The reinstated Deputy Governor of Edo, Philip Shaibu, said had his principal, Godwin Obaseki, been reasonable and spoken to him well, he (Shaibu) would have dropped his governorship ambition and allow the governor have his way in order to preserve their relationship. Shaibu, who described Obaseki as a dictator, said he became more resolved to […]
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Nigeria Imported $2.25bn Worth of Fuel from Malta in Nine Years Amid Dangote Allegations New data has revealed that Nigeria imported a staggering $2.25 billion worth of fuel from Malta in the last nine years, sparking fresh concerns about the country’s fuel supply chain. This development comes on the heels of allegations by billionaire businessman, […]
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DSS Warns of Violent Plot Behind Planned Nationwide Protest The Department of State Services (DSS) has issued a stern warning about a sinister plot to infiltrate a planned nationwide protest and instigate widespread violence. In a statement released on [date], the DSS said while peaceful protests are a constitutional right, intelligence gathered indicates that certain […]
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Ohanaeze Ndigbo President General, Iwuanyanwu, Dies at 82 Abuja, Nigeria – Renowned Nigerian statesman and President General of Ohanaeze Ndigbo, Chief Emmanuel Iwuanyanwu, has passed away. He was 82. Iwuanyanwu died on Thursday, July 25, 2024, after a brief illness, his son, Jide Iwuanyanwu, confirmed in a statement. “The Iwuanyanwu family of Umuohii Atta, in […]
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Popular Nigerian comedian Brain Jotter, the mastermind behind the viral “Gwo Gwo Gwo Ngwo” dance craze, finally met the iconic singer behind the song, Mike Ejeagha. This heartwarming reunion comes after Brain Jotter’s dance challenge using Ejeagha’s decades-old highlife hit sparked a social media phenomenon. Bringing a Classic Back to Life Brain Jotter’s […]
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The Corporate Affairs Commission (CAC) is cracking down on inactive businesses. In a recent statement, the CAC announced its intention to remove companies that haven’t filed annual reports in 10 years from its register. These companies are considered dormant or defunct and will be deemed dissolved if they fail to take action. Key points: Companies […]
… Report: Nigeria Imported $2.25bn Worth of Fuel from Malta in Nine Years Amid Dangote Allegations
Report: Nigeria Imported $2.25bn Worth of Fuel from Malta in Nine Years Amid Dangote Allegations
Nigeria Imported $2.25bn Worth of Fuel from Malta in Nine Years Amid Dangote Allegations New data has revealed that Nigeria imported a staggering $2.25 billion worth of fuel from Malta in the last nine years, sparking fresh concerns about the country’s fuel supply chain. This development comes on the heels of allegations by billionaire businessman, […]
… DSS Identifies Sponsors Behind Planned Nationwide Protest
DSS Warns of Violent Plot Behind Planned Nationwide Protest The Department of State Services (DSS) has issued a stern warning about a sinister plot to infiltrate a planned nationwide protest and instigate widespread violence. In a statement released on [date], the DSS said while peaceful protests are a constitutional right, intelligence gathered indicates that certain […]
… Ohanaeze Ndigbo President General, Iwuanyanwu, Dies at 82
Ohanaeze Ndigbo President General, Iwuanyanwu, Dies at 82 Abuja, Nigeria – Renowned Nigerian statesman and President General of Ohanaeze Ndigbo, Chief Emmanuel Iwuanyanwu, has passed away. He was 82. Iwuanyanwu died on Thursday, July 25, 2024, after a brief illness, his son, Jide Iwuanyanwu, confirmed in a statement. “The Iwuanyanwu family of Umuohii Atta, in […]
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I would’ve dropped gov ambition if Obaseki was reasonable – Shaibu
The reinstated Deputy Governor of Edo, Philip Shaibu, said had his principal, Godwin Obaseki, been reasonable and spoken to him well, he (Shaibu) would have dropped his governorship ambition and allow the governor have his way in order to preserve their relationship. Shaibu, who described Obaseki as a dictator, said he became more resolved to […]
… CAC to Clean Up Register: Over 100,000 Inactive Companies Face Delisting, Chisco, Zenon petroleum, others
CAC to Clean Up Register: Over 100,000 Inactive Companies Face Delisting, Chisco, Zenon petroleum, others
The Corporate Affairs Commission (CAC) is cracking down on inactive businesses. In a recent statement, the CAC announced its intention to remove companies that haven’t filed annual reports in 10 years from its register. These companies are considered dormant or defunct and will be deemed dissolved if they fail to take action. Key points: Companies […]
