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President Bola Tinubu on Monday delivered his first New Year speech to the citizens with a promise to fight every obstacle that impedes business competitiveness in the country. The president also explained the steps his administration is taking to improve the economy and address other national challenges. Dear Compatriots, It gives me immense joy to welcome each and every one ... Read More »

The factional Speaker of the Rivers State House of Assembly, Edison Ehie, has resigned from his position and membership of the House. Ehie’s resignation was contained in a letter dated December 29, 2023, and signed by him. The letter was addressed to the Chairman, Independent National Electoral Commission, Mahmood Yakubu, a copy of which was made available to the PUNCH ... Read More »

The Oyo State Police Command said it has apprehended the policemen sighted in a now-viral video demanding money from a female biker who was on a tour of Nigeria from the Netherlands. The command, in a post on X on Thurday, said the operatives will face disciplinary actions. “Viral video portraying the regrettable misconduct of certain policemen along Moniya-Iseyin Road ... Read More »

… Becomes Erelu Borokini Of Owu Kuta Come Friday, December 1, 2023, His Royal Highness, Oba Hameed Adekunle Oyelude Makama, CON, Tegbosun III, will install Mrs Abisola Bamidele as first Erelu Borokoni of Owu, Kuta. All roads lead to Kuta, which promises to be a high society event laced with tradition. To ensure that the chieftaincy ceremony is given a ... Read More »

The Federal Government, on Thursday, said it has seized over N45 billion that was illegally looted from the national treasury. It further disclosed that a number of individuals and entities linked to terrorist activities have been identified and designated, with funds traced to them also confiscated. The Attorney-General of the Federation and Minister of Justice, Mr. Lateef Fagbemi, SAN, made ... Read More »

A Lagos State High Court sitting at Tafawa Balewa Square on Monday, October 9, sentenced an Assistant Superintendent of Police (ASP), Drambi Vandi, to death by hanging for killing a Lagos-based lawyer, Omobolanle Raheem, on December 25, 2022. Justice Ibironke Harrison convicted Vandi, on a one-count charge of murder brought against him by the Lagos state government. The judge sentenced ... Read More »

It was indeed renewed hope for the people of Borno state as the Minister of Humanitarian Affairs and Poverty Alleviation Dr Betta Edu arrived Borno state for a two days working visit, which happens to be her first official visit outside Abuja since resumption of office. The Honorable minister Dr Edu who was received at the Government House by the ... Read More »

The chairman of Ijebu East Local Government, Wale Adedayo, has apologised for what many deemed as his “rash and sweeping” allegation of zero funds allocation to the 20 local governments of Ogun state against Governor Dapo Abiodun. Wale Adedayo, a veteran journalist who in a letter addressed to the All Progressives Congress (APC) leader and ex-governor of the state, Aremo ... Read More »

Cabinet members lay out priority areas President demands performance, urges restoration of faith in govt Ministers got the Presidential directive to perform and restore faith in government. President Bola Ahmed Tinubu spoke after 45 ministers took the oath of office and oath of allegiance before him at the State House Conference Centre, Presidential Villa, Abuja, yesterday. The ministers left the ... Read More »

1. What is the $3 billion loan about? The NNPC Ltd. secured an emergency $3 billion crude oil repayment loan from AFREXIM Bank. This is not a crude-for-refined products swap but an upfront cash loan against proceeds from a limited amount of future crude oil production. 2. Is this loan risky for NNPC Ltd. or the Nigerian Treasury? No. The ... Read More »