NewsReports

Various monetary policies introduced by the Central Bank of Nigeria (CBN) attracted $1.5 billion into the Nigerian economy in March, the apex bank has disclosed. Acting Director of the Corporate Communications Department at the CBN, Mrs. Hakama Sidi Ali, in a statement in Abuja yesterday, explained that the influx of foreign capital underscores the effectiveness of its policies. CBN noted …

Edo State Governor, Mr. Godwin Obaseki, has charged Christians across the country to reflect on the significance of Good Friday by imbibing the virtues of sacrifice, love, tolerance and selflessness. The governor made the submission in commemoration of Good Friday, a Christian holiday set aside for the Easter celebration. He noted, “I celebrate with our Christian brothers and sisters as we mark …

…Charges politicians on sacrifice, selflessness Nigeria’s former President, Olusegun Obasanjo has charged Nigerians not to lose faith in the country and political leaders on sacrifice and selflessness. Obasanjo gave the charges while speaking as a guest of Edo State Governor, Mr. Godwin Obaseki, at the weekend (Saturday) March 30, 2024. Obaseki received Obasanjo who was on a courtesy visit at …

Ukrainian forces would have to cede further territory to Russia if US military aid does not arrive soon, President Volodymyr Zelensky has warned, in his latest appeal to Congress to pass a multibillion-dollar package. President Joe Biden’s administration is struggling to push a $95 billion international aid package – which includes $60 billion for Ukraine – through the House of Representatives …

Plans are underway to position Nigeria as a major player in the vehicle manufacturing industry, according to the Minister of Industry, Trade and Investment, Doris Uzoka-Anite. The minister stated this on Friday while launching the Nigeria Automotive Industry Development Plan at a gathering that was attended by stakeholders drawn from the private and public sectors. Minister of Industry, Trade and …

It was gathered that the new arms packages include more than 1800 MK84 2,000-pound bombs and 500 MK82 500-pound bombs, according to Pentagon and State Department officials familiar with the matter. The United States government under the leadership of President Joe Biden has approved the transfer of billions of dollars in bombs and fighter jets to Israel despite Washington’s concerns …

Barring any last minute change in plans, the Third Mainland Bridge in Lagos, which has been partially closed to traffic in the last seven weeks, will be re-opened on April 4, 2024.  Lagos Commissioner for Transportation, Oluwaseun Osiyemi, confirmed the reopening on Saturday, March 30 in a statement.  Osiyemi said: “Dear Lagos Residents, We’re pleased to share that the Third Mainland …

WASHINGTON — As Donald Trump campaigns on promises of mass deportations and pardons for those convicted in the Jan. 6, 2021, riot at the Capitol, his ideas are being met with little pushback and some enthusiasm by a new era of Republicans in Congress. It’s a shift from the first time around when the presumptive Republican presidential nominee encountered early skepticism and, once in a while, …

•Suspected oil bunkerers first kidnapped Major Saffa, JTF commander•Lt Col Ali, Commanding Officer, 181 Amphibious Battalion went on a rescue mission •Why Army is livid With the latest revelations on the March 14 killing of 17 soldiers in Delta State, the prevalent supposition that the misapprehension between Okuama, an Urhobo community in Ughelli South Local Government Area, Delta State, and Okoloba, …

Data obtained by PREMIUM TIMES shows that the corruption-riddled ministry transferred over N1.4 billion into the private bank accounts of eight officials within four years. Between 2019 and 2023, the Ministry of Humanitarian Affairs, Disaster Management and Social Development illegally transferred over N1.4 billion into the private bank accounts of eight members of its staff. Data obtained from Govspend exposed …