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BREAKING: Police Arraign 29 Suspected Yoruba Nation Agitators In Court

The Investigative Police Officer, Bakare Rasaq, an Inspector with the state Criminal Investigation Department, Iyaganku, Ibadan, said the Oyo State Police command acted in line with its promise to ensure the arrested invaders of the Oyo State government secretariat are duly prosecuted by charging them to court. The case, with charge number Mi/520c/2024, is between…

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Donors pledge $630 million for conflict-hit Ethiopia

The United States, Ethiopia’s leading humanitarian donor, warned that its resources are “increasingly stretched.” The UK, the second-largest donor, said Ethiopia risks being ”overshadowed by other humanitarian crises globally.” Donors also called on the Ethiopian government to ensure aid is delivered without interference and reaches those in need. Last year, the U.S Agency for International…

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Edun says, ‘Economy in Right Direction’ Food Inflation Slowing, FG’s Revenue Up

The minister spoke virtually on Channels Television’s Business Incorporated programme on Tuesday from Washington DC where he is attending the IMF-World Bank Spring Meetings. Edun said himself and Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, are in Washington DC to showcase the progress made so far in the Nigerian economy. The finance…

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NERC-Pays N205bn Electricity Subsidy,As DisCos Withhold ₦50bn in Q3 2023

The Commission’s third quarterly market report revealed the government incurred a subsidy obligation of about ₦205bn in 2023/Q3 (average of ₦68bn per month), which is an increase of ₦69bn compared to the ₦135bn (average of ₦45bn per month) incurred in 2023/Q2. This increase in subsidy payment, according to the report, was largely attributable to the…

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