A chieftain of the All Progressives Congress (APC), Lanre Issa-Onilu, says that no official of the President Bola Tinubu administration has said that the government will temporarily return petrol subsidy to ease the pain suffered by Nigerians. Tinubu had on May 29, 2023 during his inauguration speech, announced the …
Read More »JUST IN: Seplat’s oil rig collapses, crew members missing
Seplat Energy Plc’s oil drilling platform suffered a major reversal yesterday as the company’s oil drilling rig capsized near Ovhor, Delta State. Seplat Energy is the operator of Seplat/NNPCL joint venture. The company’s production guidance for 2023 is between 45,000 and 55,000 boepd. Chief Executive Officer, Seplat Energy Plc, Mr Roger …
Read More »Forex crisis: TETFund mulls suspension of overseas scholarships
Executive Secretary, TETFund, Sonny Echono The Tertiary Education Trust Fund has said the recent monetary policy of the Central Bank of Nigeria has created difficulties in the payment of foreign scholarship tuition and stipends. The Executive Secretary of TETFund, Sonny Echono, disclosed this at a one-day Stakeholders’ Engagement on Emerging …
Read More »Niger: ECOWAS tightens sanctions, junta demands power supply
Niger coup leader, General Abdourahamane Tchiani President Bola Tinubu on Tuesday said the biting sanctions imposed by the Economic Community of West African States on the Niger junta would not be lifted despite the military leaders’ promise to negotiate with the regional bloc to resolve the crisis in the francophone …
Read More »Nigerians may wait longer for Tinubu’s cabinet despite hasty screening
President Bola Tinubu • Office of SGF, CoS preparing for swearing-in, retreat next week – Source • Economy drifting, needs an anchor with cabinet running, says Osaikhuiwu • Oshiomhole: Tinubu inherited terrible economic situation • BudgIT demands clear roadmap for Tinubu’s economic relief package Eighty days into the administration, …
Read More »MoneyMaster PSB introduces G-Kala Glo Airtime Promo
MoneyMaster PSB (MMPSB), a major payment service bank promoted by Globacom, is embarking on a reward scheme for Glo subscribers in the Lagos area who register and activate their own G-Kala wallets. The proposed reward, offering airtime for subscribers who seize the opportunity to register their G-Kala wallets under the …
Read More »Niger Coup: On Russian mercenaries, NATO forces and looming proxy wars in ECOWAS
Niger Republic Military junta The hurriedly declared resolution of the Economic Community of West African States (ECOWAS) to deploy troops to restore democracy and reinstate the ousted President Mohamed Bazoum of Niger Republic, after the military takeover of power on the 26th of July, might have been influenced by the …
Read More »‘Nigerians take too much rubbish from politicians’ — Sanusi Lamido
Sanusi Lamido Sanusi, the Emir of Kano The former Emir of Kano, Sanusi Lamido Sanusi II, has said Nigerians take too much rubbish from politicians, encouraging the masses not to be intimidated by political leaders. According to Sanusi, if the politicians are not held to account, coming generations might have …
Read More »Appeal Court strikes out Adebutu’s appeal on vote buying
…. described the appeal as belated and an afterthought A special panel of the Court of Appeal sitting in Abuja on Wednesday affirmed the decision of the Ogun State Governorship Election Petition Tribunal, which had earlier struck out all allegations of vote-buying and voter inducement made by the Ogun State …
Read More »FG in deregulation dilemma as 24% inflation worsens poverty
• Stakeholders insist figures are under-reported •‘Nigerian manufacturers have become endangered species • Palliatives will not have any effect this year – AFAN • Expert foresees higher interest rate at next MPC meeting • We need to look beyond monetary policy for a solution, ICSAN warns As inflation bites further, mostly from …
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