Coalition against APC: Nigeria’s opposition parties in disarray

A move to present a united front against Nigeria’s ruling All Progressives Congress, APC, has thrown major opposition parties into disarray, checks by us was revealed. On Thursday, 7th December, 2023, reports emerged that seven opposition political parties have come together to form

Oyo APC faults Makinde’s 2024 budget proposal

The All Progressives Congress in Oyo State, on Monday, described the 2024 budget proposal of Governor Seyi Makinde as defective and unrealistic. The reports that Makinde had, last Tuesday, presented a budget proposal of N434.2bn tagged “Budget of Economic Recovery” to the state

Enugu police arrest four suspects with locally-made pistol, others

Police in Enugu State say they recovered locally-fabricated arms and ammunition from suspected criminals in the last two weeks. The recovered ATM cards are believed to have been used by the suspects to defraud bank customers whose cards were stolen or switched by

CBN suspends processing fees on large cash deposits

The Central Bank of Nigeria has suspended the processing fees on large cash deposits, a release by the Acting Director of Supervision, Dr Adetona Adedeji, on Monday revealed. The new development under the “Guide to Charges by Banks, Other Financial Institutions, and Non-Bank

Governor Bello presents 2024 budget of N258.2bn to Kogi Assembly

The Kogi State Governor, Yahaya Bello, on Monday, presented a 2024 appropriation bill of N258,278,501,339.00 to the Kogi State House of Assembly. This will be the last budget Governor Bello will be presenting before the hallowed chamber, following the end of his tenure

Manufacturing sector bleeds as forex loss rises 400% to N466bn

The manufacturing sector suffered a 400 percent increase in net foreign exchange loss to N466 billion in nine months ending September, reflecting the severe impact of the foreign exchange market regime. Sector operators said the current forex situation has compounded the pressures emanating

Mixed trend, profit taking trail stock market ahead of Yuletide

Despite profit-taking activities and mixed trend experienced last week, the stock market edged slightly higher by 0.17%, as investors trade cautiously ahead of the Yuletide. The market was driven by increased investors’ demand for Access Corporation, which gained 12.2% followed by Ecobank Transnational

Oseni advocates innovative finances to tackle funding issues

Wema Bank’s MD/CEO, Moruf Oseni has stressed the need to provide a platform to address fundamental issues impacting Micro, Small and Medium Enterprises (MSMEs) and Women in Nigeria, while also focusing on climate issues. Oseni, spoke at the Bank’s Donor Roundtable, tagged: “Innovative

Appreciate military personnel’s sacrifices, Naval chief tells Nigerians

The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, has said personnel of the Nigerian Armed Forces and their families should be appreciated for their services and commitment towards securing the country. He noted that spouses and families of personnel should be appreciated,

Dangote refinery: Diesel, JetA1 hit market January, petrol delayed

The Dangote Petroleum Refinery is set to start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024, while the production of Premium Motor Spirit, popularly called petrol, is being delayed by the supply of crude oil