Gov Mbah Salutes Valiant D’Tigress

The Governor of Enugu State, Dr. Peter Mbah, has hailed the Nigeria women national basketball team, D’Tigress, for their great outing at the Paris Olympics, saying they put up a courageous performance against the most successful female national basketball team, the USA. Mbah also restated his administration’s determination to position Enugu State’s sports sector as … [Read more…]

After Tinubu’s Official X Handle Shares Clip Misleadingly Released As Recent Broadcast, Onanuga Says It’s “Not a New Video”

A trending video of President Bola Tinubu, in which he acknowledges the economic hardships caused by the removal of subsidy but emphasises that the government is working diligently to implement plans for a brighter future, has been confirmed by his media aide, Bayo Onanuga, to be an old clip. Leading many Nigerians and reputable media … [Read more…]

Again Tinubu addresses Nigerians, admits lag between subsidy removal, implementation of plans, calls for calm [WATCH]

President Bola Tinubu has again urged Nigerians to remain calm and patient as his administration works to address the country’s economic challenges. The President’s plea comes as protests continue to rock several states across the country. Tinubu had previously addressed the nation in a national broadcast on Sunday, August 4, 2024. In an official video … [Read more…]

DSS detains seven foreigners in Kano over #EndBadGovernance protest

The Department of State Services is investigating the alleged involvement of seven Polish nationals in the nationwide protests against hunger and hardship in Kano State. The detainees, who were arrested on Tuesday in Kano, are being investigated. The nationwide protest, which commenced on Thursday, August 1, was in response to the hardship being experienced by … [Read more…]

CBN disqualifies 6 banks, auctions $876m to 26 banks in Retail Dutch Auction System

The Central Bank of Nigeria has auctioned a total sum of $876.26m to 26 qualified banks, who participated in the latest Retail Dutch Auction System undertaken by the apex bank. The auction process conducted on Tuesday, August 6, 2024, aimed to enhance FX liquidity in the market, alleviate demand pressure, and support price discovery in … [Read more…]

MOUAU Pro-Chancellor charges Southeast governors, stakeholders on reawakening agric revolutions, exploits of  M.I Okpara

  The new Governing Council of the Michael Okpara University of Agriculture, Umudike, has paid its first visit to the University after its long-awaited inauguration by President Ahmed Bola Tinubu. Commencing the 2-day visit on Monday, members of the 8th Governing Council, led by the Pro-Chancellor and chairman of the Council, Comrade Fidelis Edeh, embarked … [Read more…]

Nationwide Protests: Army confirms shooting of 16 year-old boy by soldier, says culprit arrested [PRESS STATEMENT]

UNFORTUNATE DEATH OF A PROTESTER BY A SOLDIER IN ZARIA On 6 August 2024, troops of the Nigerian Army received a distress call that some hoodlums gathered in Samaru in large numbers, burning tires on the road and pelting stones on security personnel. The troops immediately mobilised and arrived at the scene to disperse the … [Read more…]

Finance Minister reveals FG spends $600m on fuel importation monthly

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed that the country currently spends $600m on fuel importation monthly. The minister revealed this during an interview on AIT’s Moneyline programme on Wednesday. He said that the high import bill is due to neighbouring countries, up to Central Africa, benefiting from … [Read more…]

Court Orders Probe Into Death of Journalist Arrested While Covering 2020 EndSARS Protests

A federal high court in Lagos has ordered the state government to conduct a comprehensive inquiry into the death of Pelumi Onifade, a 20-year-old reporter for the internet station Gboah TV. Justice Olayinka Faji directed the Lagos State Government to hold a coroner’s inquest to ascertain the cause of Onifade’s death and identify and prosecute those responsible. … [Read more…]

CBN approves, injects N700 billion bailout in Unity Bank-Providus Bank merger

Nigeria’s Central Bank approved a financial package worth N700 billion to support the proposed merger between Unity Bank Plc and Providus Bank Limited, according to a document seen by Nairametrics. According to the apex bank, the bailout is aimed at strengthening the stability of Nigeria’s financial system, as confirmed in an official letter from the CBN, … [Read more…]