MAJOR Energy Marketers Association of Nigeria, MEMAN, has said that the landing cost of Premium Motor Spirit, PMS, also known as petrol declined marginally to N970 in December 2024, from N971 per litre in November 2024. This comes against the backdrop of a similar drop in the crude oil price …
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President Tinubu Presents N49.8trn Budget of Restoration to National Assembly
…Urges more patience from Nigerians as Reforms yield results President Bola Ahmed Tinubu, speaking Wednesday in Abuja, assured Nigerians of better days ahead as economic reforms yield positive results. He said there have been noticeable signals of improved security, education, and health care, as well as a 3.46 per cent …
Read More »National Arts Theatre’s Festival of Unity Begins in Lagos
THE annual Festival of Unity organised by the National Arts Theatre has begun, with stakeholders praising the new management for ensuring continuity of the event. Newsextra24 reports that the 2024 edition has the theme: “Rebranding Boundless Opportunities: Celebrating Unity and Inclusivity”. Speaking at the event on Tuesday in Lagos, Mrs …
Read More »EFCC Arrests Suspect over Alleged Scamming of 139 Australians
OPERATIVES of the Economic and Financial Crimes Commission (EFCC) have arrested a suspected online fraudster, Osang Otukpa, over an alleged duping of 139 Australians to the tune of eight million Australian dollars. EFCC’s spokesperson, Dele Oyewale, said this in a statement on Friday in Abuja. According to him, the suspect …
Read More »Court grants ex-Kogi Gov Yahaya Bello N500m bail
…Adjourns to Feb 24 for continuation of hearing THE Federal High Court, Abuja, on Friday, granted the immediate past Governor of Kogi State, Yahaya Bello, bail in the sum of N500 million with two sureties in like sum. This was after the former governor had pleaded not guilty to the …
Read More »Yuan weakens to 7.1876 against dollar
THE central parity rate of the Chinese currency renminbi, or the Yuan, weakened 22 pips to 7.1876 against the dollar on Friday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent …
Read More »BREAKING: ASUU Declares Strike At Niger Delta University
THE Academic Staff Union of Universities (ASUU) at the Niger Delta University (NDU) in Bayelsa State, on Tuesday, December 10, 2024, declared an indefinite strike over the government’s alleged failure to honour agreements reached with the union. ASUU announced the strike during a meeting at the union’s secretariat in the …
Read More »EFCC Arrests 22 Suspected Internet Fraudsters in Abia State
OPERATIVES of the Uyo Zonal Directorate of the Economic and Financial Crime Commission (EFCC), have arrested twenty-two suspected (22) internet fraudsters. They were arrested on Friday, December 6, 2024 at Umuagu and Olokoro in Abia state in a sting operation. Items recovered from them include six exotic cars, eight laptops …
Read More »Court Strikes Out Yahaya Bello’s Bail Application
THE Federal Capital Territory High Court, on Tuesday, denied a bail application submitted by Yahaya Bello, the former governor of Kogi State. Newsextra24 reports that the court, under the oversight of Justice Maryann Anenih, ruled that the application was premature. Justice Anenih noted that the application was filed at a time …
Read More »Top Islamic Cleric, Muyideen Bello Dies at 84
THE Muslim community has been thrown into mourning following the death of a renowned Islamic cleric, Alhaji Muyideen Bello. His passing was announced by another prominent Islamic scholar, Alfa Aribidesi of At-Tawdeeh Islamic Da’awah, on Friday morning. Born in 1940 in Ibadan, Alhaji Bello was widely respected for his profound …
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