Nigerian News

Just In: Minister makes U-turn, accepts 16 years as admission age for 2024

Minister of Education, Prof Tahir Mamman, has waved the 18 years benchmark for admission into tertiary institutions. At an ongoing policy meeting organised by the Joint Admission Matriculations Board (JAMB) in Abuja, Mamman had announced that only applicants who were 18 years and above were eligible for admission. This had sparked a controversy as stakeholders […]

Nigerian News

Akpabio Stresses Need for Enforcement of Town Planning Laws

Expresses Condolences for Students Killed in Jos Building Collapse President of the Senate, Godswill Akpabio, has urged the Plateau State government to reinforce town planning laws to prevent future tragedies like the recent building collapse in Jos that resulted in the loss of several students’ lives. Akpabio made these comments during a courtesy visit from […]

Nigerian News

Cardoso explained the reason for raising fresh capital and why retained earnings are excluded from the terms of recapitalization.

THE Governor, Central Bank of Nigeria (CNN), Olayemi Cardoso has explained that the exclusion of retained earnings from the recapitalization terms encourages banks to focus on raising fresh capital from external sources. Speaking at the CEO Forum on the topic, ‘Revitalising Nigeria’s Economy: Strategic Monetary Policies for Economic Growth’ hosted by BusinessDay Media, he stated […]

Nigerian News Politics

BREAKING: It’s Unconstitutional For Govs To Hold LG Funds, Supreme Court Declares

The apex court directed that Local Government allocations from the Federation Account should be paid directly to them henceforth. The Supreme Court, on Thursday, declared that it is unconstitutional for state governors to hold onto funds meant for Local Government (LG) administrations. In its lead judgement read by Justice Emmanuel Agim, the apex court observed […]

Nigerian News

Breaking: President Bola Tinubu Re-Elected as ECOWAS Chairman

Called for regional standby force to ensure the security and economic progress of the community. President Bola Tinubu has been re-elected for another one-year term as the Chairman of the ECOWAS Authority of Heads of States and Government. His re-election took place during the 65th Ordinary Session of the Authority, held at the Presidential Villa […]

Nigerian News

Nigeria Secures $5 Billion Africa Energy Bank Hosting Rights

Nigeria has successfully secured the bid to host the $5 billion Africa Energy Bank. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this while speaking to journalists after a virtual meeting of the council of ministers of the African Petroleum Producers Organisation (APPO) on Thursday. The government said Nigeria emerged as the […]

Nigerian News

‘We were never known for lawlessness’, Oyetola’s aide replies Osun govt

.Cautions Gov’s spokesman from lying shamelessly Spokesperson to the Minister of Marine and Blue Economy, Adegboyega Oyetola, Ismail Omipidan has said that his principal’s administration was distinguished by its commitment to peace, stability, and rule of law, rather than violence and lawlessness, which he said are the hallmarks of the present administration in Osun. He […]

Entertainment

Olamide Announces the Return of OLIC This December 2024

Olamide, the renowned Nigerian rapper, has thrilled fans with the announcement of the return of OLIC (Olamide Live in Concert) this December 2024. The exciting news was shared during a lively interaction with fans on the #AskOlamide session on X this evening. In response to a fan’s query about his plans for the year, Olamide […]

Nigerian News

Nigeria Boosts Foreign Reserves with $5M Gold Transaction Under New National Gold Purchase Program

In a landmark achievement, Nigeria has bolstered its foreign reserves by $5 million through the successful completion of the first commercial transaction under the National Gold Purchase Program (NGPP). This initiative, supported by President Bola Tinubu’s administration, saw over 70 kilograms of locally sourced and refined gold meet the London Bullion Market Association Good Delivery […]