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politics

68 Results / Page 1 of 8
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NEWS

N2.7bn fraud: Court grants Sirika, daughter, in-law N100m bail each

A Federal Capital Territory High Court, Abuja, on Thursday granted the former Minister of Aviation and Aerospace, Hadi Abubakar Sirika, bail. The court also granted his daughter, Fatimah Hadi Sirika and in-law, Jalal Hamma bail. Sirika, his daughter, son-in-law and Al-Duraq Investment Ltd, were charged to court over alleged N2.7bn fraud in connection with the botched Nigerian Air project by the Economic and Financial Crimes Commission. Before the trial judge, […]

todayMay 9, 2024 4

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NEWS

2027: Lagos PDP holds reconciliation meeting, plans to snatch Lagos from APC

Ahead of the 2027 general elections, the Lagos State Chapter of the Peoples Democratic Party has initiated plans to reconcile all warring members of the party in a bid to wrest power from the ruling All Progressives Congress in the state. This was according to a chieftain of the party, Chief Olabode George, during Tuesday night’s edition of Newsday on Arise TV. Since the poor performance of the party at […]

todayMay 8, 2024

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BUSINESS

FG woos global investors for 17 oil blocks

The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive, Nigerian Upstream Regulatory Commission, Gbenga Komolafe, told investors at the gathering that Nigeria […]

todayMay 8, 2024

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BUSINESS

Dollar speculation: FG rubbishes Binance CEO’s bribery allegation

The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m […]

todayMay 8, 2024 1

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POLITICS

Military-ruled Chad elects president today

Chadians vote for a president on Monday in an election purportedly aimed at ending military rule but dismissed by opponents of junta leader, Mahamat Idriss Deby, as a fix following violent repression. Voters will choose whether to extend decades of Deby family rule in one of the world’s poorest countries, a crucial territory in the fight against jihadism across the Sahel desert region. They have the chance to opt instead […]

todayMay 6, 2024 1

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POLITICS

Nigeria will change after eight years, support Tinubu before we die – Billionaire, Arthur Eze

Billionaire, Arthur Eze, has urged Nigerians to support President Bola Tinubu while praising his inclusive approach to governance. He made the remarks in a video widely shared on social media, which showed him donating N20m to a church. Eze said, “Tinubu has no boundary. If you go to Abuja, you will see Wike, an Igbo man as a minister. Umahi is Igbo man, as minister. No boundaries. All the types […]

todayMay 6, 2024 2

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BUSINESS

Govt borrows N11tn via bonds, T-bills in four months

The Federal Government has raised a total sum of N11tn through auctions and sales of Treasury bills and saving bonds issuance in four months, according to findings by The PUNCH An analysis of bonds and bills results issued this year by the Central Bank and the Debt Management Office showed that the government had raised N3.1trn in FGN bonds and 7.92trn in T-bills between January and April 2024, totalling N11.2trn. These […]

todayMay 3, 2024 2

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BUSINESS

Oyo nurses threaten indefinite strike, issue 14-day ultimatum

The Oyo state council of the National Association of Nigeria Nurses and Midwives has threatened to embark on an indefinite strike if their demands are not met in 14 working days. The council in a letter addressed to Governor Seyi Makinde on Thursday, May 2, 2024, stated that the resolution was made after its state executive council meeting held on Tuesday on issues affecting the welfare and career progression of […]

todayMay 3, 2024 1

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BUSINESS

Govt palliative worsening food inflation, says Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation in the country. He stated this in his contributions during the March Monetary Policy Committee, which was published on the website of the CBN. The MPC increased the benchmark interest rate to 24.75 per cent, from 22.75 per cent. The […]

todayMay 3, 2024

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