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Today News

06

Transcorp Power grows revenue by 142% to N135.4 billion in H1 2024

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Transcorp Power Plc (Transcorp Power), one of the power subsidiaries of Transcorp Group reported a total revenue of N135.4 billion

01

Proposed 5% levy could force companies to flee Nigeria – Afrexim Bank

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The proposed 5 percent tax on companies earning over N100 million for community development projects could result in the exits

Friday, Jul 26

00

Hunger protest: Prepare for situation that may unfold in Lagos – Doherty

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Funso Doherty, a former gubernatorial candidate in Lagos State, has highlighted the imminent threat of nationwide protests set to commence

Naira falls to 4-month low, defies CBN’s interventions

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Nigeria’s naira has plummeted to a four-month low despite efforts made by the Central Bank of Nigeria to make it

UBA freezes account of protest organisers as DSS intensifies efforts to stop demonstration

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The United Bank for Africa (UBA) has come under fire for freezing the account of the Take It Back Movement

20

Hardship protest: APC youth leader Isreal calls for patience, says Tinubu addressing grievance

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Dayo Isreal, the National youth leader of the ruling All Progressives Congress (APC) has said that President Bola Tinubu was

17

Wigwe University appoints Al-Akaidi as acting vice-chancellor

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The board of trustees and governing council of Wigwe University has approved the appointment of Marwan Al-Akaidi as the..

Cross River assembly approves Gov. Otu’s request to dissolve state electoral commission

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The Cross River State House of Assembly has granted Governor Bassey Otu’s request to dissolve the Cross River State Independent

Protesters likely to clash with security personnel; stock up food, other essentials – Report

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There is a high potential for clashes between protesters and security personnel as security forces prepare to prevent the escalation

Nigerian military says protesters aim to replicate Kenya’s unrest

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The Defence Headquarters (DHQ) has said it will not allow violent protests as the nation braces for a nationwide demonstration

15

AFS moves to tackle Africa’s rising food insecurity

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To curb rising food insecurity in Africa, the Africa Food Systems (AFS) is set to convene 5,000 world leaders, innovators,

PCN seals 571 pharmacies, medicine shops in Bauchi

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The Pharmacy Council of Nigeria, PCN, on Thursday, said that it has sealed over five hundred and seventy-one (571) premises in Bauchi State.

TwinsFaja unveils mentorship program to empower small businesses

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TwinsFaja Group of Companies has launched its inaugural mentorship program to empower career drive individuals and operators of small businesses.

14

Mining communities demand 5% share of resources, separate from 13% state allocation

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Mining communities on the platform of the Federation of Nigerian Mining Host Communities and its Civil Society Partners have called

13

Airfares to rise again as NAMA to increase plane charges by 800%

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The Nigerian Airspace Management Agency will raise en-route navigational charges from N2000 and N6,000 to N18,000 and N54,000 per flight.

BVN enrollments surge to 62.7m on central bank directive

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Enrollment for Bank Verification Number (BVN) by bank account owners surged to 62.7 million as of July, according to the

Obamas endorse Kamala Harris in her bid to become president

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Former President Barack Obama and former first lady Michelle Obama have endorsed Kamala Harris in her White House bid. Their

Pan-Atlantic University Press and CORA partner to launch book reading series

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Pan-Atlantic University (PAU) Press has partnered with the Committee for Relevant Arts (CORA) to initiate a quarterly book reading and

Food security efforts fall short as millions of Nigerians face protein deficiency

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Nigerians are facing a critical protein energy shortage despite significant spending on food security and nutrition programmes. There seems to

12

CAC grants over 90,000 dormant companies 90 days to file returns or face delisting

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….to delist Chisco Transport, others The Corporate Affairs Commission (CAC) has given over 90,000 dormant companies a 90-day grace period

INEC has capacity to conduct LG elections, Yakubu tells NASS

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Mahmoud Yakubu, Chairman of the Independent National Electoral Commission (INEC) has said the electoral body has the capacity to conduct

ECOWAS youth council appoints Ebubedike youth ambassador

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The Economic Community of West African States, (ECOWAS), has appointed Dike Chuks Ebubedike as youth ambassador and presented him with

Dabiri-Erewa says Nigerians abroad remitted $99bn in 5 years

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Abike Dabiri-Erewa, Chairperson and CEO of the Nigerians in Diaspora Commission (NiDCOM) has said that Nigerians in the Diaspora remitted

Tinubu says Nigeria’s economy on path of recovery

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… Promises to meet citizens’ needs President Bola Tinubu says the nation’s economy is on a gradual but steady path

11

Tinubu, Southern govs mourn wuanyanwu, Ohanaeze leader

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President Bola Tinubu has extended his heartfelt commiserations to the family of Emmanuel Iwuanyanwu, who passed away on Thursday. The

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Why 10 million Nigerians in diaspora may vote in 2027

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By 2027, Nigerians outside of the country may be able to vote during the election from wherever they are, Tajudeen

DSS warns against plans to hijack planned protests

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The Department of State Services (DSS) has issued a warning regarding planned protests scheduled across the country in the coming

Tinubu to protest planners: Don’t turn Nigeria to Sudan

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President Bola Tinubu has warned organisers of the August 1 nationwide protests against proceeding as “we do not want to

06

Nigeria targets $500m from diaspora in August

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…Edun says Nigeria’s macroeconomic environment now stable Wale Edun, minister of finance and coordinating minister of the economy, says the

Dangote-NNPC rift: Petrol imports from Malta hit $2bn

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…Up 43 times in 10 years …Rise by over $1.9bn after five years of lull The value of Nigeria’s petroleum