President Bola Tinubu has approved the request of the Nigerian National Petroleum Company Limited (NNPCL) to use the 2023 dividends due to the federation to pay for petrol subsidy, according to TheCable. The president also approved the suspension of the payment of 2024 interim dividends to the federation in order to augment the oil firm’s…
GISTSMATE MEDIA reports that the Rector of the Federal Polytechnic, Ilaro, Ogun State, Dr Mukail Akinde, on Friday said the institution is planning to have a mini assembly plant for the production of its newly invented electric automated tricycle. Akinde also called on the Federal Government as well as corporate organisations especially in the manufacturing…
The General Overseer of Deeper Life Christian Church, Pastor William Kumuyi has called on Christians and Muslims in the country to ignore religious segregation and collaborate to change Nigeria for the better. The pastor stated that there was a need for the adherents of the two religions to see themselves as a people created by…
South African Dricus du Plessis defended his UFC middleweight title on Sunday after a fourth-round submission win over bitter rival Israel Adesanya in a blockbuster bout at Perth Arena. In the main event of UFC 305, du Plessis appeared to be flagging against the two-time former champion before a spectacular takedown of Adesanya solidified his…
Paul Okoye, better known by his stage name Rudeboy, has announced the separation of the singing duo PSquare for the second time. In an interview with City FM Lagos on Thursday, Rudeboy narrated the circumstances leading to the breakup, offering a glimpse into the internal conflicts in the group. The twins, Paul and Peter Okoye,…
Popular Nollywood star and film producer, Nkechi Blessing has caused a stir online after she shared her staggering bride price list. She took to her Instagram page to repost a photo capturing the list of items that a netizen had written as her bride price. The list contained such items as 200 cows, 200 bags…
The National Youth Service Corps (NYSC) says the monthly stipends for corps members will be increased as soon as the federal government implements the new minimum wage. In July, the organised labour sector accepted N70,000 as minimum wage following negotiations with the federal government. The bill increasing Nigeria’s minimum wage from N30,000 was passed at…
Rivers Governor, Siminalayi Fubara, has directed all 23 local government chairmen in the state to contest the forthcoming local government elections under the banner of the All People’s Party (APP). The decision comes in the wake of Governor Fubara losing control of the People’s Democratic Party (PDP) structure in Rivers State to former governor and…
The Nigerian National Petroleum Company Limited (NNPCL) says foreign exchange illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), popularly known as petrol. These, it said, are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA). GISTSMATE MEDIA reports that the newest…
The Nigeria Police Force has reacted to the outrage of many Nigerians over the display of ‘ransom money’ by some bandits on social media. In the past week, Nigerians have been infuriated with the blatant display of cash by some bandits who took to social media to pose with some of the money obviously proceeds…
