The House of Representatives Committee on Electoral Matters on Wednesday, expressed displeasure over the failure of the Independent National Electoral Commission (INEC) to appear before it to defend its 2024 budget estimates. The chairman of the committee, Hon. Adebayo Balogun said at the budget defence meeting that the commission did not communicate its inability to…
In the 2024 Budget that is presently being considered by the National Assembly, Bola Tinubu, Kashim Shettima, and their entourages are expected to spend a combined N15.961 billion on local and international travel. Ekweanaedo reports that the N27.5 trillion “Budget of Renewed Hope” was presented to the National Assembly last Wednesday during a joint session….
THE Central Bank of Nigeria (CBN) stress test has uncovered a concerning revelation on the Capital Adequacy Ratio (CAR) among prominent Deposit Money Banks (DMBs) holding international authorisation. The banks mentioned in the CBN’s quarterly economic report are: Access Bank Plc, Fidelity Bank Plc, First City Monument Bank Limited, First Bank of Nigeria Limited, Guaranty…
~ Gov pledges NGF continued support International music icon, Onyeka Onwenu has commended the Governor of Kwara State, AbdulRahman AbdulRazaq on his ingenious ways of making women force to reckon with in not only Kwara but Nigerian politics. Speaking at the fourth annual conference of Nigeria Governors’ Spouses’ Forum, Onyeka Onwenu specifically thanked the Governor…
Republican Senators in the US have blocked a move to pass an aid bill for Ukraine after failing to secure border compromises they sought in exchange. The $110bn package included $61bn for Ukraine, as well as funds for Israel and aid for Gaza. Republicans are insisting that any aid to Ukraine be tied to sweeping…
The Economic Community of West African States, on Wednesday, said the military coups in Burkina Faso, Mali and Niger are fuelling insecurity in the region. The ECOWAS Commission President, Omar Touray, made this known in his welcoming statement at the 51st Ordinary Session of the ECOWAS Mediation and Security Council at Ministerial Level in Abuja…
A Federal High Court sitting in the Federal Capital Territory, FCT, Abuja has given an order freezing 24 Kano State Bank Accounts, including the Central Bank of Nigeria (CBN), over the alleged illegal demolition of Filin Shops. The presiding Judge, Justice E.A Ekwo, also directed the Kano State Government to appear before the court on…
Britain’s ruling Conservative party was in disarray Wednesday after its immigration minister quit over legislation regarding sending migrants to Rwanda as hardliners turned the screw on Prime Minister Rishi Sunak. The UK leader’s position looked increasingly vulnerable after Robert Jenrick said he had resigned due to “strong disagreements with the direction” of the government’s policy…
The Federal Government of Nigeria has released an application portal for its Presidential Conditional Grant for Nano Businesses under the Presidential Palliative Program. The scheme offers a grant of N50,000.00 per beneficiary, aiming to support one million nano businesses across the 774 local government areas. The Federal government will collaborate with State Governments, Honourable Ministers,…
The remains of a female adult has been found dead in a hotel at Morogbo in the Badagry area of Lagos State. The discovery happened on Friday, November 31, after the deceased lodged into the hotel with a male partner. Both guests were said to have arrived at the hotel in the morning of the…
