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JTF members killed by B’Haram explosives buried in Borno
Two members of the Borno State Civilian Joint Task Force were killed and eight others injured by an improvised explosive device Tuesday afternoon at Mafa town, Mafa Local Government Area of Borno Stat… 18th January 2024
Families of deceased cops get N166m benefits
The Lagos State Commissioner of Police, Fayoade Adegoke, on Wednesday, presented a Settlement Group Life Assurance and IGP Family Welfare benefits, amounting to N166,353,805, to the families of 86 pol… 18th January 2024
NPC begins health survey in Ogun
The Chairman, National Population Commission, Nasir Kwarra, on Wednesday, disclosed that the 2023/2024 Nigeria Demographic and Health Survey is not just a survey but an instrument of transformation an… 18th January 2024
INEC releases by-election candidates’ names for scrutiny
The Independent National Electoral Commission has published the final list and particulars of candidates for by-elections coming up in parts of the country. The National Commissioner and Chairman, Inf… 18th January 2024
Edo: LP aspirants to buy forms N30m, females get waiver
The Labour Party will on January 25 begin the sale of Expression of Interest and Nomination forms to aspirants for the Edo State governorship election. It pegged nomination form at N25m and the expres… 18th January 2024
Bello approves 100% hazard allowance for Kogi doctors
The Kogi State Governor, Yayaha Bello, on Wednesday, approved 100 per cent hazard allowance for medical doctors and other health workers in the state, effective immediately. The governor announced the… 18th January 2024
Miyetti Allah unveils 1,144-man outfit to tackle Nasarawa bandits
The Miyetti Allah Kautal Hore Fulani Sociocultural Association, on Wednesday, inaugurated the Nomad Volunteer Vigilante Group, consisting of 1,144 volunteers, to fight against banditry, kidnapping, ca… 18th January 2024
Soldiers wade in as two die in Plateau farmer-herder clash
A farmer and a herder were killed on Wednesday in the Bokkos Local Government Area of Plateau State. It was learnt that the farmer was attacked and killed on his farm in the Gada Biu-Mbar community wh… 18th January 2024
Zamfara bandit leader Turji wearing murdered cops’ uniforms – Police
The Zamfara State Police Command has debunked rumour that notorious bandits’ kingpin, Bello Turji, was recruited into the police force as part of the reconciliation process. Turji had been seen in v… 18th January 2024
Lawmaker defends second Ekiti flyover
The Chairman, Ekiti State House of Assembly Committee on Innovation, Science and Digital Economy, Idowu Odebunmi, has said Governor Biodun Oyebanji administration’s road infrastructure policy is bei… 18th January 2024
Kaduna seeks more military bases, security trust fund
The Kaduna State Governor, Senator Uba Sani, has said plans are underway for the establishment of more military ‘Forward Operation Bases’ to tackle the rising security concerns in the state. This … 18th January 2024
Ighodalo declares Edo gov ambition, promises wealth creation
The immediate past Chairman of Sterling Bank, Mr Asue Ighodalo, on Wednesday, formally declared his intention to contest the governorship of Edo State on the platform of the Peoples Democratic Party. … 18th January 2024
IITA empowers 1,918 youths in agric business
The International Institute of Tropical Agriculture has empowered 1,918 youths in agriculture to reduce unemployment and increase agricultural productivity in Nigeria. In a Wednesday statement made … 18th January 2024
Lagos begins construction of Ijake road February
The Lagos State Government says it will commence the construction of Ijake Road in the Oto-Awori Local Council Development Area of the state in February. The Special Adviser to the state governor on R… 18th January 2024
Enugu woman didn’t die of domestic violence –Police
A police investigation report has revealed that one late Mrs Trinitas Chiamaka Ilechukwu, of Amaeke Nenwenta, Awgu Local Government Area of Enugu State, died of ‘Disseminated Intravascular Coagulopa… 18th January 2024
I was hospitalised after my N500m movie leaked online – Toyin Abraham
Award-winning Nollywood actress, Toyin Abraham, has said she was hospitalised due to panic attacks resulting from the illegal circulation of her new movie, Malaika. The high-budget movie was exclusive… 18th January 2024
Over 700 houses sealed for infractions in 2023 –LASG
The Lagos State Physical Planning Permit Authority said it sealed over 700 buildings in 2023 for various violations. The General Manager, LASPPPA, Kehinde Osinaike, disclosed this while leading an enf… 18th January 2024
Afenifere, govs condole with Makinde over Ibadan explosion
The pan-Yoruba socio-political organisation, Afenifere, on Wednesday, commiserated with Oyo State Governor, Seyi Makinde, and the people of the state over an explosion that rocked the ancient city on … 18th January 2024
NJC halts judges’ appointment in Kogi
The National Judicial Council has put on hold the process of appointment of judges and Khadis for the Kogi State Judiciary. The decision followed a letter written to the council by some Senior Advocat… 18th January 2024
Naira falls to N1,350/$ in parallel market
The naira yesterday fell to N1,350 per dollar in the parallel market from N1,295 per dollar on Tuesday.