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Building Collapse in Lagos Leaves Three Dead, Two Injured
At least three construction workers were confirmed dead after a building under construction collapsed on Thursday, July 25th, at number 13 Wilson Mba Street, Arowojobe Estate, Maryland, Lagos State. Emergency responders, including the Lagos State Emergency Management Agency (LASEMA) and the Lagos State Fire Service, arrived at the scene shortly after receiving a distress call […]
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Shell finalizes deal to build gas pipelines in Oyó
According to the statement, the project will start with the construction of gas distribution infrastructure along a 15km pipeline route, adding that it will grow to deliver up to 60 million standard cubic feet of gas per day across the state. Shell Nigeria Gas, SNG, and the Oyo State Government have signed an agreement to […]
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Cardoso: CBN Has No Plans to Intervene in Forex Market, Remains Dedicated to Market-Driven Ex Rates
Cardoso: CBN Has No Plans to Intervene in Forex Market, Remains Dedicated to Market-Driven Ex Rates
Cardoso pointed out that liquidity was returning to the FX market, signalling growing confidence and activity in the Nigerian economy. THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday reiterated the apex bank’s stance of not intervening in the foreign exchange (FX) market, insisting that the regulator remains firm in […]
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FG begins disbursement of N200bn palliative loans
The Ministry of Industry, Trade and Investment has said it has begun disbursement of the Presidential Conditional Grant Scheme to verified applicants after an exhaustive selection process. The government, through the Bank of Industry, had said it would be disbursing three categories of funding totalling N200bn to support manufacturers and businesses across the country. In […]
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North Korea and Russia Forge Military Alliance to Provide Help to Each other if Attacked
North Korea and Russia Forge Military Alliance to Provide Help to Each other if Attacked North Korea and Russia revived their 1961 mutual defence pact, signing an agreement for military assistance in case of attack. In a move seen as a challenge to the West, North Korea and Russia signed a new agreement reviving a […]
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Pope Francis Urges G7 Leaders to Protect Humanity From Artificial Intelligence
Pope Francis warned G7 leaders against letting AI overpower humanity, emphasizing the importance of preserving human life and dignity. At the weekend’s Group of Seven summit, Pope Francis became the first pontiff to speak and cautioned world leaders against allowing artificial intelligence to ever triumph over humanity. The 87-year-old pope was greeted with warm embraces […]
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World Bank approves $2.25bn loan as Nigeria’s debt profile rises
The World Bank has approved a $2.25 billion loan facility for Nigeria to back President Bola Ahmed Tinubu’s economic reforms despite the rising debt profile in the country. Wale Edun, Minister of Finance disclosed this in a statement on Thursday. Edun said the loan is to fund two critical economy projects, Nigeria Reforms […]
… Viral Dance Challenge Reunites Comedian Brain Jotter with “Gwo Gwo Gwo Ngwo” Legend Mike Ejeagha
Viral Dance Challenge Reunites Comedian Brain Jotter with “Gwo Gwo Gwo Ngwo” Legend Mike Ejeagha
Popular Nigerian comedian Brain Jotter, the mastermind behind the viral “Gwo Gwo Gwo Ngwo” dance craze, finally met the iconic singer behind the song, Mike Ejeagha. This heartwarming reunion comes after Brain Jotter’s dance challenge using Ejeagha’s decades-old highlife hit sparked a social media phenomenon. Bringing a Classic Back to Life Brain Jotter’s […]
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Man Powers Home with Solar, Sells Electricity to Neighbor at N183 per KW
A resourceful Nigerian man has taken control of his electricity needs by installing a solar energy system with tubular batteries at his home is now selling out power. In a recent video, he showcased the system’s effectiveness, highlighting its ability to generate power even after a day of rain. Sharing the Power: The man’s innovation […]
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#Chivido2024: Davido and Chioma Tie the Knot in Lavish Ceremony
