The federal government said it has fully allocated the N75 billion Manufacturing Sector Fund (MSF) set aside to support manufacturing businesses under the N200 billion Presidential Intervention Fund initiated by President Bola Tinubu. Senior Special Assistant to the President on Public Engagement, Fredrick Nwabufo, disclosed this while giving an update on the status of the…
GISTSMATE MEDIA reports that death has rocked Nollywood again, with the death of Yoruba actor, Yusuf Olorungbebe. The actor died after battling with a chronic ailment. . Yusufās death was announced Wednesday morning by popular actress Foluke Daramola on Instagram. We lost YUSUF OLORUNGBEBE. We submit to Godās will. Thank you everyone!ā She wrote. This…
The Senate on Thursday, November 21, approved President Bola Ahmed Tinubuās request for a new eternal borrowing of N1,767,610,321,779.00 or (USD2.209billion in the 2024 Appropriation Act. The resolution of the Senate followed its consideration of the report of the Senate Committee on Local and Foreign Debt and the approval of its recommendations by the Senate…
Soldiers attached to the Ojo Cantonment Barracks led by a yet-to-be-identified colleague, who was accosted for driving against the traffic around Volks Bus Stop, along the Ojo Iyana Iba Road area of Lagos State have stabbed a policeman, Saka Ganiyu, to death. PUNCH Online gathered that the soldier, who was not wearing his uniform, while…
The Economic Community of West African States (ECOWAS) on Wednesday expressed āstrong condemnationā of jihadist attacks which a day earlier hit the capital of Mali whose junta says it is quitting the regional body. The ECOWAS said in a statement that it āwishes to reaffirm its condemnation of any terrorist attack which threatens the peace…
Controversial crossdresser Idris Okuneye, popularly known as Bobrisky, has allegedly revealed that he never spent a day in prison after he was convicted and sentenced to jail for naira abuse in April 2024. He disclosed this in a voice recording released by influencer, VeryDarkMan on Tuesday night. According to the voice recording, Bobrisky also admitted…
Nigeriaās headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a decrease of 1.25 percentage points. This represents the second consecutive monthly slowdown in inflation after easing in the previous month. This is according to the Consumer Price Index (CPI) report published by the National Bureau…
An Edo State High Court in Benin has ordered the reinstatement of the suspended 18 local government chairmen and vice chairmen in the state. The presiding judge, Justice Efe Ikponmwonba, granted the order following a suit instituted by the affected chairmen and vice chairmen. The court however restrained Governor Monday Okpebholo and Edo State Government,…
Dangote Petroleum Refinery says the claim by the Nigerian National Petroleum Company (NNPC) Limited that the refiner sold petrol at N898 per litre is misleading. In a statement on Sunday by Dangote Group, the company described the statement by NNPC as āmischievousā. GISTSMATE MEDIA earlier reported that NNPCL said it purchased fuel at N898 per…
President-elect Donald Trump on Sunday pledged to āstop the transgender lunacyā on day one of his presidency, as Republicans ā set to control both chambers of Congress and the White House ā continue their push against LGBTQ rights. āI will sign executive orders to end child sexual mutilation, get transgender out of the military and…