Senate Moves To Probe Buhari’s ₦30trn Ways And Means Spending
There was a mild drama yesterday as the Nigerian Senate resolved to revisit the issue of the ₦30 trillion Ways and Means it approved for the Federal Government under former President Muhammadu Buhari, the details of which it said were never provided for scrutiny. The Red Chamber of the National Assembly specifically alleged that reckless […]
We Have No Plans Of Putting Nuclear Weapons In Space – Putin
The President of Russia, Vladimir Putin has announced that Moscow has no intention of deploying nuclear weapons in space, claiming that the country has only developed space capabilities similar to those of the US. Africa Today News, New York reports that Putin’s statement is coming on the heels of the claim of by the White House […]
LP State Chairmen Back Abure, Deny Plot To Suspend Obi
The 36 State Chairmen of the Labour Party including FCT, have reacted to the wisdespread speculations that they were making deft political moves to suspend the party leader and Presidential candidate in the 2023 general elections, Mr. Peter Obi. They described the speculation as the handiwork of detractors. The state chairmen said this during a […]
US Moves To Slam Sanctions On Russia Over Navalny’s Death
The government of the United States has concluded plans announce fresh sanctions on Russia before the end of the week over the death in prison of opposition leader Alexei Navalny, as a string of European governments summoned Russian diplomats. The principal political rival of Russian President Vladimir Putin passed away in his prison colony on […]
Tinubu Goes In Search Of $10bn To Save Tumbling Naira
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market after the naira fell to an all-time low of 1,850 per dollar at the parallel market on Tuesday. President Bola Tinubu, who was represented by Vice President Kashim Shettima at the inaugural Public Wealth Management Conference in Abuja […]
Guinea’s Government Disbanded As Military Assumes Control
After more than two years of military rule, Guinea’s armed forces have declared the disbandment of the interim government, paving the way for the establishment of a new administration in the West African country. In a late-night video statement on Monday, military leaders declared that directors of cabinets, secretary generals, and their deputies would assume […]
Russian Pilot Who Defected To Ukraine Killed In Spain
Authorities in Spain are investigating the discovery of a deceased man, believed to be the Russian helicopter pilot who made headlines last year for defecting to Ukraine, with gunshot wounds. The daring act of Maxim Kuzminov, who piloted a helicopter into Ukrainian territory and turned himself in, captured global attention in August. Nevertheless, Spanish authorities […]
$340m Win Dispute: American Sues Lottery Company
John Cheeks, a resident of Washington DC, has initiated legal proceedings against both Powerball and the DC Lottery. Cheeks’ hopes soared when he thought he’d hit a $340 million (£270 million) jackpot, only to have Powerball and the DC Lottery retract their announcement, saying his numbers had been mistakenly published. Powerball, a popular American lottery […]
NB CEO: Beer Becoming Unaffordable For Many Nigerians
Hans Essaadi, CEO of Nigerian Breweries Plc, underscored the gravity of Nigeria’s economic woes, noting that purchasing beer has become a luxury beyond the reach of most citizens. Essaadi made this statement during Monday’s investor call, which took place after the company unveiled its 2023 financial results. ‘It has been unprecedented year for our business […]
₦95bn Stolen Crude Seized By Navy In 10 Months – Commander
The Eastern Naval Command of the Nigerian Navy has disclosed that its operations conducted from April 2023 to February 2024 have contributed to saving the nation a substantial ₦95 billion. Rear Admiral Olusola Oluwagbire revealed this information in Calabar on Monday during a parade commemorating the conclusion of his tenure as the Flag Officer Commanding, […]
Quarantine Service Targets Food Smugglers, Hoarders
In a bid to combat the activities of hoarders and smugglers dealing in food items and agricultural produce, the Nigeria Agricultural Quarantine Service announced on Monday its decision to bolster security by deploying more officers to oversee operations at the nation’s land and sea borders. This decision by the Nigeria Agricultural Quarantine Service underscores its […]
NBS Findings: 92% Of Nigerian Workers In Informal Employment
The National Bureau of Statistics (NBS) released a survey revealing that as of the third quarter of 2023 (Q3’23), approximately 92.3 percent of employees in Nigeria were part of the informal workforce. Titled “Labour Force Statistics,” the survey report, which came out yesterday, shed light on another significant finding: 12.3 percent of the Nigerian population […]