A former House of Representatives member, Hon. Sylvester Ogbaga has resigned from the Peoples Democratic Party, PDP. Ogbaga represented Abakiliki/lzzi federal constituency of Ebonyi State from 1999 to 2023. He announced this in a…
A new poll by Quinnipiac University released Wednesday indicates that President Joe Biden’s slight lead over former President Donald Trump is vanishing. This happened despite Trump’s ongoing criminal trial in New York City. Fox News…
Good morning! Here is today’s summary from Nigerian Newspapers: 1. There appears to be no end to the political spat in Rivers State as two redeployed commissioners — Prof. Zacchaeus Adangor and Isaac Kamalu turned in their resignation…
The Naira has failed to appreciate against the US dollar at the foreign exchange market despite the Central Bank of Nigeria’s recent additional release of $10,000 to Bureau De change operators. FMDQ data showed that the Naira recorded…
The Peoples Democratic Party, PDP, has said its governorship primary election in Ondo State will be held on Thursday. The party’s National Working Committee, NWC, also named a seven-man committee for the primary election. A statement by…
Nigerian leaders on Wednesday in Abuja canvassed for the enthronement of an effective justice sector that would guarantee quality and speedy dispensation of justice in the country. Leaders who spoke at the opening of a two-day National…
The Kaduna State House of Assembly has written to the state’s Ministry of Finance, demanding details of financial transactions under former governor Nasir El-Rufai’s administration between 2015 and 2023. DAILYPOST recalls that Governor Uba…
The Economic and Financial Crimes Commission (EFCC) has served former Kogi State Governor Yahaya Bello with charges over alleged N80.2 billion. EFCC said the charges were served to Bello through his counsel, Abdulwahab Muhammad (SAN) after…
The Economic and Financial Crimes Commission, EFCC, handed 14 recovered assets over to Governor Peter Mba of Enugu State. The Chairman of the commission, Ola Olukoyede, during the handing over ceremony held at the EFCC Headquarters, Jabi,…
The Federal Government of Nigeria has expressed its plans to tackle poverty and insecurity through financial inclusion of all Nigerians. Deputy Chief of Staff to the President, Ibrahim Hadejia, made this disclosure at a news conference in…
Multichoice Nigeria, owners of Nigerian pay television, DStv and GOtv, have announced a price increase for its packages. According to a notice to customers on Wednesday, the firm said the new prices take effect from May 1, 2024 The south…
The Ekiti State Government has described the official transfer of regulatory oversight by the Nigerian Electricity Regulatory Commission (NERC) to the Ekiti Electricity Regulatory Bureau (EERB) as a remarkable milestone that would reduce…
President Bola Tinubu has approved the commencement of the N100 billion Consumer Credit Scheme for Nigerians amid escalating economic hardship in the country. Ajuri Ngelale, the President’s spokesperson, disclosed this in a statement on…
The PWAN Group Real Estate and Investment offers Nigerians, irrespective of educational background or location, the opportunity to be their own boss. With a low startup capital, you can make a good return and also become a landlord. Below…
United States prosecutors in a court filing on Tuesday said the founder of Binance, the world’s largest cryptocurrency exchange, Changpeng Zhao, should serve 36 months in prison. According to Reuters, the development came after Zhao…
Representatives of the Olu of Warri, on Tuesday called on President Bola Tinubu to declare a state of emergency in Itsekiri oil producing communities. This is as a result of the alleged marginalization and neglect by the Nigerian National…
The Association of Bureau De Change Operators of Nigeria, ABCON, has blamed peer-to-peer cryptocurrency platforms like Binance for the recent depreciation of the Naira against the Dollar in the foreign exchange market. The National…
The National Working Committee, NWC, of the Peoples Democratic Party, PDP, has resolved to find a political solution to the controversy that erupted as a result of the Rivers State Caretaker Committee list. A statement signed by the…
The Central Bank of Nigeria says a notice circulating on social media about the risk of cryptocurrency is fake news. The Apex disclosed this via its official X account, urging the public to disregard the purported notice for all Deposits…
Commissioner for Justice and Attorney-General of Rivers State, Zacchaeus Adangor has rejected his redeployment as Commissioner for Special Duties. Zacchaeus also tendered his resignation from the state executive council. DAILY POST recalls…
I am of Chinese descent, yes, my ancestors came from China, and they have left China since my great-grandfather’s generation. My impression of my hometown, as described by the older generation, seems to contradict the portrayal often…
Dangote Petroleum Refinery said its N940 per litre diesel price cut is only applicable to customers buying five million litres and above. The Head of Communication, Mr Anthony Chiejina made the clarification in a statement on Tuesday,…
Nigeria’s e-payment transactions surged to N234 trillion in the first quarter of 2024. Nigeria Inter-Bank Settlement System, NIBSS, disclosed this in its latest data. This marked an 89.3 per cent increase from the N123.8 trillion recorded…
Trading activities on the floor of the Nigerian stock market declined on Tuesday, making investors lose N200 billion amid the recent Naira depreciation against the Dollar at the foreign exchange market. Accordingly, the market…
The Kaduna Internal Revenue Service, KADIRS, said it sealed the United Bank for Africa branches in the state metropolis over alleged N14.3 million in unpaid taxes. According to NAN, Hajiya Aysha Ahmad, the KADIRS Board Secretary/Legal…
Yobe State governor, Mai Mala Buni has tasked the Agro-Climatic Resilience in Semi-Arid Landscapes, (ACReSAL), a World Bank programme, to complement government efforts in providing solutions to mitigate the anticipated flood this rainy…
Members of the Judiciary Staff Union of Nigeria, JUSUN, in Ogun State have suspended their indefinite strike which began on April 8. The union announced this on Monday via a statement issued in Abeokuta by its Publicity Secretary, Mr…
Nigerian Government aims to attract about $10 billion worth of investment by signing the consolidated guidelines for implementing Fiscal Incentives for the Oil & Gas Sector. A statement on Tuesday by the Ministry of Finance explained that…
Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Economic and Financial Crimes Commission, EFCC, may prosecute 300 forex racketeers trading on a peer-to-peer platform outside the financial regulations. EFCC Chairman,…
The Jigawa State House of Assembly has constituted an ad hoc committee to scrutinise the state’s electoral and local government laws. This followed a motion by Abubakar Kallo (who represents Hadejia Constituency), in response to a report…