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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Federal High Court dismisses Abacha family lawsuit over Maitama property revocation – TrendyNewsReporters
The Federal High Court in Abuja on Monday, July 22, dismissed a suit filed by the family of the late Head of State, Sani Abacha, challenging the Nigerian government’s revocation of his property in the Maitama district of Abuja. The suit, filed by Maryam Abacha, the widow of the late dictator, and her eldest surviving son, Mohammed Abacha, challenged the …
Read More »FACT CHECK: Is Nigeria losing $50 million to oil theft every week as Facebook users claim?
Claiming:Nigeria loses $50 million to oil theft every week. The indictment: There is no reliable data to support these claims. Full Text: A Facebook user claims that Nigeria is losing $50 million to oil theft every week. The social media user made the claim in response to a new loan from the Nigerian government. Screenshot of claim on Facebook Ripples …
Read More »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 …
Read More »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 …
Read More »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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