Parrot Nigeria News

Asue Ighodalo, the Chairman of the Board of Directors of Nigerian Breweries Plc, has resigned from his position effective December 31, 2023.This…

On a day its hopes of re-starting arbitration against Nigeria were dashed by a UK court, Process & Industrial Development (P&ID) has applied to appeal the judgement halting the enforcement of its $11 billion…

•Prosecution turns persecution For Nigeria’s longest running chief banker of the modern era, the sight of Godwin Emefiele clutching to a big bible as he battled for bail in a Lagos court last July only…

Four members of the Rivers State House of Assembly may be the first casualties in the ongoing political war between the Rivers State Governor, Siminalayi Fubara and the FCT Minister, Nyesom Wike. A group known as Ogoni…

The Commissioner for Energy and Mineral Resources in Ondo State, Razaq Obe, has declared that a forensic report showed that the signature of the ailing Governor Rotimi Akeredolu has been forged on five official documents.…

Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria days after announcing a $72m loss in its financial statement for the third quarter of the year. Checks on the company’s reviewed price…

The Economic and Financial Crimes Commission on Thursday secured the conviction and sentencing of Eze Harrison Arinze before Justice J. K.…

At a time the country is ensnared in economic hardship, and the citizenry urged to make more sacrifices and tighten their proverbial belts to combat the economic challenges, some of the expenditures and plans of the…

As former Plateau State Governor, Simon Lalong vacates his ministerial seat to go to the Senate, a Chieftain of the All Progressives Congress, APC, Lumumba Adeh has asked that the Governorship candidate of the APC, Nentawe…

President Elizabeth Magill of the University of Pennsylvania (UPenn) is facing multiple calls for resignation after she made the institution lose out on a $100 million grant over her neither here nor there comment about…

Governor Babajide Sanwo-Olu said that Lagos state will require a minimum of a substantial N7 trillion to provide infrastructural projects and other amenities in its 2024 fiscal year.   Sanwo-Olu said this on…

The National Security Adviser (NSA) Nuhu Ribadu says the tragic bombing of Tudun Biri village in which over 126 persons were killed has happened, and the most important thing is moving forward, learning lessons from the…

Fintech companies such as Opay, FairMoney, and Palmpay are licensed to receive deposits and, as such, are not impacted by the Nigeria Inter-Bank Settlement System (NIBSS) circular issued on December 5, 2023. This…

Adamawa State Governor Ahmadu Umaru Fintiri has presented a N225.8bn budget estimate for 2024 to the House of Assembly for consideration and approval. Dubbed the ‘Budget of Reengineering’, the estimate includes N111.3bn…

Kaduna State Governor Uba Sani yesterday took an exception to a statement by the Defence Headquarters on last Sunday’s army bombing of Tundi Buri, Igabi Local Government Area, which has so far claimed 87 lives. The…

• Says there are 4,800 illegal connections to pipelines • Firm remitted N4.4tr to Federation Account from January to October The…

• Slams N50m fine against Oyo gov, others The Court of Appeal in Abuja has affirmed the April 27 decision of the High Court of the Federal…

In a bold move to address the persistent power shortages plaguing the country, Nigeria’s government is contemplating the transfer of its ownership in 11 power distribution companies (DISCOs) to state governments.…

The Nigerian Naira reached a new historical low on Friday, December 8th, 2023, closing at N1,099.05 per dollar in the official market.   This represents a significant depreciation of 23.29% compared to its previous…

The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has revealed that Bishop David Oyedepo of the Living Faith Church, also known as Winners’ Chapel, had prayed for her to become a minister in Nigeria.…

The Corporate Affairs Commission (CAC) has reversed its directive of N100 million in minimum paid-up capital for companies with foreign participation. This was revealed by the commission via its social media handle on…

Former Kaduna State Governor Nasir El-Rufai and the 14th Emir of Kano, Muhammadu Sanusi II, joined other leaders from the Tijjaniyya Islamic sect for a visit to Tudun Biri village on Friday.The village was struck by an…

President of Academic Staff Union of Universities (ASUU,) Prof. Emmanuel Osodoke, has called on the country’s budgeting agencies to separate the budget of the Tertiary Education Trust Fund (TETFund) from Nigeria’s…

Rising from a crucial meeting with heads of all security agencies and leaders of political parties in Kano on Friday, the state Commissioner of Police, Mr. Mohammed Usaini Gumel gave a stern warning to leaders and…