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Author Archives: NewsThumb Magz

Breaking : Tinubu directs IGP to Restore security in Rivers LG secretariats, the judiciary can settle all political disputes, Says Onanuga

PRESIDENT Bola Tinubu has directed the police to provide security to Rivers State Local Government Officials and to restore and maintain peace, law, and order immediately. While instructing law enforcement agencies to bring the situation under control, President Tinubu emphasised the need to ensure the security of public institutions. The President in a statement by his Special Adviser on Information ... Read More »

Update : NPA concluded plans to implement the sale in Naira for crude oil supply to Dangote’s Refinery and other refined products, Says Abdulkadir

The Nigerian Ports Authority, NPA, in collaboration with other government agencies, has concluded plans to implement the sale in Naira for crude oil supply to Dangote’s Refinery and other refined products. Speaking at a meeting at the Lagos Headquarters of the NPA, its Managing Director, Dr. Abdulkadir Dantsoho said that the implementation of the Federal Government’s directive for the NPA ... Read More »

BREAKING: fundamental rights enforcement, Court bars VIO from stopping, impounding, confiscating vehicles

A Federal High Court in Abuja has issued an order barring the Directorate of Road Traffic Services (otherwise known as VIO) from further stopping vehicles on the road, impounding or confiscating vehicles, and imposing fines on motorists. Justice Evelyn Maha issued the order in a judgment on a fundamental rights enforcement suit: FHC/ABJ/CS/1695/2023 filed by a human rights activist and ... Read More »

Breaking : Alleged N27 fraud, Court grants ex-Taraba Gov Ishaku, co-dependent N300m bail

A High Court of the Federal Capital Territory (FCT) in Maitama has granted bail to a former Taraba Governor, Darius Ishaku and a former Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs in the state, Bello Yero at N150million each. Justice Sylvanus Oriji, in a ruling on Thursday, ordered the two defendants to produce two sureties, who are responsible ... Read More »

Update : River State LG poll, PDP, protests against the planned local government elections scheduled for Oct 5

Supporters of the Peoples Democratic Party in Rivers State on Thursday took to the streets in protest against the planned local government elections, set to be conducted by the Rivers State Independent Electoral Commission on October 5. Led by the party’s state chairman, Chukwuemeka Aaron, thousands of party loyalists marched through Port Harcourt, despite the heavy downpour, voicing their displeasure ... Read More »

Update: prices of PMS saw a marginal reduction in Lagos, Calabar, and Port Harcourt, due to drop landing cost of petrol, amid naira appreciation to Dollar

The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to N945.63/litre as of September 27. This is according to data released by the Major Energies Marketers Association of Nigeria on Monday. The drop in the landing cost of petrol happened following the appreciation of the naira against the United States dollar. In the MEMAN ... Read More »

Half Year: UBA Grows Earnings by 40% to N1.37 trillion, Declares Interim Dividend of N2.00 Per Share

….Total Assets up by 37.2% to N28.3 trillion Customer Deposits hits N23.2 trillion, climbs 34% Makes Profit Before Tax of N401.6bn Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial indicators. The audited financials released to the Nigerian Exchange ... Read More »

64th Independence : Tinubu to address Nigerians on Tuesda,at 7am, Says Onanuga

President Bola Tinubu will deliver a nationwide broadcast on Tuesday, 1 October 2024, at 7 am. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, announced this in a statement on Monday. The statement is titled, ‘October 1st 2024 Independence Day: President Tinubu addresses the nation.’ Onanuga added that the broadcast is part of activities to mark ... Read More »

Just IN ; China Summit : Nigeria’s economic diversification plans, Tinubu appoints Tegbe to lead Nigeria-China strategic partnership, – Onanuga

President Bola Ahmed Tinubu has appointed Joseph Olasunkanmi Tegbe as Director-General and Global Liaison for the Nigeria-China Strategic Partnership. This move follows the president’s visit to China in early September, where Nigeria and China agreed on key areas of cooperation. This was contained in a statement issued on Sunday, September 29, by Special Adviser to the President on Information on ... Read More »

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