Afrobeat star Davido has wedded his long-time heartthrob Chioma Rowland in a lavish event attended by the crème de la crème of the entertainment industry and other top dignitaries. Nigerian superstar Davido and his longtime girlfriend Chioma Rowland have finally tied the knot in a star-studded ceremony held on Tuesday at Harbour Point in Victoria […]
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Latest News
Report: Nigeria Imported $2.25bn Worth of Fuel from Malta in Nine Years Amid Dangote Allegations
7 Signs You’re Not Drinking Enough Water
Is Water Your Best Friend? We all know water is essential for good health, but how do you know if you’re not drinking enough? You may think you’re drinking enough water, but if you spent most of the day with a cup of coffee by your side, you’re probably more dehydrated than you think. After […]
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A Brighter Future at the Grassroots? Examining the Supreme Court’s Ruling on Local Government Autonomy
A Brighter Future at the Grassroots? Examining the Supreme Court’s Ruling on Local Government Autonomy
Recent Supreme Court ruling granting financial autonomy to local governments (LGs) in Nigeria has sent shockwaves through the country’s political landscape. This landmark decision has the potential to be a game-changer for governance at the most crucial level – the level closest to the people. Let’s delve into the potential implications of this ruling on […]
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Nigerians Face Mounting Pressure as Food Prices Skyrocket
Nigerians Face Mounting Pressure as Food Prices Skyrocket This increase was driven by a surge in the price of Semovita, oat flake, prepackaged yam flour, garri, beans, Irish Potatoes, yam, water yam, palm oil, vegetable oil, stockfish, mudfish, crayfish, beef head, live chicken, pork head, and bush meat. Nigerians are feeling the pinch of relentless […]
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Interview With Paul Onwuanibe MD/CEO~ Landmark Africa
It is our duty, as Nigeria’s business magazine of repute, to identify business rockstars of Nigerian make and shout their fames to the world. In this section, we went the entire stretch of the real estate ecosystem, unearthing some of the rarest industry gems you will ever come across, with Paul Onwanibe, an African business […]
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2025 Africa Cup of Nations Draw: Nigeria Join Morocco, South Africa, and Senegal in Pot 1
The Confederation of African Football (CAF) has ranked Nigeria as one of the top teams for the 2025 Africa Cup of Nations (AFCON) after unveiling the top seeds for the qualifying draws. CAF has placed the Super Eagles alongside 11 other top African countries in pot one ahead of the draw ceremony, scheduled to be […]
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Anthony Joshua Confirms Next Fight
Anthony Joshua Confirms Next Fight Joshua’s return to the ring is slated for September, with the iconic Wembley Stadium set to be the battleground. Boxing fans are on the edge of their seats as former heavyweight champion Anthony Joshua inches closer to revealing his next opponent. While speculation swirls around a potential face-off with fellow […]
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Unstoppable! Tobi Amusan wins fourth straight national 100m hurdles title
Unstoppable! Tobi Amusan wins fourth straight national 100m hurdles title This victory serves as a strong springboard for Amusan’s ambitions at the upcoming Paris 2024 Olympics Nigerian sprinter Tobi Amusan, the reigning World Champion, continued her dominance in the women’s 100m hurdles by securing her fourth consecutive national title at the national trials on Monday. […]
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Sports Minister introduces Finidi George as Super Eagles’ Head Coach.
The Minister of Sports Development, John Enoh, has unveiled Finidi George as the new head coach of the Nigerian men national team, the Super Eagles. The Minister unveiled the former Super Eagles forward at an event in Abuja attended by the leaders of the Nigerian Football Federation (NFF) on Monday morning. Nigeria’s Sports Minister, John […]
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BREAKING: Activities at NASS totally grounded over strike action
Workers of the National Assembly who were denied entrance could be seen in clusters discussing the development. Following the commencement of indefinite strike declared by the Nigeria Labour Congress, NLC and the Trade Union Congress, TUC, activities in the National Assembly have been grounded as at morning hours. The second gate to the complex has […]
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Emirship Dispute: Kano Deputy Gov Apologizes to Ribadu, Withdraws Allegations.
