The upper legislative chamber Senate has set machinery in motion for amendment of the Central Bank of Nigeria, (CBN) Act, 2007, which will among others, make tenureship of Governor of the apex bank to six years single term as against renewable five years in the extant act. It also proposed N1trillion recapitalization for commercial banks…
 Nigerian Lawyer and rights activist Femi Falana, says the 12-year old Steve Oronsaye Report recommending the merger of government agencies and commissions is outdated. In a statement on Tuesday, Falana said the report won’t “substantially reduce the enormous costs of governance in the country as it does not reflect the current situation in the…
 Following the commissioning of the Aba Power Plant by Vice President Kashim Shettima, Imolites are raising questions and concerns regarding Governor Hope Uzodimma’s proposed 10-megawatts Otammiri Dam project, which he had pledged to the people of the state. Governor Uzodimma had in September 2022 said that then-President Muhammadu Buhari had approved for the conversion of the…
Governor Francis Nwifuru of Ebonyi State has called on Electricity Stakeholders to address issues of estimated billing to encourage electricity subscribers to continue paying for power. The governor, who was part of Southeast governors that attended a Business Roundtable on Light-Up Nigeria Project for Southeast on Monday aimed at arriving at sustainable solutions to perennial…
 The Nigeria Labour Congress has suspended its two-day protest all over the country.  The Labour, in a communique at the end of its National Executive Council meeting, on Tuesday said the objectives of the protest were achieved on the first day of the demonstration. “Consequently, NEC-in-session resolved as follows: to suspend street action for the…
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has highlighted some of the things the constitution amendment by the National Assembly aims to achieve. Kalu spoke hours after the inauguration of the Constitution Amendment Committee of the House by the Speaker, Tajudeen Abbas. The deputy speaker said the amendment will focus on devolution…
  Nigeria’s pioneer and leading domestic liquefied natural gas (LNG) and compressed natural gas (CNG) company, Greenville LNG, has taken another major investment step to expand its operational presence and more affordable, cleaner and more reliable LNG/LCNG provision initiative to the Southeast of the country. According to a press statement released by the company’s Head of…
In response to the economic challenges, the First Lady of Nigeria, Her Excellency, Sen. Oluremi Tinubu CON, will Wednesday, 28th February 2024, flag off the Southeast Renewed Hope Initiative. This initiative is aimed at empowering women in the rural areas through agricultural initiatives social investment programme The support program for the South-Eastern Geopolitical zone will…
The monarch of Aro kingdom, Eze Eberechukwu Oji, has cautioned Aros at home and in the Diaspora against the condemnation of upright traditions and cultures of the Aros, because of their religious divide. Eze Aro stated this while fieldimg questions during the first, all —Aro global meeting held on Zoom on Sunday. He spoke from…
Governor of Abia State, Alex Otti says the Geometric Power Project inaugurated by his administration on Monday in Osisioma has the potential of rejuvenating economic and social growth in the state. The governor stated this in his speech during the project inauguration done by Vice President, Kashim Shettima. The governor while emphasizing that the project…
