politics

Issues News Politics

“NDDC Links Sub-Station to Provide Power to Five Local Government Areas in Ondo”

Victor Antai The Niger Delta Development Commission (NDDC) has confirmed the completion and connection of its newly constructed 132/33kv electricity substation in Ode-Erinje, Okitipupa Local Government Area of Ondo State, to the national grid. During an inspection of the project, Victor Antai, the NDDC’s Executive Director of Projects, hailed the substation as a landmark initiative […]

Business Issues News Politics

“WHO Commends Nigeria as First to Deploy Latest Meningitis Vaccine”

The World Health Organization logo is pictured at the entrance of the WHO building, in Geneva, Switzerland, December 20, 2021. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights “World’s First: Nigeria Leads with Groundbreaking Men5CV Meningitis Vaccine Rollout, WHO Confirms Nigeria, a Meningitis Hotspot in Africa, Pioneers Revolutionary Vaccine Deployment In a significant stride towards eradicating meningitis, Nigeria […]

News Politics

Ganduje Missing as APC Inaugurates Screening Panel for Ondo Governorship

  National Chairman, APC, Abdullahi Ganduje The APC has inaugurated a seven-member committee tasked with overseeing the screening process for the 16 governorship aspirants who have purchased the N50 million nomination forms for the upcoming primary election in Ondo State. The ceremony, held at the national headquarters of the APC in Abuja on Friday, saw […]

News Politics

“Former Minister Ogbonnaya Onu Passes Away”

“He served as a minister under former President Muhammadu Buhari but resigned to vie for the APC presidential primary.” Former Minister of Science and Technology, Ogbonnaya Onu, has passed away at the age of 72. His death was confirmed by Ebonyi State Governor Francis Nwifuru, his Imo State counterpart Hope Uzodimma, and the All Progressives […]

Issues News Politics

“Nigerian Minister of Poverty Allegedly Found with £19 Million in Bank Accounts”

  The 37-year-old poverty alleviation minister denied any wrongdoing when she was suspended in January.GETTY IMAGES Nigeria Recovers 30 Billion Naira in Corruption Probe, Over 50 Bank Accounts Traced In an ongoing corruption investigation, Nigeria has reclaimed 30 billion naira ($24 million; £19 million), which was found across more than 50 bank accounts, according to […]

Business Issues News Politics

Deadline Set: Banks Given Three Months to Cease Offering Forex-Backed Loans

Nigeria’s Central Bank Intensifies Efforts to Boost Foreign Exchange Liquidity, Mandates Banks to Halt Forex-Backed Loans within 90 Days In an ongoing bid to bolster foreign exchange liquidity within the economy, the Central Bank of Nigeria (CBN) issued a new directive on Monday instructing Deposit Money Banks to cease accepting foreign currencies as collateral for […]

Issues News Politics

Obaseki Responds to Edo Assembly’s Decision to Remove Shaibu as Deputy Governor

Governor Obaseki praised the removal of Mr. Shaibu from office, asserting that the state assembly fulfilled its constitutional duty of ensuring checks and balances. Governor Godwin Obaseki of Edo State has commended the removal of his former deputy, Philip Shaibu, from office, stating that the state House of Assembly fulfilled its constitutional obligation of providing […]

Issues News Politics

Court Orders Detention of Binance Executive in Prison Custody for Alleged Money Laundering

Breaking: Court remands Binance executive in prison custody over money laundering Federal High Court Detains Binance Executive, Tigran Gambaryan, in Kuje Prison Tigran Gambaryan, a top official of Binance Holdings Limited, was remanded in Kuje prison by the Federal High Court sitting in Abuja on Monday. Trial Justice Emeka Nwite ordered his detention after Gambaryan […]

Issues News Politics

Court Orders Emefiele to be Detained by EFCC for Alleged Abuse of Office

Breaking News: Emefiele Remanded in EFCC Custody for Alleged Abuse of Office A former Governor of the Central Bank of Nigeria, Godwin Emefiele, was remanded in the custody of the Economic and Financial Crimes Commission (EFCC) by a Lagos State Special Offences Court sitting in Ikeja on Monday. This followed his arraignment for alleged abuse […]

News Politics

Governors Reject Loan Requests, Electricity Tariff Soars by 240%, Mercy Chinwo Takes Legal Action: Weekly News Recap

Anger flared this week as Nigerians took to the streets to protest a staggering 240% increase in electricity tariffs imposed by the Federal Government. Meanwhile, the Debt Management Office remains under scrutiny as several state governors challenge its debt report, claiming inaccuracies. In another development, the impeachment proceedings against Philip Shaibu, the Deputy Governor of […]

