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The acting CBN Governor and the powers of the President to remove and suspend CBN chiefs

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Folashodun Adebisi Shonubi, CBN Deputy Governor of Operations, is the acting CBN Governor. He has been a Deputy Governor for nearly five years. Born...
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President Tinubu opens up electricity sector, signs law

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Five Benefits Of Electricity Act Bill Tinubu Signed President Bola Tinubu has assented to the electricity bill, which was passed in July 2022 seeking to...
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CBN Governor suspended by President Tinubu

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The Central Bank of Nigeria governor, Mr. Godwin Emefiele has been suspended from office by President Bola Tinubu. A statement by the Director of Information,...
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The Nigeria Air scam: MD, under pressure from lawmakers, spills on unveiling of logo

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From the Senate to the House of Representatives, the monumental scam orchestrated by the Ministry of Aviation to give an impression of a national...
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Peter Obi likens Tinubu’s subsidy removal to a dentist pulling a tooth without anaesthesia

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In apparent reference to the removal of subsidy on petrol by the present administration, Presidential candidate of the Labour Party (LP) in the last...
Business

NNPC: Probe missing $2.1bn, N3.1trn of subsidy payments or face legal action, SERAP tells Tinubu

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Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to “set up a presidential panel of enquiry to promptly probe the...
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(Video) Who is this man? Is he telling the truth about subsidy? If so, heads must roll?

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  https://youtu.be/QIBAyyxc4lk
Business

CBN: We have not devalued the Naira ▪︎ Yes, you have, we have evidence, says Daily Trust

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The Central Bank of Nigeria (CBN), says it has not devalued the naira to N631 from the previous rate of N461 per US$. But the...
Business

(Video) Defiant NLC says FG broke the the 2023 Appropriation law by removing subsidy before July 1

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A fundamental breach of an existing law by the 72 hours old President Bola Tinubu administration has been pointed out by the Nigeria Labour...
Business

Trouble as maritime workers begin strike on Monday

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The President-General of Maritime Workers Union of Nigeria, MWUN, has announced that workers of shipping companies are downing tools for an indefinite nationwide strike...
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