Author: Akintayo Adams

The Bola Ahmed Tinubu-led Administration has concluded plans to launch a new identity card for Nigerians, as opposed to the one being used by majority of the populace. According to the FG, the new ID termed “innovative identity solution” is a result of the partnership between the National Identity Management Commission (NIMC), Nigeria Inter-bank Settlement System (NIBSS) and the Central Bank of Nigeria (CBN) with a firm named AfriGO. It offers more than being a means of identification and it won’t be available to every individual in the country except the ‘legal citizens ‘. This was contained in a Press…

The National Hajj Commission of Nigeria, NAHCON, has said that no fewer than 50,000 Nigerian intending pilgrims out of the 95000 slots allocated will perform the 2024 hajj in the Kingdom of Saudi Arabia. This was contained in the speech of Jalal Arabi, the Executive Chairman of NAHCON, at a news conference held at Hajj House on Friday in Abuja. ”This year’s Hajj preparations is one of the most difficult and peculiar one. ”You know in the past, we had the luxury of time to prepare at our own pace; but this time around, the host which is the Kingdom…

On Monday, April 8, the Economic and Financial Crimes Commission (EFCC) will arraign the embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, before Justice Rahman Oshodi of the Special Offences Court, for alleged abuse of office. He will be paraded in court on a 26-count bordering on abuse of office, accepting gratification, accepting gifts through agents, corruption, and fraudulent property receipt alongside a certain Henry Omoile. He was also alleged of bestowing corrupt favours on his associates contrary to the Corrupt Practices Act of 2000. One of the counts stated that Emefiele allegedly committed abuse of office between…

The Minister of Power, Adebayo Adelabu says the Bola Tinubu-led Federal Government is putting in place a number of initiatives to improve the power sector of the country and ultimately improve the economy. He disclosed this at the Ministerial press briefing Series staged by the Ministry of Information and National Orientation on Friday in Abuja. He said that the Federal Government has put in place a presidential power plan to ensure that power infrastructure were upgraded and improved across the sector. ”There is also the Presidential Meter Initiative (PMI) put in place to ensure that the meter gap is addressed.…

The Naira on Friday appreciated to ₦1,245 per dollar in the parallel market, from ₦1,250 per dollar the previous day. Also, the Naira gained in the Nigerian Foreign Exchange Market (NAFEM) to ₦1,251.05 per dollar as opposed to ₦1255.07 the previous day, according to data from the FMDQ. The market intraday trading peaked at ₦1,281 per dollar and recorded an intraday low of ₦1,220 per dollar resulting in a ₦61 margin. The volume of dollars traded in the market experienced a 78.6 percent to $248.27 million from $138.99 million traded on Thursday. As a result, the margin between the parallel…

Following the approval and announcement of increase in electricity tariff for customers under the Band A classification by the Nigerian Electricity Regulatory Commission, on Wednesday, the list of areas under the Band A classification in states have found their way to the limelight. Band A are those who enjoy 20-24 hours of electricity supply daily while those in Band B are subscribers who enjoy 16 to 20 hours. Those in Band C enjoy 12 to 16 hours daily.. Band D subscribers are beneficiaries of eight to 12 hours daily and Band E subscribers only enjoy four to eight hours of electricity…

Ibadan can heave a sigh of relief as all is set for the coronation of the Olubadan-designate, Oba Owolabi Olakulehin, as the new Olubadan of Ibadanland. The Osi Balogun of Ibadanland, Oba Lateef Adebimpe, on Friday, announced this after members of the Olubadan-In-Council visited the next Olubadan at his private residence at No 1, Cassia Street, Alalubosa Government Reserved Area in the Ibadan South West Local Government Area of Oyo State. Oba Olakulehin, who made his first public appearance since the death of the late 42nd Olubadan of Ibadanland, Oba Lekan Balogun, was declared fit for the role of the…

The FCT minister, Nyesom Wike, has expressed optimism that Nigeria will come out of the current turmoil. Wike said this when the Methodist Prelate, Most Rev. Oliver Aba, visited him in Abuja on Thursday. He said: “I believe by the special grace of God, Nigeria would come out from the turmoil that we are in. “The signs are clear; we have no regret; and we have no doubt that victory shall be ours.” The minister appreciated the church for the prayers for Nigerians and for the government of President Bola Tinubu to actualise his vision and dreams in the “Renewed…

Idris Okuneye, popularly known as Bobrisky, on Friday, pleaded guilty to the charges of naira abuse at the Federal High Court in Lagos. He was arraigned on six counts which included money laundering and abuse of naira. However, EFCC’s prosecution counsel Suleiman Suleiman, prayed the court to strike out counts five and six (money laundering charges) before the charge was read to the defendant. He pleaded with the court to arraign him on counts one to four. Justice Abimbola Awogboro aligned with him and struck out counts five and six. Bobrisky had earlier told the court that he was not…

Earlier today, Idris Okuneye, popularly known as Bobrisky, arrived a Federal High Court in Lagos where he was arraigned on a six-count charge bordering on money laundering and naira mutilation. Bobrisky was arrested on Wednesday and failed to meet his bail demands, spending the night in custody. EFCC spokesperson, Dele Oyewale, confirmed that the celebrity will appear before Justice Abimbola Awogboro of the Federal High Court in Lagos. EFCC prosecutor, Rotimi Oyedepo, alongside seven other lawyers, filed the charges against Bobrisky, stating that the initial four counts relate to Naira abuse, while the remaining two counts involved alleged money laundering.…