Established by Law for Efficient Pilgrimage Operations Airlifted 310 Pilgrims for 2023 Pilgrimage to Jordan and Israel Organized First-Ever Tri-Continental Special Pilgrimage Group Eko Hot Blog reports that the Lagos State House of Assembly established the Lagos State Christian Pilgrims Welfare Board by law in 2013 as a core pilgrimage welfare agency. The Board aims … Read more
EFCC targets BDC operators in major Nigerian cities. Raids have disrupted trading and contributed to the naira’s high exchange rate. The Association of Bureau De Change Operators confirmed the raids affected both street traders and some registered operators. EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has intensified its crackdown on Bureau … Read more
Former Governor Speaks Out on Judicial Independence Criticizes Executive Interference and Corruption Calls for Strong, Impartial Legal System Eko Hot Blog reports that in a scathing critique, Peter Obi, the Labour Party’s presidential candidate in Nigeria’s 2023 elections, condemned the country’s judicial system as compromised by the executive branch and the highest bidder. Editor’s Pick … Read more
Hundreds of Christians in Kaduna protest Leah Sharibu’s continued captivity by Boko Haram since 2018 Protesters demand release of Leah and other abducted schoolchildren in northern Nigeria Christian leaders urge government action to ensure citizen safety, highlighting broader insecurity issue EKO HOT BLOG reports that hundreds of Christians gathered in Kaduna State on Tuesday to protest … Read more
CBN Officials To Be Barred From Partisan Politics As National Assembly Proposes Amendment Spearheaded by former lawmaker Darlington Nwokocha, amendment seeks to bar CBN officials from political activities for three years post-service Response to concerns after former CBN governor Godwin Emefiele’s involvement in 2023 presidential election sparks tension, coincides with controversies over redesigned naira. EKO … Read more
NLC, TUC Block Headquarters In Plateau Over Electricity Tariff Hike. They demand withdrawal of recent electricity tariff hike. Letter accuses NERC of collusion with electricity companies. EKO HOT BLOG reports that members of the Nigerian Labour Congress in Plateau State, along with the Trade Union Congress, on Monday staged a blockade at the headquarters of Jos … Read more
Obasanjo declares departure from PDP during Osun state event. Commends Governor Adeleke for party unity efforts. Stresses importance of unity for party, state, and country. EKO HOT BLOG reports that Former Nigerian President, Chief Olusegun Obasanjo, reiterated his disengagement from partisan politics, emphasizing that he is no longer affiliated with the Peoples Democratic Party (PDP). … Read more
Minister Bagudu defends President Tinubu’s policies, saying they are essential for Nigeria’s progress. He praises Tinubu for bold decisions like fuel subsidy removal and forex market deregulation. Bagudu emphasizes the necessity of tough measures for Nigeria’s growth and investor confidence. EKO HOT BLOG reports that The Minister of Budget and Economic Planning, Atiku Bagudu, supports President … Read more
The Tinubu-led administration has initiated the establishment of the Nigerian Academy for Cultural Studies. NACUS has received approval and accreditation from NBTE and NSUK. This development underscores Nigeria’s recognition of cultural importance. EKO HOT BLOG reports that the Tinubu-led administration has initiated the establishment of the Nigerian Academy for Cultural Studies (NACUS) as a specialized institution … Read more
Federal Government seeks World Bank loan approval for $2.25bn Funding Funds earmarked for two major development projects. Loans aimed at enhancing economic stability, resource mobilization, and fiscal reforms in Nigeria. EKO HOT BLOG reports that the Federal Government is gearing up to secure new loan funding from the World Bank, with approval anticipated for loans … Read more
Recent Bloomberg report identifies Nigeria’s naira as worst-performing currency Naira hits record low against dollar, attributed to severe shortage of US dollars in local market. Volatility in currency expected to intensify pressure on CBN for rate hike. EKO HOT BLOG reports that a recent Bloomberg report highlights Nigeria’s currency, the naira, as the world’s worst-performing currency … Read more
Tinubu Honors Awujale Oba Sikiru Adetona With GCON. Recognizes Awujale’s contributions to national development. Oba Sikiru Adetona School of Governance to be managed by National Institute of Policy and Strategic Studies. EKO HOT BLOG reports that President Bola Tinubu bestowed the second-highest national honour, the Grand Commander of the Order of Nigeria (GCON), upon the Awujale … Read more
FG to launch freight services on Lagos-Kano rail line. Key segments completed by China Civil Engineering Construction Corporation. Minister inspects progress, plans project segmentation. EKO HOT BLOG reports that the Federal Government is poised to introduce freight services on the Lagos-Kano narrow gauge rail line, with the goal of bolstering commercial activities and alleviating pressure on … Read more
Tinubu reiterates commitment to achieving food self-sufficiency in Nigeria. He pledges federal-state cooperation for development during a road groundbreaking ceremony in Niger State. Governor Umaru Bago highlights the economic importance of the Bida-Minna Road construction. EKO HOT BLOG reports that President Bola Tinubu on Thursday, reiterated his commitment to achieving food self-sufficiency in Nigeria before the … Read more
Senate Votes To Increase CJN Salary To N5.39m, Justices To N4.21m Chief Justice of Nigeria’s salary now stands at N5.39 million monthly. Bill aims to fortify judiciary’s independence and efficacy. EKO HOT BLOG reports that the Senate has advanced a bill aiming to bolster the salaries and allowances of judicial officers, marking a significant step in … Read more
House to Scrutinize Escape of Binance Executive Incident Raises Concerns over Custody Procedures Lawmaker Calls for Prosecution of Responsible Personnel Eko Hot Blog reports that, in a move to uphold accountability, the House of Representatives has resolved to investigate the recent escape of a Binance executive from detention in Nigeria. Editor’s Pick Admiring President Bola … Read more
Tinubu Finally returns home after a two-week trip abroad. He visited the Netherlands and Saudi Arabia for official engagements. This marks his 20th foreign trip since taking office. EKO HOT BLOG reports that Nigeria’s President, Bola Tinubu, has returned to Abuja following a two-week trip abroad. Tinubu arrived at his official residence in the Aso Rock … Read more
President of the Africa Fintech Network (AFN), links regulatory issues for Nigerian fintechs to their dynamic business models. Recent CBN directive halting customer onboarding by fintechs like OPay and Kuda Bank is due to suspicions of crypto trading exploitation. Aina emphasizes the need for innovation-friendly policies and improved corporate governance for sustainable fintech growth in … Read more
Tinubu’s whereabouts has been clarified. Concerns regarding Tinubu’s whereabouts arose after his attendance at the World Economic Forum in Riyadh. Reports claim he traveled to London after departing Saudi Arabia. EKO HOT BLOG reports that the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has affirmed that the Nigerian leader is presently … Read more
Yoruba Culture Takes Center Stage Afrobeats Sensation Captivates Wembley Crowd Celebrating Nigerian Heritage on the World Stage Eko Hot Blog reports that last night, Nigerian singer Kizz Daniel made a stunning entrance at the Ovo Arena in Wembley, London, leaving the packed audience in awe and sparking a frenzy of reactions online. The talented artist … Read more