Nigerian News

National Assembly Committees Advocate for Delisting of NSITF from FRA Schedule 1

The House Committee on Labour, Employment, and Productivity, alongside its Senate counterpart, has advocated for the delisting of the Nigeria Social Insurance Trust Fund (NSITF) from Schedule 1 of the Fiscal Responsibility Act (FRA), 2007. This advocacy follows a decision by the National Assembly and the NSITF to strengthen their collaboration, aiming to enhance the […]

Nigerian News

NERC Grants MTN and Others Permits for Mini-Grid and Captive Power Generation

The Nigerian Electricity Regulatory Commission (NERC) has granted permits to various companies, including Golden Penny Power Limited and MTN Communications Nigeria Limited, to generate electricity through mini-grids. In the first quarter of 2024, NERC issued nine new off-grid generation licenses with a combined capacity of 109.69 megawatts, along with three new trading licenses. Golden Penny […]

Nigerian News

Fuel Crisis Deepens: Prices Soar Nationwide Amid Worsening Scarcity

Fuel scarcity may worsen in Lagos this week, according to industry insiders. While fuel remains available, motorists face skyrocketing prices. A depot operator confirmed that supplies would continue to arrive at depots but warned they would be insufficient to alleviate the ongoing crisis. In Abeokuta, Ogun State, the situation is dire. A petrol station manager, […]

Nigerian News

Matrix Energy Group Refutes Allegations, Reaffirms Commitment to Quality and Nation-Building

Matrix Energy Group, a leading indigenous oil marketing and trading company, has issued an official statement addressing recent allegations made in an online publication. The company, known for its unwavering commitment to quality and industry integrity, categorically denied the claims that it had discharged substandard petroleum products in July 2024. NaijaneXusnews obtained the press statement […]

Nigerian News

NJC Endorses Kekere-Ekun for Chief Justice, Approves 28 New Judges Across States

The National Judicial Council (NJC) has endorsed Justice Kudirat Kekere-Ekun as the next Chief Justice of Nigeria (CJN). This decision was made during its 106th meeting, chaired by the current CJN, Justice Olukayode Ariwoola, who formally recommended Justice Kekere-Ekun to President Bola Tinubu for appointment. The recommendation was announced by NJC’s Director of Information, Soji […]

Nigerian News

BREAKING: Nigeria Reports 39 Mpox Cases and 5,951 Cholera Cases Amidst Rising Health Concerns

The Nigeria Centre for Disease Control and Prevention (NCDC) on Thursday confirmed that Nigeria has recorded a total of 39 confirmed cases of Mpox and zero deaths across 33 states and the Federal Capital Territory (FCT) since the beginning of 2024. NCDC Director-General, Dr. Jide Idris, who disclosed this at a press conference in Abuja, […]

Nigerian News

Osun, Good Governance and limit of absurdity

By Ismail Omipidan Being exceptional in dance craft is a talent. In dancing, one could wake up anytime to respond to the lyrics and songs without any adequate preparation and strategy. In fact, one could continue to change the dancing steps until one finds the movement that really suits the music being played. This is […]

Nigerian News

EFCC Nabs NAHCON Boss Over Brazen Mismanagement of N90bn Hajj Subsidy, Recovers Illicit Funds

In a shocking development, the Executive Chairman of the National Hajj Commission of Nigeria (NAHCON), Jalal Arabi, and the commission’s secretary, Abdullahi Kontagora, have been detained by the Economic and Financial Crimes Commission (EFCC). They face accusations of egregious mismanagement of the N90bn subsidy allocated for the 2024 Hajj. Documents seen by The PUNCH reveal […]