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FG ALLOCATED ₦628.61 BILLION TO ELECTRICITY SUBSIDY IN 2023 AMID INCREASING POWER EXPENSES

< 1 mn read In 2023, the Federal Government of Nigeria allocated a substantial ₦628.61 billion towards electricity subsidies as part of its efforts to stabilize the power sector and alleviate the economic burden on citizens. This significant financial commitment was revealed in the latest data released by the Nigerian Electricity Regulatory Commission (NERC) on Wednesday. Throughout the year, […]

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BDC OPERATORS REJECT CBN’S NEW LICENSING DIRECTIVE

< 1 mn read Bureau De Change (BDC) operators nationwide are strongly opposing the recent directive from the Central Bank of Nigeria (CBN) that requires them to reapply for licenses under new and stricter guidelines. This directive, announced on Wednesday, has raised concerns among operators regarding its alignment with global standards. The CBN states that this overhaul aims to […]

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MINISTER REPORTS MILITARY ELIMINATED 9,300 BANDITS AND INSURGENTS IN ONE YEAR

< 1 mn read On Thursday, the Minister of Defence, Muhammad Badaru, announced that the service chiefs have significantly increased their productivity, resulting in notable achievements over the past year. Speaking at the Ministerial Sectorial Update in Abuja, Badaru highlighted that the collaboration among the service chiefs and sister agencies has led to the elimination of over 9,300 bandits […]

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NYESOM WIKE: WE WILL CONSTRUCT 10,000 HOUSES FOR THE UNDERPRIVILEGED

< 1 mn read The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has pledged to initiate the construction of 10,000 houses for the masses in his upcoming budget. He criticized the high accommodation costs in the territory, noting that some businessmen who previously received free land for mass housing projects are now selling properties at exorbitant prices. […]

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BANKY W OVERJOYED AFTER SUCCESSFUL COMPLETION OF 4TH SKIN CANCER SURGERY

< 1 mn read Nigerian singer and politician, Banky W, expressed his gratitude after successfully undergoing his fourth surgery for skin cancer. On May 23, 2034, he shared a video on Instagram showcasing moments from his post-surgery recovery, with his wife Adesua Etomi-Wellington supporting him throughout. In a heartfelt caption, he offered encouragement to others facing challenges, reassuring them […]

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BREAKING: TINUBU CALLS FOR REVIEW OF GOVERNING COUNCILS LIST FOLLOWING ASUU’S REJECTION

< 1 mn read On Thursday, President Bola Tinubu called for a review of the newly announced governing boards of tertiary institutions before their planned inauguration and retreat. Last week, the Ministry of Education released a list of governing councils for 111 federal tertiary institutions, including 50 universities, 37 polytechnics, and 24 colleges of education, comprising technocrats, politicians, and […]

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“MAKINDE GREENLIGHTS HIRING OF 338 PERSONNEL INTO OYRTMA IN OYO”

< 1 mn read Oyo State Governor, Seyi Makinde, has approved the recruitment of at least three hundred and thirty-eight individuals into the Oyo State Road Traffic Management Authority (OYRTMA). This confirmation was provided by the OYRTMA Chairman, Major Adesagba Adekoya, as relayed in a statement issued and signed by the state Commissioner for Information, Dotun Oyelade, in Ibadan, […]

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“BACKLASH DIRECTED AT TEMS’ MANAGER FOR DISPARAGING NIGERIAN FANS”

< 1 mn read Tems’ manager, Muyiwa Awoniyi, faced criticism for his remarks perceived as demeaning towards Nigerian music consumers. On May 23, 2024, Awoniyi, also known as Donawon, sparked controversy on X (formerly Twitter) when he shared a post that appeared patronizing to Nigerians. In the post, believed to be aimed at Nigerian consumers, Awoniyi stated, “We are […]

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“AYRA STARR GLISTENS AT SPOTIFY LISTENING PARTY FOR HER LATEST ALBUM”

< 1 mn read Media and music industry figures converged to preview Ayra Starr’s forthcoming second album. On May 22, 2024, Spotify hosted a gathering of guests from Nigeria’s music scene for a listening session featuring Ayra Starr, the acclaimed Nigerian international artist. Held in Victoria Island, Lagos, attendees were granted an exclusive preview of tracks from Ayra Starr’s […]

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