June 24, 2023

Nigerian Army pulls out ex-COAS Yahaya from service

The Nigerian Army on Saturday, pulled out of service, the immediate past Chief of Army Staff, retired Lt.-Gen. Faruk Yahaya, following the change of leadership of the Armed Forces of Nigeria by President Bola Tinubu.Tinubu had on June 19, approved the…

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Army redeploys top generals, appoints new GOCs, others

The Chief of Army Staff ( COAS), Maj.-Gen. Taoreed Lagbaja has approved the posting and redeployment of top senior officers to commands, instructional and staff appointments across formations and units.This is contained in a statement by the Director …

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5 die as speed boat capsizes in Calabar

Five persons were feared dead on Saturday after a speed boat capsized in Calabar waterways.The News Agency of Nigeria (NAN) reports that the boat capsized on its way to Oron in Akwa Ibom.A senior naval officer attached to the Eastern Naval Command, wh…

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Economist lauds IMF’s decision on global CBDC

An economist, Prof. Uche Uwaleke, has commended the International Monetary Fund (IMF) for working on a global Central Bank Digital Currency (CBDC) platform to enable transactions between countries.Uwaleke, a Professor of Finance and Capital market, Na…

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Why Nigeria must succeed on its democratic journey

Since return to democratic government in 1999, Nigeria has continued to witness successfully transition of power from one administration to another. From former President Olusegun Obasanjo (1999-2007) to his successor, Umaru Musa Yar’adua (2007-2010),…

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