NAF begins probe of ‘accidental airstrikes’ on civilians
The Nigerian Air Force (NAF) says it has commenced investigation into alleged accidental airstrikes on civilians during military operations in the country. Oladayo Amao, chief of air staff, while speaking on Thursday at the 2022 Air Operations Seminar held in Uyo, the Akwa Ibom capital, said the investigation will enable accountability. The […]
Sanwo-Olu presents N1.69trn 2023 budget, says Lagos is a national asset
Babajide Sanwo-Olu, Lagos governor, has presented the 2023 budget to the state house of assembly. The N1.69 trillion ‘budget of continuity’ was presented to the house of assembly on Thursday. According to the breakdown given by the governor, capital expenditure will take N932 billion — representing 55 percent of the total budget […]
Abuja mall shuts down over security concerns — days after US, UK terror alerts
A mall located in the Jabi district of the federal capital territory (FCT) has shut down operations over security concerns. The closure of the Jabi Lake Mall came days after the US warned its citizens about the possibility of terror attacks in Abuja, the country’s capital city. The federal government subsequently assured […]
PHOTOS: Umahi, Ayade, Ikpeazu meet with Wike in Rivers
Ben Ayade, governor of Cross River, and his Ebonyi counterpart, David Umahi, met with Nyesom Wike, governor of Rivers, on Wednesday evening. Ayade and Umahi are members of the All Progressives Congress (APC) while Wike belongs to the Peoples Democratic Party (PDP). The meeting, which was held in Port Harcourt, the capital […]
NDLEA freezes N20bn in 103 bank accounts owned by ‘billionaire drug baron’
The National Drug Law Enforcement Agency (NDLEA) has seised N20bn stashed in 103 bank accounts belonging to Afam Ukatu, chairman of Mallinson group of companies. Speaking with TheCable on Thursday, Femi Babafemi, NDLEA spokesperson, said a Post No Debit order was made by the court on all his accounts in August 2022. […]
Nigeria signs MoU with Daewoo for rehabilitation of Kaduna refinery
The Nigerian National Petroleum Company (NNPC) Ltd has signed a memorandum of understanding (MoU) with Daewoo Group, a South Korean conglomerate, for the rehabilitation of the Kaduna refinery. According to a statement by Femi Adesina, special adviser to the president on media and publicity, the agreement was signed on the sidelines of the […]
‘Aggressive spending, worsening FX crisis’ — how CBN’s naira redesign will affect economy
The Central Bank of Nigeria (CBN), on Wednesday, announced that it redesigned some new naira notes. Speaking on the development, Godwin Emefiele, CBN governor, said the circulation of the new designs begins on December 15, 2022. According to Emefiele, the new notes include N200, N500, and N1000. The CBN governor said […]
How ‘DSS, US soldiers arrested suspected terrorist’ in Abuja estate
Adewale Adenaike, chairman of phase 3, Trademore Estate, federal capital territory (FCT), has narrated how officers of the Department of State Services (DSS) and some American soldiers arrested a suspected terrorist in his community. Adenaike said the security operatives closed down the estate gates on Monday to stop vehicular movements. The community […]
Newspaper Headlines: Nigeria eyes $1.3bn trade with South Korea
Reports on the plans of the Central Bank of Nigeria (CBN) to redesign the naira notes dominated the front pages of Nigerian dallies on Thursday. Source: Top Stories
LP updates presidential campaign council list, expands membership
The Labour Party (LP) has released an updated list of its presidential campaign council for the 2023 elections. On October 12, the LP had released a campaign council list, which was later retracted after concerns were raised, while the party later said the list had “errors and omissions”. Hours after the list […]