NewsReports

Anambra State Governor, Prof. Charles Soludo has dismissed the rumor that he collected $28 million from anybody or party to blackmail the Labour Party presidential candidate, Peter Obi. Soludo said this while fielding questions from newsmen in Awka, the Anambra State capital, after the Thanksgiving mass for Most Rev. Paulinus C. Ezeokafor in celebration of his 70th birthday at St. …

A yet-to-be-identified man has narrated his ordeal in the hands of suspected kidnappers who abducted him and other passengers in the Lekki area of Lagos State The victim, in a viral video on Thursday, said he boarded a commercial bus to the Iyana-Oworo area of the state, but in the course of the journey, discovered that he had fallen into …

…Assures more support, better remuneration Edo State Governor, Mr. Godwin Obaseki, on Thursday, congratulated the management, players and supporters of Bendel Insurance team for their feat at the just-concluded Nigeria National League (NNL) Super 4 tournament, reassuring the government’s continued support for the state-owned football team. Bendel Insurance FC emerged champions of the NNL Super 4 tournament after defeating Doma …

*In public lecture at top Canadian University, VP says poor, vulnerable in developing economies are least culpable but may be worst hit **Adds: Africa doesn’t want free pass on net-zero emissions targets, there’s sufficient evidence of climate-sensitive, locally grounded transition pathways Beyond the reduction of greenhouse gas emissions globally, efforts being undertaken to address climate change must also take into …

…Queues resurface in Lagos Apparently preparing Nigerians for a full deregulation regime, depot owners and some petrol marketers have again put the nation in another panic mode by hoarding available products in a push to ensure prices are adjusted to meet their operating expenses. With products hoarded, fuel queues have emerged, forcing many motorists to engage in panic-buying, just as …

One hundred and sixty five billion old naira notes have so far been absorbed by commercial banks since the announcement of the planned launch of new naira notes on October 26. Director Currency, Central Bank of Nigeria (CBN), Ahmed Bello Umar, made the disclosure in Abuja at a post-Monetary Policy Committee media briefing. According to him, the amount deposited thus far …

Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from $4.1bn in November 2014 to $472,513 in the same period of 2022. According to a statement by the Ministry of Finance, Budget and National Planning, which was seen by The PUNCH on Wednesday, the ECA’s balance as at November 23, 2022, stood at $472,513.64. The …

*CBN is passionate about innovative payment systems, says Koyor Flutterwave’s Head of Risk, Africa, Emmanuel Efenure, has said that despite the pandemic-driven growth recorded by the Fintech industry across Africa, there are still more options to consider in recording further growth in the continent. He advocated for innovative contactless services as a major way to break the dominance of cash in …

Independent National Electoral Commission (INEC) has raised fresh concerns over security challenges confronting next year’s general elections. It also disclosed that it would today, publish summary of guidelines on finances and election expenses of parties and candidates and release the summary highlighting the legal provisions governing the conduct of political rallies, processions and campaigns. INEC’s Chairman, Mahmood Yakubu, made the revelation …

Leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, has filed a suit at the Abia State High Court sitting in Umuahia, against Ahmed Rufai Abubakar, the DG of National Intelligence Agency (NIA), Ahmed Rufai Abubakar, for his tortious role in the eight-day ‘false imprisonment’ of the IPOB leader in Kenya. The latest suit dated November 23, according …