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NEWS

LG poll: Kaduna electoral commission releases screening timetable

The Kaduna State Independent Electoral Commission has presented a timetable for the screening exercise for councillors and chairmanship candidates ahead of the local government election slated for October 19, 2024. This is contained in a timetable signed by Mrs Hajara Mohammed, Chairman of the Commission, issued in Kaduna on Friday. […]

todaySeptember 6, 2024 4

BUSINESS

Monthly fuel consumption drops by 18.5million litres after deregulation – FG

The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres, the Federal Government has said. It was, however, observed that after the removal of subsidy on petrol, following the pronouncement by President Bola Tinubu on May 29, 2023, PMS consumption reduced by an average of about 18.5 million litres daily in June. Data obtained on […]

todayJuly 10, 2023 66

NEWS

Cost of living: More Nigerians may join Japa train as hardship worsens

Strong indications have emerged more Nigerians may relocate from the country in 2023 and beyond as the nation’s socio-economic conditions worsen, and hope remains bleak. This came on the heels of the recent removal of fuel subsidy, further depreciation of the naira, impending increase in electricity tariff, and the introduction of Value Added Tax on diesel amid an already battered economy. The Nigerian economy has been exposed to numerous economic […]

todayJuly 10, 2023 15

NEWS

NACCIMA hails Tinubu’s emergence as ECOWAS Chair

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has congratulated President Bola Tinubu on his election as the Chairman of the Economic Community of West African States. NACCIMA’s President, Mr. Dele Oye, made this known via a statement released on Sunday in Lagos. Recall that Tinubu emerged as the Chairman of ECOWAS at the 63rd Ordinary Session of the regional bloc in Guinea Bissau. Oye said the […]

todayJuly 10, 2023 13

NEWS

Ministerial appointment: N’Assembly awaits nominees as Tinubu sends list to DSS, EFCC, others

Expectations on the ministerial list have heightened as President Bola Tinubu clocks over 40 days in office. By law, Tinubu is required to name his cabinet within 60 days after taking the oath of office on May 29 and transmits it to the Senate for confirmation. With less than 18 days to submit his cabinet list to the National Assembly as recommended by the constitution, lawmakers and other Nigerians are […]

todayJuly 10, 2023 18

BUSINESS

The Nigeria Deposit Insurance Corporation says the deposits of directors and staff of defunct banks are excluded from its Deposit Insurance Scheme.

The Nigeria Deposit Insurance Corporation says the deposits of directors and staff of defunct banks are excluded from its Deposit Insurance Scheme. This was disclosed during the Financial Literacy Day Programme organized by the NDIC on Monday in Abuja While discussing the mandate and the operations of the corporation, Spokesperson of the agency, Tanko Yahaya, noted that the Deposit Insurance Scheme does not cover insider deposits, among others.

todayJune 27, 2023 103

BUSINESS

Power distribution companies have stepped down on their earlier announcement of a tariff hike projected

Power distribution companies have stepped down on their earlier announcement of a tariff hike projected to take effect from July 1, 2023, as they stated that the Nigerian Electricity Regulatory Commission had yet to approve the hike. This is as various public notices from some of the Discos had stated that the electricity tariff would be raised by about 30 to 40 per cent for selected categories of consumers on […]

todayJune 27, 2023 97

SPORTS

Okocha dazzles in Ronaldinho’s legends match

Super Eagles legend, Austin Okocha, was in Florida on Friday to honour a legends’ game organised by former teammate, Ronaldinho, and again reminded fans of his mesmerising skills. Tagged ‘The Beautiful Game’ the second edition of the exhibition game in Orlando City was a reunion of former stars and current players and an assortment of other celebrities at Exploria Stadium. The teams were captained by Brazilians Ronaldinho and Roberto Carlos with Nigeria’s […]

todayJune 26, 2023 22

BUSINESS

FG seeks US support for energy transition

President Bola Tinubu, on Monday, in Abuja, called for an equitable balance between fossil fuel and green energy in the race for energy transition. He also urged the United States and other developed nations not to forget Nigeria and Africa’s challenge with poverty as the world transitions into clean energy. “The new energy we are talking about represents just 5 per cent of global energy requirements. We must find the […]

todayJune 20, 2023 17

NEWS

Gunmen kidnap Kogi monarch, wife

Suspected gunmen have kidnapped the Oba of Idofin, Shedrack Durojaiye Obibeni, and his wife in Yagba East Local Government Area of Kogi. They were kidnapped along Makutu-Idofin road in Kogi State at about 5 pm on Monday, according to a report by the News Agency of Nigeria. Confirming the incident, Mr Abdulrasak Asiru, Yagba East Local Government Council Chairman described it as “very shocking” and “sad”. Asiru said that he […]

todayJune 20, 2023 19

NEWS

PTDF shortlists 5000 Nigerians for foreign scholarships

The Petroleum Technology Development Fund said it has shortlisted over 5,000 applicants nationwide for the award of scholarships for the 2023/2024 academic session overseas scheme. The Head, Oversees Scholarship Scheme in the PTDF, Mrs Bolanle Kehinde-Agboola revealed this on Monday at a selected interview exercise for the shortlisted candidates for MSc and PhD postgraduate programmes. According to her, the selection interview was in continuation of the application process which commenced […]

