News

A fire on Friday morning destroyed a seven-story building on Lagos Island. Several shops were affected in the incident which occurred at 5:17 am, on Sanni Adewale Street in Lagos Island. Lagos State Director of Fire and Rescue Service, Margaret Adeseye, said in a statement that firefighters from Ebute Elefun, Sari and Lekki 1 stations were deployed to the scene …

President Bola Tinubu on Friday returned to Abuja after a three-day trip to Equatorial Guinea. The president’s Gulfstream jet landed at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja at about 7.00pm on Friday. Tinubu was received by his Chief of Staff, Femi Gbajabiamila, Secretary to the Government of the Federation, George Akume, Minister of the Federal Capital …

Nigeria’s equity market ended the week in bearish territory for the fifth straight day on Friday as investors lost N4 million at the close of trading. This follows a decline in the prices of shares such as LEARN AFRICA, CADBURY, and NEIMETH among others on the trading floor. After five hours of trading in the capital market, equity capitalization dropped …

Alex Iwobi was in action for Fulham as they lost 1-0 to Manchester United in their opening game of the Premier League season on Friday. United’s new £36 million signing Joshua Zirkzee was an instant hero at Old Trafford as he scored the winner in the 87th minute. The former Bologna star came on for Alejandro Garnacho after the hour …

The Food and Drug Monitoring Agency (BPOM) has raided an illegal alcohol factory on Lagos Island and arrested three people. The agency confirmed the development in a statement posted on its X account on Friday. NAFDAC said its officers raided several shops and premises at Oke-Arin market after obtaining credible intelligence and discovered a makeshift factory used to produce various …

The three tiers of government on Friday shared the revenue allocation of N1.35 trillion for July. A communique issued at the end of the Federation Account Allocation Committee (FAAC) meeting in Abuja revealed the total distributable fund of N1.35 trillion comprising official revenue of N161.593 billion, Value Added Tax (VAT) revenue of N582.307 billion and Electronic Money Transfer Levy (EMTL) …

Foreign Minister Yusuf Tuggar said on Friday the Federal Government was working to resolve its dispute with Chinese company Zhongshan Fucheng Industrial Investment. The company on Thursday seized a Dassault Falcon 7X, a Boeing 737-7N6/BBJ, and an Airbus A330-243 belonging to the Federal Government stationed at Paris-Le Bourget and Basel-Mulhouse airports in France. This follows a Paris court order on …

The Court of Appeal, Abuja, on Friday quashed an order barring former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus, and two others from attending the party’s National Executive Committee (NEC) meetings. Other party leaders affected are the sacked Rivers State Governor, Celestine Omehia and former Deputy Speaker of the House of Representatives, Austin Opara. Justice Inyang Ekwo …

Nigeria’s Super Falcons retained their 36th position in the latest FIFA World Rankings. The latest rankings were published on the world football body’s official website on Friday, August 16, 2024. In Africa, Falcons remain the top-ranked team, followed by Banyana Banyana from South Africa. Their ranking is not surprising, considering their disappointing showing at this summer’s Paris Olympics. The Falcons …

The All Progressives Congress (APC) in Rivers State has warned that the response of the party’s national working committee (NWC) is a direct invitation to anarchy in the state. The warning came after the NWC ordered Chief Tony Okocha to commence the Congress process from ward level to state level in October, despite a court ruling dismissing Okocha’s interim committee …