The Management of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) has announced its ambitious revenue target of over N5 billion for the year 2024. During a two-day workshop in Abuja, the Acting Registrar/Chief Executive Officer of CRFFN, Mrs Chinyere Uromta, outlined the council’s revenue generation plan for the coming year. The…
Barely two days into his tenure as the new governor of Ondo State, Lucky Aiyedatiwa is already facing potential challenges in choosing his deputy as he gears up to lead the state. Reports suggest that Aiyedatiwa, who assumed office following the demise of his predecessor, Rotimi Akeredolu, is under pressure to make a decision on…
The Naira has been identified as one of the worst-performing currencies globally in 2023, as reported by Bloomberg in its recent publication. The currency is projected to record its most challenging year since Nigeria’s return to democracy in 1999, with analysts anticipating further depreciation in 2024. According to Bloomberg’s findings, the Naira experienced a significant…
Blessing Agbomhere, a zonal executive member of the All Progressives Congress (APC) in the south-south region, has officially declared his candidacy for the upcoming Edo governorship election in 2024. Speaking to supporters in Fugar, Ward 1, Etsako Central Local Government Area of the state, Agbomhere outlined his vision to address Edo’s pressing issues of widespread…
Senator Jimoh Ibrahim, representing Ondo South Senatorial District, paid a visit to Arabinrin Betty Anyanwu-Akeredolu, the late Governor Oluwarotimi Akeredolu’s wife, at their residence in Ibadan on Friday to offer his condolences. Accompanied by his wife and son, Senator Ibrahim expressed his sympathy to the bereaved family and conveyed his belief in the late governor’s…
Dr Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC), has announced the party’s plan to establish a National Institute of Progressive Studies as part of its initiatives for 2024. He made this known while speaking to State House Correspondents following a visit of the APC National Working Committee (NWC) to President Bola…
Ekiti State Governor, Biodun Oyebanji, has announced three days of mourning following the passing of Arakunrin Rotimi Akeredolu, the late Governor of Ondo State, who died on Wednesday. Akeredolu was serving as the Chairman of the Southern Governors Forum and the South West Governors Forum at the time of his death. In a statement released…
The Peoples Democratic Party (PDP) in Benue State has expressed concern over what it perceives as a decline into anarchy under the leadership of Governor Hyacinth Alia. In a statement issued by the party’s spokesperson, Bemgba Iortyom, the PDP condemned the indefinite suspension of Terdoo Kenti, the Chairman of the All Progressives Congress (APC) in…
The increasing cost of living has driven Nigerians to borrow approximately N740 billion from banks between January and September this year. An analysis of the Central Bank of Nigeria’s (CBN) quarterly economic reports reveals that consumer credit surged from N2.31 trillion in the fourth quarter of 2022 to N3.05 trillion by the end of the…
The National Pension Commission (PenCom) has released data showing that Nigeria’s pension fund assets surged to N17.658 trillion as of October 31, 2023. This represents a significant increase of about 1.78% compared to the N17.349 trillion reported in September 2023. The details of this growth were outlined in PenCom’s monthly report for October 2023. The…