Friday, December 27, 2024

News

Wike calls on regional councils to establish monitoring groups in Abuja

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has called on traditional rulers and regional council chairmen in the territory to help address insecurity in the country's capital. Wike made the call during a meeting with FCT area...

Ndume failures plan to move CBN departments and FAAN headquarters to Lagos

Senate Chief Ali Ndume says relocation of some departments of the Central Bank of Nigeria and the headquarters of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos State was influenced by “political cartels” within the government...

Lagos is ready to strengthen ties with the US

The Governor of Lagos State, Babajide Sanwo-Olu, has received the United States Secretary of State, Anthony Blinken, at the Presidential Wing of the Murtala Muhammed International Airport in Lagos. Governor Sanwo-Olu made this known through his official name X on...

Sanwo-Olu leaves work and secretly attends a multimillion-dollar party in Granada

Governor Babajide Sanwo-Olu of Lagos returned to Nigeria on Wednesday morning after spending days partying on the Caribbean island of Grenada in commemoration of the 50th birthday anniversary of Abuja-based businesswoman and socialite, Aisha Achimugu. Sanwo-Olu flew on a private...

Attacks continue in Plateau community despite curfew

Residents of Mangu Local Government Area of ​​Plateau State said they were attacked on Wednesday morning as gunmen continued to wreak havoc despite the 24-hour curfew imposed by the state government on Tuesday. Caleb Mutfwang, the state governor, imposed a...

Ondo gets new deputy governor

Ondo State Governor Lucky Aiyedatiwa has appointed Olayide Adelami as his deputy. The nomination followed the dissolution of the state cabinet on Wednesday. Adelami, former Deputy Secretary of the National Assembly, is from Owo, the same hometown of the late Governor...

Bonus: Tea causes ‘rift’ between UK and US

The recipe for how to make the best tea has led to banter between two Western allies, the United States and the United Kingdom. This is due to a claim by an American scientist, Michelle Francl, a chemistry professor at...

Naira is currently undervalued – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has described the Nigerian currency as “undervalued”. Cardoso stated this Wednesday at the launch of the Nigerian Economic Summit Group (NESG) Macroeconomic Outlook Report 2024. “We believe that the naira is...

Nigeria’s GDP to grow 3.5% in 2024: NESG

The Nigerian Economic Summit Group (NESG) on Wednesday said Nigeria's Gross Domestic Product will grow by 3.50 percent in 2024. The group made the forecast in its macroeconomic outlook report for 2024, titled “Economic Transformation Roadmap: Medium-Term Policy Priorities”, launched...

The presidency explains the transfer of the FAAN and CBN department to Lagos

We have observed how miscreants, bent on fueling unnecessary ethnic distrust, have deliberately misinterpreted the decision of the Central Bank of Nigeria to relocate its Banking Supervision Department to Lagos and the directive of the Ministry of Aviation and...

Latest News

Vitafoam proposes N1.4 billion dividend as net assets reach N25 billion

Vitafoam Nigeria PLC proposed a dividend of N1.05 per share, amounting to N1.375 million, for approval by shareholders at...