Nigerian Government Sets To Enhance Cooperation With Other Countries

The Nigerian government is committed to enhancing cooperation with other countries in education, mining, culture, and tourism. President Bola Tinubu stated this in Abuja while receiving Letters of Credence from the High Commissioner of Jamaica, Lincoln Downer; and that of Australia, Leilani Bin-Juda; and the Ambassador of Romania, Florin Talapan. President Tinubu in separate meetings assured them of Nigeria’s support for a rewarding stay and re-affirmed his government’s commitment to maintaining an open door policy...

Bobrisky Pleads Guilty to Naira Abuse Charge, Awaits Sentencing

Popular Nigerian social media personality Idris Okuneye, better known as Bobrisky, pleaded guilty on Friday to a four-count charge of naira abuse brought against him by the Economic and Financial Crimes Commission, EFCC. Bobrisky arrived at the Federal High Court in Lagos facing six charges, but the prosecution dropped the last two related to alleged money laundering after discussions with the defence. The remaining charges centred on videos posted by Bobrisky on social media that...

FG Recommends Segilola Model To Mining Companies

In a bid to improve the development of the solid minerals sector in the country, the Minister of Solid Minerals Development, Dr. Dele Alake has advised mining companies to emulate the international best practices of the Segilola gold project to develop the sector. Alake expressed the commitment of the federal government to support mining companies that place a premium on local content in their operations. Speaking during a site tour of the Segilola Resources Operating...

NERC Slams Abuja Electricity N200m Fine Over Misapplication Of New Tariff

The Nigerian Electricity Regulatory Commission (NERC) has slammed Abuja Electricity Distribution Plc (AEDC) with a fine of N200 million for failing to adhere to its tariff guidelines, thereby creating a stir among consumers and industry stakeholders alike. According to reports, the fine came in the wake of the Supplementary Order to the Multi-Year Tariff Order for 2024, issued on April 3, 2024, which AEDC has been found in violation of. A detailed correspondence released by...

Wema Bank Grows Profit Before Tax By 196% In Year 2023

The Wema Bank Plc has grown its profit before tax by 196 percent as it announces a full year 2023 audited financial statement. According to reports made available to journalists, the bank recorded Profit before tax growth of 196% from ₦14.75bn to ₦43.59 billion. Proposed dividend per share of 50kobo; up from 30kobo in 2022. Deposit growth of 60% to ₦1,860.57bn from ₦1,165.93bn reported in FY 2022. Return on Equity (ROAE) of 39.28%, NPL of...

Anti-Bomb Squad Reveals Six Signs To Identify Explosives

The commandant of Explosive Ordnance Disposal (EOD) of the Nigeria Police, Sylvanus Ntul has provided six signs to avoid risk as to mitigate the loss of lives and property. Ntul who spoke at a conference to mark the International Mine Action and Awareness Day 2024, organized by the United Nations Mine Action Service (UNMAS) in Maiduguri emphasized the importance of self-reliance and community awareness in ensuring safety in areas affected by mines and explosives. “As...

Electricity Tariff Hike: Northern Elders Rebukes Tinubu

The recent decision by President Bola Tinubu’s government over the increase in electricity tariff has been described as a “reckless move” and a complete disregard for the well-being and welfare of the Nigerian people. The Director of Publicity and Advocacy of the Northern Elders Forum (NEF) Abdul-Azeez Suleiman in a statement on Thursday said the breakdown of the new tariffs revealed an alarming burden that the average Nigerian will face in affording electricity daily. The...

Hon. Agbese Escapes Assassination Attempt

The Deputy Spokesperson of the Nigerian House of Representatives, Hon. Philip Agbese who represents Ado/Okpokwu/Ogbadibo Federal Constituency of Benue State on Thursday allegedly escaped an assassination attempt. He was attacked in Igumale, the headquarters of his local government area of Ado, during a constituency outreach organized to mark the Easter celebration, but was saved by personnel of ‘Operation Whirlwind’ of the Nigerian Armed Forces on a peacekeeping mission in the area. An eyewitness said some...

Taraba State Government To Assist Victims Of Windstorm

Taraba state government will soon assist victims of the devastating windstorm that occurred on Tuesday in Takum that rendered many families homeless. Emmanuel Bello, Special Adviser on Media and Digital Communication to Taraba State Governor, Agbu Kefas, made the pledge on Wednesday said the administration of Kefas would find ways to support victims in rebuilding their homes destroyed by a storm. He said the high-powered delegation was mandated to take stock of all the damages...

Military Released Identities Of Some Top Terrorists’ Commanders Killed

The full identities of some top terrorists’ commanders, who were killed in the Northern region of the country during various operations across all theatres between January and March 2024 have been released on Thursday by the military high command. Among those killed by the troops attached to different operations included the Head of Is-Al Furqan Province (ISGS and ISWAP), Abu Bilal Minuki popularly known as Abubakar Mainok among his criminal gang members as well as...

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