EXTRA: ‘Presidency not amala and ponmo’ — Melaye hits Fayose for ‘demarketing’ Atiku, Saraki
Dino Melaye, former senator representing Kogi west, has berated Ayodele Fayose, former governor of Ekiti, for “demarketing” two presidential hopefuls in the Peoples Democratic Party (PDP). On Wednesday, Fayose purchased the nomination form of the PDP to contest for the party’s presidential ticket. Shortly after purchasing the form, a video where the […]
‘It’s an elitist business’ — Mele Kyari seeks special court for oil theft cases
Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, has called for the speedy establishment of a special court to try cases of oil theft. Kyari spoke on Thursday when he appeared before the house of representatives committee on petroleum resources upstream. The committee is investigating the […]
Newspaper Headlines: N’assembly appeals against judgment on section 84(12) of Electoral Act
The review of the vertical revenue allocation formula by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) dominated the cover pages of Nigerian newspapers. Source: Top Stories
Adenuga’s wealth on the rise as Dangote remains Africa’s richest man
Mike Adenuga, chairman of Globacom, a telecommunication company in Nigeria, has seen his wealth grow to $7.3 billion from $6.1 billion in 2021. The 68-year-old business tycoon is the second richest African and No 345 globally. In 2021, Adenuga’s fortune dropped from $7 billion in 2020 to $6.3 billion as the COVID-19 […]
Buhari seeks approval of N4trn for petrol subsidy in 2022
President Muhammadu Buhari has requested the approval of N4 trillion as payments for petrol subsidy payments in 2022. The president said this in a letter addressed to the house of representatives, titled “Submission of the Revised 2022 Fiscal Framework”. Femi Gbajamila, speaker of the house of representatives, read the letter during a […]
‘Sole legal tender is cedi’ — Ghana bans spending in foreign currencies
The Ghanaian government has banned spending and transacting businesses in foreign currencies in the country. The Central Bank of Ghana disclosed this in a statement issued on Thursday, warning citizens and companies to stop transacting business, pricing goods and services and advertising in foreign currencies. According to the country’s apex bank, it […]
UN suspends Russia from human rights council over Ukraine invasion
The United Nations (UN) general assembly, on Thursday, adopted a resolution calling for the suspension of Russia from the human rights council. The resolution received a two-thirds majority in the 193-member assembly, with 93 nations voting in favour and 24 against, while 58 countries abstained from the process. According to a statement […]
‘Budget deficit projected to hit N7.35trn’ — Buhari seeks reps’ approval for new borrowing
President Muhammadu Buhari has written to the house of representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this in a letter read by Femi Gbajabiamila, speaker of the house of representatives, on Thursday. The president said the total budget deficit […]
Terrorism trials to be conducted in secret as FHC issues new practice directions
The federal high court of Nigeria says there will be no more media coverage for cases bordering on terrorism. This was contained in the FHC’s new practice directions issued on Thursday by Catherine Christopher, the court’s chief information officer. According to the new guidelines, terrorism proceedings will be conducted in secret, except […]
Soyinka: I didn’t support Buhari in 2015 — but I said Nigerians shouldn’t vote for Jonathan
Wole Soyinka, Nobel laureate, says he did not ask Nigerians to vote for President Muhammadu Buhari in 2015. Soyinka spoke on Thursday at a media briefing in Lagos. During the build-up to the 2015 presidential election, the Nobel laureate, on several occasions, criticised the administration of the former President Goodluck Jonathan. […]