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Tuesday, Jul 2

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Osun court sentences five to death for killing Fulani cow seller

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An Osun State High Court Sitting in Ede and presided by Honorable Justice Kudirat Akano, on Tuesday, convicted and sentenced five men to death for kidnap and murder of one Alhaji Ibrahim Adamu, a Fulani man, who traded in cow at Owode-Ede,…

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South East govs host Obasanjo, to visit Tinubu for Kanu’s release

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Governors of the South East geopolitical zone under the umbrella of South East Governors Forum, on Tuesday, hosted former president Olusegun Obasanjo; the Obi of Onitsha, Igwe Alfred Nnaemeka and elder statesman, Emeka Anyaoku in Enugu to…

BREAKING: S/East governors move to secure Nnamdi Kanu’s release

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Efforts to secure the release of the incarcerated leader of Indigenous People of Biafra (IPOB) received a boost Tuesday, with the South-East governors announced that they will interface with the Federal Government to that effect.. This…

NNPCL declares state of emergency on crude oil production

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The Nigerian National Petroleum Company Limited (NNPCL), has declared a state of emergency on crude oil production, the Group Chief Executive Office, Mele Kyari, has disclosed. Kyari was delivering a keynote address on Tuesday at the…

21

You need to work together, Peter Obi tells South East governors

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Peter Obi, the Labour Party Presidential candidate in 2023, has reiterated his call for South East Governors to collaborate, emphasizing that such unity is crucial for the region’s development. Obi made this statement at Jesuit College in…

19

JUST IN: CBN to sanction banks rejecting old, lower dollar denominations

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The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks rejecting old and lower dollar denominations. In a circular issued by the Acting Director of Currency Operations Department of CBN, with reference: COD/DIR/INT/CIR…

16

Abia shifts date for tricycle, Okada ban by one month

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Abia state government on Monday extended the proposed enforcement of restriction on operations of tricycles and motorcycles in Aba and Umuahia from the July 1 deadline to August 1 2024. The one month grace period is to enable government…

15

Sen. Oyewumi’s performance a threat to APC in Osun West district – Aide

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Senate Deputy Minority Leader, Senator Olalere Oyewumi’s outstanding performance is a threat to the All Progressives Congress in Osun West Senatorial District. This is according to Comrade Samakin Abdul-Jeleel Abiodun, Senator Oyewumi’s…

14

South East govs, other stakeholders meet behind closed door in Enugu

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Governors of the South East geopolitical zone, and other stakeholders, including the Obi of Onitsha, Igwe Alfred Achebe, on Tuesday, arrived at the Government House, Enugu, for a crucial meeting. The News Agency of Nigeria (NAN) reports…

Viral video of Sen. Oyewumi on 2023 polls blown out of proportion – Media Aide

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Mr. Adeolu Ajayi, the media consultant to Senator Olalere Oyewumi has dismissed suggestions that his principal engaged in vote-buying during the 2023 election, noting that a viral video being circulated to that effect was blown out of…

FG exempts SMEs, farmers, manufacturers from withholding tax

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Nigeria’s Federal Government has approved the exemption of small and medium scale enterprises, farmers and manufacturers rom paying withholding tax. This according to the government, is a way of reducing the tax burden on businesses. The…

13

Julius Berger inaugurates Vocational Support Programme

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The inaugural edition of Julius Berger Vocational Support Programme kicked off Monday with the company’s Director, Administration, Alh. Dr Abdulaziz Kaita assuring fresh trainees that it has always been an excited partner in progress with…

5,000 followers is minimum requirement as Facebook monetizes Nigerian creators

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Facebook parent company, Meta has announced that content creators in Nigeria and Ghana with 5,000 followers and above will start earning money on Facebook from July 1, 2024. This as it introduced two monetisation features, comprising In…

Obasanjo didn’t remove me from office as senate president – Wabara

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Adolphus Wabara, former Senate President, has said ex-President Olusegun Obasanjo did not remove him from office as senate president, as according to him, he resigned himself. It’s been widely believed that Obasanjo forced Wabara out of…

11

Alison-Madueke begs court to stop estranged wife, Diezani from using his name

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Admiral Alison Madueke, a former Chief of Naval Staff, has filed a petition in the Lagos State High Court, asking for a legal declaration to end his marriage to Diezani and requesting that she stop using his last name. The former Naval…

