By Seun Opejobi The Senate on Thursday confirmed the nomination of 11 new Justices of the Supreme Court. Their confirmation followed the consideration of the report of the Senate Committee on Judiciary, Human Rights and Legal Matters. The Senate approved the recommendation of the committee, ...

The Port Harcourt Refining Company, PHRC, Limited, with a combined capacity of 210,000 barrels per day, commenced operation on Wednesday, DAILY POST learnt. According to a video sighted by DAILY POST, the refinery’s flare indicated the commencement of oil refining. The development comes ...

President Bola Tinubu has directed a 50 percent cut in land transportation fares from today to January 4, 2024, across the country. The President also approved zero fare for train transportation in all the states of the federation within the same period. Reacting to the development, Nigeria ...

A total of 113 Nigerian Army Generals on Tuesday bowed out of the service. The breakdown includes one General, one Lieutenant General, 67 Major Generals, and 44 Brigadier Generals. At the Regimental Dinner Night organised in honour of newly retired and retiring Nigerian Army senior officers ...

Telecom companies in Nigeria have warned all subscribers, who Subscriber Identity Module, SIM cards are yet to be linked with their National Identity Numbers, NIN, to do so before February 28, 2024, or lose the numbers parmanently. This came as  the umbrella body of the telcos, Association of ...

By Ifreke Inyang The Minister of Labour and Employment, Simon Lalong, on Tuesday, officially tendered his resignation to President Bola Tinubu. Lalong is stepping away from the role, to enable him take his seat at the Senate as Senator Representing Plateau South Senatorial District. His ...

The Chairman of the Economic and Financial Crimes Commission, Mr Ola Olukoyede, has called for legislation against unexplained wealth, as a way of checking the criminal activities of treasury looters in the country. The EFCC spokesperson, Mr Dele Oyewale, in a statement, quoted Olukoyede as making ...

President Bola Tinubu, on Wednesday, swore in Dr. Musa Aliyu as substantive Chairman of the Independent Corrupt Practices and Other Related Offences Commission following his confirmation by the Senate. Aliyu took the oath of office at 12:24 pm in the Council Chamber of the State House, Abuja, the ...

The Central Bank of Nigeria has announced a suspension of applications for new loans, under its development finance intervention funds programme. The suspension represents a significant shift in its approach to development finance intervention funds, which was previously considered a cornerstone ...

By Amos Tauna The federal government might have to pay N600 billion in electricity subsidies, the Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba, has disclosed. He disclosed this at the ministerial retreat on the Integrated National Electricity Policy and ...

The Minister of Solid Mineral, Mr Dele Alake, has alleged that powerful Nigerians involved in illegal mining were responsible for other criminal activities and involved in sponsoring banditry and terrorism in the country. Alake said this when he appeared before the House of Representatives ...

The Federal Government has unveiled President Bola Tinubu’s 4D Policy to the World through the Diplomatic Corps in the country. The launch of 4D policy is one of the present administration’s vision to drive its transformative agenda and seeks to recalibrate Nigeria’s global engagement strategy. ...

By John Owen Nwachukwu Stakeholders in the Downstream Petroleum sub-sector have assured Nigerians of a significant reduction in the pump price of fuel, indicating optimism that the ongoing crises in the energy sector will soon be resolved. They specifically anticipate a drop in petrol prices with ...

The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it. In a list published on its website, the commission listed 91,843 companies for delisting (2,738 less than the 94,581 it initially published in August). This is still less than the ...

Bank customers’ agony over the prevailing cash scarcity increased, yesterday, as more banks resorted to rationing cash withdrawals while Point of Sale Operators, PoS, operators, hiked transaction fees by 100 per cent. Meanwhile, the Central Bank of Nigeria, CBN in a move aimed at ameliorating the ...

No fewer than 416 unarmed citizens have been killed by accidental airstrikes of the Nigerian military within the space of 9 years in 16 communities located in the northern region of the country, findings by Daily Trust Saturday have revealed. Although the military high command and the Nigerian ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Saturday 9th December 2023. Rhoda Jatau, who spoke against an alleged killing in Sokoto State, was released from prison after 18 months. Her freedom was facilitated by interventions from Christian groups like the ...

By John Owen Nwachukwu The National Pension Commission, PenCom, recovered N24.8 billion of funds unremitted by employers in the third quarter of 2023. Oguche Agudah, Chief Executive Officer of Pension Funds Operators’ Association of Nigeria made the declaration on Friday in Lagos. He spoke at a ...

