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Lagos State Police Command on Monday, September 11, paraded 13 suspects for alleged impersonation, armed robbery, unlawful possession of substances and ammunition, stealing, cultism, rape, and other crimes. The command, recovered four firearms, two live cartridges, an expended cartridge, 11 live ammunition, one vehicle, two wrist-watches, six phones, variants of hard drugs, a police warrant […]

Aliko Dangote Celebrates African Young Global Leaders At the World Economic Forum Annual Meeting 2011 in Davos, Switzerland, Aliko Dangote, President, and Chief Executive Officer of the Dangote Group, learned about the Forum of Young Global Leaders (YGLs) and the tremendous potential of this unique World Economic Forum community to develop the next generation of […]

FOREX: ABCON Seeks Autonomy to Digitise Operation The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the CBN to democratise and centralise the operation of its members by granting them autonomy to go digital. ABCON President, Alhaji Aminu Gwadabe, said this in an interview with the News Agency of Nigeria (NAN) on […]

Nigeria Inflation Rate to Run ‘Amok’ in 2023 –Analysts The worsening price level is far from receding, Nigeria’s headline inflation rate is expected to run amok in the financial year 2023, as analysts’ consensus shows the running consumer price index is just gathering momentum. A growing number of Broadstreet analysts are projecting that inflation will […]

Fitch Affirms FBNH, First Bank Ratings with Stable Outlook Fitch Ratings has affirmed FBN Holdings Plc’s (FBNH) and First Bank of Nigeria Ltd.’s (FBN) Long-Term Issuer Default Ratings (IDRs) at ‘B-‘ with a stable outlook. The financial services group ratings affirmation came on its strong funding profile, healthy profit water down by rising stage loans […]

Doomsday for FX Speculators on Naira Surprise Rebound NAIRA EXCHANGE RATE: Doomsday lay ahead for FX speculators in the market as the Naira made a surprise rebound over an expectation that the apex bank’s forex backlog clearing will trigger an improved supply into the Investors and Exporters window. The Nigerian naira clinches its longest rally, […]

Daniel Bwala, lawyer and spokesperson for PDP’s Atiku Abubakar, mocked the Tribunal ruling equating Abuja to other states by joking that natives are demanding a governor after the verdict. In a tweet, Bwala commented “Following the Presidential Election Petition Court’s judgment which states to the effect that Abuja is just like any other state; I […]

By Kenneth Okonkwo The Presidential Election Petition Court’s judgment on the petitions of the Allied People’s Movement (APM), Labour Party (LP) and the People’s Democratic Party (PDP) was delivered on the 6th of September, 2023 at Abuja. The truth about this judgment is that implicitly the three petitions were actually struck out and declared dead […]

The National and State Election Petition Tribunal sitting in Makurdi has affirmed the election of Senator Abba Morro, of the Peoples Democratic Party (PDP), representing, the Benue South Senatorial zone, otherwise known as Zone C. The All Progressive Congress (APC) candidate, Comrade Daniel Onjeh, who was not satisfied with the Independent National Election Commission (INEC) […]

As the candidates of the Peoples Democratic Party (PDP), Labour Party (LP), and other parties prepare to challenge the outcome of the 2023 general election at the Supreme Court, the Catholic Bishops Conference of Nigeria (CBCN) has asked the apex court not to seek to satisfy the whims and caprices of any political party nor […]

Olufunke Daniel, wife of the former Ogun State Governor, Senator Gbenga Daniel, has tackled Governor Dapo Abiodun over demolition of her 5-storey plaza in Ijebu-Ode, describing the act as executive recklessness. Recall that the state government commenced demolition of the 5-storey DATKEM plaza in Ijebu-Ode, in the early hours of Sunday. Daniel, who represents Ogun […]

Renowned activist Aisha Yesufu has rejected the Presidential Election Petition Tribunal’s judgment upholding Bola Tinubu’s victory, alleging the results were rigged. Speaking during a TV program on Saturday, Yesufu, co-founder of #BringBackOurGirls, said she would never accept Tinubu as president because “he rigged his way to be declared the winner.” She criticized the tribunal’s ruling […]