Finance Minister Wale Edun has highlighted that only around 5% of Nigerians possess more than N500,000 in their bank accounts. Speaking in an interview with Channels TV, Edun emphasized that recent government reforms aim to address economic disparities that have favored a small elite group over the majority of citizens in the past eight…
Following a public hearing on the ban of spirits and alcoholic beverages in sachets and pet bottles, the House of Representatives Committee on the National Agency on Food, Drugs Administration and Control (NAFDAC) has directed the suspension of the ban. Chairperson of the Committee, Rep. Regina Akume, emphasized the importance of taking proper steps before…
The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has urged the Nigeria Labour Congress (NLC) to halt its planned nationwide protest, describing it as “contempt of court”. In response to the economic challenges confronting the nation, the NLC announced a nationwide protest slated for February 27 and 28. This decision…
Boko Haram insurgents have once again wreaked havoc by destroying two critical 330KVA power transmission towers in Yobe state, leaving residents in both Yobe and Borno states without electricity. According to the command’s spokesperson, Dungus Abdulkarim, the transmission towers, crucial for supplying electricity from Gombe to Yobe and Borno, fell victim to the attackers’ explosives…
The Qatari government has turned down a request from Nigerian President Bola Tinubu to visit the country for a business and investment meeting, citing the absence of a legally binding agreement between the two nations for investment promotion. In a letter addressed to Nigeria’s Ministry of Foreign Affairs, Qatari authorities expressed regret that they would…
President Bola Tinubu has called for the suspension of economic sanctions imposed on Niger, Mali, Burkina Faso, and Guinea by ECOWAS. Speaking at the Extra-ordinary Summit of ECOWAS in Abuja on Saturday, President Tinubu, who is the Chairman of the Authority of Heads of State and Government of the organization, stated that: “Everything we…
Gunmen, operating along the Sultan Abubakar III International Airport road in Sokoto, have reportedly abducted three individuals after fatally shooting an operative of the National Drugs Law Enforcement Agency (NDLEA). According to an eyewitness, Muhammad Baba Usman, whose son was among the captives, the gunmen attacked around 9:30 pm on Thursday, February 22.…
Wilson Fittipaldi Jr, aged 80, has passed away after being hospitalized following a choking incident while having his Christmas dinner. The former Formula 1 driver and team owner choked on a piece of meat during the December festivities, leading to a cardiac arrest. Despite being resuscitated at the hospital, he succumbed to the resulting illness.…
Prime Minister Benjamin Netanyahu has unveiled Israel’s post-conflict plans for Gaza, presenting a formal proposal to his war cabinet that diverges from the objectives outlined by the US. The one-page document, released by his office overnight, does not incorporate any role for the Palestinian Authority, the West Bank-based opponents of Hamas favored by the US…
Two suspects were arraigned before the Kaima High Court in Yenagoa on Friday, February 23, over allegations of conspiracy and attempted kidnapping of Mr. Ebi Ayama, popularly known as Americana and the brother of Bayelsa State Governor Douye Diri. The accused individuals, identified as Lucky Oghenebrume, 53, and Omobowho Okpowodo, 52, were apprehended by the…
