The Labour Party (LP), on Monday, issued a stern warning to the Nigeria Labour Congress (NLC) warning it against involving the party and its leadership in political manoeuvres aimed at satisfying their sponsors. The warning was given by Marcel Ngogbehei, Director-General of LP Mobilization and Integration Directorate, in a statement in Abuja. Ngogbehei was responding to a statement attributed to …
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Nigeria’s currency, the naira started the week with a decline against the US dollar on Monday, July 15, 2024. The local currency weakened by N14 to trade at N1,577/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is in contrast to the exchange rate of N1.563/$1 traded on Friday, July 12, 2024. The highest and lowest intraday …
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In a brazen display of disdain, Governor Godwin Obaseki has escalated his public feud with the revered kingdom of Benin, leaving the state in turmoil. The Edo State High Court is set to resume hearing a contentious case between His Royal Majesty, Oba Ewuare II, and a group of disgruntled Enigies (dukes), amid heightened tensions. The state government’s warning against …
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The equity market started on a positive note on Monday, July 15, 2024 as investors earned N172 billion at the end of the trading session. This follows the increase in stock prices such as CUTIX, IKEJA HOTEL and ROYALEX among others on the trading floor. After five hours of trading on the capital market, equity capitalization increased to N56.608 trillion …
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During an investigative hearing in Abuja on Monday, Chief of Defence Staff (CDS) General Christopher Musa shocked lawmakers by exposing the extensive links of illegal miners, which he said had severely damaged Nigeria’s economy, costing the country about $9 billion annually. The hearing, convened by the House Committee on Solid Minerals and chaired by Jonathan Gbefwi, highlighted alarming revelations about …
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The U.S. Congress said it will quickly request briefings and launch an investigation into the attempted assassination that injured former U.S. President Donald Trump during a rally in Pennsylvania on Saturday, July 13. “Congress will conduct a full investigation into yesterday’s tragedy to determine where there were security breaches and everything else the American people need to know and deserve …
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After a prolonged diplomatic row, Nigerians can now apply for and obtain visas to the United Arab Emirates (UAE) effective Monday. Minister of Information and National Orientation, Mohammed Idris, disclosed this to State House correspondents at the end of the Federal Executive Council (FEC) meeting chaired by President Bola Tinubu on Monday in Abuja. He said the Federal Government had …
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The Nigerian National Petroleum Corporation Limited (NNPCL) said on Monday it had not increased its previous investment in the 650,000 barrel-per-day Dangote Refinery for commercial reasons. NNPCL Chief Information Officer, Olufemi Soneye disclosed this in a brief statement in Abuja. He was responding to a statement by Dangote Refinery Chairman Aliko Dangote, who said that NNPC’s shareholding is now 7.2 …
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Bello El-Rufai, one of the sons of former Kaduna state governor Nasir El-Rufai, Bello, has attacked The Nation newspaper columnist Sam Omatseye for calling his family by derogatory names in his latest column in the newspaper. In a column headlined “Like a cheating father,” Omatseye described the El-Rufai family as shameless and criminally minded in response to an earlier tweet …
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Former US President Donald Trump said: “I should be dead” in his first interview since a gunman attempted to assassinate him on Saturday, July 13.The former president called his narrow escape a “miracle” and revealed why moving his head at that moment saved his life.Trump was shot in the ear at a political rally in Butler, Pennsylvania, when Thomas Crooks, …
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