Eagle-eyed operatives of the Department of State Services have arrested criminal elements who diverted 1200 bags of rice which the federal government sent to Katsina State. Beyond the diverted rice, the saboteurs also diverted 48 bags of rice kits. The Spokesman for the DSS, Dr. Peter Afunanya, gave the figure at a press briefing…
In a dramatic turn of events, President Bola Tinubu on Tuesday ordered the recall of top executives of the Nigerian Television Authority (NTA), reversing management changes that had unsettled Africa’s largest TV network. The President directed the immediate return of Mr. Salihu Abdullahi Dembos as Director-General of the NTA. Dembos, who was first appointed in…
Former Vice President Atiku Abubakar recently hosted the 2023 Labour Party presidential candidate, Peter Obi, at his residence in Adamawa State. Atiku disclosed this in a video shared on X.com on Saturday. His caption read, “It is breakfast time with my friend, #PeterObi, in the ‘land of beauty.” Atiku hosts Peter Obi in Adamawa Atiku…
President Bola Tinubu has on Thursday signed the four tax reform bills recently passed by the National Assembly into law. Tinubu gave the presidential assent to the bills during a short ceremony at the Presidential Villa, attended by the leadership of the National Assembly and some legislators, governors, ministers, and aides of the President. The…
Oracle co-founder, Larry Ellison, has toppled Elon Musk to become the world’s richest person, ending the Tesla boss’s nearly year-long reign at the top of the Bloomberg Billionaires Index. Bloomberg reports that Ellison’s fortune surged by a record $101bn on Wednesday after Oracle reported quarterly results that beat expectations and signalled further growth in its…
Over 1,000 women, including petty traders, vulnerable and persons living with disabilities from various communities across Anambra State, have received the recapitalisation grant of N50,000 each from Nigeria’s First Lady, Oluremi Tinubu’s Renewed Hope Initiative Economic Empowerment Programme. The First Lady had on Thursday, unveiled a recapitalisation grant for 37,000 women petty traders across the…
The World Bank, yesterday, described the Budget 2025 key assumptions of 2.1 million barrels per day oil production and $73 per barrel price as ambitious given the current production level of 1.6mbpd and $60pb price at the international market. The Federal Government however disagreed, saying that the assumptions were based on the potentials of the…
Rivers State Governor, Siminalayi Fubara, has stated that he will be the greatest loser in the forthcoming local government elections, as the Peoples Democratic Party (PDP) will not be participating in the polls in the state. He made the remarks while addressing Rivers political stakeholders, who gathered at the Government House in Port Harcourt on…
Nigeria’s fuel supply is set to increase as the Federal Government, through the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA) has granted licenses to nine modular refineries, seven construction licenses, and four operational licenses. The development was announced by Farouk Ahmed, CEO of NMDPRA, at the 2024 Oil Trading & Logistics Africa Downstream Energy Week…
A former Minister of Power, Saleh Mamman has been arraigned by the Economic and Financial Crimes Commission, EFCC, for an alleged N33.8billion fraud. During the arraignment, EFCC presented its first witness, Abubakar Kweido. Recall that Mamman was arraigned on Thursday, July 11, 2024, on 12-count charges bordering on conspiracy to commit money laundering to the…