January 22, 2024
Court Nullifies Rivers 2024 Budget, orders Governor to re-present to House
A Federal High Court in Abuja has nullified and set aside the presentation and passage of the Rivers State 2024 Budget by a four-member state assembly. Justice James Omotoso, on Monday, also ordered Governor Siminalayi Fubara to represent the budget to the legally constituted House of Assembly under Speaker Martin Amaewhule. James Omotoso also held […]
Mother Dumps 5-Month-Old Baby In Ogun River
A 30-year-old mother, Oluwabunmi Ajayi, has been arrested for allegedly dumping her five-month-old baby, Imole Anifowose, in a river at Sagamu, Ogun State. The mother allegedly dumped the baby in the river in what the police tagged premeditated drowning. The police spokesperson, Omolola Odutola, said the mother was arrested following an attempted murder case which […]
Portable Beaten Up For Not Performing At Show
Controversial artiste, Habeeb Okikiola aka Portable, has taken to Instagram to share a video of him being attacked in his house on Monday morning. The assailants accused him of neglecting to perform at a paid gig. The artist posted videos of some men at his flat having a heated argument with him. In the videos, […]
Ghana secures additional $600m IMF facility
The International Monetary Fund (IMF) has completed the 2023 Article IV consultation and the first review of Ghana’s 36-month extended credit facility arrangement, with the approval of the first review paving the way for immediate disbursement of SDR 451.4 million, about $600 million. The IMF stated that Ghana’s performance under the programme has been strong […]
FG issues N2b savings bonds in 2024’s maiden issuance
The Federal Government has raised about N2 billion from the latest issuance of the monthly retail savings bonds as investors continued to show strong appetite for sovereign securities.The January 2024 tranches of the monthly retail bond issuance, otherwise known as Federal Government of Nigeria Savings Bond (FGNSB), were the first debt issuances by the government […]
Senate to summon Wike over worsening insecurity in Abuja
The Senate is set to summon Minister Nyesom Wike following the escalating security challenges in the Federal Capital Territory, Abuja. This was revealed by the senator representing the FCT, Ireti Kingibe, during a Sunday interview on Channels TV. Senator Kingibe, who was elected under the Labour Party (LP) platform, expressed concern about the recent surge […]