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The National and State House of Assembly Election Tribunal sitting in Dutse, Jigawa State, declared the election into the Birnin Kudu/Buji Federal Constituency as inconclusive. The petition, filed by Hon Magaji Dau Aliyu of the All Progressives Congress (APC) against Adamu Yakubu of the Peoples Democratic Party (PDP), brought to light significant irregularities in the […]

An Abuja-based fashion designer, Mubarak Usman, who was allegedly shot in the leg by an operative of the Department of State Services (DSS) in the Garki area of the city has recounted the ordeal that nearly ended his life. Following Thursday’s shooting incident at Garki Market, Abuja, Usman, has revealed that a woman who came […]

Nigerian music megastar, David Adeleke popularly known as Davido has revealed that he now charges $600, 000 (N466. 5m) per show. The multiple award winner further stated that he only accepts four gigs per month as not everyone can afford his fee. The Unavailable singer further noted that he hardly makes any business decisions without […]

Wale Edun, minister of finance and coordinating minister of the economy, has assured investors that the government is working to expunge macroeconomic impediments to the stability of the exchange rate and inflation in the country. Speaking on the sidelines of the Group 20 (G20) summit in India on Sunday, Edun expressed Nigeria’s perspective and commitment […]

Market Capitalisation Rises to N37.30trn as NGX Rallies As a result of sustained rallies, the Nigerian Exchange (NGX) market capitalisation rose to N37.30 trillion on Friday amidst trading activities closing positive. The market rallied following strong positioning in the banking and consumer goods sector. Barging hunting across these two key market indices pushed the Nigerian […]

AfDB to Insure African Farmers Against Climate Change Risks The African Development Bank (AfDB) has unveiled a plan to insure African farmers against climate change risk amidst growing pressure, according to the group. AfDB unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) to insulate countries in the region against catastrophic weather-related events. The […]

Reps Direct NNPC, NIMASA, NIWA CEOs to Appear Before Committee The House of Representatives ad hoc committee investigating crude oil theft has insisted on the appearance of the Group Chief Executive Officer of Nigeria National Petroleum Company Ltd (NNPC) and others before the committee. They include the Nigeria Maritime Administration and Safety Agency (NIMASA) and […]

“I have the Right to Choose my Replacement at Senate”- Umahi The Minister of Works, Chief David Umahi, has declared that he has the right to decide his replacement as the senator representing Ebonyi south district under the All Progressives Congress (APC). Umahi left the Senate after being appointed the country’s minister of works by […]

Keyamo Sets up Taskforce to Relocate Airlines to MMIA Terminal 2 Mr Festus Keyamo, Minister of Aviation and Aerospace Development, has set up a taskforce to resolve the challenges faced by airlines in relocating to the Terminal 2 of the Murtala Muhammad Airport. Mr Oluseyi Odutayo, Head, Press and Public Affairs, Ministry of Aviation and […]

Cross River Govt Secures $15m Oil Palm Investment Gov. Bassey Otu of Cross River says his administration has secured a private sector investment of 15 million dollars for the Ayip Eku Oil Palm Estate in Akamkpa Local Government Area of the state. Otu said this when he spoke in Calabar at a media pally to […]

Insurgency Inflicts $9bn Damages in North-East — Shettima The Vice President, Kashim Shettima, on Saturday in Maiduguri lamented that Boko Haram insurgency had inflicted damages in the North-East, to the tune of $9billion. The Director, Information, Office of the Vice President, Mr Olusola Abiola, in a statement, said Shettima stated this while inaugurating the distribution […]

Unity Bank Grows Earnings to N27.5bn in Six Months Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’22 in its Half-Year unaudited financial statement submitted to the Nigeria Exchange Group Limited. According to a statement, the growth in deposits demonstrates […]