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President Bola Tinubu and German Chancellor Olaf Scholz on Friday evening in Dubai, United Arab Emirates, witnessed the signing of an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The agreement, consummated on the sidelines of the COP28 climate summit, was signed by Mr. Kenny Anuwe, the Managing ... Read More »

In furtherance of my sacred duties and obligations as President of the Federal Republic of Nigeria, it is my honour to be here today to present my administration’s 2024 Budget Proposal to this Joint Session of the 10th National Assembly. This moment is especially profound and significant to me because it is my first annual budgetary presentation to the National ... Read More »

A former Defence Minister, Lt.-Gen. Theophilus Yakubu Danjuma, has said ex-Petroleum Resources Minister Diezani Alison-Madueke is an expert who excelled in corruption. He said the ex-minister rattled his trust in the ability of women to avoid soiling their hands in acts of malfeasance. Mrs. Alison-Madueke has been having series of run-ins with the law since 2015 after leaving office as ... Read More »

….Investors inject N110bn in UBA, FBNH, Zenith, Access, other stocks in two days Presidency on Tuesday expressed support for the banking sector consolidation initiative of the Central Bank of Nigeria, saying it would help the country to grow the economy to a new height. This came barely five days after the CBN said it would ask banks to raise new ... Read More »

In a year marked by unparalleled achievements and industry acknowledgment, Junior Chamber International (JCI) Lagos Coral proudly commemorates its outstanding contributions to community development and nurturing young leaders in the organisation. Under the leadership of JCIN Amb. Idaraesit Michael who is the President this year and the remarkable Board of the organisation has fervently achieved the mandate, significant positive change ... Read More »

Presidential aide on Information and Strategy, Bayo Onanuga, has revealed that President Bola Tinubu is still recovering from the knee surgery he had in London, the United Kingdom. Onanuga made this revelation in a recent interview with the Nigerian Tribune, while answering a question about President Tinubu’s health. Recall that prior to the launch of presidential campaign for the 2023 ... Read More »

The Senate yesterday threatened to sack and equally jail the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari and other top executive officers of petroleum subsidiaries. The Senate specifically threatened to sack the executive officers whose agencies were involved the Turn Around Maitanance (TAM) projects of Nigerian refineries. The Senate noted that from 2010 till date, ... Read More »

The Senate on Wednesday, November 22, resolved to investigate the abandoned Closed Circuit Television (CCTV) cameras project in the Abuja metropolis said to have been awarded at the cost of N500billion. The resolution followed its consideration and adoption of a motion sponsored by Ned Nwoko (PDP – Delta North) at plenary. The contract was said to have been awarded to ... Read More »

The Lagos Coroner Court sitting at Ita-Elewa, Ikorodu on Wednesday, November 22, said that the most crucial aspect of an autopsy to determine the cause of death of late music star, Ilerioluwa (Promise) Aloba, is being conducted in the United States of America (USA). The state counsel, O. Akinde told the Coroner Magistrate, Adetayo Shotobi, that the autopsy into the ... Read More »

The Presidency, on Monday, blamed former President Olusegun Obasanjo for the current state of Nigeria’s democracy. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, who spoke to the Newsthumb noted that the democracy the country currently practises dates back to direct inputs by Obasanjo when he led the country’s first as military Head of State from ... Read More »