President Bola Tinubu said, on Sunday, that Nigeria would have gone bankrupt if his administration had not discontinued fuel subsidy payments. He said though the policy came with economic pains, it was in the best interest of Nigerians. Tinubu spoke…
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent…
Delta State Police Command has recovered a total of 12 stolen vehicles at their points of sale in Delta, and Edo states respectively. The recovery was due to the arrest of a carjacker, Dickson Omage, age 47years of Post Office…
A former Bayelsa East senator, Biobarakuma Degi-Eremienyo, has appealed to the police authorities to recall officers deployed to Opu-Nembe Bassambiri in Bayelsa State for the state’s November 2023 governorship election. The ex-lawmaker, during a press briefing in Abuja, said the…
The Rivers State Commissioner of Police, CP Olatunji Disu and the command are mourning a Police Inspector, Sunday Baba, who was shot dead by unknown assailants on Wednesday night under unclear circumstances. Disu had in a post on his X-handle…
Many filling stations were closed in Abuja and about five other states on Wednesday as the scarcity of Premium Motor Spirit, popularly called petrol caused heavy queues at the few outlets that dispensed the product. Thousands of commuters in the…
Nigeria Unveils New Fiscal Incentives To Revive Oil and Gas Industry, Targets $10 Billion Investment
The federal government on Tuesday officially launched a new set of fiscal incentives to rejuvenate Nigeria’s ailing oil and gas industry, stressing that it aims to attract about N10 billion in investment between the next 12 months to 18 months.…
Some youth groups across the Niger Delta region have endorsed the Niger Delta Development Commission’s (NDDC) Holistic Opportunity Projects of Engagement (HOPE). This was done during a robust engagement between Project HOPE handlers and all youth bodies in the Niger…
Some aggrieved members of the Sports Writers Association of Nigeria, SWAN, Bayelsa State chapter, on Tuesday distance themselves from China Acheru’s three-man caretaker committee. SWAN National Ex Officio and National Officer, Mr China Acheru, who was to supervise the botched…
The Rivers State House of Assembly passed the Rivers State Local Government (Amendment) Bill into law on Monday by overriding the assent of Governor Siminalayi Fubara. The House, led by its Speaker, Hon Martin Amaewhule, made the decision at its…