Osun State Government has announced that it will distribute 14,516 bags of 50kg rice and 3,200 metric tons of maize to residents as part of the Federal Government’s palliative measures to mitigate the impact of the petrol subsidy removal in … Continue reading Osun residents to get 14,516 bags of rice and 3,200MT maize
Capital Luxury Transit in Akwa Ibom State has recently declared a significant 25% reduction in transportation fares for all routes across the nation. The group’s chairman, Mr. Edidiong Udoidiong, released a statement on Sunday in Uyo, unveiling this fare cut … Continue reading Akwa Ibom transport company cuts fares by 25% due to subsidy removal
Nigeria faced a substantial loss of approximately N249 billion in crude oil revenue during July due to a significant drop in the country’s oil production by over four million barrels within the same month. The most recent oil production data, … Continue reading Nigeria’s oil output decline leads to N249 billion loss in July
Investors in the Nigerian Exchange Limited (NGX) faced a N150 billion loss over the past week as bearish sentiment dominated the trading landscape, interrupting a series of consecutive weeks of gains. The downturn was primarily attributed to profit-taking and the … Continue reading Investors face N150 billion loss in stock market within a week
The UK government plans to invest £100 million to establish a foothold in the competitive global market for computer chips essential for powering artificial intelligence (AI) technologies. UK aims to boost national AI resources with £100m investment amidst global competition … Continue reading UK allocates £100m for global AI chip race
A judge’s ruling has mandated Starbucks to pay an extra $2.7 million in lost wages and tax damages to a former regional manager who previously received over $25 million in a lawsuit where she alleged racial discrimination. Shannon Phillips won … Continue reading Starbucks ordered to pay $2.7 million to manager fired after arrest of 2 black men
Veteran Nollywood actor Chinedu Ikedieze, popularly known as Aki, has revealed the hurdles he encountered in his upbringing due to a diagnosis of stunted growth. Aki recalled feeling distressed when he overheard the doctor discussing his condition with his mother, … Continue reading I nearly attempted suicide when I learned that I had stunted growth – Chinedu Ikedieze
Former Ghana captain Asamoah Gyan has endorsed Nigerian striker Victor Osimhen as a strong contender for this year’s African Player of the Year award. Gyan highlighted Osimhen’s outstanding performance in the previous season, giving him an advantage over other players. … Continue reading Asamoah Gyan predicts Victor Osimhen to win African footballer of the year award
Elon Musk has revealed a change in the functionality of the X social media platform (previously known as Twitter). He stated that the option to block other accounts will no longer be available. This feature allowed users to prevent specific … Continue reading Elon Musk announces removal of block feature on X
Daniel Bwala, an aide to Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party (PDP), has strongly criticized the N5 billion palliative offered by President Bola Tinubu’s administration, calling it “renewed nonsense.” Bwala highlighted that organized labor had … Continue reading Atiku’s aide, Bwala, rebrands N5 billion palliative scheme as ‘Renewed Nonsense’
Zagazola Makama, a security analyst focused on counter-insurgency in the Lake Chad region, has reported that he possesses an exclusive letter from the ISWAP group (Islamic State in West Africa Province) to the Abubakar Shekau faction of Boko Haram, challenging … Continue reading ISWAP allegedly challenges Boko Haram to gunfight in sambisa forest
Anslem Ijebor, a prominent figure in the Peoples Democratic Party, has offered assurance that Senator David Umahi, former Governor of Ebonyi State, will address the country’s road infrastructure challenges in his role as Minister of Works. Speaking with journalists in … Continue reading PDP chieftain: Umahi will address Nigeria’s road issues as minister of works
Pop icon Britney Spears has broken her silence on the heels of her divorce announcement from husband Sam Asghari. News of Asghari’s departure from the marriage garnered significant attention this week, only 14 months after their high-profile wedding. Spears took … Continue reading Britney Spears breaks silence amid divorce reports
More than 300,000 individuals, compelled by the conflict in Sudan, have fled in search of safety and sanctuary in Chad, augmenting the existing 580,000 refugees already present there. Chad’s willingness to embrace Sudanese refugees is notable, yet Chad itself faces … Continue reading Over 300,000 Sudanese refugees seek refuge in Chad
The Oyo State Government has granted immediate authorization for a car loan program aimed at primary school educators throughout all zones within the state. This decision was communicated through an official statement provided to the press on Friday in Ibadan … Continue reading Oyo state government approves car loans for primary school teachers
FCT NDLEA Commander, Kabir Tsakuwa, has affirmed the agency’s ongoing commitment to cracking down on all origins of illegal substances within the region. He emphasized that the command’s efforts have been intensified, leading to multiple arrests during operations targeting drug … Continue reading NDLEA pledges crackdown on illicit drugs in FCT
Stanbic IBTC Bank Plc Founder, Atedo Peterside, has characterized the controversial slogan “All Eyes On The Judiciary” as an impartial phrase that, under normal circumstances, should not provoke offense to a rational individual. Initially emerging as a social media campaign … Continue reading Atedo Peterside insists that ‘All Eyes On The Judiciary’ slogan non-offensive to right thinking individuals
A newborn infant, merely a day old, was tragically abandoned during a rainy morning on Friday, resulting in the baby’s untimely demise. The baby’s gender remained unknown as bystanders were unable to determine the circumstances or time of the abandonment. … Continue reading Cross River speaker takes action as 1 day old infant drowns to flooding
Prominent human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has expressed his view that the Federal Government’s allocation of N5 billion for fuel subsidy removal palliatives is a misguided diversion and wasteful. Falana conveyed this stance during an … Continue reading Femi Falana labels N5 billion state palliatives as diversionary and wasteful
Four individuals, including three male hunters and a woman, have been apprehended by the Adamawa State Police Command on charges of torturing a 14-year-old boy named Abobo Nasani. The incident reportedly stemmed from suspicions of Nasani stealing N21,000 belonging to … Continue reading Four arrested for allegedly torturing boy over suspected N21,000
The Murtala Muhammed Airport Command of the Nigeria Customs Service has successfully intercepted a significant haul of male donkey genitals and dried shark fins valued at N1.23 billion at the Lagos Airport, intended for shipment to China and Hong Kong … Continue reading Customs seize donkey genitals at Lagos airport
Taiwo Awoniyi, the Super Eagles striker currently playing for Nottingham Forest in the Premier League, has shared his remarkable journey of triumphing over adversity, reflecting on nights he went to bed without food during his childhood. Joining Liverpool at 18, … Continue reading Taiwo Awoniyi, Nottingham Forest and Super Eagles striker, shares childhood struggles
A significant stride in Nigeria’s power landscape has been achieved as Transnational Corporation, at the helm of a consortium, secures a 60% stake in the Abuja Electricity Distribution Company (AEDC) and stakes in Delta power plants. This momentous development propels … Continue reading Transcorp, led by Elumelu, strengthens presence in Nigeria’s power sector
The total amount of currency in circulation within the country has diminished from N2.6 trillion (N2,603,266 million) at the close of June 2023 to N2.59 trillion (N2,595,761 million) by the conclusion of July 2023. Notably, this marks the first decrease … Continue reading Currency in circulation records first drop in five months
In July 2023, credit extended to the Nigerian government experienced a 3.5 percent sequential rise, totaling N32.3 trillion, as compared to N31.2 trillion in June. Increase in credit allocation to the private sector The Central Bank of Nigeria (CBN) published … Continue reading FG credit surges by another 3.5% to reach N32.3 trillion
AGS NEWS 