The Central Bank of Nigeria has said businesses, while expressing optimism about the macroeconomic environment, have projected further depreciation of the naira this month and the first three months of 2025. In its Business Expectation Survey Report for November 2024, noted that firms’ outlook on the volume of business activities, financial conditions, access to credit, […]
Friday 20 December 2024 Suspension of 18 Edo LGA chairmen illegal, unconstitutional — AGF Ibadan stampede: Death toll rises to 35; police arrest Ooni’s ex-wife IPoB lawyer, Ejiofor hails judgment discharging 5 Biafra agitators in Umuahia Supreme Court, NAHCON, others fail ICPC integrity scorecard LASG begins 2,200 police housing units, donates 260 vehicles Tax bills: […]
The Federal High Court sitting in Lagos has ordered the final forfeiture of a warehouse built on a landed property measuring 1.925 hectares of land along the Lagos/Ibadan expressway in Magboro, Obafemi Owode Local Government Area of Ogun State. The court also ordered the permanent forfeiture of 54 general purpose steel containers. Justice Deinde Dipeolu […]
The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, has declared the suspension of Chairmen and Vice Chairmen of the 18 Local Government Areas, LGAS, in Edo State as illegal and unconstitutional. The AGF, who spoke to journalists in Abuja yesterday, stressed that removing from office or suspending any elected LG […]
Three persons were on Thursday killed in the Bassa community of the Shiroro Local Government Area of Niger State following multiple bomb explosions. According to locals, the first explosion occurred as three siblings, Mali, Nehemiah, and Jona, aged 20, 15, and 14, were riding a motorcycle. The second one went up when a motorcycle carrying […]
A visually-impaired widow in Anambra State has fallen victim t a yet-to-be-identified woman who allegedly stole her Automated Teller Machine card and emptied her account of over N2 million within minutes, The Punch reports. The incident reportedly took place over the weekend at an ATM point in Nnewi, the Nnewi North Local Government Area. According […]
The 2025 appropriation bill has scaled the second reading at the national assembly. The budget passed the second reading during plenary on Thursday after an extensive debate by legislators in the senate and the house of representatives. On Wednesday, President Bola Tinubu presented a record N49.7 trillion as the proposed budget for 2025 to a […]
The Enugu State Government has allocated N55 bn for the construction, reconstruction, and rehabilitation of urban and rural roads in the 2025 fiscal year. Additionally, the government has set aside funds for various offices, including N50.27 billion for the Office of the Governor, N665.71 million for the Deputy Governor’s office, and N3.42 billion for the […]
The Oyo State Police Command has disclosed the arrest of the ex-queen of the Ooni of Ife, Naomi Silekunola; the Principal of Islamic High School, Ibadan, Fasasi Abdulahi; and six others in connection to the death of some children during a stampede at a funfair in Ibadan, the state capital, on Wednesday. The ex-queen was […]
The House of Representatives on Thursday announced plans to submit the sum of N704.91m for the use of vulnerable Nigerians owing to the economic hardship occasioned by the removal of subsidy from petrol on December 31, 2024, to President Tinubu. Recall that on July 18, the House resolved to slash 50 per cent of their […]
