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NNPCL’s N193b travel expenses surpass allocation for ministries
Nigerian National Petroleum Company Limited (NNPCL) has spent N193.4 billion on local and foreign trips in the last 16 months. Contained in its 2022 audited report, the company’s travel expenses were N146.9 billion…
Concerns arise as gap between NINs and population remains extreme
• Registration still 32% short of World Bank’s 148m June target • Insecurity defies NIN-SIM linkage as kidnapping festers• Experts want FG to fix economy, create jobs to curb insecurity Despite efforts made to close…
Companies and ventures linked to the late Nigerian banker Herbert Wigwe
Herbert Wigwe, a prominent figure in Nigerian banking, played a crucial role in shaping the growth of the country’s financial sector. Through…
Nigerian Breweries to increase prices of products
The Nigerian Breweries (NB) Plc has said it would increase the prices of its alcoholic and nonalcoholic products to mitigate the impact of rising costs of inputs. The company made this known in a leaked memo to its…
Keeping hope alive – How the Tinubu strategy will deliver
The thing about economic policies is that they have good and bad sides. The trick for policymakers, and indeed the people, is to focus on maximising the good and minimising the bad. But the larger responsibility rests on…
Efforts of security chiefs to tackle insecurity yielding fruits – Senate
The Senate has declared that it is convinced that serious measures being carried out against criminals in the country by the various security agencies are yielding fruits with the arrest of many criminal non-state actors…
Iwo monarch declares man wanted, places N50,000 bounty on suspect
Iwo monarch declares mThe Oluwo of Iwo, Oba Abdur-Rasheed Akanbi has declared one Lateef Hassan of Belio compound, Iwo wanted over unlawful activities. A statement…
CAC says content creators must register, pay taxes
Corporate Affairs Commission has urged social media content creators, Instagram users, and TikTok users with large followers to register their businesses…
Lagos State House of Assembly decries naira depreciation
The Lagos State House of Assembly has passed a resolution to decry the continued depreciation in the value of the naira against the US dollars. The House passed…
‘Russia, France, S’Africa’ — FCTA publishes list of embassies owing $5.3m ground rent
The federal capital territory administration (FCTA) has published a list of embassies owing ground rent totalling $5.3 million in Abuja, Nigeria’s capital. The list which has 43 embassies and high commissions in its…
NBA rejects agreement to let UK lawyers practise in Nigeria
The Nigerian Bar Association has condemned the recent agreement to allow United Kingdom Attorneys to practice in Nigeria. The NBA President,…
Nigeria not on road to Venezuela…. Account for allocations you received – FG tells PDP…
Mohammed Idris, minister of information and national orientation, has knocked the governors of the Peoples Democratic Party (PDP) for comparing Nigeria’s economic situation to that of Venezuela. Speaking after a…
AAUA student ‘kills’ colleague over iPhone
The Ondo state police command has arrested Olubodun Sanni, a final-year student of Adekunle Ajasin University Akungba-Akoko (AAUA), over the alleged murder of Ifeoluwa Adekunle. On February 3, Adekunle, a 300-level…
Bribery Allegation: Take Me To Court, Sacked Senator Challenges Critics
Senator Elisha Abbo has challenged his critics to institute legal action against him on his claim that some judges and justices engaged in bribery during electoral litigation. Abbo represented Adamawa North Senatorial…
Wigwe’s Successor: Why We Chose Agbede – Access Holdings
Access Holdings Plc has said the choice of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the company was in alignment with its succession planning practice. Commenting on the appointment, the Chairman…
This Is The First Time I’ll Be Hosted By A President — Peseiro
Super Eagles Coach, Jose Peseiro, has expressed delight at being hosted by President Bola Tinubu. Tinubu, on Tuesday, received the Nigerian team at the Presidential Villa, Abuja, following their silver medal-winning…
FLASHBACK: How Oshiomhole Blamed Jonathan For Economic Crisis When Buhari Was In Power
Adams Oshiomhole, senator representing Edo North Senatorial District and two-time governor of Edo State, has demonstrated a penchant for blaming Nigeria’s woes on the previous administration or leader at every point in…
Bwala Has Moved On, Stop Describing Him As My Aide – Atiku tells Media
Former Vice-President Atiku Abubakar says Daniel Bwala only served as his presidential campaign spokesperson and was never his aide. In a…
Charley Boy Slams Pastor Adeboye Over ‘Prayer’ Comments
Nigerian entertainer, Charley Boy, also known as Area Fada has slammed Redeemed Christian church of God (RCCG) general overseer, Pastor EA Adeboye…
‘$6.2m fraud’: FG asks Interpol to place three Nigerians on watchlist for ‘forging Buhari’s…
The special investigator appointed by President Bola Tinubu has asked the international criminal police organisation (Interpol) to place three suspects on its watchlist over an alleged fraud of $6,230,000. The suspects…
In latest move to stabilise naira, CBN sells dollars for first time in 5 months
The Central Bank of Nigeria (CBN) sold up to $86 million in the spot FX market on Tuesday, its first sale of dollars in the market since September 2023. It is the…
Buhari didn’t approve $6.2m for election observers — his signature was forged – Boss Mustapha…
Boss Mustapha, former secretary to the government of the federation (SGF), says neither he nor ex-President Muhammadu Buhari gave any approval for the disbursement of $6,230,000 to international election observers.…
Kanye West made $19 million in 24hrs from Ad shot on Iphone for $0
Kanye West, the iconic American rapper and entrepreneur, achieved an extraordinary financial milestone by reportedly amassing a record $19 million within a single day. This success was attributed to an advertisement he…
Eni denies wrongdoing in Oando assets transfer, OPL 245 deal with Tinubu
Eni has said it did nothing wrong in pursuing its Nigerian interests with both the Tinubu administration and a private firm run by the president’s nephew. The company tried to manage its perception in Nigeria after…