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Nigeria Nigerian Anglican Leaders Slam Politicians, Including Tinubu, Over Widespread Corruption and Economic Hardship
The Anglican Church of Nigeria condemned corruption among political leaders, criticizing insensitive government policies causing severe hardship for citizens. In a recent meeting, church leaders expressed solidarity with protests against bad governance and called for a comprehensive... -
Nigeria President Tinubu Set for Cabinet Reshuffle Ahead of October 1 Deadline
President Bola Tinubu is set to reshuffle his cabinet, according to Bayo Onanuga, Special Adviser on Information and Strategy. While no specific date has been announced, changes may occur before October 1st. The President urges ministers to better communicate their achievements to improve public... -
Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Nigeria's recent interest rate hike to 27.25% aims to curb inflation and stabilize the naira but poses challenges for businesses. The increased borrowing costs could reduce expansion and raise unemployment. Meanwhile, FX inflows may rise, stabilizing the naira, and savers benefit from higher...
Nigeria
Femi Otedola Donates N1 Billion to Augustine University, Awarding N1 Million Scholarships to All 750 Students
Renowned Nigerian billionaire and philanthropist Femi Otedola has donated a remarkable N750 million to Augustine University, offering each of its 750 students a scholarship worth N1 million. As the newly appointed Chancellor of Augustine University, Otedola revealed this generous scholarship...
A High Court in Enugu has issued a groundbreaking ruling, ordering the Nigerian Federal Government and the South-East Governors to pay Mazi Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), a sum of Eight Billion Naira (N8,000,000,000) as monetary damages for the infringement of...
The Super Eagles of Nigeria have maintained their 40th position in the latest FIFA world rankings, as per the release from the Fédération of Internationale Football Association (FIFA) on October 26, 2023.
In the top ten, there were no changes, with European and South American teams dominating...
Nigeria
Supreme Court Verdict on Tinubu's Victory Disappoints PDP, Sparks Concerns Over Judicial Impartiality
The recent Supreme Court decision affirming President Bola Tinubu's victory in the February 2023 election has left the Peoples Democratic Party (PDP) deeply disappointed and concerned about the impartiality of the judiciary. The PDP expressed its dismay over the judgment, which it believed went...
In the wake of the Supreme Court's decision affirming President Bola Tinubu's election victory, former President Muhammadu Buhari has commended the verdict and urged the opposition to collaborate with the newly elected leader. In a statement released by his spokesperson, Garba Shehu, shortly...
On Wednesday, the Nigerian naira experienced a significant boost, appreciating against the US dollar as it closed at NGN801.10 per $1. This marks a remarkable 5.83% increase from the previous day's rate, which stood at NGN847.77/$1.
The day's forex market saw an intraday high of N891/$1 and an...
The Supreme Court has ruled on a case concerning double nomination, stating that it should not have reached the court, and there is a finality to litigation. The issue of double nomination was previously resolved in May. The court emphasized that it cannot engage in extensive explanations...
Nigeria
Supreme Court Rules Non-Transmission of Live Election Results Inconsequential in Presidential Election Outcome
The Supreme Court has ruled that the failure of the Independent National Electoral Commission (INEC) to transmit election results live via the IREV system did not impact the outcome of the presidential election, as the IREV is not a results collation system. The seven-member panel, led by...
The Supreme Court has rendered its verdict by dismissing the appeals lodged by former Vice President Atiku Abubakar. This ruling solidifies the decision of the Presidential Elections Petitions Tribunal, which had previously upheld President Bola Ahmed Tinubu's victory as the winner of the...
The Supreme Court has affirmed the ruling of the Appeal Court, stating that a presidential candidate is not required to secure a minimum of 25 percent of votes in the Federal Capital Territory (FCT) to become the President of Nigeria. Led by Justice Inyang Okoro, the panel of judges reached this...
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