News

The Economic and Financial Crimes Commission (EFCC) is set to arraign a presidential hopeful and former governor of Imo State, ROCHAS OKOROCHA, before a Federal High Court in Abuja. OKOROCHA, who currently represents Imo West senatorial district in the National Assembly, will be arraigned before Justice INYANG EKWO today in the nation’s capital. The former governor is being ...

National Bureau of Statistics have shown selected food prices recorded an increase of 42 per cent in one year. Similarly, the average price of 1kg of yam tuber on a year-on-year basis rose by 42.88 per cent, from the value recorded in April 2021 (N252.80) to N361.20 in April 2022. On a month-on-month basis, it increased from N353.56 in March 2022 to N361.20 in April 2022, indicating 2.16 per cent growth. ...

Former Governor of Anambra state and a presidential aspirant, PETER OBI, has resigned from the Peoples Democratic Party, PDP and also withdrawn from the Presidential contest on the party’s platform.  PETER OBI who announced his withdrawal from the party’s primary in a letter sent to the National Chairman and dated May 25th, 2022, explained that he took the decision to leave the party because of his firm c...

Anambra State Governor, Professor CHUKWUMA SOLUDO, on Wednesday imposed a curfew on eight local government areas of the state. In a state-wide broadcast in Awka, governor SOLUDO said the curfew will commence on Thursday from 6:00 pm to 6:00 am. He equally banned motorcycles, commercial tricycles also called Keke, and shuttle buses from operating in the affected local councils on M...

Reports say demand for Liquefied Natural Gas (LPG) popularly known as cooking has dropped to a record low across the country. Market report gathered on Tuesday showed that consumers had lately either reduced consumption or ditched the commodity for cheaper alternatives such as coal and firewood. President, Nigerian Gas Association, ED UBONG, said during a downstream event in Lagos...

A former Deputy President of the Senate, IKE EKWEREMADU, has withdrawn from the Enugu State governorship race. EKWEREMADU in a statement said he would not participate in today’s governorship primary election of the People’s Democratic Party in Enugu State.He is currently representing Enugu West Senatorial District at the Senate, was a foremost governorship aspirant in the state ...

The Federal Government has said it would spend about 34 billion naira on the ongoing payment of minimum wage consequential adjustments to education sector workers with effect from 2019. According to a statement by the Federal Ministry of Labour and Employment, the beneficiaries include the members of the striking Academic Staff Union of Universities (ASUU) and their counterparts in the Polytechnics and Colleges of Education....

President MUHAMMADU BUHARI has assured of  his administration’s commitment to restore peace and stability to the country.Buhari made the statement at the 58th anniversary of the Nigeria Air Force (NAF) in Kano.President BUHARI commended the Air force and other security agencies in the country for their sacrifices in securing the country....

Director of the African Development Bank (AfDB), AKINWUNMI ADESHINA has approved a 1.5 billion dollar emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war. About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least 30 million metric tonnes of food, especially wheat, maize, and soybeans imported from Russia and Ukraine....

The National Industrial Court sitting in Lagos has ordered the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to pay over 5.7 billion naira terminal benefits to over 1,000 bank workers affected by the re-capitalization exercise of 2006. The money is to be paid within three months from the date of judgment failing which it will attract 10 percent interest until liquidated.&n...