The recent devaluation of the Nigerian naira in relation to the United States dollar, accompanied by an upswing in global crude oil prices, has sparked apprehension among Nigerians about a potential increase in the cost of Premium Motor Spirit (PMS), commonly referred to as petrol. Although the Nigerian National Petroleum Company Limited and other oil…
In a significant development amid growing concerns, the Economic Community of West African States (ECOWAS) has taken a decisive step to address the ongoing crisis in Niger Republic. Despite facing opposition from prominent figures and groups within Nigeria, the ECOWAS Heads of State and Government convened yesterday to order the immediate deployment of a standby…
Amidst escalating tensions, Ugandan President Yoweri Museveni has lashed out at the World Bank, accusing the global institution of attempting to use financial leverage to manipulate his government’s policies regarding the contentious anti-LGBTQ legislation. Museveni’s strong remarks came in response to the World Bank’s recent decision to suspend the consideration of new loans to Uganda….
In a significant move, the World Bank has announced its decision to halt the consideration of new loans for Uganda in response to the country’s adoption of a highly controversial law targeting LGBTQ+ individuals. The law, which was passed earlier this year by the Ugandan government, criminalizes same-sex conduct and imposes severe penalties. Under the…
In a recent interview on Channels Television’s Sunrise Daily breakfast program, Taiwo Oyedele, Chairman of the Committee and former Fiscal Policy Partner at PriceWaterhouseCoopers (PwC), has proposed a significant shift in Nigeria’s revenue collection strategy. Oyedele highlighted the Federal Inland Revenue Service (FIRS) as the optimal candidate for collecting revenue on behalf of Ministries, Departments,…
The Lagos State Police Command apprehended Taye Abass, a female trader, for reportedly using her niece, to traffic the illicit substance Colorado, evading police Scrutiny in the process. Abass, residing in Oko Oba area, admitted to the crime during her presentation at the Ikeja state headquarters on Tuesday. She confessed to consistently employing the young…
Air Marshal Hassan Abubakar, the Chief of the Air Staff, has emphasized the Nigerian Air Force’s (NAF) unwavering dedication to enhancing the operational efficiency of its functional aircraft to effectively address both present and emerging security challenges. During his inaugural operational visit to the Air Training Command and associated NAF units in Kaduna, Abubakar conveyed…
The Nigerian government has officially withdrawn its pursuit of contempt of court charges against organized labor for their participation in a nationwide protest. In a letter addressed to Falana and Falana’s Chambers, lead counsel to the NLC, and obtained by the News Agency of Nigeria (NAN) on Tuesday in Abuja, the Solicitor General of the…
