The subtle and insulting war of words between former President Goodluck Jonathan’s aide Reno Omokri and veteran journalist and publisher of Ovation International Magazine Dele Momodu may not end anytime soon following the resumption of hostilities. The resumption of the war was initiated by Omokri in a post on X on Monday in which he compared bandits and criminals who …
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Naira recovers in official window, black market
Naira recovers against US dollar in official and parallel windows on Monday, September 2, 2024. The local currency was trading at N1,585/$1 on the official exchange according to the Nigerian Autonomous Foreign Exchange Market (NAFEM) data and N1,635/$1 on the parallel market. This shows that N1,585/$1 is N13 lower than the N1,598/$1 the currency traded at the previous day’s official …
Read More »RipplesMetrics: FAAC allocation to local governments can solve four major problems in Nigeria
For more than a year, especially since the start of the new administration by the federal and state governments in May 2023, questions have been raised about how each level of government spends the allocations disbursed to them every month. The Federal Account Allocation Committee (FAAC) is responsible for reviewing and adopting allocations of funds to the states of the …
Read More »‘Double standards’ – Kenneth Okonkwo slams Nigerians buying fuel at N1K per litre
Popular Nollywood actor, Kenneth Okonkwo has slammed some Nigerians who are buying fuel for up to N1000 per litre. In a post on his Instagram page on Monday, the actor-turned-politician lamented that people who bought fuel at N1000 per litre protested when the price of the commodity was increased to N140 per litre during the administration of former President Goodluck …
Read More »US seizes plane of Venezuelan President Maduro
The US has seized a plane owned by Venezuelan President Nicolás Maduro, claiming it had been purchased illegally for $13m (£9.8m) and smuggled out of the country. According to the U.S. Department of Justice, the Falcon 900EX aircraft was seized in the Dominican Republic and transferred to the U.S. state of Florida. It is unclear how and when the …
Read More »QuickRead: Parties sign peace deal in Edo. Four other stories we’re watching and why they matter
The Independent National Electoral Commission (INEC) announced last week that the All Progressives Congress (APC) and 15 other political parties contesting the Edo State governorship election would sign a peace agreement ahead of the exercise on September 12. In the same week, former Kaduna State Governor Nasir El-Rufai slammed the politics of bitterness and jealousy in the state. This story …
Read More »Rema donates N105 million to Edo church to support families in difficult times
Nigerian talented singer, Divine Ikubor aka Rema, has donated a sum of N105 million to a church in Edo State to support his family during this difficult time. The “Calm Down” singer, who made the donation at a service on Sunday, said the church helped his family get back on their feet during a difficult time following the sudden death …
Read More »“She Took Her Kids To School Herself Every Day” — Joke Silva, Oscar Onyema Others Honor Onyeka Onwenu In Official Tribute Produced By Chude Jideonwo
Acting icon Joke Silva, former Managing Director of the Nigerian Stock Exchange Oscar Onyema, former President of the National Institute of Public Relations, Nkechi Alli-Balogun, among others, paid tribute to legendary singer, actress and journalist Onyeka Onwenu (MFR) during her burial in Lagos, Nigeria on Friday, August 30. “We were at the party together, we were at the same …
Read More »PDP summons Wike to disciplinary committee over alleged anti-party activities
The Peoples Democratic Party (PDP) has asked Nyesom Wike, former Governor of Rivers State and current Minister of the Federal Capital Territory, to appear before a disciplinary committee in response to allegations of anti-party activities. Ibrahim Abdullahi, PDP Deputy National Publicity Secretary, disclosed this on Monday while appearing on Channels Television’s Sunrise Daily. Abdullahi explained that Wike had been formally …
Read More »NCAA discusses removing Nigerian airlines from US FAA list, cites procedural reasons
The Nigerian Civil Aviation Authority (NCAA) has responded to recent claims that Nigerian airlines have been banned from operating in the United States. In a statement issued by Captain Chris Najomo, Acting Director General of the NCAA, it was clarified that Nigeria’s revocation of its United States Federal Aviation Administration (FAA) Category One status in 2022 was for procedural reasons …
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