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Equities Investors Lose N34bn to Selling Rallies on NGX The Nigerian Exchange (NGX) was down by more than N34 billion on Wednesday due to selling rallies in the local bourse. The market reversed the positive trend to close negative as the market weighed the monetary authority’s decision to suspend its bi-monthly policy meeting for November […]

FAAC: FG, States, LGCs Share N906bn in October The Federation Account Allocation Committee (FAAC), on Wednesday, shared the sum of N906.955 billion among the three tiers of government as federation allocation for the month of October. This is contained in a communique issued in Abuja after the FAAC retreat and meeting in Asaba. The communique […]

Gov. Idris Presents N250.1bn 2024 Budget to Legislative Gov. Nasir Idris of Kebbi, on Wednesday, presented a budget proposal of N250.1 billion for the 2024 fiscal year to the state House of Assembly. Presenting the budget, Idris, said that out of the amount N90.6 billion was earmarked for recurrent expenditure while N159.4 billion was for […]

Agency Banking Contributes N7tn Annually in Transaction Value – Lawmaker The Deputy Senate President, Sen. Barau Jibrin says agency banking contributes seven trillion Naira annually in transaction value. Jibrin said this on Wednesday in Abuja at the 7th Annual Conference of Association of Mobile Money and Bank Agents in Nigeria (AMMBAN). Speaking at the conference […]

EU Allocates €1M for Fight Against Diphtheria Outbreak in Nigeria The European Union (EU) Delegation to Nigeria and ECOWAS on Tuesday allocated the sum of one million euros (N847 million) for the fight against diphtheria outbreak in the Northeast and Northwest region of Nigeria. The bloc, in a bid to respond to the outbreak of […]

Gombe Govt. Signs N12bn Contract for Erosion Control The Gombe State government has signed a N12 billion contract with Triacta Nigeria Limited for a 21-kilometre gully erosion control works in six communities within Gombe metropolis. The contract signing ceremony, which took place in Gombe on Wednesday between the state government and Triacta, was witnessed by […]

Petrol Price Increased to N630.63 in October- NBS The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023. It made the declaration in its Petrol Price Watch for October 2023 released in Abuja on Wednesday. It stated that […]

*Says No Credible Judiciary Will Produce Confusing CTC A former Chairman of the National Human Rights Commission, Prof Chidi Odinkalu, has knocked the judiciary for producing a “confusing” Certified True Copy (CTC) of an appellate court judgement on the Kano State governorship election. Speaking Wednesday on Channels TV, Odinkalu said no credible court would produce […]

The New Nigeria People’s Party (NNPP) has called on the National Judicial Council (NJC) to unravel the mystery and contradictions trailing the Certified True Copy (CTC) of the Appeal Court judgment delivered by a three-man panel led by Justices Moore Adumien on November 17, 2023 in the appeal no CA/KN/EP/GOV/KAN/34/2023. The court had upheld the […]Read More

The Minister of Interior, Hon. (Dr.) Olubunmi Tunji-Ojo, has said the Federal Government is ready to expel officers abusing their powers by locking up people without a detention warrant. The Minister disclosed this on Tuesday in Abuja during his presentation at the International Donor Round Table on Correctional Service Reform organized by the United Nations […]

The Senate at plenary on Wednesday unanimously agreed to probe the $500 million contract for the installation of the Close Circuit Television (CCTV) camera awarded in 2015 but allegedly poorly implemented. The resolution of the Senate was sequel to the adoption of a motion moved as a point of order by Senator Ned Nwoko on […]

Kano State has been engulfed in a wave of protests in the wake of an Appeal Court decision to remove Governor Abba Yusuf from office. As reported by Channels TV, policemen were seen dispersing protesters in the Dan Agundi area of the state on Wednesday. This development is coming after a Certified True Copy of […]