In a decisive move aimed at stabilizing the country’s foreign exchange system and tightening monetary regulations, the Federal Government of Nigeria has announced a bold ultimatum: individuals and entities holding U.S. dollars outside of the formal banking system have exactly nine months to deposit these funds into licensed banks. This mandate, effective as of OctoberContinueContinue reading ““Federal Government’s Ultimatum: Nine-Month Deadline for Nigerians Hoarding Dollars Outside the Banking System””
Category Archives: News
“Vice President Shettima Unveils NEC’s Call for Broader Stakeholder Consensus on Tax Reform Bill”
In a move aimed at fostering robust dialogue and building a sustainable fiscal future, Nigeria’s Vice President, Senator Kashim Shettima, has announced that the National Economic Council (NEC) has advised the temporary withdrawal of the current Tax Reform Bill from the National Assembly. This recommendation, shared through Shettima’s official X handle, marks a strategic shiftContinueContinue reading ““Vice President Shettima Unveils NEC’s Call for Broader Stakeholder Consensus on Tax Reform Bill””
“Federal Government Empowers 25 Million Nigerians with ₦25,000 Conditional Cash Transfer”
In a bold move to alleviate the financial strain on millions of its citizens, the Federal Government of Nigeria has rolled out a major economic relief initiative, disbursing ₦25,000 as a Conditional Cash Transfer (CCT) to 25 million Nigerians. The announcement was made through the official X handle of Nigerian Stories, drawing widespread attention toContinueContinue reading ““Federal Government Empowers 25 Million Nigerians with ₦25,000 Conditional Cash Transfer””
“No Room for Unprofiled Vehicles in Abuja Starting 2025, Announces FCT Minister Wike”
In a landmark decision poised to redefine transport security in Nigeria’s capital, Abuja, the Federal Capital Territory (FCT) Minister Nyesom Wike has unveiled a new directive targeting all commercial vehicles operating within the city. Taking to social media, Nigerian Stories broke the news on its official X handle, sharing the minister’s bold announcement.Starting January 2025,ContinueContinue reading ““No Room for Unprofiled Vehicles in Abuja Starting 2025, Announces FCT Minister Wike””
“Governor Fubara’s Ultimatum to Defected Lawmakers: No Second Chances for Breaching Peace Accord”
In a bold and unequivocal statement, Rivers State Governor, Sir Siminalayi Fubara, has declared that defected lawmakers who violate the peace accord will not be granted a lifeline. Taking to social media, the official handle of Port Harcourt Socials shared the governor’s resolute stance on this critical political issue.Governor Fubara revealed that, in good faith,ContinueContinue reading ““Governor Fubara’s Ultimatum to Defected Lawmakers: No Second Chances for Breaching Peace Accord””
Landmark Health Legislation: House of Representatives Advances Compulsory Genotype Screening Bill, 2024
In a significant stride toward improving public health, Nigerian Stories reported on its official X (formerly Twitter) handle that the House of Representatives has just passed the Compulsory Genotype Screening Bill, 2024, for its first reading. This groundbreaking bill, championed by Hon. Akintunde Rotimi, signals a bold move to address and curb the prevalence ofContinueContinue reading “Landmark Health Legislation: House of Representatives Advances Compulsory Genotype Screening Bill, 2024”
Governor Fubara Responds to Court Order Halting Rivers’ Allocation: “We Will Not Be Deterred”
In a bold response to a recent Federal High Court order restricting the release of Rivers State’s federal allocations, Governor Siminalayi Fubara has assured citizens that his administration remains undeterred. Addressing a crowd of supporters at a special thanksgiving service organized by the state government on Wednesday, Fubara described the court’s decision as “the least”ContinueContinue reading “Governor Fubara Responds to Court Order Halting Rivers’ Allocation: “We Will Not Be Deterred””
Senator Shehu Sani Calls on President Tinubu to Secure Release of Nigerians in U.S. Jails: “What’s Good for Binance Should Be Good for All”
In a thought-provoking message that’s stirring discussions nationwide, renowned human rights activist and former senator, Shehu Sani, took to his official X (formerly Twitter) handle to advocate for Nigerians imprisoned in the United States. Referring to recent developments with cryptocurrency giant Binance, Sani suggested that President Bola Tinubu extend diplomatic efforts to secure the releaseContinueContinue reading “Senator Shehu Sani Calls on President Tinubu to Secure Release of Nigerians in U.S. Jails: “What’s Good for Binance Should Be Good for All””
President Tinubu Appoints Major General Olufemi Olatubosun Oluyede as Acting Chief of Army Staff in Bold New Military Leadership Move
In a significant development for Nigeria’s military command, President Bola Ahmed Tinubu has appointed Major General Olufemi Olatubosun Oluyede as the Acting Chief of Army Staff. The announcement, which broke through the official X (formerly Twitter) handle of Nigerian Stories, signals a fresh direction for the Nigerian Army under Tinubu’s administration.Major General Oluyede, a seasonedContinueContinue reading “President Tinubu Appoints Major General Olufemi Olatubosun Oluyede as Acting Chief of Army Staff in Bold New Military Leadership Move”
“SERAP Takes Bold Stance: INEC Chair Summoned to Court Over Contempt Charges Amidst Allegations of Defiance”
The Socio-Economic Rights and Accountability Project (SERAP) has issued a powerful statement calling on the Independent National Electoral Commission (INEC) and its Chairman to appear in court to address serious contempt charges. In a public post on its official X handle, SERAP emphasized that this is not a matter to be resolved through statements butContinueContinue reading ““SERAP Takes Bold Stance: INEC Chair Summoned to Court Over Contempt Charges Amidst Allegations of Defiance””