(AFRICAN EXAMINER) – The Nigerian equity market closed the week on a positive note on Friday, with investors gaining N157 billion. Specifically, the Nigeria Exchange Ltd. (NGX) market capitalisation, which opened at N60.104 trillion, gained N157 billion or 0.26 per cent to close at N60.261 trillion. The All-Share index also added 0.26 per cent or […]
(AFRICAN EXAMINER) – The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has disclosed plans to begin development of the FCT Administration’s permanent secretariat in Garki, Abuja. Wike made the disclosure during the inauguration of the development of Arterial Road N5 from Life Camp Junction to Ring Road III, in Abuja on Friday. […]
(AFRICAN EXAMINER) – President Bola Tinubu has commiserated with the family, friends and associates of former chairman of the National Electoral Commission (NEC), Prof. Humphrey Nwosu, who died in a US hospital on Thursday. This was contained in a statement issued on Friday and signed by Special Adviser to the President, Information and Strategy, Mr. […]
(AFRICAN EXAMINER) – The federal government on Friday withdrew all six-count charges against an Abuja-based online newspaper, Order Paper, and nine officers of the media organization. Director-General of the Department of State Security (DSS), Mr. Tosin Adeola Ajayi advised the federal government to withdraw the charges. It emerged Thursday that the Federal Government had sued […]
(AFRICAN EXAMINER0 – Members of the Joint Health Sector Unions and Assembly of Health Care Professionals (JOHESU) have declared a seven-day warning strike, commencing from midnight on Friday (today). The latest strike comes after a fifteen-day notice of industrial action issued to the Federal Government. While addressing journalists in Abuja, the national chairman of the […]
(AFRICAN EXAMINER) – The Federal Ministry of Aviation and Aerospace Development has approved bid by the Kogi State Government to build an International Airport in Zariagi. The State Commissioner for Information and Communications, Kingsley Fanwo, said the approval was conveyed in a letter by the Federal Ministry of Aviation and Aerospace Development, dated 9th October, […]
(AFRICAN EXAMINER) – Russia’s central bank hiked interest rates to 21 per cent on Friday, taking borrowing costs to their highest level in more than 20 years as Moscow’s Ukraine offensive has triggered rapid price rises at home. The rise takes rates above an emergency level introduced in February 2022 — just after Moscow ordered […]
(AFRICAN EXAMINER) – Citizens for Development and Education (CDE) has called on President Bola Tinubu to ensure that the rule of law is upheld in the face of rising concerns over the integrity of the judiciary, particularly following a recent Federal High Court ruling in Kano that has sparked public outcry. The organisation, which consists […]
(AFRICAN EXAMINER) – President Bola Tinubu has expressed his condolences to the Nigerian National Petroleum Company Board, its staff, and the families affected by the recent helicopter crash off the coast of Bonny Finima in Port-Harcourt. In a statement released by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on Friday, President […]
(AFRICAN EXAMINER) – Olusegun Obasanjo, former president, has frowned at Nigerian leaders who take over office without a clear plan of action. In an interview on News Central Television, Obasanjo berated presidents who have no understanding of problems and challenges. The former Nigerian leader did not mention names but he stated that a president should […]
(AFRICAN EXAMINER) – Former Nigerian President, Olusegun Obasanjo has lamented that the size of debt being owned by the country, years after he left office in 2007 is intimidating. Obasanjo, while speaking on Thursday in an exclusive interview with Kayode Akintemi of News Central Television, stated that he left as president about $70 billion, including […]
(AFRICAN EXAMINER) – The Confederation of African Football, CAF, has nominated a 10-man shortlist for the 2024 Player of the Year. The list was posted on CAF’s social media pages on Thursday. The nominees are Nigeria’s striker, Ademola Lookman and skipper, William Troost-Ekong. Others on the list include: Achraf Hakimi (Morocco, PSG), Simon Adingra (Cote […]
(AFRICAN EXAMINER) – Vice President Kashim Shettima’s trip to Samoa to represent Nigeria at the 2024 Commonwealth Heads Of Government Summit has been canceled after a foreign object hit his plane during a stopover at JFK Airport in New York. According to a statement issued on Thursday and signed by Special Adviser to the President, […]
(AFRICAN EXAMINER) – President Bola Tinubu has restricted Ministers, Ministers of State, and Heads of Agencies of the Federal Government to a maximum of three vehicles in their official convoys. No additional vehicles would be assigned to them for movement. The cost-cutting measure was announced today in a statement signed by the President. A statement […]
(AFRICAN EXAMINER) – Kogi State governor, Usman Ododo, has called for the payment of 13 percent derivation from the federation account considering the status of the state as an oil-producing state. Ododo stated this when he visited the Minister of Petroleum Resources (Oil), Heineken Lokpobiri, at his office on Thursday in Abuja saying that Kogi […]
(AFRICAN EXAMINER) – The Minister of Aviation, Festus Keyamo has confirmed the helicopter accident that happened near Port Harcourt on Thursday, October 24 which involved a Sikorsky SK76, which crashed into the Atlantic Ocean at around 11:22 am. It could be recalled that the helicopter, operated by East Wind Aviation, was on its way from […]
(AFRICAN EXAMINER) – President Bola Tinubu on Thursday reassured that past mistakes, such as neglecting livestock farming and relying on dairy imports, would be avoided. Speaking while declaring open a two-day Consultative Workshop on Livestock Reforms at the State House Conference Centre, Tinubu pledged a robust framework to stimulate prosperity in the sector, instilling confidence […]
(AFICAN EXAMINER) – Enugu State governor, Dr Peter Ndubusi Mbah has approved the sum of 80,000 naira as the minimum wage for Enugu workers, effective from October 2024. He disclosed this at the government house Thursday, while receiving the report of the committee set up to look into the minimum wage issue in the state. […]
(AFRICAN EXAMINER) – Nigerian Breweries Plc has posted N703 billion revenue generation for the third quarter ended Sept. 30, 2024. This indicates 75 per cent growth, when compared with N402 billion, recorded in the corresponding period of 2023. The Managing Director, Nigerian Breweries Plc, Mr Hans Essaadi, said this in the company’s unaudited results sent […]
(AFRICAN EXAMINER) – The Senate has received a request from President Bola Tinubu for the confirmation of the appointments of seven ministerial nominees announced on Wednesday. President Tinubu’s request seeking expeditious consideration of the requests was contained in a letter addressed to Senate President Godswill Akpabio who read it at the commencement of the plenary […]
