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    Home - News - Page 266

    News

    Kashim Shettima, the Vice President of Nigeria

    Shettima to represent Tinubu at São Tomé

    News 10 minutes ago1 Min Read
    Constitutional lawyer Mike Ozekhome warns that amending Nigeria’s 1999 constitution cannot solve the country’s deep political and economic problems.

    Amending Nigeria’s constitution won’t fix its problems — Mike Ozekhome, SAN

    News 2 hours ago2 Mins Read

    NIN verification portal frustrates banks, telcos as downtime persists

    News 17 hours ago2 Mins Read

    INEC chairmanship: Who takes over from Yakubu?

    News 19 hours ago5 Mins Read
    Aliko Dangote questions viability of Nigeria’s state-owned refineries after \$18bn spent.

    They’ll never work again – Dangote slams $18bn refinery repairs

    21 hours ago
    Senate approves ₦200m payout over toddler's death in Delta NDLEA raid.

    Senate recommends ₦200m compensation for family of slain Delta toddler

    21 hours ago
    A police officer

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    Peter Obi, 2023 Labour Party presidential candidate

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    22 hours ago
    Minister of Art, Culture, and Creative Economy, Hannatu Musawa

    Presidency should remain in South for equity – Minister Musawa

    24 hours ago

    Yobe, labour unions secure N70,000 minimum wage agreement

    News November 30, 20242 Mins Read

    The Yobe State Government has officially agreed to implement the new national minimum wage of N70,000 for all civil servants, pensioners, and those on special salary structures, starting in December 2024. This decision follows extensive negotiations between the state government and organised labor, led by the NLC (Nigeria Labour Congress) in the state. The agreement was announced by Baba Wali, the Secretary to the State Government and Chairman of the…

    Former Aviation Minister, Chidoka dumps PDP

    News November 30, 20243 Mins Read

    Osita Chidoka, former Minister of Aviation and ex-Corps Marshal of the Federal Road Safety Corps (FRSC), has officially resigned from the Peoples Democratic Party (PDP). He announced his decision during an interview on Channels Television’s Politics Today on Friday. Chidoka stated that his departure from active politics will allow him to focus on his non-profit organization, the Athena Centre, dedicated to reforming Nigeria’s political landscape. “I believe the time has…

    22 bodies recovered, over 30 missing in Niger boat mishap

    News November 30, 20242 Mins Read

    About 22 people have been confirmed dead in the boat accident that occurred in Agaie LGA of Niger State on Friday morning. After a boat carrying over 50 people capsized on Friday along the Dambo-Ebuchi section of the River Niger, many people were feared to have drowned. Director-general of the Niger State Emergency Management Agency (NSEMA), Abdullahi Baba-Arah, in a statement on Friday, said the incident occurred around 2am. According…

    Arewa youth forum says North yet to decide on support for Tinubu’s 2027 bid

    News November 30, 20242 Mins Read

    The President General of the Arewa Youth Consultative Forum, Yerima Shettima, has revealed that the northern region has not yet taken a unified stance on whether to support or oppose President Bola Tinubu’s re-election bid in 2027. This statement comes after Mamman Osuman, the suspended National Chairman of the Arewa Consultative Forum, suggested last week that the north should back a candidate from the region to contest against Tinubu in…

    FG raises loan access for small businesses to N5m

    News November 30, 20243 Mins Read

    The Federal Government has announced a significant increase in the amount small businesses can access through its loan scheme, raising the limit to N5 million for eligible Micro, Small, and Medium Enterprises (MSMEs). This move is part of the government’s efforts to foster inclusive economic growth across the country. Dr. Olasupo Olusi, Managing Director and CEO of the Bank of Industry (BoI), made the announcement on Friday, November 29, during…

    Electricity subsidy will hit N2.4 trillion by year-end – NERC

    News November 30, 20243 Mins Read

    The Nigerian Electricity Regulatory Commission (NERC) says the cumulative electricity subsidy for 2024 will increase to N2.4 trillion. The Commissioner of Planning, Research, and Strategy of the NERC, Dr Yusuf Alli, disclosed this at the PricewaterhouseCoopers’ (PwC) annual power and utilities roundtable, held in Lagos on Thursday, November 28, with the theme, ‘Reigniting Hope in Nigeria’s Electric Power Sector.’ Alli attributed the increase in the subsidy figures to challenges with…

    Edo state gov approves automatic employment for first-class graduates

    News November 29, 20242 Mins Read

    Edo State Governor, Mr. Monday Okpebholo, has approved a new initiative that guarantees automatic employment for first-class graduates from both Nigerian and foreign universities into the state’s Civil and Public Service. This move is part of efforts to enhance the quality of manpower within the state’s workforce. The announcement was made by the state’s Head of Service, Anthony Okungbowa, who issued a statement on Friday, November 29, detailing the Graduate…

    CBN threatens fines over cash scarcity at ATMs, urges financial sector compliance

    News November 29, 20242 Mins Read

    The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions over the ongoing cash scarcity at Automated Teller Machines (ATMs) across the country. CBN Governor, Olayemi Cardoso, announced that penalties would be imposed on erring banks and other financial players during his address at the annual Bankers’ Dinner organised by the Chartered Institute of Bankers of Nigeria on Friday. Recent reports have highlighted a significant shortage…

    Ex-CEO arraigned for role in $65 million diversion

    News November 29, 20242 Mins Read

    Gimba Ya’u, the former Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), has been arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for his alleged involvement in the diversion of $65 million. Ya’u, who is also an in-law to former President Muhammadu Buhari, appeared in court alongside Bola Ogunsola, a former director at FMBN, and Tarry Rufus, the managing director of T-Brend Fortunes…

    Ex-Liberian warlord, Prince Johnson dies, aged 72

    News November 29, 20243 Mins Read

    Prince Johnson, a former Liberian warlord notorious for his role in the country’s brutal civil wars, passed away at the age of 72. His death, caused by complications from high blood pressure, was confirmed by his family spokesperson, Wilfred Bangura.Johnson gained global infamy for his involvement in the torture and execution of former Liberian President Samuel Doe in 1990, an incident gruesomely captured on video. In the footage, Johnson is…

    FG secures €300m development partnership with France

    News November 29, 20242 Mins Read

    Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, led the Federal Republic of Nigeria in signing two transformative agreements with the French Government and its development agency, AFD (Agence Française de Développement). These agreements, collectively valued at over €300 million, are set to strengthen key sectors of Nigeria’s economy and drive sustainable development. Strategic Focus Areas The Letter of Intent, co-signed by Mr. Edun and France’s…

    Troops kill Boko Haram commander Abu Shekau, 4 others in Yobe”

    News November 29, 20241 Min Read

    Troops of Sector 2, Operation Hadin Kai, in collaboration with local vigilantes, successfully repelled an attempted attack by Boko Haram terrorists on Sabon Fagi community in Buni Yadi, Gujba Local Government Area of Yobe State. Intelligence sources told Zagazola Makama that the attack, which occurred at approximately 11:00 p.m., resulted in a fierce gun battle that left four insurgents dead, including a notorious Boko Haram commander identified as Abu Shekau.…

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