•Binance chief, Tigran Gambaryan The federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds. Gambaryan has been facing money laundering trial from detention since April, reports Channels TV. A Counsel for the Economic and Financial Crimes Commission (EFCC), announced the withdraw...
The federal government has directed all Ministries, Departments, and Agencies (MDAs) operating in states to close their accounts with commercial banks and fully comply with the Treasury Single Account (TSA) policy. The directive was issued by the Accountant-General of the Federation, Dr. Oluwatoyin Madein, during a working visit to the Federal...
•Minister of Education, Tunji Alausa The Minister of Education, Dr Tunji Alausa, has approved a one-year moratorium on new applications for polytechnics and monotechnics. He, however, exempted health institutions due to low enrollment challenges, reports NAN. This was contained in a statement by the Executive Secretary of the National Board fo...
The Lagos State Special Offences Court, Ikeja, has ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1.00 each, to the federal government. Justice Hakeem Oshodi on Tuesday gave the order after Sigma Golf Nigeria Limited, represented by its Chairman, Umaru Hamidu Modibbo, pleaded guilty to the f...
•Head of the Civil Service, Mrs Didi Walson-Jack The federal government has commenced the process of appointing a new Accountant General of the Federation (AGF) as well as two federal permanent secretaries as approved by President Bola Ahmed Tinubu. Mrs Didi Esther Walson-Jack, the Head of the Civil Service of the Federation (HCSF) said this [...
The federal government has raised the fees for purchasing and processing of application forms for new private universities to N30 million. The amount, according to the National Universities Commission, NUC, include a N5 million for application form and a N25 million as processing fee, respectively. The NUC, in a statement to this effect today,...
The Pan Niger Delta Forum (PANDEF), has chided the federal government for locating mini Liquefied Natural Gas Plants (LNGPs) in Ajaokuta, Kogi State, describing it as a misplaced priority in the first instance and denying the Niger Delta Region what could have aided its development even faster. PANDEF stated this through a communiqué issued by...
•Atiku Former Vice-President Atiku Abubakar has warned the federal government that the $1.07 billion allocated to the health sector in the 2025 budget should not be misused. Atiku in a statement in Abuja asked that mechanisms must be put in place to ensure the funds are used to improve healthcare services rather than vanish under […]
The federal government through the Nigerian Civil Aviation Authority, NCAA, has initiated enforcement action against Kenya Airways over the airline’s refusal to, among others, tender an official apology, refund and compensate a Nigerian traveller, Gloria Omisore, within 48 hours. The NCAA disclosed that while the airline requested for an exten...
•Tollgate Motorists plying the 227.2km Abuja-Keffi-Akwanga-Lafia-Makurdi Federal Highway Corridor are to pay a maximum of N1,600 and a minimum of N500 according to the Minister of Works, David Umahi. The minister has also mandated the Concessionaire to implement a Cashless Tolling System, reports Daily Independent. Umahi disclosed this today d...
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