Metal Manufacturing Nigeria Limited (MMNL) Expands to Dominate Tubular Battery Market and Diversify Ventures Metal Manufacturing Nigeria Limited (MMNL) is not just Nigeria’s largest tubular battery company; it is also diversifying into multiple business verticals, including backward and forward integration and mining, to stay ahead of its competitors. To meet the rapidly growing demand in […]
Author: c4bn
Tinubu’s Promise to Revive Economy Unfulfilled After One Year in Office – Atiku
Atiku made this comment in his appraisal of President Tinubu’s first year in office. COMBO: President Bola Tinubu and former Vice-President Atiku Abubakar Former Vice President Atiku Abubakar criticized President Bola Tinubu for not fulfilling his promise to grow the nation’s economy and alleviate Nigerians’ suffering. After taking office last May, Tinubu implemented various reforms […]
Nigeria Secures $30bn Investment Commitment in One Year – Industry Minister
She also noted the revenue increase to ₦430 million for the Lagos International Trade Fair Complex. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced that Nigeria secured over $30 billion in investment commitments over the past year. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced that Nigeria secured over $30 billion […]
Court Halts Eviction of Emir Sanusi by Police, SSS, Military
The Kano High Court on Miller Road has issued an order preventing the police, State Security Service (SSS), and Nigerian military from evicting Emir of Kano, Muhammadu Sanusi II, who was recently reinstated. Justice Amina Adamu Aliyu granted the order, restraining the security agencies from arresting or harassing the emir and his kingmakers. The judge […]
Peter Obi: Seeking Alliances to Benefit Nigeria, Not Power
Mr Peter Obi Peter Obi, the Labour Party’s 2023 presidential candidate, will only consider a merger that prioritizes Nigeria’s welfare over mere power acquisition, according to Yunusa Tanko, Chief Spokesperson of Obi-Datti and Director of Media for the Labour Party (LP). In an interview with Channels Television on Monday, Tanko emphasized that Obi seeks alliances […]
Labour Issues 14-Day Ultimatum to Otti for N30,000 Minimum Wage Payment
Organized Labour in Abia state has issued a 14-day ultimatum to Governor Alex Otti to ensure the full payment of the N30,000 national minimum wage and the N35,000 palliative wage award approved by the federal government for workers in the state. In a letter addressed to Governor Otti by the Nigeria Labour Congress (NLC) Abia […]
EFCC Pays Tribute to Former Chairman Lamorde
The Economic and Financial Crimes Commission (EFCC) has expressed condolences to the family of its third substantive Chairman, Ibrahim Lamorde, who passed away in Egypt on Sunday at the age of 61. Lamorde had traveled to Egypt for medical treatment. In a statement on Sunday, EFCC spokesperson Dele Oyewale conveyed the agency’s shock at Lamorde’s […]
Opposition Parties Criticize Tinubu’s Performance One Year In
President Bola Tinubu Tinubu’s Inauguration Promises Under Scrutiny After One Year On inauguration day at Eagle Square, Abuja, President Bola Ahmed Tinubu made commitments addressing critical national issues including the economy, security, power, and petrol subsidy. Notably, he declared “subsidy is gone,” a statement that has continued to resonate in economic discussions across Nigeria. Nearly […]
The King Returns: Sanusi Reinstated as Emir of Kano Governor Abba Yusuf announced the decision after signing a law dissolving the emirate councils established in 2019.
A file photo of Muhammadu Sanusi II Governor Reinstates Sanusi as Emir of Kano After Four-Year Absence Four years after Muhammadu Sanusi II was deposed as Emir of Kano, Governor Abba Yusuf of Kano State has reinstated him to the throne. “With the full support of the kingmakers, I have approved the reappointment of Mallam […]
CBN Unveils Fintech Plans
The Central Bank of Nigeria (CBN) has detailed its ongoing interactions and regulatory measures for financial technology companies (fintechs). CBN Governor Olayemi Cardoso provided this explanation during a press briefing in Abuja yesterday, where he announced a new interest rate. To combat inflation and stabilize prices, the CBN raised its benchmark interest rate, the Monetary […]
Public Funds: Minister Urges Elimination of Waste and Corruption
Minister of Finance and Coordinating Minister for the Economy, Olawale Edun The Minister of Finance, Wale Edun, has advocated for robust administrative mechanisms and reforms to eliminate waste and corruption in managing public funds. Edun made this call on Tuesday at the 4th Internal Auditors Retreat, themed “Enhancing Efficiency and Effectiveness in the Administration of […]
African and America Reporting Highest Rates of Gonorrhoea and Syphilis, Says WHO
On Tuesday, the World Health Organization (WHO) revealed that new data indicate a rise in sexually transmitted diseases (STDs) in most regions, with the highest increases seen in the Americas and Africa. During his opening remarks at a virtual media briefing on global health issues, WHO Director-General Dr. Tedros Ghebreyesus highlighted the ongoing public health […]
Governor Adeleke explains his decision to avoid loans for Osun’s development, focusing instead on responsible financial management and sustainable funding methods.
