The Federal Executive Council (FEC) has approved the issuance of a N758 billion bond to offset outstanding pension liabilities for all categories of federal pensioners.The approval granted yesterday, on the second day of the FEC meeting at State House, Abuja, will allow the Debt Management Office (DMO) to raise funds needed to settle pension arrears…
Nigerian Afrobeats singer, Tems won her first individual Grammy award on Sunday at the 67th Recording Academy Awards with her love track, Love Me Jeje. Tems beats her Nigerian Afrobeats compatriots, Burna Boy, Asake, Wizkid, Yemi Alade and the Davido and Lojay assisted ‘Sensational’ by Chris Brown to win the second Grammy in the Best…
The Peoples Democratic Party, PDP, Governors Forum rose from its first 2025 monthly meeting held in Asaba, Delta State capital, on Friday, with a resolution backing the judgment of the Court of Appeal, which pronounced the former National Youth Leader of the party, Hon. S.K.E Udeh-Okoye, as the authentic National Secretary of the PDP and…
The Nigeria Labour Congress on Wednesday declared it would embark on a nationwide protest against the proposed 50 per cent telecom tariff hike announced by the Nigerian Communications Commission on February 4 in a communiqué signed by its National President, Joe Ajaero. The decision was taken at the National Administrative Council meeting of the NLC…
A two-storey building under construction has reportedly collapsed in the Ikota area of Ajah, Lagos, resulting in yet-to-be-determined deaths. The incident occurred at Mega Mall Estate, Mobile Road, Inikpa Villa, Ikota. The National Emergency Management Agency confirmed the collapse, with the Lagos Office Coordinator, Ibrahim Farinloye, stating that the cause remains unknown. “Information indicates that…
Following the intervention of the Ooni of Ife, Oba AdeyeyeOgunwusi, the Ewi of Ado-Ekiti, Oba Rufus Adejugbe, and other prominent traditional rulers, the founder of AfeBabalola University, Ado-Ekiti (ABUAD), AfeBabalola (SAN), has dropped his criminal suits against human rights activist, Dele Farotimi. Babalola disclosed this at a press conference jointly addressed by himself and Ogunwusi…
Mudashiru Obasa, impeached speaker of the Lagos state house of assembly, says it is not a sin to nurse a governorship ambition. Obasa spoke on Saturday while fielding questions from journalists at the speaker’s lodge in Ikeja, the state capital, hours after his return to the country. In 2024, Obasa said past governors of Lagos…
The Nigerian Communications Commission (NCC) has approved the request by telecom operators for tariff adjustments in the telecoms industry.The approval, which is a 50 percent hike in telecoms tariff, is coming when different telecoms subscribers’ groups are kicking against any tariff hike that will further impoverish telecoms subscribers, especially small business owners whose offices and…
Dangote Petroleum Refinery said the recent adjustment in its ex-depot price of Premium Motor Spirit (petrol) is directly related to the significant increase in global crude oil prices. The ex-depot price of petrol has been adjusted from N899.50 to N950 per litre, marking a 5% increase. However, Dangote Refinery emphasised that this increase is notably…
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations. Last year, the bloc added Iran, Egypt, Ethiopia and the United Arab…
