Senate To Ban Use Of Foreign Currencies In Nigeria
The Nigerian upper chamber, the Senate, is presented with a bill to ban the use of foreign currencies for local transactions in the country.
The Nigerian upper chamber, the Senate, is presented with a bill to ban the use of foreign currencies for local transactions in the country.
The Supreme Court sitting in Abuja has imposed a N5 million fine on a former presidential candidate, Ambrose Albert Owuru, of the Hope Democratic Party (HDP) for harassing President Bola Ahmed Tinubu with a frivolous suit.
Abuja Federal High Court has granted bail to the immediate past Governor of Kogi State, Yahaya Bello, to the tune of ₦500 million, and be remanded in the Kuje Correctional Center in Abuja pending the perfection of his bail conditions.
Nigerian President Bola Tinubu scheduled to presents the 2025 budget to the joint session of the National Assembly on 17th December, 2024, at the chamber of House of Representatives. President of Senate, Godswill Akpabio, disclosed this during the plenary on Thursday.
Nigerians may witness total blackout as the wholesale gas-producing companies abruptly stopped the supply of natural gas to power generation companies for electricity production over the non-payment of debts accrued from previous supplies. The Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, disclosed that the gas-producing companies have formally notified all GenCos of the suspension of natural gas supply.
The Federal Government has approved a salary increment for members of Nigeria’s Armed Forces. The Minister of State for Defence, Bello Matawalle, disclosed this on Friday FG also approved the payment of three months’ salary arrears to boost personnel morale of towards their assigned duties.