Friday, 20th December 2024
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Ekpo Nta

27 Sep
Nigeria’s above-$42 billion debt burden may worsen as the Federal Government commits a whopping N4 trillion yearly to workers’ payments when the new minimum wage gets underway.

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The European Union said on Monday it was taking Britain to the bloc's top court for infringing rules on the free movement of EU citizens and investment treaties. The two cases brought before the European Court of Justice stem from before Brexit and the transition period that followed. In the first case, the European Commission…
4 mins ago
FGN Power Company (FGNPC), in collaboration with Siemens Energy, on Friday commissioned two 63MVA, 132/33KV Mobile Substations at the University of Ibadan, Ibadan, and Saapade in Ogun. The Minister of Power, Adebayo Adelabu, while commissioning the substations, said the project was a testament to the government’s commitment to delivering reliable and sustainable power to all…
11 mins ago
Swedish police said Friday a man had been shot dead in a car park in the city of Norrkoping, with media identifying the victim as the rapper Gaboro, who reportedly had links to criminal gangs. A video purporting to show the killing quickly spread on social networks. In the video, seemingly filmed with a camera…
15 mins ago
The Coordinator of the Obidient Movement globally has announced that former presidential candidate and movement leader, Peter Obi, has offered to fulfill the bail conditions for human rights lawyer Dele Farotimi. This comes after a Federal High Court granted Farotimi a ₦30 million bail following charges filed against him. Farotimi, known for his outspoken criticism…
21 mins ago
The United Nations Convention Against Corruption (UNCAC) has faulted Nigeria’s progress in establishing anti-corruption laws and policies, describing it as weak when juxtaposed with UNCAC Chapters II (Preventive Measures) and V (Asset Recovery). UNCAC came to the conclusion following a report authored by the Center for Fiscal Transparency and Public Integrity (CeFTPI), which shows that…
24 mins ago
Bureau de Change operators in Nigeria have been granted temporary permission to purchase up to $25,000 weekly in foreign exchange from the Nigerian Foreign Exchange Market by the Central Bank of Nigeria (CBN). This will take effect from December 19, 2024, to January 30, 2025. The CBN announced this in a circular published by the…
28 mins ago
An Osogbo Magistrates’ Court sitting in Ile-Ife on Friday remanded three men, Wasiu Ayantunde, Adewale Ademola, and Biodun Afolabi, to a correctional centre for alleged possession of illicit drugs. Ayantunde, 50, Ademola, 40, Afolabi, 23, are facing trial on a three-count charge of conspiracy, unlawful possession and conduct likely to cause breach of peace. The…
33 mins ago
The Director-General of the National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, says Nigeria spends approximately
40 mins ago
A shipment of 11,200 doses of Mpox vaccine, donated by the United States of America and facilitated by Gavi, the Vaccine Alliance, is set to arrive in Abuja, Nigeria, today. This delivery follows agreements signed in November by Gavi to facilitate the donation of 305,000 doses of Mpox vaccine to support global and continental response…
44 mins ago
Three policemen and a female suspect were on Friday killed in an accident that occurred in Ore, Odigbo Local Council Area of Ondo State. With the identities of the victims yet to be known as of press time, the police officers, who were part of the monitoring unit of the police command in the state,…