Diamond Celebrities

On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market. The President, Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, said the crude oil price which fell drastically in the international market to as low as $35 per barrel, raised speculations among […]

Atletico Madrid stunned Liverpool with three goals in extra time to knock the holders out of the Champions League. With the tie level at the end of the 90 minutes thanks to Georginio Wijnaldum’s header, Roberto Firmino looked to have scored the tie-winning goal just four minutes into extra time. But two goals from substitute […]

Europe appears to have been largely blindsided by President Trump’s announcement yesterday that the US was suspending travel from 26 European countries. Several European ambassadors in Washington tell CNN they didn’t know this was coming, despite having been in contact with the administration over the past few days. One ambassador in DC said there was […]

The President, Dangote Industries Limited, Aliko Dangote, will begin oil production in July from two assets he acquired from Royal Dutch Shell Plc. Dangote, Africa’s richest man, is working with Chinese and Malaysian contractors and has completed a development plan for the Kalaekule field on its Oil Mining Lease 72 asset. The Group Executive Director, […]

The Attorney-General of Kano State, Ibrahim Muktar, on Wednesday said the state government did not banish the deposed Emir of Kano, Alhaji  Muhammadu  Sanusi II. Muktar said the state government was clear in its press statement on Monday that Sanusi was deposed, but never made any reference to any banishment. The Kano AG said this […]

Indications emerged that Nigeria’s foreign exchange market has come under severe pressure leading to significant depreciation of the local currency, Naira, across all market segments. This comes as the Central Bank of Nigeria, CBN, indicated that it would raise about N513 billion from sales of Nigerian Treasury Bills, NTB, in the second quarter of 2020. […]

President Muhammadu Buhari has no involvement whatsoever in the dethronement of HRH Muhammadu Sanusi II from the position of Emir of Kano, a press statement from the presidency has stated. Many Nigerians including a former Kano State governor, Rabiu Kwankwanso, believe Mr Buhari supported Mr Sanusi’s removal by the Kano State Government. In a statement, […]

As part of efforts to reform Nigeria’s broadcast industry, the federal government says it will enforce 70 per cent local content in radio and television programmes in the country. The Minister of Information and Culture, Lai Mohammed, announced this at a meeting with the Electronic Media Content Owners Association of Nigeria (ENCOAN) in Lagos on […]

The Kaduna State Government has announced the appointment of Muhammadu Sanusi II, who was deposed as emir of Kano on Monday, into the board of KADIPA, its investment promotion agency. A statement from Sir Kashim Ibrahim House said Governor Nasir El-Rufai approved the reconstitution of the board of KADIPA. Established in 2015, KADIPA has led the investment drive of […]

President Muhammadu Buhari has called on health workers to be patient with his regime to address their demands as the country tackles coronavirus. He stated that the outbreak of the disease had posed fresh challenges for the economy, especially the impact on crude oil revenue. Buhari made the appeal in Abuja when members of the […]

British MP Nadine Dorries, a minister in the health department, has tested positive for coronavirus, she said in a statement on Tuesday. “I can confirm I have tested positive for coronavirus… and have been self-isolating at home,” said the Conservative MP. Health officials are now trying to trace where she contracted the virus and who […]

The Lagos State government has asked residents to prepare for the rainy season as the state is expected to witness between 240 to 270 days of rainfall in 2020. According to the Commissioner for the Environment, Mr Tunji Bello, who stated this during a press briefing on the Year 2020 Seasonal Rainfall Predictions and prevention […]

Deposed Emir of Kano, Muhammad Sanusi II, on Tuesday, issued a 24-hour ultimatum for his release. Sanusi’s lawyer, Abubakar Mahmoud (SAN), made this known during a press conference in his chamber. Mahmoud said the Kano State Government would be sued if Sanusi was not released within 24 hours. He, therefore, called on the Inspector General […]

The Minister of Health, Dr Osagie Ehanire, on Monday, confirmed a second case of coronavirus in the country. The Federal Government moved to stop the spread of the disease as the President, Major General Muhammadu Buhari (retd.),  set up a 12-man Presidential Task Force for the Control of  Coronavirus-19. The killer virus was brought into […]

The Emir of Kano, Muhammadu Sanusi II, was removed from his position on Monday after a long-running row with the state government. The Secretary to the State Government, Usman Alhaji while making the announcement on Monday said the removal was in line with the recommendation of the Kano State Public Complaint and Anti-Corruption Commission which […]

A former social media aide to ex-President Goodluck Jonathan, Mr. Reno Omokri, has mocked the deposed Emir of Kano, Muhammad Sanusi II, over his ordeal. Omokri alleged that Sanusi as the Governor of the Central Bank of Nigeria in 2014 stated that $20bn was missing from the nation’s coffers. He said the scandal contributed to the […]

The bill seeking to regulate the social media has been widely opposed at the senate public hearing on its consideration. At the hearing which was held in Abuja on Monday, 80 percent of the speakers opposed the protection from internet falsehood and manipulation bill, asking the lawmakers to drop it. Only three of the 25 […]

The Academic Staff Union of Universities on Monday declared a two-week warning strike against non-payment of salaries of lecturers not enrolled in the Federal Government’s Integrated Personnel and Payroll Information System. National President of the union, Biodun Ogunyemi, who read the declaration after the ASUU National Executive Council meeting held in Enugu, said the warning […]