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Some gunmen suspected to be armed robbers on Wednesday shot their female victim for allegedly resisting a rape attempt on her at Agip Flyover, Rumueme, in the Obio/Akpor Local Government Area, near the Rivers State College of Health Sciences and Management Technology. PUNCH Metro learnt that the victim was found in a pool of … [Read more…]
THE coronavirus pandemic has contributed a lot to the current food inflation ravaging Nigerian families. Coming in February/March, the beginning of the planting season, and forcing a prolonged national lockdown, it prevented many of our farmers from sowing their seeds. Food inflation, according to the National Bureau of Statistics, NBS, rose from 16.66 per … [Read more…]
Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by the Organisation of the Petroleum Exporting Countries and its allies. OPEC disclosed this on Thursday in its report for January, saying a meaningful rise in oil prices would brighten Nigeria’s economic outlook this year. The … [Read more…]
The Federal Government on Wednesday announced the disbursement of another N123.348 billion under its States Fiscal Transparency Accountability and Sustainability (SFTAS) programme. The money is a performance-based grant to the states. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who disclosed this in a statement by Mr. Hassan Dodo, the Ministry’s Director … [Read more…]
Ndubuisi Kanu, former military administrator of Imo and Lagos states, former chairman of Ndigbo Lagos and a major pillar of the National Democratic Coalition, NADECO, reportedly died of COVID-19 complications in Lagos at the early hours of yesterday. President Muhammadu Buhari, Ohanaeze Ndigbo, Governor Babajide Sanwo-Olu of Lagos, Chief Guy Ikokwu, Hon Rotimi … [Read more…]
An employee of the First City Monument Bank, Felix Diete, has been sentenced to four years’ imprisonment by Justice Jane Inyang of the Federal High Court in Yenagoa, Bayelsa State, for stealing customers’ funds. Three customers of the bank had on September 2, 2016, complained that they gave Diete the sum of N6m … [Read more…]
THE National Examination Council on Wednesday announced the release of the 2020 Senior School Certificate Examination (internal) results. But a total of 233,000 candidates, who were prevented from taking the NECO examination in some states due to the #EndSARS protests, would be accommodated in the external examination scheduled for between Monday February 1 … [Read more…]
The pre-export requirements recently introduced by the Central Bank of Nigeria is currently frustrating the export of goods from Nigeria to other nations, exporters declared on Wednesday. Speaking under the aegis of the Network of Practicing Non-oil Exporters of Nigeria, they stated that the electronic Nigeria Export Proceed Form being required by the bank … [Read more…]
The Corporate Affairs Commission on Monday announced a revenue generation of N19bn for its 2020 fiscal year. It also announced a total remittance of N2.7bn to the consolidated revenue account of the Federal Government. The Registrar-General, CAC, Garba Abubakar, told journalists in Abuja that the commission had also settled all its tax obligations, … [Read more…]
Twenty-two gold miners have been trapped underground for nearly two days after an explosion in a mine under construction in eastern China. The blast occurred on Sunday afternoon at a mine in a town near Qixia city in eastern Shandong province, authorities wrote in a social media post. The explosion badly damaged the … [Read more…]
A Chief Magistrate Court sitting in Abuja has granted bail to Sahara Reporters’ publisher, Omoyele Sowore in the sum of N20m. Four other activists, who were arrested with Sowore on New Year’s Eve in Abuja for holding a protest against bad governance, were also granted bail in the sum of N1m each. Sowore … [Read more…]
Conference of Nigerian Elders (CONES) has warned that the insecurity situation in the country would cost President Muhammadu Buhari and the All Progressives Congress (APC) the 2023 elections. The group, in a statement, yesterday, by its representatives, Tunde Banjo, Achike Nwachukwu and four others, said security of lives and property was deteriorating daily and expressed shock … [Read more…]