The Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu has announced that none of the 31 requests for state creation in Nigeria have met the constitutional requirements for consideration. Kalu, who also chairs the House Committee on the Review of the 1999 Constitution, made this known on Friday during a two-day retreat…
LThe National Association of Nigerian Colleges of Education Students (NANCES) has called for the immediate rescind of the recently reviewed price of the Premium Motor Spirit, popularly known as petrol. In a statement released on Wednesday, 4th September 2024, Comrade Kur Isaac Ushahemba, the Senate President of the organization, said the obnoxious increment of PMS…
Tesla Inc. shares reportedly tumbled by over 14 percent on Thursday, as the public feud between Elon Musk, the company’s chief executive officer (CEO), and President Donald Trump rattled investors. The development was said to have resulted in a $150 billion loss in the automaker’s market capitalisation. Musk, who previously led the department of government…
The Police at Lion Building have arrested Mrs Sadiku Ruth Olubunmi, a 39-year-old banker with Seedwest Limited on Balogun Street, Lagos Island, over allegations of stealing ₦116 million from customers’ accounts. Olubunmi is accused of forging documents, including a letterhead of Towade Global Business Ventures, purportedly bearing the signature of Mrs Adelakun Funke, to fraudulently…
Nigeria has raised $2.2 billion through its latest Eurobond auction, marking a pivotal moment in the country’s ongoing efforts to address its growing fiscal deficit. This auction, which saw the issuance of two bonds with varying tenors, follows the government’s return to the international capital markets for the first time since March 2022. The funds…
An official of the Economic and Financial Crimes Commission (EFCC) has been found dead on the street of Lagos state. In a viral video shared online, the official simply identified as Sylvanus was dressed in a burgundy traditional attire and lying lifeless on the road. He was also surrounded by some Nigerians including two police…
The Rivers State Government has expressed concerns over a bleak future for its people, citing the uncooperative stance of the Hon. Martins Amaewhule-led Rivers State House of Assembly. The government claims this is obstructing the full implementation of the Supreme Court’s judgment on the ongoing political crisis in the state. The statement was made on…
The Nigerian Communications Commission (NCC), on Tuesday, engaged stakeholders in a forum to address the growing concerns surrounding unclaimed and unutilised subscriber recharges. The News Agency of Nigeria (NAN) reports that the forum was a major regulatory step towards protecting telecom consumers while ensuring operational clarity for service providers. The Executive Vice-Chairman of NCC, Dr…
Deputy Speaker of the House of Representatives, Benjamin Kalu has said that none of the 30 proposals for new states met the requirements of Section 8 of the Constitution. Kalu, in a statement issued Friday by his media office, clarified that the parliament has not taken a position on the issue. He explained that to…
Hyacinth Alia, governor of Benue state, has appealed to the federal government to urgently address the worsening insecurity in the state. The governor made the call on Saturday during a visit to the scenes of recent attacks in the state, as the death toll from the attacks by suspected armed militia in Ukum and Logo…