News

The World Bank says Nigeria’s government will save a total of N11 trillion from the recent petrol subsidy removal policy. However, the financial body said more people would be pushed into poverty in Nigeria if […]

The naira, on Tuesday, appreciated by 0.67 percent to N763 to a dollar at the investors and exporters (I&E) window. Figures from the FMDQ Securities Exchange, a platform that oversees foreign exchange trading in Nigeria, […]

The Federal Government has started the issuance of Proof of Ownership Certificate (POC) for all categories of registered vehicles nationwide. Unveiling the new policy at the Bagauda Kaltho Press Centre in Alausa, Ikeja, the Permanent […]

Some Nigerian pastors have expressed mixed reactions on whether the use of ‘Aboru Aboye’ in the viral song by popular gospel singer, Tope Alabi, is proper in a gospel song. While some of the pastors […]

The World Bank says removal of subsidy on premium motor spirit (PMS) could push as many as 7.1 million Nigerians into poverty unless adequate palliatives are extended to poor and most vulnerable individuals. Even with […]

The Muslim festival of Eid el Kabir, also known as Eid al-Adha, is a significant event in the Islamic calendar that is celebrated by Muslims worldwide. In Nigeria, this festival is marked with a two-day […]

Julius Bio, incumbent president of Sierra Leone, has been declared winner of the election in the country. Bio gained 56 percent of the vote cast to defeat Samura Kamara who trailed behind with 41 percent. […]

Founder, Salvation Ministries, Port Harcourt, Pastor David Ibiyeomie on Sunday told his congregation that if he pays 10 percent as tithes, God would flog him. He also said not paying tithes is a form of […]

By Busola Aro The Nigerian naira strengthened on Tuesday to close at N756 to the dollar at the investors and exporters (I&E) window. According to FMDQ Securities Exchange Limited, the closing rate represents a 1.8 […]

Cost of importing vehicles, including mass transit units, and other imported commodities could increase by as much as 20 per cent in the coming weeks, a direct consequence of last week’s 40 per cent increase […]

Nigeria is said to have attracted about $1 billion funding to the technology startup ecosystem businesses in 2022. This was disclosed yesterday by the Founder of CcHub, Dr. Bosun Tijani, who featured on a television […]

Exactly a week after the Central Bank of Nigeria (CBN) pulled the plug on the foreign exchange (FX) market to allow gradual rates harmonisation around the Investors’ and Exporters’ (I&E) window, naira is trading higher […]

A Federal High Court in Abuja has reinstated Mahadi Aliyu Gusau as the Deputy Governor of Zamfara State. A Federal High Court in Abuja has annulled the February 2022 impeachment of Mahadi Aliyu Gusau as […]

A federal capital territory (FCT) high court sitting in Maitama has ordered the Department of State Services (DSS) to allow, Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), to have access to […]

Former President Olusegun Obasanjo says some state governors were involved in the infamous third term fiasco. In what was the culmination of months of political brinkmanship in 2006, a bill to amend the 1999 constitution […]

Asari Dokubo, a Niger Delta activist, says the military — particularly the army and navy — knows those behind the oil theft in the Niger Delta region. Speaking with reporters after meeting with President Bola […]

The Nigerian naira has closed at N663 to the dollar at the Investors and Exporters (I&E) window after what has been the currency’s most eventful week in years. The local currency closed on Thursday at […]

A federal high court in Awka, Anambra state, has set aside its order sacking Usman Baba from office as the inspector-general of police (IGP). In a judgment delivered on May 14, Fatun Riman, the presiding […]