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Availability of cash fails to ease inflationary pressures – KPMG
The gradual improvement in the availability of cash, boost in electronic transactions, along with the CBN tightening stance has not yet eased pressure caused by inflation especially on food, energy, transport, and…
EFCC receives list of 600 vehicles smuggled into Nigeria from FBI
The Economic and Financial Crimes Commission (EFCC) has said that it received a list of 600 smuggled vehicles into Nigeria from the Federal Bureau of Investigation (FBI). Moses Oguzi, assistant commander, EFCC, made…
Buhari To Spend Six Months In Daura After May 29 Handover, Retire To Kaduna
The outgoing Nigerian President Muhammadu Buhari has said that he will spend six months in his village, Daura in Katsina State after handing over power to the ‘President-elect’, Bola Tinubu on May 29. According to…
Petrol subsidy removal would have set Nigeria on fire…. FG has seen the light – NLC
Labour unions have described the federal government’s decision to suspend the removal of petrol subsidy as the “best option”. The federal government had earlier planned to stop subsidy payments on petroleum products…
Davido splashes millions on latest Maybach Virgil Abloh
Davido, the Afrobeats star, has acquired a multi-million naira vehicle for himself. The megastar took to his Instagram story on Thursday to show…
BREAKING: Otedola exits stake in Transcorp Plc in landmark deal
Serial investor and billionaire, Femi Otedola has exited his stake in Transcorp Plc, Nairametrics can confirm. Otedola had acquired a…
Afenifere Asks FG To Suspend National Census
The pan-Yoruba socio-political organisation, Afenifere, has asked the federal government to suspend the National Housing and Population Census scheduled to begin on May 3. The body requested this in a communique issued…
Court Denies Bail To Mamu, Alleged Terrorist Negotiator In Kaduna Train Attack
The Federal High Court sitting in Abuja, on Thursday, dismissed a bail application that was filed by the Abuja-Kaduna train kidnap negotiator,…
JUST IN: Abducted NPC official regains freedom
After spending five days in captivity, a Federal Commissioner with the National Population Commission in Bayelsa State, Mrs. Gloria Izonfuo, who was abducted by gunmen along Ogbakiri axis of the East-West Road in…
Why Bill On Compulsory 5-Year Service For Nigerian Doctors Is Evil, Vindictive –Delta Ex-Governor,…
The bill to mandate medical doctors to practise in Nigeria for at least five years before moving abroad if they want which is before the House of Representatives has been described as 'evil and vindictive'. The…
Double Guards For Tinubu, Shettima Over Open Threats – MURIC Tells Security Agencies
An Islamic group, Muslim Rights Concern (MURIC), has called for increased security for the ‘President-elect’, Bola Tinubu and the ‘Vice President-elect’, Kashim Shetima, over the ‘rising threats and treasonable…
FG To Restrict Movement, Declare 3-day Public Holiday Next Week
Nigerians are set to face a three-day movement restriction across the country as the National Housing and Population Census…
Court quashes EFCC’s N4.6bn money laundering charge against Fani-Kayode
Former Minister of Aviation, Femi Fani-Kayode has celebrated his acquittal by the Appeal Court of charges of misappropriation of N4.6 billion and money laundering brought against him by the Economic and Financial…
Netflix Dips 36.18% As US Internet Coys Lose $800bn In 12months
Popular streaming platform Netflix has been hit with a loss of 36.18 percent in market capitalisation, bringing its current capitalisation to…
Fidelity Bank Grows Earnings To N337bn, Declares 50k Per Share Dividend
Fidelity Bank Plc has logged gross earnings of N337.1 billion, a 34.4 percent growth year on year (YoY). According to its 2022 Audited Financial…
Court Refuses Request To Shift 2023 Census, Adjourns To May 5
A Federal High Court sitting in Abuja, on Thursday, declined a request seeking an order postponing the 2023 Census slated to be held from May 3 to…
Malami Dismisses $2.4bn Crude Oil Sale Loss Claims
The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami says the allegation of loss of over 2.4 billion dollars from illegal sale of 40 million barrels of crude oil is baseless. He…
Nigeria’s domestic transactions hit N980bn in 3 months
Amid uncertainty and other macroeconomic challenges, total domestic transactions on the Nigerian Exchange Limited (NGX) for the first…
Son’s Late Strike Earns Draw For Spurs Against Man Utd
Son Heung-min’s late equaliser completed a stirring Tottenham fightback from two goals down in their 2-2 draw against top-four rivals Manchester United on Thursday. Just days after their 6-1 thrashing at Newcastle,…
Cash Crunch Crippled Nigeria’s Economy, Says UN
The United Nations (UN) says the recent cash crunch in Nigeria affected the country’s economy. In a recent report, the inter-governmental organisation said the development which lasted for months mostly affected the…
Court Grants Process To Compel Kano AG To Prosecute Doguwa
The Kano State High Court has granted an ex-parte motion seeking leave to commence an Order of Mandamus that will compel the state’s Attorney General, Musa Abdullahi Lawan, to file murder charges against the Minority…
DSS Detains Fintiri’s Security Aide, PDP Supporters Over Attack On INEC Official
The Department of State Services (DSS) has arrested the chief security detail to Adamawa State governor, Ahmadu Umaru Fintiri, over alleged molestation of electoral officials as well as a senior security officer.…
10th Assembly: APC says zoning of Senate, Reps leadership not decided
Nigerian Senate floor used to illustrate the story (Credit: Twitter) The All Progressives Congress (APC) says it has yet to zone the incoming 10th National Assembly leadership positions as speculated in some…
Nigeria has about eight million out-of-school children – FG
out-of-school children used to illustrate the story Nigeria accounts for 12.4 per cent of the out-of-school children in Sub-Saharan Africa, says education minister Adamu Adamu. Mr Adamu disclosed this on…