![[VIDEO] Edo LP in Turmoil as Internal Disputes Intensify](https://nigeriannews.com.ng/wp-content/uploads/2024/05/WhatsApp-Image-2024-05-11-at-10.06.00-AM.jpeg)
[VIDEO] Edo LP in Turmoil as Internal Disputes Intensify
The Labour Party (LP) in Edo State is facing a deepening crisis, casting uncertainty over its position in the upcoming gubernatorial election scheduled for September 21. Allegations have emerged suggesting close collaboration between the LP leadership and the ruling All Progressives Congress (APC)
EFCC Clamp down on Dollar Transactions, Mandates Use of Naira for Foreign Missions
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to foreign missions operating in Nigeria, instructing them to cease dollar transactions and conduct financial activities exclusively in Naira. Expressing concern over the dollarization of the Nigerian economy and the devaluation
Prince Harry Flies to Nigeria for Invictus Games Promotion After Reported Snub from King Charles
After reportedly being snubbed by his father, King Charles, Prince Harry has flown to Nigeria alongside his wife Meghan to continue promoting the Invictus Games. Prince Harry had been in the UK this week to advocate for the Invictus Games before departing for
Governor Fubara Orders Relocation of Rivers State House of Assembly to Government House
Governor Siminalayi Fubara has issued an executive order mandating the immediate relocation of the Rivers State House of Assembly to the Government House in Port Harcourt. The directive, contained in the official Gazette, Executive Order of the Rivers State Government 001-2023, stipulates that
Sex-for-Grades Scandals Rock Nigerian Universities: Students Fight Back with Mobile Phones
On April 22nd, the perennial issue of “sex-for-grades” resurfaced as yet another case came to light, sparking outrage and renewed calls for accountability in Nigeria’s higher education sector. A video posted on the platform X (formerly Twitter) depicted a disturbing scene: a young
NESG Warns Against Cybersecurity Levy Impact on Financial Inclusion
The Nigerian Economic Summit Group (NESG) has raised concerns over the Federal Government’s proposed 0.5 percent cybersecurity levy, stating it could undermine efforts to achieve 95 percent financial inclusion by 2025. In a recent report, the NESG criticized the timing of the levy,
FCT-IRS Enforces Closure of School, Hotel, and Businesses Over Unpaid Taxes
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has taken decisive action against tax evasion by sealing off several establishments, including a hotel, a school, and three business premises in Abuja. Led by Mr. Festus Tsavsar, Acting Director of Legal Services at FCT-IRS,
Airtel Africa Reports $1.7 Billion Losses Amid FX Crisis in Nigeria, Malawi
Airtel Africa, a leading telecommunications provider on the continent, has reported significant financial losses totaling $1.7 billion attributed to the foreign exchange crisis in Nigeria and Malawi. The company revealed the extent of its losses in a recent financial statement, highlighting the adverse
Ebenezer Olufowose Resumes as Chairman First Bank as Tunde Hassan-Odukale Concludes Tenure
Following the completion of his tenure, Mr. Tunde Hassan-Odukale, the former chairman of First Bank of Nigeria Limited, has passed the baton to Mr. Ebenezer Olufowose, marking a significant transition in the leadership of the esteemed institution. The announcement was made by FBN