Rivers police free APC lawyers, Cole vows to recover withheld documents

The Rivers State Police Command has freed three lawyers of the All Progressives Congress after arresting them in a hotel room on Friday night, where they were said to be working on the election petitions of the APC governorship candidate, Tonye Cole, to be filed at the tribunal. Late Saturday, however, the Rivers State chapter […]

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External reserves fall by $1.46bn in two months- CBN

CBN Governor, Mr. Godwin Emefiele The country’s external reserves fell by $1.46bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The reserves ended February 27, 2023, at $36.67bn. Figures obtained from the CBN’s data on the movement of external reserves on Sunday showed that the reserves, which stood at […]

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Airfares hike blamed on rising aviation fuel price, forex scarcity

Minister of Aviation, Hadi Sirika, during a State House Briefing in Aso Villa on Thursday The high cost of aviation fuel has been a major issue for airlines, constituting a substantial part of their operating costs. Funmi Fabunmi writes about how exorbitant aviation fuel prices have made affordable airfares elusive. The rising cost of aviation […]

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Delta, Akwa Ibom, Rivers lead as states share N9.3tn in three years

The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December 2022, a period of 43 months, which formed the bulk of the second tenure of the President Muhammadu Buhari administration. Data sourced from 43 monthly reports of the Federation Accounts Allocation Committee, as released by the […]

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Lady found dead in room, boyfriend held

Family members of a 22-year-old former student of Moshood Abiola Polytechnic, Abeokuta, Kabirat Sobola, who was allegedly stabbed to death in the Ogun State capital are currently demanding justice. The deceased, a National Diploma holder, was reportedly murdered in her room in Abeokuta on Friday, February 4, 2023. It was gathered that the incident has […]

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Tinubu to decide subsidy removal date after inauguration

The All Progressives Congress Presidential Campaign Council has said the incoming administration of Asiwaju Bola Tinubu will decide the date the fuel subsidy will be removed. Though the administration of President Muhammadu Buhari said the subsidy policy would end by June when the budget for the initiative would lapse, the Chief Spokesperson for the All […]

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Chinese loans rise by 209% under Buhari, hit $4bn

Federal Government’s borrowing from China has grown by 209.15 percent under the President Muhammadu Buhari administration. This is as total bilateral loans rose by 219.91 percent from $1.58bn as of June 2015 to $5.07bn as of December 2022. Total borrowing from China rose from $1.39bn to $4.29bn in the period under review. Available data from […]

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Controversy surrounds Obi, Oyedepo’s phone conversation

Controversy has continued to trail the telephone conversation between the presidential candidate of the Labour Party, Peter Obi, and the Founder of the Living Faith Church Worldwide, aka Winners’ Chapel, Bishop David Oyedepo. Obi was heard in the audio clip which went viral on Saturday asking Oyedepo to help spread his message to Christians in […]

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End of tenure: Buhari, Osinbajo, 28 governors, ministers to begin asset declaration

Outgoing public office holders must declare assets by May 29 – CCB official President-elect, Tinubu, Shettima, 28 incoming govs get CCB form this month President Muhammadu Buhari, Vice President Yemi Osinbajo, and the 44 ministers in the Federal Executive Council will soon start declaring their assets ahead of May 29 when their tenure will end. […]

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