Nigeria Secures BRICS Partnership Status, Eyes Full Membership

NewsNigeriaWorld NewsNigeria Secures BRICS Partnership Status, Eyes Full Membership

By Ezinwanne Onwuka (Senior Reporter)October 24, 2024

Nigeria has been officially added as a partner nation in the BRICS alliance, alongside 12 other countries. The announcement was made during the 2024 BRICS summit, held from 22 to 24 October in Kazan, Russia. A post from the bloc on X on Thursday confirmed the development, stating, “13 new nations have been accepted as official partner countries and will be part of BRICS initiatives.” The new partners are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan,...

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Troops Kill 140 Terrorists, Arrest 135 Suspects in Nationwide Operations

Crime & SecurityNewsNigeriaTroops Kill 140 Terrorists, Arrest 135 Suspects in Nationwide Operations

By Ezinwanne Onwuka (Senior Reporter)October 24, 2024

Troops of the Nigerian Armed Forces have killed no fewer than 140 terrorists and arrested 135 suspects across the country within the past week. Speaking at a press briefing on Thursday in Abuja, the Director of Defence Media Operations, Major General Edward Buba, disclosed that two key members of the Indigenous People of Biafra, IPOB, were among those arrested. He identified them as Pius Iguh, a founding member of the Eastern Security Network, ESN, and...

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Fuel Price Hike: Tinubu Introduces CNG at N200 as Alternative

EconomyNewsNigeriaFuel Price Hike: Tinubu Introduces CNG at N200 as Alternative

By Ezinwanne Onwuka (Senior Reporter)October 24, 2024

“Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200..” President Bola Ahmed Tinubu has disclosed that Nigerian motorists can now purchase petrol at N1,000 per litre. However, he added that the equivalent of a litre of petrol—measured as one Standard Cubic Meter of Compressed Natural Gas, CNG—is available at N200. Tinubu made this statement during a meeting with executives of the Nigerian Independent Petroleum Company, NIPCO,...

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Nigeria’s Growth Outlook Dims as IMF Cuts 2024 GDP Forecast to 2.9%

EconomyNewsNigeriaNigeria’s Growth Outlook Dims as IMF Cuts 2024 GDP Forecast to 2.9%

By Ezinwanne Onwuka (Senior Reporter)October 24, 2024

The International Monetary Fund, IMF, has revised Nigeria’s 2024 economic growth forecast downward to 2.9 per cent from the earlier projection of 3.1 per cent in July. The downgrade, contained in the IMF’s latest World Economic Outlook, WEO, report, attributes the adjustment to disruptions in oil production, severe flooding, and persistent inflation. The report notes that flooding, coupled with ongoing security and maintenance challenges in the oil sector, has significantly affected economic activities. “Over the...

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Court Orders Release of Binance Executive as FG Withdraws Charges

NewsNigeriaPoliticsCourt Orders Release of Binance Executive as FG Withdraws Charges

By Ezinwanne Onwuka (Senior Reporter)October 24, 2024

A Federal High Court sitting in Abuja on Wednesday ordered the release of Tigran Gambaryan, an executive of Binance Holdings Limited, from the Kuje Correctional Centre following the withdrawal of charges by the federal government. Gambaryan, a US citizen, was arrested in February during a clampdown on Binance over alleged foreign exchange manipulation and tax evasion. The Economic and Financial Crimes Commission, EFCC, had arraigned him and Binance Holdings Limited in April on a five-count...

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Wike Vows to Remove Beggars from Abuja Streets Over Security Concerns

NewsNigeriaPoliticsWike Vows to Remove Beggars from Abuja Streets Over Security Concerns

By Ezinwanne Onwuka (Senior Reporter)October 23, 2024

The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has announced plans to rid the streets of Abuja of beggars, starting next week. Wike described the growing presence of street beggars in the nation’s capital as both “embarrassing” and a security threat. “In terms of security, let me state clearly now, we have declared war,” Wike said during an address. “Abuja is turning into a beggar city. If you know you have a sister,...

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Former Lawmaker Farouk Lawan Regains Freedom from Kuje Custodial Centre

NewsNigeriaPoliticsFormer Lawmaker Farouk Lawan Regains Freedom from Kuje Custodial Centre

By Ezinwanne Onwuka (Senior Reporter)October 22, 2024

Farouk Lawan, a former member of the House of Representatives, has been released from the Kuje Custodial Centre in Abuja. His release was announced in a statement he signed on Tuesday, 22 October  2024. In the statement, Lawan expressed his gratitude, saying, “Alhamdulillah Alhamdulillah Alhamdulillah. Today marks the beginning of a new chapter in my life as I step out of Kuje Custodial Centre, with a heart full of gratitude to Allah SWT for seeing...

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State Governments Face Off Against EFCC: Supreme Court Delays Ruling

Law & JusticeNewsNigeriaState Governments Face Off Against EFCC: Supreme Court Delays Ruling

By Ezinwanne Onwuka (Senior Reporter)October 22, 2024

…Anambra, Adamawa, and Ebonyi shift stance The Supreme Court of Nigeria has reserved judgment in a case concerning the constitutionality of the laws that established the Economic and Financial Crimes Commission, EFCC, and related agencies. This decision follows a hearing held on Tuesday, 22 October 2024, during which legal representatives from various states presented their arguments before a seven-member panel led by Justice Uwani Abba-Aji. The suit, initially filed by the Kogi State Government through...

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Bobrisky Allegedly Arrested at Seme Border Amid Investigation into Prison Scandal

Crime & SecurityNewsNigeriaBobrisky Allegedly Arrested at Seme Border Amid Investigation into Prison Scandal

By Ezinwanne Onwuka (Senior Reporter)October 21, 2024

The controversy surrounding popular crossdresser Idris Okuneye, known as Bobrisky, has taken a new turn following reports of his arrest at the Seme border while allegedly attempting to flee Nigeria. According to a video released by Martins Otse, a social media activist popularly known as VeryDarkMan, Bobrisky was detained by Nigerian Immigration officers on his way to Benin Republic. Otse claimed that Bobrisky hid inside his car and sent someone to handle his passport processing...

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COAS Lagbaja’s Rumoured Death Dismissed by Army

NewsNigeriaCOAS Lagbaja’s Rumoured Death Dismissed by Army

By Ezinwanne Onwuka (Senior Reporter)October 21, 2024

…Military Pulls Out 15 Retired Generals Confusion and controversy have emerged following reports on social media that the Chief of Army Staff, COAS, Lt. Gen. Taoreed Lagbaja, has died. Jackson Ude, a former presidential aide, announced on X (formerly Twitter) that Lagbaja passed away in an undisclosed hospital overseas after battling stage three cancer. Ude claimed the military deliberately withheld the information due to intense lobbying among top generals seeking to replace him. His post...

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