Justice Bassey Nkanang of The Akwa Ibom State High Court has sentenced Uduak Akpan to death by hanging for the murder of late Iniubong Umoren. April 2021, Ms Umoren, a graduate of Philosophy, University of Uyo was mudered and buried in a shallow grave while she was job-hunting in preparing for NYSC mobilization. The three persons […]

The Federal Government paid an interest of N405.93bn from January 2022 to April 2022 on the loans it got from the Central Bank of Nigeria through the Ways and Means Advances. This is according to data obtained from the government’s Medium-Term Expenditure Framework and Fiscal Strategy Paper 2023-2025. Ways and Means Advances is a loan […]

Former President, Chief Olusegun Obasanjo on Tuesday lamented high cost of diesel, feeds as well as exchange rate crisis as it affects fish production in Nigeria. Obasanjo, who is a fish farmer, said he has been sweating because the high cost of diesel has been taking a toll on his fish production. He spoke on […]

According to Currency traders known as BDCs in the Ikeja area of Lagos, the buying rate of the greenback at N650 and the selling price at N665 per dollar. According to them, the gains are influenced by increased dollar liquidity in the market. “Dollar is plenty in the market. Some oil companies also brought out […]

The Nigeria Railway Corporation has suspended the Lagos-Kano and Ajaokuta train services  due to fear of terrorist attacks. Multiple sources in the Ministry of Transportation and the NRC  confided in one of our correspondents that the train services would not resume until the security along the Lagos-Kano route and the Ajaokuta train station  was guaranteed. […]

A Federal High Court in Abuja on Thursday granted the suspended Accountant General of the Federation, Idris Ahmed and his co defendants bail on terms and conditions given by the Economic and Financial Crimes Commission (EFCC). Justice Adeyemi Ajayi in her ruling ordered that the defendants shall not leave the Federal Capital Territory without permission […]

Operatives of the Nigeria Police Force, the Department of State Security Service, and the Nigeria Security Civil Defense Corps have beefed up security around the National Assembly complex, Abuja, over the ongoing protest organised by the Nigeria Labour Congress in solidarity with the Academic Staff Union of Universities. Workers in various states of the federation, […]

Nigerian National Petroleum Company (NNPCLimited) announced Tuesday that it has no plan to lay off workers as a result of its recent transition. The NNPC Limited said this in a statement by GarbaDeen Muhammad, the group general manager, group public affairs division of the company. The development came amid reports that the company had offered […]

The International Monetary Fund (IMF) has held its projection about Nigeria’s economic growth prospect at 3.4 per cent amid growing concern about elevated inflation and the possibility of a technical recession in the year. The position is contained in the July World Economic Outlook (WEO) update released, yesterday. The Fund expects the country’s growth to […]

A London Court has granted Beatrice, wife of a former Deputy Senate President, Ike Ekweremadu, bail. She was granted bail on Monday. Ike Ekweremadu on the other hand was denied bail. According to the Common Serjeant of London, judge Richard Marks: “The position is that I have granted bail to Beatrice subject to some fairly […]


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