…raises interest rate to 17.5% The Senate has once again asked the Central Bank of Nigeria (CBN) to extend the deadline for the stoppage of the use of old naira notes from January 31 till July 31, 2023. With one week to the deadline for the termination of the use of the old naira notes, … [Read more…]
President Muhammadu Buhari, yesterday, performed the historic inauguration of the Lekki Deep Sea Port located at Itoke village, Ibeju-Lekki, in Lagos State, and observed the first offloading from CMA CGM Mozart at the quay. The project, an investment in excess of $1.5 billion, is a joint venture between the federal government, through the Nigerian Ports … [Read more…]
The Federal Inland Revenue Service (FIRS) generated a record N10.1 trillion revenue in 2022, the agency said. This is the highest tax collection ever recorded in its history. The Service disclosed this in an “FIRS 2022 Performance Update,” report signed by its Executive Chairman, Mr. Muhammad Nami, and released to the public on Monday, after … [Read more…]
The Atiku-Okowa Presidential Campaign of the Peoples Democratic Party, PDP, has commenced court proceedings to disqualify the presidential candidate of the All Progressives Congress, APC, Asiwaju Bola Tinubu, over criminal conviction and sentencing by a court of competent jurisdiction in the United States over trafficking in narcotics. However, APC PCC immediately countered the PDP, saying … [Read more…]
The National Emergency Management Agency, NEMA, said, yesterday, that flood disasters, in 2022, left over 2.4 million persons displaced and 662 dead. Director-General, NEMA, Mustapha Ahmed, who disclosed this during a one-week strategic executive seminar for NEMA staff and wider Nigerian Emergency Management stakeholders, in Abuja, also revealed that 3,174 persons suffered injuries, due to … [Read more…]
By M.O. Ene “Uche bụ akpa; onyeọbụla nya nke ya.” (The mind is like a bag; everyone has one.) Everyone has something to say; opinions are a-dozen-a-dime. When we craft a mantra, a slogan, we must clarify what it means, no matter how catching the phrase. Clarification is more desirable when a mantra is rendered … [Read more…]
Amid the current nationwide power supply outages and the sufferings caused Nigerians due to low power generation and resultant inadequate load allocation to distribution companies (Discos) by the Transmission Company of Nigeria (TCN), many of the Discos have continued to apologise to their customers. The outages, which started last week in many of the Discos’ … [Read more…]
Frank Nweke Jr, the Enugu State governorship candidate of the All Progressives Grand Alliance (APGA), on Sunday, January 22, 2023, said his government would explore the opportunities of resources like coal and natural gas (CNG) which the state has, as well as solar technology to meet the power needs of the citizens. Nweke who spoke … [Read more…]
Abducted Sole Administrator of the Ideato North Local Government Area of Imo State, Christopher Ohizu, has been beheaded. It was gathered that his abductors had allegedly received a N6m ransom before beheading him on Sunday. Recall that Ohizu was abducted with bullet wound alongside two others on Friday after his country home at Imoko community … [Read more…]
The presidential campaign rally of the All Progressives Congress in Bauchi State ended abruptly over a faulty sound system. The rally which was ongoing at the Abubakar Tafawa Balewa Stadium, Bauchi, on Monday, ended abruptly when the light went off and could not be restored. The light went off shortly after the National Chairman of … [Read more…]
By Dr. Samson Abanni Have you noticed how we have become an armed society, a community at war with itself. We can call the wielders of guns various name and argue till eternity about their origins but the truth is that without the cooperation of the soil the beast cannot walk on it. The arms … [Read more…]
Following the successful reconciliation truce brokered among themselves, stakeholders of Enugu West senatorial zone have assured the governorship candidate of the Peoples Democratic Party, PDP, Dr. Peter Mbah, that the zone had met and resolved to give him their votes in the forthcoming election. Stakeholders across the five local government areas in the zone converged … [Read more…]