Diamond Celebrities

Nigeria’s debt stock of N35.5tn will rise to N42.7tn following the Senate’s approval of the Federal Government’s request for $16bn and €1.02bn fresh loans. The $16.2bn loan is equivalent to N6.7tn using the Importers and Exporters’ Window exchange rate of N411.24/$1, while the €1.02bn is equal to N485.5bn using the Central Bank of Nigeria’s exchange […]

Nnamdi Kanu, leader of the outlawed Indigenous People of Biafra (IPOB), will spend Christmas in custody of the Department of State Services (DSS). Kanu has been in DSS custody since his re-arrest in July. When he was rearraigned on Wednesday, Kanu complained that some members of his legal team were not allowed in court but […]

The United States Government has hailed the outcome of the just-concluded 2021 Anambra State Governorship Election. This was contained in a statement from the US Mission in Nigeria, titled, ‘Statement on the concluded Anambra State gubernatorial election’ on Wednesday. The US government said the outcome of the election reflected the will of the people. Former […]

Kogi State Governor Yahaya Bello on Wednesday said he will replicate all his achievements in his state at the national level if he becomes the president in 2023. Speaking on Channels Television programme ‘Politics Today’ monitored by DAILY INDEPENDENT, the governor who identified security as the number one agenda of any country said he will […]

The Nigerian Communications Commission (NCC) has alerted Nigerians to a new Android malware that can gain access to smartphones. Named ‘AbstractEmu’, the malware can gain access to smartphones, take complete control of infected smartphones and silently modify device settings while simultaneously taking steps to evade detection, the NCC said in a statement on Tuesday.   “This […]

President Muhammadu Buhari says Nigeria will consider investing in nuclear energy as part of efforts to reduce dependence on fossil fuels and adapt to climate change. The President made the remarks in his message to rich nations at the COP26, a statement signed on Tuesday by presidential spokesman Garba Shehu said. “We can also invest […]

After what seemed like an almost impossible feat, the gubernatorial election in Anambra State has been concluded and a new governor has been elected. With a powerful margin, the Anambra People have chosen Professor Charles Chukwuma Soludo as their new governor. Professor Soludo ran on the platform of the All Progressives Grand Alliance (APGA), the […]

Former governor of the Central Bank of Nigeria and candidate of the All Progressives Grand Alliance, Prof Chukwuma Soludo, has been declared winner of the Anambra Governorship Election by the Independent National Electoral Commission. The Returning Officer of the Anambra Governorship Election, Prof Florence Obi, announced the result on Wednesday morning at the INEC office […]

Some subscribers to the collapsed 21-storey building in Ikoyi, Lagos State, signed contracts ranging from over $500,000 (N206.5m) to over $3m (N1.24bn) for the purchase of luxury apartments in the high-rise from Fourscore Heights Limited, findings by our correspondent have revealed. Documents obtained by our correspondent showed that after the payment of an initial deposit, […]

The Nigerian National Petroleum Corporation (NNPC) has once cautioned members of the public against engaging in panic buying of petrol, stressing that the national oil company has over 1.7 billion litres of the product in stock. A statement by the NNPC Spokesman, Mr. Garba Muhammad, yesterday reiterated that the corporation was also not aware of […]

Importers of Liquefied Petroleum Gas, popularly called cooking gas, have stopped importing the commodity. Investigations also show that the cost of the product increased by 240 per cent for 12.5kg, jumping from N3,000 to N10,200 between January and October. About 65 per cent of LPG is imported into Nigeria, while domestic production accounts for 35 […]

A Federal High Court in Abuja has sentenced Abdulrasheed Maina, the former chairman of the now-defunct Pension Reformed Task Team to eight years imprisonment. Maina was convicted after he was found guilty of money laundering. In a judgement delivered on Monday by Justice Okon Abang, the court held that the prosecutor, the Economic and Financial […]