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Adopt Same FX Rate From Importation To Clearance, CBN Tells Customs

(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has asked the Nigerian Customs Service (NCS) to adopt the same forex rate from the importation of goods to its clearance in the country. The directive was contained in a circular on Friday by the apex bank’s Director of Trade and Exchange Department, Hassan Mahmud, saying […]

ASUU To ‘Fight’ FG Over Hardship

(AFRICAN EXAMINER) – As Nigerians groan over the economic hardship in the country following reforms embarked upon by the President Bola Tinubu administration, the Academic Staff Union of Universities (ASUU) has vowed to fight the Federal Government. ASUU acting Zonal Coordinator (Bauchi Branch), Prof Nanmwa Voncir, disclosed this on Friday while briefing journalists at the […]

No Going Back On Reforms Despite Challenges, Tinubu Insists

(AFRICAN EXAMINER) – President Bola Tinubu on Thursday defended his administration’s reforms, saying there is no going back.  Tinubu on his inauguration declared an end to the fuel subsidy regime and later floated the naira alongside a slew of reforms. The moves have triggered a hike in the cost of living in Nigeria as the […]

Nigeria Will Overcome Challenges With Collective Effort – Shettima

(AFRICAN EXAMINER) – Vice President Kashim Shettima on Thursday said Nigeria will overcome its economic challenges with collective efforts in developing a clear and actionable roadmap through short-term, medium, and long-term strategies. Shettima stated this during the 139th meeting of the Council held virtually which he chaired, calling for sound economic decisions that will reverberate […]

FAAC: FG, States, LG Set To Share N1.15tn

(AFRICAN EXAMINER) – Total revenue accrued to coffers of the government increased to N2.07trn in January 2024 out of which a total sum of N1.15trn was disbursed to the Federal Government, states, and Local Government Area Councils, the Federation Allocation Accounts Committee disclosed on Thursday. FAAC in a communiqué issued at the end of its […]

APC Replaces Uzodimma With Otu As Edo Gov Primary Chair

(AFRICAN EXAMINER) – The ruling All Progressives Congress has removed Governor Hope Uzodimma as Chairman of the Elections Committee after the controversy that trailed Saturday’s governorship primary in Edo State. His Cross River State counterpart, Bassey Otu, was named as his successor. This was disclosed in a statement issued on Wednesday by the APC National […]

Governors, SANs Pay Tributes As Akeredolu Body Arrives Ondo

(AFRICAN EXAMINER) – The burial activities of the late former governor of Ondo State, Mr Rotimi Akeredolu, continued on Wednesday with a special court session and lying-in-state held in Akure. Akeredolu died in Germany on December 27, 2023 following a protracted battle with prostate cancer.  His body arrived in Akure, the Ondo State capital on […]

Tinubu Appoints Bakari Head of NFIU

(AFRICAN EXAMINER) – President Bola Tinubu has approved the appointment of Ms. Hafsat Abubakar Bakari to serve as the Director/Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU), pending her confirmation by the Senate. This was contained in a statement issued on Tuesday and signed by Special Adviser to the President on Media and […]

Tinubu Appoints Nandap As New CG, Immigration Service

(AFRICAN EXAMINER) – President Bola Tinubu has approved the appointment of Deputy Comptroller General Kemi Nanna Nandap to serve as the Comptroller-General of the Nigeria Immigration Service (NIS), effective from March 1, 2024. This was contained in a statement issued on Wednesday in Abuja and signed by Special Adviser to the President on Media and […]

Primary: Four Edo APC Governorship Aspirants Reject Uzodimma

(AFRICAN EXAMINER) – Four leading Edo All Progressives Congress governorship aspirants have rejected the Governor of Imo State, Senator Hope Uzodimma, as Chairman of the Elections Committee. Pastor Osagie Ize-Iyamu, Chief Lucky Imasuen, Senator Monday Okpebholo and General Charles Airhiavbere (retd.) said they do not trust his ability to conduct a free and fair election […]

Emefiele Sues Akpabio For Defamation, Demands N1bn

(AFRICAN EXAMINER) – Embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has demanded N1bn damages from Senate President Godswill Akpabio for defamation. Emefiele’s lawyer, Matthew Burkaa, in a notice to the Senate President dated February 19, 2024, faulted a “we don’t know what to charge Emefiele with” statement credited to Akpabio […]

NARTO Demands Won’t Affect Petrol Prices – President

(AFRICAN EXAMINER) – The demands by the Nigerian Association of Road Transport Owners (NARTO) won’t affected the pump prices of Premium Motor Spirit (PMS) also known as petrol. Othman said, “I do not think it will affect the pump price of petrol. It’s not likely to affect the pump price because what we want them […]

APC Declares Edo Gov Primary Inconclusive

(AFRICAN EXAMINER) – The All Progressives Congress (APC) has declared its governorship primary election in Edo State inconclusive. The National Publicity Secretary of the Party, Felix Morka, disclosed this in a statement issued on Tuesday night to announce the party’s position on the contentious primary held last Saturday. The ruling party said a new primary […]

Black Market Fuel Hits ₦1,000/ltr As Fuel Queues Reappear

(AFRICAN EXAMINER) – Black market racketeers are currently taking advantage of the few day’s strike actions by tanker drivers, as the price of Premium Motor Spirit popularly known as petrol skyrocketed, hitting ₦1000 per litre in some parts of Lagos States. While prices have climbed to N1000 per litre at the black market, MEMAN stations […]

Bayern Munich Announce Tuchel’s Departure At End Of Season

(AFRICAN EXAMINER) – Bayern Munich said Wednesday that they would part ways with manager Thomas Tuchel at the end of the season as the reigning German champions struggle to stay in the Bundesliga title race. “We came to the mutual decision to end our collaboration in the summer,” Bayern CEO, Jan-Christian Dreesen said in a […]

Shun Protest In The Interest Of Peace, DSS Urges Labour

(AFRICAN EXAMINER) –  – The Department of State Services (DSS) has appealed to the Nigeria Labour Congress (NLC), to shelve its planned protest in the interest of peace and public order. The NLC had last Friday, declared a two-day nationwide protest over the hardship being experienced by Nigerians as well as the deteriorating security situation […]

NARTO Calls Off Strike As FG Begins Bridging Claims Payment

(AFRICAN EXAMINER) – The Nigerian Association of Road Transport Owners (NARTO) has called off its strike as the Federal Government has announced payment of their bridging claims. The Federal Government said though NARTO’s issues were purely commercial but its intervention and transportation claims payment (though figure undisclosed) became necessary to ensure fuel availability nationwide and […]

UBA Takes Centre Stage At 2024 ECOWAS Mining Forum in Cotonou As Elumelu Gives Keynote Address

(AFRICAN EXAMINER) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been announced as the official sponsor of the 4th edition of the ECOWAS Mining and Petroleum Forum (ECOMOF 2024) scheduled to take place at the Palais des Congrès in Cotonou, Benin from February 22 to February 24, 2024. The regional event is […]

FG Inherited Rising Food Prices, Interventions Ongoing — Edun

(AFRICAN EXAMINER) – The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the President Bola Tinubu government inherited the rising prices of food and general commodities from the previous administration but is doing what it can to bring down the prices of food as well as the soaring inflation rate in […]

Bill To Introduce State Police Scales Second Reading

(AFRICAN EXAMINER) – A Constitution Amendment Bill to introduce state police has scaled second reading in the House of Representatives. The bill, which was sponsored by 13 members of the House, enjoyed support from the majority of the lawmakers in the green chamber who believed that concerns of political victimisation by state governors should take […]

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