Lawmakers, religious leaders, United States Department officials, and witnesses were divided in their views as the United States House Foreign Affairs Subcommittee on Africa on Thursday held an open hearing on President Donald Trump’s redesignation of Nigeria as “Country of Particular Concern” over alleged Christian genocide. Following the redesignation, the President threatened that the US […]
The Nigerian equities market yesterday extended its downturn, as capitalisation declined further by N292 billion, amid price depreciation in 38 stocks. At the close of trading yesterday, the All Share Index (ASI) lost by 458.98 points, representing a loss of 0.32 per cent to close at 144,187.03 points. Also, market capitalization declined by N292 billion […]
In a dramatic proceeding that lasted for over seven hours, Justice James Omotosho of the Federal High Court, Abuja, on Thursday, sentenced the leader of the Indigenous People of Biafra, Nnamdi Kanu, to life imprisonment following his conviction on all seven counts of terrorism charges preferred against him by the Federal Government. But in a […]
The National Secretary of the African Democratic Congress, Rauf Aregbesola, has urged Nigerians to embrace the party, saying that when it forms government, it will end banditry and other violent crimes. Aregbesola stated this in Ilesa, Osun State, shortly after his ADC membership card was revalidated on Wednesday. This was contained in a statement signed […]
Olusegun Awolowo, a grandson of the late Chief Obafemi Awolowo, has died. The Awolowo family announced his passing on Thursday. He was 62. “With extremely heavy hearts, we announce the passing of our beloved husband, father and grandfather, Olusegun Awolowo,” the statement read. The family described him as “the world’s most phenomenal husband, father and […]
President Donald Trump said Monday he will talk to Venezuela’s Nicolas Maduro, as Washington’s military buildup stokes tensions, and added that he would be “OK” with US anti-drug strikes inside Mexico. Trump has dramatically increased the number of US forces in the Caribbean region to tackle what he calls drug traffickers based in a number […]
President Bola Tinubu has affirmed that various reforms, targeted at strengthening the economy and relevant institutions, will secure the future for Nigerian youths and empower them with skills that will make them globally competitive. The President, who received the Duke of Edinburgh, Prince Edward, at the State House in Abuja on Monday, noted that youths […]
The Lagos State Commissioner for Finance, Yomi Oluyomi, says the state has made history with the conclusion of the bookbuild for its landmark bond issuance that has recorded an overwhelming reception from the investment community. In a statement on Monday, Oluyomi explained that the state offered a N200bn Conventional Bond and a N14.8bn Green Bond, […]
Governor Bassey Otu of Cross River State has dissolved the Board of the Local Government Service Commission following confirmed reports of employment racketeering and alleged abuse of office during the Commission’s recent recruitment exercise. The decision was contained in a statement issued by the Chief Press Secretary to the Governor, Linus Obogo, and made available […]
Nigeria and the United Nations (UN) have signed a new Regional Partnership for Democracy (RPD), a framework aimed at improving elections, addressing political instability and strengthening democratic institutions across West Africa. Speaking yesterday at the signing ceremony in Abuja, the Minister of Foreign Affairs, Yusuf Tuggar, said the initiative reflected Nigeria’s commitment to building a […]
