Author: Olabanji Ayoola

The United Nations warned Wednesday that the ongoing crisis in Niger could significantly worsen food insecurity in the impoverished country, urging humanitarian exemptions to sanctions and border closures to avert catastrophe. The UN humanitarian agency OCHA highlighted that even before Niger’s democratically elected president Mohamed Bazoum was toppled in a coup late last month, the […]

President Bola Tinubu has assigned portfolios to the ministerial nominees recently cleared for appointment by the Senate of the National Assembly. Appointing the portfolios, he named former Nyesom Wike as Minister of the Federal Capital Territory (FCT). Other portfolios as released by the President on Wednesday are as follows: Ministers of Defence Mohammed Badaru, Housing […]

President Bola Tinubu has assigned the portfolios to his ministers-designate. He appoints former Rivers and Ebonyi State Governors Nyesom Wike and Dave Umahi ministers of FCT and Minister of Works, respectively. Following is the list of the ministers-designate and their beats: Minister of Communications, Innovation and Digital Economy – Bosun Tijani, Minister of State, Environment […]

Nyesom Wike – FCT Minister Festus Keyamo – Minister of Aviation Adebayo Adelabu- Minister of Power Adegboyega Oyetola – Minister of Transportation Dele Alake – Minister of Solid Minerals Muhammed Idris – Minister of Information Mohammed Badaru- Minister of Defence Minister of State, Defence – Bello Mattawale Minister of Finance and Coordinating Minister of the […]

The Federal Government has filed an application before a Federal High Court, Lagos, seeking to withdraw the firearm charge against former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. At the last proceedings, Justice Nicholas Oweibo, who is sitting as a vacation judge, fixed yesterday for a hearing of the applications filed by both parties […]

The Nigerian National Petroleum Company Limited (NNPC Ltd) has secured an emergency $ 3 billion crude oil repayment loan which is aimed at stabilising the naira. NNPC Limited in a statement on Wednesday said it secured the crude-for-cash funding from African Export-Import (AFRIEXIM) Bank headquarters in Cairo, Egypt. The oil-for-cash loan is meant to be […]

Oyo State Governor Seyi Makinde has advocated a single-term tenure for political office holders. This is contained in a statement issued on Wednesday in Ibadan by the Chief Press Secretary to the Governor, Mr Sulaimon Olanrewaju. According to the statement, Makinde stated this at a dinner in honour of the National Executive of the Pentecostal […]

ECOWAS defence chiefs The military chiefs of the Economic Community of West African States (ECOWAS) will meet on Thursday and Friday in Accra, Ghana amid tensions over a possible military intervention in Niger, according to Ghana’s army spokesman. Member states had initially mulled a military intervention against those who carried out Niger’s coup, and the […]

• Investors urge govt to grant moratorium to sector The harsh operating environment has triggered a downturn in the performance of the local manufacturing industry as companies under the sector recorded an average of 351 percent decline in profitability in the first half (H1) of the year due to high operating expenses (OPEX). Worried by […]