HomeNews

News

Court Orders Aisha Achimugu to Face EFCC Over $25.3 Million Oil Block Probe

KEY POINTS Aisha Achimugu faces court-ordered questioning by the EFCC over alleged money laundering linked to $25.3 million oil block acquisitions and 136 bank accounts. Investigations reveal funds were routed through bureau de change operators without legitimate documentation, while acquired oil blocks remain unexplored. ...

Court Sentences Gospel Singer Osinachi’s Husband to Death

KEY POINTS Peter Nwachukwu was sentenced to death for the homicide of gospel singer Osinachi, whose 2022 death exposed systemic domestic violence issues in Nigeria. The trial included testimony from the couple’s children and highlighted low prosecution rates for gender-based crimes despite existing laws. ...

Keep exploring

Five Nigerian Air Force Personnel Killed in Jos-Akwanga Road Crash

Five Nigerian Air Force personnel died in a collision on the Jos-Akwanga Expressway. The Air Force is supporting the victims’ families

Nigeria Bans Cooking Gas Exports to Curb Soaring Domestic Prices

The Nigerian government has announced a ban on cooking gas exports to stabilize domestic prices and increase local supply, effective November 1, 2024.

IMF Reduces Nigeria’s Growth Projection to 2.9-Percent Over Oil, Agriculture

The IMF has revised Nigeria's 2024 economic growth forecast to 2.9 percent, citing disruptions in agriculture and oil production caused by flooding and insecurity.

Moro Calls for Peace Amid Benue PDP Crisis

Senator Abba Moro calls for peace amid the Benue PDP crisis, urging party members to avoid divisive actions and focus on resolving internal conflicts.

Nigerians Face Higher Telecom Costs as FG Proposes 12.5-Percent Telecom Tax

The Nigerian government has proposed a 12.5% telecom tax, adding to the existing 7.5% VAT on telecom services, raising concerns about higher call and data costs.

Tinubu’s Cabinet Reshuffle Expected Soon After Policy Meeting

Tinubu’s cabinet reshuffle is expected soon after a key meeting with policy advisers

Dangote Refinery Seeks to Void NNPCL Import Licenses in Court

Dangote Refinery has filed a lawsuit seeking to nullify NNPCL's import licenses and is demanding N100 billion in damages, claiming the licenses undermine local production.

Major Health Benefits of Incorporating Fresh Milk into Your Nigerian Diet

Discover how adding fresh milk to your Nigerian diet can boost your bone health, aid in weight management, and improve digestion.

Nigeria’s Debt Crisis: A Growing Concern

Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?

DSS Replaces Tinubu’s Chief Security Officer With Rasheed Lawal

DSS replaces Tinubu’s chief security officer, Adegboyega Fasasi, with Rasheed Lawal. Fasasi steps down for professional training, Lawal takes over the key role

NASS Proposes Return of 5-Percent Duty on Telecom and Betting

The National Assembly has proposed reintroducing a 5% excise duty on telecom, betting, and gaming services under the Nigeria Tax Bill 2024, aiming to boost government revenue.

Cardoso Calls for Skilled Graduates to Strengthen Finance Sector

CBN Governor Olayemi Cardoso stresses the need for more skilled finance graduates to drive Nigeria’s economic growth, calling for enhanced collaboration with academic institutions.

Latest articles

Court Orders Aisha Achimugu to Face EFCC Over $25.3 Million Oil Block Probe

KEY POINTS Aisha Achimugu faces court-ordered questioning by the EFCC over alleged money laundering...

Court Sentences Gospel Singer Osinachi’s Husband to Death

KEY POINTS Peter Nwachukwu was sentenced to death for the homicide of gospel singer...

Natasha Apologizes to Akpabio Over Sexual Harassment Allegation

Natasha Akpoti-Uduaghan apologizes to Akpabio over sexual harassment allegation, veiling it in a sarcastic letter

Court Rules Out Naira Redesign Suit Against Buhari, Emefiele

A ₦1bn suit against Buhari and Emefiele over the naira redesign policy has been struck out after the plaintiff failed to appear in court.