News
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The guys are talented. We need to work on them – Police PRO says as he shares photos of confiscated locally made guns
The spokesperson of the Nigeria Police Force, ACP Olumuyiwa Adejobi, has reacted to the quality of locally made guns that were recently discovered in a gun factory in Jos, Plateau state. In a statement earlier released, Adejobi said the police recently uncovered a factory in Kuru, Jos, Plateau state where…
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Submit returns or face sanctions, CBN warns mortgage banks, others
The Central Bank of Nigeria has warned all primary mortgage banks in the country regarding the timely submission of regulatory returns. This was as it also issued a stern warning to Development Finance Institutions and Microfinance Banks. In a press release issued on its website dated March 5 with reference…
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Muslim-Muslim agenda alone can’t fix Nigeria’s problems — Shari’ah Council
THE Supreme Council for Shari’ah in Nigeria, SCSN, said yesterday that while the idea of a Muslim-Muslim agenda has gained ground in the country’s political discourse, it cannot resolve the multitude of challenges confronting Nigeria. President of the Council, Sheikh Abdurrasheed Hadiytullah, who stated this in his address at the…
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CBN printing of N22tn under Buhari fueled inflation –Edun
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has said the N22.7tn printed by the Central Bank of Nigeria through Ways and Means overdraft for the Federal Government from 2015 to 2023, under former President Muhammadu Buhari, threw the country into the current inflation. Edun, who made…
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Putting Tinubu’s sons before ministers on protocol list disturbing -Abati
Arise TV journalist and former media aide to the president, Reuben Abati, has questioned the occupation of President Bola Tinubu’s sons, Seyi and Yinka. Abati, who was a media aide to ex-President Goodluck Jonathan, expressed his view on Wednesday, on Arise TV’s “The Morning Show” which he co-anchors with fellow…
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Dangote names refinery road after Wigwe
Billionaire businessman, Aliko Dangote, has named the 120km road leading to his refinery in Lagos after the late Group Chief Executive Officer of Access Holdings, Herbert Wigwe, in recognition of his exceptional contributions to the project. The announcement was made on Monday during a special event held in honour of…
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Dangote Cement increases dividend by 50%, to N30 per share
Dangote Cement, Plc has proposed an increase in dividend payout to its shareholders, by 50% to N30 per share for the year ended December 31, 2023. The proposed increase in dividend is subject to ratification by the shareholders at its forthcoming Annual General Meeting, AGM. Proposing a dividend of N30…
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Hardship: Why S-East won’t join protests — Umahi
Former Ebonyi Governor and Minister of Works, Dave Umahi yesterday, said the people of the southeast have no reason to join other regions of the country to protest against the rising cost of living in the country. The minister spoke in his Uburu hometown, Ohaozara local government area of Ebonyi…
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Fuel subsidy removal: Nigeria has attracted over $30bn FDIs — FG
Despite the attendant economic hardship, the Federal Government has said that fuel subsidy removal has started yielding dividends, disclosing that over $30 billion foreign direct investments, FDI, had been attracted so far. Minister of Information and National Orientation, Mohammed Idris, said this over the weekend while chatting with the media…
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Tight security at NEMA stores as hoodlums loot FCT warehouses
The police have beefed up security at the warehouses belonging to the National Emergency Management Agency nationwide following the looting of food warehouses in the Federal Capital Territory, Abuja, on Sunday, by suspected hoodlums. This was as soldiers foiled an attempt to raid a factory warehouse at the Idu Industrial…