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FGN Has Spent $8 Billion To Support The Naira – Rewane

FGN Has Spent $8 Billion To Support The Naira – Rewane

FG Has Spent $8 Billion To Support The Naira – Rewane The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This was made known by the CEO of Financial Derivatives Company, Bismarck Rewane on Friday. Speaking on Channels Television’s News at 10 on Friday, Rewane highlighted the substantial interventions made to manage exchange rate volatility and inflation concerns. He was speaking against the backdrop of the recent Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) which retained MPR at 27.50% on Thursday. According to him, the…
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Police Warn Nigerians: Spreading Falsehood ONLINE Is A Criminal Offense, Deny Witch-hunting Critics

Police Warn Nigerians: Spreading Falsehood ONLINE Is A Criminal Offense, Deny Witch-hunting Critics

Spreading Falsehoods Online Is A Criminal Offence – Police Warn Nigerians, Deny Witch-hunting Critics The Force Public Relations Officer, Olumuyiwa Adejobi, has cautioned Nigerians against spreading falsehoods, disinformation, mal-information, or distorting facts online, noting that they are criminal offense. In a video statement shared on the Nigerian Police Force’s X (formerly Twitter) account on Saturday, Adejobi emphasised the importance of fact-checking before sharing information, urging bloggers, journalists, and content creators to verify their facts before publishing. He said in part, “Spreading falsehoods, disinformation, mal-information, distortion or facts or the likes online is a criminal offence. “Whether it is online or…
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PDP Sweeps Osun Poll, Wins All 30 LGAs

PDP Sweeps Osun Poll, Wins All 30 LGAs

PDP Sweeps Osun Poll, Wins All 30 LGs The Peoples Democratic Party has won all the chairmanship and councillorship seats in all the 30 local government areas of Osun State. The Chairman of the Osun State Independent Electoral Commission, Hashim Abioye, made this known at a press conference on Saturday in Osogbo, the state capital. Abioye also said the PDP also cleared the 332 councillorship seats in the poll. The OSSIEC chairman, who said Certified True Copies of the result of the elections would be made available to whoever is interested in having them, congratulated the candidates on their victory…
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NAFDAC Uncovers Counterfeit Drugs Hidden In Plumbing Materials Shops In Onitsha Market

NAFDAC Uncovers Counterfeit Drugs Hidden In Plumbing Materials Shops In Onitsha Market

NAFDAC Uncovers Counterfeit Drugs Hidden In Plumbing Materials Shops In Onitsha Market The National Agency for Food and Drug Administration and Control (NAFDAC) says it has uncovered prohibited drugs hidden inside plumbing materials shops at the Onitsha Bridgehead Drug Market in Anambra state. The market was recently shut down by regulatory and security agencies due to alleged trading in illegal drugs. In a statement on X, the agency said its officials seized two trailer loads of unregistered narcotics, banned tramadol, and counterfeit drugs concealed within these shops. NAFDAC said traders in the market have accused the agency of targeting non-drug…
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Ikenna Ukwa Celebrates 40th Birthday With Inmates Of Medium Security Custodial Centre, Arochukwu

Ikenna Ukwa Celebrates 40th Birthday With Inmates Of Medium Security Custodial Centre, Arochukwu

IKENNA UKWA CELEBRATES 40TH BIRTHDAY WITH INMATES OF MEDIUM SECURITY CUSTODIAL CENTRE, AROCHUKWU Still on his usual way of extending love to all and sundry and in commemoration of his 40th birthday celebration today Saturday 22nd February 2025, the Senior Legislative Aide to The Senate President - Nigeria , Hon Ikenna Nicolas Ukwa stormed the Nigerian Correctional Service, Medium Security Custodial Centre, Arochukwu to celebrate with inmates with food, drinks and toiletries, targeting more than 100 inmates. Mr Nobert Okechukwu Ajike who led the team on behalf of the celebrant was received by the General Supervisor of the Facility, ACC…
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Osun LGA Poll: Police Seal OSSIEC Headquarters, Arrest Staff

Osun LGA Poll: Police Seal OSSIEC Headquarters, Arrest Staff

Osun LG Poll: Police Seal OSSIEC Headquarters, Arrest Staff The Chairman of the Osun State Independent Electoral Commission, Hashim Abioye, has claimed that operatives of the Nigeria Police Force have arrested staff of the commission who are on election duty across the state. Abioye made the claim in a statement issued via the commission’s official X page on Saturday. While commending the electorates for coming out to exercise their right, Hashim appealed to the media community for the inability of the commission to provide accreditation materials. He stated that it was the Police who had sealed off the OSSIEC head…
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Congratulations To Osahon Okunbo On His Award As New Telegraph Young Entrepreneur Of The Year 2024

Congratulations To Osahon Okunbo On His Award As New Telegraph Young Entrepreneur Of The Year 2024

CONGRATULATIONS TO OSAHON OKUNBO ON HIS AWARD AS NEW TELEGRAPH YOUNG ENTREPRENEUR OF THE YEAR 2024 Yesterday, Friday 21st February 2025, I honoured the invitation of my friend and brother, Osahon Okunbo, who received an award as the New Telegraph 'Young Entrepreneur of The Year 2024', after his nomination by the Board of Editors and Panel of Judges of Daily Telegraph Publishing Company Limited, publishers of New Telegraph newspaper. The event, which was held at Oriental Hotel in Lagos was Chaired by Chief Bode George and was attended by other distinguished awardees and personalities. Osahon, the son of late Captain…
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FGN Bows To Pressure, Set To Crash Telecom Tariff Hike

FGN Bows To Pressure, Set To Crash Telecom Tariff Hike

FG Bows To Pressure, Set To Crash Telecom Tariff Hike The Federal Government has agreed to lower the recent increase in telecommunications tariffs, reducing the hike from 50 percent to 35 percent after facing pressure from organized labour and the public. The decision was reached after a meeting between government officials and representatives of the Nigerian Labour Congress (NLC). The meeting, which took place at the office of the National Security Adviser (NSA) on Friday, was part of efforts to address the growing concerns over the high cost of telecom services. Sources indicate that an official announcement regarding the tariff…
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President Tinubu Orders Relocation Of 29 Correctional Facilities From Urban Areas

President Tinubu Orders Relocation Of 29 Correctional Facilities From Urban Areas

Tinubu orders relocation of 29 correctional facilities from urban areas President Bola Tinubu has approved the relocation of 29 correctional centres from highly populated urban areas to new locations across the country. As reported by PUNCH, the Minister of Interior, Olubunmi Tunji-Ojo, disclosed this on Friday while unveiling newly acquired operational vehicles for the Nigerian Correctional Service. Details Later
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Pirated Copies Of IBB Autobiography Hit Social Media, Whatsapp Groups

Pirated Copies Of IBB Autobiography Hit Social Media, Whatsapp Groups

Pirated Copies Of IBB Autobiography Hit Social Media, WhatsApp Groups Less than 24 hours after its launching, the pirated copies of the autobiography of former Military President, Ibrahim Badamasi Babangida (IBB), titled, ‘A Journey in Service’, on Friday surfaced on WhatsApp and other social media platforms. X, formerly known as Twitter, is awash with links for free downloads, with netizens vowing to embrace its pirated copies rather than waste their hard-earned money on the original copies of IBB’s biography. Another X account urged its followers to download the book for free, while others provided page-by-page copies. Some even dropped PDF…
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