Faleke and Representatives will raise the cap on CBN loans as part of Tinubu’s 60-day ministerial unveiling

A chieftain of the All Progressives Congress (APC), James Faleke, says Bola Tinubu will unveil members of his cabinet within 60 days after his inauguration as Nigeria’s President on Monday....CONTINUE READING

The righthand man of the former Lagos State governor stated this on Monday morning in an exclusive interview with Channels Television at the Eagle Square, venue of the inauguration…..CONTINUE READING

Asked whether Nigerians should expect Tinubu to unveil his cabinet as soon as possible, Faleke said, “Of course, within 60 days, that’s what the law says. He can announce anytime but I just know he must do it within 60 days.”

The House of Representatives, amidst protest on Sunday, approved an amendment to the Central Bank of Nigeria Act, raising the ceiling of Ways and Means Advances from the apex bank from 5 to 15 per cent.

The House gave the approval at an emergency sitting, in concurrence with the Senate which held an emergency plenary earlier on Saturday to consider and approve some economic bills.

The National Assembly made the move amidst criticisms that the Federal Government had obtained WMAs beyond the 5 per cent threshold of the CBN.

Two persons have been killed in Keffi metropolis, the headquarters of Keffi Local Government Area of Nasarawa State by an explosion suspected to be a bomb.

The incident was said to have happened in the early hours of Sunday, opposite General Hospital, along Nasarawa Road, Keffi.

A source told DAILY POST that as early as 6am on Sunday, residents of Keffi town trooped out in their numbers to the scene of the two-bedroom residential apartment that was affected by the explosion…..CONTINUE READING