Amid tightening monetary policy stance and global volatility considerations, the federal government raked in N312.56 billion through the August FGN bond auction held by the Debt Management Office (DMO) Monday. Four instruments were offered to investors at the auction (14.55% FGN APR 2029, 14.70% FGN JUN 2033, 15.45% FGN JUN ...
The court of appeal in Edo state has affirmed Julius Abure as the national chairman of the Labour Party (LP). Delivering judgment in the appeal marked CA/B/93/2023 and filed by Lucky Shaibu, a chieftain of the party, the appellate court presided over by three justices, unanimously upheld the decision of ...
The Northern Chamber of Commerce Industry, Mines, and Agriculture (NACCIMA) says rice millers are shutting down operations in the commercial city of Kano due to the scarcity of paddy. Dalhatu Abubakar, the chamber’s chairman, told journalists on Monday, that the paddy scarcity would cause an increase in the price of ...
Anger over the planned military action against Niger Republic coup plotters took a disturbing dimension as the Nigerian Embassy in Niamey, the capital of Niger, was attacked by Nigerien protesters, who besieged the facility. The angry protesters stormed the embassy located at Boulevard des Ambassades in protest against Nigeria’s role ...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives, Mr Tajudeen Abbas over “the unlawful plan to spend N40bn on 465 exotic and bulletproof cars for members and principal officials, and N70bn as ‘palliatives’ for new ...
Akwa Ibom State Governor, Pastor Umo Eno has congratulated the 54 young sailors who graduated from the Nigerian Navy Military School, Ikot Ntuen in Oruk Anam Local Government Area after six years of successful academic and military training. Eno spoke as the special guest of honour at the graduation ceremony ...
The First Lady, Sen. Oluremi Tinubu, on Friday in the presidential villa, Abuja, received Rebecca Kabu, one of the 277 Chibok schoolgirls who were kidnapped by Boko Haram in 2014. The first lady, in company of the Wife of the Vice President, Hajia Nana Shettima, promised to ensure that Rebecca ...
The Defence Headquarters says Nigerian have, in the last one week, neutralised 38 terrorists, apprehended 242 others and rescued 89 kidnapped hostages in different operations across the country. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, made this known in a statement on Friday in Abuja. Buba said the ...
The chairmen of New Nigeria People’s Party (NNPP) have rejected the recent dissolution of the party’s executives in seven states by the National Working Committee (NWC). The aggrieved chairmen on Thursday described the dissolution as “gross abuse of power” and”unacceptable.”. The News Agency of Nigeria (NAN) reports that the NNPP’s ...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the federal government to ban binance operation in the country. Aminu Gwadabe, ABCON president, stated this in an interview on Tuesday in Lagos. Binance is an online exchange where users can trade cryptocurrencies. It supports hundreds of the ...
