The Nigerian Meteorological Agency (NiMet) has predicted sunshine and haziness from Monday to Wednesday across the country. NiMet`s weather outlook released on Sunday in Abuja, forecast sunny and hazy atmosphere on Monday over the northern region throughout the forecast period. According to it, cloudy skies with intervals of sunshine are …
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S&P Report: Banks Should Consider Social Media In Liquidity Risk Management
A new report by S&P Global Ratings has advised banks across the world to consider social media in their liquidity risk management activities. According to the report released on February 29, 2024, bank failures in 2023, such as the collapse of Silicon Valley Bank, were often characterized by substantial and …
Read More »Audit Report Indicts NUPRC, Customs Over Unremitted FAAC Revenue
The Office of the Auditor General for the Federation (OAuGF) has indicted the Department of Petroleum Resources now Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Customs Service for non-remittance of several billions of naira into the federation accounts for the 2020 financial year. The 2020 Auditor General’s report obtained …
Read More »Nigeria’s Agricultural Exports Skyrocket To N1.23 Trillion In 2023
NIGERIA’s agricultural sector has seen its exports soar to a remarkable N1.23 trillion in 2023, according to the latest foreign trade reports from the National Bureau of Statistics (NBS). This figure marks a significant 53% increase from the N583.3 billion recorded in 2022, underscoring the sector’s pivotal role in the …
Read More »Senate Reacts To Report Of 2024 Budget Padding Allegation
THE Nigerian Senate has denied a claim made by Senator Abdul Ningi, representing Bauchi Central, that the 2024 budget was padded with N3 trillion. Recall that Senator Ningi, speaking on behalf of the Northern Senators’ Forum during an interview with BBC Hausa, had alleged that the National Assembly debated and …
Read More »Nasarawa Senator, Abubakar Sodangi Dies At 70
A former lawmaker representing Nasarawa West senatorial district, Abubakar Danso Sodangi, is dead. According to reports, the All Progressives Congress chieftain breathed his last on Sunday at the age of 70. Sodangi served as the Chairman of the Campaign Council for the re-election of Governor Abdullahi Sule in 2023. Abubakar Danso …
Read More »Tinubu’s Govt Is A Failure In All Ramifications – Julius Abure
THE National Chairman of the Labour Party (LP), Julius Abure, has urged Nigerians and the opposition to challenge the President Bola Tinubu-led administration. Abure claimed that Tinubu’s government had destroyed all sectors of the country. He lamented that all indices of development point show that the country is regressing. The LP …
Read More »Peter Obi Reacts To 2024 Budget Padding Allegation
THE 2023 presidential candidate of the Labour Party (LP), Peter Obi, has expressed his views on the alleged padding of the 2024 budget with N3 trillion. Recall that Senator Abdul Ningi, representing Bauchi Central in the National Assembly, had alleged that the National Assembly debated and passed N25 trillion as …
Read More »Nigeria Produces Six Gold Medals In Wrestling At 2024 All-African Games
IT was an unprecedented evening for Nigerian female wrestling contingents at the 2024 All African Games on Sunday night, March 10, as they ended the night with six gold medals in different categories of the event. In the 13th edition of the All African Games, Blessing Oborodudu grabbed the gold …
Read More »Apapa Faction Appeals Court Verdict Reinstating Abure As LP Chairman
THE Lamidi Apapa faction of the Labour Party (LP) has appealed the judgement which affirmed Julius Abure as the National Chairman of the party. Newsextra24 reported that the Court Of Appeal in Abuja on March 6, 2024, affirmed Abure as the LP National Chairman. Reacting to the verdict at a press conference in …
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