Africa
News stories from Africa…
NNPC, Dangote Refinery Should Settle Fuel Price Dispute Themselves – Presidency
Federal Government Reiterates Neutrality in NNPCL-Dangote Refinery Fuel Price Dispute
The Federal Government has maintained its stance of non-interference in the ongoing disagreement between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery over the pump prices of Premium … Continue Reading
BREAKING: FG Raises NYSC Allowance from N33,000 to N77,000
NYSC Members to Receive Increased Monthly Allowance as FG Implements New Minimum Wage Act
The Federal Government has officially approved a significant increase in the monthly allowance of National Youth Service Corps (NYSC) members from N33,000 to N77,000.
In a … Continue Reading
Falz Issues 24-Hour Ultimatum to VeryDarkMan Over Defamation Claims
Folarin Falana, known as Falz, demands retraction from VeryDarkMan regarding controversial allegations
In a dramatic turn of events, Nigerian rapper and actor Folarin Falana, popularly known as Falz, has issued a 24-hour ultimatum to social media influencer VeryDarkMan. The … Continue Reading
UK commends peaceful Edo State governorship Election
Edo State Governorship Election: UK Commends Peaceful Conduct, Urges Calm
The British High Commission has hailed Saturday’s governorship election in Edo State as largely peaceful, while calling for calm and urging parties to channel any grievances through established legal means. … Continue Reading
UNGA 79: Tinubu seeks debt forgiveness for Nigeria
Nigeria’s President Tinubu Calls for Debt Forgiveness, Multilateralism, and Reforms at UN General Assembly
Nigeria’s President, Bola Tinubu, has made a passionate plea to world leaders at the ongoing 79th Session of the United Nations General Assembly, calling … Continue Reading
EFCC Launches Investigation into Bobrisky’s N15 Million Bribery Allegation
EFCC Investigates Viral Bribery Claim as Bobrisky Accuses Officers of N15 Million Extortion
The Economic and Financial Crimes Commission (EFCC) has announced an investigation following claims made by Idris Okuneye, popularly known as Bobrisky, regarding an alleged N15 … Continue Reading
Bayelsa Hotel Owner Threatens To Sue IGP Over N625 Million Lodging Debt by Police
Police SWAT Team Accused of Occupying Bayelsa Hotel for Over a Year Without Payment, Owner Seeks N625 Million in Damages
The owner of Euphemie Motel, a popular hotel in Opu-Nembe, Bayelsa State, has vowed to sue the Inspector-General of … Continue Reading
Why we raised interest rate to 27.5% – CBN
CBN Hikes Monetary Policy Rate to 27.5% Amid Persistent Inflationary Pressures
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) from its previous level to 27.5%, citing persistent inflationary pressures, particularly the rise … Continue Reading
Why Nigeria should Remove petrol subsidy – Dangote
Dangote Calls for End to Petrol Subsidy, Touts New Refinery as Solution
The President of Dangote Group, Alhaji Aliko Dangote, has urged the Federal Government to remove the petrol subsidy, citing the need for transparency and accuracy in determining the … Continue Reading
Naira Slips Further: CBN, Currency Traders Releases New $, £ And € Exchange Rates
CBN Struggles to Stabilize Naira as Official Rate Falls to N1,562.66/$1, Parallel Market Hits N1,666/$1
The Nigerian naira started the week on a weaker note, falling against the US dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). According to … Continue Reading