Author: Olabanji Ayoola

Nigeria’s inflation rate has risen from 33.88 percent in October to 34.60 percent in November. The National Bureau of Statistics (NBS) disclosed this in the November Consumer Price Index and Inflation (CPI) report released on Monday. According to the report, the increase in November was by 0.72 percent. The report showed an increase of 6.40 […]

The Federation Accounts Allocation Committee disbursed a total of N2.08tn in allocations to Local Government Councils between July and December 2024, findings by The Punch have shown. However, despite the July 2024 Supreme Court ruling granting full financial autonomy to Nigeria’s 774 Local Government Areas, it was learnt that the allocations were still paid to […]

The Presidency has slammed newly elected United Kingdom Conservative Party leader, Kemi Badenoch. According to the Presidency, her stories are “cock and bull story.” President Bola Tinubu’s Senior Special Assistant on Media and Publicity, Temitope Ajayi, insisted that Badenoch lied about her upbringing in Nigeria. Recall that in 2022, Badenoch accused Nigerian politicians of using […]

The ruling All Progressives Congress, on Sunday, said it was not threatened by the weekend visit of ex-presidential flag-bearer of the New Nigeria People’s Party, Senator Rabiu Kwankwaso, and former Cross River State governor, Donald Duke, to the Abeokuta, Ogun State home of ex-President Olusegun Obasanjo “to discuss the political future of Nigeria.” In the […]

The 16th Emir of Kano, Muhammadu Sanusi II, has expressed deep concern over the significant developmental gaps in Northern Nigeria, particularly in education and agriculture. He highlighted that these deficiencies have hindered the region’s progress and exacerbated its challenges. Sanusi made these remarks on Saturday in Jos, Plateau State, during an event commemorating the 50th […]

President Bola Tinubu on Monday presided over the National Defense Council meeting, where he approved the new Harmonized Terms and Conditions of Service (HTACOS) for officers and enlisted personnel in the Nigerian Armed Forces. The approval, disclosed by the Special Assistant to the President on Social Media, Dada Olusegun, signifies a major step towards improving […]

Ongoing operations against illegal oil bunkering in the Niger Delta Region (NDR) have yielded significant results. Confirming the report, Acting Deputy Director, 6 Division Army Public Relations Lieut. Col. Danjuma Jonah Danjuma said between December 9 and 15, 2024, troops dismantled 42 illegal refining sites, arrested 29 suspected oil thieves, and seized 197,000 litres of […]

President Bola Tinubu has urged West African leaders to draw inspiration from Ghana’s recent “peaceful” elections as a model of democratic maturity and commitment to national unity. He made the call while speaking at the opening of the 66th Ordinary Session of ECOWAS in Abuja on Sunday, December 15, 2024. Tinubu, who is ECOWAS leader, […]

Despite economic hardship and suffering, some state governors have yet to reduce the cost of governance, particularly in the number of vehicles in their convoys, findings by Punch have shown. The governors, who are the major beneficiaries of the fuel subsidy removal which resulted in more revenues from federal allocations, have yet to adjust their […]