News

The reality of the state of the Nigerian economy may have dawned on the Federal Government as reports have it that it is mulling selling stakes in about 20 state run companies. The move, according to a report by Bloomberg, is to raise funds and improve corporate governance in the companies. According to the Chief Executive Officer of Finance Ministry …

A few days after the House of Representatives denied claims by the Nigeria Labour Congress (NLC), that its members received the sum of N100 million as palliatives from the Federal Government to cushion the effects of the fuel subsidy removal, the Senate has also refuted receiving such amount. The NLC had, in a statement announcing its intention to embark on …

President Bola Ahmed Tinubu has said there won’t be further increase in the pump price of premium motor spirit otherwise known as petrol. Similar assurance was also given by the Nigeria National Petroleum Company Limited (NNPCL). Addressing State House correspondents Tuesday after a meeting with President Tinubu, his Special Adviser on Media and Publicity, Mr Ajuri Ngelale, said the president …

Devatop Centre for Africa Development, a Non-Governmental Organisation (NGO), on Tuesday in Abuja, raised the alarm over the high rate of “Sextortion” crime in Nigeria. The Executive Director of the centre, Mr Joseph Osuigwe, at the screening of two short movies to create more awareness about “Sextortion” and panel discussion about the crime, stated that there has been more silence …

Girona climbed to the top of Spanish topflight La Liga after defeating neighbours Barcelona 4-2 on Sunday night. Girona was beatin Barcelona for the first time in history. Goals from Artem Dovbyk, Miguel Gutierrez, Valery Fernandez and Cristhian Stuani gave the visitors a deserved win. Read Also: Real Madrid return to top of La Liga with Granada win Robert Lewandowski’s …

The Lagos State Police Command on Thursday warned youths in the state to stay away from the Lekki tollgate as they prepare to mark the third anniversary of the #ENDSARS protest in the state. The warning followed reports on the planned mobilisation of youths by civil society organisations for the third anniversary of the mass protest which rocked many parts …

U.S. private equity firm, 777 Partners, has completed the acquisition of struggling Premier League club, Everton, in a deal reportedly worth more than 550 million pounds ($685 million). The 777 Partners took over Everton from Farhad Moshiri. The Miami-based firm, according to a statement issued by the club on Friday, September 15, 2023, signed an agreement with British-Iranian billionaire Moshiri …

I am delighted to be with you on this very important occasion of the 22ND Joint Planning Board (JPB) and National Council on Development Planning (NCDP) meeting taking place in this beautiful city of Oshogbo, the capital of Osun State Nigeria. Let me first, express my profound appreciation to the Honourable Commissioners/Executive Secretaries, Permanent Secretaries responsible for Budget and Economic …

A Non-Governmental Organisation Cedar Seed Foundation has advocated for immediate implementation of Article 29 of the UN convention on the rights of persons with disabilities and section 30 of the Nigeria Disability Act 2018 by the federal, states and local governments in the country. The Project Officer, Disability Inclusion in Governance of the Foundation, Comrade Shedrack Danladi, made the call …

President Bola Tinubu has approved the appointment of Dr. Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI). The Special Adviser on Media and Publicity to the President, Ajuri Ngelale, confirmed the appointment in a statement on Thursday in Abuja. He said Olusi’s appointment followed the resignation of the former BOI Managing Director, …