News

Nigerians have every right to protest —Atiku

Former Vice President Atiku Abubakar has given his support to the planned EndBadGovernance protests scheduled to start from August 1 to 10. The presidential candidate of the Peoples Democratic Party (PDP), in a statement on his X account on Tuesday, said Nigerians have the right to protest the “hunger, anger and despair caused by the incompetence and ignorance of this …

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Imo East Senator Francis Ezenwa backs LP for APC, citing party crisis

Francis Ezenwa, the Senator representing Imo East Senatorial District, has officially switched allegiance from the Labour Party to the All Progressives Congress (APC). The announcement of his defection was made during Tuesday’s plenary session by Senate Majority Leader Opeyemi Bamidele. Ezenwa’s decision was detailed in a letter in which he attributed the move to an internal crisis within the Labour …

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Joe Biden Honors Pastor Daniel Olukoya With US President’s Lifetime Achievement Award, Says America Is Counting On You

The President of the United States of America, Mr. Joe Biden, has awarded the General Overseer of Mountain of Fire and Miracles Ministries (Worldwide), Dr. Daniel Kolawole Olukoya, the US President’s Lifetime Achievement Award. Collins Edomaruse, press assistant to the recipient, said in a statement that Dr. Olukoya and his wife, Dr. Shade Olukoya, also received the President’s Volunteer Service …

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CBN raises interest rates to record 26.75% to fight inflation

In a bid to curb rising inflation, the Central Bank of Nigeria (CBN) has raised its benchmark interest rate, the Monetary Policy Rate (MPR), to a record high of 26.75%. This is an increase of 150 basis points from the previous rate of 24.75%, which marked the third consecutive increase this year. CBN Governor Olayemi Cardoso announced this after the …

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NNPC chief, Kyari, denied Dangote’s allegations, vowing to punish staff involved in overseas oil factories

Mele Kyari, Group Chairman of the Nigerian National Petroleum Corporation (NNPC), has strongly denied the allegations made by Aliko Dangote, President of the Dangote Group. In a statement released on Tuesday via his X account, Kyari responded to claims that NNPC staff were setting up a petroleum blending plant in Malta, potentially hampering local production. Kyari has vehemently denied owning …

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Something unclear is going on, Ezekwesili weighs in on Dangote and NNPCL saga

Former Minister of Education, Oby Ezekwesili has weighed in on the ongoing feud between Alhaji Aliko Dangote and the Dangote Group on one hand and the Nigeria National Petroleum Company Limited, on the other. The chaos began when Farouk Ahmed, chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), accused the newly built Dangote refinery and other …

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The Edo Period for a Leader with a Heart – TrendyNewsReporters

For too long, the Edo people have been denied a voice in governance. It is time to elect a leader who truly cares, a leader with an empathetic and servant heart. That leader is the distinguished Senator Monday Okpebholo. With the APC as our party, we have a unique opportunity to make a difference. On September 21, let us exercise …

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Nigerian government is firm in imposing sanctions on banks that fail to pay windfall taxes

The Federal Government has reiterated its tough stance against financial institutions that fail to comply with windfall taxes on foreign exchange profits earned in 2023. This came as the Minister of Finance, Wale Edun, and the Chairman of the Federal Inland Revenue Service (FIRS), Zack Adediji, met with the National Assembly finance committee to discuss amendments to the 2024 Finance …

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