“We have to acknowledge that we have been misled into believing that the NSA was behind the happenings along this line,” Aminu Gwarzo said. Kano State Deputy Governor, Aminu Gwarzo, has retracted his statement accusing the National Security Adviser (NSA), Nuhu Ribadu, of interfering in the Kano emirate tussle. At a press conference late Sunday, […]
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Kano Assembly Passes Bill Dissolving Five Emirate Councils
The significant move came as the Kano State Emirate Council Amendment Bill was considered and passed after successfully scaling its second and third readings. The Kano State House of Assembly has officially passed a bill dissolving all five emirate councils in the state. This decision followed deliberations on the floor of the house during a […]
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INEC Set To Train 794 CSO Officials Ahead Of Edo, Ondo Governorship Elections
Prof Yakubu urged the CSOs, to upload their applications and data on the INEC portal for accreditation. In continuation with its engagement with relevant stakeholders ahead of the forthcoming Edo and Ondo States governorship election, the Independent National Electoral Commission, has announced its preparedness to train 794 Civil Society Organisations officials. The Commission’s Chairman, Prof. […]
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Shoprite Announces Closure of Wuse Abuja Store, Blames Business Climate
Shoprite Blames Business Climate for Abuja Store Closure Shoppers in Abuja will soon have one less shopping option as Shoprite has announced the closure of its store located in the Wuse area, effective June 30th, 2024. The decision comes after a “thorough evaluation of the store’s financial situation and the current business climate,” according to […]
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Owner of Chinese supermarket in Abuja breaks silence: I feel scared
But in her defence, Bei stated that she sells to residents, workers, and visitors who come to her store after visiting the office building, regardless of nationality. The owner of a Chinese supermarket located in Abuja, which faced criticism for limiting entry to Nigerians while favoring Chinese nationals, has denied allegations suggesting that her […]
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NNPCL and Partner Commence Oil Production at OML 85, Aiming for 20,000 BPD
Mr Mele Kyari, described the commencement of oil production at the Madu Field as a significant milestone that will contribute to the larger goal of meeting the production required to drive revenue growth and boost the nation’s economy. The Nigerian National Petroleum Company Limited and its Joint Venture partner in OML 85, First Exploration and […]
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Minimum Wage: I Will Approve What Nigeria Can Afford, Says Tinubu
He stated this on Wednesday at a dinner to mark Nigeria’s 25 years of unbroken Democracy in Abuja. President Bola Tinubu says he will approve the government can afford as the new minimum wage for workers in the country. He stated this on Wednesday at a dinner to mark Nigeria’s 25 years of unbroken […]
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June 12: President Tinubu full speech
Tinubu My fellow Nigerians, let me begin by congratulating all of us for witnessing the celebration of another Democracy Day today, the 12th day of June 2024. This year also marks our nation’s 25 years of uninterrupted democratic governance. On this day, 31 years ago, we entered our rites of passage to becoming a […]
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‘I’m determined to succeed, make Nigerians happy’ – Tinubu
Tinubu said ensuring that Nigerians become prosperous remains the cardinal objective of his administration. President Bola Tinubu on Thursday expressed the determination of his administration to succeed and ensure Nigerians are happy. Tinubu said ensuring that Nigerians become prosperous remains the cardinal objective of his administration. He spoke during the inauguration of the Wuye Bridge […]
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Tinubu To Present 2024 Supplementary Budget To NASS soon.
President Bola Tinubu will soon present the 2024 Supplementary Budget to the National Assembly (NASS). “I submitted the last budget to you,” the President said when he addressed a joint sitting of the National Assembly on Wednesday. “You expeditiously passed it. We are walking the talk. I will soon bring the Year 2024 (Supplementary) Appropriation […]
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Court Declares 33 Ondo LCDAs Created By Akeredolu Illegal
An Ondo State High Court sitting in Akure, the state capital, has declared the creation of the 33 Local Council Development Areas (LCDAs) by the late Governor Oluwarotimi Akeredolu as unconstitutional and illegal. Ondo state high court ruling has thrown the legality of Ondo State’s newly created Local Council Development Areas (LCDAs) into question. Justice […]
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Rivers in Crisis: 2 Killed, Police Takeover 23 LG Secretariats
Police Takeover 23 Local Government Secretariats in Rivers The crisis stems from the expiration of the three-year tenure of local government chairmen on Monday. Escalating tensions in Rivers State have led the Rivers State Police Command to take over all 23 Local Government Council Secretariats and critical government infrastructure. This action follows the tragic deaths […]
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EFCC denies brutality during Akure raid, says video evidence is false.
