Stop Denigrating Nigeria In Your Sermons – Tinubu Urges Clerics
President Bola Tinubu has called on religious leaders to refrain from vilifying or denigrating the nation in their sermons. Speaking during Ramadan Iftar (breaking of fast) with traditional rulers and religious leaders at…
45 Die As Bus Carrying Easter Worshippers Falls Off Cliff In South Africa
Dozens of worshippers died after a bus headed to an Easter conference apparently “lost control” and “plunged” off a cliff in South Africa’s Limpopo province on Thursday, the South African Broadcasting Corporation (SABC)…
Arsenal Confirm Signing Of 17-yr-old Nigerian Ethan Nwaneri
Arsenal have confirmed that Ethan Nwaneri has signed his first professional contract with the English club. The England youth international joined the Gunners in May 2015 and has developed through its academy. This…
Killing Of 17 Soldiers: Wanted Delta Monarch Reports Self To Police
Determined to prove his innocence in the controversy surrounding the murder of 17 military men in Okuama, the Ovie of Ewu-Urhobo Kingdom, Ughelli South local government area of Delta State, His Royal Majesty, Clement…
CBN increases capital base for mega banks to N500 billion, smaller banks N200 billion
The Central Bank of Nigeria (CBN) has increased the capital base for commercial banks with international authorization to N500 billion and national banks to N200 billion. This sweeping financial reform, announced on…
Low patronage forces Indomie price slash amid rising inflation
The price of Indomie Instant Noodles, a Dufil Prima Foods Limited brand, has reduced because of low demand and sales from cash-strapped consumers in Nigeria. BusinessDay survey of some stores across Lagos shows that the…
Nigeria plunged into darkness again as national grid collapses
The Transmission Company of Nigeria, TCN, has recorded its second electricity system collapse in 2024. The incident scuttled the work of the electricity companies, DisCos, across the country. In a notice to its customers, the management…
Tinubu appoints Usman Bello as new CCB Chairman
President Bola Tinubu has appointed Dr Abdullahi Usman Bello as chairman of the Code of Conduct Bureau (CCB), pending the approval of the Senate. Bello’s appointment was contained in a statement by Special Adviser to the…
BREAKING: Daily FX turnover jumps to record $857 million as Naira gains momentum
The daily forex turnover soared to $857 million on Thursday, March 28th, marking the highest level since the Central Bank implemented its new forex policies. This is also the largest turnover since 2021, according to…
17 slain soldiers: It’s illegal to declare suspects wanted – Falana warns army
“The decision of the defence headquarters to declare the murder suspects wanted is completely illegal. Let the federal government direct the defence headquarters to hand over the investigation of the suspects involved…
FG to grant mining licenses to only companies that process locally
New mining licenses will be issued by the federal government solely to companies that propose a strategy for local mineral processing, as part of the new guidelines being established by the Ministry of Solid Minerals.…
Dollar falls to N1,280 on black market on CBN policies
The naira has continued to appreciate as the US dollar is currently selling at N1,280 on the parallel market, following the recent foreign exchange (FX) policy measures of the Central Bank of Nigeria (CBN). With…
Oando Plc suspended from Johannesburg Stock Exchange over failure to file results
Oando PLC, a prominent Nigerian energy company listed on both the Nigerian Exchange Limited (NGX) and the Johannesburg Stock Exchange (JSE), has been suspended from the JSE as of 27 March 2024. The suspension was…
FG eyes N5trn VAT in 2024
The Federal Inland Revenue Service has said that the Federal Government is eyeing a Value Added Tax of N5 trillion in 2024 while also putting mechanisms in place to close identified tax gaps. It also said that the FG…
Crypto tycoon, Bankman-Fried bags 25-year jail term
Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday following his conviction in one of the biggest financial fraud cases in history. US prosecutors were seeking a prison…
UNVEILED: Monarch, Physics Prof, ‘Militant’s’ Mother… Those Declared Wanted Over Murder Of Soldiers
Twenty-four hours after soldiers who were murdered in Okuama, Ughelli South Local Government Area of Delta State, were laid to rest, the military declared eight suspects wanted in connection with their deaths. Daily Trust…
We Disconnected Power Supply To UCH Over N400m Debt — Ibadan Disco
The Ibadan Electricity Distribution Company (IBEDC) Plc said it disconnected power supply to the University College Hospital (UCH) in Ibadan due to an outstanding debt of N400 million. IBEDC’s Chief Key Accounts Officer,…
Onitsha residents protest attempt to demarket Soludo
Following the video report that a section of the Ochanja road in Onitsha under construction by the Anambra State government was washed away during a downpour, some residents of the area have taken to the street,…
Troops neutralise 212 terrorists, apprehend 252 in 1 week – DHQ
The Defence Headquarters says troops neutralised 121 terrorists, apprehended 253 and rescued 244 kidnapped hostages in different operations nationwide in one week. The Director of Defence Media Operations, Maj -Gen.…
Buhari greets Tinubu at 72
FORMER President Muhammadu Buhari has extended birthday greetings to President Bola Tinubu on his 72nd birthday, wishing him good health and long life in order for the country to benefit from his “excellent leadership.” In…
Court quashes Debe’s suit, awards Ojukwu’s will to Bianca
The Enugu State High Court presided over by Justice A.O Onovo has thrown away for lack of merit, a suit initiated by the late Chief (Dr) Debe Odumegwu Ojukwu (who claimed to be the first son of the late Ikemba Nnewi, Dim…
Why we released 313 suspected terrorists to Borno government – DHQ
The Nigerian Defence Headquarters says it released 313 terrorism suspects to the Borno Government in compliance with the orders of the Federal High Court in Maiduguri. The Director, Defence Media Operations, Edward Buba, an…
Journalist detained by Defence Intelligence Agency regains freedom after two weeks
The Editor of FirstNews, Segun Olatunji, has regained freedom after two weeks in the custody of the Defence Intelligence Agency (DIA). The journalist was forcefully arrested in his Lagos home in Iyana Odo, Abule Egba…
“We’ll hold you responsible if anything happens to Chief Clark” – Ijaw youths warn military
The Ijaw Youths Council (IYC) have reacted to the military invasion of Pa E. K. Clark’s country home in Kiagbodo, Burutu Local Government Area of Delta State last weekend. IYC, who described the military invasion as “a…