IMF Lowers Nigeria’s Growth Forecast Due to Oil Production and Flooding

The International Monetary Fund (IMF) has reduced its growth forecast for Nigeria, citing low oil production, severe flooding, and inflation as significant challenges to the nation’s economy. In its latest World Economic Outlook (WEO), the IMF revised Nigeria’s projected growth rate for 2024 to 2.9%, down from the previous estimate of 3.3%. The downgrade stems […]

FCCPC Engages Power Firms on Prepaid Meter Phase-Out, Commits to Safeguarding Consumer Rights

The Federal Competition and Consumer Protection Commission (FCCPC) is addressing consumer concerns regarding the planned phase-out of Unistar prepaid meters by Ikeja Electric Plc and other distribution companies (DisCos), following numerous complaints. Ikeja Electric recently announced that the Unistar prepaid meters, initially deployed over a decade ago, would no longer be supported after November 14, […]

The governor of Enugu threatens to punish traders, bankers, and educators who follow the sit-at-home directive.

Governor Peter Mbah of Enugu State has announced that his administration will take action against schools and businesses that comply with the two-day sit-at-home order declared by the outlawed Indigenous People of Biafra (IPOB). Chidiebere Onyia, the state government’s secretary, made this clear during a joint press briefing with security chiefs, following a tour of […]

Senator Ashiru responds, calling the NDLEA’s assertions deceptive.

Senator Oyelola Ashiru’s office has dismissed claims made by the National Drug Law Enforcement Agency (NDLEA) regarding a raid on his residence. According to a statement released by Olaitan Adeyanju, Senator Ashiru’s legislative aide, the NDLEA’s press release on October 21, 2024, alleged that illegal drugs were found during a raid at the senator’s home […]

Just In: NIS Arrested Bobrisky At Seme Border

The Nigeria Immigration Service (NIS) has confirmed the arrest of controversial crossdresser Idris Okuneye, popularly known as Bobrisky, at the Seme Border. The arrest occurred as Bobrisky allegedly attempted to flee Nigeria, raising public curiosity and stirring further speculation about his recent activities. In an official statement released on Monday night, the NIS spokesperson, DCI […]

Kwara Zonal EFCC has re-arraigned Her State Ex-Governor for alleged N5.78bn fraud.

The Ilorin Zonal Office of the Economic and Financial Crimes Commission (EFCC) has re-arraigned the former governor of Kwara State, Abdulfatah Ahmed, along with his ex-Finance Commissioner, Ademola Banu, over a 14-count charge related to the alleged mismanagement and theft of N5.78 billion in public funds. This re-arraignment took place before Justice Mahmud Abdulgafar of […]

The Nigerian government has granted approval for Seplat Energy’s $1.28 billion acquisition of ExxonMobil’s onshore assets.

The Nigerian government has granted approval for Seplat Energy’s $1.28 billion acquisition of ExxonMobil’s onshore assets, marking a significant milestone in the nation’s energy sector. This was confirmed by the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, during the agency’s third anniversary event in Abuja. The approval follows President […]

FG Panel Says Bobrisky Enjoyed Several Privileges In Prison.

An investigative panel has revealed that Idris Okuneye, also known as Bobrisky, served a full six-month prison sentence without sleeping outside prison, despite claims to the contrary. Bobrisky was sentenced on April 12 and released on August 5, 2024, for violating currency laws. Olubunmi Tunji-Ojo, the Minister of Interior, ordered an investigation after an activist, […]

Update: Former Aviation Minister, Femi Fani-Kayode, has announced the death of his long-time aide Investigation.

Former Aviation Minister, Femi Fani-Kayode, has announced the death of his long-time aide, Ndifreke Mark, who had worked with him for 34 years. Mark was found unresponsive in a hotel room in Abuja after attending mass at the Catholic Church of the Assumption in Asokoro. In a statement, Fani-Kayode explained that police investigations revealed Mark […]

Lagos CP Orders Release of Detained Protesters on #EndSARS Anniversary

The Lagos State Commissioner of Police, Mr. Olanrewaju Ishola, has directed the immediate release of all individuals detained in connection with the #EndSARS protests. This announcement was made by the Command’s spokesperson, SP Benjamin Hundeyin, through a statement on his X (formerly Twitter) handle. While no specific details were provided on the number of detainees, […]

Lagos to hold strategic MGT meeting with MDAs

The Lagos State Ministry of Justice (MOJ) will hold a two-day Strategic Management Meeting to boost collaboration and law enforcement coordination across various Ministries, Departments, and Agencies (MDAs) in Lagos State. The event is scheduled for October 23rd and 24th, 2024, at the Radisson Blu Hotel in Ikeja, Lagos. According to Mrs. Grace Alo, Director […]

Insecurity in Nigeria today is so bad Obasanjo voice out.

Former Nigerian President Olusegun Obasanjo has raised concerns about the urgent need to address the growing insecurity in various parts of the country. During a visit to Bauchi State, where he commissioned several road projects completed by Governor Bala Mohammed’s administration, Obasanjo emphasized that Nigeria must act quickly to resolve the worsening security situation. He […]

SERAP to Tinubu Government: Stop Using DSS and Proxies to Suppress Critics

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu’s administration to cease using the nation’s security agencies, particularly the Department of State Services (DSS), to intimidate Nigerians who are exercising their fundamental human rights. SERAP urged Tinubu to direct the DSS to immediately withdraw a defamation lawsuit allegedly filed by proxies […]