Cashless policy: Distilling CBN’s new transaction charges

The Central Bank of Nigeria (CBN) in September, 2019, released new guidelines for the cashless policy in the country. The policy itself is not new; the objective is to discourage the preference for cash as a means of exchange of value given the huge costs associated with cash. Under the new guidelines, bank customers are […]

Governors no longer attend flashy parties abroad – Magu

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has said that the wave of corruption in Nigeria was not as reckless as in the past. Magu, in an interview with newsmen in Makurdi during his visit to the Commission’s office, also remarked that governors were now more careful in attending […]

I’m still in APC, Marafa tells Governor Mattawale

The factional leader of All Progressives Congress, APC, in Zamfara State, Senator Kabiru Garba Marafa has met with Governor Bello Matawalle of Zamfara State for the first time, saying he remained in APC. Daily Trust online reports that it was Marafa’s suit on the governorship primaries of the APC that brought in Matawalle after the […]

Nigeria’s Democracy is Maturing – Buhari

By Ifeanyi Nwoko President Muhammadu Buhari Monday in Abuja declared that ‘Nigeria democracy is maturing,’ citing the peaceful and orderly conduct of 2019 general elections and the resort to the rule of law by aggrieved candidates in settling disputes. Buhari stated this while declaring open the 25th Nigeria Economic Summit (NES) with the theme: ‘‘Nigeria […]

Rape allegations: Police arrest former speaker in Nepal

(dpa/NAN) Police in Nepal on Monday said they have arrested Krishna Mahara, former speaker of House of Representatives over rape allegations by a government worker. Mahara, resigned from his job after the woman accused him of sexually assaulting her at her apartment in Kathmandu last week. “We received a complaint of attempted rape against him […]

Group accuses US-based journalist of blackmailing Buhari’s appointees

South Eastern Alliance for Democracy and Progress (SEADP) has cautioned media practitioners to stop using their platform to deliberately spread fake news for cheap propaganda and pecuniary benefits. In a statement issued after a one- day interactive session on the role of media in the fight against insecurity, the group’s Secretary General Dr Jideofor Nzekwe, […]

Buhari: Only Nigerian-made solutions can solve our challenges

Buhari: Only Nigerian-made solutions can solve our challenges By Ifeanyi Nwoko President Muhammadu Buhari on Monday in Abuja advocated for Nigerian-made solutions to address the nation’s unique challenges. Buhari who declared open the 25th Nigerian Economic Summit (NES25), charged public and private sector leaders to look inward to solve the unique challenges confronting the nation’s […]