Issues News Politics

“Impeachment Update: Shaibu’s Attorney Withdraws as Panel Presses Forward with Investigation”

Edo State Deputy Governor, Philip Shaibu The seven-member panel, headed by retired Justice S.A. Omonuwa and appointed by Edo State’s Chief Judge, Justice Daniel Okungbowa, opted on Wednesday to proceed with its investigation into allegations of gross misconduct against Deputy Governor Philip Shaibu. Despite objections raised by Shaibu’s counsel, Prof Oladoyin Awoyale (SAN), citing an […]

Issues News Politics

Updated: Tinubu Enacts Amendment Bill for Student Loans

President Bola Tinubu President Bola Tinubu, on Wednesday, officially enacted the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024. The bill had undergone thorough consideration by both the Senate and the House of Representatives, based on the report of the Committee on Tertiary Institutions and TETFund. In his remarks after signing […]

News Politics Technology

Presidency Deems Current Electricity Tariff Unfeasible

Federal Government Plans to End Electricity Subsidy for 15% of Consumers The Federal Government has unveiled intentions to eliminate electricity subsidies for 15% of consumers, aiming to trim its hefty N3.3 trillion expenditure and save approximately N1.1 trillion annually. This announcement was made by Bayo Onanuga, the President’s Special Adviser on Information and Strategy, to […]

Business News Politics

Naira Surges to N1,270 in Parallel Market

  Today, Tuesday, the Naira experienced an upturn, reaching N1,270 per dollar in the parallel market, marking a favorable shift from last week Thursday’s N1,290 per dollar. Likewise, in the NAFEM, the Naira saw an increase to N1,278.58 per dollar. According to data from FMDQ, the indicative exchange rate for NAFEM dropped to N1,278.58 per […]

Business News Politics

NNPCL Emphasizes Bridging Energy Access Gap for Nigeria’s Economic Advancement

“In efforts to close Nigeria’s energy access gap, Kyari highlights NNPC Ltd’s commitment to developing essential infrastructure for oil and gas delivery, aimed at fostering prosperity for Nigerians.” Nigerian National Petroleum Company Limited (NNPCL) logo The Nigerian National Petroleum Company Limited (NNPC Ltd) underscores the pivotal role of addressing the energy access deficit in fostering […]

News Politics

“King Charles Upholds Easter Sunday Tradition with Royal Family”

Britain’s King Charles III waves as he leaves St. George’s Chapel, in Windsor Castle, after attending the Easter Mattins Service, on March 31, 2024. (Photo by Hollie Adams / POOL / AFP) King Charles III, amidst his battle with cancer, made a notable appearance at an Easter church service on Sunday, accompanied by Queen Camilla. […]

Business Food News Politics

Obasanjo: Affordable Financing, Stable Policies Vital for Enhancing Food Production

Former President Obasanjo Urges Government Action on Cheap Credit and Policy Consistency for Food Production Boost Olusegun Obasanjo, Nigeria’s former president, has emphasized the critical need for the government to facilitate access to affordable credit and maintain policy consistency to empower farmers and enhance food production in the country. Obasanjo’s remarks come amidst growing concerns […]

Business News Politics

Touchdown: Air Peace’s Debut London Flight Sparks Enthusiasm

  Nigerians Celebrate as Air Peace Executes First Full London Flight Air Peace made history on Saturday with its inaugural full flight to London, utilizing a Boeing 777 for this landmark journey. The airline marked the occasion with a brief ceremony at the Muhammed International Airport (New Terminal), drawing notable figures like Festus Keyamo, Minister […]

Issues News Politics Technology

Federal Government Directs Rail Line Connection to Port Harcourt and Onne Ports

Minister of Transportation, Saidu Alkali Federal Government Orders Rail Line Connection to Port Harcourt and Onne Ports The Federal Government has instructed the linking of the Port Harcourt-Aba rail line, currently in the final stages of construction, to the Port Harcourt and Onne Ports in Rivers State to facilitate freight operations. Senator Saidu Alkali, the […]

Issues News Politics

NDDC Team Engages Foreign Scholarship Awardees in UK

  NDDC MD, Samuel Ogbuku The Niger Delta Development Commission (NDDC) has initiated the monitoring and evaluation of recipients of its Foreign Post Graduate Scholarship program to assess their academic advancement and well-being in the United Kingdom. Dr. Samuel Ogbuku, the Managing Director of NDDC, announced this during a meeting with the scholars from NDDC […]