Politics
President Tinubu Approves N683 Billion as Intervention Funds for Universities and Other Institutions
The sum of N683 billion has been approved by President Bola Tinubu as the 2024 Intervention Funds for public tertiary education institutions across the nation. The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Sonny Echono, made this disclosure on Friday at the Fund’s strategic planning meeting with heads…
Read More »CBN Takes Decisive Action, Sacks Boards of Union, Keystone, and Polaris Banks
The apex bank in a statement signed by its Acting Director of Corporate Communications, Sidi Hakama, said “this action became necessary due to the non-compliance of these banks and their respective boards with the provisions of Section 12(c), (f), (g), (h) of Banks and Other Financial Institutions Act, 2020.” It…
Read More »Tinubu suspends Betta Edu over N585m fraud allegations
The president has also told her to hand over to the permanent secretary and cooperate fully with investigations. President Bola-Ahmed Tinubu has suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation following allegations of N585m fraud in her ministry. The president suspended her on Monday and directed her…
Read More »Peter Obi Commends Funke Akindele’s ‘A Tribe Called Judah,’ Acknowledging its Reflection of Challenges Faced by Less-Privileged Nigerians
The presidential candidate of the Labour Party in the 2023 general election, Peter Obi, has stated that actress Funke Akindele’s new movie, ‘A Tribe Called Judah’ reflected the challenges facing the less-privileged Nigerians. Obi stated this on Saturday in a statement shared on his X handle. ‘A Tribe Called Judah’…
Read More »Tinubu and Atiku Congratulate Funke Akindele on Box Office Record
President Bola Tinubu congratulated actress and filmmaker Funke Akindele on her record-setting film and commended the ace thespian for her contributions to the growth of the industry. Her movie titled ‘A Tribe Called Judah‘, which she produced and co-directed, was released in cinemas in Nigeria in mid-December last year, and…
Read More »Yobe Community: Boko Haram Terrorists Kill Pastor and 13 Others, Leaving a Trail of Destruction with Burnt Church, Houses, and Cars
The Islamic State-backed faction of Boko Haram, known as the Islamic State West Africa Province (ISWAP), formerly identified as Jamā’at Ahl as-Sunnah lid-Da’wah wa’l-Jihād, launched an attack on Kwari, a town in the Geidam Local Government Area of Yobe State. Geidam is the council area of the immediate former Inspector…
Read More »Breaking News: EFCC Conducts Raid on Dangote Group’s Headquarters in Lagos
Operatives of the Economic and Financial Crimes Commission (EFCC) raided the headquarters of the Dangote Group in connection with an ongoing investigation into forex allocations in the country. Sources told PREMIUM TIMES that on arrival at the headquarters of one of Africa’s largest conglomerates in Lagos, the EFCC operatives demanded…
Read More »Obasanjo Warns Coming Generations About the Inevitable Burden of Paying the Current Incurred Debt
Former President Olusegun Obasanjo has revealed that the coming generation will be the ones to pay the debts incurred by Nigeria and other countries across Africa. He spoke at an engagement with 2023 awardees of the Future Africa Leaders Foundation, an initiative of Pastor Chris Oyakhilome. Obasanjo stated that with…
Read More »Soldier Responds to Viral Video of Lagos State Governor Arresting His Colleague
A Nigerian Soldier has slammed the Lagos State Governor for arresting his colleague. Recall that Sanwo-Olu had on Tuesday apprehended a soldier and four others for plying one way along the Lagos-Badagry. In a viral video, the soldier with the username General Salawu on Tiktok frowned at the governor for…
Read More »CBN Imposes Fresh Restrictions on Cryptocurrency Transactions
Fresh restrictions have been slammed on cryptocurrency transactions by the Central Bank of Nigeria. The apex bank disclosed this in recent guidelines on its website for operating cryptocurrency accounts known as Virtual Assets Service Providers. According to the guidelines, cryptocurrency accounts shall be used for only virtual/digital assets and not…
Read More »NSIPA Coordinator Granted Bail After N44 Billion Fraud Arrest by EFCC, Obliged to Report to EFCC Headquarters Daily
Halima Shehu, the troubled National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency, who was arrested in connection with an alleged ₦44 billion money laundering case, has been granted bail by the Economic and Financial Crimes Commission. According to The Punch, it was exclusively gathered that…
Read More »NNPC Dismisses Claims of Petrol Price Increment to N1,200
The Nigerian National Petroleum Company (NNPC) Limited has refuted rumours about its intention to raise the price of petrol to N1,200 per litre. Reports emerged on Wednesday that NNPC will announce a new increase in the price of fuel across the country. But reacting to the report, which has generated…
Read More »Reno Omokri Urges Tinubu to Ban Sports Betting Apps
Reno Omokri, the Nigerian author and social media influencer, has urged President Bola Tinubu to ban sports betting apps in the country. According to Omokri, a ban on sports betting apps could even help improve the value of the naira. Omokri, who quoted the National Lottery Trust Fund, lamented that…
Read More »Tinubu’s Government Allocates N100 Billion for School Feeding Programmes in 2024
The Tinubu-led administration has disclosed that the sum of N100 billion has been allocated for the school feeding programmes in the 2024 budget. Tinubu stated that the allocation would serve as a stimulant to encourage attendance in schools and reduce the problem of out-of-school children. The Nigerian leader made the…
Read More »Nigerian Lady Predicts Food Shortage in 2024, Links Northern Killings to Interests in Mineral Resources
A Nigerian female farmer has stated that from 2024 on, there will be food scarcity in the nation due to the worsening insecurity in Northern Nigeria. In a video shared online, the lady claimed that the killings in Northern Nigeria were being masterminded by those interested in the illegal mining…
Read More »MC Oluomo Reportedly Steps Down as Lagos NURTW Chairman
Musiliu Akinsanya, popularly known as MC Oluomo, has reportedly stepped down from his position as the chairman of the National Union of Road Transport Workers (NURTW) in Lagos State. It was gathered that MC Oluomo is set to contest the national president position of the NURTW. The decision of MC…
Read More »Nigerians will soon enjoy the benefits of subsidy removal – Gov. Yahaya of Gombe State
Gov. Inuwa Yahaya of Gombe State, on Tuesday, said Nigerians would soon enjoy the gains of fuel subsidy removal. Yahaya stated this in Gombe while inaugurating phase two of the state’s palliative distribution to residents of the state. He stated that President Bola Tinubu, in collaboration with the state governors,…
Read More »Senate Raises 2024 Budget By N1.2tn
The Senate has raised the 2024 budget by an additional N1.2 trillion, resulting in an adjusted budget of N28.7 trillion from the initial N27.5 trillion. According to the report submitted by the Appropriation Committee led by Senator Solomon Adeola, aggregate expenditure was pegged at N28,777,404.073.861; statutory transfers -N1,742,786,788,150; recurrent expenditure-…
Read More »Senate Summons Security Chiefs in Wake of Plateau Killings, Observes One-Minute Silence
The Senate has called upon the nation’s security chiefs to appear before them in response to the recent spate of killings in Plateau State. Those invited include the Chief of Army staff; Taoreed Lagbaja; Chief of Air Staff; Hassan Abubakar; the Director-General of the Department of State Services, Yusuf Bichi;…
Read More »Governor Akeredolu’s Death Is a Reminder That Power Is Transient — Deji Adeyanju
Deji Adeyanju, the human rights activist, has reacted to the death of the Ondo State Governor, Rotimi Akeredolu. He described the death of Akeredolu as a reminder that power is not permanent. While mourning Akeredolu’s demise in a statement he released on Wednesday, Adeyanju urged all Nigerian leaders to see…
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