10

Stock market gains N178bn in one week, returns 0.32% WtD

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The Nigerian stock market last week closed on a bullish note, occasioned by growth in the share price of SEPLAT and other 47 stocks. The All Share Index and Market Capitalisation grew by 0.32% week on week to 100,057.49 points and N56.602…

Ecobank launches Super Rewards ‘Millionaire Geng Promo’

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Ecobank Nigeria launches Super Rewards ‘Millionaire Geng Promo’ to reward over 500 customers for loyalty. Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group, has unveiled a deposit mobilisation…

Price Performance of Stocks in Half Year 2024

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The Nigerian stock market in the first half of the year 2024 closed on a bullish note with 33.81% growth despite the tough economic realities in the country. The year started on a tough note as prices of food, products and services kept…

PwC Nigeria admits three new partners

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PwC Nigeria has announced the admission of three new partners effective, 1 July 2024.T hose admitted include Marilyn Obaisa-Osula (Consulting & Risk Services), Taiwo Oyaniran (Assurance), and Tim Siloma (Tax & Regulatory Services). This…

09

Abia automobile assembling plant commences production in October

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ROXETTES Motors, promoters of the second indigenous Motor Assembling plant after ANAMCO in Anambra state, has said the plant would commence operation in Obuaku city industrial layout, in Ukwa-west Local Government of Abia state by October…

Monday, Jul 1

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NAF says Unmanned Aerial Vehicle, not helicopter crashed in Kaduna

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The Nigerian Air Force (NAF) has explained that it was a Unmanned Aerial Vehicle and not a helicopter that crashed in Kaduna. Reports had emerged that NAF helicopter crashed in the early hours of Monday in Tami village, located in the…

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Rivers govt to hold local govt elections October 5

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The Rivers State Independent Electoral Commission (RSIEC), says it will hold local government elections on October 5. The Commission, on Monday, released its guidelines in view of the conduct of the council elections in the state. Recall…

Three budgets, N1trn palliative deepen policy chaos

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The plan by the Federal Government to extend the lifespan of the 2023 Appropriation Act and Supplementary Appropriation Act till December 31 alongside the 2024 Appropriation Act is raising concerns, with experts pointing out contradictions…

Again, Julius Berger bags double honours

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…Bags Appreciation Award from Academy of Engineering and NIPR’s Excellence in Professional Compliance Award Less than a month after it won double Awards at the Transport Day and Champion Newspapers Awards ceremonies in Lagos, the country’s…

Nigeria under-declaring crude oil figures – BH investigation

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…as OPEC, oil traders dispute NNPCL’s figures Nigeria’s actual crude oil production figures are far above the official figures declared monthly by the supervising ministry and the two agencies saddled with the task of overseeing the…

Davido, Chioma’s wedlock last week takes the act to new level

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Nigerian music maestro, David Adeleke, alias Davido, last week achieved a major milestone in life when he tied the nuptial knots with his long-time lover and mother of his children, Chioma Rowland, on Tuesday, June 25, at the Habour Point…

14

Southern Govs Agenda: An initiative for restructuring

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The latest edition of the Southern governors forum held recently seems to have opened the debate for restructuring, as the resolutions adopted at the end of the meeting have continued to generate interest rates n different parts of the…

Agora report: FG, States clash over high cost of revenue collection

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…Govs move to cut FIRS, NCS, NUPRC’s commissions Governors of the 36 states of the federation under the umbrella body of Nigeria Governors Forum (NGF) have started a move to stop the current practice of rewarding some federal agencies with…

Strategic Appointments: President Tinubu shares Nigeria to S/West, N/West

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Nigeria’s president, Bola Tinubu, a fortnight ago, approved the appointment of Katsina State born Tanimu Yakubu as the Director-General of the Budget Office of the Federation, following the expiration of the tenure of Mr. Ben Akabueze.…

12

Anxiety as lawyers commence politicking for NBA presidency

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As the July 20, 2024 election date for the 32nd President of the Nigerian Bar Association draws near, anxiety has heightened in the legal community over who becomes the next NBA president. The tenure of Mr. Yakubu Maikyaku (SAN), the…