News

Investors in the Nigerian capital market lost N300 billion at the close of trading on Tuesday. This followed the crash in the market capitalization by 0.79 percent from N36.83 trillion to N36.53 trillion at the close of business today. Similarly, the All-Share Index dipped by 535.98 basis points to close at 66,296.18, down from 66,760.2 posted by the bourse on …

Minister of Interior, Hon. Olubunmi Tunji-Ojo, has confirmed the clearance of almost 60,000 passport backlogs within four working days. The Minister had given a directive last Thursday for the pending 200,000 passport applications to be cleared. The Minister stated this on Tuesday in Abuja while receiving the Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, on a courtesy …

Ali Ndume, the Senate Chief Whip, has stated that the senators intend to take harsh measures against Godswill Akpabio, the Senate President, for accidentally divulging that a “holiday allowance” had been wired to the senators’ bank accounts. Prior to the Senate’s annual break, Akpabio had informed his colleagues that money had been delivered to them so they may “enjoy” their …

Members of the House of Representatives, Coalition of United Political Parties (CUPP), Independent Petroleum Marketers Association of Nigeria (IPMAN) and other well-meaning Nigerians have paid visits to give their full support to the member representing Ideato North/South Federal Constituency of Imo State, Hon. Ikenga Imo Ugochinyere, following the judgement of the Election Petitions Tribunal ordering his removal from office. Recall …

The umbrella body of Fulani people in Nigeria, Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), has called on President Bola Tinubu and the federal government to give “special palliatives” to Fulani herdsmen to cushion the effect of fuel subsidy removal in the country. The group which made the call at a press conference in Abuja on Tuesday, urged the …

The immediate-past Commissioner for Information and Strategy in Abia State, Chief Eze Chikamnayo, has warned the state governor, Alex Otti, against causing unrest amongst the citizens of the state. Chikamnayo made this call on Monday through a statement titled “stop Alex Otti before he sets Abia on fire” in response to alleged moves to appoint a consummate industrialist, Ide John …

Nigerians welcomed the news of the slashing of BUA cement to N3,500 with excitement, however, findings by Ripples Nigeria have shown that the product is largely unavailable and in the few places it is available, it is sold for much higher than the advertised price and only available in a handful of places. Checks conducted at several cement dealers’ warehouses …

Human rights lawyer, Femi Falana (SAN), has faulted having the Chairmen of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), from the same South-West region. The senior lawyer who was a guest on Channels Television’s Sunrise Daily programme on Monday, said in the spirit of the federal character principle, it …

Workers of the Nigerian Postal Service (NIPOST) have shutdown the head office of the service in Abuja. The workers who shutdown the office on Monday are protesting against the appointment of Tola Odeyemi as Chief Executive Officer/Post Master General by President Bola Tinubu against their wish. The workers, who said they preferred Adepoju, chanted solidarity songs and wielded placards. Details …

The war between Israel and Palestinian militant group, Hamas has echoed in the United States of America, as a landlord was charged with murder and hate crimes Sunday after allegedly stabbing a Muslim woman and six-year-old boy dozens of times in an attack. According to the police, the vicious attack was linked to the war between Israel and Hamas. The …