FORMER federal lawmaker Elisha Abbo, who represented the Adamawa North Senatorial District in the 9th Senate, has publicly defended himself against allegations of sharing explicit videos of his former girlfriend. The controversy came to light during an appearance on the Abuja-based Human Rights Radio’s popular show, ‘Brekete Family,’ which was …
Read More »BREAKING: CBN Increases Interest Rate to 27.25%
IN a recent move to address economic concerns, the Central Bank of Nigeria (CBN) has elevated the Monetary Policy Rate (MPR) by 50 basis points, raising it from 26.75% to 27.25%. This decision was announced following the 297th meeting of the Monetary Policy Committee (MPC) held in Abuja. Alongside the …
Read More »Nigeria’s Unemployment Rate Increases to 5.3% in Q1 2024
THE National Bureau of Statistics (NBS) has disclosed that the unemployment rate in Nigeria increased to 5.3 per cent in Q1 2024 from the 5.0 per cent recorded in Q3 2023. The NBS said this in its Nigeria Labour Force Survey for Q1 2024 released on Tuesday, September 24, 2024. …
Read More »BUA Chairman Abdul Rabiu Donates N2bn to Maiduguri Flood Victims
THE Founder and Chairman of BUA Group, Abdul Samad Rabiu, has donated N2 billion to aid the victims of the recent devastating flood in Maiduguri, the Borno State capital. The donation includes N1 billion in cash and N1 billion worth of essential food supplies, aimed at alleviating the suffering …
Read More »Ogun to Disburse Grants to 236 PHCs
THE Ogun State Governor, Prince Dapo Abiodun, on Tuesday, disclosed that his administration would soon begin the disbursement of grants and facilities to the 236 Primary Health Centres (PHCs) across the state. This, he said, will ensure that the PHCs meet the requirements of the World Health Organization. Governor …
Read More »Bernard Arnault Drops Down The list of world’s Richest Men After a $54 billion Collapse
“As long as I’m not the richest man in the world, I won’t really be happy,” Bernard Arnault once said. The day has come. Arnault, the founder and CEO of luxury goods conglomerate LVMH, went from being the richest person in the world to the fifth-most after a 20% …
Read More »EFCC Warns Skit makers Against Unauthorised Use of Uniform
THE Economic and Financial Crimes Commission (EFCC) has again warned comedians and skit makers against unauthorised use of its uniforms and other operational accoutrements in their productions. The anti-graft agency in a statement on its X (formerly twitter) account on Monday, warned that any unauthorised use of its uniforms would be met with …
Read More »Access Bank Sued For N100m Over Alleged Unlawful Deductions
A legal practitioner, Mr Junaid Sanusi who is a customer of Access Bank Plc, has sued the bank for N100 million for allegedly deducting his money unlawfully. While arguing his originating summons before the Federal High Court at Ibadan on Monday, Sanusi informed the court that he operated a savings …
Read More »Edo Guber Poll Results Manipulated — Yiaga Africa
YOUTH Initiative for Advocacy, Growth, and Advancement (YIAGA) Africa has said the Edo state governorship poll held on Saturday lacked integrity and suffered from widespread manipulation of its results. The non-profit organisation disclosed this in a post-election statement released signed by Dr. Aisha Abdullahi, Chair of the 2024 Edo Election …
Read More »“Our Candidate won”: PDP Rejects Edo Governorship Election Results
THE Peoples Democratic Party (PDP) has rejected the outcome of Saturday’s governorship election in Edo State, saying the party’s candidate in the state, Dr Asue Ighodalo, won the gubernatorial election. The Independent National Electoral Commission (INEC) had, on Sunday, September 22, 2024, declared the governorship candidate of the All Progressives …
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