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Nigeria’s Attorney General commences legal steps to recover three seized presidential aircraft in…
The offices of the Attorney General of the Federation, Lateef Fagbemi (SAN), and the National Security Adviser (NSA) have commenced legal steps to recover three presidential aircraft temporarily seized by a…
WHO confirms first case of new mpox strain outside Africa
Sweden has recorded the first case of the clade 1 variant of mpox after an individual was diagnosed in Stockholm. The case of the variant was the first recorded outside the African continent, where there…
FG launches $500m domestic bond, auction to begin on Monday
The federal government says its dollar-denominated domestic bond will be issued on Monday. Gbadebo Adenrele, managing director of investment banking, at United Capital Group, spoke on Thursday during a…
Petrol Pump Price Nears N1,000/Litre In FCT, States
Petrol supply has continued to be on and off across the country forcing many filling stations not to dispense the product, Daily Trust investigations in the Federal Capital Territory (FCT) and many states…
Tinubu’s reforms are not without gains but Nigerians are paying hard for it
There has been an increased call for the reversalof some reforms made by the President Bola Tinubu government some 14 months ago as they have escalated a cost of living crisis in the country and plunged…
Dangote refinery is transforming Nigeria Into an Oil Market Juggernaut says Bloomberg
In a finely balanced oil market, Nigeria has suddenly reemerged as a key player. During the past few weeks, actions by the country’s massive Dangote refinery have moved prices, with purchases of US barrels…
Inside deal that led to $100m presidential jet seizure
… Presidency accuses firm of planning to arm-twist Nigeria Three aircraft belonging to the Nigerian presidential fleet have been seized in France and Switzerland following a court order. The seizure…
Court Forfeits Over $2m, 7 Landed Properties Linked To Emefiele
Justice Akintayo Aluko of a Lagos Federal High Court, has ordered interim forfeiture of cash sum of $2, 045, million USD, linked to the embattled former governor of the Central Bank of Nigeria, Mr. Godwin…
Mpox: NCDC Places Lagos, Abuja, Other States On High Alert
The Nigeria Centre for Disease Control and Prevention (NCDC) has said that some states of the country have been put on high alert for the Mpox outbreak. The director general of the agency, Dr Jide Idris, said…
Move To Seize Presidential Jets Signals Failed Leadership – Obi
Presidential Candidate of Labour Party (LP) in last year’s elections, Peter Obi, has faulted President Bola Tinubu’s administration over the move to seize presidential jets of Nigeria. Daily Trust reports that a…
“Since I have known Tinubu, he has been using only one wristwatch” – VP Shettima
Vice President Kashim Shettima has declared that President Bola Tinubu is not in power to engage in primitive capital accumulation, stating that since he came in contact with the Nigerian leader, he (Tinubu) has been…
U.S. appeals court compounds Nigeria’s woes, authorises Chinese investors to proceed towards seizing…
An appellate court in the United States has rejected Nigeria’s sovereign immunity and authorised a Chinese consortium to proceed with its efforts to confiscate Nigeria’s assets abroad, aggravating a crisis that…
NASCON Allied Industries handed over a borehole to Alayabiagba host community
NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, as part of its social investment initiatives, during the week commissioned and handed over a borehole…
NASARAWA VARSITY HAILS NYSC ON YOUTH EMPOWERMENT
The Vice-Chancellor of Nasarawa State University, Professor Saadatu Hassan Liman has poured encomiums on the National Youth…
Delay in crude supply to Dangote Refinery Poses Risk to Nigeria’s economy – EIU Report
The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum…
Presidential jets: Ogun accuses Chinese firm of deceiving French court
Ogun State government, on Thursday, faulted the judicial process that led to the provisional attachment of three presidential jets in France by the Judicial Court of Paris on 7th March and 2nd August 2024. The…
NJC recommends Kudirat Kekere-Ekun as CJN
The National Judicial Council (NJC) has recommended Justice Kudirat Kekere-Ekun to President Bola Ahmed Tinubu for appointment as chief justice of Nigeria (CJN). The recommendation was made during its 106th meeting on…
FG Knocks Chinese Company, Says Presidential Jets Can’t Be Seized
The Presidency has broken its silence on a French Court for the seizure of three Nigerian Presidential jets. Citing Financial Times, Daily Trust had reported how the court ordered seizure of the aircraft over a…
Nigeria’s inflation rate drops for the first-time in 19 months, at 33.40% in July
Nigeria’s headline inflation rate decreased to 33.40% in July 2024, down from 34.19% in June 2024. This marks the first decline in the headline inflation rate since December 2022, when it last dropped to 21.34%.…
Give Us Special Courts To Prosecute Oil Thieves – EFCC Tells NASS
The Economic and Financial Crimes Commission (EFCC) yesterday asked the National Assembly to create special courts for the prosecution of crude…
EFCC detains Hajj Commission’s chairman, secretary over N90 billion subsidy fraud
The Economic and Financial Crimes Commission (EFCC) has detained Executive Chairman of the National Hajj Commission of Nigeria, Jalal Arabi, and the secretary, Abdullahi Kontagora, over alleged N90 billion…
Lamine Yamal’s dad stabbed, hospitalised in Spain
The father of Spain Euro 2024 star Lamine Yamal has been rushed to hospital after being stabbed in a car park on Wednesday evening, according to reports. Daily Mail reports that a fight reportedly broke out in the…
Immigration arrests woman who tore husband’s passport at Lagos Airport
The Nigerian Immigration Service (NIS) has arrested the woman who tore up her husband’s passport in a video that has gone viral in the past few days. The woman, identified as Favour Igiebor, was seen being…
French Court Seizes Three Nigerian Presidential Jets
A Chinese company, Zhongshan, has successfully petitioned for the seizure of three Nigerian presidential jets. The company's export processing zone management contract was terminated by the Ogun State government in…