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Presidency Rejects “Controlled Floatation” Proposal, Cites Emefiele-Era Risks and…
The Nigerian presidency has rejected the proposal for a "controlled floatation" of the naira, arguing it would replicate the economic policies of former Central Bank Governor Godwin Emefiele and exacerbate existing challenges. This…
APC Rejects PDP Call for Tinubu Resignation, Calls it “Self-Indictment”
The All Progressives Congress (APC) says governors of the Peoples Democratic Party (PDP) indicted themselves when they asked President Bola Tinubu to throw in the towel over economic hardship in the country.
The governors of the…
Shallipopi, Davido’s Logistics Manager, Israel DMW, In Car Crash
Davido’s logistics manager, Israel DMW, and singer, Shallipopi, were involved in a car accident on Sunday.
Israel made this known on his Instagram story on Sunday.
Shallipopi had held a concert in Abuja on on Saturday night with…
Wike Boasts of Unity, Predicts 2027 Victory in Rivers
During a thanksgiving service for Senator Barinada Mpigi, Nyesom Wike made a bold statement regarding the upcoming 2027 elections, claiming victory for his party and highlighting the state's unique political landscape. This statement…
Atiku Questions Planning of Tinubu’s Foreign Exchange Policy
The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said President Bola Tinubu’s economic policies, particularly the unification of the exchange rate, were hastily implemented without adequate planning and…
FCMB Spreads “A Different Kind of Love” on Valentine’s Day, Supports Visually…
First City Monument Bank (FCMB) marked Valentine's Day this year with a heartwarming initiative titled "A Different Kind of Love," reaching out to visually impaired students and adults at four institutions across Lagos. This act of…
Lagos Landlords Beware: Rent Robbery Might Land You in the Slammer!
Attention all Lagos landlords, especially those with a penchant for pricing your apartments like they come with personal butlers and pet unicorns! Your days of fleecing tenants like overstuffed piñatas are numbered. The Lagos State…
Sahad Stores Reopens After Closure for “Misleading Pricing,” Raises Questions About…
Sahad Stores, a popular supermarket in Abuja, has reopened after a brief closure by the Federal Competition and Consumer Protection Commission (FCCPC). This development raises questions about the effectiveness of enforcement measures…
ADELABU: Power Minister Outlines Strategies to Tackle Nigeria’s Electricity Crisis — An…
In response to recent nationwide power disruptions, Minister of Power Bayo Adelabu held a press conference on February 14th to outline the government's strategies for addressing the ongoing crisis. While acknowledging the complex…
Tinubu Approves Upgrade of Key Health Facilities in All Regions (FULL LIST)
President Bola Tinubu announced the immediate upgrade of critical health facilities across Nigeria's six geopolitical zones. While this initiative carries the potential to improve healthcare access and quality, questions remain…
NLC Announces Nationwide Protest Feb 27-28 Over Hardship, Fuel Subsidy Removal
The Nigeria Labour Congress (NLC) announced a two-day nationwide protest scheduled for February 27 and 28, 2024, at a press conference today. This development signifies a potential escalation of public discontent over ongoing economic…
Sahad Supermarket Sealed by FCCPC Amidst Accusations of Extortion, Unfair Pricing
The Federal Competition and Consumer Protection Commission (FCCPC) has taken a strong stance against alleged consumer rights violations, sealing off the head office of Sahad Supermarket/Stores in Abuja. This action, led by Acting…
CBN Tightens Grip on FX: Oil Companies Must Now Wait 90 Days for Half of Proceeds
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once.
The apex bank said international oil companies can repatriate 50%…
Obi Vows Accountability: Labour Party to Disclose Campaign Finances and Audit Results
The Labour Party presidential candidate for the 2023 general elections, Peter Obi, on Thursday said the party will give a transparent account of funds realised during the campaign process.
Obi stated this during a press conference in…
ASUU Warns of Potential Debt Burden in Proposed Student Loan Scheme
The Academic Staff Union of Universities (ASUU( has said the proposed education loan scheme will keep students in permanent debt.
According to a statement on Thursday after its National Executive Council meeting at the Niger Delta…