•Naira depreciates by 5.4% to N808.27/$ at NAFEM •Gains in banking stocks lift market turnover by N24b Inflation rate is projected to increase by 83 basis points (bps) year-on-year (y/y) to 27.54 in October. The figure would represent a 1.9 per cent rise when compared to 26.72 per cent recorded in September. According to Cordros […]
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The Federal Government of Nigeria on Monday finally emerged victorious in its legal case against Process & Industrial Developments (P&ID) Limited in a United Kingdom (UK) court. After over five years of legal fireworks, judgement was delivered in favour of Nigeria, which has now halted the enforcement of the $11 billion arbitration award which was […]
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The Supreme Court on Monday struck out the appeal made by the Allied Peoples Movement (APM) in a bid to nullify the election of Bola Ahmed Tinubu as president. The APM had approached the Supreme Court to nullify the judgement of the Presidential Election Petition Tribunal (PEPT), which on September 6 upheld the declaration of […]
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Did you know that one of the world’s first coins had a bee symbol? Did you know that honey contains live enzymes? Did you know that in contact with a metal spoon, these enzymes die? The best way to eat honey is with a wooden spoon; if you can’t find one, use a plastic spoon. […]
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By Victor Bassey Earthly life! It comes with a series of ups and downs. Today you find yourself being able to pay your bills with a joyful and glowing face, only to wake up tomorrow and find that a difficult task and then next tomorrow again, the joys return. And the experience continues In all […]
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The Court of Appeal in Abuja, on Sunday, October 22, 2023, nullified the election of the Senate Minority Leader, Senator Simon Mwadkwon, in the February 25 senatorial election in the Plateau North Senatorial District. A three-man appeal panel of the Court ordered the Independent National Electoral Commission (INEC) to conduct a fresh election in the […]
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Gumi Federal Capital Territory Minister, Nyesom Wike, has explained that his meeting with the Israeli Ambassador to Nigeria, Michael Freeman, was basically to promote Agriculture in the nation’s capital. The former Rivers state governor made this known after he was accused by Shehu Ahmed Gumi, an Islamic cleric, that the minister was planning to bring […]
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Ekiti State Governor, Biodun Oyebanji, formally rounded off the weeklong celebration marking his one year in office on Saturday with an interactive session with elderly citizens in the state. During the ceremony, held in Ado Ekiti, the governor assured that his government will continue to accord senior citizens the deserved respect and initiate programmes that […]
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The first year anniversary celebration of Ekiti State Governor Biodun Oyebanji ended on Sunday with an uncommon political development, as three former governors of the state supported the celebrant for his second term bid. The ex-governors including Adeniyi Adebayo, Ayodele Fayose, and Kayode Fayemi unanimously endorsed Oyebanji for a second term in office based on […]
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A former Presidential Aspirant on the platform of the People’s Democratic Party, PDP, Dr Nwachukwu Anakwenze, has hailed the ongoing moves to persuade former Senate President, Dr Bukola Saraki to lead the party as its next National Chairman. In a statement by his Director General, Eric Oluwole, Anakwenze described Saraki as eminently qualified to lead […]
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