Senator Orji Kalu, representing Abia North, revealed that President Bola Tinubu personally monitors the conditions in the Federal Capital Territory (FCT), moving around Abuja to observe Nigerians’ struggles. Speaking on Channels Television’s Politics Today, Kalu highlighted that Tinubu is deeply aware of the hardships, describing him as “a street person” familiar with the ground realities. “The president himself knows that Nigerians are suffering and hungry. He is a street person; he knows the street very well,” Senator Kalu said. He continued: “The president some nights uses his car to go around and know what is happening in Abuja here.” This…
Author: Akintayo Adams
The naira depreciated further against the dollar, weakening to ₦1660.49 per dollar on Thursday from ₦1659.69 on Wednesday. In three days, it has lost ₦107.5. In the black market, it remained at ₦1705 per dollar. Despite efforts by the Central Bank of Nigeria (CBN) to stabilize the naira, the currency remains volatile. CBN Governor Olayemi Cardoso highlighted that a weak naira could benefit the country if investments are made, while the World Bank noted the naira as one of Africa’s worst-performing currencies. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
The Kenyan Senate has impeached Deputy President Rigathi Gachagua after a vote held on Thursday evening. Despite a plea from Gachagua’s lawyer, Paul Muite, to delay the proceedings due to the deputy president’s hospitalization, the Senate proceeded with the vote. Gachagua, who faced 11 charges, was impeached on five counts, including undermining the judiciary and gross misconduct. His impeachment marks the first time a Kenyan deputy president has been removed from office. A total of 281 MPs voted in favor of his ouster. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
The Nigerian government has confirmed that fuel and foreign exchange (FX) subsidies are permanently removed, according to Finance Minister Wale Edun. During a presentation by the World Bank in Abuja, Edun emphasized that these policies had heavily burdened Nigeria’s economy, draining over ₦10 trillion, equivalent to 5% of the country’s GDP. “Fuel and FX subsidies are extinguished,” he said. To address economic challenges, the government is launching a new plan focusing on housing finance to boost construction and create jobs. “The government expects this approach to boost construction activities and generate significant job creation. “The plan will be anchored around…
Aliko Dangote’s wealth has surged from $13 billion to $27.8 billion following the commencement of operations at his newly built refinery in Lagos. The Dangote Refinery began distributing refined petrol to the Nigerian National Petroleum Corporation Limited (NNPCL) in September 2024, significantly boosting Dangote’s fortune despite earlier setbacks in his valuation. The refinery’s progress had been slowed by disputes over the sale of Premium Motor Spirit (PMS). This new ranking marks the highest position Dangote has reached in terms of wealth. Other Africans on the list are: South Africa’s Natie Karsh, number 297 in the world with a wealth of…
The Joint Admissions and Matriculation Board (JAMB) announced that universities and tertiary institutions in Nigeria can admit candidates who turn 16 by August 31, 2025. This is for the 2024/2025 academic session, provided they meet the institution’s requirements. This update follows earlier deliberations where the minimum admission age was set at 16 for the session, with a previous cut-off date of December 31, 2024. “This effort is to ensure equity because those whose 2024 admission would last till August 2025 would not be unduly favoured. Any institution that insists on its 16 years being within the year 2024 is completely…
The Israel Defense Forces (IDF) confirmed the death of Yahya Sinwar, the Hamas terror leader, following an airstrike on Gaza. The IDF initially reported investigating whether Sinwar was among those killed but later confirmed through its official X (formerly Twitter) account that Sinwar, aged 61, had been eliminated. Sinwar was considered a key figure behind the Hamas-led October 7 massacre of Israeli civilians. His death marks a significant blow to Hamas’ leadership amid the ongoing conflict. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
There was panic on Thursday morning in Benin City, Edo State, when a Compressed Natural Gas (CNG) powered vehicle exploded at the NIPCO filling station along the Benin-Auchi Expressway. Videos circulating online show the damaged vehicle as bystanders ran for safety following the loud blast. Three individuals were reported injured and taken to a private hospital for treatment. This incident raises concerns about the safety of converting petrol-powered vehicles to CNG, a measure promoted by the Federal Government to lower transportation costs post-fuel subsidy removal. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
The Confederation of African Football (CAF) has officially announced the final three-man shortlist for the prestigious CAF Player of the Year award. The football governing body has shortlisted Nigerian stars Ademola Lookman and Victor Boniface, along with Moroccan midfielder Brahim Diaz, as finalists for Africa’s most prestigious football award. Ademola Lookman had a standout season, contributing to Atalanta’s UEFA Europa League victory and earning their Player of the Year title. Boniface was crucial to Bayer Leverkusen’s success in the Bundesliga and other competitions. Meanwhile, Brahim Diaz played was a beneficiary of Real Madrid’s triumphs in La Liga and the UEFA…
Pocket Food, a fast-growing food service company expanding into new markets is seeking applications from interested and competent individuals for the post of a Customer Engagement Assistant. If you’re passionate about engaging with customers, gathering insights, and supporting market expansion, this role is for you! Apply || Finance Intern at LifeBank Role: Customer Engagement Assistant Location: Ibadan, Oyo state Key Responsibilities:- Identify and engage potential customers in Oyo State.- Communicate with leads via phone, email, or in person.- Assist with simple market research and local business visits.- Provide feedback and suggestions to Pocket Food’s team. Compensation- Base Salary: ₦80,000/month- Performance-Based…