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Senate To FG: Withhold Allocations To Local Councils Not Democratically Elected

(AFRICAN EXAMINER) – The Senate has asked the Federal Government to withhold statutory allocations to any local government councils not democratically elected. The upper chamber unanimously resolved that this move would deter the dictatorial tendencies of any state Governor. This resolution comes against the backdrop of a motion moved by Sen. Abba Moro on the […]

2024 Appropriation Bill Scales Second Reading In House Of Reps

(AFRICAN EXAMINER) – The 2024 appropriation bill has scaled second reading in the House of Representatives after two days of debate. Some lawmakers were concerned about the plan of the government to generate revenue from heavy tax, fearing that it would greatly affect importers. Others say the proposed 1.7 million barrels per day of crude […]

Edo Election: PDP Will Determine Shaibu’s Fate – Obaseki

(AFRICAN EXAMINER) – The political impasse in Edo State took another turn on Thursday when Governor Godwin Obaseki said the Peoples Democratic Party (PDP) will determine his deputy Philip Shaibu’s fate following the latter’s governorship ambition. Shaibu on Monday threw himself into the race for Dennis Osadebay House, ending months of speculations about his intention […]

COP28 Opens In Dubai With Calls For Speedy Action Against Climate Crisis

(AFRICAN EXAMINER) – The 28th session of the Conference of Parties (COP28) of the United Nations Framework Convention on Climate Change opened on Thursday in Dubai, with a call to accelerate collective climate action. The conference is taking place in the United Arab Emirates (UAE) in a year climate scientists said is the hottest ever […]

We No Longer Have Sit-At-Home In Enugu, South-East – Gov Mbah

(AFRICAN EXAMINER) – Enugu State Governor, Peter Mbah, has said the sit-at-home order declared by the proscribed members of the Indigenous People of Biafra (IPOB) is no longer in force in the South-East. The governor stated this on Tuesday after visiting President Bola Tinubu at the Presidential Villa in Abuja, the nation’s capital. “We no […]

Gov Adeleke Approves N25,000 Wage Award For Osun Workers, Pensioners

(AFRICAN EXAMINER) – As part of measures to cushion the harsh effects of fuel subsidy removal, the Osun State Governor, Ademola Adeleke, has approved a sum of N15,000 wage award per worker in the state. The governor also approved a sum of N10,000 for each pensioner in the state in the same regard. This was […]

Hamas Says Ready To Swap All Detained Israeli Soldiers For Palestinian Prisoners

(AFRICAN EXAMINER) – A senior Hamas official said on Wednesday the Islamist movement was ready to release all the Israeli soldiers it is holding captive in exchange for all Palestinian prisoners held in Israel, amid negotiations to extend a truce over Gaza. Hamas official and former Gaza health minister Bassem Naim said the group was […]

Reactions: Throw Away Tinubu’s 2024 Budget, PDP Tells National Assembly

(AFRICAN EXAMINER) – The Peoples Democratic Party says the N27.5 trillion budget for the 2024 fiscal year as proposed by President Bola Tinubu to the National Assembly is “deceitful, strangulating, and hopeless”. The PDP, in a statement by its National Publicity Secretary, Debo Ologunagba, on Wednesday stated that if the budget is allowed to pass, […]

Kyari: NNPC Ltd Urges Stakeholders, Nigerians To Refrain From Issuing Congratulatory Messages

(AFRICAN EXAMINER) – The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, has expressed gratitude to Stakeholders and Nigerians for their enthusiasm regarding his reappointment by the President and Commander-in-Chief of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, GCFR.   This was contained in a statement Issued […]

2024 Budget Parameters: Oil Price Pegged At $77.96, Naira At 750 Per Dollar

(AFRICAN EXAMINER) – President Bola Tinubu during his presentation of the 2024 ‘Budget of Renewed Hope’ on Wednesday pegged oil price at $77.96 and the naira at N750/$1. The President presented the 2024 budget proposal of N27.5trn before a joint session of the National Assembly in Abuja on Wednesday. He said, “Distinguished members of the […]