However, the naira depreciated to N931.23 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
Nigeria’s oil output rises 7.7% to 1.4m bpd — OPEC
Nigeria’s oil output rose month-on-month, MoM, by 7.7 per cent to 1.4 million barrels per day in December 2023, from 1.3 million bpd, recorded in the preceding month of November 2023.
In Kano, Plateau, Zamfara, Supreme Court simply dodged a bullet, By Ikechukwu Amaechi
Since the Supreme Court reversed the Appeal Court judgements that sacked Kano State Governor, Kabiru Yusuf; Caleb Mutfwang of Plateau State; and Zamfara’s Lawal Dauda….
Betta Edu: Why ministers abuse public office in Nigeria, By Olu Fasan
Few things confer greater honour and privilege than being a minister in the government of one’s country. From a wider population
EFCC, ICPC should be quizzing some APC politicians — Soyinka
By Olasunkanmi Akoni & John Alechenu Nobel Laureate Prof Wole Soyinka said yesterday that some politicians in the ruling All Progressives Congress, APC, should be answering questions from anti-graft agencies over corrupt practices during their time in elected offices. Soyinka, who stated this in an interview on Channels Television’s The Morning Brief, also said there […]
January 18, 2024
NCC suspends barring of Glo subscribers from calling MTN lines
Kwara shuts job portal as 8,000 apply in 48 hours
Govt arrests husband as pregnant wife faints after assault
Stop Fubara from presenting budget afresh, Rivers elders tell court
Abduction epidemic: Police in massive deployment as FG faults raising ransom funds
Ibadan explosion: Residents blame Malian illegal miners as FG probes blast
BUSINESS NEWS
Discos not responsible for poor power supply – IBEDC
The Ibadan Electricity Distribution Company has said DisCos are not to blame for the poor power supply currently being experienced by customers. IBEDC attributed the poor power supply to the “low al… 18th January 2024
CBN to tackle forex infractions with heavy sanctions
The Central Bank of Nigeria has uncovered infractions, gross abuses, and non-compliance with foreign exchange market regulations. Consequently, the apex bank vowed it would punish those responsible fo… 18th January 2024
Pelican Valley lights up estate with renewable energy
As a means of reducing greenhouse gas emissions, Pelican Valley Nigeria Limited has concluded plans to light up its Smart City in Kobape area of Ogun State with solar-powered streetlights. This is as … 18th January 2024
Fidelity Bank’s Read2Lead empowers young Nigerians
FIDELITY Bank has launched a creative writing competition for secondary school students dubbed Read2Lead. It is part of bank’s Corporate Social Responsibility initiatives designed to empower Nigeria… 18th January 2024
Lagos, Rivers, Kogi top most expensive states, says report
Kogi, Lagos, and Rivers are the most expensive states in Nigeria in December, according to the National Bureau of Statistics. The NBS November Consumer Price Index released on Monday showed that the A… 18th January 2024
Tetracore, APN move to boost AfCFTA implementation
Tetracore Energy Group, a prominent player in Africa’s energy sector, and Africa Prosperity Network have collaborated with the African Continental Free Trade Area Secretariat and other strategic par… 18th January 2024
CWAY donates booths to police
CWAY Group says it has donated 50 units of police traffic booths to the Lagos State Command of the Nigerian Police Force to help curb the challenge of traffic congestion in the state. A statement by t… 18th January 2024
ThriveAgric distributes input to 100,000 farmers
