President Bola Tinubu has approved the setting up of an inter-ministerial committee on the execution of three steel development projects, including the revival of the Ajaokuta Steel Mill. Minister of Steel Development, Shauibu Audu, disclosed this to journalists at the State House, Abuja, after he and the Minister of Defense, Abubakar Badaru, met with President Tinubu at the State House ... Read More »

Police operatives from Utako police divisional Headquarters have arrested a couple involved and one other in ‘one chance’ robbery. The trio of Chukwudi Okorie ‘m’ 51 yrs, Chibuzor Okorie ‘f’ 43 yrs both husband and wife and Esther Gabriel ‘f’ 38 yrs all residents of Akaraka Gwagwa, FCT, in connection with series of robbery, specifically one chance activities within the ... Read More »

Federal Capital Territory FCT Minister, Ezenwo Nyesom Wike, has frowned at the slow pace of work on the Abuja Light Rail, especially with regards to the perimeter fencing of the Metro Station in the Central Business District, saying the facility cannot be opened for operations without providing maximum security. Speaking when he inspected the project on Thursday, Wike recalled his ... Read More »

The Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors governing Polaris, Titan, Union and Keystone Banks. CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi Cardoso, on Wednesday in Abuja. The source who pleaded anonymity, hinted that an official statement dissolving the board of directors will ... Read More »

In what should be cheery news to millions of its subscribers, Multichoice, owners of Digital Satellite Television (DStv) have concluded arrangements to broadcast the Africa Cup of Nations (AFCON) Cote d’Ivoire 20223 on its sporting channel, SuperSport. Earlier, the company reportedly said it would not transmit the tournament ‘because the channel has not secured the rights to broadcast the tournament.’ ... Read More »

A Federal High Court in Abuja on Wednesday, January 9, ordered the remand of a former Minister of Power and Steel, Olu Agunloye, in Kuje Correctional Service. The Economic and Financial Crimes Commission (EFCC) arraigned Agunloye over allegations of fraud in the Mambilla Power Project. Agunloye was brought before the federal high court in Abuja where he pleaded not guilty ... Read More »

The Presidency has clarified that the Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, and the Director-General/CEO of the Bureau of Public Enterprises (BPE), Alexander Okoh were relieved of their duties and not dismissed. The Nation reports a statement signed by President Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale titled ... Read More »

The Economic and Financial Crimes Commission is currently interrogating Chief Executive Officers and Managing Directors of Providus Bank, Jaiz Bank and others in connection with the over N44 billion fraud allegedly uncovered in the Ministry of Humanitarian Affairs and Poverty Alleviation. Our correspondent gathered that the senior back executives are currently being quizzed by EFCC interrogators at the commission’s headquarters, ... Read More »

In line with his avowed commitment to uphold the highest standards of integrity, transparency, and accountability in the management of the commonwealth of Nigerians, President Bola Tinubu suspends the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect. The President further directs the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) to ... Read More »

The Chief Whip of the Senate, Ali Ndume, on Monday, commended President Bola Tinubu for suspending the embattled Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu. This was just as he said Tinubu’s suspension of Edu was a timely action. He also advised the President to immediately curtail the excesses of what it called an emerging political cartel ... Read More »