Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest today, Thursday February 1, 2024. The CBN, which made the disclosure in a new circular released yesterday, also warned lenders against hoarding excess foreign currencies for...
•Siminalayi Fubara Rivers Governor Siminalayi Fubara has revealed how the political crisis in the state is taking a toll on his emotional well-being. Fubara and his predecessor, Nyesom Wike, who is the FCT minister, have been engaged in a fierce tussle over the control of governance and politics in the oil-rich state, reports The Nation. [&hel...
•Gov Siminalayi Fubara The Rivers State House of Assembly has accused Governor Siminalayi Fubara of engaging in illegality with regards to his recent appointments. The Speaker, Martin Amaewhule, levelled the accusation against the governor during plenary today at the Assembly Quarters in Port Harcourt, the state capital, reports Channels TV. T...
All Progressives Congress (APC) senatorial candidate for Benue South in the 2023 election, Comrade Daniel Onjeh, has petitioned the National Working Committee (NWC) of the party over anti-party activities perpetrated by the state chairman, Austin Agada, during last year’s legislative election in the state. Onjeh who submitted the petition at t...
•Fubara The Abuja division of the Federal High Court today ordered the remand of five Port Harcourt-based men arraigned by the Federal Government on terrorism charges at Kuje Prison, Abuja. They were arraigned on a seven-count terrorism charge for invading, vandalizing, and burning down Rivers State House of Assembly in the wake of the politic...
The value of Nigeria’s non-oil export revenue recorded a marginal decrease to $4.5bn in 2023, the Nigerian Export Promotion Council has said. The drop represents a $300m or 6.3 per cent decline from the $4.8bn revenue accrued to government coffers in 2022 and $500m less than the $5bn target set by the council for the […]
The Rivers State House of Assembly is to re-screen and re-confirm nine former Commissioners who resigned from the state executive council on Wednesday. This is contained in a statement signed by the Clerk of the house, Mr Emeka Amadi, today in Port Harcourt. The clerk said the commissioners include Attorney General and Commissioner for Justice...
The fate of 16 members of the Plateau State House of Assembly is now hanging in the balance as the Speaker, Gabriel Dewan, has said that he would only recognise eight members of the House. Dewan, the only member of the Young Peoples Party (YPP), was elected the Speaker in the wake of the sack […]
Amid the political crisis rocking Rivers State, three Social Democratic Party (SDP) candidates who contested in the 2023 general elections for seats of different constituencies in the State House of Assembly have defected to the All Progressives Congress (APC) with their supporters. This was as Mr. Lawrence Chuku, a former Caretaker Chairman o...
•Rome The Executive Secretary, Nigeria Christian Pilgrims Commission (NCPC), Reverend Yakubu Pam, has said the ongoing conflict between Israel and Hamas has necessitated a change of Nigerian pilgrimage from Israel and Jordan to the Biblical sites in Rome and Greece. Addressing journalists in Abuja, Reverend Pam explained that the safety and se...

