The International Telecommunications Union (ITU) has awarded Nigeria a 71% score for its comparative legal, policy, and governance frameworks towards achieving G5, an advanced state of readiness for digital transformation. This evaluation was detailed in a report created in collaboration with the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), and unveiled by Nigeria’s Minister […]

The Central Bank of Nigeria (CBN) Monetary Policy Committee has raised the interest rate by 50 basis points, from 26.25% to 26.75%. This decision was announced by the Governor of the CBN, Mr. Olayemi Cardoso, at the end of the apex bank’s 296th MPC meeting held in Abuja. Key Monetary Policy Adjustments In addition to […]

To further showcase its acknowledgment and endorsement of the Nigerian-born, Africa-wide technology distribution company, TD Africa, a delegation of Robert Bosch GmbH, popularly known as BOSCH, has paid a courtesy visit to the tech distribution giant at its Victoria Island, Lagos, head office. This pivotal visit marks a renewed commitment of the German multinational engineering and […]

By Solomon Odeniyi Operatives of the Federal Capital Territory Police Command have arrested one Hashiru Baku, the mastermind behind the murder of the late Brigadier General Harold Udokwere. Udokwere, who was the national chairman of the Retired Members of the Nigerian Armed Forces, was murdered by armed robbers who invaded his residence on June 22, 2024, […]

Okechukwu Nnodim, Dirisu Yakubu and Dare Olawin •NNPC mum as dealers insist government still paying subsidy, Reps probe crude shortage •Dangote eyes foreign markets for refinery products, FG meets Kyari, Dangote over dispute With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has […]

Oluwakemi Abimbola and Henry Falaiye The Federal Government is set to collect over N425bn from seven banks as a one-time windfall tax on their foreign currency revaluation gains for the 2023 financial year. On Wednesday, the Senate approved President Bola Tinubu’s request to amend the Finance Act to impose a one-time windfall tax on banks’ […]

Plateau State Governor, Caleb Mutfwang, has extended his heartfelt congratulations to the new President of the Nigerian Bar Association, Afam Osigwe (SAN). Mutfwang also congratulated the newly elected Executive members of the NBA. In a congratulatory message issued on Tuesday by his Director of Press and Public Affairs, Gyang Bere. The governor expressed confidence in […]

Edo State Deputy Governor Philip Shaibu and gubernatorial candidate of the All Progressives Congress (APC), Monday Okpebholo, have been blamed for the tragic murder of his police orderly, Inspector Akor Onu, who suspected political thugs killed last week. Pulse reports that Inspector Onu was attacked and killed shortly after leaving the Benin airport, where he had accompanied Senator […]

No fewer than 180 members of the minority caucus of the House of Representatives have adopted the call by Rep. Obi Aguocha (LP-Abia) for the release of Nnamdi Kanu. Kanu is the leader of the proscribed Indigenous People of Biafra (IPOB). The caucus adopted the motion at the caucus end-of-session dinner in Abuja on Monday. The […]

  At least 58 of the 164 member states of the World Trade Organisation (WTO) have expressed their support for incumbent Director General Ngozi Okonjo-Iweala to serve a second term. This backing came to light during a WTO General Council meeting on July 22, as noted in a statement by the world trade body. “The […]