Buhari inaugurates $2.5bn Dangote fertiliser plant — second-largest in the world
President Muhammadu Buhari has inaugurated the three million metric tonnes Dangote Fertiliser Plant in Lagos. The inauguration took place on Tuesday at the Lagos Free Trade Zone, Lekki. The president said the project is in line with the government’s drive to ensure food sufficiency in the country. “This is a demonstration […]
MultiChoice increases prices of GOtv, DStv packages
MultiChoice Nigeria has increased the prices of its DStv and GOtv packages MultiChoice Nigeria is the Nigerian subsidiary of MultiChoice Africa, owner of DStv and GOtv. “In light of the rising costs of inflation and business operations, we have had to review the price of our packages to keep delighting our customers […]
Court fixes Friday for judgment in suit seeking Ayade’s removal for defecting to APC
A federal high court in Abuja has fixed Friday to deliver judgment in a suit filed by the Peoples Democratic Party (PDP) against Ben Ayade, Cross River governor. The PDP had taken Ayade to court seeking an order directing him and his deputy, Ivara Esu, to vacate office over their defection to the […]
Police take over Cross River assembly after court sacked lawmakers
Security operatives have taken over the Cross River state house of assembly. The security operatives include officers from the anti-kidnapping squad, cultism squad, and regular policemen. The officers were seen around the routes leading to the state house of assembly while movement into the assembly complex was restricted. The development comes […]
Emefiele: Nigeria unable to meet output quota due to unwarranted oil theft
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the country is unable to meet its production quota due to unwarranted oil theft in the sector. Emefiele said this on Monday at the end of the 284th monetary policy committee (MPC) meeting in Abuja. After MPC meeting, the committee concluded […]
Newspaper Headlines: Manufacturers warn of job losses over persistent energy crisis
The violent attacks in Kaduna and Zamfara communities, which have claimed the lives of over 60 persons, dominated the cover pages of Nigerian newspapers. Source: Top Stories
COVID: FG to scrap pre-departure PCR test for fully-vaccinated travellers arriving Nigeria
The federal government says from April 4, fully-vaccinated travellers entering Nigeria will no longer be required to take pre-departure PCR COVID tests. Boss Mustapha, chairman of the presidential steering committee (PSC) on COVID-19, said this on Monday at a media briefing in Abuja. The PSC chairman said although there has been a consistent […]
‘Rising food prices will moderate on deliberate actions’ — CBN leaves benchmark interest rate at 11.5%
The policy-setting committee of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which measures interest rate, at 11.5 percent. The monetary policy rate (MPR) is the baseline interest rate in an economy, every other interest rate used within an economy is built on the MPR. Addressing journalists […]
Officer who leaked video of Obiano in custody will face sanction, says EFCC
The Economic and Financial Crimes Commission (EFCC) says it has identified the officer who leaked a video of Willie Obiano, immediate past governor of Anambra, in the custody of the anti-graft agency. On March 17, Obiano was taken into custody in Lagos before he was transferred to the headquarters of the commission in […]
Court sacks 20 Cross River assembly members over defection from PDP to APC
A federal high court in Abuja has sacked 20 members of the Cross River state house of assembly. The Peoples Democratic Party (PDP) had instituted a suit against the lawmakers over their defection to the All Progressives Congress (APC). The judgement in the suit marked FHC/ABJ/CS/975/2021 was delivered on Monday. Ruling […]