The Federal High Court in Abuja has issued an order halting the production and distribution of Nigeria and Its Criminal Justice System, a book authored by embattled human rights lawyer Dele Farotimi. The book, which has sparked heated debates due to its controversial allegations of judicial manipulation, was recently ranked as a global bestseller in the politics category on Amazon. The order, sought by prominent legal figure Afe Babalola, demands the cessation of both physical and digital sales and distribution of the book. Additionally, the court’s injunction includes a directive for the seizure of royalties generated from the book’s sales.…
Author: New Daily Prime
The National Bureau of Statistics (NBS) recently released the Consumer Price Index (CPI), which revealed that Nigeria’s inflation rate reached 33.88 per cent in October 2024. According to the NBS, the rate is a 1.18 per cent increase from the 32.7 per cent recorded in September 2024, attributed to the increase in transportation costs and higher food prices. Nigeria’s inflation rate soared from 22.4 per cent in May 2023 to a new 28-year all-time high of 34.19 per cent in June. After 19 months of increase, it decelerated to 33.40 per cent in July and declined further for the second consecutive month in August to 32.15…
Airlines’ trapped funds globally have dropped to $1.7 billion as of October from the $1.8 billion reported in April 2024. The International Air Transport Association (IATA) stated this in a new report released on Monday, December 9, adding that Nigeria has exited the list of countries blocking the repatriation of airline funds. The new report shows that the Nigerian government has resolved the issue of airline revenue backlogs, allowing international carriers to access and transfer their funds back to their home countries. Recall that in June this year, the IATA confirmed that the Central Bank of Nigeria (CBN) cleared $831 million of…
The Rural Access and Mobility Project, a World Bank-funded initiative, is set to construct 534 kilometers of rural roads across Benue State to enhance the transportation of agricultural produce. Mr. Stephen Numbeve, the State Project Coordinator, provided these details in an interview with the News Agency of Nigeria (NAN) on Wednesday in Makurdi. Numbeve explained that the project would prioritize the construction of roads that connect farms to markets, thereby making it easier for farmers to transport their produce. He also revealed plans to build warehouses across the state for the secure storage of both fresh and dry agricultural products.…
Nigerian fintech, Moniepoint, has kept mum over an alleged N1 billion fine imposed on it and other fintechs by the Central Bank of Nigeria (CBN) over compliance issues. Per TechCabal, OPay was also fined N1 billion by the CBN for a similar issue in the second quarter (Q2) of 2024. While Moniepoint, Africa’s eighth unicorn, declined to comment on the claim while OPay denied it, saying it is false, according to TechCabal. TechCabal also said the CBN on the other hand did not immediately respond to a request for comments. OPay said, “We categorically refute the claims that OPay Digital Services was fined by the…
Every December, we mark three international observances that are at the heart of the U.S.-Nigeria partnership: World AIDS Day, International Anti-Corruption Day, and Human Rights Day. While distinct, these commemorations underscore a simple truth – Nigeria’s path forward requires progress on health, good governance, and human rights. The United States remains your steadfast partner on this journey. For two decades, the United States has stood with Nigeria in the fight against HIV/AIDS under the President’s Emergency Plan for AIDS Relief (PEPFAR). The U.S. government has invested more than $8.3 billion in Nigeria’s health sector and provided life-saving anti-retroviral treatment to…
Nollywood actress and filmmaker Ruth Kadiri has faulted movie producers who set unrealistic standards for success on YouTube. She firmly stated that any producer demanding one million views on a movie’s first day of upload has already failed.Kadiri, known for her outspoken nature, urged actors to reject this unnecessary pressure. She emphasized that achieving such high view counts is not the only measure of a movie’s success.According to her, a film’s quality depends on much more than the lead actor’s popularity or face.Kadiri reminded her colleagues that a well-produced movie requires more than just a famous face to sell. The…
The General Overseer of The Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has highlighted the importance of focus and fervent prayers during the 27th Holy Ghost Congress of the RCCG, themed “Onward Christian Soldiers.” The event, which began on Monday night at the Redemption Camp, witnessed an impressive turnout of worshippers. In his welcome address, Adeboye urged participants to pay close attention to every message and to pray like never before, emphasizing that the Congress would propel them forward spiritually, physically, emotionally, and materially. Reflecting on the challenges faced in 2024, Adeboye expressed gratitude for God’s preservation and…
Edo State Governor, Senator Monday Okpebholo, officially launched the construction of the 4.7km Utteh Palace Road in Benin on Monday evening, fulfilling a key campaign promise to the residents of the area. The road project, located in the Edo South Senatorial District, aims to enhance infrastructure and improve accessibility within the region. Governor Okpebholo expressed his commitment to the “Renewed Hope” agenda of President Bola Ahmed Tinubu, highlighting the significance of the road in connecting Ikpoba-Okha and Uhunmwonde Local Government Areas. He emphasised that the road would not only improve accessibility but also stimulate economic activities and boost the local…
Former President Olusegun Obasanjo has raised alarms over Nigeria’s escalating debt profile, describing it as a heavy burden that will affect both present and future generations. Speaking during a Zoom interactive program called “Boiling Point Arena” on Sunday, Obasanjo expressed deep concern about the nation’s rising debt, which has surged by N12.6 trillion in just three months, reaching a total of N134.3 trillion ($91.3 billion) by the end of the second quarter of 2024. This marks a 10.35% increase from the N121.7 trillion recorded in the first quarter of the year. Reflecting on his time in office, Obasanjo recalled securing…