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Nigeria Motorists Celebrate as Court Limits VIO Authority to Impound and Fine
A Federal High Court in Abuja ruled that the Vehicle Inspection Office (VIO) cannot stop, impound vehicles, or impose fines on motorists. This landmark decision protects citizens' rights, ensuring their freedom of movement and property ownership without unlawful interference, reshaping traffic... -
Nigeria President Tinubu Set for Cabinet Reshuffle Ahead of October 1 Deadline
President Bola Tinubu is set to reshuffle his cabinet, according to Bayo Onanuga, Special Adviser on Information and Strategy. While no specific date has been announced, changes may occur before October 1st. The President urges ministers to better communicate their achievements to improve public...
Kidnappers have demanded a ransom of N100 million for the release of five pupils and four staff members from Apostolic Faith Group of Schools, Emure Ekiti, abducted on Monday. The principal confirmed the demand, highlighting the ongoing challenge of kidnappings nationwide.
The abduction...
In a deeply disturbing incident that has sent shockwaves through the community, 32-year-old Justin Mohn decapitated his 68-year-old father, Michael, in their Levittown home, unleashing a horrifying sequence of events. The unsettling episode took a macabre turn as Mohn proceeded to post a...
Nigeria
Businesses on Edge as Naira Hits Record Low of N1,482.57 per $1, Fueling Economic Uncertainty
The Nigerian Naira hit a historic low against the US dollar on Tuesday, causing concern in financial circles. Official figures reveal that the Naira closed at N1,482.57 per $1, showing a significant 10% drop from the previous day.
The situation worsened in the unofficial market, where the...
Nigeria
ECOWAS Crisis: Nigeria and Region Grapple with Security Challenges Amid Mali, Niger, and Burkina Faso Withdrawals
The recent withdrawal of Mali, Niger, and Burkina Faso from the Economic Community of West African States (ECOWAS) has sent shockwaves across the region, prompting serious concerns about Nigeria's security landscape. Stakeholders, including experts and policymakers, are grappling with the...
In a recent announcement, the Central Bank of Nigeria (CBN) asserts that it has successfully settled all verified claims by airlines, disbursing an additional $64.44 million to address the forex backlog.
Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, confirmed the total...
As the dust settles on the thrilling Round of 16 clashes in the 2023 Africa Cup of Nations, seven teams have secured their spots in the quarter-finals, with Morocco and South Africa set to determine the final entrant. Notable surprises include hosts Côte d’Ivoire overcoming defending champions...
President Bola Ahmed Tinubu's camp responded to former Vice President Atiku Abubakar's criticism of the administration's handling of the country's security crisis.
The Presidency, through Mr. Bayo Onanuga, described Atiku's comments as "reckless" and accused him of seizing any opportunity to...
Nigeria
Nigeria's Lekki Deep Seaport Makes History as 'CMA CGM SCANDOLA,' the Largest Vessel, Arrives
The Lekki Deep Seaport achieves a significant milestone with the arrival of the largest container vessel, the "CMA CGM SCANDOLA." This massive ship boasts an impressive overall length of 366 meters and a width of 51.11 meters, showcasing the port's capacity for handling substantial maritime...
The International Monetary Fund (IMF) has adjusted Nigeria's 2024 economic growth forecast downward to 3.0%, marking a notable decrease from the previous projection of 3.1% made in October 2023.
This downgrade was unveiled in the IMF's World Economic Outlook update released in January 2024...
The Central Bank of Nigeria (CBN) has fulfilled its promise by disbursing $64.44 million, marking the latest step in addressing the extensive backlog of foreign exchange owed to airlines.
This disbursement brings the total verified amount paid to airlines to $136.73 million, constituting a...
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