National
Page: 111
The federal government has ruled out the possibility of the forthcoming elections being cancelled or postponed due to insecurity. Lai Mohammed, minister of information and culture, spoke on the matter on Tuesday at the 17th edition of the ‘President Muhammadu Buhari (PMB) Administration Scorecard Series (2015-2023)’ in Abuja. He was reacting to reports that […]
The Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its mandate from the Federal Government as regards PMS subsidy, the Minister of State for Petroleum Resources, Chief Timipre Sylva, said on Monday. Sylva’s remarks came as oil marketers stated that the supply hitches […]
The Tony Elumelu Foundation (TEF), a non-profit organisation in Africa, has appointed Somachi Chris-Asoluka as its new chief executive officer (CEO). The foundation’s board of trustees made the announcement in a statement on Monday. The appointment which takes effect from March 1, 2023, follows the retirement of Ifeyinwa Ugochukwu, the current CEO of the […]
The vice presidential candidate of the Peoples Democratic Party and governor of Delta State, Sen. Ifeanyi Okowa, is saddened over the Saturday attack on train passengers by gunmen at the Igueben sub-station in Edo state. In a statement by his Chief Press Secretary, Mr. Olisa Ifeajika, in Asaba on Sunday, Okowa deplored the […]
One person has been confirmed dead with many others injured during the Yoruba Nation agitators rally in the Ojota area of Lagos, this morning. Though details of how the planned rally to press for self -determination assumed a violent twist could not be immediately ascertained. But eyewitnesses called Vanguard, informing that there were […]
Peter Obi, presidential candidate of the Labour Party (LP), has described the petrol subsidy regime in Nigeria as “organised crime”. Obi said this on Sunday during a town hall meeting organised by Channels Television. Nigeria spent a total of N6.210 trillion on petrol subsidy, also called under-recovery shortfall, between 2013 to 2021. Last […]
Comedian Bright Okpocha popularly known as Basketmouth has announced the end of his marriage to Elsie Okpocha after 12 years. The popular comedian shared a post on Instagram stating that they have decided to end their marriage and go their separate ways. He also assured that despite the downtown of the marriage, they […]
The deputy Governor of the Central Bank of Nigeria in charge of Financial Stability, Aisha Ahmad, has said she does not know the quantities of new notes the CBN printed and released for circulation. Ahmad said so while responding to questions from lawmakers when she appeared before the House of Representatives to brief […]
The Central Bank of Nigeria (CBN) on Wednesday bowed to pressure from many Nigerians and lawmakers as it announced an upward review of its cash withdrawal limits directive. Individuals can now withdraw N500,000 cash weekly and corporate entities can now withdraw up to N5 million cash across all channels including Automated Teller Machines […]
Banks have reduced the volume of new naira notes they dispense to customers per cash withdrawal by about 50 percent leading to increased anxiety over the January 31st deadline when the old notes will cease to be legal tender. Meanwhile, the Central Bank of Nigeria, CBN, in a bid to protect Nigerians from […]
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