Nigeria’s annual inflation rate eased for the first time in five months after a persistent rise. Inflation rate eased to 33.40 per cent in July 2024 compared to 34.19 per cent in June, the National Bureau of Statistics (NBS) announced Thursday. According to the NBS, the July headline inflation rate showed a decrease of 0.8…
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave the directive in a circular to banks on Friday titled ‘Mystery shopping & spot checks on cash disbursement activities of deposit money banks (DMBs)”. In the circular signed by Solaja Olayemi, acting director, currency operations…
A magistrates’ court sitting in Ado-Ekiti, the Ekiti State capital, has granted N30 million bail to embattled lawyer and human rights activist Dele Farotimi. At the hearing of the bail application on Friday, Magistrate Abayomi Adeosun ruled in favour of Farotimi’s bail request. The magistrate stipulated that ‘The bail conditions included two responsible sureties…
Eight members of the House of Representatives on Tuesday announced their defection from their political parties to new ones. Six lawmakers from Delta State formally dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC), while two lawmakers from Enugu State left the Labour Party to join the PDP. Their defection letters were…
A soldier of the Nigerian Army has been shot dead by a mobile police inspector while intercepting a truck suspected to be conveying solid minerals from an illegal mining site in Futuk, Alkaleri Local Government Area of Bauchi State. According to Zagazola Makama, a counter insurgency reporter, the incident occurred on Aug. 25 at about…
A former Speaker of the House of Representatives, Aminu Tambuwal, has declared that he would rather support former Vice President Atiku Abubakar than Minister of the Federal Capital Territory, Nyesom Wike, to become the country’s leader. Speaking during a current affairs programme, Politics Today, on Channels Television, on Friday, Tambuwal, who also served as Governor…
Influencer Papaya Ex has addressed controversy at Priscilla Ojo’s wedding by wearing a custom-made dress featuring the bride’s husband Juma Jux’s photo on her chest. In an interview with Egungun, Papaya Ex explained that she placed Juma’s photo on her chest because she thought it was the right spot, adding that Nigerians tend to criticise…
Angry protesters trooped to the residence of ex-President Muhammadu Buhari in Daura, his hometown in Katsina State, on Thursday. The protesters, in their numbers, joined the #EndBadGovernance nationwide demonstration. The protest turned violent in some states, leading to deaths and forcing at least three governors to declare curfew. The mob which attempted to break into…
In a distressing incident that has captured widespread attention online, a husband discovered his wife, a teacher, in a compromising situation with one of her students in their matrimonial home. The shocking video footage, which has since gone viral, raises serious concerns about inappropriate relationships between educators and students. The video shows the husband confronting…
Self-proclaimed Obi of Lagos, identified as Chibuike Azubike, alongside three others, are in police custody over alleged arrangements to perform an illegal installation ceremony slated for Saturday in Amuwo Odofin. In a statement on Wednesday, the deputy spokesperson for the state police command, Babaseyi Oluseyi, said the venue, also billed for the unveiling of a…