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NEWS

Yoruba Nation: Security beefed up in South West Govt Houses

GOVERNMENTS and security agencies in the South-West states have beefed up security around government structures and institutions, with machinery put in place to forestall the breakdown of law and order by any group forcing an agenda on the states. Also, security agencies have warned that they would curtail any form of insecurity, adding that anyone parading himself as a Yoruba Nation agitator should either toe the path of peace or […]

todayApril 15, 2024 9

ENTERTAINMNET

NiMet predicts unstable weather conditions in the north, south

The Nigerian Meteorological Agency has predicted dry, sunny conditions in the north and thunderstorms in the south on Monday. According to a report by NiMET, as Monday morning dawns, the weather forecast indicates a continuation of dry and sunny conditions in the northern parts of Nigeria. However, patches of clouds are expected to blanket the central cities extending down to the southern region. The report stated, “We equally have the […]

todayApril 15, 2024 9

NEWS

External reserves drop by $950m in 17 days — CBN report

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up efforts aimed at defending the naira. On March 18, 2024, the FX reserves stood at $34.45bn, but by April 3, it had dropped to $33.50bn, based on the latest data from the CBN. Before the current decline, the reserve had been steadily growing, witnessing a remarkable […]

todayApril 8, 2024 37

NEWS

Forced friendship: Wike, Fubara square up again as Villa’s peace deal crumbles

IT is no longer news that the peace pact between the Rivers State Governor, Siminalayi Fubara, and his predecessor and estranged political godfather, Nyesom Wike, has collapsed, following the intervention in October 2023 by President Bola Tinubu, in the wake of the escalating political crisis in the crude oil and gas-rich state. The Minister of the Federal Capital Territory, Nyesom Wike, during a media chat in Abuja on Tuesday, April […]

todayApril 8, 2024 21

NEWS

NiMet predicts three-day sunshine, thunderstorms from Monday

The Nigerian Meteorological Agency has predicted sunshine and thunderstorms from Monday to Wednesday. NiMet’s weather outlook released on Sunday in Abuja, forecast sunny and hazy atmosphere over parts of Yobe and Borno states on Monday, with chances of thunderstorms over part of Kebbi. According to NiMet, the remaining parts of the North should be sunny with patches of cloud during the morning periods. “Later in the day, isolated thunderstorms are […]

todayApril 8, 2024 33

NEWS

Kano govt charges Ganduje, wife with $413,000, N1.38bn bribery

The Kano State Government has filed criminal charges against the immediate past governor, Abdullahi Ganduje, over alleged $413,000, N1.38bn bribery. The state said it had assembled 15 witnesses to testify against Ganduje. Joined as co-defendants in the charge sheet dated April 3, 2024, sighted by our correspondent on Thursday, were Ganduje’s wife Hafsat, and his son, Umar. Also listed as defendants were Jibrilla Muhammad, Lamash Properties Ltd,  Safari Textiles Ltd […]

todayApril 5, 2024 6

NEWS

12 states plan power projects, anger spreads over tariff hike

Lagos, Kano, and 10 other states have concluded plans to start generating power in their respective states in conformity with the Electricity Act 2023. it was gathered on Thursday that some of these states had established their electricity market laws and were waiting for the approval of the Nigerian Electricity Regulatory Commission to have independent regulatory bodies different from the NERC owned by the Federal Government. As the states stepped […]

todayApril 5, 2024 25

BUSINESS

Naira crash pushes raw material imports to N3tn – NBS report

Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of Statistics. The major raw materials imported during the period included cane sugar, other lubricating oils meant to be mixed further, preparations of milk containing vegetable fats and oils, mixtures of odoriferous substances, sheets for veneering, among others. Conversely, Nigeria […]

todayApril 5, 2024 6

NEWS

Impeachment: Shaibu gets final chance to open defence

The Deputy Governor of Edo State, Philip Shaibu, on Thursday, failed to show up to open his defence before the seven-man panel probing allegations of perjury and leaking the government’s secrets against him. The retired Justice S. A. Omonuwa-led panel, which had its inaugural sitting on Wednesday in Benin, had adjourned till Thursday for Shaibu to open his defence. The Edo State House of Assembly, which is the petitioner in […]

todayApril 5, 2024 10

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