$43.7bn Trade, Investment Deals Sealed At Cairo Meeting —Afreximbank

(AFRICAN EXAMINER) – Afreximbank says about 43.7 billion dollars worth of trade and investment deals were sealed at the just concluded Intra-African Trade Fair (IATF2023) held in Egypt. Kanayo Awani, Intra-African Trade Bank, Afreximbank Executive Vice-President, said this at the Post-Event Virtual News Conference held in Cairo, Egypt on Tuesday. Awani said the 43.7 billion […]

ECOWAS Delegation Visits Sierra Leone After ‘Disturbance’

(AFRICAN EXAMINER) – A high-level delegation from the ECOWAS Commission and the Nigerian government has visited Freetown, Sierra Leone, following a plot by some individuals to acquire arms and “disturb the peace and constitutional order in the country”. According to a statement by the commission, the delegation met with President Julius Maada Bio of Sierra […]

Cancelo, Felix Fire Barca Past Porto Into Champions League Last 16

(AFRICAN EXAMINER) – Barcelona came from behind to beat Porto 2-1 on Tuesday and reach the Champions League knock-out rounds for the first time in three seasons. Brazilian winger Pepe sent Porto ahead but Barcelona’s Portuguese duo Joao Cancelo and Joao Felix both netted to turn the game on its head. The former Benfica pair […]

It Doesn’t Make Sense To Export Crude And Not Supply Dangote Refinery — Rewane

(AFRICAN EXAMINER) – Renowned economist, Bismarck Rewane, says it makes no sense for the country to export crude on Forward Contract and not supply indigenous firm, Dangote Refinery. Rewane, the Managing Director of Financial Derivatives Company Limited, made this known on Tuesday during a live appearance on Channels Television’s Business Morning show. He said by […]

Oshiomhole Is Still My Father, I Will Apologise To Him — Shaibu

(AFRICAN EXAMINER) – Edo State Deputy Governor, Philip Shaibu, says ex-Governor Adams Oshiomhole is still his father despite all that transpired between them during the 2020 governorship election in the state. Shaibu, who spoke on Channels Television’s Sunrise Daily programme on Tuesday, said he would find time to apologise to the ex-governor over certain inappropriate […]

Tinubu Okays New NNPCL Board, Re-Appoints Mele Kyari As GCEO

(AFRICAN EXAMINER) – In compliance with Section 59 (2) of the Petroleum Industry Act, 2021, President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from December 1, 2023: The composition is as follows: (1) Chief Pius Akinyelure — Non-Executive Board […]

Tinubu To Present 2024 Budget Wednesday

(AFRICAN EXAMINER) – President Bola Tinubu will present the 2024 budget to the National Assembly on Wednesday, Channels Television can report. Meanwhile, the Federal Executive Council has approved a 2024 budget of N27.5 trillion. This followed the review of the Medium-Term Expenditure Framework earlier passed by the National Assembly which benchmarked the exchange rate at […]

FEC Reviews Medium-Term Expenditure Framework, Approves N27.5tn As 2024 Budget

(AFRICAN EXAMINER) – The Federal Executive Council, on Monday, approved a 2024 budget of N27.5 trillion. This followed the review of the Medium-Term Expenditure Framework earlier passed by the National Assembly which benchmarked the exchange rate at N700 to $1 and crude oil price at $73.96 cent per barrel. Briefing State House Correspondents shortly after […]

Sierra Leone Imposes Nationwide Curfew

(AFRICAN EXAMINER) – Sierra Leone has imposed a nationwide curfew after unidentified gunmen attacked a military barracks and attempted to break into an armoury in Freetown, the capital city. The order is contained in a statement by Chernor Bah, information and civic education minister, conveyed via https://statehouse.gov.sl, on Sunday According to Bah, President Julius Bio […]

Experts Applaud CBN Over Planned Recapitalisation Of Banks

(AFRICAN EXAMINER) – Two financial experts have commended the Central Bank of Nigeria (CBN) for its plan to further recapitalise Deposit Money Banks (DMBs) in the country. They gave the commendations in separate interviews with the News Agency of Nigeria (NAN) on Sunday in Ota, Ogun. NAN reports that Mr Olayemi Cardoso, the CBN Governor, […]

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