Lagos State Governor Babajide Sanwo-Olu has asserted that the state will not permit a recurrence of the 2020 #EndSARS protests. He made this statement while addressing the organizers of the ongoing anti-hunger protests, which highlight the economic difficulties faced by Nigerians since President Bola Tinubu’s administration began. In his address to Lagosians on Wednesday, Governor…
The House of Representatives Special Joint Committee investigating impediments in the petroleum sector has directed the Nigerian National Petroleum Company Limited (NNPCL) to cease any plans to mortgage Nigeria’s future crude oil until its ongoing investigation is concluded. The committee, led by Ikenga Ugochinyere, the representative for Ideato South/Ideato North Federal Constituency, Imo State, initiated…
Ogiame Atuwatse III, the Olu of Warri, has issued a powerful call for national unity and resilience as Nigeria navigates economic and social challenges. In a heartfelt press statement, the traditional ruler emphasized the importance of coming together as a nation, supporting leadership, and engaging in constructive dialogue to secure a brighter future for Nigeria….
President Volodymyr Zelensky has acknowledged that the upcoming U.S. presidential election poses a significant “challenge” for Ukraine, as he expressed in an interview with French media, including AFP. The United States, a crucial ally, has provided tens of billions of dollars in military assistance to Kyiv since Russia’s invasion of Ukraine began in February 2022….
President Bola Tinubu has extended his heartfelt condolences to the family of the late legendary singer, songwriter, actor, and politician, Onyeka Onwenu. Tinubu expressed his sympathy in a statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale, titled “President Tinubu Mourns Iconic Artiste, Onyeka Onwenu,” on Wednesday. In the statement, President Tinubu…
By Ayomide Otitoju Lagos, Nigeria – Legendary Nigerian singer, politician, and actress Onyeka Onwenu has passed away at the age of 72. Onwenu reportedly slumped after an impressive performance at the birthday party of Stella Okoli in Lagos on Tuesday. She was rushed to Reddington Hospital in Lagos, where she was pronounced dead. Speaking with…
FCMB Group has unveiled plans to raise N110 billion by issuing 15,197,289,219 ordinary shares of N0.50 each at N7.30 per share. This announcement was made by the Chief Executive Officer of First City Monument Bank, Ladi Balogun, during the “Facts Behind the Offer” presentation at the Nigerian Exchange Limited on Tuesday. Balogun explained that the…
The naira fell to a four-month low on Tuesday, trading at N1621.12 per dollar at the official window, compared to N1611.40 per dollar on Monday. This marked a 0.60 percent depreciation from the previous day’s close. This decline occurred despite recent interventions by the Central Bank of Nigeria (CBN), which sold dollars to authorized dealers…
Nigerian mobile operator, Globacom, has launched the Glo Health Insurance package, a micro-health insurance plan developed in collaboration with AXA Mansard Health Insurance to provide accessible healthcare for its subscribers. The Glo Health Insurance package leverages the extensive Glo mobile network to offer simple, affordable micro-health insurance coverage nationwide. Subscribers can access the service via…
