How Nigeria’s New FX Disclosure Scheme Aims to Transform Foreign Exchange Management The Nigeria FX disclosure scheme marks a significant step in Nigeria’s efforts to stabilize and bring transparency to its foreign exchange market. This scheme, introduced in response to longstanding challenges, aims to provide clear guidelines and promote compliance within the forex sector. As…
In a significant development, two prominent NNPP representatives have broken away from Kano’s Kwankwasiyya movement, intensifying the party’s internal strife ahead of the 2027 elections The political landscape in Kano State faces renewed tensions as the New Nigeria People’s Party (NNPP) experiences deeper rifts. In a bold move, two influential NNPP representatives, Aliyu Sani Madaki…
Siminalayi Fubara recounts unexpected betrayal amid efforts to stabilize Rivers State In a recent address during a non-denominational thanksgiving event in Port Harcourt, Rivers State Governor Siminalayi Fubara disclosed that he was “ambushed” in a peace deal meant to resolve the political turmoil in Rivers. Governor Fubara, reflecting on the crisis and subsequent peace accord,…
Non-teaching university staff escalate action over withheld salaries and unaddressed grievances, leading to campus closures across Nigeria The university staff indefinite strike has prompted a shutdown of university operations across Nigeria, as members of the Non-Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) begin their…
The Code of Conduct for Judicial Officers in Nigeria mandates that judges maintain impartiality, explicitly advising against close associations with frequent litigants like government officials. This rule, intended to uphold judicial integrity, appears to be challenged by the cozy ties seen in Nigeria’s judicial system today. Sylvanus Nsofor’s Influence on Wike’s Political Rise In 1999,…
Senator Ndume presses for cabinet changes and proposes an economic summit to address Nigeria’s economic challenges Senator Mohammed Ali Ndume, representing Borno South, has advised President Bola Tinubu to take further action in his recent cabinet reshuffling by dismissing more ministers who are not meeting performance expectations. Ndume believes that this step will accelerate the…
Local vigilante groups provide security during Kano’s local government elections following police non-participation under court order In the ongoing Kano local government elections, local vigilante groups have stepped up to ensure security after Nigerian police officers abstained from the process. This unusual measure came as police complied with a recent court ruling, which directed them…
Governors across Nigeria announce new minimum wages exceeding N70,000, aiming to improve worker welfare amid rising costs of living As part of a commitment to enhance civil servant welfare, 11 Nigerian governors have pledged to pay minimum wages above N70,000, marking a significant shift toward higher earnings for state workers. The move is seen as…
Controversy Surrounds Federal Allocations to Rivers LGAs as Court Withholds Judgment In an ongoing legal battle over financial allocations, the Federal High Court in Abuja reserved its decision on a high-profile case regarding the Rivers LGA allocation dispute. The case, spearheaded by a faction of the Rivers State House of Assembly, seeks to halt federal…
Rivers State’s objections dismissed as Abuja court proceeds with case seeking to halt Governor Fubara’s expenditures In a recent ruling, a Federal High Court in Abuja dismissed the Rivers State government’s objections to a suit challenging Governor Siminalayi Fubara’s financial decision-making. This case, filed by the Rivers House of Assembly and key figures like Martin…
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