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The Kaduna State Government has recruited 7,000 youths into the state vigilance service to complement the efforts of federal security agencies in tackling insecurity in the state. Speaking during the commencement of training for the newly recruited vigilante members at the Police College Kaduna, Governor Uba Sani said his administration will do everything humanly possible […]

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The Lagos State Government has announced that the first phase of the Blue Rail Line will commence operation on Monday, September 4. The Managing Director of the Lagos Metropolitan Area Transport Authority (LAMATA), Mrs Abimbola Akinajo, made this known at the Marina Train Station on Wednesday. Akinajo also noted that the first train ride would […]

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The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has confirmed that President Bola Tinubu has approved two billion naira as palliative for the FCT. Wike disclosed this on Monday when he met with contractors in his office after the maiden Federal Executive Council (FEC) meeting of the current administration. Confirming the approval of […]

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The Lagos State government says it is prepared for the flood opening as  Cameroun is set to open the flood gates of Lagdo Dam on the Benue River. The state government through the Lagos State Emergency Management Agency (LASEMA) revealed this, in a statement on Monday. The agency’s secretary Dr  Olufemi Oke-Osanyintolu  said the agency was fully […]

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The Federal Government has restated that the Port Harcourt Refining Company (PHRC) Ltd would be back on stream by December.  This is part of the government’s commitment to ending petroleum product importation as soon as efforts are being redoubled to restore the nation’s local refining capacity. The Minister of State for Petroleum Resources (Oil), Senator Heineken […]

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The Federation Account Allocation Committee (FAAC), has shared N966.110 billion revenue to the Federal Government, States and Local Government Councils (LGCs) for July. This is contained in a communiqué issued at the end of FAAC.meeting for August, which was chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun. According […]

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Finance Minister and the Coordinating Minister of the Economy, Wale Edun, has officially assumed his duties. Edun on assumption of duty expressed a commitment to propel Nigeria’s economy to new heights. He conveyed this determination during a welcome event organized by the ministry’s staff in Abuja on Monday. Edun underscored that President Bola Tinubu has […]

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The Minister of State, (Oil) Petroleum Resources, Senator Heineken Lokpobiri has assured that Nigeria will witness increase in oil production on a sustainable basis in the nearest future. Lokpobiri gave the assurance in Abuja on Monday while addressing stakeholders on his assumption of duty shortly after taking oat of office. The Minister and his counterpart, […]

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A Bloomberg report indicates that the Federal Government may sell stakes in about 20 state-run companies to raise funds and improve governance in the entities. The Nigerian National Petroleum Corporation is among the firms the government may sell a stake in, according to the chief executive officer at the Ministry of Finance Incorporated, Armstrong Takang. […]

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THE Federal Capital Territory Administration (FCTA) is set to introduce bicycle lanes on roads within the Abuja metropolis. A statement released by the Director of Information and Communication, Muhammad Sule, on Sunday, June 4, said the Permanent Secretary of the FCTA, Olusade Adesola, disclosed this at an event held to mark the 2023 World Bicycle Day […]

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The Central Bank of Nigeria (CBN) has firmly denied recent reports of a devaluation of the Naira against the US dollar. In a Twitter post on Thursday morning, the CBN said it’s fake news a report made by a news outlet that the Naira had been devalued to N631 to the dollar from N461.6 at […]

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In line with his administration’s commitment to deliver dividends of democracy and good governance to Lagos residents, Governor Babajide Sanwo-Olu on Wednesday, commissioned 13 projects in eight local government areas of the State. The commissioning of the projects in Amuwo-Odofin, Badagry, Agege, Ojo, Alimoso, Ifako Ijaiye, Ikeja and Ajeromi/Ifelodun local government areas, were parts of […]

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The Central Bank of Nigeria (CBN) has raised interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the decision  on Wednesday after the committee’s meeting at the CBN headquarters in Abuja. The development is the third consecutive time the apex bank will be raising the monetary policy rate (MPR) […]

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The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 Microfinance Banks, three finance companies and four primary mortgage banks. The list of affected Microfinance banks include Atlas Microfinance Bank; Bluewhales Microfinance Bank; Everest Microfinance Bank; Mainsail Microfinance Bank; Nopov Microfinance Bank; Ohon Microfinance Bank; Premium Microfinance Bank and Statesman Microfinance Bank. Others include […]

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 President Muhammadu Buhari will on Tuesday, inaugurate seven legacy projects completed by the Federal Ministry of Works and Housing  across the country. Mr Femi Adesina, the President’s spokesman, who confirmed this development in a statement on Monday in Abuja, said the projects were in line with Buhari administration’s determination to upgrade and expand the nation’s stock […]

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The Minister of Interior, Rauf Aregbesola, says state governments will now be feeding and accommodating inmates in their states. He said this followed the recent constitution amendment which placed correctional services on the concurrent list. Aregbesola gave the insight while speaking at a two-day high-level conference on Decongestion and Corrections Management, on Thursday in Abuja. […]

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The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin, said this in a statement on Wednesday. Abdulmumin said that the claim was completely false and therefore advised bank customers to […]

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The man said he had managed to care for the quadruplets with the assistance from friends and the little money he received from fellow Nigerians when they were born in 2022. Cisse Abdullahi, father of quadruplet (two boys and two girls) on Thursday appealed for financial assistance from Lagos State Government for the children’s upkeep. […]

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Lagos State government has constituted a 22-man committee for the second term inauguration of Governor Babajide Sanwo-Olu and Deputy Governor, Babafemi Hamzat. This was contained a statement on Wednesday by Commissioner for Information and Strategy in Lagos State, Gbenga Omotoso. The committee is mandated to coordinate activities for the May 29 swearing-in of Governor Sanwo-Olu […]

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Lagos State Governor, Babajide Sanwo-Olu on Monday said his administration has paid N51.7 billion to pensioners in the state. He spoke at the 2023 Worker’s Day Celebration, themed “Worker’s right and Social Economic Justice” held at Mobolaji Johnson Arena, Onikan, Lagos. He reaffirmed his administration’s unwavering commitment to the welfare and working conditions of the […]