Nigeria News
Zamfara LG poll: PDP requests members’ compliance with state electoral law
The ruling Peoples Democratic Party, PDP, in Zamfara State has warned all the civil servants working in the state and the public of the necessity of complying with the constitutional provisions of the state’s electoral laws. It also stated that the electoral constitutional provision also empowered the commission to equally follow the guiding principles in […]
CNPP threatens to boycott Kogi council polls, passes no confidence vote on SIEC
The Conference of Nigerian Political Parties, (CNPP) has threatened to boycott the forthcoming local government election slated for October 19, 2024 in Kogi State. The Kogi State Chairman of CNPP, Comrade Mohammed Kabir Abdullahi disclosed this in a statement made available to journalists on Thursday. Abdullahi, who passed a vote of no confidence on the […]
NAU: Resident doctors kick against alleged exclusion from VC race
Resident doctors at Nnamdi Azikiwe University Teaching Hospital, NAUTH, have urged the Governing Council of Nnamdi Azikiwe University, Awka, to reverse the alleged exclusion of clinical lecturers from contesting for the institution’s vice chancellor. The doctors, under the aegis of the Association of Resident Doctors, ARD-NAUTH, made the call on Wednesday as a strike embarked […]
Adhere to safety guidelines – IGP tells motorists as explosion kills over 140 in Jigawa
The Inspector-General of Police, IGP Kayode Adeolu Egbetokun has commiserated with the Government and the people of Jigawa State over the unfortunate death of about 140 persons following the tanker explosion which occurred on Tuesday. DAILY POST recalls that the Majia community in Taura Local Government Area of Jigawa State was thrown into chaos on […]
Varsity workers slam FG over new negotiation committee
The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Universities and Allied Institutions, on Wednesday, condemned Tuesday’s inauguration of the renegotiation committee on the agreement between the Federal Government and university-based unions. The two unions, in a jointly signed statement, by President, SSANU, Muhammed Ibrahim and […]
NCDC records 1,025 Lassa fever cases, 174 deaths
The Nigeria Centre for Disease Control and Prevention has recorded 1,025 confirmed cases of Lassa fever out of 8,484 suspected cases between January 1 and October 6, 2024, across 28 states and 128 local government areas nationwide. The centre also recorded 174 deaths, with a Case Fatality Rate (CFR) of 17.0 per cent. This information […]
Fuel price hike: Reps warn of unrest as FG, Labour meeting deadlocked
The House of Representatives on Wednesday cautioned that the recent hike in fuel pump prices could trigger social unrest. The Green Chamber handed down the warning as a meeting between the Federal Government and labour leaders over the increase in petrol prices ended in a stalemate on Wednesday. Last week, NNPC retail outlets raised petrol […]
PDP crisis: Govs surrendered their oath, personality to one man – Atiku’s aide, Shaibu
The crisis rocking the Peoples Democratic Party, PDP, worsened late last week with suspension and counter-suspensions among members of the party’s National Working Committee, NWC. The NWC led by Umar Damagum had suspended the National Publicity Secretary, Debo Ologunagba, and the National Legal Adviser, Kamaldeen Ajibade. A few hours after the announcement, the Ajibade faction […]
LG polls: ACC warns against rigging in Abia
The Allied Conservative Congress (ACC), has vowed to resist any attempt to subvert the will of the electorate during the Abia State local government election. The Chairman of the party in Abia State, Uwalaka Onyekachi who said this in Umuahia, claimed that his party has received a classified report that the November 2 election may […]
Private security operators in FCT risks prosecution – NSCDC
The Nigeria Security and Civil Defence Corps, NSCDC, has warned that private security companies operating without registration in the Federal Capital Territory risk prosecution. The Commandant of NSCDC, Federal Capital Territory Command, Dr Olusola Odumosun stated this on Tuesday at the 6-day refresher training course for supervisors and operatives of private guards in Abuja. The […]
Business News
Naira weakens to 1,705/$ at parallel market
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator in Lagos, Aliyu Sani, told The PUNCH that he sold dollars for N1705, and bought at 1,695/$. In Abuja, the rate was lower at N1,700. […]
Nigerian Breweries adopts renewable energy
Following the rise in the cost of diesel and petrol, Nigerian Breweries Plc has signed a power purchase agreement with Konexa to adopt a 100 per cent renewable energy transition for two of its Lagos and Ama Enugu breweries. In a statement, the company explained that the step was part of the transition of the […]
NNPC still sole Dangote petrol buyer – Marketers
The Nigerian National Petroleum Company Limited is still the sole off-taker of Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery despite the recent directive of the Federal Government that other oil marketers were free to start loading PMS from the plant. Oil marketers revealed on Wednesday that NNPC would continue to be […]
United Capital grows Q3 revenue to N28bn – Report
Pan-African financial and investment services group United Capital has announced a 61 per cent growth in its gross earnings to N28.17bn at the end of the third quarter from N17.51bn in the corresponding period of 2023. The firm’s profit before tax rose by 93 per cent year-on-year to N18.73bn, as profit after tax grew by […]
CBN verifying disputed $2.4bn FX claims – Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth $2.4bn. The CBN Governor, Olayemi Cardoso, disclosed this while speaking to the business community at a special summit dinner organised by the Nigerian Economic Summit Group, on Tuesday night in Abuja. He said […]
Stanbic IBTC Holdings Sponsors Upcoming BATN Lagos Farm Fair
Stanbic IBTC Holdings, a leading financial institution in Nigeria and a member of Standard Bank Group is delighted to announce its sponsorship of the annual British American Tobacco Nigeria Foundation (BATN) Lagos Farm Fair. The event is dedicated to celebrating Lagos’s rich agricultural heritage and promising future in farming. Scheduled for Wednesday, 16 October, at the Police College […]
Access Bank, SaltinGStein Unveils Winbundle Airtime2Win
Access Bank, a leading institution in the Nigerian financial sector, has partnered with SaltinGTein to unveil Winbundle Airtime2Win on its digital platform to provide customers a chance to turn airtime purchase into a potential life-changing event. Winbundle Airtime2Win enables customers to purchase airtime via *901# and receive 70 percent airtime value and 30 percent raffle […]
Nigeria’s Offshore Oil And Gas Market To Reach $47.03 Billion By 2031
Indications are emerging to the fact that Nigeria is set to witness exponential oil and gas market growth with impressive valuation. According to report, Nigeria offshore oil and gas production market continues to thrive, with an impressive valuation of US$ 34.18 billion in 2023, and is expected to see its market expand to an estimated US$ […]
Unity Bank reaffirms commitment to customer service
The Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun, reiterated the commitment of the bank to going beyond and above in the interest of its customers. According to a release from the bank, she commended its frontline staff for effectively translating its customer service charter. She said, “This year’s theme “Above and […]
High petrol price pushes inflation to 32.70% – Report
Nigeria’s headline inflation rate for September 2024 rose to 32.70 per cent after slowing consecutively in the previous two months of July and August. This was according to the latest Consumer Price Index report from the National Bureau of Statistics. The World Bank projected that Nigeria would experience a further rise in inflation rates in […]