NewsReports

President Bola Tinubu has expressed optimism following a new report from the National Bureau of Statistics (NBS) revealing Nigeria’s trade surplus reached N6.95 trillion in the second quarter of 2024. This is according to Bayo Onanuga Special Adviser to the President (Information & Strategy) in a statement he released on Thursday. It noted that this represents a 6.60% increase compared …

A billionaire and an engineer have become the first non-professional crew to perform one of the riskiest manoeuvres in space – a spacewalk. Jared Isaacman and Sarah Gillis stepped out of the SpaceX spacecraft around 15 minutes apart, starting at 11:52BST, wearing specially-designed suits. “Back at home we all have a lot of work to do, but from here Earth …

Seventeen of the 18 political parties contesting the September 21 Edo governorship election have signed a peace accord ahead of the election. PDP Chairman Anthony Aziegbemi and its candidate, Asue Ighodalo, who were present during the signing of the peace accord, declined to sign. Aziegbemi told newsmen that they were declining because 10 members of the party were currently being …

The Central Bank of Nigeria (CBN) has mandated all Payment Service Providers to route transactions from Point of Sale (PoS) terminals—both physical and electronic—through an approved CBN-licensed Payment Terminal Service Aggregator (PTSA). This directive is part of the CBN’s effort to enhance the monitoring and decentralisation of electronic transactions across Nigeria, addressing concerns about the centralisation of PoS transaction routing. …

Nigeria’s frontline rights group, the Africa Network for Environment and Economic Justice (ANEEJ), on Tuesday in collaboration with the Nigeria Civil Society Situation Room, Korea Development Institute (KDI) and the Nigerian Police Force, hosted the Edo 2024 Governorship Election Peace and Security Summit. The event was supported by the Foreign, Commonwealth and Development Office (FCDO). Rev David Ugolor, the Executive …

Nigeria’s Inspector General of Police, Kayode Egbetokun, announced on Wednesday that 35,000 police officers will be deployed across Edo State for the September 21 governorship election. Additionally, 8,000 personnel from sister security agencies, including the armed forces and the Nigerian Security and Civil Defence Corps (NSCDC), will be mobilized to support the police. The Vanguard News reports that the IGP …

Nigeria’s crude oil production saw a slight increase from 1.307 million barrels per day (mbpd) in July to 1.352 mbpd in August, according to the Organisation of the Petroleum Exporting Countries (OPEC) in its September Monthly Oil Market Report. This represents a marginal rise of 45,000 barrels per day, as reported by direct communication with the Nigerian government. This report …

The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, on Wednesday assured stakeholders in Edo State of the commission’s readiness for the September 21 governorship election. Yakubu told the stakeholders in Benin to cooperate with the commission to ensure credible election. Yakubu noted that the meeting was a tradition convened on the eve of major off-cycle governorship …

Each defendant is required to provide a surety with landed property in Abuja and pay N10 million bail. A Federal High Court in Abuja has granted bail to 10 protesters arrested in Abuja, Kaduna, Kano, and Gombe, for their involvement in the #EndBadGovernance protests.  Each defendant is required to provide a surety with landed property in Abuja and pay N10 …

The top election officials from six states testified Wednesday on Capitol Hill about efforts torun a clean and fair election, as some of the first ballots for the 2024 presidential election are being mailed out.  The six officials – three Republicans and three Democrats – stressed that the election season is already in full swing, with tens of millions of voters …