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The Nigerian Extractive Industries Transparency Initiative (NEITI) announced on Monday that the Federation Account Allocation Committee (FAAC) distributed N3.473 trillion to the three tiers of government in the second quarter of 2024. This represents an increase of N46.77 billion, or 1.42%, compared to the first quarter of this year. According to NEITI’s latest Quarterly Report on Federation Account Revenue Allocation, …

World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala will run for a second four-year term next year. The former Nigerian finance minister’s term ends in August 2025. Okonjo-Iweala, the first woman and African to lead the WTO, was elected by the Geneva, Switzerland-based organization’s member states on February 15, 2021. The 70-year-old took office in March of the same year. READ …

Ogbeide-Ihama and Francis Alimikhena’s move to APC: A blow too hard to ignore In a spectacular show of strength, the All Progressives Congress (APC) yesterday closed its governorship campaign with a rally that will be talked about for years to come. Led by Deputy President Senator Kashim Shettima and no fewer than eight incumbent governors, the event was a resounding …

President Ahmed Bola Tinubu has arrived in Maiduguri, Borno State, to express condolences to the government and people of the state over last week’s devastating floods. The National Emergency Management Agency (NEMA) confirmed on Friday that at least 30 people had died and 400,000 others had been displaced by floods that followed days of heavy rain. Initial reports suggested the …

One person was killed and eight others injured in a car accident on the Third Mainland Bridge in Lagos on Monday. Director of Public Affairs and Enlightenment Department, Lagos State Traffic Management Authority (LASTMA), Adebayo Taofiq, confirmed the incident in a statement in Ikeja. He said two Mazda commercial buses with number plates — LND 624 YE and EKY 804 …

Police operatives in Imo on Sunday foiled an attack by suspected bandits on the divisional headquarters in Umuakah, Njaba local government area of ​​the state. State police command spokesman Henry Okoye confirmed the attack in a statement on Monday in Owerri. He said three criminals were killed in the operation. Okoye said the attackers arrived at the headquarters in three …

The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. Details later… LATEST Post: Nigeria inflation drops to 32.15% first appeared on Latest Nigeria News | Top Stories from Ripples Nigeria.

Edo APC Youth League Slams Obaseki For Postponing School Resumption Indefinitely The Edo APC Youth League has severely criticized Governor Godwin Obaseki for postponing the resumption of schools for what it claims are selfish reasons. In a statement issued by the league’s Edo State coordinator, Jimoh Muhammed Rafiq, popularly known as Prince Raf, the governor was criticized for his decision …

Former Super Eagles head coach Jose Peseiro has stated that he wants to leave his role after the Africa Cup of Nations (AFCON) in Ivory Coast. Peseiro, who coached the men’s national football team for 22 months, refused to renew his contract in February 2024 because he decided not to continue in the job. The Portuguese coach said he left …

The Coalition of United Political Parties (CUPP) has slammed the Dangote Refinery over the high cost of Premium Motor Spirit (PMS) popularly known as petrol. Nigerians were hoping for cheaper petrol prices from the Dangote Refinery, but their hopes were dashed after the release of a price template by the Nigerian National Petroleum Corporation (NNPCL) on Monday. Under the template, …