(AFRICAN EXAMINER) – The Chief Economist at SPM Professionals, Paul Alaje, on Friday called on the Federal Government to be careful with advice given by global financial institutions like the World Bank and the International Monetary Fund (IMF). “The elephant in the room is the exchange rate. All the gains this administration has made, that […]
(AFRICAN EXAMINER) – The Nigerian equity market closed the week on a positive note on Friday, with investors gaining N157 billion. Specifically, the Nigeria Exchange Ltd. (NGX) market capitalisation, which opened at N60.104 trillion, gained N157 billion or 0.26 per cent to close at N60.261 trillion. The All-Share index also added 0.26 per cent or […]
(AFRICAN EXAMINER) – The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has disclosed plans to begin development of the FCT Administration’s permanent secretariat in Garki, Abuja. Wike made the disclosure during the inauguration of the development of Arterial Road N5 from Life Camp Junction to Ring Road III, in Abuja on Friday. […]
(AFRICAN EXAMINER) – The federal government on Friday withdrew all six-count charges against an Abuja-based online newspaper, Order Paper, and nine officers of the media organization. Director-General of the Department of State Security (DSS), Mr. Tosin Adeola Ajayi advised the federal government to withdraw the charges. It emerged Thursday that the Federal Government had sued […]
(AFRICAN EXAMINER0 – Members of the Joint Health Sector Unions and Assembly of Health Care Professionals (JOHESU) have declared a seven-day warning strike, commencing from midnight on Friday (today). The latest strike comes after a fifteen-day notice of industrial action issued to the Federal Government. While addressing journalists in Abuja, the national chairman of the […]
(AFRICAN EXAMINER) – The Federal Ministry of Aviation and Aerospace Development has approved bid by the Kogi State Government to build an International Airport in Zariagi. The State Commissioner for Information and Communications, Kingsley Fanwo, said the approval was conveyed in a letter by the Federal Ministry of Aviation and Aerospace Development, dated 9th October, […]
(AFRICAN EXAMINER) – Russia’s central bank hiked interest rates to 21 per cent on Friday, taking borrowing costs to their highest level in more than 20 years as Moscow’s Ukraine offensive has triggered rapid price rises at home. The rise takes rates above an emergency level introduced in February 2022 — just after Moscow ordered […]
(AFRICAN EXAMINER) – Citizens for Development and Education (CDE) has called on President Bola Tinubu to ensure that the rule of law is upheld in the face of rising concerns over the integrity of the judiciary, particularly following a recent Federal High Court ruling in Kano that has sparked public outcry. The organisation, which consists […]
(AFRICAN EXAMINER) – President Bola Tinubu has expressed his condolences to the Nigerian National Petroleum Company Board, its staff, and the families affected by the recent helicopter crash off the coast of Bonny Finima in Port-Harcourt. In a statement released by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on Friday, President […]
(AFRICAN EXAMINER) – Olusegun Obasanjo, former president, has frowned at Nigerian leaders who take over office without a clear plan of action. In an interview on News Central Television, Obasanjo berated presidents who have no understanding of problems and challenges. The former Nigerian leader did not mention names but he stated that a president should […]
(AFRICAN EXAMINER) – Former Nigerian President, Olusegun Obasanjo has lamented that the size of debt being owned by the country, years after he left office in 2007 is intimidating. Obasanjo, while speaking on Thursday in an exclusive interview with Kayode Akintemi of News Central Television, stated that he left as president about $70 billion, including […]
(AFRICAN EXAMINER) – President Bola Tinubu has restricted Ministers, Ministers of State, and Heads of Agencies of the Federal Government to a maximum of three vehicles in their official convoys. No additional vehicles would be assigned to them for movement. The cost-cutting measure was announced today in a statement signed by the President. A statement […]
(AFRICAN EXAMINER) – President Bola Tinubu on Thursday reassured that past mistakes, such as neglecting livestock farming and relying on dairy imports, would be avoided. Speaking while declaring open a two-day Consultative Workshop on Livestock Reforms at the State House Conference Centre, Tinubu pledged a robust framework to stimulate prosperity in the sector, instilling confidence […]
(AFRICAN EXAMINER) – Nigerian Breweries Plc has posted N703 billion revenue generation for the third quarter ended Sept. 30, 2024. This indicates 75 per cent growth, when compared with N402 billion, recorded in the corresponding period of 2023. The Managing Director, Nigerian Breweries Plc, Mr Hans Essaadi, said this in the company’s unaudited results sent […]
(AFRICAN EXAMINER) – The Senate has received a request from President Bola Tinubu for the confirmation of the appointments of seven ministerial nominees announced on Wednesday. President Tinubu’s request seeking expeditious consideration of the requests was contained in a letter addressed to Senate President Godswill Akpabio who read it at the commencement of the plenary […]
(AFRICAN EXAMINER) – Troops of Operation Udoka in the South-East have arrested a suspected “founding father” of the proscribed Indigenous Peoples of Biafra (IPOB) and others. The arrests were made in Orsu, Imo State, Amaruku, and Arochukwu in Abia State, according to the Director of Defence Media Operations Major Gen Edward Buba. He said this […]
(AFRICAN EXAMINER) – Tyson Fury said he will knock out Oleksandr Usyk in a rematch of their undisputed heavyweight champion of the world bout after losing his undefeated record to the Ukrainian. Usyk won a split decision on points when the pair first met in May and will battle again for the WBA, WBC and […]
(AFRICAN EXAMINER) – Kamala Harris on Wednesday said Donald Trump was “increasingly unhinged,” and called her US election rival’s reported praise for Adolf Hitler “incredibly dangerous” as campaigning intensified ahead of the November 5 vote. The Democrat’s fierce criticism came as she headed to must-win Pennsylvania to face voters’ questions in a town hall and […]
(AFRICAN EXAMINER) – President Bola Tinubu wielded his big stick on Wednesday, and like a surgeon in a theatre, he used his surgical knife, yanked off five ministers,redeployed 10 and appointed seven fresh as ministers to replace the sacked ones as well as two others — Betta Edu who was initially suspended, and Simon Lalong […]
(AFRICAN EXAMINER) – The House of Representatives has directed its Committee on Power to investigate the frequent national grid collapses and provide a report within three weeks. This decision followed a motion of urgent national importance raised by Hon. Mansur Manu Soro (Bauchi, PDP) during the plenary session. In his motion, Hon. Soro expressed deep […]
