Benin’s former president Mathieu Kerekou dies at 82

The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent. The aim of the review is to align with the current monetary tightening. The apex bank disclosed this in a circular on Wednesday titled ‘Re: Regulatory Measures to Improve Lending to the…

The Economic and Financial Crimes Commission, (EFCC) will on Thursday, April 18, 2024 arraign a former governor of Kogi State, Yahaya Adoza Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu on 19- count charges bordering…

The ruling All Progressives Congress (APC) has dragged Justice Usman Na'Abba of the Kano High Court for allegedly breaching the extant provision of the law while granting an Ex-parte motion suspending its national chairman, Dr. Abdullahi Umar Ganduje from the party. In a petition to the Chief Justice of Nigeria, Olukayode Ariwoola, and the NJC,…

The Northern Elders Forum (NEF) has distanced itself from the widely reported news that the Northern region regrets voting for President Bola Tinubu. NEF in a statement by its Deputy Director General II, Salisu Mohammed, said the forum is not engaged in the politics of the 2027 election or decided on whom to support or…

The Minister of Works, Engineer David Umahi, has been assured of the full backing of the Nigerian military in realising the lofty road infrastructure objectives of the Renewed Hope agenda of President Bola Tinubu. Giving the assurance, the Nigerian Chief of Defence Staff (CDS), General Christopher Musa, while on a courtesy call to the Works…

The stage is now set for the election or appointment of a new National Chairman for the People's Democratic Party (PDP) following a significant move by former chairman Iyorchia Ayu. On Wednesday, Ayu demonstrated his unwavering dedication to the party by withdrawing all pending appeals at the Court of Appeal, where he had been contesting…

A Kogi State High Court sitting in Lokoja on Wednesday restrained the Economic and Financial Crimes Commission (EFCC) from arresting, detaining, and prosecuting former governor Yahaya Bello. EFCC officials on Wednesday laid siege to Bello's residence located at Wuse Zone 4 of the Federal Capital Territory (FCT), Abuja. READ ALSO: EFCC operatives storm Yahaya Bello’s…

The United States Embassy and former vice president, Yemi Osinbajo have wished Tunde Onakoya well in his attempt to break the Guinness Book of World Records. Onakoya set up a program "About Play Chess With Tunde Onakoya" to support the dreams of millions of children globally. To achieve this, Onakoya will play chess for 58…

Kogi State governor Usman Ododo has reportedly moved his predecessor Yahaya Bello out of his Abuja residence. Operatives of the Economic and Financial Crimes Commission (EFCC) besieged Bello's Abuja residence earlier on Wednesday. The EFCC operatives had earlier restricted movement in and around Bello’s house situated on Benghazi Street, Wuse Zone 4. In a video…

The Independent Media and Policy Initiative (IMPI) has said former Vice President Atiku Abubakar sparked controversy over the Lagos-Calabar coastal highway project to discredit it. The group’s chairman, Chief Niyi Akinsiju Cifian, disclosed this in a statement on Wednesday. Atiku Abubakar faulted the statement by Works Minister, Dave Umahi, that the 700km Lagos-Calabar Coastal Highway…