Akeredolu sacks deputy’s media aides
Rotimi Akeredolu, governor of Ondo, has sacked the media aides attached to the office of Lucky Aiyedatiwa, his deputy. The development comes amid an alleged rift between Aiyedatiwa and Akeredolu. On Thursday, Akeredolu returned to Nigeria after a three-month medical leave in Germany. His deputy was acting in his stead while […]
Brent crude hits $92 a barrel — first time since November 2022
Oil price, on Friday, edged up to over $9o a barrel for the first time since November 2022. Brent crude, the global oil benchmark, increased by 1.69 percent to $92.23 a barrel, while US West Texas Intermediate jumped 2.02 percent to $89.05 a barrel at 16.46 WAT. Last week, Brent reached $89 […]
US house of reps to open Biden impeachment inquiry
Kevin McCarthy, speaker of the United States house of representatives, says a formal impeachment inquiry will be opened about President Joe Biden. McCarthy, who spoke on Tuesday, said the inquiry would focus on “allegations of abuse of power, obstruction and corruption” by the president. The speaker’s announcement comes amid months of pressure […]
Fashola: I don’t need a title to serve in Tinubu’s government | We must play our roles
Babatunde Fashola, former minister of works and housing, says he does not need an office to serve in the government of President Bola Tinubu. Fashola spoke with NAN on Tuesday at the Lagos State University shortly before he delivered a keynote address at the institution’s fifth research and innovation fair. The former […]
OPEC: Nigeria now second largest producer in Africa as oil output rises to 1.18m bpd
The Organization of the Petroleum Exporting Countries (OPEC) says Nigeria’s oil production increased to 1.18 million barrels per day (bpd) in August 2023 — up from 1.08 million barrels in July. In its monthly oil market report released on Tuesday, the oil cartel said Nigeria fell behind Libya on the list of Africa’s […]
‘I’m not witch-hunting anybody’ — Abiodun speaks on demolition of Datkem plaza
Dapo Abiodun, governor of Ogun, says he is not being “vindictive” regarding the partial demolition of Datkem Plaza. Abiodun spoke on Monday during the inspection of the reconstruction of Mowe-Ofada road in the Obafemi-Owode LGA of the state. Datkem Plaza is a building owned by Olufunke, wife of Gbenga Daniel, former governor […]
Frantic search for survivors continue as Morocco earthquake death toll nears 3,000
Rescue teams are racing against the clock to find survivors from the rubble of the devastating earthquake that tore through Morocco on Friday — but hope is fading. On Tuesday, officials pegged the number of casualties at 2,800 while the United Nations Children’s Fund (UNICEF) said about 100,000 children have been affected. […]
Tinubu directs probe into recurring boat mishaps in Nigeria
President Bola Tinubu has ordered an investigation into recurring boat accidents in the country. The president gave the order to maritime safety authorities following two recent boat accidents in Adamawa and Niger states that claimed many lives. At least 24 persons died after a boat capsized in Gbajibo, Mokwa area of Niger, […]
Thousands feared dead, missing as flood ravages Libya
Nearly 3,000 have died and around 10,000 are feared missing after massive floods ravaged parts of eastern Libya. Major parts of the city of Derna — home to approximately 100,000 people — were swept away on Sunday after Storm Daniel, an extremely deadly Mediterranean tropical-like cyclone, collapsed two dams. […]
BREAKING: CBN stops banks from utilising naira devaluation gains
The Central Bank of Nigeria (CBN) has asked deposit money banks (DMBs) to stop utilising gains from the revaluation of the naira to pay dividends or finance operations. CBN said a review of the foreign exchange regime change showed the DMBs are in a position to profit from the policy because of its […]