Planned Protest: FG begins sale of 50kg rice for N40,000
Ahead of the planned protest, the Federal Government says it has created centres across the country where Nigerians can purchase a 50kg bag of rice for N40,000. Information Minister, Mohammed Idris, who revealed this after the Council meeting, said this was one of several initiatives by the Tinubu administration to ease living conditions for citizens. […]
FEC Approves Sale of Crude Oil to Dangote Refinery and others in Naira
The Federal Executive Council has approved the sales of crude oil to local Refineries in Nigeria, Including Dangote Refinery to be denominated in Naira at a fixed exchange rate. Announcing this after the FEC meeting on Monday, the Special Adviser on Revenue to the President and FIRS Chairman, Zack Adedeji explained that the strategic intervention is […]
D’Tigress Make First Olympic History with Win Against Australia
Nigeria’s female basketball team, D’Tigress, in their first match at the ongoing 2024 Summer Olympics in Paris, achieved a historic victory by defeating the Opals of Australia in a stunning 75-62 at the Pierre Mauroy Stadium today in the Women’s Olympic Basketball event. This win marks their first Olympic game victory in 20 years since […]
Senate begins investigation into Importation of adulterated petrol
The Senate has commenced moves to unravel the circumstances behind the importation of adulterated petroleum products into Nigeria. A 15-man ad-hoc committee led by its Chairman, Opeyemi Bamidele, was constituted by the senate leadership to carry out the investigation, and they have promised to invite relevant stakeholders to answer questions regarding the shortcomings in the […]
President Tinubu blasts sponsors of planned protest
President Bola Tinubu has allayed fears of manipulation by any interest group, in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness to any individual or institution. The President, who stated this yesterday when he received a delegation of Islamic leaders at the State House led by Sheikh Bala Lau, noted […]
CBN Raises Monetary Policy Rate From 26.25% To 26.75%
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 50 basis points, from 26.25% to 26.75%. Announcing this after the apex bank’s 296th Monetary Policy Committee meeting in Abuja, CBN Governor, Olayemi Cardoso, said the committee also pegged the Cash Reserve Ratio for Deposit Money Banks at 45% while that […]
President Tinubu calls for suspension of August 1 planned protests
President Bola Tinubu has appealed to Nigerians to shelve the August 1 planned nationwide protests against bad governance in the country. Tinubu, who spoke through the Information Minister, Mohammed Idris, after a meeting yesterday, said he is gravely concerned about the economic challenges and working assiduously to ameliorate the sufferings of Nigerians. Our correspondent, Raliat […]
58 more trafficked Nigerians rescued in Ghana
A total number of 58 new sets of Nigerian women and children were rescued from Human Traffickers in Ghana thus bringing the total number of rescued Nigerians in Accra in the last three months to 105. Chief Callistus Elozieuwa, Chairman NIDO Board of Trustees in Ghana disclosed this to the Chairman/CEO, Nigerians in Diaspora Commission […]
President Tinubu urges the youth not to protest
President Bola Tinubu has urged the youth not to carry out their planned protests against the Federal Government’s economic reforms. Tinubu made the call in Abuja yesterday at a meeting of the National Council of Traditional Rulers, where he was represented by the Secretary to the Government of the Federation, George Akume. According to him, […]
Stakeholders in oil and gas speak on resolving issues
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. The minister convened the meeting which held yesterday in Abuja to find a lasting solution to the current impasse affecting the Dangote Refinery, with all parties […]
