Eko Hot Blog reports that the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has disclosed that $2.4 billion, out of the reported $7 billion in outstanding foreign exchange liabilities of the federal government, cannot be considered valid for settlement. Cardoso made this revelation in an interview with Arise Television on Monday. He … Read more
Eko Hot Blog reports that an officer of the Economic and Financial Crimes Commission, EFCC, Kazeem Yusuf, yesterday, told a Federal Capital Territory, FCT, High Court that N4.6 billion was allegedly diverted to organise prayer for Nigeria. Yusuf spoke while testifying as the second prosecution witness (PW2) in the trial of a former Minister of … Read more
Eko Hot Blog reports that Oyo State Governor, Seyi Makinde, has strongly advocated for the establishment of state police, declaring it a necessary step to effectively address the myriad of security challenges plaguing various parts of Nigeria. He expressed these views on Tuesday during a meeting with the Conference of Speakers of State Legislators, South-West … Read more
Eko Hot Blog reports that Nigeria’s currency, the Naira, fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market on Monday. This signifies a 51.21 per cent fall from the N891.90/$ the national currency closed last Friday at the official market, according to data from the FMDQ Securities Exchange. Monday’s official … Read more
Eko Hot Blog reports that Dangote refinery is set to import crude from the United States of America in the coming months. According to Bloomberg, Trafigura Group is expected to sell 2 million barrels of WTI Midland to the Dangote refinery for end-February delivery, quoting traders with knowledge of the matter. With the development, sources … Read more
Eko Hot Blog reports that an ex-spokesperson to former Vice President Atiku Abubakar, Segun Showunmi, has visited former President Muhammadu Buhari. Showunmi visited Buhari at his residence in Daura, Katsina State, on Thursday. Speaking about the visit, Showunmi explained via his account on the X platform that he asked the former President four significant questions … Read more
Eko Hot Blog reports that Former President, Muhammadu Buhari, on Tuesday, vowed to be committed to the administration of President Bola Ahmed Tinubu. The immediate past president of Nigeria made the promise during the book launch event titled “Working with Buhari” and “Muhammadu Buhari: The Nigerian Legacy – 2015 – 2023 (Vols 1-5)”. In his … Read more
EKO HOT BLOG reports that the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said former President Muhammadu Buhari approved the Naira redesign programme. Emefiele stated this in a statement on Sunday titled, “Re; Emefiele, other stole billions, illegally kept Nigeria’s funds in foreign banks” in response to the publication of the … Read more
Eko Hot Blog reports that Former Chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, has been appointed as Pro-chancellor of the Nasarawa State University, Keffi. Jega’s appointment was confirmed in a statement on Thursday by the Secretary to the State Government (SSG), Aliyu Ubandoma, stating that Governor Abdullahi Sule, approved of the appointment. … Read more
Eko Hot Blog reports that former President Muhammadu Buhari has prayed for democracy to continue to gain strength in Nigeria, especially on the occasion of the country’s 63rd Independence Anniversary. In a statement on Saturday signed by his spokesman, Garba Shehu, the former president said for 63 years, Nigeria continues to inspire the rest of … Read more
Eko Hot Blog reports that Minister of Transportation, Senator Sa’idu Ahmed Alkali, has revealed that Muhammadu Buhari University, Daura in Katsina State will commence academic activities by October this year. Editor’s Picks International Rescue Committee Calls For Urgent Global Aid For Libya Derna Deputy Mayor: Infrastructure Not Built To Withstand Devastating Floods Hope In Disaster … Read more
By abiodun KOMOLAFE Abba Kyari, CFR, OON! Remember him? Kyari was the Chief of Staff (CoS) to former President Muhammadu Buhari. Born on September 23, 1952, he served in that prestigious position between August 2015 and April 2020. Editors Pick Bureau De Change Operators Kick As CBN Restricts Forex Trading Over 100 Terrorists Killed As … Read more
Political speeches have always been memorable in shaping a nation’s history. Several speeches have left an indelible mark on its trajectory in Nigeria, a country known for its rich political landscape and diverse cultures. From calls for independence to rallying cries for change, these speeches have resonated with the masses, inspiring movements and influencing the … Read more
When erstwhile President Muhammadu Buhari assumed office on May 29, 2015, one of the things he first did was go after members of the Goodluck Jonathan administration, with the National Security Adviser (NSA), Sambo Dasuki, feeling the heat of Buhari’s venom. The initial arrest of Dasuki was met with accolades for Buhari, especially on the … Read more
EKO HOT BLOG reports that the newly elected Speaker of the House of Representatives, Tajudeen Abbas, on Monday, visited the former President of Nigeria, Muhammadu Buhari in London. Recall that Abbas was elected by members of the 10th House of Representatives on Tuesday, June 13 as Speaker. EDITOR’S PICKS Shehu Sani Slams Wike’s Appointment Obsession, … Read more
EkoHotBlog reports that Garba Shehu, spokesman of former President Muhammadu Buhari has said the All Progressives Congress (APC) would have lost the presidency if the former president had removed fuel subsidy. Recall President Bola Tinubu who took over from the immediate past president, Muhammadu Buhari removed fuel subsidy as soon as he assumed power on … Read more
EkoHotBlog reports that former Presidential aide, Reno Omokri, has reacted to the sacking of all service chiefs and the inspector-general of police by President Bola Tinubu describing it as a ‘hurricane strikes again‘. Reno added that within three weeks of becoming the president, Tinubu has dumped the eight years of ex-president Muhammadu Buhari in the … Read more
EkoHotBlog reports that the Economic and Financial Crimes Commission (EFCC) has reportedly extended invitations to eight former ministers who served under the previous administration of President Muhammadu Buhari. This online news platform reports that these former ministers have been called in for questioning regarding allegations of corruption. EDITOR’S PICKS Major Nigeria Newspaper Headlines Friday, June 16th, … Read more
President Bola Tinubu has signed the Nigeria Data Protection Bill, 2023 into law, Establishing a legal framework for personal information protection in Nigeria. The bill was sent to the Senate and House of Representatives for consideration by former President Muhammadu Buhari. EKO HOT BLOG reports that President Bola Tinubu has signed the Nigeria Data Protection … Read more
Civil Society Organization, Accountability Lab, has called on Tinubu to surpass his predecessor, in addressing corruption in Nigeria. They urged him to prioritize transparency, citizens’ engagement, and accountability. The organization emphasized that President Buhari’s anti-corruption efforts suffered setbacks, leading to a loss of credibility. EKO HOT BLOG reports that a Civil Society Organization, … Read more