Oil price rises to $77 a barrel — first time in six weeks
Oil prices rose marginally on Friday amid supply concerns in the global oil market. Brent crude rose by 1.7 percent to reach $77 a barrel — the first time since May 24. The US West Texas Intermediate crude, meanwhile, gained two percent to hit $73 a barrel. Earlier in the week, […]
Subsidy removal: Taraba declares free education for primary, secondary school students
Kefas Agbu, governor of Taraba, has declared free education in all government primary and secondary schools in the state. Kefas, who spoke while on an assessment tour of primary and secondary schools in Wukari, his home town, said the policy takes effect from the next academic session. The governor said the decision […]
‘His legacy endures’ — Tinubu pays tribute to MKO Abiola on 25th death anniversary
President Bola Tinubu has showered encomiums on the late MKO Abiola, saying that his legacy lives on. Abiola, the acclaimed winner of the 1993 presidential election, died in military detention on July 7, 1998. Marking the 25th anniversary of his death on Friday, Tinubu described the late Abiola as a “champion of […]
Bulkachuwa asks court to stop ICPC from probing him for ‘influencing wife’s decisions’
Adamu Bulkachuwa, a former senator, has filed a suit at the federal high court in Abuja, seeking to stop the Independent Corrupt Practices and Other Related Offences Commission (ICPC) from investigating him. On June 10, the former senator, while speaking at the 9th senate valedictory session, said Zainab Bulkachuwa, his wife, used her […]
After TheCable’s report, senate probes suspicious consultancy deal orchestrated by ex-minister
The senate on Thursday resolved to investigate a consultancy agreement facilitated by Zainab Ahmed, former minister of finance, for a questionable gas deal. The resolution of the upper legislative chamber was sequel to a motion sponsored by Aniekan Bassey, senator representing Akwa Ibom north-east. TheCable had reported how the arrangement – a […]
‘Democracy will get stronger in Africa’ — Tinubu praises Macky Sall for not seeking third term
President Bola Tinubu has commended Macky Sall, the president of Senegal, over his decision not to seek a third term in office. On Tuesday, Sall announced that he will not run for another term in next year’s election. He became the president in 2012 after defeating Abdoulaye Wade, a former president. […]
FULL LIST: Adeleke names commissioner nominees, includes Aregbesola’s ex-aides
The Osun house of assembly has received the list of nominees of commissioners and special advisers from Ademola Adeleke, the state governor. Adewale Egbedun, speaker of the Osun assembly, read the governor’s letter containing the names, during plenary on Friday. An ad-hoc committee was established to screen the nominees and send […]
Tinubu sets up committee on tax reforms, names Taiwo Oyedele chairman
President Bola Tinubu has approved the establishment of a presidential committee on fiscal policy and tax reforms. Taiwo Oyedele, fiscal policy partner and Africa tax leader at PriceWaterhouseCoopers (PwC), has been named as the chairman of the committee. Dele Alake, special adviser to the president on special duties, communications and strategy, announced […]
Money laundering: Be wary of transactions from Cameroon, Vietnam, CBN tells banks
The Central Bank of Nigeria (CBN) has asked banks and other financial institutions to pay particular attention when conducting transactions with businesses and individuals in certain countries. The countries specified by the apex bank include Cameroon, Croatia and Vietnam. The directive is contained in a circular released on Thursday and signed […]
Newspaper Headlines: Senate probes concession of Abuja, Kano airports by Buhari’s government
The suspension of the 5 percent excise duty on telecommunication services and other tax waivers by President Bola Tinubu, dominate the front pages today. Source: Top Stories