NewsReports

President Bola Tinubu has appointed Major General Olufemi Oluyede as the Acting Chief of Army Staff. This was announced in a statement released on Wednesday by presidential spokesman Bayo Onanuga. Major General Olufemi Oluyede Onanuga explained that Oluyede would assume the role pending the return of Lt. General Taoreed Abiodun Lagbaja, who is currently abroad for medical treatment. The statement …

Ministerial nominee Bianca Odumegwu-Ojukwu, during her Senate screening on Wednesday, recounted her challenging experience as Nigeria’s ambassador to Spain, revealing that she lived in a hotel for a year due to the dilapidated state of the Nigerian embassy in Madrid. President Bola Tinubu nominated Bianca Odumegu-Ojukwu as the Minister of State, Foreign Affairs. Speaking at screening before the Senate on …

The Rivers State government expressed that the recent Federal High Court ruling in Abuja, which ordered the cessation of local government allocations, was anticipated due to various developments during the court process. Commissioner for Information, Joe Johnson, highlighted signs that led to the prediction, noting, “When the trial Judge refused to add the 23 Council Chairmen as parties, declined the …

The Senate has confirmed the appointment of all seven ministerial nominees of President Bola Tinubu, submitted to the upper chamber last Wednesday. This follows the screening of the nominees by the upper chamber on Wednesday. The screening exercise was held at the red chamber after it was postponed on Tuesday. The Senate suspended its rule to admit the ministerial nominees. The lawmakers began with Nentawe …

A Federal High Court in Abuja has barred the Central Bank of Nigeria from disbursing further monthly allocations to the Rivers State Government, citing alleged constitutional violations by Governor Siminalayi Fubara. In her ruling on Wednesday, Justice Joyce Abdulmalik found that Governor Fubara’s presentation of the 2024 budget to a four-member House of Assembly breached constitutional protocol. Justice Abdulmalik highlighted …

The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,025 per litre from the previous rate of N980 per litre in Lagos and surrounding areas. This adjustment, announced on Tuesday, marks the third price change in September and October 2024 and is part of the government’s deregulation policy, …

President Joe Biden of the United States has thanked his Nigerian counterpart, President Bola Tinubu for the recent withdrawal of criminal charges against Tigran Gambaryan, the Head of Financial Crimes Compliance at Binance. In what looks like a significant diplomatic exchange, the two leaders held a 30-minute phone conversation on Tuesday afternoon, during which they discussed various issues of mutual …

The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,025 per litre from the previous rate of N980 per litre in Lagos and surrounding areas. This adjustment, announced on Tuesday, marks the third price change in September and October 2024 and is part of the government’s deregulation policy, …

The chairman of Dangote Group, Aliko Dangote, has blamed the persistent shortages and long queues at filling stations across Nigeria on the failure of marketers to lift the products from his refinery. Speaking in an interview with correspondents at the Presidential Villa, Abuja on Tuesday, he emphasized the refinery’s capacity to meet the nation’s fuel demands and urged fuel retailers …

President Bola Tinubu is currently holding a briefing at the Aso Rock Presidential Villa in Abuja with the Implementation Committee on Crude Oil and Refined Products Sales in Local Currency. The committee, chaired by Finance Minister Mr. Wale Edun, includes notable members such as Aliko Dangote, Chairman of the Dangote Group, and Mr. Mele Kyari, Group CEO of the Nigerian …