Court Gives FG 7 Days to Fix Prices of Foodstuffs, Petroleum Products, Others
Justice Ambrose Lewis-Allagoa of a Federal High Court, in Lagos has ordered the Federal Government to fix the prices of food stuffs, and petroleum products within…
What is killing our Obas?
It is a sacrilege to say an oba is dead in Yorubaland. But two obas were killed by suspected kidnappers last week in Ekiti State. Their remains are on display…
Cinemas gross N7bn in 2023, Akindele’s film contributes 14% – Report
Nigerian cinemas grossed more than N7.2 billion in 2023 from over 2.6 million admissions, with Nollywood averaging a 39 percent market share, according to a new report. NAN reports that the earnings are over N416…
N1.3b fraud: General overseer acquired hotel, others with subscribers’ funds – EFCC (Photos)
Investigations by the Economic and Financial Crimes Commission, have revealed fresh facts on the alleged criminal activities of the General…
Bodija explosion: Makinde receives official report, three suspects identified for prosecution
Governor Seyi Makinde of Oyo State has received the official report of the January 16 explosion that occurred at Adeyi Avenue in Bodija, Ibadan, in which five persons…
NNPCL spends N267.98 billion on security as oil operators struggle
. Pays workers N266b in 16 months The burden of insecurity is telling on the profitability of oil companies in Nigeria amidst…
Stop running state without approved budget – APC warns Fubara
The All Progressives Congress (APC) in Rivers State has cautioned the Governor Sim Fubara against running the state without a duly approved budget…
Benin Republic surprises with oversubscribed $750m debut Eurobond
Benin Republic’s first-ever dollar denominated bond- a $750 million issue- was oversubscribed to the tune of $5 billion on Wednesday as investors lapped up the debt of the small West African nation. Romuald Wadagni,…
INC, stakeholders decry fresh face-off in Rivers
•Warn against another impeachment move against Fubara The Ijaw National Congress (INC) and some stakeholders in Rivers State…
MAN kicks against NAFDAC’s ban on sachets alcohol
The Manufacturers Association of Nigeria (MAN) has expressed concern over the recent ban imposed on spirit drinks in sachets and PET bottles less than 200ml. According to Segun Ajayi-Kadir, director general at MAN, “Going…
Cardoso signals return to orthodox monetary policy as T-bill yield doubles
…FPIs stage return …Boost for naira as higher interest rate set to lure dollars …Investors to rotate from stock market to fixed income The…
FBN Holdings posts FX loss of N350bn in 2023
FBN Holdings, one of the biggest banks in Nigeria, has reported a foreign exchange loss of N350.3 billion last year compared to a gain of N22.4 billion in 2022,…
Anti-corruption groups warn EFCC against political witch hunts in Bello’s case
Over 300 anti-corruption activists have warned the Economic and Financial Crimes Commission (EFCC) against using the agency for “political witch-hunts” after it filed charges against former Governor Yahaya Bello.…
State Intelligence Uncovers Plot to Pit Northern Senators Against Masses
High-ranking intelligence sources have revealed attempts to sow discord between the Nigerian public and Northern Senators, claiming to have unravelled a “fabricated”…
AFCON: You’ve Made Nigeria Proud, Tinubu Hails Super Eagles
President Bola Ahmed Tinubu has congratulated the Nigerian national team, following Nigeria’s Super Eagles’ victory over South Africa’s Bafana Bafana in the ongoing 2024 CAF African Cup of Nations Semi-Final match on…
Vote Delaying Senegal Presidential Poll ‘Not Legitimate’ – U.S
The US State Department said a vote by Senegal’s parliament to delay presidential elections until December “cannot be considered legitimate”, urging the country to move forward with the election “in accordance with the…
Correctional Service Paid N232million Death Claims In 2023 – CG
The Nigerian Correctional Service (NCoS) has paid ₦232,500,280 to the family of 163 deceased officers between January 2023 and December 2023. The Controller General of… The Controller General of NCoS, Haliru Nababa,…
Abuja Under Threat — Senate
The Senate on Wednesday expressed worry over insecurity, declaring that the nation’s seat of power was under threat. Senate President Godswill Akpabio said the Federal Capital Territory (FCT) had been infiltrated,…
Lagos Pastor, Wife Remanded For Alleged N33.8m Fraud
The Pastor of Kingdom Power International Christian Praying Centre Ishashi, Lagos, Azuka Ohez and his wife, Mary Ohez, have been remanded by a Sabo-Yaba Chief Magistrates’ Court Lagos. The couple were remanded on…
EFCC clamps down on firms for issuing invoices in dollar
Agency arrests suspects in Lagos, PH, Kaduna Varsity proprietors summoned The Economic and Financial Crimes Commission (EFCC) yesterday joined the battle to halt…
AFCON: Nwabali wins Man Of The Match against South Africa
Super Eagles sensational goalkeeper, Stanley Nwabali, was named Man of the Match after saving two penalties in Nigeria’s 4-2 victory against South Africa at the Africa Cup of Nations semi-final cracker in Bouake. The…
AFCON 2023: Osimhen starts as Peseiro makes one change to Super Eagles vs Bafana
Super Eagles head coach, Jose Peseiro has made one change to his starting line-up for his side’s semi-final clash with South Africa. Left-wing back Zaidu Sanusi has been ruled out of the game with injury. Fenerbahce…
IMPI fault Atiku over criticism on payment of NNPCL proceeds to CBN account
The Independent Media and Policy Initiative (IMPI) has faulted the former Vice President Atiku Abubakar critical stance on the payment of the proceeds of the Nigeria National Petroleum Corporation Limited (NNPCL) to the…
We issued over two million passports to Nigerians in 2023, says Immigration
The Nigeria Immigration Service (NIS) has said that it issued more than two million passports to Nigerians in 2023. Comptroller-General of Immigration, Caroline Wura-Ola Adepoju, disclosed this, yesterday, during a…