News

For the fourth consecutive day this week, the naira slumped against the United States dollar and further surpassed the N1,500 mark on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N3 to trade at N1,510/$1 in the official market. This value is N3 higher than the N1, 507.83/$1 traded on Wednesday. …

People are in trouble, be kind! Nick Imudia, CEO of D.light, a leading innovator of residential solar energy solutions, committed suicide in his apartment. Imudia was a former Chief Executive Officer (CEO) of one of Nigeria’s e-commerce giants, Konga. He killed himself on the night of Tuesday, June 25, by jumping from the balcony of his apartment in Lekki, Lagos. …

Justice Emeka Nwite of the Federal High Court, Abuja, on Thursday, affirmed the nomination of Prince Kadiri Asamah (SAN) as the deputy governorship candidate of the Labour Party (LP) in Edo State. The judge in his decision agreed to the argument of the party’s main attorney, Johnson Usman (SAN), who stated that the LP had complied with the provisions of …

President Bola Tinubu on Thursday urged state governors to work together to meet the needs of Nigerians. The President, who spoke at a meeting of the National Economic Council (NEC) in Abuja, said he would provide the necessary support to ensure that Nigerians are free from hardship. He said the country must increase agricultural productivity, strengthen the economy by creating …

Senate Speaker Opeyemi Bamidele on Thursday said President Bola Tinubu had not sought approval for the purchase of a presidential plane. The Red Chamber came under fire after reports of lawmakers’ plans to approve a new plane for President Tinubu and Vice President Kashim Shettima emerged last week. Bamidele, who made the clarification during a plenary session in Abuja, dismissed …

Tinubu will consult further on the new minimum wage. President Bola Tinubu will consult further before coming to a final decision on the new national minimum wage for Nigerian workers. Mohammed Idris, Minister of Information and National Orientation, said this at the end of the Federal Executive Council (FEC) meeting held in Abuja on Tuesday. He said the tripartite committee’s …

The Nigerian Correctional Service (NCoS) has dismissed three officers and sanctioned others for misconduct. The Public Relations Officer of the Service, Abubakar Umar, Assistant Controller of Corrections (ACC), disclosed this in a statement on Thursday in Abuja. Umar said, in order to maintain high standards of discipline and professionalism, his party was reviewing various cases of unprofessional behavior from the …

The court is scheduled for July 5 to hear the case seeking to remove Ganduje as APC chairman. The Federal High Court sitting in Abuja on Wednesday postponed the hearing of a case seeking to remove from office the national president of the ruling All Progressives Congress, Abdullahi Ganduje, until July 5. The court, presided over by Justice Inyang Ekwo, …

Controversial singer, Habeeb Okikiola, popularly known as Portable, has slammed social media activist, Martins Vincent Otse, also known as Verydarkman (VDM), for attacking celebrity bartender and nightclub king, Obi Cubana. VDM and Cubana have been embroiled in an online war following an argument arising from the fallout from Davido’s wedding where VDM accused actress Iyabo Ojo of ruining the reception …

We will pay outstanding salaries in tranches — Abia gov. The Abia government said it would pay outstanding salaries owed to state civil servants in multiple tranches. Finance Commissioner, Mike Akpara, made this known during a press conference in Umuahia on Tuesday. According to him, the current administration inherited a debt of $16.5 billion in wage arrears owed to workers …