Nigeria’s House of Reps demands a probe into the Central Bank’s handling of Heritage Bank’s failure. Concerns surround depositor compensation and potential regulatory failings.
News
-
-
IGP Kayode Egbetokun orders a thorough investigation into the suspected murder of Andrew Ochekwo and the disappearance of two women in Aba.
-
Nigerian President Bola Tinubu has dismissed Solomon Arase as Chairman of the Police Service Commission, raising questions about the future of police reform initiatives.
-
Nigerian workers anxiously await President Tinubu’s decision on a proposed minimum wage increase. The NLC is pushing for a significant raise, while the government has offered a smaller increase. The …
-
In a desperate bid to bolster its dwindling forces, Russia is accused of coercing African students and migrants into fighting in Ukraine. Thousands face the threat of visa revocation or …
-
The Nigeria Customs Service has reduced checkpoints on the Lagos-Badagry Expressway by 50%, aiming to enhance strategic positioning and improve traffic flow.
-
The EU collected €130 million from rejected visa applications in 2023, disproportionately impacting African countries. Critics argue these non-refundable fees are “reverse remittances,” unfairly burdening low-income countries.
-
Nigerians are calling for accountability as state governors face mounting pressure over the minimum wage dispute. The demand for fair wages reflects broader discontent with governance and economic management.
-
Nigeria commits N20 billion to ensure all high-usage electricity customers are metered by September, enhancing energy distribution efficiency.
-
NCCC warns that NLC and TUC’s demand for higher wages will increase inflation and unemployment, causing economic strain on Nigerian citizens.
