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The Nigerian Presidency has been quick to respond to a statement by the Catholic Bishop of Sokoto, Matthew Kukah, that President Bola Tinubu refused to sign a peace deal during the 2023 presidential elections. Kukah made the remarks on Sunday at an Edo election security town hall meeting in Benin, sparking controversy. “What is also very interesting is that the …

The National Assembly on Tuesday donated N174 million to victims of the recent floods in Maiduguri, the Borno State capital. The Senate contributed N74 million, while the House of Representatives gave N100 million. Deputy Senate President, Barau Jibrin, who led the Senate delegation to Maiduguri on behalf of Senate President Godswill Akpabio, announced that each of the 108 senators contributed …

Former President Olusegun Obasanjo recently revealed the shocking story of how Nigeria almost lost a $280 million telecommunications deal due to the actions of General Abdulsalami Abubakar, a former military Head of State. Speaking at the launch of “The Catalyst: Nigeria’s ICT Evolution through the Lens of Journalism” in Lagos on Tuesday, Obasanjo said Abubakar had planned to award the …

Here are the top 10 stories making headlines across the country. 1. Revenue allocation drops by N155 billion as central, state and local governments share N1.2 trillion in August The three tiers of government on Tuesday shared a revenue allocation of N1.2 trillion for August. Read more 2. Aviation workers halt protest over 50% IGR cut The National Association of …

Nigeria’s equity market returned from the Eid-el-Mauldah holiday on Tuesday with a gain of N131 billion for investors. This follows a surge in the prices of shares such as FLOUR MILL, FBNH (First Bank of Nigerians Holdings), and VITAFOAM among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased to N56.1 trillion …

The naira weakened by N110 against the US dollar on the official exchange on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency was trading at N1,656/$1, up from N1,546/$1 traded at the official window the previous day. However, the naira strengthened by N5 against the dollar in the parallel forex market to trade …

The National Association of Aircraft Pilots and Engineers (NAAPE) has postponed a protest planned for Wednesday. Workers on September 12 announced plans for a strike following the Federal Government’s 50% cut in internally generated revenue (IGR) from airlines. NAAPE is the parent body of unions in the aviation sector. The association comprises members of the National Union of Air Transport …

Nigeria has vowed to strengthen cultural ties with other West African countries in pursuit of its policy of promoting cultural diplomacy. The promise was made on Tuesday in Abuja by the Minister of Arts, Culture and Creative Economy, Hannatu Musawa during the event sponsored by the United Nations Educational, Scientific and Cultural Organization (UNESCO) “Sharing experiences and good practices in …

The new-format UEFA Champions League got off to a goal-scorching start on the first day of the league phase, with defending champions Real Madrid beating Stuttgart 3-1. Kylian Mbappe became the opener for the hosts soon after the second half started. Antonio Rüdiger and Endrick scored the other two goals for the Spanish giants while Deniz Undav scored the only …

Federal Capital Territory (FCT) Minister Nyesom Wike on Tuesday met with the Board of Trustees (BoT) of the Peoples Democratic Party (PDP) in Abuja. The meeting was part of ongoing efforts to find a lasting solution to the political crisis in Rivers State. The BoT led by former Senate President Adolphus Wabara last month invited the minister to a meeting …