Author: Kwara Reporters

The Central Bank of Nigeria has directed Deposit Money Banks to remove the rate cap on the naira at the official Investors and Exporters’ Window of the foreign exchange market, to allow for a free float of the national currency against the dollar and other global currencies.This came barely two weeks after President Bola Tinubu promised to unify the nation’s multiple exchange rates, and less than a week before the suspension and detention of CBN Governor Godwin Emefiele whose unorthodox monetary policies had become a stumbling block to investors and the economy.The CBN’s decision to float the currency was hailed…

A Senate committee comprising the former Governor of Ebonyi, David Umahi, Kwara Central Senator, Saliu Mustapha has been inaugurated to manage the welfare of the senators inaugurated.The 15-man committee was constituted at the Senate plenary which was presided over by the President of the Senate, Godswill Akpabio, on Wednesday.Some of the committee’s assignment is to allocate offices and seats to the new senators.The committee is chaired by Isah Jibrin (Kogi East), while the vice chairman is Darlington Nwokocha.Other members are Ekpenyong Asuquo; Dandutse Mohammed; Francis Fadahunsi; Shuaibu Salisu; Aminu Abass; Ibrahim Dankwambo; Ireti Kingibe; Idiat Adebule; Ipalibo Banigo; Barinnada Degi-Ereminyo,…

Suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, is currently in custody of the Department of State Services (DSS).It was learnt that Bawa arrived the headquarters of DSS at about 9:02pm.A source said he’s currently being grilled by the operatives of the secret police.Spokesman of the DSS, Peter Afunanya confirmed Bawa’s presence in a statement.“The Department of State Services (DSS) has invited Mr. Abdulrasheed Bawa, the suspended Chairman of Economic and Financial Crimes Commission (EFCC).“Bawa arrived a few hours ago. The invitation relates to some investigative activities concerning him”, Afunanya said in terse statement. Do you…

President Bola Tinubu, on Monday, signed the Data Protection Bill into law.This was contained in a statement signed by the Head, Legal Enforcement and Regulations, Nigeria Data Protection Bureau, Babatunde Bamigboye.The NDPB National Commissioner, Dr Vincent Olatunji, expressed optimism on the prospects of Nigeria’s Digital Economy following the emerging regulatory dispensation.He applauded the president for renewing the hope of over 200 million Nigerians in the advancement of privacy rights and other fundamental freedoms both in cyberspace and in analogue transactions,The statement read in part, “Nigeria has taken a giant leap forward in the global data race with the assent to…

President Bola Tinubu has approved the indefinite suspension from office of the Chairman of the Economic and Financial Crimes Commission (EFCC), AbdulRasheed Bawa, to allow for proper investigation into his conduct while in office.According to a statement by the Director of Information at the Office to the Secretary to the Government of the Federation, Willie Bassey, the action follows “weighty” allegations of abuse of office levelled against him.“Mr Bawa has been directed to immediately handover the affairs of his office to the Director, Operations in the Commission, who will oversee the affairs of the Office of the Chairman of the…

President Bola Tinubu has expressed sadness over the boat mishap, which occurred in Kwara State, claiming many lives.The president’s commiseration was contained in a statement on Wednesday by his Director of Information, Abiodun Oladunjoye.The boat accident according to reports, led to the death of over 100 people who were wedding guests at Egbu village in Patigi Local Government Area of the state.“I am deeply saddened by the news of the tragic boat accident that claimed the lives of our people in Kwara State. That the victims were guests at a wedding ceremony made the unfortunate accident more painful.“My heartfelt sympathy…

President Bola Tinubu on Tuesday met with former President Goodluck Jonathan, his first official visit from one of his predecessors.Jonathan, who doubles as Head of the ECOWAS Mediation Team to Mali, noted that the visit was to discuss issues pertaining to Africa and the West Africa subregion.“I came to brief the president about some continental and subcontinental bodies,” he told journalists on his exit from the State House in Abuja.“I am the ECOWAS mediator for Mali and I’m the chair of the West African Elders Forum. So, there are certain issues bordering on the continent and the subregion that I…

Controversial Nigerian artiste, Habeeb Okikiola, popularly known as Portable, has claimed he is ‘a responsible man’ contrary to what many think of him. In a video shared on his social media pages, the Zazu crooner alluded to taking care of twenty women compared to some men who can barely take care of one.The ‘Zazu’ crooner advised young men to make money first before flirting or settling for a relationship or marriage, stressing that women only love rich men.The father of five said, “Some men can’t take care of a woman, talk less of 20 women. (sic)“I’m a responsible man. Fear who…

The raging controversy over the “unveiling” of the supposed national carrier, Nigeria Air plane, at the twilight of former President Muhammadu Buhari’s administration should not be swept under the carpet, civil society organisations say.The unveiling of Nigeria Air was carried out by Hadi Sirika, former Minister of Aviation, on May 26, 2023, at Nnamdi Azikiwe International Airport, Abuja.The Ex-Minister expressed delight, insisting that the Federal Government had matched its words with action regarding the project.Before the unveiling, the erstwhile Minister had repeatedly assured Nigerians that the project would kick off, at some point revealing the plan for aircraft which would…

The Kano State Governor, Engr. Abba Kabir Yusuf, in the early hours of Wednesday, (today), sustained his demolition exercise tempo in the state by collapsing the multi-million naira roundabout located close to the Government House entrance.The governor was said to have personally supervised the demolition of the roundabout, which is only a few meters away from the entrance to the Government House.It was gathered that the demolition exercise was carried out under tight security supervision.The historic multi-million naira roundabout was remodelled and renovated by the immediate past administration of Governor Abdullahi Ganduje at the cost of N160 million in 2017.Recall…