Supreme Court to Rule on Controversial Federal Acts in States vs. EFCC Case
On October 8, 2024, the Supreme Court of Nigeria commenced hearings in a significant case that could reshape the legal landscape of the country. The case, titled Kogi AG and 16 Others v. AGF, challenges the constitutionality of several federal acts, including the Economic and Financial Crimes Commission (EFCC) Act. The court has adjourned the […]
NNPC Increases Petrol Price by 15% to N1,030 per Litre in Abuja and N998 in Lagos
The Nigerian National Petroleum Company Limited (NNPC) has raised petrol prices once again, with a new pump price of N1,030 per litre in Abuja and N998 per litre in Lagos. This marks a 15% increase from the previous prices, which were N897 in Abuja and N615 earlier in September. This price adjustment is the second […]
Detailed Reason NNPCL Increased Fuel Pump Price Again – Marketers
Petroleum marketers have provided insight into why the Nigerian National Petroleum Company Limited (NNPCL) recently raised the fuel pump prices to N1,030 per liter in Abuja and N998 per liter in Lagos, sparking public concerns. The marketers say the increase is directly linked to the Nigerian government’s full removal of fuel subsidies on Premium Motor […]
Benue: Rep Ojema Raises Alarm Over Armed Herders Occupying 20 Communities
The situation in Benue State has reached a critical point, with armed herders reportedly occupying 20 communities in the Agatu Local Government Area. Pastor Ojotu Ojema, the representative for the Apa/Agatu federal constituency in the House of Representatives, has issued a passionate plea for the Nigerian military to intervene and restore peace to the region. […]
Nigeria is in a Desperate Situation, Worse Than in 1984 – ASUU
In a stark warning about the state of the nation, Prof. Emmanuel Osodeke, the President of the Academic Staff Union of Universities (ASUU), has declared that Nigeria is in a “hopeless state,” worse than it was in 1984. These comments were made during the 2024 ASUU State of the Nation Conference held in Abuja. The […]
NSA Ribadu Acknowledges Aminu Ado Bayero as Emir of Kano Amidst Ongoing Dispute
At a public event in Abuja on October 4, Nuhu Ribadu, the National Security Adviser (NSA) to President Bola Tinubu, addressed Aminu Ado Bayero as the Emir of Kano. Ribadu, who was representing the president at the inaugural international lecture hosted by the News Agency of Nigeria (NAN), referred to Bayero as “the Emir of […]
Minister of Power Adebayo Adelabu: Nigeria’s Electricity Prices Remain the Lowest in Africa
In a recent announcement, Adebayo Adelabu, Nigeria’s Minister of Power, asserted that the country has the lowest electricity prices among African nations. This statement came during a meeting on October 3 with Tosin Adeyanju, the Secretary of the Lottery Trust Fund, held at the Minister’s office in Abuja. Adelabu’s remarks highlight a significant aspect of […]
CBN Launches Electronic System for Foreign Exchange Transactions to Reduce Speculation and Market Distortion
The Central Bank of Nigeria (CBN) is taking a bold step to enhance the foreign exchange (FX) market with the introduction of the Electronic Foreign Exchange Matching System (EFEMS). This new electronic platform aims to bring greater transparency, efficiency, and governance to FX transactions, addressing many of the challenges currently facing the market. The EFEMS […]
Universities on the Brink – ASUU Laments Monthly Electricity Bills of N200m to N300m
The education sector in Nigeria is facing a significant crisis as public universities are being overwhelmed by soaring electricity bills. According to the Academic Staff Union of Universities (ASUU), many institutions are on the brink of collapse, unable to sustain basic operations due to the high cost of electricity. During a two-day national conference held […]
Abike Dabiri-Erewa Urges Nigerians to Avoid Moving to Countries Worse Than Nigeria
Abike Dabiri-Erewa, the Chairman of the Nigerians in Diaspora Commission, has warned Nigerians about the dangers of migrating to countries that are in worse conditions than Nigeria. In a video posted on X (formerly Twitter), she asked Nigerian influencers and bloggers to help spread this message and educate people about the risks of fleeing to […]