NewsReports

l Presidency explains disbursement, benefits of loan l NECA lists measures to reduce forex pressures The Naira yesterday recorded significant gain against the dollar in the parallel market and the official Investors and Exporters, I&E window even as the forex market received a major supply boost as   the NNPC Limited secured a $3 billion facility from the AfreximBank aimed at stabilising the exchange rate. …

In the fast-paced world of politics, a single misstep can reverberate far beyond its initial utterance. Such was the case when the Senate President, Godswill Akpabio, made a seemingly innocuous statement that set off a firestorm of controversy. Akpabio, on August 7, before the Senate adjourned for a seven-week annual recess, told his colleagues that money had been sent to …

The former Emir of Kano, Sanusi Lamido Sanusi II, has said Nigerians take too much rubbish from politicians, encouraging the masses not to be intimidated by political leaders. According to Sanusi, if the politicians are not held to account, coming generations might have no country to call theirs. Sanusi, a former Central Bank of Nigeria, CBN, governor, said that most …

President Bola Tinubu has assigned portfolios to the ministerial nominees recently cleared for appointment by the Senate of the National Assembly. Appointing the portfolios, President Bola Ahmed Tinubu named former Nyesom Wike as Minister of the Federal Capital Territory (FCT). Other portfolios as released by the President on Wednesday are as follows: Ministers of Defence Mohammed Badaru, Housing and Urban …

…Says he regrets afterwards BY MIKE OSAROGIAGBON Benin City, Edo, Nigeria – An 85-year-old man has allegedly hacked his wife to death for persistently refusing him sexual intercourse in Benin City. Detectives in the homicide section of the Criminal Investigation Department (CID), Edo State Police Command have taken into their custody the suspect and the machete used for the killing. …

Federal Government, yesterday, lauded Google’s N1.2 billion grant initiative to facilitate the one million jobs scheme of the President Bola Tinubu administration. Vice President Kashim Shettima spoke, when he received in audience some executives of Google – a leading global technology company, at the Presidential Villa, Abuja. According to Shettima, the announcement of the grant to support government’s digital jobs …

…. described the appeal as belated and an afterthought A special panel of the Court of Appeal sitting in Abuja on Wednesday affirmed the decision of the Ogun State Governorship Election Petition Tribunal, which had earlier struck out all allegations of vote-buying and voter inducement made by the Ogun State chapter of the People’s Democratic Party (PDP) and its guber …

The United States Agency for International Development, on Wednesday, said that a new survey has rated Nigeria as the country with the second-highest malnutrition rate in the world. FILE PHOTO: Malnutrition The Director, USAID Mission, Anne Patterson disclosed this at the Trade Fair for Ready-to-Use Therapeutic Foods and Other Life-Saving Nutrition Commodities in Abuja. Citing the most recent Food Consumption …

…Says: making my deputy visible isn’t a crime Edo State Governor, Mr. Godwin Obaseki, has said the ‘Emilokan’ syndrome or spirit is not a strategy for winning elections and ruling Edo people. The governor said this when leaders of Edo South Senatorial District visited him in Government House on a solidarity visit today. He said what is happening between him …

Nigeria Police Force said it has cleared Ndiana Abasi Idongesit Udom in an ongoing investigation in which he and one Peace Ekom Robert ‘f’ were declared wanted on July 22nd, 2023 in the media and its official social media platforms. In a press statement on Tuesday signed by Force Headquarters, Abuja Public Relations Officer, ACP Olumuyiwa Adejobi, the Nigeria Police …