Why fuel importers will frustrate Dangote – Obasanjo

Former President Olusegun Obasanjo has said that those benefiting from the lucrative business of fuel importation are going to make efforts to frustrate the Dangote Petroleum Refinery. Obasanjo stated this in the wake of allegations by the President of the Dangote Group, Alhaji Aliko Dangote, that some ‘mafias’ were making efforts to frustrate the $20bn […]

Read more

Heed Tinubu’s call for dialogue, ECOWAS urges protesters

The Economic Community of West African States Commission has expressed concern over the ongoing protests in Nigeria, lamenting reports of violence, fatalities, and property destruction. It, therefore, urged protesters to heed the call for dialogue. The commission extended condolences to the families of those who have died and expressed sympathy with the Nigerian government and […]

Read more

BREAKING: Ogun to hold LG elections November 16

The forthcoming local government elections in Ogun State have been fixed for Saturday, November 16 2024. The Chairman of Ogun State Independent Electoral Commission, Mr Babatunde Osibodu, disclosed this in a statement signed by him and made available to journalists in Abeokuta on Tuesday. Osibodu, according to the statement, said, “Thursday, August 8, 2024, is […]

Read more

Naira appreciates 0.6% against dollar at official market

The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, showed that the Naira gained N9.93. This represents a 0.61 per cent gain when compared to the previous trading date […]

Read more

Global stock markets plunge on US recession fears

Wall Street stocks deepened their losses Monday and Tokyo had its worst day in 13 years as panic spread across trading floors over fears of recession in the United States, just as the Nigerian stock market dipped by 0.2%. Specifically, the benchmark index of the stock market, Nigerian Exchange Limited, NGX All Share Index, ASI  […]

Read more

Protests: Kaduna, Zaria boil; over N700bn lost in 5 days — ASBON, KACCIMA

The nationwide protest against hunger in the country turned riotous in Kaduna and Zaria yesterday, compelling the state government to declare a dusk-to-dawn curfew. Aside from Kaduna, the protest also continued in Lagos, Abuja, Jos, Benin, Kano, and Zamfara, despite President Bola Tinubu’s nationwide broadcast on Sunday. Meanwhile, losses to the economy have been estimated […]

Read more

Court jails pastor for raping member’s wife in Imo

An Imo State High Court presided over by Justice T.N. Nzeukwu has sentenced a pastor to eight years imprisonment for raping the wife of his church member. Pastor Desmond Eke, founder of Deliverance Ministry of the Good Shepherd, Umuihita Avu, Owerri West LGA Imo State was found guilty of taking advantage of the woman who […]

Read more
Title
.