Kennedy Ubeku, a Korea-based Nigerian businessman, has commended Adegoke Fayoade, the Assistant Inspector General of Police (AIG), Zone 2 command, Lagos, for rejecting a N174 million bribe from a suspect. Mr Ubeku made the remark in an interview in Lagos on Sunday and said that the act was an inspiration for others to emulate. CSP…
Micro, Small, and Medium Enterprises (MSMEs) in the ECOWAS region, under the ECOWAS Small Business Coalition (ESBC), have called for the establishment of a railway corridor linking all member countries, alongside the existing road network. The proposal was made at the end of their inaugural exhibition and workshop, which took place from November 21 to…
A near-tragic accident unfolded on Monday morning at Mile 2, Lagos, when a 40-foot container fell onto a Toyota Camry with registration number LSR 293 HJ. The driver of the vehicle, whose identity remains unknown, narrowly escaped death. The mishap occurred around 8 a.m. along the route to Apapa Ports, causing severe traffic disruptions in…
The Presidency described Tinubu as a reformer, who is touching many areas. The Presidency reacting to the assertion by the Catholic Bishop of Sokoto Diocese Matthew Kukah, “Tinubu, Buhari, Obasanjo, others are product of accidental leadership cycle’ The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, said: “He (Tinubu) is not…
Bishop Matthew Kukah the Catholic Archbishop of Sokoto Diocese, has described President Bola Tinubu, his predecessor, Muhammadu Buhari, and most past Nigerian leaders as products of an “accidental leadership cycle.” However, the Presidency last night, countered the Bishop, saying that President Tinubu should not be classified among accidental leaders, asserting that he was prepared for…
The Nigerian government’s plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying they are still unable to secure adequate supplies. To address challenges in accessing foreign currency, the government in July said it would sell crude priced in naira to local refineries for an…
The Senate has revealed that President Bola Tinubu is expected to present the 2025 budget to the National Assembly within the week. This announcement was made by the Senate spokesperson, Yemi Adaramodu, APC, Ekiti South, who noted that preparations were already in motion to facilitate this critical legislative process. Speaking on the matter, Adaramodu said,…
The Federal Government’s expenditure report for the first eight months of 2024 highlights the significant impact of debt servicing on Nigeria’s finances. Between January and August, ₦7.41tn was spent on debt servicing, surpassing the pro-rata budget of ₦5.51tn by 34.4%. This amount represents 89.6% of the ₦8.27tn budgeted for debt servicing this year, with the…
Airline Operators in Nigeria have faced criticism for calling for the confirmation of Capt. Chris Najomo as the Director-General of the Nigerian Civil Aviation Authority. In a statement signed by Vice President, Allen Onyema and spokesperson Prof. Obiora Okonkwo, the AON argued that Najomo’s administration is the best in the aviation industry. The crisis within…
The Dangote Petroleum Refinery has announced a two percent reduction in the price of Premium Motor Spirit also known as petrol, lowering it from N990 per litre to N970. This gesture, according to the refinery, is a token of appreciation to Nigerians for their support and an acknowledgment of the government’s role in fostering domestic…
