National Assembly Initiates Joint Investigation Into Economic Sabotage in the Petroleum Sector
Senator Bamidele Announces Joint Investigation by Senate and House into Alleged Economic Sabotage in Petroleum Sector
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Dangote Reflects on Missed Opportunity: “I Regret Not Buying Arsenal”
In a recent interview with Bloomberg TV in New York, Aliko Dangote, the Chairman of Dangote Group and Africa’s second-richest individual, expressed regret over his missed opportunity to purchase the Premier League club, Arsenal, for $2 billion. The Nigerian billionaire acknowledged that the current valuation of the club has soared to around $4 billion, making…
FEC Approves Disaster Relief Fund to Enhance Swift Emergency Response Across Nigeria
The Federal Executive Council (FEC) has approved the creation of a Disaster Relief Fund to facilitate swift and effective response to victims of disasters across Nigeria. This new initiative is designed to ensure rapid relief and recovery efforts for communities impacted by emergencies such as floods, fires, and other natural or man-made disasters. The announcement…
Former Barcelona Goalkeeper Offers to Come Out of Retirement After Ter Stegen’s Devastating Injury
Barcelona suffered a devastating setback on Sunday when their captain and star goalkeeper, Marc-André ter Stegen, sustained a severe knee injury during their 5-1 La Liga victory over Villarreal. The German international was visibly distressed as he was carried off the pitch on a stretcher in tears. The incident sent shockwaves through the club, with…
Jude Bellingham Defies Medical Advice, Continues to Play
There have been growing concerns about Jude Bellingham’s fitness, with suggestions surfacing that the England international might require surgery after representing his country at Euro 2024. Bellingham has been playing through pain for a significant portion of the 2023-24 season, following a dislocated shoulder sustained during a clash with Rayo Vallecano in October. Nearly a…
Nigeria’s External Reserves Reach 22-Month High at $37.31bn, Says CBN
Nigeria’s external reserves have surged to a 22-month high of $37.31 billion, marking a significant inflow of foreign currency into the nation’s economy. Data from the Central Bank of Nigeria (CBN) shows that as of September 18, 2024, the reserves reached their highest level since November 4, 2022, when they stood at $37.36 billion. This…
MrBeast, YouTube’s Mega Star, Hit with 54-Page Lawsuit: What’s at Stake?
Jimmy Donaldson, better known as MrBeast, is currently facing a significant legal challenge as a 54-page lawsuit has been filed against him by a former employee. The lawsuit brings forward allegations of wrongful termination and breach of contract, claiming that the workplace fostered a toxic environment. The plaintiff, who had been involved in several high-profile…
Federal Government Weighs 60% Reduction in Diesel Prices
The Federal Government of Nigeria is set to achieve over 60 percent savings in diesel costs following the successful retrofitting of its train locomotives to operate on a dual-fuel system. This achievement is a major stride toward reducing operational expenses in the rail sector and promoting the use of cleaner energy. Saidu Alkali, Nigeria’s Minister…
Federal Government to Backdate Minimum Wage Payments to July 29
The Committee on Consequential Adjustments in Salaries for civil servants has reached a consensus on the implementation date for the new national minimum wage, which is set to take effect from July 29, 2024. This decision was outlined in a Memorandum of Understanding (MoU) issued after the committee’s meeting, a copy of which was obtained…
NNPC Takes Steps to Revive $29.8 Billion Brass and Olokola LNG Projects
The Olokola LNG project, located in Ogun State, is valued at an estimated $9.8 billion, while the Brass LNG project in Bayelsa State is projected to cost $20 billion.
