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Woman Jumps from Moving Boat into River in Lagos

A woman traveling from Igando in Lagos State to Ogun reportedly jumped into the river from a moving boat, according to police authorities. SP Benjamin Hundeyin, the Police Public Relations Officer, confirmed on Sunday evening, stating that rescue teams were already deployed to search for the woman. The incident was reported by an individual named […]

News

Ogun To Immortalize Former Finance Minister, Soleye

Ogun State Governor, Prince Dapo Abiodun on Friday said his administration plans to immortalize the late former Minister of Finance, Dr. Onaolapo Soleye. Governor Abiodun made this known during the final burial ceremony of Dr. Soleye at Owu Baptist Church, Abeokuta, Ogun State. Abiodun acknowledged the contribution of Dr. Soleye to the development of the […]

News

President Tinubu Signs Executive Orders to Boost Investment in Oil and Gas Sector

President Bola Ahmed Tinubu has just signed a series of executive orders aimed at revitalizing Nigeria’s oil and gas industry, a move set to streamline operations and attract crucial investments. The announcement was made by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, who highlighted the key directives contained in the […]

Business

Manufacturing Crisis Grips Nigeria as 767 Companies Shut Down in 2023, N350 Billion Goods Unsold

The Manufacturing Association of Nigeria (MAN) has disclosed a troubling trend within the industry, indicating that a staggering 767 manufacturing companies ceased operations in 2023, with an additional 335 facing distress. This alarming development underscores the severe economic challenges confronting the manufacturing sector, including exchange rate instability, surging inflation rates, and an overall deterioration in […]

News

Customs Seizes 120 Trucks Smuggling Food Items to Neighbouring Countries

The Nigerian Customs Service, under the leadership of Comptroller General Bashir Adewale Adeniyi, has intercepted a staggering 120 trucks attempting to smuggle food items out of Nigeria. Addressing a sectoral debate organized by the House of Representatives, Comptroller General Adeniyi disclosed that President Tinubu has directed the seized trucks to be redirected to local markets […]

News

Peter Obi Laments as War-Torn Ukraine Donates Food Aid to Nigeria

Former presidential candidate of the Labour Party in Nigeria’s 2023 general election, Mr. Peter Obi, expressed dismay yesterday over Nigeria’s reliance on food donations from war-torn Ukraine, highlighting it as a stark reflection of government failures. In response to Ukraine’s recent donation of 25,000 tonnes of wheat to alleviate food shortages in Nigeria’s northeastern region, […]

Business

Naira Continues Surge for Third Consecutive Day

The exchange rate between the naira and the dollar has strengthened for the third consecutive day, reaching a new high of N1,534.9/$1 on the official market. This achievement represents the strongest level the naira has attained in the past seven days, signaling a positive trend in the currency market. The official NAFEX rate, serving as […]

News

Obasanjo Urges FG to Seek Zimbabwe’s Help for High Inflation Crisis

Former President Olusegun Obasanjo has called on the Nigerian government to seek assistance from Zimbabwe in addressing the current record-high inflation in the country. Speaking at a youth leadership symposium held at the Olusegun Obasanjo Presidential Library in Abeokuta, Obasanjo emphasized the need for Nigeria to learn from Zimbabwe’s experience, as the southern African nation […]

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