archiveSeptember 2024

The President and Chief Executive of Dangote Group, Aliko Dangote, has confirmed that federal government is still paying oil subsidy, and advised President Bola Tinubu to put a complete stop to it for the good of the country. In a 26-minute interview with Bloomberg Television in New York today, September...

Adewale Agunbiade, a prosecuting witness in the trial of former Minister of Power and Steel, Olu Agunloye on Monday, September 23, 2024  narrated before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, sitting in Apo, Abuja, how the defendant allegedly received N5.2million from Jide Sotirin Abiodun, a staff...

Christian Ogbuji, a 48-year-old businessman, was apprehended by the National Drug Law Enforcement Agency (NDLEA) agents at the Murtala Muhammed International Airport in Ikeja, Lagos, just 16 months after he was detained and found guilty of the cocaine ingestion crime. According to a statement released on Tuesday by the Director...

  says Nigeria’s banking industry remains safe, sound, and stable The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points to 27.25 per cent from 26.75 per cent. The Governor of the CBN, Yemi Cardoso, made...

  The National Bureau of Statistics (NBS) on Tuesday said Nigeria’s unemployment rate increased to 5.3 per cent in the first quarter (Q1) of 2024. According to a report, the NBS said the unemployment rate increased compared to the 5 per cent recorded in Q3 2023. “The unemployment rate for...

  Former Abia State Governor and Abia North Senator, Orji Uzor Kalu, has said that no president in the last 60 years had dared to reform Nigeria’s economy like President Bola Tinubu. Orji Kalu, however, noted that Nigeria is in a dire situation and citizens are suffering. Addressing a press...

In response to high transportation costs, Governor Ademola Adeleke has approved re-scheduled working days for various categories of civil servants and an extension of payment of palliatives for public servants for the next two months. The approval which was contained in a circular from the Office of the Head of...

  The United States government has finally spoken out on the outcome of the Edo State gubernatorial election. The US government has called on the Independent National Electoral Commission (INEC) to support processes for challenging the results. In a statement released on Tuesday by the U.S. Ambassador to Nigeria, Richard...

Socio-political activist, Aisha Yesuf, has slammed Governor Godwin Obaseki for crying out over the outcome of the Edo State governorship election result. The Independent National Electoral Commission (INEC) on Sunday declared Monday Okpebholo of the All Progressives Congress (APC) winner of the election conducted on Saturday, September 21, 2024. Okpebholo...

Justice Inyang Ekwo, of the Federal High Court in Abuja, on Monday, dismissed the suit seeking the removal of Dr Abdullahi Ganduje, as the National Chairman of the All Progressive Congress (APC). In his judgment, he agreed with the preliminary objection of the 2nd defendant, who prayed the court to...