Author: Olabanji Ayoola

The Minister of the Federal Capital Territory, Nyesom Wike, has vowed not to allow anyone to take over the Peoples Democratic Party structure in Rivers State. The former Rivers State Governor vowed to cause a political crisis in their states if any PDP governor tried interfering in the party’s affairs in the South-South state. PDP […]

A magistrate court in Kano has remanded Muktar Dahiru, a journalist, for allegedly making a Facebook post considered “insulting” to the state governor, Abba Yusuf, Dahiru, who works with Pyramid FM Kano, a radio station managed by the Federal Radio Corporation of Nigeria (FRCN), was arrested Thursday over the post. According to Premium Times, the […]

The Naira lost N30 and N28.48 at the parallel and official foreign exchange market last week amid the Central Bank of Nigeria Retail Dutch Auction System. This comes as the Naira depreciated to N1645 against the dollar on Friday compared to the N1615 exchange rate recorded last week on Friday, 23 August 2024. Similarly, FMDQ […]

Amid prolonged delays in the appointment of ambassadors to oversee Nigeria’s diplomatic missions, the Federal Government disbursed an approximate sum of N14bn to no fewer than 16 foreign missions in July 2024, findings by Saturday Ponch have revealed. Nigeria has 109 missions: 76 embassies, 22 high commissions, and 11 consulates globally. Recall that on September […]

The presidency has given more details about Nigeria’s debt condition under the administration of President Bola Tinubu. It explained that, contrary to some reports that Nigeria’s debt stock increased, it decreased by 15% in dollar terms in Q1 2024. It added that the government is able and committed to repaying its debt. The explanation was […]

The President of Nigeria Labour Congress, NLC, Joe Ajaero has described the treasonable felony and other allegations against him, his invitation and interrogation by the police as a distraction, and baseless. He spoke as details of his interrogation yesterday by the police over alleged criminal conspiracy, terrorism financing, treasonable felony, subversion, and cybercrime by the […]

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with the matter said Friday. The cuts will affect two units specialising in exploration and development of hydrocarbon extraction projects, with their workforces set to be […]

The Police Service Commission (PSC) has approved the promotion of eight Commissioners of Police to the next rank of Assistant Inspectors General of Police. The promotion of the senior officers were part of the 684 who were elevated to their next ranks within the force. According to a statement on Friday by the PSC’s Head […]