he President, Major General Muhammadu Buhari (retd.); Minister of Finance, Budget and National Planning, Zainab Ahmed In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidy by the government and the attendant economic challenges, the World Bank on Wednesday raised the alarm that the …
Read More »Owo Church attack: Military arrests two more suspects
Two more high profile members of the Islamic State of West African Province (ISWAP) linked with the deadly attack on worshippers in Owo, Ondo State have been arrested, the military disclosed on Thursday. The suspects, Al-Qasim Idris and Abdulhaleem Idris, were apprehended at Omialafara (Omulafa) in Ose Council Area of Ondo State. …
Read More »PDP crisis: Why Ayu must quit now, by ex-party chair
• Bode George: chairman, candidate can’t come from one zone Former Peoples Democratic Party (PDP) National Chairman Abubakar Baraje yesterday justified the call for Dr. Iyorcha Ayu’s resignation as national chairman. Baraje said the agitation for Ayu’s resignation was not “out of place.” He said: “We have a tradition of zoning …
Read More »FG borrows additional N2.45tn from CBN in six months
CBN Nigeria’s federal government’s total borrowing from the Central Bank of Nigeria (CBN) through Ways and Means Advances rose from N17.46tn in December 2021 to N19.91tn in June 2022, representing an increase of N2.45trn in six months. This is according to data from the apex bank. The N19.91tn is not …
Read More »Buhari reverses approval of $1.28bn Seplat’s ExxonMobil acquisition deal
President Muhammadu Buhari has reversed his approval of Seplat Energy’s purchase of ExxonMobil’s Assets. The reversal is coming barely 48 hours after a purported statement was issued by the President ‘s spokesman, Me Femi Adesina that the deal had been approved by the President Seplat Energy Plc had in February …
Read More »Ex-AGF, Ahmed Idris seeks plea bargain over N109bn fraud case
Ahmed Idris Ahmed Idris, the Accountant General of the Federation, and other defendants have sought for a plea bargain with the Economic and Financial Crimes Commission (EFCC) over the N109 billion case of gratification and fraud instituted against them. The disclosure was made on Wednesday before the Federal Capital Territory …
Read More »How my headmaster molested me – Uche Maduagwu
Controversial actor Uche Maduagwu has recounted how his headmaster molested him at 8. He revealed the life-changing incident happened twice in the man’s office but he never shared it with his mother. Maduagwu noted the incident was the reason he doesn’t mark his birthday till date because the first happened …
Read More »quit as PDP chair Bode George – Ayu
Former Peoples Democratic Party (PDP) Deputy Chairman Chief Olabode George has said the National Chairman, Dr. Iyorchia Ayu, should honour his promise to resign if the presidential candidate is picked from the North. He said the emergence of the chairman and flag bearer from one zone has violated the principle of inclusivity. …
Read More »Lagos attack: Cops didn’t shoot soldiers, police insist
The Lagos State Police Command has insisted that men from its command did not shoot at any soldier at the Trade Fair area of Lagos. The had earlier reported that some soldiers attacked five policemen, leaving one dead and four brutalised. Reacting to a statement credited to an Army Commander …
Read More »Polaris Bank, Societal Healthcare partner to reduce maternal mortality in Nigeria
Polaris Bank Polaris Bank in partnership with Societal Healthcare Organisation (SHO), has organised a training for community midwives and health extension workers in Northern Nigeria themed: Life Saving Skills (LSS). The 3-day intensive training is part of efforts to reduce mortality and morbidity associated with major causes of maternal and neonatal …
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