National News
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Old naira notes deadline is 2024, Reps fault Supreme court ruling
The house of representatives says the deadline for old naira notes to cease being legal tender is December 31, 2024. During plenary on Thursday, the lower legislative chamber asked the Central Bank of Nigeria (CBN) to sensitise Nigerians about the deadline and to order commercial banks to stop payment of old N200, N500 and N1,000 notes to customers. The green…
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JUST IN: Helicopter crashes in Port Harcourt
A chopper has crashed in Port Harcourt, the Rivers State capital, according to credible sources familiar with the incident. The Head Press and Public Relations, Ministry of Aviation and Aerospace Development,, Odutayo Oluseyi in a statement issued onbehalf of minister of aviation and aerospace development, Festus Keyamo, on the accident involving a helicopter in Port Harcourt, said “The Federal Ministry…
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Nigeria joins BRICS as partner nation, alongside 12 others
By Kunle Sanni Nigeria has officially joined the BRICS group as a partner nation, alongside 12 other countries, at the ongoing BRICS summit in Kazan, Russia, held from October 22 to 24, 2024. This move marks a significant step in strengthening Nigeria’s economic relations with the influential intergovernmental bloc. Nigeria’s inclusion comes amid a notable rise in foreign investments from…
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Ex-Minister Uju Kennedy thanks President Tinubu, Nigerians for support
Barrister Uju Kennedy Ohanenye, the former Minister of Women Affairs, has expressed her profound appreciation to President Bola Ahmed Tinubu for the opportunity to serve in his administration. In a letter on October 24, 2024, Ohanenye reflected on her time in office, calling it an honor to contribute to the development of the nation. “I write to express my sincere…
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NBS: 58% of Nigerian households connected to national grid
By Kunle Sanni The National Bureau of Statistics (NBS) has reported that 58 percent of Nigerian households are connected to the national electricity grid, according to its latest report, the Nigeria Residential Energy Demand Side Survey (NREDSS) 2024, released on Wednesday in Abuja. The survey, conducted across nine states—Akwa Ibom, Bauchi, Ekiti, Oyo, Enugu, Kwara, Plateau, Kano, and Sokoto—covered Nigeria’s…
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Nigeria among 11 African countries with worst governance decline in last decade — Report
Nigeria is one of 11 African countries experiencing the most severe decline in governance over the past decade, according to the “2024 Ibrahim Index of African Governance” report published by the Mo Ibrahim Foundation. The report shows that Nigeria has dropped from 30th to 33rd place in governance rankings on the continent since 2014. The report reveals that while 33…
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Grain hoarders, smugglers, causing food inflation in Nigeria — FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has identified grain hoarders and smugglers as major contributors to Nigeria’s food inflation crisis. Tunji Bello, the Executive Vice Chairman (EVC) of FCCPC, made this statement on Wednesday during a town hall meeting in Kano with key stakeholders, including industry leaders, micro, small, and medium enterprises (MSMEs), market heads, farmers, transporters, and…
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FEC approves ₦740bn for Abuja-Kano road reconstruction
By Kunle Sanni The Federal Executive Council (FEC) has approved ₦740 billion for the reconstruction of the Berger section of the Abuja-Kano highway, as part of the government’s efforts to address critical infrastructure projects across Nigeria. The announcement was made by Dave Umahi, Minister of Works, after the FEC meeting, chaired by President Bola Ahmed Tinubu, at the State House,…
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FEC approves €443.3m, $141m credit facilities for fighter jets, ammunition
By Kunle Sanni The Federal Executive Council (FEC) has approved the acquisition of credit facilities to finance the procurement of fighter aircraft and ammunition for the Nigerian Air Force. The decision was announced by Mohammed Idris, Minister of Information and National Orientation, during a press briefing on Wednesday following the FEC meeting, chaired by President Bola Tinubu at the State…
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Profiles of new ministers in Tinubu’s cabinet
President Bola Tinubu rejigged his cabinet on Wednesday, scrapping the Ministry of Niger Delta Development and replacing it with the new Ministry of Regional Development. The President also collapsed the Ministry of Sports Development into the National Sports Commission (NSC), with the latter now performing the role of the former. Similarly, the Ministry of Tourism was merged with the Ministry…
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