Former Vice President Atiku Abubakar has condemned the directive by President Bola Tinubu to the Central Bank of Nigeria to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (NNPCL). In a statement he signed on Thursday, Atiku described the directive as illegal and that it undermines the…
The United Nations independent human rights experts have warned that the ongoing military operations by Israel in Gaza have made it the deadliest and most dangerous war for journalists covering it “in recent history”. They gave the warning in a statement on Thursday. Expressing deep concerns, the Human Rights Council-appointed experts highlighted the alarming toll…
Airtel Africa has revealed plans for a $100m share buyback programme starting March 2024. This is as the company also reported a 99.6 per cent decline in its post-tax profit to $2m at the end of the nine months ended December 2023 from $523m at the end of the same period in 2022. Providing insights…
Fortified Sugar brought in the highest revenue to BUA Foods of its different business segments in 2023. The firm’s total revenue rose by 74.13 per cent to N728.48bn in 2023 from N418.35bn in the prior year, underpinned by 153 per cent growth in income from fortified sugar to N327.55bn. This was revealed in the unaudited…
Fuji maestro, Wasiu Ayinde Marshal, popularly known by his stage name, K1 De Ultimate, has told President Bola Tinubu that Nigerians are suffering and angry with his government due to the current poor state of the economy. K1 said this in a video recording that surfaced on Thursday during one of his recent stage performances….
Former President of the Senate, Bukola Saraki, on Friday in Abuja called on Kwara Government to tighten security in the state, to address cases of insecurity. Dr Saraki, President of the 8th Senate, made the call in a statement while reacting to Thursday’s killing of the traditional ruler (Olukoro) of Koro, Ekiti Local Government Area…
When artists step onto the stage for the Grammy Awards in Los Angeles on Sunday, all except one of the nominees for the newly created Best African Music category will be Nigerians. For the country’s creative industry leaders, the dominance of Afrobeats stars like Burna Boy and Ayra Starr at music’s biggest accolade is recognition…
Armed assailants have shot a traditional ruler and abducted his wife along with another individual in the southwestern region of Nigeria, authorities say. The victim was Segun Aremu, a retired army general and monarch holding the esteemed title of Olukoro of Koro. The attack unfolded on Thursday night when the assailants forcefully entered the palace….
Ukraine expects to receive the first payment from the EU in the amount of 4.5 billion euros ($4.8bn) in March, according to Yuliya Svyridenko, Ukraine’s deputy prime minister and economy minister. She wrote on Facebook that Ukraine “have come one step closer to economic stability for the next four years”. Ukraine expects to receive 18…
