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Akpabio Stresses Need for Enforcement of Town Planning Laws

Expresses Condolences for Students Killed in Jos Building Collapse President of the Senate, Godswill Akpabio, has urged the Plateau State government to reinforce town planning laws to prevent future tragedies like the recent building collapse in Jos that resulted in the loss of several students’ lives. Akpabio made these comments
Nigerian News

Cardoso explained the reason for raising fresh capital and why retained earnings are excluded from the terms of recapitalization.

THE Governor, Central Bank of Nigeria (CNN), Olayemi Cardoso has explained that the exclusion of retained earnings from the recapitalization terms encourages banks to focus on raising fresh capital from external sources. Speaking at the CEO Forum on the topic, ‘Revitalising Nigeria’s Economy: Strategic Monetary Policies for Economic Growth’ hosted
Nigerian News Politics

BREAKING: It’s Unconstitutional For Govs To Hold LG Funds, Supreme Court Declares

The apex court directed that Local Government allocations from the Federation Account should be paid directly to them henceforth. The Supreme Court, on Thursday, declared that it is unconstitutional for state governors to hold onto funds meant for Local Government (LG) administrations. In its lead judgement read by Justice Emmanuel
Nigerian News

Breaking: President Bola Tinubu Re-Elected as ECOWAS Chairman

Called for regional standby force to ensure the security and economic progress of the community. President Bola Tinubu has been re-elected for another one-year term as the Chairman of the ECOWAS Authority of Heads of States and Government. His re-election took place during the 65th Ordinary Session of the Authority,
Nigerian News

Nigeria Secures $5 Billion Africa Energy Bank Hosting Rights

Nigeria has successfully secured the bid to host the $5 billion Africa Energy Bank. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this while speaking to journalists after a virtual meeting of the council of ministers of the African Petroleum Producers Organisation (APPO) on Thursday. The government

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