The Federal Executive Council (FEC), under the leadership of President Bola Tinubu, convened on Tuesday, March 4, to approve multiple road construction contracts aimed at improving Nigeria’s infrastructure. Sunday Dare, the Special Adviser to the President on Media and Public Communication, confirmed the approval of these projects and their commencement. The former Minister of Sports […]
The increasing destruction of Abuja roads by tipper truck drivers transporting sand, gravel, and concrete is a concerning issue that demands urgent attention. These reckless drivers, while en route to construction sites across the city, are leaving a devastating impact on the road infrastructure. A Worsening Problem Initially, the issue was limited to occasional spills […]
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The Central Bank of Nigeria (CBN) has officially appointed 16 new directors to oversee critical departments, effective March 3. This strategic move aims to enhance the bank’s regulatory, supervisory, and policy-driven functions, ensuring improved efficiency in the nation’s financial system. CBN’s Newly Appointed Directors and Their Departments The newly appointed directors and their respective departments […]
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The re-elected Speaker of the Lagos State House of Assembly, Mudashiru Obasa, is currently engaged in a crucial closed-door reconciliatory meeting with 39 members of the legislative house. Obasa’s Reconciliation Efforts with Lagos Lawmakers The high-level discussion, taking place at the legislative complex in Alausa, Ikeja, commenced at approximately 2:10 PM. In attendance is Deputy […]
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A devastating tanker explosion in Ibadan, the capital of Oyo State, has resulted in the tragic loss of two lives. The deceased, identified as the driver and his assistant, were caught in the inferno when their fuel-laden vehicle erupted in flames. Incident Details The explosion occurred in the early hours of the morning at the […]
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WASHINGTON, DC – March 3, 2025 – President Donald Trump has temporarily halted U.S. military assistance to Ukraine after a contentious Oval Office meeting with Ukrainian President Volodymyr Zelensky, a White House official disclosed to CNN on Monday. This decision follows Zelensky’s public statement expressing his willingness to mend ties with Trump and work under […]
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LeBron James has set yet another historic benchmark in basketball, becoming the first player in NBA history to surpass 50,000 combined career points. The Los Angeles Lakers superstar achieved this incredible feat on Tuesday, further solidifying his legacy as the league’s all-time leading scorer. LeBron James’ Historic Achievement Heading into the game against the New […]
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PANDEF Condemns Politicization of Allegations The Christian Association of Nigeria (CAN) has firmly opposed demands for the resignation of Senate President Godswill Akpabio following sexual harassment allegations leveled against him by Senator Natasha Akpoti-Uduaghan. Meanwhile, the Pan Niger Delta Forum (PANDEF) has criticized the Arewa Consultative Forum (ACF), accusing it of politicizing the controversy. CAN […]
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As political tensions intensify in Rivers State, state leaders have firmly rejected the ultimatum issued by the Martins Amaewhule-led faction of the House of Assembly, demanding the presentation of the 2025 budget. They assert that complying would be a strategic move to entrap Governor Siminalayi Fubara. The Ijaw National Congress (INC) has strongly opposed any […]
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Lagos Speaker Engages in Peace Talks, Set to Withdraw Lawsuit The All Progressives Congress (APC) in Lagos State has refuted claims that the Speaker of the Lagos State House of Assembly, Mr. Mudashiru Obasa, will be stepping down as part of the leadership crisis resolution within the House. The party clarified that Obasa’s resignation was […]
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The price of Nigeria’s Bonny Light crude oil has experienced a sharp decline, falling by 10.6% from $84.02 per barrel on January 15th to $73.53 per barrel. This significant drop raises concerns over the Federal Government’s ability to meet its 2025 budget revenue projections. The 2025 national budget was structured around a crude oil benchmark […]
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Bismarck Rewane Predicts Continued Reduction in Petrol Prices Bismarck Rewane, the Managing Director of Financial Derivatives Company Limited, has projected that petrol prices in Nigeria will continue to decline until June 2025. Both the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery recently announced reductions in petrol prices, signaling a potential market shift beneficial […]
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Jude Okoye, the elder brother and former manager of the defunct music duo P-Square, has been ordered to remain in custody following fresh fraud allegations amounting to $1,019,763.87 and £34,537.59. Fraud Charges Against Jude Okoye On Monday, the Economic and Financial Crimes Commission (EFCC) formally charged Okoye with four counts of financial misconduct. The charges […]
