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Nigerian Breweries Denies Plan to Hike Price Nigerian Breweries Plc (NB) has denied the alleged plan to raise beer prices after the company announced a significant earnings loss in the first half of 2023. Media outlets reported early today that the local breweries giant has announced a plan to increase the price of all their […]

Naira Devaluation Deepens Economic Crisis in Nigeria The Central Bank of Nigeria(CBN) recent naira devaluation has deepened the economic crisis in Africa’s largest economy by the size of its gross domestic product (GDP). Analysts are projecting the economic balance will shrink in 2023, sustaining its downward trend seen last year. Among other headwinds, the sudden […]

Niger Republic is heavily dependent on Nigeria for most of its electricity supplies. A number of cities in the Niger Republic are currently experiencing prolonged blackouts after Nigeria cut its power supply to the neighbouring West African country. According to Nigelec, an electricity company in Niger, the development followed an emergency meeting by the Economic […]

The Delta State Police Command on Tuesday said the suspect responsible for the killing of a two-year-old boy, Ivan Omhonrina, two weeks ago, had been arrested. Recall that Omhonrina was killed by a stray bullet during an operation by officers of the National Drug Law Enforcement Agency at Okpanam in the Oshimili North Local Government […]

Nigeria’s Chief of Defence Staff, General Christopher Gwabim Musa has told the Chiefs of Defence Staff of 13 ECOWAS Countries that their military working as a united front, must face the challenges of restoring democratic governance in Niger head-on” adding, “The recent coup d’etat in the Republic of Niger is one event that calls for […]

The immediate past Chairman of the House of Representatives Committee on Judiciary, Hon Onofiok Luke, has stressed the need to appoint new justices to the Supreme Court to lessen its workload. This was as he mourned the demise of the Justice of the Supreme Court, Honourable Justice Centus Chima Nweze. Luke, the Founding Partner, Meliora […]

*We”Ll Take Decision On Suspension Of Strike At NEC Meeting Today-Ajaero President Bola Tinubu, on Wednesday night, assured the leaders of the organised labour that the Port Harcourt refinery will commence operations by December 2023. The organised labour revealed this in a statement on Wednesday night. The labour centers also noted that the president made […]

The Central Bank of Nigeria CBN, says it has little or no control over the price of either Premium Motor Spirit (PMS) or the dollar. A Principal Manager with the apex bank, Mr Osagie Clement, disclosed this when he appeared before the House of Representatives ad-hoc committee investigating the recent hike in the price of […]

The Federal Government on Wednesday filed a contempt proceeding against the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, for allegedly embarking on an industrial action contrary to a June 5, 2023, exparte order by the National Industrial Court, NIC. The “notice of consequences of disobedience to order of court” filed before NIC […]

*Offers Solutions As Potential Attorney General of the Federation *Says I Will Seek Merger Of EFCC, ICPC, Other Anti-Graft Agencies One of President Bola Ahmed Tinubu’s ministerial nominees, Lateef Fagbemi SAN, has expressed his intention to advocate for the merger of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other […]

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), Ikeja, on Wednesday, has disclosed that it intercepted military hardware’s heading to the South Eastern part of the country. Speaking to newsmen during a press conference in Lagos, the Ag. Controller Customs Area, FOU, Zone A, deputy Comptroller Hussein Ejibunu, stated that […]

Canadian Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau announced on Wednesday that they are separating after over 18 years of marriage. “Sophie and I would like to share the fact that after many meaningful and difficult conversations, we have made the decision to separate,” Trudeau said on Instagram. Sophie posted an almost […]