todayJune 20, 2023 20

BUSINESS

Marketers struggle to raise N10bn for new petrol orders

Many depot owners may soon shut down their facilities due to the inability to meet the new financial requirement of about N10bn by the Nigerian National Petroleum Company Limited as the cost of lifting fuel from its ships, “NNPCL has enough stock in-country and we still buy from them pending when arrangements would be made for us to start ordering our products ourselves. Now, we have to raise about N10bn, […]

todayJune 8, 2023 65

BUSINESS

Subsidy: Shettima, govs to work on palliatives

As Nigerians grapple with the aftershocks of the fuel subsidy removal, President Bola Tinubu has directed the National Economic Council to come up with inputs on palliatives and  the minimum wage review as part of measures to cushion the pain of subsidy removal. This was as the Trade Union Congress said it was expecting the Federal Government to provide feedback on its demand for N200,000 minimum wage by June 19. […]

todayJune 8, 2023 100

NEWS

Senate presidency: Yari, Kalu’s leadership will be reliable, Northern leader tells Tinubu

A Northern leader, Dr Bashir Lamido, has said it will be easier for former Zamfara and Abia governors, Abdulaziz Yari and Orji Uzor Kalu, to win the Senate leadership election, saying the president, Bola Tinubu, would have a reliable National Assembly under their leadership. According to him, both lawmakers complement each other and would help President Bola Tinubu succeed in office. Lamido, while speaking with journalists in Abuja on Wednesday, […]

todayJune 8, 2023 43

BUSINESS

Foreign airlines plan meeting with FG over trapped funds

The Switzerland-based global airline body-International Air Transport Association-on Sunday warned that rapidly rising levels of blocked funds were a threat to airline connectivity in Nigeria and some affected countries. IATA disclosed that the industry’s blocked funds had increased by 47 per cent to $2.27bon in April 2023 from $1.55bn in April 2022.  “Airlines cannot continue to offer services in markets where they are unable to repatriate the revenues arising from […]

todayJune 5, 2023 110

SPORTS

Zlatan Ibrahimovic retires from football

Zlatan Ibrahimovic announced his retirement from football on Sunday after AC Milan’s final match of the Serie A season. “It’s the moment to say goodbye to football, not just to you,” said Ibrahimovic on the San Siro pitch following Milan’s 3-1 win over Verona. Ibrahimović is renowned for his acrobatic strikes and volleys, powerful long-range shots, and excellent technique and ball control. He is regarded as one of the greatest […]

todayJune 5, 2023 27

NEWS

Don’t set Nigeria on fire, APC chieftain tells El-Rufai

A chieftain of the All Progressives Congress in Plateau state, Samuel Kwamkur, on Sunday cautioned former Governor of Kaduna State, Nasir El-Rufai, not to set Nigeria on fire with his utterances Kwankur, who is a former National Director of the Christian Association of Nigeria, stated this at a press conference in Jos on Sunday. He was reacting to statements allegedly credited to the former Kaduna governor in which he allegedly […]

todayJune 5, 2023 119

SPORTS

Falconets eye goal fest against Benin

Sixteen-goal Super Falconets of Nigeria will be the favourites when they take on their counterparts from Benin Republic in the second semi-final of the ongoing WAFU B U20 Women Championship in Kumasi, Ghana on Wednesday (today). The encounter starts at 6.30pm local time (7:30pm in Nigeria), hours after the first semi-final between hosts Ghana and Burkina Faso at the same Baba Yara Stadium starting at 3 pm. Falconets’ Opeyemi Ajakaye […]

todayMay 31, 2023 43

SPORTS

Lagos, Ijebu-Ode to host Federation Cup semis

The Mobolaji Johnson Arena in Lagos and Otunba Dipo Dina Stadium in Ijebu-Ode will be the host venues for the semi finals of men’s edition of this year’s NFF/TINGO Federation Cup competition. Bendel Insurance FC and Warri Wolves will lock horns at the MJA on Lagos Island, and whichever side is able to climb higher on the land will be eligible to play for the prestigious trophy next month. Rangers […]

todayMay 31, 2023 30

POLITICS

Atiku presents 118 exhibits in case against Tinubu

A total of 118 exhibits have been presented before the five-member panel of the Presidential Election Petition Court by the candidate of the Peoples Democratic Party, Atiku Abubakar, in his case against President Bola Tinubu. Atiku and the PDP approached the tribunal to challenge the Independent National Electoral Commission’s declaration of Tinubu, who contested under the All Progressives Congress, as the winner of the February 25 election. Tinubu emerged as […]

todayMay 31, 2023 120

NEWS

Tinubu did not remove subsidy – Keyamo

The Chief Spokesman for the All Progressives Congress Presidential Campaign, Festus Keyamo, has said President Bola Tinubu did not remove fuel subsidy. According to him, a section of the media is “mischievously twisting the narrative to read that Tinubu’s government has removed subsidy,” despite President Tinubu proclaiming that subsidy was gone while giving his inaugural speech on May 29. Keyamo, who is also a former Minister of State for Labour, […]

todayMay 31, 2023 137

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