The House of Representatives on Wednesday, March 20, passed into law an act to prescribe the salaries, allowances, and fringe benefits of judicial office holders in the country which provides a total monthly package of 5,385,047.26 for the Chief Justice of Nigeria. The executive bill was submitted to the...
Archive for date: March 20th, 2024
Senate passes student loan act 2024
The Senate has passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024. The passage followed the consideration of a report of the Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFUND), presented by the Chairman representing Katsina South, Sen. Mohammed Muntari. Recall that...
Yahoo boy all smiles as he bags just four years in prison over $30 internet fr@ud
A Federal High Court in Maiduguri, Borno State, has sentenced two internet fr@udsters, otherwise known as yahoo boys, to four years in prison. The Economic and Financial Crimes Commission in a statement on Wednesday, March 20, said the conviction was secured by the Maiduguri Zonal Command of the anti-graft...
Just In: CBN clears all FX backlog as external reserves rise to $34.11bn
The Central Bank of Nigeria (CBN) says it has successfully settled all outstanding foreign exchange (FX) backlog inherited by its current governor, Yemi Cardoso. CBN’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, disclosed this in a statement on Wednesday evening, March 20, 2024. She said the CBN...
Operatives of the EFCC has arrested one Kayode Cole for issuing a d£@th thr£@t against its Executive Chairman, Ola Olukoyede.
Cole was arrested on March 18 th at the Lugbe axis of the FCT, Abuja. According to EFCC, the suspect made the d£@th thr£@t through his Instagram page handle: “1billionsecretss”, while commenting on a story posted by a popular Instagram blogger, Instablog9ja on February 1, 2024. Instablog9ja had posted...
Nigerians, other foreign students likely using university courses as cheap means to obtain visas — U.K. authorities
International students may be undermining the integrity and quality of the UK higher education system by using university courses as cost-effective means of getting work visas, the United Kingdom Home Secretary, James Cleverly, has said. In a recent letter to the Migration Advisory Committee (MAC), Cleverly demanded a review...
Veteran Nollywood producer, Andy Best, passes on
Nollywood producer, Ikechukwu Nnadi, popularly known as Andy Best, is d£@d. He was confirmed d£@d at a private clinic in Owerri, the Imo State capital, on Tuesday, March 19, 2024. Nnadi was said to be battling with a prolonged ailment before his eventual demise.
Pres. Tinubu seeks extension of implementation of 2023 capital budget to June 30
President Bola Ahmed Tinubu has asked the House of Representatives to extend the period for the implementation of the capital component of the 2023 appropriation bill from March 31, 2024, to June 30, 2024. In a letter read on the floor of the House by the Speaker, Abbas Tajudeen,...
Abia Assembly passes bill to stop pension for ex-governors, deputies
The Abia State House of Assembly on Tuesday passed a bill to stop payment of pensions to former governors and their deputies in the state. The bill entitled: “A Bill (H.A.B 11:) for a Law to Revoke The Abia State Governors and Deputy Governors Pensions Law No 4 of...
Minister of FCT, Nyesom Wike, seeks to borrow just N500 billion to finance capital projects
The Minister of FCT, Nyesom Wike, has asked the House of Representatives to approve a N500 billion loan to finance the N1.147 trillion 2024 budget of the territory. Wike made the request when he appeared before the House Committee on FCT to defend his budget on Monday, March 18....
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