The senate committee on banking, insurance and other financial institutions has approved of a second term for Godwin Emefiele, governor of the Central Bank of Nigeria (CBN). While screening Emefiele on Wednesday, members of the committee dismissed the allegations of stolen N500 billion at the apex bank. Rafiu Ibrahim, its chairman, saidContinue Reading

President Muhammadu Buhari has observed that the relationship between the Executive and the Legislature in the current dispensation has been less than desirable. Speaking at the breaking of fast he hosted for the leadership of the National Assembly led by Senate President Bukola Saraki at the State House Tuesday evening, PresidentContinue Reading

The Defence Headquarters (DHQ) on Tuesday dissociated the Armed Forces of Nigeria (AFN) from a document calling for the overthrow of the Muhammadu Buhari democratically-elected administration. Navy Capt. Muhammed Wabi, Deputy Director of Defence Information accused a group, “Nigerian Continuity and Progress (NCP)’’ as being behind the document. Wabi allegedContinue Reading

The U.S Mission to Nigeria has announced the indefinite suspension of the dropbox renewal process. The Mission in a statement said it is indefinitely suspending interview waivers for renewals, otherwise known as the “Dropbox” process, it also said that Visa applications will no longer be accepted by DHL in Nigeria.Continue Reading

Hundreds of commuters were stranded and, at least, four people injured on Tuesday as a commercial bus, maneuvering near a fallen fuel tanker, burnt beyond recognition, blocking the ever-busy Oke Afa-Isolo Bridge in Lagos. The Faragon bus carrying 14 passengers burnt at 6.30a.m. when it was ascending the bridge connectingContinue Reading