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The long-awaited announcement of President Muhammadu Buhari’s cabinet will become a reality in July after the National Assembly completes its leadership processes and lawmakers resume from recess. The Secretary to the Government of the Federation (SGF), Boss Mustapha, disclosed this to journalists on the sidelines of the just-concluded meetings of the African Export-Import Bank in […]

A special government panel has recommended that President Muhammadu Buhari sign Nigeria up for the landmark African Continental Free Trade Agreement (AfCTA), ahead of a key meeting of African leaders. The panel was formed by Buhari in March last year to assess the impact of AfCTA after Nigeria abruptly pulled out of signing the deal […]

Justice Rilwan Aikawa of a Federal High Court Lagos, Friday, dismissed a preliminary objection by embattled Judge of the court, Rita Ofili-Ajumogobia, facing Money Laundering charges. The court held that Ajumogobia was no longer a serving judicial officer and so, could face the criminal charge brought against her by the Economic and Financial Crimes Commission […]

Nigeria’s National Broadcasting Commission (NBC) has lifted the suspension placed on the Daar Communication, owners of African Independent Television (AIT) and Ray Power FM.NBC director general Isaq Modibbo Kawu announced the settlement on Friday, saying an agreement was reached by both parties. The settlement, he said, was based on the fulfilment of some conditions. NBC […]

The main opposition Peoples Democratic Party (PDP) has countered claims by the chairman of the Independent National Electoral Commission (INEC) Mahmood Yakubu that it is the most improved Nigerian government-owned institution. PDP spokesman Kola Ologbondiyan in a statement alleged that INEC rigged the elections to favor the ruling All Progressives Congress (APC). Ologbondiyan asked the […]

The immediate past Minister of Information and Culture, Lai Mohammed, has been scheduled to appear before a Federal High Court, Abuja, to explain his role in the alleged misappropriation of N2.5 billion Federal Government Digital Switch-Over (DSO) program. The planned appearance of Mohammed was revealed by the Independent Corrupt Practice and Other Related Offences Commission […]

The Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay (SAN), has advised Senate President Ahmed Lawan to stop lying to Nigerians, insisting that Senators earn N15 million monthly and not N750,000 as claimed by the Senate president.   Lawan had on Tuesday said there was no such thing as ‘jumbo pay,’ […]

The Presidential Election Petition Tribunal has dismissed two separate applications seeking the dismissal of the petition of the Peoples Democratic Movement (PDM) against the outcome of the February 23 presidential election which produced President Muhammadu Buhari as winner. The candidate of the PDM, Aminchi Habu, and the PDM are challenging their exclusion from the February […]

A High Court sitting in Kano Thursday adjourned further hearing on a suit instituted by the Kano Emirate kingmakers against Governor Umar Ganduje and seven others over the creation of four new Emirates in Kano State. The plaintiffs’ counsel Lateef Fagbemi (SAN) and the defence counsel, Ibrahim Muktar both agreed on the adjournment of the […]

Switzerland on Thursday announced it was mediating in the crisis in two Cameroon regions where Anglophones have launched an armed campaign for a separate state from the French-speaking majority. “At the request of the parties, Switzerland is acting as a facilitator in the crisis in north-western and south-western Cameroon,” the foreign ministry said in a […]

Mercer, a firm that produces individual cost of living and rental accommodation cost reports for cities, has ranked Lagos as the fourth most expensive city in Africa among those surveyed. Although in comparison with other cities in the world, Lagos, Nigeria’s economic hub continues to remain attractive for foreign investments despite being one of the […]

A report on Page 33 of the Punch Newspaper edition of June 21st 2019 has indicated that “between April 2018 and March 2019, the Central Bank of Nigeria injected over $42.3bn into the foreign exchange market to ensure liquidity in that segment of the economy.” In the same report, Isaac Okorafor, CBN’s Director of Corporate […]