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Saraki, Suswam emerge as favourites as PDP North Central caucus insists on chairmanship slot
Former Senate President Bukola Saraki from Kwara State and Senator Gabriel Suswam from Benue State have emerged as the front-runners for the national chairmanship position of the Peoples Democratic Party (PDP). This…
Awujale of Ijebuland set for 64th coronation anniversary, 90th birthday
Preparations are in full swing for the 64th coronation anniversary and 90th birthday of the Awujale of Ijebuland, Oba Sikiru Kayode Adetona. Baagbimo of Ijebu and…
In April Fools’ joke, Trump says he is suspending his campaign
You might argue it’s a cruel joke no matter what side of American politics you fall on: Donald Trump sent a message to supporters Monday that appeared to announce he was suspending his reelection campaign, but it turned…
Era of tampering with council funds over – Otti
…Wades into Ariaria shop owners, developer’s rift Governor Alex Otti of Abia State has declared that the era of tampering with Local Government funds in the state is…
UNIMAID lecturer brutally killed on campus by unknown attackers
A Lecturer of the Department of Physical and Health Education (P.H.E) at the University of Maiduguri, Dr Kamar Abdulkadir has been brutally murdered in his office. Abdulkadir was killed on Sunday when the yet to be…
PHOTOS: Comedian Alibaba, 55-year-old wife welcome triplets
Veteran Nigerian comedian, Atunyota Alleluya Akpobome, popularly known as Alibaba ,and his wife Mary, have welcomed a set of triplets.…
Switzerland tops most powerful passports in 2024
Switzerland has topped the list of the most powerful passports in 2024 according to the Nomad Passport Index. The tax and immigration consulting firm, Nomad Capitalist disclosed that factors responsible for the strength…
The CBN new minimum capital requirement for Nigerian Banks: The good, the bad, and the downright…
Since taking office in late 2023, the new CBN Governor, Mr. Yemi Cardoso has, in not too many words, sprung but a few startling. However, some might argue, that economically necessary and fiscally expedient moves…
FG’s subsidy reforms, not money supply growth, driving core inflation in Nigeria – Study
The federal government’s subsidy reforms, rather than the expansion of money supply, are a major driver behind the persistent core inflation in Nigeria. This is according to a study by Eric Ismail Otoakhia of the…
FTN Cocoa Processor records zero revenue, FX loss of N10.17 billion in FY 2023
FTN Cocoa processor in its audited financial report for 2023 recorded foreign exchange loss of N10.17 billion while recording zero revenue for the year. In the financial report published on the NGX, the company…
Trump’s net worth falls $1B as media shares sink
Donald Trump’s net worth took a hit of $1 billion following the 21% decline in shares of his social media venture, prompted by the sluggish revenue performance of Truth Social, the platform launched by the former…
Explosion rocks Lagos cantonment, Army allays fears
An explosion, on Monday, rocked the Ikeja Military Cantonment in Lagos State. The explosion was said to have occurred on a farmland in the cantonment. As of the time of filing this report, details of the explosion…
Four banks announce delay in filing 2023 results
Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for Africa, Zenith Bank, Stanbic IBTC and Wema Bank had announced that they would not meet the deadline for…
Electricity tariff hike looms as FG raises gas price
The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous rate of $2.18mmbtu. Nigeria…
Bank recapitalisation will worsen unemployment– Analysts
Financial experts have projected that the ongoing bank recapitalisation exercise would worsen unemployment in the country. In separate chats with The PUNCH, the experts also noted the recapitalisation exercise would…
FG mobilises contractor for underwater repair of Third Mainland, Carter Bridges
The Minister of Works, David Umahi, said the Federal Government has mobilised contractor for the repair of underdeck and underwater damage of the Third Mainland Bridge and…
Kaduna’s debt and unEl-Rufaic silence
BENJAMIN Franklin alias Mrs. Silence Dogwood (January 17, 1706-April 17, 1790), was one of the greatest statesmen of the United States of America.…
UK-based Nigerian pastor speaks on allegation he slept with wife of Super Eagles player
A United Kingdom-based Nigerian Pastor, Tobi Adegboyega, has reacted to the allegation of having had sexual relations with Ezinne Kayode, the wife of Super Eagles…
Oyo monarch plans to reconcile KWAM 1, aggrieved ex-drummer
The Aseyin of Iseyin, Oba Sefiu Oyebola Ajirotutu Adeyeri III, on Monday, intervened in the feud and verbal exchanges between ace Fuji musician, King Wasiu Ayinde Marshall popularly called KWAM 1, and his estranged lead…
FG should engage monarchs for palliatives distribution — Oluwo
The Oluwo of Iwo, Oba Abdulrosheed Akanbi, on Monday, distributed grains to aged and vulnerable residents in his domain, urging the Federal Government to consider channelling palliatives to poor Nigerians through…
Nigerian railway generated N1bn revenue in three months – NBS
The Nigerian Railway Corporation generated N1.07bn as revenue from passengers in Q4 of 2023, the National Bureau of Statistics has said. According to News Agency of Nigeria, this is contained in the NBS Rail…
NITDA warns Nigerians against QR code scams
The National Information Technology Development Agency has issued a cautionary alert to Nigerians, advising them to exercise caution when scanning QR codes due to the surge in fraudulent activities orchestrated by…
Six ministers resign amid Peru president’s Rolex watches probe
Six Peruvian cabinet ministers resigned Monday in a reshuffle that came amid a probe of how President Dina Boluarte obtained Rolex watches she has been seen wearing. With Peru feasting on a scandal dubbed Rolexgate,…
Hardship: Residents overpower truck driver; loot rice, beans, garri branded in Tinubu’s name in Ondo
Residents of Akure, Ondo state capital, on Monday, engaged in widespread looting of food items and grains conveyed by a truck into the state, Peoples Gazette can report. The truck was overpowered after it developed a…