News

Court permits SERAP to continue case on probe of missing $15bn oil revenue, N200bn for refineries repair

The Socio-Economic Rights and Accountability Project (SERAP) has secured the permission of the Federal High Court to continue its lawsuit seeking to compel President Bola Tinubu to probe alleged missing US$15 billion oil revenues and N200 billion budgeted to repair the refineries between 2020 and 2021. SERAP made this known on Friday night via its verified X page. It said: …

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Tinubu carrying burden he never imagined – Adeyemi

A former senator represented Kogi West in the 9th National Assembly, Smart Adeyemi, has said he pities President Bola Ahmed Tinubu because he is carrying a burden that he never even imagined at the onset of his presidential ambition. Senator Smart Adeyemi however commended President Tinubu for his courage in pushing his policies forward to ensure that there is development …

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Ministry claims 470 killed in Gaza hospital blast

The Gaza health ministry said on Wednesday that 471 Palestinians were killed in the devastating blast at a hospital in the Strip. In its first official figures since the exploration late on Tuesday, the ministry added that another 324 people were injured in the incident. Hundreds of people were reportedly killed and injured when an airstrike struck al-Ahli Arab Hospital …

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How NAF helicopter evacuating injured troops to Military Hospital crashed in Niger

The Nigerian Air Force, NAF, helicopter which crashed Monday in Niger State, was actually conveying to a military hospital in Kaduna State, some troops wounded in a gun battle with terrorists, PRNigeria exclusively gathered from credible military sources. “The NAF helicopter that unfortunately crashed in Niger today was not a fighter aircraft, as speculated in some quarters. It is used …

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Joliba Capital Fund closes $59M for Africa’s growth. 2 other stories and a trivia

This line-up of stories will help you discover the latest happenings around the tech world, today   Joliba Capital Fund closes $59M for Africa’s growth Joliba Capital has announced closing its first fund, Joliba Capital Fund I, accumulating an impressive €55 million (USD 59 million) in capital commitments. Joliba Capital is an African private equity firm primarily owned by LBO …

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Kwara government crashes maize price for poultry, fish farmers 

  Kwara state government has begun distribution of maize at 44.5% of market value to different stakeholders in the poultry and fishery (feed mill) sectors. The government sells a bag of 50kg maize at N8,000 instead of the N18,000 market price for the same quantity to bring relief to the  farmers. The maize is being given to the poultry farmers …

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Nigerian govt hints at handing stake in 11 DisCos to state governments

The Federal Government of Nigeria has dropped a hint that it is contemplating handing over its 40% stakes in the 11 Distribution Companies (DisCos) to state governments. This is in a move to address the persistent power shortages dogging the country. This hint was dropped in a tweet by the Minister of Power Adebayo Adelabu on Friday. He also hinted …

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JUST IN: Appeal Court reverses Elumelu’s victory at Tribunal in battle for House of Reps seat

A Court of Appeal sitting in Abuja has overruled the judgment of the National and State Houses of Assembly Election Tribunal in Asaba which declared Ndudi Elumelu of the Peoples Democratic Party (PDP), as winner of the February 25 House of Representatives election for Aniocha/Oshimili Federal Constituency of Delta State. The appellate court in two judgments on Thursday declared Labour …

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