Senate begins investigation into Importation of adulterated petrol
The Senate has commenced moves to unravel the circumstances behind the importation of hazardous petroleum products into Nigeria. A 15-man ad-hoc committee led by its Chairman, Opeyemi Bamidele, was constituted by the senate leadership to carry out the investigation, and they have promised to invite relevant stakeholders to answer questions regarding the shortcomings in the […]
CBN Raises Monetary Policy Rate From 26.25% To 26.75%
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 50 basis points, from 26.25% to 26.75%. Announcing this after the apex bank’s 296th Monetary Policy Committee meeting in Abuja, CBN Governor, Olayemi Cardoso, said the committee also pegged the Cash Reserve Ratio for Deposit Money Banks at 45% while that […]
President Tinubu calls for suspension of August 1 planned protests
President Bola Tinubu has appealed to Nigerians to shelve the August 1 planned nationwide protests against bad governance in the country. Tinubu, who spoke through the Information Minister, Mohammed Idris, after a meeting yesterday, said he is gravely concerned about the economic challenges and working assiduously to ameliorate the sufferings of Nigerians. Our correspondent, Raliat […]
NCS Warns Motorist To Stop Buying Second-hand Tyres
The Nigeria Customs Service (NCS) has called on motorists to stop buying second-hand tyres, popularly known as ‘Tokunbo tyres’, in order to stem incessant cases of road crashes. Comptroller of the Ogun 1 Area Command of the NCS, Mr James Ojo, who made the call while speaking with Newsmen yesterday in Ota, Ogun State, explained […]
President Tinubu urges the youth not to protest
President Bola Tinubu has urged the youth not to carry out their planned protests against the Federal Government’s economic reforms. Tinubu made the call in Abuja yesterday at a meeting of the National Council of Traditional Rulers, where he was represented by the Secretary to the Government of the Federation, George Akume. According to him, […]
Stakeholders in oil and gas speak on resolving issues
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. The minister convened the meeting which held yesterday in Abuja to find a lasting solution to the current impasse affecting the Dangote Refinery, with all parties […]
How Brain Jotter ‘revived’ Mike Ejeagha’s 1983 hit song -‘Gwo Gwo Gwo Ngwo’
It’s over 40 years after it was recorded, ‘Ka Esi Le Onye Isi Oche‘, a hit by Mike Ejeagha, the ace Nigerian highlife singer, is one of the hottest songs on social media. ‘Ka Esi Le Onye Isi Oche’ was released in 1983 as one of the tracks from Ejeagha’s ‘Akuko N’Egwu Vol. 1‘ album. The song […]
Afam Osigwe emerges the President-elect of NBA
A Senior Advocate of Nigeria, Afam Osigwe, has emerged as the president-elect of the Nigerian Bar Association (NBA) following the 2024 NBA election held online. Osigwe secured the highest number of votes, with 20,395, surpassing his closest rival, Tobenna Erojikwe, who got 10,970 votes, and Chukwuka Ikwuazom (SAN), who received 9,007 votes. He will succeed […]
FG to distribute 30,000 CNG conversion kits to commercial drivers
The Chief Executive Officer, Presidential Compressed Natural Gas (CNG) Initiative, Mr Michael Oluwagbemi, says 30,000 CNG conversion kits have been procured to be distributed to commercial drivers within 90 days. Oluwagbemi added that the CNG initiative which is cheaper, cleaner, safer and more reliable, was to ensure that commercial drivers would benefit from the palliative […]
Super Eagles drop to 39th spot in latest FIFA World Ranking
Nigeria’s Super Eagles have dropped by one spot to the 39th place in the world in the July 2024 FIFA World Ranking. However, the Nigerian team still maintains its position in Africa as the 5th; behind Morocco, Senegal, Egypt and Cote d ‘Ivoire. Meanwhile, after successfully defending their CONMEBOL Copa América crown, Argentina is the […]
