President Bola Ahmed Tinubu has assured Nigerians that their sacrifices won’t be in vain, saying the gains of his economic reforms will begin to manifest soon. Tinubu said this on Wednesday while delivering his speech at the presentation of the N47.9 trillion 2025 Appropriation Bill to the joint session of the National Assembly. The President,…
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has announced that there will be another oil licensing bid round in 2025. Komolafe made this statement on Wednesday at the 2024 Licensing Round Commercial Bid Conference in Lagos. This comes as the commission nears the end of the 2024 licensing round. According…
The Minister of Aviation and Aerospace Development, Festus Keyamo, said that the Fly Nigeria Act will transform into law under his watch. The minister said the document, which is expected to make it mandatory for government-financed air transportation of government personnel, contractors, grantees, and properties to be carried by Nigeria Air Flag Carriers, would soon…
A plot to assassinate Pope Francis during a trip to Iraq was stopped following a tip-off from British intelligence, according to his upcoming autobiography. The Pope writes that, after landing in Baghdad in March 2021, he was told an event at which he was set to appear was being targeted by two suicide bombers. Both…
The Central Bank of Nigeria (CBN) has set a daily transaction cap of N1.2 million for Point of Sales (PoS) agents. This information was shared in a circular titled ‘Circular on Cash-Out Limits for Agent Banking Transactions,’ issued on Tuesday. The CBN stated that this measure supports its goal of promoting a cashless economy. The…
In a startling revelation, a former Minister of Youth and Sports, Barrister Solomon Dalung, has admitted that the immediate-past Muhammadu Buhari-led administration misled Nigerians during its eight-year tenure. Dalung made the confession during an interview on the ‘Mic On Podcast’ with popular TV achor, Seun Okinboloye. Dalung, a member of the Federal Executive Council (FEC)…
The notorious bandit leader, Bello Turji has issued a series of threats following the arrest of his close associate, Bako Wurgi. Wurgi is a key lieutenant in Turji’s camp and is instrumental in ransom negotiations and collections of hostages captured. Security analyst and Counter-insurgency in Lake Chad, Zagazola Makama, said Wurgi’s arrest infuriated Turji. Makama…
The National Bureau of Statistics has revealed that Nigerians paid a total of N2.23tn as ransom over the 12 months between May 2023 and April 2024. This sum was paid by households affected by kidnapping incidents, highlighting the growing threat posed by criminal activities in the country. According to the NBS’s latest Crime Experience and…
Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja, has sentenced a businesswoman, Oluremi Phillips to 17 years imprisonment for N57,690,000 ( Fifty Seven Thousand, Six Hundred and Ninety Naira) fraud. Philips was previously standing trial before Justice S.O. Solebo of the Special Offences Court sitting in Ikeja, Lagos, following her arraignment…
The Federal Government has approved N30 billion grant to 30 public universities of agriculture to immediately begin mechanised farming. The government also announced the approval of the sum of N17 billion to 18 medical schools to train healthcare professionals, including medical doctors, dentists, pharmacists, and nurses across the country. Minister of Education, Dr Tunji Alausa,…
