Nigeria to reopen land borders soon, says Finance Minister

The Federal Government yesterday gave an indication of reopening Nigerian borders which were closed since August  last year. Minister of Finance Budget and National Planning, Mrs Zainab Shamsuna Ahmed, who disclosed this during a roundtable discussion  at the 26th Nigerian Economic Summit (NES #26), said that a committee set up by President Muhammadu Buhari had  […]

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Nigerian roads are of global standard – Fashola

Mr Babatunde Fashola, Minister of Works and Housing, says road construction in the country is carried out based on universal global standard. Fashola said this while speaking on Tuesday in Abuja on the achievements of President Muhammadu Buhari administration in the transport sector. “I think we don’t have our standards, roads are constructed to a […]

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Nigerian singer, Burna Boy bags second Grammy nomination

Burnaboy’s latest album ‘Twice As Tall’ has gotten him a second shot at winning a Grammy. The talented singer, on Monday, bagged a World Music Album nomination alongside Antibalas, Bebel Gilberto, Anoushka Shankar, and Tianariwen. Antibalas is an American afrobeat band modelled after Fela Kuti’s Africa 70 band while Bebel Gilberto is a popular Brazilian-American singer. […]

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Naira plunges further at parallel market

The naira exchanged to the dollar for 483 in the parallel market on Monday. This was despite the regular interventions in terms of forex injections by the Central Bank of Nigeria. Bureau de Change operators have blamed the depreciation of the naira on the activities of speculators. The President, Association of Bureaux De Change Operators […]

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Court remands Nigerian senator in prison

The Federal High Court, Abuja, on Monday, ordered Sen. Ali Ndume to be remanded in Kuje Prison following Abdulrasheed Maina, former Chairman, defunct Pension Reformed Task Team (PRTT)’s refusal to appear for his trial. Justice Okon Abang gave the order when Ndume, who represents Borno South Senatorial District, failed to file a formal application to […]

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Trump finally agrees to Biden transition

The General Services Administration acknowledged Democrat Joe Biden as the apparent winner of the presidential election on Monday, following weeks of inaction, and President Donald Trump called on his agencies to cooperate, Bloomberg reports. “I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my […]

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COVID-19: Suspend Christmas, New Year travels, PTF advises Nigerians

Amid fears of a possible second wave of COVID-19 in the country, the Presidential Task Force (PTF) on COVID-19 has advised Nigerians to suspend their Christmas and New Year travels to limit the risk of contracting the virus. The chairman of the task force, Boss Mustapha, at a press briefing on Monday said such trips should be […]

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Finance Minister Reveals When Nigeria Will Exit Recession

Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, said the country will exit recession by the first quarter of 2021. Ahmed spoke about the current recession in the country at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, […]

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COVID-19 caused Nigeria’s recession – Buhari

As Nigeria slips into recession for the second time in five years, President Muhammadu Buhari, says it came about because of the severity of the global economic downturn caused by the COVID-19 pandemic. He said this on Monday in Abuja, while declaring open the 26th Nigerian Economic Summit with the theme: “Building Partnerships for Resilience’’. The summit was […]

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Lagos government auctions 44 vehicles for driving against traffic

The Lagos State Task Force on Environmental and Special Offences has auctioned 44 vehicles for driving against traffic (one-way) in various parts of the state. The News Agency of Nigeria (NAN) reports that the auction was in accordance with the Lagos State Transport Sector Reform of 2018. The spokesman for the Task Force, Adebayo Taofiq, told the […]

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Cardi B Made History at the 2020 American Music Awards

It was a big, history-making night at the American Music Awards for rapper Cardi B. At the AMAs on Nov. 22, the artist became the first artist in history to win Favorite Song in the Rap/Hip Hop category at the AMAs twice. She first earned the award in 2018 with her hit single “Bodak Yellow,” and returned to […]

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CCB to prosecute Magu over dormant account, ‘Port Harcourt property’

The Code of Conduct Bureau (CCB) will arraign Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), before the Code of Conduct Tribunal (CTC) any moment from now, TheCable understands. According to sources in the know, Magu is to be prosecuted for allegedly failing to list a bank account in […]

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US election: Trump ally urges him to accept defeat

A prominent ally of Donald Trump has urged him to drop his efforts to overturn his loss to Joe Biden in the US presidential election. Former New Jersey Governor Chris Christie called the president’s legal team a “national embarrassment”. President Trump has refused to concede the election, making unsubstantiated claims of widespread electoral fraud. Many […]

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Recession : Atiku wants more taxes on super-rich Nigerians

The former vice president, Atiku Abubakar, has advised the Nigerian government to increase taxes on the super-rich in order to raise government income as the county slides into recession. Nigeria has officially slid into the second recession in five years and the worst in almost four decades. On Saturday, the National Bureau of Statistics (NBS) announced that […]

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Organised Labour walks out of meeting with Nigerian Government

The Organised Labour on Sunday walked out of a meeting with the Federal Government on recent increase in fuel price and electricity tariffs. The meeting was said to be about five minutes old before the Organised Labour, comprising Nigerian Labour Congress, NLC, and the Trade Union Congress, TUC, staged a walk out. In attendance from […]

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Focus On Reducing Poverty, Not 2023 Elections – Peter Obi

Former Anambra State Governor, Peter Obi, insisted on Sunday that solving the current economic crisis was more important than political permutations geared towards 2023. He made the remark during an appearance on Channels Television’s Sunday Politics. According to Obi, who was the Peoples Democratic Party’s vice-presidential candidate in 2019, the 2023 elections have no impact […]

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Presidency Ambition: My day will come like Joe Biden’s – Pastor Bakare

“There is something called destiny. I am not one to hide under the umbrella of one finger and make ambition looks like vision. I do not camouflage. It’s not a matter of life and death, but you can write it down, as the Lord lives, and as I am given the opportunity, the day will […]

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COVID-19: Rising Cases, No Plans for Another Lockdown, Says Nigerian Government

With the economy now back in recession, the nation is definitely not contemplating a second lockdown even though the Covid-19 cases are increasing by the day, the Secretary to the Government of the Federation and Chairman, Presidential Task Force (PTF) on coronavirus, Boss Mustapha, has said. Mustapha, who hinted that the PTF is billed to […]

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