Month: April 2024
EFCC Recovers N30 Billion in Probe of Suspended Minister and Former CEO
The Economic and Financial Crimes Commission (EFCC) has made significant strides in its investigation into the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and the former CEO of the National Social Investment Programme (NSIPA), Halima Shehu. So far, the EFCC has recovered a staggering sum of N30 billion for the Federal Government….
Central Bank of Nigeria Halts Acceptance of Foreign Currency as Collateral for Naira Loans
In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the discontinuation of the practice of accepting foreign currencies as collateral for loans denominated in naira. This decision marks a departure from previous banking practices and is poised to have far-reaching implications for financial institutions and borrowers alike. The directive, issued by…
Prominent Chadian Opposition Leader Yaya Dillo Likely Executed, Forensic Analysis Reveals
New evidence has emerged suggesting that Yaya Dillo, a prominent opposition leader in Chad, was likely executed by government forces, contradicting official claims of his death during an exchange of fire. Yaya Dillo was killed in February by government troops at his party’s headquarters in the capital, N’Djamena. Forensic analysis conducted by five pathologists, including…
GOV AIYEDATIWA DISTRIBUTES 1200 TONNES OF PALLIATIVE GRAINS TO LIVESTOCK FARMERS IN ONDO STATE
In a concerted effort to bolster food security and mitigate rising food prices, Governor Lucky Aiyedatiwa of Ondo State has initiated the distribution of maize palliatives to livestock farmers across the state. The move, which saw the distribution of 40 trailers of grains supplied by the Federal Government, aims to alleviate the challenges faced by…
Central Bank of Nigeria Raises N7.7 Trillion in Q1 2024 Through Treasury Bills and OMO Sales
In a bid to manage surplus liquidity in the banking sector, the Central Bank of Nigeria (CBN) has achieved a significant milestone by generating N7.7 trillion through Nigerian Treasury Bills (NTBs) and Open Market Operations (OMO) in the first quarter of 2024. This marks a remarkable surge of 383% compared to the N1.59 billion acquired…
OGBC’s newly acquired 5KW transmitter is set to enhance broadcasting and drive socio-economic growth in Ogun State.
The Ogun State Broadcasting Corporation (OGBC) is poised for a transformative journey with its acquisition of a state-of-the-art 5KW transmitter, made possible by the visionary investment of the Ogun State Government. This milestone marks a pivotal moment in OGBC’s mission to deliver excellence in broadcasting, enriching the lives of its audience while contributing significantly to…
Virtual Meeting Hosted by Hadiza Bala Usman Introduces Ministerial Achievements and Citizens Delivery Initiative
The Special Adviser to the President on Policy and Coordination, Hadiza Bala Usman, is set to host a virtual meeting with the public today at 10 am. The meeting aims to introduce the Ministerial achievements and the Citizens Delivery initiative, marking a significant step towards enhancing transparency and accountability in governance. One of the key…
ISWAP Terrorists Seize Humanitarian Aid Vehicle in Niger, Driver Killed in Ambush
In a brazen attack, suspected ISWAP terrorists seized a Toyota Land Cruiser belonging to CADEV, an NGO affiliated with CRS (Catholic Relief Services), on Friday. The NGO, dedicated to humanitarian aid and feeding refugees in Niger Republic, fell victim to the ambush between Gargada and Gagamari, along the Diffa-Maine Soroa road. Tragically, the terrorists opened…
Nigerian Troops Achieve Victory: ISWAP Enclave Dislodged in Yobe State After Intense Battle
Introduction:In a significant victory against terrorism, Nigerian troops, supported by air components, have successfully dislodged ISWAP (Islamic State West Africa Province) enclaves in Yobe State. The operation, led by the 145 Battalion stationed in Damasak, culminated in the destruction of a terrorist camp and the neutralization of one militant. Details of the Operation:The operation, which…
Deadly Rival Clash Claims Lives of Two Bandit Leaders and Dozens of Fighters in Zamfara State
Introduction:A violent clash between rival bandit factions in Zamfara State has resulted in the deaths of two prominent leaders, Sani Dangote and Lamo Saude, along with 38 other fighters. The deadly confrontation took place on Sunday, April 7, 2024, at Dumburum Village in Zurmi Local Government Area. Details of the Clash:According to intelligence sources, the…