Oyewale confirmed that the commission arrested 127 suspected internet fraudsters in a simultaneous raid on two clubs in Akure on Saturday, but denied using tear gas or brutalizing any suspects. The Economic and Financial Crimes Commission (EFCC) has denied allegations of brutality during a recent sting operation in Akure, Ondo State. In a statement […]
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Why there is no electricity supply in Nigeria – TCN
According to TCN, the striking workers under the umbrella National Union of Electricity Employees deliberately shut down the national grid at about 02:19 am on Monday. The Transmission Company of Nigeria has explained that the Organised Labour shut down the National grid over indefinite strike action. Ndidi Mbah, General Manager, Public Affairs at TCN […]
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Nigeria’s Economy Can Be Turned Around in Months – Dangote
Mr Aliko Dangote, says Nigeria has all it takes to turn its economy around within months. Aliko Dangote, President of Dangote Industries Limited, expressed optimism about Nigeria’s economic prospects during a briefing on Thursday after President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC). The PECC, a body comprised of government officials, private sector […]
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Retirees in Limbo: As FG Fails to Pay Pensions
Nigerian Pensioners Face Delays Due to Unpaid Government Obligations Nigeria’s Pension Fund Administrators (PFAs) are facing mounting pressure from retirees due to the federal government’s delay in paying accrued pension rights. This has left many new retirees without access to their pensions, despite having contributed funds throughout their careers. The root of the problem lies […]
… Nigerians Face Mounting Pressure as Food Prices Skyrocket
Nigerians Face Mounting Pressure as Food Prices Skyrocket This increase was driven by a surge in the price of Semovita, oat flake, prepackaged yam flour, garri, beans, Irish Potatoes, yam, water yam, palm oil, vegetable oil, stockfish, mudfish, crayfish, beef head, live chicken, pork head, and bush meat. Nigerians are feeling the pinch of relentless […]
… Analysts believe World Bank’s $2.25 billion loan will help stabilize the Nigerian naira
Nigeria received a $2.25 billion loan from the World Bank to boost its economy and support the poor. This is expected to help the struggling Nigerian naira currency. The naira has lost around 70% of its value in the past year. Analysts believe the loan will increase the dollar supply in Nigeria, strengthening the naira. […]
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Elon Musk Discloses Plans to Charge for posts by New X users
Musk further revealed that new users would be granted free posting privileges after a three-month period. The owner of microblogging platform, X, Elon Musk has disclosed plans to charge new users for posting on the platform. While responding to questions on the new X’s policy for newly created accounts, Musk said charging new users is […]
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National Grid Collapses Again For The Fifth Time In 2024
Nigeria has witnessed its fifth power grid collapse of 2024, Nigeria has witnessed its fifth power grid collapse of 2024, as electricity generation on the system collapsed from 2,583.77MW at 2am on Monday to 64.7MW around 3 am. This is the Fifth collapse in the year 2024. Nigeria generates an average of 4,000MW of electricity […]
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Nigerian Government Takes Legal Action Against Binance Executive Over Alleged Tax Evasion
Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, Appears in Federal High Court Abuja Facing Charges of Tax Evasion The Federal Government is set to arraign Binance Holdings Limited and it Executives, Tigran Gambaryan and Nadeem Anjarwalla, for Alleged Tax Evasion Charges Tigran Gambaryan, one of the defendants, appeared at the court at 9:15 am on […]
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Guinness World Record: Atiku and Sanwo-Olu messsage to Nigerian Chess Master, Tunde Onakoya
Guinness World Record: Atiku and Sanwo-Olu messsage to Nigerian Chess Master, Tunde Onakoya
“Dear @Tunde_OD, I join millions of Nigerians at home and abroad in wishing you the best in your quest to break the Guinness World Record for the Longest Chess Marathon. Your can-do spirit thus far has been truly inspirational. I am rooting for you to break new ground. -AA.” Atiku Abubakar, the former vice-president, […]
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