Special Adviser, Media and Public Communications for State House, Daniel Bwala has disclosed that Nigeria recorded an unprecedented revenue generation milestone. In a post on his X account on Saturday, the presidential spokesman wrote ”A gross total revenue of N3.143 trillion is the highest-ever recorded since FAAC allocations began. ”Kudos to President @officialabat for blocking loopholes and freeing up funds for rapid development. ”States and local governments are now receiving…

A truck driver, Olalere Timileyin, and his motor boy have been arrested by operatives of the Ogun State Police Command for the killing of a man at Obada Oko, Abeokuta, the state capital. SP Omolola Odutola, the spokesperson for the state police command, who disclosed this in a statement sent to journalists on Saturday, said Timileyin and his motor boy caused the death of a man after beating him (deceased)…

The Finnish government has frozen the assets of Simon Ekpa, the self-acclaimed Prime Minister of the Biafra Republic Government In-Exile facing allegations of terrorism-related activities. According to Yle, a local newspaper, the Finnish authorities also froze the assets of companies associated with Ekpa and four of his accomplices, who are also in remand. The report said Ekpa is being held in the Kylmäkoski vankila, (Kylmäkoski prison), which is reputed to…

Excel Ihekweme, wife of the former Commissioner for Foreign and International Affairs in Imo State, Dr Fabian Ihekweme, has petitioned President Bola Tinubu over the unlawful arrest and detention of her husband. Excel, in two letters dated December 13 and written on her behalf by a rights group, Initiative Against Human Right Abuse and Torture, also sought the intervention of the Attorney-General of the Federation and Minster of Justice, Lateef…

The Central Bank of Nigeria (CBN), has disclosed that any Deposit Money Banks found culpable of issuing illegal flow of mint naira notes to currency hawkers across the country will be fined N150 million. A statement by the acting Director of Corporate Communications of the apex bank, Sidi Ali Hakama disclosed this information in Abuja. This development comes amidst the misinformation about the validity of the old N1000, N500, and…

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the price of Premium Motor Spirit (petrol) across its retail outlets in the Federal Capital Territory. A visit to NNPCL retail outlets showed that the petrol pump price was reduced from N1,060 to N1,040 per litre, representing a reduction of N20. According to a filling station attendant at the NNPCL retail outlet along Kubwa expressway, “The price was reduced to N1,040…

In a major milestone for Nigeria’s oil and gas sector, Vice President Kashim Shettima today in Dubai, commissioned a $315 million Floating Production, Storage, and Offloading (FPSO) vessel built by Oriental Energy Resources Limited. In a statement posted on his X ,Stanley Nkwocha, Shettima’s spokesperson ,said the Vice President who represented President Bola Tinubu presided over the commissioning held at Drydocks World Dubai Shipyard in the United Arab Emirates(UAE).The Vice…

The Federation Account Allocation Committee (FAAC) has distributed a whopping sum of N1.727 trillion to the Federal Government, states, and local government councils (LGCs) as Federation Allocation for November 2024. This was disclosed during FAAC’s December 2024 meeting, chaired by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. The allocation, drawn from a gross total revenue of N3.143 trillion, included contributions from Gross Statutory Revenue, Value…

Ngozi Okonjo-Iweala and Mo Abudu earn spots on Forbes’ 100 Most Powerful Women list, solidifying their global influence and continuing to inspire change. Okonjo-Iweala ranks 89th on this distinguished list, marking her eighth appearance. She has previously been featured in 2011, 2012, 2013, 2014, 2015, 2022, and 2023. Mo Abudu secured the 97th spot, celebrating her fourth consecutive year on the list. The founder of EbonyLife Media expressed her pride,…

The Chief of Defence Staff, (CDS), Gen. Christopher Musa on Friday called for a collaborative and multi-dimensional approach towards securing the Nigerian collective future. Musa made the call at the graduation ceremony of the Armed Forces Command and Staff College (AFCSC) of the members of Junior Course 98 at Jaji Military Cantonment, Kaduna. The CDS said, “The College has over the years remained committed to providing world-class training for tactical…

Following rumours of a December 31 deadline for the phasing out of the old notes, the Central Bank of Nigeria (CBN) has reiterated that both the old and redesigned Naira notes of N1,000, N500, and N200 denominations will remain legal tender indefinitely. The apex bank’s Acting Director of Corporate Communications, Hakama Ali, in a statement issued on Friday by, cited a Supreme Court ruling delivered on 29 November 2023, which…

The Kano State Command of the National Drug Law Enforcement Agency (NDLEA), has secured the conviction of 12 drug peddlers in the state. The spokesman of the agency, Sadiq Maigatari, disclosed this in a statement issued to newsmen in Kano on Saturday. Maigatari said the conviction was a significant milestone in the agency’s relentless fight against drug-related offences under the leadership of the state Commander Abubakar Ahmad. According to him,…