Seplat Energy Plc, an oil company, has been fined N2 million by a Federal High Court in Abuja for filing a lawsuit against two members of its Statutory Audit Committee (STACO). The court, presided over by Justice Inyang Ekwo, ordered … Continue reading Seplat Energy fined N2m for suing incorrect individuals
The board of directors of the African Development Bank Group has given the green light for a $115 million loan to support a significant road rehabilitation project in Abia State. The project aims to rehabilitate roads, address erosion control, develop … Continue reading AfDB approves $115m loan for road rehabilitation project in Abia state
Stock investors kicked off the second half of the year on a positive note, as they accumulated gains of N533 billion on the first trading day. The All-Share Index rose by 1.61%, closing at 61,949.24 index points, while the market … Continue reading Stock investors kick off second half of the year with N533bn gain
According to Bank of America’s sub-Saharan Africa Economist, Tatonga Rusike, the Central Bank’s Monetary Policy Committee may need to increase interest rates by at least 700 basis points before the year ends in order to address the escalating inflation in … Continue reading Bank of America warns of potential 30% inflation in Nigeria
The final report of the European Union Observer Mission on the February 25 presidential election was admitted as evidence by the Presidential Election Petition Court in Abuja. The report was presented by the Peoples Democratic Party (PDP) and its candidate, … Continue reading Presidential election petition tribunal accepts EU report as evidence in presidential poll case
JAMB Registrar Forewarns of Shocking Details in Forgery Scandal: Candidate’s Fake Result Publicly Exposed. Prof. Ishaq Oloyede, the Registrar of the Joint Admissions and Matriculation Board (JAMB), revealed that if the board chooses to disclose the intricacies of the “forgery” … Continue reading Nigerians will be shocked if we reveal all we know – JAMB registrar
Singer Crayon, also known as Charles Chibuezechukwu, has set the record straight regarding his age, refuting the information circulating on the internet claiming he is 21 years old. In a recent interview with Hip TV, Crayon clarified that he is … Continue reading I’m 24 years, not 21 – Crayon
A devastating fire broke out at Sopurum Hotel in the Nkwelle community of Onitsha, Anambra State. The incident occurred in the early hours of Monday, resulting in significant damage to a substantial portion of the hotel structure. Fire service personnel … Continue reading Fire engulfs popular hotel in Onitsha
The Enugu Zonal Command of the Economic and Financial Crimes Commission (EFCC) has achieved a significant milestone by securing the conviction of 16 individuals involved in internet fraud. The conviction took place on June 27, 2023, before Justice F.I Riman … Continue reading EFCC nabs 16 internet fraudsters in landmark case
Ajayi Polytechnic in Ikere Ekiti, under the leadership of its founder, Dr. Busayo Ajayi, has provided scholarships to over 700 students, with plans to extend the offer to an additional 1,000 students in the next academic session. The institution remains … Continue reading Ekiti poly scholarships benefit 700 students and counting
Charly Boy, the controversial singer also known as Charles Oputa, has responded to demands for his arrest following his recent statement. In a tweet on Saturday, he encouraged Nigerian youths to follow the example of French protesters who destroyed public … Continue reading Charly Boy mocks those who call for his arrest over his recent comment
A Magistrate’s Court in Yaba, Lagos State, has directed the remand of Smart Norbert for his alleged involvement in a burglary incident where valuables worth N3.9 million were stolen from Aboson Omolara in the Ikoyi area of the state. The … Continue reading Lagos man arrested for stealing N3.9m worth of valuables
The Federal Capital Development Authority (FCDA) is poised to demolish approximately 2,000 houses in the Trademore area of the Federal Capital Territory (FCT), potentially displacing around 40,000 residents. Adewale Adenaike, President of the Trademore Resident Association, expressed concern about the … Continue reading Abuja estate kick against proposed demolition of 2,000 houses
Federal Government’s N1,000 Proof of Ownership Certificate verification fee for motorists is projected to generate around N12 billion annually. The information was disclosed by the Permanent Secretary of the Lagos Ministry of Transportation, Abdulhafiz Toriola. The introduction of this certificate … Continue reading FG aims to generate N12bn through new vehicle tax
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted reports suggesting that its members are preparing to raise the price of Premium Motor Spirit (PMS), commonly known as petrol, to N700 per litre nationwide. Dele Tajudeen, the Chairman of … Continue reading No plans to raise petrol pump price to N700 per litre – IPMAN
The management of Lekki Deep Sea Port has announced the arrival of CMA CGM RIMBAUD, marking the first transshipment vessel to call at the container terminal of the port. This news was shared by Du Ruogang, the Managing Director of … Continue reading Lekki port welcomes first transshipment vessel
President Bola Tinubu has appealed to Nigerians to be patient and understand the incremental progress his administration is making in rebuilding the country. During a visit to the Alake and Paramount ruler of Egbaland, Tinubu expressed his willingness to fulfill … Continue reading I’m not in a hurry to rebuild Nigeria – Tinubu
Fidelity Bank recently conducted a two-day feeding program in Kano State, benefiting more than 1,000 residents including women, children, widows, and elderly men. The event, held in collaboration with the Misnoory Foundation, took place in Kabuga Satellite Town and aimed … Continue reading Fidelity bank donates food to Kano residents
The Nigerian national football team, the Super Eagles, have risen from the 40th to the 39th position in the latest FIFA world ranking. The updated ranking was released on the official website of FIFA on Thursday, June 29. In the … Continue reading Nigeria climbs to 39th position in latest FIFA world ranking
Just weeks after the demise of Yoruba actor Murphy Afolabi, another veteran Yoruba actress, Sidikat Odunkanwi, widely known as Iyabo Oko, has passed away. The news was shared by her daughter on Instagram, revealing that the actress succumbed to an … Continue reading Veteran yoruba actress Iyabo Oko dies at 61
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has foreseen a potential surge in the pump price of petrol, estimating that certain states in the country could experience prices exceeding N700 per litre starting from July. In an interview with … Continue reading Fuel marketers predict petrol price to reach N700 per litre in Nigeria
The United States Department of State has announced the formation of an Energy Security Dialogue with Nigeria following a recent visit by Assistant Secretary for Energy Resources, Geoffrey R. Pyatt. The dialogue aims to promote collaboration between the two countries … Continue reading Blinken announces U.S.-Nigeria energy security dialogue to advance energy and climate goals
President Bola Ahmed Tinubu is expected to return to Nigeria on Tuesday, just in time for the Sallah celebrations, according to a source close to the Presidency. After concluding his official trip to Paris, where he participated in the summit … Continue reading Tinubu set to arrive in Lagos on tuesday for sallah celebrations
Cross River State Governor, Bassey Otu, has issued a directive for the immediate suspension of all operations and activities at Marina Resort in Calabar. The decision comes in the aftermath of a boat accident on June 24, 2023, involving 14 … Continue reading Cross River governor suspends operations at Marina resort following boat accident
The Rivers State chapter of the All Progressives Congress (APC) has refuted claims that it extended an invitation to former Governor Nyesom Wike to join the party. The APC categorically dismissed such claims and referred to those making them as … Continue reading We didn’t officially invite Wike to join our party – APC
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