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Popular Nollywood actress, Tonto Dikeh, has made a surprising move by joining the ruling All Progressives Congress (APC). The announcement came through the official APC account on Monday.
Tonto Dikeh, who previously held the position of Rivers State deputy governorship candidate for the African...
Dr. Olufemi Olaleye, the Medical Director of the Optimal Cancer Care Foundation, has been sentenced to life imprisonment for raping his wife's niece. Justice Rahman Oshodi of the Ikeja Sexual Offenses and Domestic Violence Court delivered the verdict on Tuesday.
The judge found the victim's...
Nigeria's crypto trading company, Patricia Technologies, finds itself in hot water as its move to convert customers' assets into equity shares has been met with strong resistance. Customers who received the offer letter, signed by Patricia's founder, Hanu Fejiro, have voiced their discontent...
The Economic and Financial Crimes Commission (EFCC) has commended the dismissal of the $11.5 billion judgment against Nigeria in the P&ID case. The judgment had been awarded to Process & Industrial Developments Ltd (P&ID) over a failed 2010 deal to establish a gas processing plant in the...
In an announcement that holds significant promise for Nigeria's economic landscape, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has revealed that the country is poised to receive a substantial forex inflow of $10 billion in the near future. He made this...
Nigeria
President Tinubu Announces Student Loan Program to End Academic Strikes: Launch Set for January 2024
President Bola Tinubu has confirmed the commencement of the student loan scheme he approved on June 12, 2023, starting in January 2024. This announcement came during his opening address at the 29th session of the annual Nigeria Economic Summit, held at the Transcorp Hilton in Abuja. President...
Nigeria
Naira Tumbles to 1,220/Dollar as FG Unveils Forex Automation Plan to Stem Devaluation Crisis
In a decisive move to counter the ongoing slump of the Naira, the Federal Government unveiled plans to automate all transactions within the foreign exchange market. The announcement was made by the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, during the 29th Nigeria...
Nigeria
Federal Executive Council Approves $3.45 Billion Loan for Key Development Projects in Nigeria
The Federal Executive Council has given its nod to a $3.45 billion loan application to finance five key projects aimed at bolstering various sectors in Nigeria. These projects include initiatives in the power sector, renewable energy, states’ resource mobilization programs, an adolescent girls'...
Nigeria
Supreme Court Hears Arguments Over Atiku's CSU Evidence in Presidential Tussle as Tinubu, APC, and INEC Contest Admissibility"
In the ongoing presidential dispute, President Bola Tinubu, the All Progressives Congress (APC), and the Independent National Electoral Commission (INEC) made their case to the Supreme Court, arguing against the admissibility of documents relating to Alhaji Atiku Abubakar's certificate from...
Nigeria
Nigerian Legislative Workers Set to Shut Down State and National Assemblies in Financial Autonomy Protest
Workers at Nigeria's 36 state and national assemblies have announced plans to shut down their respective workplaces until their demands for financial autonomy for the legislative arm are met. The workers, organized under the Parliamentary Staff Association of Nigeria (PASAN), are calling on...
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