Gov Adeleke Governor Ademola Adeleke of Osun has announced that he has not taken any loans since assuming office on November 27, 2022. He shared this during the second edition of “Ipade Imole,” a forum where he reported on his governance to the people in Ilesa. Adeleke emphasized that his choice to avoid borrowing for […]
“Tinubu Tells Samsung CEO: Combining Your Technology with Nigerian Ingenuity Offers Limitless Opportunities”
Samsung Chairman Kim expressed the company’s interest in expanding its presence in Nigeria. President Bola Tinubu emphasized Nigeria’s commitment to a fair and open investment environment based on the principle of ‘willing-buyer and willing-seller,’ ensuring investors have smooth access to capital from both domestic and international sources. The president provided this assurance during a meeting […]
Ramaphosa Praises Mandela’s Legacy as South Africa Marks 30th Freedom Anniversary
South Africa’s President Cyril Ramaphosa President Cyril Ramaphosa of South Africa praised the anti-apartheid hero Nelson Mandela for his significant contributions to the country’s journey to freedom during the 30th anniversary celebration of democracy. In a speech at the Union Buildings in Tshwane, Pretoria, on Saturday, Ramaphosa described Mandela as “the first democratically elected president […]
VAT revenue increased from N347 billion to N549 billion under Tinubu’s administration, according to FAAC report.
President Bola Tinubu Between October 2023 and March 2024, the government’s revenue from Value Added Tax (VAT) rose by 58%, according to an investigation. This information is based on financial reports from the Federation Account Allocation Committee (FAAC) during the specified period. In a statement on November 22, 2023, from the Ministry of Finance’s […]
The Federal Government has announced that the NCAA will audit all local airlines. This decision comes after Dana Airlines was suspended when one of its planes skidded off the runway at Lagos airport.
Photo illustration of Aviation Minister, Festus Keyamo, and an airport The Federal Government has announced that the Nigerian Civil Aviation Authority (NCAA) will conduct a thorough audit of all local airlines across the country. Aviation and Aerospace Development Minister Festus Keyamo revealed this during an interview on Channels Television’s “Politics Today” on Thursday. He emphasized […]
“Court Orders Arrest of Former NILS Director General for Ignoring ICPC Summons”
Prof. Ladi Hamalai A Federal High Court in Apo, Abuja, has issued an arrest warrant for Professor Ladi Hamalai, former Director General of the National Institute for Legislative and Democratic Studies. This decision stems from Hamalai’s repeated failure to appear in a corruption case brought against her by the Independent Corrupt Practices and Other Related […]
“Lukman: Kwankwaso’s Presidential Ambitions in NNPP Unlikely”
Salihu Lukman, a former National Vice Chairman of the All Progressives Congress (APC), has dismissed Rabiu Kwankwaso’s presidential aspirations as a ‘mirage.’ Kwankwaso, the former governor of Kano and 2023 presidential candidate of the New Nigeria People’s Party (NNPP), lacks the nationwide support necessary for a successful bid for the presidency, Lukman stated in an […]
President Bola Tinubu calls for significant reforms in Nigeria’s justice sector.
President Bola Tinubu President Bola Tinubu has called for reforms to help Nigerians benefit more fully from the justice sector. Tinubu made these remarks on Wednesday in Abuja at the opening of the two-day National Summit on Justice 2024, hosted by the Federal Ministry of Justice in partnership with the European Union, International IDEA, UNICEF, […]