The Oyo State government on Friday arraigned the traditional ruler of Oko kingdom, Oba Solomon Akinola, and 14 others at the State High Court in Ogbomoso on criminal charges. The monarch was arraigned alongside Sunday Aderinto, Chief Jimoh Asimiyu, Timothy Aderinto, Matthew Akintaro, Rafiu Ganiu, and Adejare Adeleru. The other defendants are – Zachiaus Adeleru, Kamorudeen Ajibade, Raji Rasaq, Mutiu …
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Nigerian depositors are our priority – NDIC
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, stated on Thursday that Nigerian depositors are the top priority of the organisation. He added that “And our foundation is built on ensuring the safety and security of their deposits. This ideal is encapsulated in our strap line; “Protecting your bank deposits!”. Bello made this Known at NDIC’S …
Read More »Naira strengthens to N997/$ in black market, weakens at I&E window
The Nigerian naira, on Thursday, had a mixed performance against the US dollar, strengthening on the black market but weakening through the Investors and Exporters (I&E) window. Data from the black market shows the naira gained ground, trading at N997 to the dollar compared to N1,000 on Wednesday. However, at the I&E window, the domestic currency depreciated to N775.2 per …
Read More »If Nigerians are patience, they will soon begin to experience dividends of democracy – Lanre Okunlola
A lawmaker and chartered architect representing Surulere 2 Federal Constituency of Lagos state in the House of Representatives, Hon Lanre Okunlola, has posited that Nigerians will soon start reaping the bountiful dividends of democracy if they are patient with the administration of President Asiwaju Bola Tinubu. Okunlola made this assertion at an exclusive chat with newsmen at his office in …
Read More »NSCDC arrests suspected oil thieves in Rivers
The Nigeria Security and Civil Defence Corps (NSCDC) has arrested two suspected crude oil thieves in Rivers State. The NSCDC spokesman, Babawale Afolabi, disclosed this in a statement on Friday in Abuja. He said the suspects were arrested by the Commandant General’s Special Intelligence Squad (CG’s SIS) after a tip-off by well-meaning Nigerians on their alleged involvement in pipeline vandalism …
Read More »DMO plans N1.2trn bond issuance for 2023 last quarter
The Debt Management Office (DMO) has announced plans to raise to N1.2 trillion in debt by re-issuing federal government bonds. According to the DMO’s bond issuance calendar for the final quarter of the year, the agency intends to raise funds ranging from N960 billion to N1.2 trillion over three months, spanning October through December of this year. These funds will …
Read More »Top 10 stories from across Nigerian Newspapers, Friday, October 6, 2023
These top 10 stories across the nation’s newspapers might interest you. 1. Atiku insists Tinubu’s CSU certificate is fake, urges Obi, Kwankwaso to join him in fight for ‘justice’ Former Vice President Atiku Abubakar has insisted that the certificate from the Chicago State University (CSU) presented by President Bola Tinubu for the 2023 elections was fake.Read more 2. Tribunal upholds …
Read More »Tribunal upholds Labour Party Onuakalusi’s election in Oshodi-Isolo federal constituency
The National Assembly Elections Petition Tribunal sitting in Ikeja, Lagos, on Monday, upheld the victory of the Labour Party candidate, Jesse Okey-Joe Onuakalusi victory in the February 25 election at the Oshodi-Isolo Federal Constituency ll in the state. The Independent National Electoral Commission (INEC) declared the LP candidate as the winner of the election after he polled 29,386 votes to …
Read More »Four injured in Lagos auto crash
At least four persons were injured in an auto crash in the Adeniji Adele area of Lagos Island on Saturday. The General Manager, Lagos State Traffic Management Authority (LASTMA), Mr. Bolaji Oreagba, who disclosed this in a statement issued by the agency’s Director of Public Affairs and Enlightenment, Taofiq Adebayo, said a Toyota Sienna bus was involved in the lone …
Read More »CBN owes N30 trn, debt servicing surpasses 100% – Sanusi – Blueprint Newspapers Limited
Former Emir of Kano, Muhammadu Sanusi, said it would be unfair for him to criticise President Bola Tinubu over the country’s economic hardship Nigerians. He also said the nation’s fiscal policy greatly suffered under the Muhammadu Buhari administration because the Central Bank of Nigeria (CBN) printed naira without restraint. The former CBN boss spoke Sunday during a virtual religious event. …
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