The Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission and Central Bank of Nigeria to deposit the sum of $9.7m and £74,000 seized from a former Group Managing Director of Nigerian National Petroleum Corporation, Mr. ...
Read More »Monthly Archives: October 2023
Devaluation, Cause Of Essential Drugs Scarcity, Killing Pharmaceutical Firms
Experts in the pharmaceutical industry say the massive devaluation of the naira and the unfriendly business environment are adversely affecting Nigeria’s pharmaceutical sector and its profitability. According to them, instead of the sector improving, things are getting worse as more ...
Read More »UK Court Adjourns Diezani’s £100,000 Bribery Case
The Westminster Magistrates’ Court in the United Kingdom, on Monday, adjourned till November for hearing in the £100,000 bribery case against Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke. Diezani had on October 2 appeared before the court and was ...
Read More »Mercy Chinwo’s New Single ‘You Do This One’ Unveiled
… Hits over one million views on YouTube within 72 hours GNT Music has unveiled ‘You Do This One’, the latest single and video of talented and dynamic international gospel singer, Mercy Chinwo. ‘You Do This One’ single and video, ...
Read More »Federal Govt, Labour Meet On Palliatives Today
The organised labour will today meet with representatives of the federal government to discuss the implementation of the Memorandum of Understanding (MoU) signed by both parties in respect of palliatives measures for fuel subsidy removal. The meeting is expected to ...
Read More »Naira Depreciation: CBN Asks Court To Dismiss Falana’s Suit
The Central Bank of Nigeria (CBN) has urged a Federal High Court in Lagos to dismiss a suit filed by human rights lawyer, Femi Falana, seeking to compel the apex bank to stop the alarming depreciation of the Naira. CBN, ...
Read More »Israel-Hamas War Causes Rift Between Europe, US
As civilians in both Israel and Gaza, the Palestinian territory governed by Hamas, continue to be on the receiving end of the war that broke out on October 7, the political repercussions of the conflict is altering the dynamics in ...
Read More »Haaland Scores Twice To Help Man City Thrash Man Utd In Manchester Derby
Manchester City’s Erling Haaland struck his first two goals at Old Trafford as they ran roughshod over Manchester United in a 3-0 thrashing in Sunday’s heated Premier League derby. Pep Guardiola’s treble winners are third in the standings on 24 ...
Read More »Tinubu Meets German Chancellor, Vows To Transform Nigeria’s Economy
President Bola Tinubu expressed his unwavering commitment to changing the prevailing perception of Nigeria’s struggling economy. During bilateral discussions with the Chancellor of Germany, Olaf Scholz, on Sunday at the Presidential Villa, President Tinubu outlined his vision for transformative governance. ...
Read More »Police Arrest 69 For Violating Sanitation Law
Nasarawa State Government says it has arrested 69 persons for violating environmental sanitation laws of the state. The Commissioner for Environment and Natural Resources, Mr. Yakubu Kwanta disclosed this while speaking with journalists on the outcome of the sanitation exercise ...
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