Author: Akintayo Adams

Sequel to Governor Uba Sani’s claim on inheriting humongous debts from the past administration, the Kaduna State House of Assembly on Tuesday kickstarted the probing of foreign and domestic loans and grants which it described as “controversial” secured by the government of Mallam Nasir El-Rufai. At the plenary presided by the Speaker, Yusuf Liman Dahiru, a Committee tasked with embarking “on fact-finding of financial dealings, loans and grants and other projects implementation from 2015-2023” was setup: The investigative panel was tasked with inviting El-Rufai and other prominent figures, such as the former Speaker of the 8th and 9th Assembly. Additionally,…

On Tuesday, the Israeli military cautioned that Iran will not escape consequences after a string of missiles were launched over the weekend. Iran retaliated for an attack on its consulate in Syria on April 1 by launching over 300 missiles and drones at Israel, resulting in the deaths of some generals. However, the majority of the projectiles aimed at Israel were intercepted by the Israeli defense system, with assistance from the United States and other nations. Speaking, Israel’s Army spokesperson, Rear Admiral Daniel Hagari said “Iran will not get (off) scot-free with this aggression.” The defence chief spoke while addressing…

Yoruba Nation agitators that were apprehended in Ibadan, Oyo state capital have remained resolute, displaying no remorse for their intrusion into the secretariat. While paraded by the police on Monday, they reiterated that their actions were lawful and followed due process. Among them was a certain Ademola Adeniyi, a 29-year-old phone repairer, who voiced dissatisfaction with Nigeria’s current situation, emphasizing the difficulties encountered by everyday citizens. He said: “I’m part of the agitation and I can’t deny it. Yoruba as an indigenous nation is a nation on its own. We have so many nations in Nigeria, and Yoruba is one…

The National Identity Management Commission (NIMC) through its head of corporate communications at NIMC, Kayode Adegoke says it is targeting the registration of 95 million National Identification Numbers (NIN) in the next two years. He made the disclosure over the weekend via a space on X/Twitter where he enlightened Nigerians on the NIMC Self-Service Modification platform. He further explained that over 105 million NINs have now been issued. “As of today, over 105 million NIN have been issued to Nigerians and legal residents. We want to assure Nigerians that within the next one or two years, we will reach our…

Kristalina Georgieva has been appointed as managing director of the International Monetary Fund for a second five-year term. The term is starting on October 1, 2024. Her reappointment was announced in a release in which she was lauded for her role in leading the IMF to respond to several global shocks. “Ms Georgieva led the IMF’s unprecedented response to global shocks, including the approval of more than $360 billion in new financing since the start of the pandemic for 97 countries, debt service relief to the Fund’s poorest, most vulnerable members, and a historic Special Drawing Rights (SDR) allocation equivalent…

The Nigeria Interbank Settlement System, in its latest release revealed that cashless transactions in Nigeria soared to N237 trillion in the first quarter of 2024. According to data, the new figure represents an 88 per cent increase from the N126 trillion reported within the same period in 2023. The analysis by BusinessDay found that electronic payment channels were utilized 3.09 billion times in the initial quarter, marking a 6.2 percent rise from the 2.91 billion times they were utilized during the same period in 2023. According to NIBSS, the total value of instant payments in the initial three months amounted…

The Leverkusen city council is reviewing the criteria for formally dedicating a street, square, or road in honor of Bayer Leverkusen coach Xabi Alonso. Alonso guided Leverkusen to their first-ever Bundesliga title, with the team clinching the championship following a remarkable 5-0 victory over Werder Bremen on Sunday. Before the match, fans adorned street signs with “Xabi-Alonso-Allee” (Xabi Alonso Avenue) stickers, prompting the city to explore avenues to formalize this tribute. Additionally, a statement on Monday revealed plans to grant honorary citizenship of the city to Alonso, sporting director Simon Rolfes, and CEO Fernando Carro. Join our WhatsApp community via https://goquick.ly/cj8q2 for…

The Oyo State police are actively searching for Mrs. Dupe Onitiri-Abiola, who is suspected of funding the incursion of Yoruba Nation agitators into the Oyo State Government Secretariat. Mrs. Onitiri-Abiola, who was one of the wives of the late Chief Moshood Kashimawo Abiola, had claimed responsibility for the invasion in a viral video. The agitators, wielding guns, machetes and clad in military camouflage, on Saturday, attempted to breach security at the state House of Assembly and the governor’s office located within the state secretariat at Agodi, Ibadan. Police Commissioner Adebola Hamzat characterized the invasion as both treasonable felony and terrorism,…

President Bola Ahmed Tinubu has been reminded by Fulani Leaders of the reason he was voted in. They spoke at the quarterly’s Fulbe United for Peace and Development National and Zonal Leadership Consultative Meeting in Abuja on Monday where they took the opportunity to urge the President to fulfill il promises made to Fulanis across Nigeria. The president of the association, Ardo Aliyu Liman Bobboyi, said President Tinubu was conferred with the title of Barkindo of Nigerian Ardo during the campaign which was a way of sealing the ‘Fulaaku covenant’ with him. In his speech, the South West coordinator of…

The Naira, on Monday, appreciated at the official market, ending the day at ₦1,136.04 to the dollar. Data from the official trading platform of the FMDQ Exchange showed that the Naira gained ₦6.34. This represents a 0.55 per cent gain when compared to the previous trading date on Friday, April 12, when it exchanged at ₦1,142.38 to a dollar. The daily turnover, however, reduced to $251.60m from the $281.3m recorded at the close of trade on Friday. The Naira was also recorded to have traded between ₦1227 and ₦1000 at the Investor’s and Exporter’s (I&E) window. Join our WhatsApp community via https://goquick.ly/cj8q2 for…