#featured

Aโ€™Court upholds Fintiriโ€™s election as Adamawa gov, throws out Binani’s petition

The Abuja Division of the Appeal Court on Monday, affirmed the re-election of Governor Ahmadu Fintiri of Adamawa State. The Appelate court by so doing, dismissed the petition filed by the All Progressives Congress (APC) and its governorship candidate in the March 18 gubernatorial election, Senator Aisha Dahiru Binani who had sought to invalidate the election results. In a unanimous …

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Agbakoba rubbishes Supreme Court, says it’s the worst in 45 years

A former president of the Nigerian Bar Association (NBA) Olisa Agbakoba has come down hard on the current Supreme Court of Nigeria, describing it as the โ€œworstโ€ in his 45 years of legal practice. Agbakoba said this on Friday in Abuja at a colloquium to mark the 61st birthday of the Senate President, Godswill Akpabio. The colloquium was attended by …

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FG, states, LGAs share N1.08trn as revenue allocation for November

The three tiers of government on Friday shared a total sum of N1.088.783 trillion as revenue allocation for November. The Federation Account Allocation Committee (FAAC) disclosed this in a communiquรฉ issued at the end of its meeting in Abuja. According to the committee, the distributable revenue comprised statutory revenue of N376.306 billion, Value Added Tax (VAT) revenue of N335.656 billion, …

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Nigeriaโ€™s inflation rate rises for 11th month to 28.2%

Nigeriaโ€™s inflation rate for the eleventh consecutive month rose higher, reaching 28.2 percent in October 2023, according to the National Bureau of Statistics (NBS). The NBS which made this known on Friday in its CPI report for November said the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 28.2 percent …

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Despite CBN assurances, cash scarcity persists as banks limit withdrawals to N10k, ATMs dry up, PoS operators hike charges

Despite the assurances by the Central Bank of Nigeria (CBN) that cash I circulation has hit N3.4tr and repeated statements by the apex bank on the availability of the domestic currency, checks by Ripples Nigeria has shown that the cash scarcity persists in most parts of Lagos and Ogun states. Visits to several Automated Teller Machines (ATMs) show machines that …

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NGX: Investors gain N85.3bn as equities market sustains bullish run

Trading activities ended on a positive note on Thursday with a 0.22% growth in the All-Share Index (ASI). The ASI rose by 156 basis points to close at 72,455.83 from 72,299.79 posted by the bourse on Wednesday. In the same vein, the market capitalization rose by N85.3 billion to N39.649 trillion from N39.564 trillion recorded the previous day. 26 stocks …

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Go for skills, certificates no longer guarantee jobs, JAMB boss, Oloyede tells students

The Registrar of the Joint Admission and Matriculation Board (JAMB), Professor Ishaq Oloyede, has advised Nigerian students to seek to gain demonstrable skills in addition to their education as university degrees and certificates will no longer be a guarantee to securing jobs. Oloyede who gave the advice on Thursday during the convocation ceremony at the Kwara State University, Malete, said …

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RipplesMetrics: Trends in โ€˜accidentalโ€™ military airstrike in Nigeria

Villagers of Tudun Biri, a local community in the Igabi Local Government area of Kaduna State, on December 3 gathered to celebrate Maulud, the birthday of the Prophet Muhammad when a military bomb, which was on a routine counter-terrorism operation, dropped on them. The military claimed that their movement was mistaken for suspected bandits. The airstrike was reported to have …

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Top 10 stories from across Nigerian Newspapers, Thursday, December 14, 2023

Here are the top 10 stories making headlines across the country. 1. Tinubu sacks FAAN MD, 4 others, suspends NCAA DG President Bola Tinubu has sacked the Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr. Kabir Yusuf Mohammed, and heads of four other agencies in the Ministry of Aviation and Aerospace Development.Read more 2. Nigerian govt removes …

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JUST IN: Tinubu sacks FAAN MD, 4 others, suspends NCAA DG

President Bola Tinubu has sacked the Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr. Kabir Yusuf Mohammed, and heads of four other agencies in the Ministry of Aviation and Aerospace Development. Others are the Managing Director of the Nigerian Airspace Management Agency (NAMA), Mr. Tayib Adetunji Odunowo, the Director-General of the Nigerian Safety Investigation Bureau (NSIB), Akinola …

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