Author: Broad Admin

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Rivers State floored Imo State at the Supreme Court on Friday over the disputed 17 oil wells. The court in its judgement also ended the political arrangement on the sharing of revenue from the oil wells. The apex court ruled that the oil wells located in Ndoni and Egbema communities belong to Rivers in its […]

Airline operators in Nigeria are shutting down operations indefinitely from Monday due to the increase in the price of aviation fuel.  This was communicated to the Minister of Aviation, Hadi Sirika, in a letter signed by the President of Airline Operators of Nigeria (AON), Abdulmunaf Yunusa Sarina.  Mr Sarina bemoaned the sporadic increase in the […]

The stock market extended its gaining streak on Friday, closing the week in green, following investors’ interest in some consumer goods stocks. Specifically, the market capitalisation gained N53 billion to close at N27.459 trillion against N27.406 trillion on Thursday. Similarly, the All-Share Index increased by 99.08 points to close at 50,935.03 from 50,835.95 posted on […]

The National Leader of All Progressive Congress, Bola Tinubu, has endorsed Lagos State Governor, Babajide Sanwo-Olu, for a second term in office. The Commissioner for Information, Gbenga Omotoso, made this known on Friday. This followed speculations that Sanwo-Olu may be denied a second term in office. “LET’S GO: Asiwaju endorsing Governor Sanwo-Olu for another term […]

The National Crime Agency (NCA) of the United Kingdom has announced the recovery of about $23.5 million in looted funds from the allies and family of a former Nigerian dictator, the late Sani Abacha. The funds were retrieved as part of a wider pool of funds identified by the United States Department of Justice (USDOJ) […]

The Central Bank of Nigeria (CBN) has announced that the eNaira’s next update would support DSTV renewals, recharge card purchases, air travel ticket payments, among others. This was disclosed by Yusuf Abdul Jelil, eNaira project representative, at an event for the sensitisation and activation of e-Naira Wallet organised by the CBN in collaboration with Oshodi […]

Governor of the Central Bank of Nigeria, Godwin Emefiele, has picked the All Progressives Congress N100m presidential nomination and expression of interest form. He reportedly picked up the form on Friday in the Federal Capital Territory. When contacted on Friday for a reaction, a leader of the Emefiele Mobilisation Team, Attah Jacob, in a telephone […]

President Muhammadu Buhari has insisted that the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu must defend himself in court. The president said this while responding to appeals for the release of detained IPOB leader. South East traditional, religious and political leaders made the appeal during a Town Hall meeting with Buhari in […]

THE Federal Operations Unit, Zone A, of Nigeria Customs Service, says it intercepted 7,259 bags of 50kg of foreign parboiled rice which is equivalent to 12 trucks in April. The service said 12 suspects had so far been arrested by the unit in connection with the seizure of different contrabands and others. Addressing journalists at […]

The Organisation of Petroleum Exporting Countries on Thursday raised the crude oil production quota approved for Nigeria again, as it increased it from 1.753 million barrels per day in May 2022 to 1.772 million barrels per day in June. OPEC had earlier raised Nigeria’s oil production quota from the 1.735 million barrels per day target […]


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