Diamond Celebrities

A Federal High Court in Abuja has ordered the disclosure of the spending details of about USD$5 billion Abacha loot recovered by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari. The court ordered the government of President Bola Tinubu to “disclose the exact amount of money stolen by […]

Human Rights lawyer, Mr Femi Falana, has lamented that “plutocracy has replaced democracy in Nigeria,” the effect of which is that “people have lost confidence in the democratic process.” Falana stated this in a keynote address, titled: ‘General Elections in Nigeria 2023: A Review of the Nation’s Political Culture and Electoral Integrity’, and delivered at […]

President Bola Ahmed Tinubu has said Nigeria needs all the help that it can get at the moment. The president said this on Tuesday while receiving visiting Bank of America officials in his office at the State House, Abuja. He expressed confidence that his administration was on the pathway to success in spite of the […]

The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates by at least 700 basis points before the end of the year to curb inflation. In an interview with Bloomberg on Monday, the bank’s sub-Saharan Africa Economist, Tatonga Rusike, said the hike was necessary to […]

The senator representing Edo North senatorial district, Adams Oshiomhole, has said his blood pressure would have increased if he wasn’t elected to the National Assembly. Medically, a normal blood pressure level is less than 120/80 mmHG, while 180/120 is considered a hypertensive crisis and requires immediate medical attention. Oshiomhole, who spoke at an event organised […]

Parents and students of some universities across the country have cried out over the hike in school fees, saying the development could worsen their current economic pains and lead to mass students’ withdrawals, Daily Trust reports.  Many universities, both federal and state-owned, have issued releases on upward adjustments of registration fees for courses being offered […]

The federal government may have lifted the ban on importation of vehicles through the land borders, it has been revealed. The development is projected to revitalise economic activities within the corridor. Daily Trust reports that the last administration had closed land borders between Nigeria and Cotonou, Benin Republic, and subsequently banned the importation of vehicles […]

The Nigerian naira has moved from being overvalued to undervalued following the government’s long-awaited foreign exchange reform, analysts at US-based Bank of America said in a June 28 note to clients as reported by Businessday. The newspaper quoted the analysts saying, “We now see a USDNGN fair value of 680 per USD (previously 580). However, […]

The German parliament passed an immigration law on Friday designed to encourage more people from outside the European Union, including Nigeria, to come to Germany for work. According to Interior Minister of Social Democrats (SPD), Nancy Faeser, the draft law secures prosperity in Germany. “It would only work if the bureaucratic hurdles were dismantled during […]

As Nigerians join their counterparts from across the world to celebrate the Eid-el-Kabir festivities, President Bola Tinubu has assured citizens that he is “working day and night” to solve the myriads of challenges facing the country. Tinubu, in a statement he personally signed on Tuesday, said that the decisions taken so far by his administration […]

The 2023 general elections did not ensure a well-run transparent, and inclusive democratic process as assured by the Independent National Electoral Commission (INEC), the European Union Election Observation Mission (EU EOM) has said.  The EU EOM noted that shortcomings in the law and electoral administration hindered the conduct of well-run and inclusive elections and damaged […]

Ohanaeze Ndigbo Worldwide leaders have called on the Federal Government to release the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, to restore peace in the Southeast region. The call was made during the inauguration of Ohanaeze Ndigbo Women and Youth Wings (FCT chapter) in Abuja over the weekend. President-General of Ohanaeze Ndigbo […]

President Bola Tinubu would have lost the 2023 presidential election if his predecessor had removed fuel subsidy, according to Garb Shehu, spokesman of ex-President Muhammadu Buhari. The incumbent president removed subsidy on his first day in office, an action that has fetched him commendations far and wide. Addressing some Nigerians based in France during his […]