The Federal Government of Nigeria has given telecommunication companies operating in the country approval to hike their calls and data tariff by no more than 60%. The Minister of Communications and Digital Economy, Bosun Tijani, made this known while appearing as a guest on Channels Television’s Politics Today on Wednesday night, January 15, 2025. He…
Operatives of the Onipanu Division of the Ogun State police have arrested a 59-year-old security guard, identified as Olaitan Matthew, for allegedly stealing electric motor parts belonging to a company he works for. Matthew, who works as a security guard at the company located in Tomori, Animashaun Estate, in the Ota area of the state,…
The Nigerian currency, the naira, in apparent reaction to the soaring inflation figures slumped marginally against the dollar at the official window on Wednesday, January 15, 2025. Earlier on Wednesday, the National Bureau of Statistics (NBS) disclosed that Nigeria’s inflation rate surged to 34.80 per cent in December, up from 33.60 per cent in November…
Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to new data obtained from the Nigerian Upstream Petroleum Regulatory Commission. The data showed that Nigeria produced a total of 408,680,457 barrels of crude oil in 2024. With condensate included, total oil production for 2024 was 566.79 million barrels, NUPRC data added. According to…
The Nigeria Police Force spokesperson, ACP Olumuyiwa Adejobi, has insisted that it is illegal for operatives on routine patrol and stop and search responsibilities to inspect citizens’ phones. Recall that the Force earlier banned its operatives from the illegal searches on the phones. This was announced in a statement released by the Edo…
A Netherlands citizen, Gibson Reuben, drowned when his vehicle plunged into the Aleto-Eleme River while attempting to escape from his abductors on Monday night. The deceased was the Managing Director of the Rivers State Cassava Project Limited in Rivers State. The spokesperson for the state police command, Grace Iringe-Koko, confirmed the incident in a statement…
The police in Ogun state on Monday January 13, arrested two young men identified as Opeyemi Ibrahim and Dimeji Bakare, for allegedly obtaining goods under false pretences from one Christopher Chukwuma of Ijebu North Local Government Area. The two young men said to be without reasonable means of income, were apprehended while allegedly…
A United States District Court, Northern District of Texas, Dallas Division has dismissed Ambassador Lilian Onoh’s defamatory suit against Sahara Reporters Media group, INC., Sahara Reporters, INC., and Comrade Omoyele Sowore for lack of subject- matter jurisdiction. Judge Jane J. Boyle granted the Defendants’ motion to dismiss and subsequently dismissed Onoh’s complaint without prejudice…
The Nigerian equities market continued to experience bearish sentiment as investors lost N930.62 billion at the close of trading on Wednesday. This followed the dip in the share prices of stocks like UNIVERSAL INSURANCE, DANGOTE CEMENT, and JOHN HOLT amongst others on the trading floor. After five hours of trading at the capital market, the…
Vice President Kashim Shettima on Wednesday, January 15 represented President Bola Tinubu as Special guest of honour at the National Arcade, the finale venue of the 2025 Armed Forces Celebration and Remembrance Day parade in Abuja. Dignitaries at the ceremony in Abuja include Vice President Shettima led by the Commander Guards Brigade, the Chief of…
