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Tuesday, Jul 2

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CBN to sanction banks, BDCs, others over rejection of old dollar notes

The CBN will not hesitate to sanction any commercial bank or authorised forex dealer that refuses to accept old series or lower denominations of US Dollar bills from customers.

NNPC declares state of emergency on crude oil production

Mr Kyari said the move is towards increasing Nigeria’s crude oil production and growing its reserves

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Reason for hope in the midst of Gwoza bombing, By Mike Arnold

The latest Global Terror Index shows Nigeria has made unprecedented progress in addressing insecurity. Let us help democracy by not rewarding Boko Haram with doom-and-gloom media coverage of this latest episode… Rather, balance coverage of…

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AGF takes over prosecution of Polaris Bank, official for alleged N16.5bn fraud

The police accused Polaris Bank and one of its officers of fraudulently diverting over N16.5 billion from a customer's various accounts within nearly eight years.

DIA: Unveiling facts on Nigeria’s premier intelligence service, By Mukhtar Ya’u Madobi

…I believe the DIA is an invaluable asset to Nigeria, and it must be allowed to continue its vital work without unnecessary distractions. The country’s ongoing struggles with non-state actors require the unwavering support and…

Jigawa govt signs ₦6bn partnership with Bank of Industry

Mr Omar said the partnership with the Jigawa State government is the biggest ever MOU signed with any state government since the inception of the bank.

Reps probe CBN’s N1.12 trillion anchor borrowers scheme, NIRSAL’s N215 billion loan

The committees are to also investigate the handling of the N5 billion loan facility to the Bank of Agriculture (BOA) for livestock farmers across the country.

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Cholera: Death toll rises to 63 as 10 Nigerian states lead infection chart

Mr Idris added that about 90 per cent of the cases are recorded in 10 states of the federation, with seven of them in the southern region.

Reps probe Borno bombings as lawmaker blames security agencies, communities for incidents

The House mandated its Committee on National Security and Intelligence to investigate the attacks and report to it in two weeks.

How flooding can be controlled in Nigeria – Deputy Senate President

The deputy senate president called for a collaboration between NiMet, state and local government authorities to call the attention of the people against impending rainstorms.

UPDATED: South-east governors resolve to meet Tinubu over Nnamdi Kanu

Mr Kanu has been in detention since he was rearrested in June 2021 and brought back to Nigeria from Kenya under controversial circumstances.

Abuja Rail Mass Transit records 5,000 passengers daily – Wike

"As I speak to you today, we are recording not less than 4,000 to 5,000 passengers, who are using that train service to the various communities along the airport rail line."

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Gunmen abduct entrepreneur in Akwa Ibom

There has been an increase in abductions for ransom lately in Akwa Ibom, with some of them resulting in fatalities.

Reps urge FG to revoke East-West road contract

The lower chambers recommended that the contract be revoked and re-awarded to another company with the expertise and capacity to do the job.

Nigeria to host international conference for ‘eradication of colonialism’

The primary objectives of the conference are to make programmatic contributions towards achieving the UN’s subsisting declaration for the Eradication of Colonialism by 2030.

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Team Nigeria wrestlers set for pre-Olympic tournament in Spain

According to Igali, six wrestlers who will fly the nation’s flag at the 2024 Olympics in Paris, France have been unveiled by the federation.

Bill to create another South-east state emerges in Reps

Five members of the House from the South-east are requesting the creation of Etiti State from the five state that comprise the zone.

NCDMB unveils procedures for implementation of presidential directive on local content

The NCDMB Executive Secretary unveiled five focal areas for implementation of the policy initiative while speaking at the Nigerian Content Seminar, the opening day of the Nigerian Oil and Gas (NOG) Energy Conference, in Abuja.

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Lawmaker accuses deputy speaker of bias, stages walkout

Cyril Hart, a first-time lawmaker, accused Deputy Speaker Ben Kalu of giving preference to senior members of the House during debates.

Taskforce discovers styrofoam warehouse in Lagos market, seizes products

Mr Wahab said the owner of the confiscated products brought them to the market in the early hours of the day.

Hungarian PM Orbán visits Kyiv for first time since start of Ukraine war

In the past, Mr Orbán has delayed aid for Ukraine and has repeatedly tried to prevent sanctions from being opposed by the invading power Russia.

TRENDING: Nigerian prophet unveils miracle soap, perfume, spiritual shirt, mustard seed

The founder and head prophet of Christ Mercyland Deliverance Ministry (CMDM), has sparked debate online by launching a new line of faith-based merchandise.

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Obi Cubana, Quadrangle Media launch ‘Next Naija Couple’ reality show

It will feature 24 participants living together in a luxurious villa for eight weeks, starting 6 October.

The other side of the Kenyan tax riots, By Reuben Abati

The youths of Kenya have taught their leader a very strong lesson: that the people own the government, not the other way round. The usual tricks of divide-and-rule, through ethnicisation of all matters political, did not work this time…

Abiodun orders manhunt for kidnappers of Sagamu-Ijebu Ode highway travellers

While promising that the perpetrators would be smoked out and punished, Mr Abiodun said Ogun State will not be allowed to become a den for kidnappers.While promising that the perpetrators would be smoked out and punished, Mr Abiodun said…

TCN suspends planned power outage in Ondo, Ekiti – BEDC

According to BEDC Electricity Plc (BEDC), the outage was earlier scheduled for two months.

South-east governors, others in closed-door meeting

Although the reason for the meeting is unclear as of the time of filing this report, there are indications that it may be connected to the growing insecurity in the South-east and the continued detention of Nnamdi Kanu.

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Nigerian tea company protests alleged intimidation by multinational rival

Z&Y Black Tea accuses Promasidor Holdings of harassment of its workers over the similarity of trademarks.

Experts advocate implementation of local content law in Nigeria’s oil sector

The stakeholders made the call while speaking at the ongoing 2024 Nigeria Oil and Gas (NOG) Energy Week in Abuja on Monday.

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Nigerian govt overhauls Withholding Tax, grants exemptions to farmers, SMEs

Withholding Tax (WHT) serves as a prepayment of Income Tax, deducted at rates between 5 per cent and 10 per cent depending on the transaction