Today’s News Headline (February 12, 2024)

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Nigerian-British UK minister, Badenoch, arrives Abuja on working visit

United Kingdom Minister for Business and Trade, Kemi Badenoch, has arrived in Nigeria on a three-day visit.

February 12, 2024

Blame corrupt politicians for downturn of Naira — Isa Yuguda

Former governor of Bauchi State, Isa Yuguda, has said that the current downturn of the naira in the forex market was caused by corrupt politicians who mop up dollars and store them in their houses and foreign accounts.

February 12, 2024

Anglican Primate to Tinubu: Act fast, Nigerians’re starving

Primate of the Church of Nigeria (Anglican Communion), Most Rev. Henry Ndukuba, has implored President Bola Ahmed Tinubu to urgently tackle the growing hunger and economic hardship facing Nigerians.

February 12, 2024

Kano Hisbah seizes 8,600 bottles of beer, arrests 15 for prostitution

Kano State Hisbah Board has confiscated no fewer than 8,600 bottles of beer loaded in a van that came to the state from Kaduna.

February 12, 2024

Institute to boost sugar production with 2m seedlings

The Executive Secretary, National Sugar Development Council, Kamar Bakrin, has said the Sugar Institute would produce two million seedlings to boost production in the country when fully functional.

February 12, 2024

Tinubu administration not responsible for economic hardship – Sanusi

Immortalise Jimi Solanke, ANA urges Ogun gov

Valentine’s Day: Protect yourselves, NACA advises Nigerian

Aggrieved Edo PDP aspirants threaten legal action

Hisbah seizes 8,600 beer bottles in Kano, suspected prostitutes held

Adeleke raises committee to end Osun JUSUN strike

Obalende Bridge squatters ordered to leave

The Lagos State Government has issued a four-day ultimatum to commercial drivers and squatters beneath the Obalende Bridge to vacate their shanties and move any unlawful motor parks to the state’s r… 12th February 2024

Probe debts by past govts, Afe tells Tinubu

Legal luminary and founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola (SAN), has called for an investigation into how Nigeria found itself in the present situation of huge indebtedness. … 12th February 2024

Ogun hosts national transport council meeting

The Ogun State Government is set to host the 18th edition of the National Council on Transportation from Tuesday, February 13, to Friday, February 16, 2024. A statement on Sunday noted that the meetin… 12th February 2024

Nigeria to become food exporter through mechanised farming – Tinubu

President Bola Tinubu, on Sunday, said his administration was keen to make Nigeria self-sufficient in food production and become a net exporter of agricultural products through what he called “aggre… 12th February 2024

What Wigwe told me before his death — FAAN MD

The Managing Director and Chief Executive Officer, Federal Airports Authority of Nigeria, Mrs. Olubunmi Kuku, has disclosed that the late Group CEO, Access Holdings Plc, Herbert Wigwe, told her he was… 12th February 2024

Oyo monitors N500m SME loan beneficiaries

The Oyo State Government, on Sunday, began the monitoring of beneficiaries of its N500m  Small and Medium Scale Enterprise Loan Support under the Sustainable Action for Economic Recovery initiative. … 12th February 2024

CU e-learning programme to bridge Nigeria’s admission deficit – VC

The Vice-Chancellor of Covenant University, Prof. Abiodun Adebayo, has said the university’s newly launched distance e-learning platform will help address the admission deficit in Nigeria, and foste… 12th February 2024

Lawmaker distributes food packs to 8,500 residents

The House of Representatives member for Lagos Mainland Federal Constituency, Moshood Oshun, at the weekend, distributed food packs to 8,500 residents of his constituency. The beneficiaries, who are pe… 12th February 2024

CIS marks 30th anniversary with book presentation

The Chartered Institute of Stockbrokers has launched a book and a documentary on the capital market to mark its 30th anniversary. In his welcome address at the launch, which took place on the trading … 12th February 2024

Lagos educates traders on hygiene, food storage

The Lagos State Government at the weekend sensitised market men and women to hygiene, food storage and safety. The state Commissioner for Agriculture, Abisola Olusanya, who led the sensitisation, also… 12th February 2024

FTN Cocoa earned zero revenue in 2023

One of Nigeria’s oldest cocoa companies, FTN Cocoa Processors, recorded zero earnings in 2023 due to its inability to engage in production because of working capital adequacy concerns. This was indi… 12th February 2024

Kano seizes 10 warehouses, to prosecute owners for hoarding foodstuffs

The Kano State Public Complaints and Anti-corruption Commission, on Sunday, confiscated 10 warehouses with hoarded assorted foodstuffs in the Dawanau area of Dawakin Tofa Local Government Area of the … 12th February 2024

