Broadstreet News

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FORMER SPEAKER of the House of Representatives Yakubu Dogara has been sacked from the green chamber over his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). Dogara was sacked by Justice D.U. Okorowo of the Federal High Court, Abuja, on Friday. Okorowo ruled that Dogara’s defection from the PDP to […]

The Nigerian Senate has received the Money Laundering Bill and Terrorism Prevention Bill transmitted by President Muhammadu Buhari for expeditious consideration and passage. The bills were accompanied by a letter read at the start of the plenary on Thursday by Senate President, Ahmad Lawan. President Buhari in the letter dated April 12, 2022, said the […]

The Federal Ministry of Power on Thursday in Lagos unveiled 10 electric-powered motorcycles manufactured by MAX Nigeria under its Electric Vehicle opportunities in rural and peri-urban communities in Nigeria. The pilot project was funded by the European Union and the German Federal Ministry for Economic Cooperation and Development, within the framework of the Nigerian Energy […]

The Federal High Court in Abuja on Thursday dismissed a suit seeking to declare the seat of Cross River State Governor Ben Ayade vacant. Justice Taiwo Taiwo cited the judgment of the Court of Appeal in Enugu that defection is not a ground for removal from office. The Justice noted that the removal of a […]

Justice Inyang Ekwo of a Federal High Court sitting in Abuja has struck out the application for stay of execution on its judgment that sacked Ebonyi State governor, Dave Umahi and his deputy, Kelechi Igwe, from office. Justice Ekwo had on March 8 sacked Umahi and his deputy for defecting from the Peoples Democracy Party […]

Air Peace Airline, Arik Air, Ibom Air and others airlines are expected to delay or cancel some of their flights from today, as Jet A1, popularly known as aviation fuel skyrockets, hitting N599/litre. This was confirmed from a tweet issued by Air Peace and information from some sources in the industry. According to Air Peace, […]

The launch of Africa’s first digital currency, eNaira, has cast some doubt on West Africa’s single currency. According to the Economic Community of West African States, the introduction of the Eco, a new currency for the entire area, would help remove trade and monetary barriers, promote economic activity, and enhance living standards in the community […]

The Federal Government through the office of the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, said a court has granted the FG’s request to label bandits groups as terrorist organisations. This was disclosed in a statement by Dr Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney […]

The details of the meeting of Governors of the ruling All Progressives Congress (APC)  have emerged. The APC governors had met behind closed doors at the Kebbi State Governor’s lodge in Abuja on Sunday night. The meeting was reportedly held to sort the crisis rocking the party ahead of its forthcoming National Convention. Speaking to reporters after […]

Nigerian Breweries Plc, the most capitalized brewery quoted on the exchange, witnessed a depreciation in share price by 286 basis points to close at N51.00 per share, taking the market capitalization from N419.84 billion to N407.84 billion. The brewery today, recorded a loss in share price which can be attributed to investors’ negative sentiment which […]


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