News

Flour Mills of Nigeria (FMN) recorded loss after tax in the period ended June 2023 and also lost millions to penalty during the same period, the firm’s financial statement showed. In its Q1 2023 financial statements released on Wednesday, Flour Mills of Nigeria reported N9.33 billion loss, failing to improve on the N5.49 billion profit after tax recorded in the …

Sub-Saharan African countries have been advised by the International Monetary Fund (IMF) to tackle their fiscal deficits by focusing on eliminating tax exemptions and bolstering domestic revenue rather than resorting to fiscal expenditure cuts, which could hamper economic growth. The IMF conveyed this recommendation in a paper titled ‘How to avoid a debt crisis in Sub-Saharan Africa.’ The IMF’s paper …

Police operatives in Edo State have arrested a 24-year-old student of the University of Port Harcourt for allegedly stabbing his girlfriend to death. The state’s Commissioner of Police, Mr. Muhammed Dankwara, told journalists on Tuesday in Benin that the suspect’s landlord reported the case to the police. He said the landlord informed the police that the suspect stabbed the lady …

It was amazing and congested day in Damaturu, the capital of Yobe state. Many youth (mostly couples) were agog to visit many joints for wining and dining. Almost all the ‘suya’ spots, roasted chicken joints, roasted fish centers and kebab spots were empty. Astonishingly, there was a lengthy queue in Shawarma and Shakha joints. The roads were recording several motorists …

Police operatives in Delta have arrested 67 persons for alleged involvement in homosexuality in the state. The spokesman for the state police command, Bright Edafe, who paraded the suspects before journalists at the Ekpan police station on Tuesday, said they were arrested during a wedding ceremony of a gay couple in a hotel along Refinery road in the Uvwie local …

The Lagos State Governor, Babajide Sanwo-Olu, has approved the slash of the fares for the Bus Rapid Transit (BRT) and other modes of public transport system in the state by 25 percent. The spokesman for the Lagos Metropolitan Area Transport Authority (LAMATA), Kolawole Ojelabi, disclosed this in a statement on Monday. He said the new fares would take effect from …

Exceptional Leadership and Integrity Promotion Initiative (ELIP), a civil society organisation based in Jigawa state has applauded the state government for initiating projects and programs that have direct bearing on the lives of the citizenry. ELIP said the state government has made a significant allocation for human resource, recruitment and redesigning constituency projects to empower more citizens. This was contained …

The United Nations Development Programme (UNDP) says Nigeria has suffered 35,000 casualties from insurgency between 2009 and 2023. Deputy Resident Representative (Programme) UNDP Mr. Lealem B. Dinku stated this Monday at the Inauguration ceremony of the Countering Violent Extremism Course 3/2023 organised by the Martin Luther Agwai International Leadership and Peacekeeping Centre (MLAILPCK) at the Nigerian Army Resource Centre (NARC), …

Police operatives in Kaduna have rescued an abducted cleric in the state. The cleric was abducted in the Kafanchan area of the state on November 3. The spokesman for the state police command, Mansur Hassan, who confirmed the development to journalists on Monday, said the kidnappers and the cleric’s family members had agreed on a ransom of N4 million before …

Police operatives in Benue have rescued six kidnapped victims and arrested four suspects in Agbanor village, Okpokwu local government area of the state. The spokesperson for the state police command, Sewuese Anene, confirmed the development in a statement on Thursday in Makurdi. She said the victims were kidnapped on their way to the farm in Utonkon District on September 22. …