An agricultural technology company, ThriveAgric, has flagged off the ThriveAgric 2023/2024 dry season farming cycle with the distribution of agricultural input, targeting over 100,000 smallholder farm… 18th January 2024
FG plans N5.1bn TETFund grant for research
The National Research Fund grant cycle initiated by the Tertiary Education Trust Fund has received approval for N5,128,180,623 to fund 185 successful research proposals. The Minister of Education, Pro… 18th January 2024
Coronation Insurance shareholders okay 78 kobo exit price
The shareholders of Coronation Insurance Plc negotiated for an upward review of the buyback offer of their holdings to 78 Kobo by the core investor as the company plans to delist from the Nigerian Exc… 18th January 2024
FG suspends electricity tariff hike, power subsidy hits N1.6tn
The Nigerian Electricity Regulatory Commission, on Wednesday, released the 2024 electricity tariffs which showed that the Federal Government is to shoulder about N1.6tn subsidy this year to avert elec… 18th January 2024
Interconnect fee: NCC to advise Glo subscribers as deadline expires today
The Nigerian Communications Commission is set to advise Globacom subscribers on the next steps following the expiration of its grace period for the barring of their lines from making calls to MTN line… 18th January 2024
Equity market sustains rally as ASI hits record 90,000 points
The bullish party on the Nigeria Exchange Limited continued on Wednesday as the benchmark index of the bourse crossed 90,000 basis points to close at 90,063.25. Similarly, the market capitalisation ap… 18th January 2024
Shun imported poultry products, Customs urge Nigerians
The Nigeria Customs Service has said that imported poultry products are the major cause of cancer in Nigeria because most of them are preserved with poisonous chemicals. The Customs Area Controller in… 18th January 2024
Hoodlums discouraging foreign transport investors in Lagos – Truckers
The Lagos State Truck and Cargo Operators Committee, set up by the state government, has said that the activities of hoodlums are dissuading foreign transport investors in the transportation business…. 18th January 2024
Lawyers laud S’Court over inland waterways judgment
Lagos based lawyers have lauded the judgment of the Supreme Court reaffirming the power of the Federal Government through the National Inland Waterways Authority to control the activities on the count… 18th January 2024
90% 2023 diaspora remittances didn’t get to Nigeria — Oyedele
NGX breaks record as ASI hits all time high of over 90,000 points
CBN uncovers abuses in $7b FX backlogs, vows sanctions
The Central Bank of Nigeria (CBN) revealed yesterday that it discovered “grave infractions” through an independent forensic review, as it tries to clear the multi-billion dollar foreign exchange (FX) backlog.
January 18, 2024
FG in talks with World Bank for $1.5bn fresh loan
Naira falls to N1,350/$ in parallel market
Fintech to refund customers after platform breach
Access Holdings to float new subsidiary
Infinity Trust Mortgage Bank records N1bn profit
Eterna becomes official distributor of Dangote refinery
The Central Bank of Nigeria (CBN) revealed yesterday that it discovered “grave infractions” through an independent forensic review, as it tries to clear the multi-billion dollar foreign exchange (FX) backlog.
January 18, 2024
- Nigeria’s crude oil production rises to 1.4mbd – OPEC
- FG to clear N35,000 wage award arrears, resume payment
- No plan to exit Nigeria, says Shell
- FAAC: Customs, others shared N54bn in November
- 10,166 illegal refineries, connections destroyed in three years – NNPCL
- Hoarding of dollars fuelling naira depreciation –ABCON
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