CBN Governor Cardoso Announces New Compliance Department
In a keynote address during the 2025 macroeconomic outlook launch by the Nigerian Economic Summit Group, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced the establishment of a Compliance Department within the apex bank. The new department is set to become operational by the end of February. Cardoso highlighted that the Compliance […]
14.3 Million Nigerians Affected by Drug Abuse – NAFDAC DG
The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye, has revealed that approximately 14.3 million Nigerians are victims of drug abuse. She disclosed this during the launch of the agency’s youth initiative, “Catch Them Young,” held at Government Secondary School, Rumuokwuta, Port Harcourt, on Wednesday. Citing research, Adeyeye […]
Ekweremadu’s wife released from UK prison
Mrs. Beatrice Ekweremadu, the wife of former Deputy Senate President, Senator Ike Ekweremadu, has been released from prison in the United Kingdom. A reliable source who spoke to PUNCH Online on the condition of anonymity disclosed that Beatrice, who was sentenced to five years imprisonment, returned to Nigeria on Tuesday. Currently, Mrs. Ekweremadu is said to be […]
FG Releases ₦22bn for Retirees’ Accrued Pension Rights
The National Pension Commission (PenCom) has announced the release of an additional ₦22 billion by the Federal Government to cover accrued pension rights for retirees under the Contributory Pension Scheme. In a statement on its Instagram page Tuesday night, PenCom disclosed that the funds, disbursed through the Office of the Accountant General of the Federation, […]
NLC Demands Resignation of Power Minister Over Grid Collapse
The Nigerian Labour Congress (NLC) has urged the resignation of the Minister of Power, Adebayo Adelabu, citing frequent national power grid collapses and alleged incompetence. In a statement Tuesday night, NLC President Joe Ajaero described the electricity sector as being on the brink of collapse. He criticized the Minister’s acknowledgment that grid failures would persist, […]
FG Congratulates Donald Trump on Inauguration as U.S. President
The Federal Government of Nigeria has congratulated Donald Trump on his inauguration as the 47th President of the United States. The message, conveyed through the Ministry of Foreign Affairs spokesperson, Kimiebi Ebienfa, highlighted the long-standing and historic relationship between Nigeria and the U.S., particularly in areas such as governance, sustainable development, and the fight against […]
WHO Urges U.S. to Reconsider Withdrawal
The World Health Organisation (WHO) has expressed regret over the United States’ decision to withdraw from the global health body and has urged the U.S. to reconsider. In a statement on Tuesday, WHO emphasized its vital role in protecting global health, including that of Americans, and underscored its work in addressing diseases, strengthening health systems, […]
Donald Trump Sworn in as 47th U.S. President
Donald Trump has been inaugurated as the 47th President of the United States, beginning a new four-year term with Vice President J.D. Vance. The former president immediately enacted a series of executive orders aimed at reversing several policies implemented by his predecessor, Joe Biden. Among the most significant actions, Trump withdrew the United States from […]
NAHCON Announces 2025 Hajj Fares, Urges Timely Registration
The National Hajj Commission of Nigeria (NAHCON) has released the official fares for the 2025 Hajj pilgrimage to Saudi Arabia. According to a statement issued today, intending pilgrims from the Southern states will pay ₦8.78 million, those from the Borno and Adamawa zone will pay ₦8.33 million, while pilgrims from the Northern zone will pay […]
PenCom Mandates BVN for Pension Accounts Starting February 1
The National Pension Commission (PenCom) has announced the mandatory inclusion of Bank Verification Numbers (BVN) for all Retirement Savings Account (RSA) registrations and data recapture processes, effective February 1. In a circular issued by PenCom’s Head of Surveillance, A.M. Saleem, the commission stated that the move is designed to strengthen the security and integrity of […]
