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One piece of good news from Nigeria in the past one month is the rapid recovery of Nigeria’s currency, the naira. The naira was rated as the best-performing currency in the world in the last one month, rising rapidly from a low of about 1 USD to N1,900 to about 1 USD to N1,000. That […]

Governor Siminalayi Fubara of Rivers State has reshuffled his cabinet, moving two allies of Nyesom Wike, Minister of Federal Capital Territory (FCT), to other ministries.   The development comes 24 hours after the pro-Wike led Rivers House of Assembly overrode the governor’s assent and passed the Local Government (Amendment) Bill into law.    In a […]

The Economic and Financial Crimes Commission (EFCC) accused former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of approving the printing of N684,590,000 at the rate of N18.96 billion.   Although approved by ex-President Muhammadu Buhari, the naira redesign policy of CBN under Emefiele has generated huge controversy for the former bank chief. […]

The management of Lead British International School, Abuja, has shut down the institution over the bullying incident that went viral on social media.   An X user, @mooyeeeeeee, posted two videos where the victim she identified as Maryam Hassan was repeatedly slapped by another female student.    The video generated thousands of comments by netizens […]

The Federal Government of Nigeria has announced the appointment of five new Chargé D’affaires and 12 Consuls General to the country’s mission to some countries across the world. The Minister of Foreign Affairs, Ambassador Yusuf Tuggar charged them to be good ambassadors of Nigeria in a statement on Tuesday by Alkasim Abdulkadir, his Special Assistant […]

The Economic and Financial Crimes Commission has arrested former Minister of Aviation, Hadi Sirika, over an ongoing N8,069,176,864.00 money laundering probe.   The indicted former Minister of Aviation arrived at the Federal Capital Territory Command of the EFCC at about 1:00 pm on Tuesday.Our correspondent, who was at the Wuse office of the EFCC, observed […]Read More

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has sworn to follow the prosecution of former Kogi State Governor, Yahaya Bello, to logical conclusion. In a chat with journalists at the EFCC Headquarters in the Jabi area of Abuja on Tuesday, the anti-graft chairman vowed to resign as EFCC chairman if […]

What else can we say to the honorable Judge Nancy Maldonado and Magistrate Judge Jeffrey Gilbert except that, by embracing diligence and moral uprightness in their work, they have played an immense and unquantifiable role in the exposure of the putrefaction of the Nigerian state? For this, we owe them our profound gratitude. Much to […]

Thomas Akoh Etuh is a very rich man.He is the Chairman at Veritas Kapital Assurance Plc and Founder of the TAK group of companies,  a multibillion naira conglomerate spanning Agriculture, Logistics, Asset Management, Aviation and Mining. His portfolio includes TAK Continental Limited, TAK Asset Management, TAK Agro, TAK Aviation, Thomasses and Associates Limited (UK) and […]

CHAPTER 4Obenesu CrescentIt was March 2021 and I was back in Accra, fresh from my Ivorian adventure. Ndi and Ralph had fallen out over something extremely silly during the Christmas period, and were not speaking to each other at that point. When they wanted to find out how each other was doing, I would be […]

Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024.     Alebiosu steps into this pivotal role from his previous position as the Executive Director, Chief Risk Officer, and Executive Compliance Officer, a position he held since January 2022.   Alebiosu […]

President Bola Tinubu has approved the appointment of the following Nigerian professionals to the Board of the Securities and Exchange Commission (SEC):   (1) Mr. Mairiga Aliyu Katuka — Chairman    (2) Mr. Emomotimi Agama — Director-General    (3) Frana Chukwuogor — Executive Commissioner (Legal and Enforcement)   (4) Mr. Bola Ajomale — Executive Commissioner […]