Recent falling oil prices are delaying a deal by Nigeria and Saudi Arabian oil company, Aramco, as both parties struggle to reach an agreement on a record $5 billion oil-backed loan. Banks that were expected to back the deal, four sources told Reuters, are raising concerns over the current situation of the oil market, the…
The Minister of the Federal Capital Territory, Nyesom Wike, has announced the renaming of the Abuja International Conference Centre as the Bola Ahmed Tinubu International Conference Centre. This came as President Tinubu reopened the renovated facility on Tuesday and directed all Ministries, Departments, and Agencies to pay for its use to ensure its upkeep and…
The battle for the soul of the Peoples Democratic Party has reportedly pitted the Oyo State Governor, Seyi Makinde, against the Federal Capital Territory Minister, Mr Nyesom Wike. The two political gladiators used to be good friends and played a key role in the victory of President Bola Tinubu in 2023, following their resolve to…
The Abuja Division of the Court of Appeal has struck out two motions filed by the President of the Senate, Godswill Akpabio, in an appeal over the suspension of Kogi Central Senator, Natasha Akpoti-Uduaghan, from the Senate. In striking out the motions, the appellate court, presided over by Justice Hamman Barka, also awarded the sum…
Crypto Bridge Exchange (CBEX), a Ponzi scheme that disappeared with subscribers’ funds earlier in the year, restored depositors’ balance on Tuesday amidst intensified investigation by the Nigerian authorities. The Wyre recalls that the Economic and Financial Crimes Commission (EFCC) launched investigations into the disappearance of deposits by Nigerians with a pledge to recover the losses….
An All Progressives Congress chieftain, Jesutega Onokpasa, is dead. The lawyer and prominent political commentator died on Monday. Announcing his demise on his X account on Tuesday, a pro-APC crusader, Okezie Atani, said the prominent political commentator was survived by his wife and children. He wrote, “We lost Barr. Jesutega Onokpasa, may his soul rest…
Former Delta State Governor, Ifeanyi Okowa, has revealed that ex-Vice President Atiku Abubakar is preparing to leave the Peoples Democratic Party ahead of the 2027 elections. Recall that Atiku was the PDP’s presidential candidate in the 2023 election, with Okowa as his running mate. On March 20, 2023, the PDP presidential candidate, Atiku, Labour Party’s…
Legendary Juju musician, King Sunny Ade, has dismissed widespread speculations about his safety and whereabouts, declaring on Tuesday that he was neither missing nor kidnapped. The music icon made this known in a live video shared by one of his wives, Mrs. Bose Olubo-Adegeye, following a social media storm ignited by his daughter, Damilola Adeniyi-Adegeye….
The United Nations Children’s Fund has said Nigeria bears the highest global burden of unvaccinated children, with over two million children yet to receive a single dose of any routine vaccine. UNICEF Health Officer, Bashir Elegbede, made this known on Tuesday at a one-day media dialogue to commemorate the 2025 World Immunisation Day in Damaturu,…
The World Bank has projected that poverty in Nigeria will increase by 3.6 percentage points over the next five years, rising through 2027.This is according to the Bank’s Africa’s Pulse report, released during the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington, DC.The report paints a troubling outlook…
