News

The Nigerian National Petroleum Company Limited has said it secured a $1bn loan backed by crude oil to support the coming on stream of the 650,000 barrels per day capacity Dangote Petroleum Refinery.It also stated that the firm facilitated the $3bn Gazelle loan as a critical intervention to help stabilise the federation’s foreign exchange crisis.The Chief Corporate Communications Officer, Mr Olufemi ...

Residents and business owners in the Offin, Ogunlewe and Bayeku areas of Ikorodu in Lagos State have raised the alarm over alleged repeated robbery incidents in the community.The business owners who are mostly affected by the trend lamented that it had been ongoing for weeks.The victims recounted how their shops were burgled at night and their items carted away in the process.A business owner, Bukola Adanri, said goods worth millions of na...

The Federal Executive Council (FEC) has approved a N47.96 trillion expenditure for the 2025 budget, marking a 36.8% increase from the 2024 estimate. The decision was made during the Council’s final meeting of 2024, held in the Council Chambers of the States House, Abuja.Speaking to State House Correspondents, the Minister of Budget and Economic Planning, Atiku Bagudu, disclosed that the 2025 fra...

The Yoruba One Voice (YOV), a prominent Yoruba diaspora organization, has urged individuals criticizing Kemi Badenoch, leader of the British Conservative Party, to desist, warning that such actions could damage Nigeria’s image.In a statement by its General Secretary, Prince Adedokun Ademiluyi, the group condemned the attacks on Badenoch, describing her as a prominent figure who has brought pride to Nigeria as a Yoruba...

The Attorney-General of Lagos State and the Commissioner for Justice, Mr Lawal Pedro, SAN, says the Human Organ and Tissue Transplantation Bill has been signed into law to prohibit illegal organ harvesting....

The Kingdom of Saudi Arabia has executed 10 Nigerians and some 79 nationals of other nations, most of them convicted of drug-related offences in 2024. ...

The Ebonyi State Governor, Francis Nwifuru, has announced a Christmas Bonus of 150,000 for each civil servant in the state. ...

Asue Ighodalo, the People’s Democratic Party (PDP) gubernatorial candidate in Edo election, has threatened to sue Jarrett Tenebe, chairman of the All Progressives Congress (APC) in Edo, for defamation. In a letter written by the legal firm Banwo & Ighodalo, the gubernatorial candidate accused Tenebe of making false and damaging statements i...

The immediate past Governor of Kogi State, Yahaya Bello, on Friday, pleaded not guilty to the 18-count charge brought against him by the Economic and Financial Crimes Commission. The charge is bordering on money laundering, breach of trust and misappropriation of public funds to the tune of about N80.2 billion....

The Law Firm of Afe Babalola has petitioned the Legal Practitioners Disciplinary Committee, (LPDC) against legal practitioner, Dele Farotimi, alleging that he violated certain provisions of the rules of professional conduct for lawyers.The LPDC is the regulatory body that investigates and addresses misconduct among Nigerian lawyers, and can bar any lawyer from legal practice.In a 90-page petition dated Dec...