NARTO threatens to stop lifting petrol from Monday
The Nigerian Association of Road Transport Owners, on Thursday, vowed to stop lifting petroleum products beginning next week Monday due to the high cost of operations. NARTO members have…
Man In Court For ‘Defrauding’ American Lover $373,000
A middle-aged man, Nwachi Chidozie Kingsley, has been arraigned for allegedly defrauding an American, Nicole Kierulff Sayers the sum of $373,000 on the pretext to marry her. Kingsley was…
FX Crisis: Travel Allowances By Cash No Longer Permitted — CBN
In a move to solve the foreign exchange crisis in the country, the Central Bank of Nigeria (CBN) says Personal and Basic Travel Allowances will only be paid through…
Tinubu appoints CEOs, boards for eight agencies under health ministry
President Bola Tinubu has approved the appointment and reappointment of chairpersons of boards and chief executive officers (CEOs) for eight agencies under the federal ministry of health and social welfare.…
CBN stops IOCs from 100% income repatriation
The Central Bank of Nigeria (CBN) has announced far-reaching measures to shore up the value of the Naira, with more liquidity in the Foreign Exchange (FX) market as it…
Anambra govt continues to destroy newspaperstands in Anambra
Tension has continued to mount in Anambra State following the consistent destruction of newspapers and newsstands in various cities in the state. According to Vanguard, Newspapers being destroyed were…
Reps move to ban sports betting
The House of Representatives has resolved to stop sports betting in the country and urged the National Lottery Regulatory Commission (NLRC) to comply with the Lottery Regulatory Commission Act,…
NDLEA nabs drug baron, others in Abia
Abia State Government in collaboration with the National Drug Law Enforcement Agency (NDLEA), Abia Command Thursday seized a large amount of hard drugs and arrested a major drug lord,…
BREAKING: Many feared killed as suspected herdsmen attack Benue community
Several people have been feared dead and many others injured after suspected herdsmen attacked the Adijah community in Ugbokpo, Apa local government area of Benue state. The incident which…
BREAKING: Peter Obi speaks on corruption scandal in Labour Patty
Presidential Candidate of Labour Party (LP), Peter Obi, has demanded a thorough investigation of alleged financial impropriety against the National Chairman of Barrister Julius Abure. Obi made the call…
Abure says he will sue Labour Patty treasurer for accusing him of N3.5bn laundering
Julius Abure, national chairman of the Labour Party (LP), says he will sue Oluchi Opara, suspended national treasurer of the party. BACKGROUND During a press conference in Abuja on…
BREAKING: Nigeria’s inflation hits 29.90% amid high food prices
Nigeria’s annual inflation rate rose to 29.90 per cent in January from 28.92 per cent in December 2023, the National Bureau of Statistics (NBS) said Thursday. The statistics office…
Petroleum Commission To Relocate Key Departments To Lagos
The Nigerian Upstream Petroleum Regulatory Commission is currently considering relocating some of its units to Lagos, according to a document seen by Channels. The memo dated February 14, 2024,…
FIRS faults Buhari’s N2.59trn tax credit scheme on road infrastructure
Zacheus Adedeji, chairman of the Federal Inland Revenue Service (FIRS) has faulted the three-year-old N2.59 trillion tax credit scheme introduced by former President Muhammadu Buhari’s administration for road construction…
UK economy enters recessionuk
UK economy has entered recession after recording two successive quarters of negative economic growth in the second half of last year, official data showed on Thursday. Gross domestic product…