Naira battles fresh threat, falls below N1,200/$ at parallel market

• Testing new lows at NAFEM as dealers trade with caution Naira may be facing its first major test a few days into the year after a stretched session of slow slide at the unofficial market that ushered it into the year. At the pseudo pro- market Nigerian Autonomous Foreign Exchange Market (NAFEM) the local […]

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NUC lists 58 illegal degree-awarding varsities in Nigeria

The National Universities Commission (NUC) has listed 58 illegal universities operating in Nigeria. They include those claiming to be affiliates of foreign universities in the country. Also, nine degree mills are currently undergoing further investigations and/or court actions. The development followed the suspension of degree certificates from two Francophone West African countries after an undercover […]

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Afenifere Secretary-General Ebiseni joins Ondo governorship race

By Banji Ayoola The Secretary-General of the pan Yoruba socio-political organisation, Afenifere, Chief Sola Ebiseni has said that the forthcoming governorship election in Ondo State would be a decisive turning point for the state. While formally declaring his intention to contest the election, scheduled by the Independent National Electoral Commission, INEC, to hold on November […]

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Third Mainland Bridge repairs resume Jan 9 – Lagos

Lagos State Government has said the Third Mainland Bridge will be closed on Tuesday, January 9, for repairs. The bridge, which was closed to traffic in November 2023, was reopened on December 21 to ease traffic during the Yuletide period. The state Commissioner for Transportation, Mr Oluwaseun Osiyemi, in a statement said the closure was […]

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Fubara, Wike tango with Yuletide rice in Rivers

The political crisis in Rivers State experienced a lull going into the Yuletide, but there are important takeaways. There is no gainsaying the fact that the intervention of President Bola Ahmed Tinubu in the feud between the governor of Rivers State, Siminalayi Fubara, and his estranged political godfather and Minister of the Federal Capital Territory, […]

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2024: Tinubu’s economic plans need modification

IT’S been a gloomy new year for most Nigerians. Chiefly, the cost-of-living crisis has pushed millions to the edge of privation, preventing them from celebrating the traditional festive season. The months-long nationwide cash shortage aggravated the economic hardship. Businesses are not exempted from the headwind, as operational costs spike out of control. President Bola Tinubu […]

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Yoruba actor, Olofa Ina, dies

Popular Yoruba filmmaker and actor, Chief Adedeji Aderemi, popularly known as Olofa Ina is dead. The 73-year-old actor, in his lifetime, was well known in the contemporary Yoruba theatre industry. The news of his death was announced by fellow actor, Saidi Balogun, via his Instagram handle (@SaidiBalogun), on Thursday night. He posted Olofa Ina’s picture […]

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Plateau killings: Northern governors hail Tinubu’s intervention

The Northern Governors’ Forum on Thursday said it is pleased with President Bola Tinubu’s intervention to prevent a recurrence of the killings in Plateau and Kaduna states. The chairman of the Forum, Governor Inuwa Yahaya of Gombe State, also thanked the administration for providing support and relief materials to the survivors and families of the […]

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Refineries: NNPC’s wobbly gyrations

EXPECTATIONS that the Port Harcourt Refinery Company would come on stream by December, as promised by the Federal Government, have again been dashed. The Minister of State for Petroleum Resources, Heineken Lokpobiri, had indicated the “mechanical completion” of repairs and promised that the refinery would resume operations by the end of the year, but this […]

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Food insecurity is real

MANY Nigerians are set to feel the pinch of hunger more badly in 2024. This is the projection of the World Bank, confirming the privation Nigerians have been undergoing because of the depressed economy. The December 2023 report predicted that “persistent insecurity, armed conflict, and deteriorating livelihoods will continue to affect local government areas in […]

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