Nigeria’s inflation rate has been rising for several months. Any hopes that it may cool in April vanished with the release of an NBS report on Monday. Notably, the rise from March 2023 to April 2023 was only 0.18%. Eko Hot Blog reports that Nigeria’s headline inflation rate in April 2023 rose to 22.22% relative … Read more
Eko Hot Blog reports that Senator Dino Melaye has clinched the governorship ticket of the Peoples Democratic Party (PDP) for the November 11 election in Kogi State. The party announced the result of its governorship primary election Sunday evening. Melaye defeated other aspirants in the keenly contested election to emerge the PDP candidate. The former … Read more
The LP has reduced the price of its governorship nomination form for off-cycle elections in Bayelsa, Kogi, and Imo states from N25 million to N15 million. Peter Obi, the party’s presidential candidate, had urged the reduction in price, which was previously identical to that of the APC and PDP. Obi thanked the party’s leadership for … Read more
The CBN introduced a naira redesign policy that affected the old N200, N500, and N1000 notes late last year. The policy resulted in a cash shortage that continues to affect Nigerians nationwide. The cash shortage forced some states, including Lagos, to sue the federal government and they secured a Supreme Court order that upheld the … Read more
The CBN introduced a naira redesign policy late last year. The policy resulted in a cash shortage that continues to affect Nigerians nationwide. The cash shortage forced some states to sue the federal government and they secured a Supreme Court order that upheld the validity of the old naira notes till December 31, 2023. Eko … Read more
Kaduna, Kogi, and Zamfara have filed contempt proceedings against AGF and the CBN governor, Emefiele. This is due to their purported non-compliance with a Supreme Court order. The order extended the deadline for the use of old N200, N500, and N1,000 notes. EKO HOT BLOG reports that Kaduna, Kogi, and Zamfara States have initiated a … Read more
The Supreme Court has upheld the validity of old naira notes as legal tender. The court issued the ruling on Wednesday in response to a lawyer’s complaint. The Court, however, fixed February 22 for hearing the suit filed by Kaduna, Kogi, and Zamfara states challenging the propriety of the naira swap policy of the Federal … Read more
The Supreme Court has adjourned a lawsuit against the Federal government on old Naira notes. The suit filed by Kaduna, Kogi and Zamfara states against the Government was seeking a restraining order to stop the full implementation of the naira redesign policy. The hearing was postponed on Wednesday. EKO HOT BLOG reports that the Supreme … Read more
Governors Wike, Tambuwal, and Sanwo-Olu have joined forces in a legal challenge against President Buhari and the Central Bank over the naira redesign policy. It was gathered that the Govt of Bayelsa, Rivers, and Sokoto will be joining as co-plaintiffs in a suit filed by the governments of Kaduna, Kogi, and Zamfara states. The states … Read more
The CBN had planned to phase out the old N200, N500, N1000 notes from February 10, 2023. The move came after the apex bank redesigned the concerned naira notes. Due to the difficulty in accessing the new naira notes, some states sued the federal government. Eko Hot Blog reports that the Supreme Court of Nigeria … Read more
13 political parties have threatened to boycott the 2023 general elections. The parties are considering pulling out of the elections over the cash withdrawal limit and Naira swap policies. Some of the parties said they would not be interested in the elections if the new deadline of February 10, 2023, is shifted. EKO HOT BLOG … Read more
Governors of Kaduna, Kogi, and Zamfara have dragged the FG and CBN to court over naira scarcity. The three northern states are urging the apex court to grant them an interim injunction stopping the Federal Government either by itself or acting through the CBN. No date has been fixed for the hearing of the suit. … Read more
INEC is set to deploy over 3,500 BVAS Machines for Saturday Mock accreditation in Kogi. The commission announced that the machines would subsequently be utilized for the upcoming elections. According to INEC, an unidentified number of the BVAS machines have been set aside as backups for any malfunctioning ones. EKO HOT BLOG reports that the … Read more
The DSS has nabbed the alleged mastermind of the Kogi explosion. The incident occurred on December 29, 2022. The explosion rocked near the Palace of the Ohinoyi of Ebiraland in Okene, Kogi State during the visit of President Muhammadu Buhari Eko Hot Blog reports that the Department of State Services (DSS) says it has arrested … Read more
ISWAP terrorist group has claimed responsibility for the Kogi explosion. EKO HOT BLOG reports that the Islamic State in West Africa Province (ISWAP) has claimed responsibility for the recent explosion in Kogi State. According to the Islamic State-backed faction of Boko Haram, the explosion was targeted at President Muhammadu Buhari, who was expected in the … Read more
Buhari visited Kogi to commission projects. EKO HOT BLOG reports that President Muhammadu Buhari on Thursday arrived Kogi State to commission some projects by Gov Yahaya Bello. Buhari’s visit to the North Central state is his first since he became president in 2015. EDITOR’S PICKS Rita Dominic Reacts To Allegations Of Wrecking Fidelis Anosike’s Marriage … Read more
President Buhari is set to visit Kogi on Thursday. EKO HOT BLOG reports that the Kogi State Government has declared Thursday, December 29, 2022, as a public holiday as the state would receive President Muhammadu Buhari on that day for the commissioning of projects embarked upon by Governor Yahaya Bello. This was contained in a … Read more
Sources have revealed why there was a poor turnout at Peter Obi’s rally in Kogi. EKO HOT BLOG reports that the national secretariat of the Labour Party (LP) has reportedly queried the Kogi State chapter over the poor turnout at the campaign rally of the party’s presidential and vice presidential candidates, Peter Obi and Baba … Read more
The UN has announced $10.5m new funding for Nigeria’s response. Eko Hot Blog reports that United Nations (UN) Humanitarian Coordinator for Nigeria, Matthias Schmale, has announced $10.5 million in new funding for the flood response in Nigeria. EDITOR’S PICKS Nearly 200 Countries Agree On Historic Fund To Help Poor Countries Deal With Climate Disasters PDP … Read more
A leader of the Labour Party in Kogi has defected to APC. EKO HOT BLOG reports a leader of the Labour Party (LP) in the Olamaboro council area of Kogi State, David Ameh, has defected from the party and led 2000 of his supporters to the All Progressive Congress (APC). The defectors were received by … Read more