NewsReports

• PLATTS, FX rate constitutes over 80% build-up cost of PMS• Experts charge stakeholders on deepening FX market Major Oil Marketers Association of Nigeria (MOMAN) has emphasised that the gains from subsidy removal should be urgently invested in the promised palliatives, especially subsidised transportation, as well as social investment programmes for healthcare, education and infrastructure developments. Speaking in Lagos, yesterday, …

President Bola Ahmed Tinubu has told Nigerians that he will deliver on the promises he made inspite of the challenges currently facing the country. Tinubu said this on Wednesday in his address to Muslims to usher in the New Islamic Year while imploring them to imbibe the important values of patience, perseverance, and faithfulness, which were the hallmarks of Prophet …

The Supreme Court and the All Progressives Congress (APC) have denied social media posts on an alleged secret phone conversation between the Chief Justice of Nigeria (CJN), Olukayode Ariwoola, and President Bola Tinubu. They denied the reports in separate statements on Tuesday and Wednesday. They were reacting to a media report suggesting that the two men recently had a phone conversation focusing …

Miss Ejikeme Joy Mmesoma has, again, openly apologised to the Registrar of the Joint Admission and Matriculation Board JAMB, Prof. Ishaq Oloyede, and Nigerians. Ejikeme, in her apology, requested that the board temper justice with mercy and reverse the three years ban imposed on her by JAMB. She read the letter of apology before the House of Representatives ad hoc …

As part of its review of the 2023 general elections, the Independent National Electoral Commission (INEC) on Wednesday met with Electoral Officers (EOs) and leaders of the transport associations. The post-election review began early this month with Resident Electoral Commissioners (REC) of all the states of the federation and the FCT. Chairperson for the commission, Mahmood Yakubu, said the review will focus …

Tobi Amusan, Nigeria’s queen of the tracks and Women’s hurdles world record-holder has dismissed a doping rule violation charge levelled on her by the Athletics Integrity Unit (AIU). “I am a clean athlete, and I am regularly; (maybe more than usual) tested by the AIU,’’ the 26-year-old athletics sensation posted on her Instagram page on Wednesday after the charge. “I …

The House of Representatives on Wednesday confirmed the appointment of the Chief of Defence Staff and Service Chiefs as requested by President Bola Tinubu. The confirmation followwd the consideration of the report of the ad hoc committee that screened the appointees headed by Hon. Babajimi Benson and comprised all Principal Officers of the House. The House confirmed Major-General Christopher Gwabin Musa …

•President directs review of N8,000 cash transfer to poor households President Bola Ahmed Tinubu yesterday ordered immediate release of grains and fertilisers to 50 million farmers and households. He also ordered a review of the N8,000 conditional cash transfer programme. The sum was proposed for payment to 12 million poor households for six months to ease the harsh effects of …

There was widespread anger by Nigerians, on Tuesday, following the hike in the pump price of Premium Motor Spirit, popularly called petrol, by the Nigerian National Petroleum Company Limited and other oil marketers across the country. In Abuja and Ondo State, for instance, the cost of petrol jumped from about N537/litre to between N617 and N630/litre, forcing the cost of …

To curb the spate of online violence targeted at children and women and reduce digital inequalities, a digital safety, rights and society advocacy group, TechSocietal, on Tuesday, organised an online safety workshop for civil societies organisations and government sexual assault referral centres, among others. Speaking at the event, the Head of Safety Africa, Middle and Turkey at Meta, Sylvia Musalagani, …