NewsPol

The Presidency has described as false the news making the rounds that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has proposed N105,000 in the new minimum wage template.   The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this on his X account on Thursday.   […]

Former Governor of Kaduna State, Nasir El-Rufai, has dismissed as a “politically motivated hatchet job”, the Kaduna State House of Assembly’s adoption of a report of its ad-hoc committee asked to probe his governance of the North-West state from May 2015 to May 2023. In a statement on Wednesday through his spokesman, Muyiwa Adekeye, the […]

The ad hoc committee set up by the Kaduna State House of Assembly to investigate all finances, loans and contracts awarded under the former governor, Nasir El-Rufai has submitted its report to the House. Presenting the report during plenary on Wednesday,  the chairman of the ad hoc committee,  Henry Zacharia, said that most of the […]

The Federal High Court sitting in Lagos on Wednesday granted an order of interim forfeiture of properties valued at N11,140,000,000.00 linked to the embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele.   Justice Chukwujekwu Aneke made the order sequel to a motion ex parte filed and argued by the counsel to the Economic […]

President Bola Tinubu has directed the Minister of Finance, Wale Edun, to come up with the cost Implications on the new minimum wage within two days.   Minister of Information and National Orientation, Mohammed Idris, made this known while briefing State House Correspondents after a meeting the negotiation team had with the president at Aso […]

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their industrial action – over a lack of consensus on a new minimum wage and the hike in electricity tariff  – for one week.  The TUC president Festus Osifo confirmed this in Abuja on Tuesday after a joint extraordinary national executive council […]

The country has been thrown into a fresh round of blackouts over the shutdown of the national grid by aggrieved members of the labour unions.    The national grid system dropped to zero megawatts on Monday as a result of the complete disruption of power supply to all eleven electricity distribution companies in the country. […]

The City of David Parish of the Redeemed Christian Church of God (RCCG) in Lagos has suspended Pastor Idowu Iluyomade, following the extravagant birthday party of his wife shortly after the death of Herbert Wigwe, former Group Chief Executive Officer (GCEO) of Access Holdings Plc.   According to ChurchTimes, a top pastor of the church […]

The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately.   This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability.   The apex bank’s Acting Director of Corporate Communication Department, Sidi Ali, disclosed this in a statement on […]

   Workers have downed tools across the nation as the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) begin their industrial action over the hike in electricity tariff and a lack of consensus on a new minimum wage.  While the National Assembly had stepped in at the last minute to avoid the industrial […]

Alhaji Muhammadu Sanusi, Emir of Kano, has said no one can ask God for explanation on any issue.   The monarch said this in his sermon at the Kofar Kudu Central Mosque in Kano.    His sermon focused on the belief in Allah in good and bad times.   “Whoever believes that Allah alone gives […]