Tinubu vows to better Nigeria’s business environment as more foreign companies plan exit

BusinessNewsNigeriaPoliticsTinubu vows to better Nigeria’s business environment as more foreign companies plan exit

By Ezinwanne Onwuka (Senior Reporter)December 19, 2023

President Bola Tinubu has remained unrelenting in his efforts to attract huge foreign investments to Nigeria as he promises to improve the investment climate in the country. “We are committed to removing all cobwebs and anti-investment impediments in the oil and gas industry,” said the President on Monday when he hosted the group chairman and CEO of Total Energies Worldwide, Patrick Pouyanne. Nigeria is witnessing an economic depression caused by Tinubu’s economic policies that has...

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Nigerian Army rescues 13 kidnapped victims in Zamfara

Crime & SecurityNewsNigeriaNigerian Army rescues 13 kidnapped victims in Zamfara

By Ezinwanne Onwuka (Senior Reporter)December 19, 2023

…11 terrorist-agents also arrested A crackdown on a gang of bandits operating around the Dansadau axis in Maru LGA of Zamfara State by troops of the Nigerian Army dubbed “Operation Hadarin Daji” on December 17 led to the successful rescue of 13 abducted victims. The terrorists fled on sighting the troops approaching, abandoning their hostages. All rescued victims are indigenes of Mutunji village of Dansadau Emirate in Maru county of Zamfara. The Nigerian Army has...

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Kano leads in states with highest Inflation rate as inflation soars to 28.2%

EconomyNewsNigeriaKano leads in states with highest Inflation rate as inflation soars to 28.2%

By Ezinwanne Onwuka (Senior Reporter)December 17, 2023

Nigeria’s inflation rate jumped in November to 28.2 per cent, the National Bureau of Statistics, NBS, said last Friday. The latest rate is a 0.61 per cent rise from October’s 27.33 per cent. The consumer price index, a main gauge of inflation, soared about 6.73 per cent points, compared to the 21.47 per cent recorded in November 2022, NBS said. Rises in the price of goods caused by President Bola Tinubu’s economic reforms, including scrapping...

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NGO partially suspends operations in Zamfara due to insecurity

Crime & SecurityNewsNigeriaNGO partially suspends operations in Zamfara due to insecurity

By Ezinwanne Onwuka (Senior Reporter)December 17, 2023

Médecins Sans Frontières, MSF, also known as Doctors Without Borders, a charity organisation that provides humanitarian medical care in conflict zones, is evacuating its staff from Zamfara State because of growing security risks. The MSF said armed gangs have been attacking Zurmi town in Zamfara State since 10 December, with some occurring dangerously close to a hospital supported by the humanitarian organisation. Adjide Hermann, MSF deputy field coordinator in Zurmi, said the organization can no...

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Public universities, polytechnics are no longer part of IPPIS – FG

EducationNewsNigeriaPublic universities, polytechnics are no longer part of IPPIS – FG

By Ezinwanne Onwuka (Senior Reporter)December 15, 20231

Government-owned tertiary institutions have been yanked off the Integrated Payroll and Personnel Information System, IPPIS, which has slowed down staff remuneration and recruitment, among other things since 2006. The Minister of the Information and National Orientation, Mohammed Idris, said on Wednesday that the development is to make room for greater autonomy. Minister Idris said the exemption of public tertiary institutions from the IPPIS was a joint decision of the Federal Executive Council, FEC, in response...

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Nigerian Army arrests IPOB/ESN Commandant in Enugu

Crime & SecurityNewsNigeriaNigerian Army arrests IPOB/ESN Commandant in Enugu

By Ezinwanne Onwuka (Senior Reporter)December 15, 2023

Troops of the Nigerian Army, NA, codenamed Sector 1 Exercise Golden Dawn III have apprehended Uchechukwu Akpa, the leader of the Indigenous People of Biafra, IPOB, and its armed affiliate, the Eastern Security Network (ESN) militants. Akpa was nabbed alongside three others identified as Udoka Anthony Ude, Ikechukwu Ulanta, and Ezennaya Udeigewere at their hideout at Christ the King Catholic Church, Ameta Mgbowo in Awgu LGA of Enugu State on Wednesday, 13 December. “The arrest...

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Supreme Court says Nnamdi Kanu must face trial for terrorism

Law & JusticeNewsNigeriaSupreme Court says Nnamdi Kanu must face trial for terrorism

By Ezinwanne Onwuka (Senior Reporter)December 15, 2023

The Supreme Court in Nigeria has declined to order the release of the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, from detention. The separatist leader has been in detention since 2021 despite a Court of Appeal judgment on 13 October 2022 ordering his release. Hopes were high that the Supreme Court would quash the terrorism charges against Kanu who has been in detention since June 2021 when he was forcefully extradited from...

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Jumia shuts down food delivery business in Nigeria, six other countries

BusinessNewsNigeriaJumia shuts down food delivery business in Nigeria, six other countries

By Ezinwanne Onwuka (Senior Reporter)December 15, 2023

Jumia’s food delivery services, Jumia Food, will cease operations in Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria, and Ivory Coast by 31 December 2023. The Chief Executive Officer of Jumia, Francis Dufay said the current market conditions and economic climate in the affected countries make the food delivery business unprofitable. “The economics are tough in this market because the costs are very high and there is plenty of competition so there is downward pressure on the...

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Nigeria seeks US partnership to end insecurity

NewsNigeriaPoliticsNigeria seeks US partnership to end insecurity

By Ezinwanne Onwuka (Senior Reporter)December 15, 2023

Nigeria is seeking the support of the United States in addressing the country’s pressing security challenges, including banditry and terrorism. Bello Matawalle, minister of state for defence, said Nigeria would welcome international support to rid the country of terrorists. Matawalle, currently on a working visit to the US, said President Bola Tinubu is determined to collaborate with friendly nations to make Nigeria more secure for all. In the US, the Minister met with members of...

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Governor Sim Fubara presents 2024 budget of N800bn to five lawmakers amid crisis

NewsNigeriaPoliticsGovernor Sim Fubara presents 2024 budget of N800bn to five lawmakers amid crisis

By Ezinwanne Onwuka (Senior Reporter)December 13, 2023

Rivers State Governor Siminalayi Fubara is proposing to spend N800,392,485,433.01 for the 2024 fiscal year. Governor Fubara presented the budget proposal to the Rivers State House of Assembly on Wednesday. The Governor dubbed the budget, ‘Budget of Renewed Hope, Consolidation and Continuity.’ Present at the presentation were the House of Assembly Speaker Edison Ehie and four other lawmakers only as the 27 legislators who defected from the Peoples Democratic Party, PDP, to the All Progressives...

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