Police charge Bayelsa senator with NYSC exemption certificate forgery

The Inspector General of Police has instituted a forgery suit against the senator representing Bayelsa Central, Benson Konbowei. In the suit marked: CR/028/2023,  the IG preferred three charges, bord… 12th February 2024

My re-election rescued Bayelsa from cabal, says Diri

The Governor of Bayelsa State, Douye Diri, claimed on Sunday that God used last year’s governorship election, which he won on the platform of the Peoples Democratic Party, to rescue the state from a… 12th February 2024

Nigeria’s predicaments not solely political – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, on Sunday, said that the socio-economic as well as security challenges confronting the country require spiritual sol… 12th February 2024

Sanwo Olu pledges support for Red Cross

The Lagos State Governor, Babajide Sanwo-Olu, has pledged his support for the Nigerian Red Cross. Sanwo-Olu, represented by the Secretary to the State Government, Bimbola Salu-Hundeyin, made the pledg… 12th February 2024

Diabetes patients seek govt intervention in rising insulin price

The Diabetes Association of Nigeria has petitioned the Coordinating Minister of Health, Prof Muhammad Pate, on the rising cost of diabetes care in the country. The association said the price of insuli… 12th February

Plateau crisis: Rep expresses commitment to restoring peace

One killed in bombing in Cameroon

AFCON: Africa is the ultimate winner – Shettima

Vice President Kashim Shettima said on Sunday that Africa was the ultimate winner of the just concluded African Cup of Nations (AFCON) held in Côte d’Ivoire.

February 12, 2024

Adeleke constitutes committee to resolve Osun JUSUN strike

Wigwe’s tragic death: Corporate world has lost extraordinary genius – Rone

Hardship: Pensioners dying in droves, NUP raises alarm 

Tinubu assures Nigerians of food security

Judge orders Elon Musk to answer to regulators in Twitter/X probe

AFCON: Gov Otti commends Super Eagles for coming 2nd

Bedesiegha bridge rehabilitation: Delta govt faults  N-Delta ministry’s claim

Bayelsa govt defends market relocation

Cartoon: ‘Sorry, it’s paper, not money; now let me breathe’

MOSOP reiterates commitment to oil resumption, devt of Ogoniland

Ongoing reforms in Edo’ll save Nigeria $40bn spent on medical tourism, education — Obaseki

Scammers hack Gov Otu’s phone number, seek financial assistance

Lagos gives quit notice to Obalende squatters, illegal motor parks

Business

Discos over billed 7.1million customers in nine months – FG

Court affirms NMDPRA’s powers on statutory levies

FG agencies partner to grow agric export

Nigeria facing worsening economic crisis, says IMF

NAFDAC, MAN disagree over sachet alcohol ban

Equity market sheds N1tn amid sell-offs

Shell supplies 475,000 barrels of crude oil to P’Harcourt refinery

FMBN strengthens operations to meet housing demands

Real estate firm trains 350 youths

CIS marks 30th anniversary with book presentation

Politicians weakening town planning laws, say operators

FG eyes 1million housing jobs in two years

FTN Cocoa earned zero revenue in 2023

One of Nigeria’s oldest cocoa companies, FTN Cocoa Processors, recorded zero earnings in 2023 due to its inability to engage in production because of working capital adequacy concerns. This was indi… 12th February 2024

Herbert Wigwe: Exit of banking whiz-kid

The death of the Group Chief Executive Officer of Access Holdings, Herbert Wigwe, will leave the country, especially the financial sector, in a pensive mood for some time. In this piece, Oluwakemi Abi… 12th February 2024

Navy destroys three illegal oil refining sites in Rivers, Bayelsa

Troops of the Nigerian Navy under the Operation Delta Sanity have set ablaze three illegal oil refining sites in Rivers and Bayelsa States. The Navy said its ship, Soroh, discovered and deactivated on… 12th February 2024

Tame inflation, Senate committee tells CBN

Senate Committee on Banking, Insurance & other Financial Institutions has urged the Central Bank of Nigeria to tame inflation in the country. The chairman of the committee said this on Saturday at… 12th February

Ban on spirits in sachets, PET bottles threatens N800bn investments — MAN

Investors lose N1.4trn as high TB rates jolts stock market 

We are committed to driving capital market reforms —Senate

The Chairman, Senate Committee on Capital Market and Institutions, Osita Izunaso, has pledged the commitment of the Senate to driving legislative reforms that would propel the Nigerian capital market to new heights.

February 12, 2024

Rain, wintry weather responsible for crash — US authorities

FSL Securities projects higher level of bond activities in 2024

Banks grow total assets by 50% N107.3trn 

More Nigerians, customers to benefit from AXA Mansard promo extension

copied:punchng, vanguardngr.

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