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Petrol landing cost hits N1,000/litre on FX crisis
The landing cost of imported petrol has surpassed N1,000 per litre as the country’s foreign exchange crisis deepened, according to findings by BusinessDay.…
Who’s Who in Governor Sanwo-Olu’s inner circle
Since 2003 when he was appointed as a special adviser to the deputy governor, Babajide Sanwo-Olu has managed to be close to the corridors of power…
Tinubu battles to retain northern base
By picking a Muslim running mate, President Tinubu sought northern appeal but is losing northern support due to insecurity, poverty and unpopular policies. “The Nigeria of…
Ghana: Akufo-Addo sacks finance minister Ken Ofori-Atta in major shake up
Ghana’s President Nana Akufo-Addo has announced the dismissal of minister Ken Ofori-Atta and others in what is expected to be his last ministerial reshuffle before…
BREAKING: Senate names 43-member panel on constitution review
Senate President, Senator Godswill Akpabio, has just named a 43-member ad hoc committee to further review the 1999 Constitution. The committee, which is chaired by the…
CBN: Few Days To MPC Meeting Tinubu Names Cardoso Chair
Olayemi Cardoso, the Central Bank of Nigeria, CBN Governor has been named the Chairman of the newly constituted Monetary Policy Committee, MPC. MPC is a committee…
BREAKING: ‘Looted funds recovered under Buhari now missing from CBN’ – SERAP
A group, the Socio-Economic Rights and Accountability Project (SERAP), has alleged that all the stolen public funds recovered by the immediate past government of Muhammadu Buhari are missing from the Central Bank of…
FG backtracks, says UK lawyers can’t practise in Nigeria
The Federal Government has reversed its earlier statement on the legal aspect of the Enhanced Trade and Investment Partnership signed with the United Kingdom on Tuesday, February 13. This development comes following…
US govt releases pictures of Herbert Wigwe‘s helicopter crash
The United States National Transportation Safety Board (NTSB) has released pictures of the location where the helicopter carrying Access Holdings Chief Executive Officer, Herbert Wigwe crashed last weekend. Wigwe, his wife,…
Nigerian soldier questions honours for Super Eagles, says troops don’t get recognitions
Adie Paul, a Nigerian soldier, has raised concerns over the national honors, lands, and flats bestowed upon members of the Super Eagles football team following their performance in the recently concluded African Cup of…
Famine looms in Nigeria as rice vendors export to Niger Republic due to exchange rates
Despite the Nigerian government’s efforts to stabilize food prices, particularly rice, in the local market, there are growing concerns of an impending famine as northern rice merchants reportedly engage in extensive…
Police dismiss officer for kidnapping, extorting $3,000 at gunpoint
The Rivers State Police Command has dismissed one Inspector Michael Odey for kidnapping and extorting the sum of $3,000 from two persons at gunpoint. The files of two other officers, ASP Doubara Edonyabo and ASP Talent…
BREAKING: Duoye Diri sworn in as Bayelsa governor
Governor Duoye Diri has been sworn in for a second term in office as Bayelsa governor. He took his oath of office on Wednesday, February 14, at the Samson Siasia Sports Complex in Yenagoa, the state capital. Dignitaries…
Ola Aina, Ekong, Lookman named as CAF announces AFCON team of the tournament
The Confederation of African Football (CAF) has unveiled the official team of the tournament for the 2023 Africa Cup of Nations (AFCON). Nigeria and Cote D’Ivoire contributed the most players to the lineup seen by …
JUST IN: President Tinubu set to depart Abuja for AU Summit in Ethiopia
President Bola Tinubu is scheduled to leave Abuja on Thursday, February 15, to participate in the 37th Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU) in Addis Ababa,…
SPECIAL ADVISER CALLS FOR ROBUST REAL ESTATE REGULATION
The Special Adviser to Mr. Governor on Housing, Barr. Barakat Odunuga-Bakare has emphasised the significance of robust real estate regulations in the…
N10 Billion Fraud: Drama as Efcc witness counters agency in court
Drama unfolded at the Federal High Court in Abuja on Tuesday when the Economic and Financial Crimes Commission, EFCC, alleged that its main witness, Rabiu Musa, in the trial of…
If Cardoso won’t defend the Naira, who will?
LAST week, the National Assembly undertook one of the major responsibilities assigned to it by the 1999 Constitution when the two chambers engaged the…
Reps invite Edun, Cardoso, others over non take-off of Unclaimed Dividend Trust Fund
THE House of Representatives on Tuesday resolved to invite Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Minister of Budget &…
Notorious Kidnappers Arrested In Abuja, N9m Ransom Recovered
Operatives of the Federal Capital Territory (FCT) police command have arrested seven notorious kidnappers in Abuja, recovering N9 million ransom. The police commissioner in FCT, CP Benneth Igweh, while parading the…
IMTOs: Banks to pay dollar transactions in naira
In compliance with a recent directive by the Central Bank of Nigeria (CBN), Nigerian banks will begin to pay dollar transactions through international money transfer…
FG Considers Commodity Board To Check Rising Food Prices
The Federal Government has hinted at plans to establish a National Commodity Board to regulate the prices of food and checkmate inflation. Vice President, Kashim Shettima…
Cost of living crisis: In Nigeria, love now ‘costs a thing’
In Nigeria, the traditional celebration of love on Valentine’s Day is taking a hit as the soaring cost of living renders romantic gesturesincreasingly unaffordable for many. Jennifer Lopez’s sentiment in her song ‘Love…
IMF Confirms Return Of Petrol Subsidy Under Tinubu
The International Monetary Fund (IMF) has said the Nigerian government has, through the backdoor, resumed the payment of subsidies on the premium motor spirit (PMS), otherwise known as petrol. Recall that on May 29,…