Oil prices firmed on Thursday, erasing earlier losses, on indications that OPEC+ might cut output, though a stronger dollar and weak economic outlook kept a lid on gains. Brent crude futures rose 52 cents, or 0.6 per cent, to $89.84 a barrel by 1027 GMT and U.S. crude futures...
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The candidate of the PDP, Sen. Ademola Adeleke, has been declared winner of the Osun governorship election, held on July 16. Announcing the results at the INEC Collation Centre on Sunday in Osogbo, Prof. Oluwatoyin Ogundipe, who was the returning officer, said that Adeleke polled 403,371 votes to defeat...
Dr Mohammed Barkindo, the Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), is dead. Mr Mele Kyari, the Group Managing Director, Nigerian National Petroleum Company (NNPC), confirmed the development in a statement posted on his official Twitter page on Wednesday. “We lost our esteemed Dr Mohammed S Barkindo. He...
The Chief Justice of Nigeria, Justice Tanko Muhammad, has resigned. Sources said that Justice Muhammad resigned on Sunday night, citing ill-health as the reason for his decision. Information also has it that arrangements are ongoing to swear in the next most senior justice of the Supreme Court, Justice Olukayode...
Asiwaju Bola Tinubu has won All Progressives Congress (APC) presidential ticket for the 2023 general elections. He scored 1,271 votes to clinch the ticket. Tinubu, also the National Leader of the party, defeated 13 other aspirants to emerge the flag bearer at the end of the Special National Convention...
National Chairman of the governing All Progressives Congress (APC), Senator Abdullahi Adamau, has announced the Senate President, Ahmed Lawan, as the consensus presidential candidate of the party for the 2023 elections. DEDTAILS SOON….
A presidential aspirant, Professor Pat Utomi, has stepped down for his co-contender, Mr Peter Obi, for the ticket of the Labour Party ahead of the forthcoming general elections. The political economist and management expert announced that he was stepping down for the former Anambra State governor on Monday at...
The All Progressives Congress (APC) has began the screening of presidential hopefuls seeking to fly the party’s flag in the 2023 general elections. The exercise is being conducted secretly at a popular hotel in Abuja, the Federal Capital Territory (FCT). APC National Chairman, Senator Abdullahi Adamu; the party’s National...
Adamawa State Governor, Ahmadu Umaru Fintri has won the Peoples Democratic Party (PDP) governorship primaries in the state. The state governor won with a total of 663 of the 668 votes, with five of the votes declared void. Details later……
The Economic and Financial Crimes Commission has traced at least 17 properties to the Accountant-General of the Federation, Ahmed Idris. This is just as the Minister of Finance, Budget and National Planning, Zainab Ahmed, suspended Idris who is currently being investigated for fraud to the tune of N80bn. An...
A Federal High Court, Abuja, on Wednesday, refused to admit Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB) to bail. Justice Binta Nyako, in a ruling, held that since Kanu was earlier granted bail in 2017 and jumped the bail, the court must first determine the...
The Federal Government is set to re-arraign the detained leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, on an amended six-count of treasonable felony. The amendment came on a day the trial Judge, Justice Binta Nyako fixed to hear an application Kanu filed to be released on...
The Court of Appeal Abuja Division has set aside the judgment of the Federal High Court in Umuahia which voided the provision of Section 84(12) of the Electoral Act 2022. The judgment followed an appeal marked: CA/OW/87/2022, which was filed by the Peoples Democratic Party (PDP). This is even...
BY RICHARD ABU, Nasarawa – The National Chairman of the ruling All Progressives Congress (APC) Senator Abdulahi Adamu has urged Nigerians to provide security agencies with intelligent reports so as to effectively tackle the rising insecurity bedeviling various part of the country. Senator Adamu gave the charge on Monday...
Indigenous Peoples of Biafra (IPOB) has abrogated its sit at home directive in South East Nigeria, saying the development is to embrace peace negotiations organised by the Anambra government. The News Agency of Nigeria (NAN) reports on Saturday from Awka that IPOB yielded to the appeal by the Anambra...
Senator Ali Modu Sheriff has explained why he pulled out of the All Progress Congress (APC) national chairmanship race. Sen. Modu Sheriff explained that he does not want to oppose the zoning formula of the party as they have agreed to zone the position to the north-central. Briefing journalists...
The Academic Staff Union of Universities (ASUU) has declared a one-month warning strike. President of the union, Emmanuel Osodeke, announced this at a press conference on Monday after a two-day meeting of the union’s National Executive Council (NEC). According to him, the industrial action is “comprehensive and total”. More...
The Court of Appeal sitting in Lagos has upheld the final forfeiture order on the $40 million worth of jewellery seized from the premises of the former Minister for Petroleum, Diezani Allison-Madueke. Justice Festus Obande, who read the judgment on Friday, held that there was no substance in Alison-Madueke’s...
The Federal High Court in Abuja has stopped the Federal Government from executing its plan to deduct $418 million from the bank account of the 36 states of the Federation. Justice Inyang Ekwo issued a restraining order against the Federal Government on Friday following an ex parte application brought...