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Naira gains N75 against dollar in single day
The naira has appreciated by N75.4 against the US dollar in a single day to bounce back in the foreign exchange market. FMDQ data showed that the naira appreciated to N1,072.74 per dollar on Wednesday, compared to…
Army To Build Personal Homes For Troops Fighting Insecurity
The Nigerian Army says all arrangements are already in place to build befitting personal homes for all soldiers fighting various forms of insecurity in the country to serve as their abode after retirement. It also said…
Private sector asks FG to suspend Band A’s 300% electricity tariff hike
The Organised Private Sector of Nigeria has called for the suspension of the implementation of the new electricity tariff hike. The OPSN, via a statement on Wednesday, said the call was to enable all stakeholders to…
EFCC obtains warrant to arrest Yahaya Bello
The Federal High Court Sitting in Abuja has granted the Economic and Financial Crimes Commission (EFCC) permission to arrest the former governor of Kogi state, Yahaya Bello, in preparation for his arraignment on…
BREAKING: Ayu withdraws lawsuit challenging removal as PDP chair
The suspended National Chairman of the Peoples Democratic Party, Iyorchia Ayu, has withdrawn a lawsuit challenging his removal from the party to pave the way for the former Benue State Governor, Gabriel Suswam, to replace…
CBN reduces banks’ Loan to Deposit Ratio to 50%
The Central Bank of Nigeria, CBN has reduced the Loan to Deposit Ratio, LDR of banks to 50 per cent from 65 percent. The reduction was announced via a circular to Deposit Money Banks titled “Re: Regulatory Measures to…
BREAKING: Court Restrains EFCC From Arresting, Detaining, Prosecuting Yahaya Bello
A State High Court sitting in Lokoja on Wednesday restrained the Economic and Financial Crimes Commission (EFCC) from arresting, detaining and prosecuting ex-governor of Kogi State, Yahaya Bello. Justice I.A Jamil of…
BREAKING: Gunshots As Ododo ‘Smuggles’ Yahya Bello Out
Sounds of gunshots rend the air as Governor Usman Ododo of Kogi State departed the residence of Yahaya Bello, his predecessor, on Tuesday. Officials of… Sounds of gunshots rend the air as Governor Usman Ododo of Kogi…
BREAKING: Policemen Attached To Kogi Governor Ododo Prevent EFCC Personnel From Arresting Ex-Gov…
Policemen attached to Governor Usman Ododo of Kogi State on Wednesday prevented the personnel of the Economic and Financial Crimes Commission (EFCC) from arresting former Kogi governor, Yahaya Bello. SaharaReporters…
Policy Think Tank Faults Atiku, Says Cost Of Lagos-Calabar Highway ‘Appropriate’
A think tank body of policy analysts on the platform of the Independent Media and Policy Initiative (IMPI) has justified the N2.8trn to be expended on the construction of the Lagos-Calabar coastal highway. The group…
Champions League: Dortmund Face Familiar Foes PSG In Semi Finals
Borussia Dortmund and Paris Saint-Germain will meet in the Champions League semi-finals, almost eight months after facing off in the opening match of their European campaigns. The two sides emerged from this…
Naira Abuse: Cultural Spirit Forcing Yoruba To Spray Money – Oluwo Tells EFCC
The Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi, has described the recent litigations by the Economic and Financial Crimes Commission against naira abuse as a misplaced priority. According to him, the practice of…
Ibadan court remands dozens of Yoruba Nation agitators in prison custody
The Iyaganku Chief Magistrates’ Court in Ibadan has ordered the remand of 29 suspected Yoruba Nation agitators for invading the premises of the Oyo state Secretariat on Saturday. The defendants were arraigned on Wednesday…
Tinubu directs inclusion of National Open University graduates in NYSC scheme
President Tinubu has directed the Federal Ministry of Education to formulate necessary modalities for the inclusion of National Open University (NOUN) graduates within the National Youth Service Corps (NYSC) framework,…
We’re on the verge of approving ExxonMobil-Seplat deal, says FG
The federal government says it is on the verge of approving the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets by Seplat Energy. Seplat announced an agreement toExxonMobil’s 40 percent stake in MPNU on…
Tinubu Commends Dangote Group For Reducing Price Of Diesel
President Bola Tinubu has commended the he enterprising feat of Dangote Oil and Gas Limited in reducing the gantry price of Automotive Gas Oil (AGO), also known as…
Anti-Graft Agency EFCC Barricades Ex-Governor Yahaya Bello’s House In Abuja Amid N84billion…
Operatives of the Economic and Financial Crimes Commission (EFCC), have barricaded the house of the immediate past governor of Kogi State, Yahaya Bello in Wuse, Abuja. SaharaReporters reports that the EFCC siege is coming…
JUST IN: Kwara ex-senator, Rafiu Ibrahim dies at 57
Former Kwara State Senator, Rafiu Ibrahim, is dead. He was said to have died at the age of 57 after a brief illness. This was disclosed in a statement signed by the family and obtained by our correspondent on…
‘I’m Unshakeable’ – Ganduje Tells Kano Gov’t
The National Chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje says he remains the National Chairman of the party, boasting to the Kano State Government that he is unshakeable. In a viral video,…
BREAKING: Court affirms Ganduje’s suspension
A Kano State High Court has affirmed the suspension of the former governor and current national chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje. The order is sequel to an exparte motion filed by…
FG Vows Clampdown On Cartels, Traders Inflating Commodity Prices
The Federal Government has vowed to take stringent regulatory measures against traders “unfairly inflating prices” of goods and commodities. The government, through its agency, the Federal Competition and Consumer…
BREAKING: Cubana Chief Priest Pleads Not Guilty, Granted ₦10m Bail
The Federal High Court in Lagos State, on Wednesday, granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, N10m bail with two sureties in like sum. Earlier, the celebrity bar man pleaded not guilty…
Air Peace now connects passenger from Abuja, Asaba, Enugu others to London
Following the success of its Lagos-London route, Air Peace now connects passengers from Abuja, Asaba, Benin, Enugu, Owerri, Warri, and Port Harcourt to London. Passengers can now fly for from the listed states to…
Billionaire Businessman, Alhaji Nasiru Danu Gets Another Traditional Title
Alhaji Nasiru Halandu Danu is a man of high repute and unblemished integrity. He is a man whose words are his bond more reason he has been a delight of the…