The Heads of State and Government of the African Union (AU) have elected the President of Mauritania, Mohamed Ould Ghazouani as the new chairman of the African Union for 2024. Ghazouani takes over from President Azali Assoumani of the Union of Comoros, who was the Chairperson for 2023. His selection …
Read More »In response to rising cement prices, FG calls in Dangote Plc, BUA Plc, and Larfarge
The Federal government has said it cannot fold its arms and see the price of cement spiraled out of control. Consequently, the Minister of Works, David Umahi has summoned cement manufacturers to a meeting on Monday to examine the issues surrounding the latest development. According to a statement by …
Read More »Police arrests eight abductors of Ekiti pupils, teachers and killed one abductor
Ekiti State Police Command has arrested eight suspected kidnappers of pupils and teachers of Apostolic Faith Nursery and Primary School, Emure-Ekiti. The Police Commissioner, Mr Adeniran Akinwale made this known at a press briefing at the police headquarters in Ado-Ekiti, on Friday, while parading the suspects and recovered …
Read More »Nigerian Citizens are hungry and angry – Bauchi Governor
Bauchi State Governor, Bala Mohammed, has expressed worry over the worsening hardship caused by the nation’s declining economy. Mohammed said the masses are experiencing hunger which is translating into anger, adding that inflation and food insecurity are contributing to the hardship. The governor made the remark on Friday during …
Read More »For the first time since 2021, Bitcoin surpasses $50,000
Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand. The cryptocurrency has enjoyed a strong run-in recent month, fuelled by expectations US lawmakers would allow the …
Read More »NLC declares two-day national protest over hardship
The Nigeria Labour Congress has declared a two -day national protest on 27th and 28th of February to demonstrate outrage on the mounting hardship and insecurity across the country. The NLC said if its demands are not met after the nationwide protests, it would issue a seven-day …
Read More »Nigerian Army intercepts trucks transporting cement to Cameroon
Troops of the Nigerian Army have intercepted trucks allegedly transporting banned goods to the Republic of Cameroon. The trucks, loaded with 600 50kg bags of cement each, were on Friday displayed to journalists at the headquarters of the Nigeria Police in Yola, the Adamawa State capital. Adamawa State Governor, Ahmadu …
Read More »FG to borrow N2.5trn through bond, says DMO
The Debt Management Office (DMO) has said that the Federal Government is seeking to raise N2.5 trillion in its second bond auction of the year. In a circular issued on Wednesday, DMO stated that the offerings consisted of N1.25 trillion with a maturity date of February 2031 and another …
Read More »President Bola Tinubu, governors in emergency meeting in Aso Rock
President Bola Tinubu is currently meeting with governors and some security chiefs at the Council Chamber, Presidential Villa, Abuja, over the current hardships in the country. It was reliably gathered that President Tinubu summoned the meeting in view of the economic hardship in the country as well as …
Read More »Governor Duoye Diri of Bayelsa State has been sworn in for a second term in office
Diri took his oath of office at about 1:58 pm on Wednesday at the Samson Siasia Sports Complex in Yenagoa, the state capital. Dignitaries that graced the inauguration included Vice President Kashim Shettima, the Speaker of the House of Representatives, Tajudeen Abbas, Governors Muhammed Bago of Niger State, …
Read More »