By Ogaga Ariemu Amid Nigeria’s currency shortage, the Central Bank of Nigeria has warned Nigerians against counterfeit Naira banknotes. On Friday, the apex bank gave the warning in a notice titled ‘Beware of Counterfeit Naira Banknotes in Circulation’. The Bank urged all Deposit Money Banks, ...

The Federal Government has budgeted N548.56billlion for federal roads across the country, with Abuja-Lagos Super highway and Lagos -Port Harcourt coastal road getting the lion share of N500 million each. This is contained in the 2024 budget proposal currently being considered by the National ...

A lecturer at the University of Ibadan, Dr. Tade Oludayo has disclosed that lecturers now contribute money to get courses accredited by the National Universities Commission, NUC, in most of the public universities in the country. Tade, who lectures in the department of sociology, insisted that ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Friday 8th December 2023. Arewa Consultative Forum Demands Removal: The Arewa Consultative Forum demanded the removal of Major-General V.U. Okoro, the General Officer Commanding One Division of the Nigerian Army in ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Thursday 7th December 2023. Supreme Court Vacancies: The National Judicial Council has chosen 11 Justices to fill vacancies at the Supreme Court, addressing the current shortage of justices. Bombing in Kaduna: ...

In a bid to enhance bilateral relations and strengthen air travel between the two countries, the federal government of Nigeria and Kuwait have signed a Bilateral Air Services Agreement (BASA). The agreement was signed at the ongoing International Civil Aviation Negotiation (ICAN) Event of the ...

Controversy has continued to trail the huge number of delegates representing Nigeria at the ongoing climate change summit (COP28) in Dubai, the United Arab Emirates. Although Nigeria had 1,411 delegates at the conference, the same figure as China, the Federal Government had put the ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Wednesday 6th December 2023. House of Representatives Committee Issues Warrant of Arrest: The Committee on Public Petitions issued a warrant of arrest for the CBN Governor, Accountant General, and others for failing to ...

President Bola Tinubu, Vice President Kashim Shettima and their aides are to spend the sum of N15.961 billion on international and local travels in 2024. The figure is contained in the 2024 Appropriation Bill,  now being considered by the National Assembly. If approved by the federal ...

The salaries of over 2,000 civil servants working in Federal Government ministries, departments and agencies have been withheld, sources familiar with the matter confided in our correspondent on Monday. A senior civil servant at the Federal Ministry of Defence, who spoke to our correspondent on ...

Nigeria’s electricity generation rose by 5.1 percent, yesterday, to 5,011 megawatts, MW, from 4,757.36MW recorded last week. This was contained in the data obtained from the Nigerian Electricity System Operator, NESO, an autonomous unit of the Transmission Company of Nigeria, TCN. The data ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Tuesday 5th December 2023. COP28 Delegation Controversy: Nigeria faced criticism for sending a large delegation to the COP28 climate summit in Dubai. The Federal Government clarified that it sponsored 422 out of 1,411 ...

Ahead of the expected resumption of negotiation between the Federal Government and the organised labour on the new Minimum Wage, the Nigeria Labour Congress, NLC, is meeting in Abuja to brainstorm so as to arrive at a living wage that is commensurate with the prevailing cost of living. This came ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Monday 4th December 2023. In Ekiti State, the All Progressives Congress (APC) secured victory in all 38 chairmanship and 177 councillorship seats during the local government elections held across different areas in ...

There are indications that Nigeria’s economy is reversing back to oil-sector led development while the gains made in non-oil sector is now reversing. But feelers from the Organisation of Petroleum Exporting Countries, OPEC, have indicated that a fresh challenge to the nation’s new strength in the ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Sunday 3rd December 2023. The Acting Chairman of the Peoples Democratic Party (PDP), Umar Damagum, announced that the National Working Committee under his leadership will not take punitive actions against ...

The Nigeria Immigration Service on Friday said that barring unforeseen technical issues, Nigerians would get their passports three weeks after the day of submission of the application. The Comptroller General, Mrs Caroline Adepoju, disclosed this on Friday while speaking to newsmen at the ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Saturday 2nd December 2023. BVN and NIN Directive by Central Bank: The Central Bank of Nigeria instructed commercial banks to impose a "post no debit" restriction on accounts without Bank Verification Numbers (BVN) and ...

The Governments of Nigeria and Germany on Friday signed the Presidential Power Initiative agreement designed to ultimately inject 12,000 MegaWatts of electricity into the national grid. The signing was presided over by the leaders of both countries, President Bola Tinubu of Nigerian and German ...

By Seun Opejobi The Central Bank of Nigeria (CBN) has set a date to freeze bank accounts without a Bank Verification Number (BVN) or National Identification Number (NIN). CBN said bank accounts without NIN and BVN will be restricted from April 2024. This was contained in a circular jointly ...

By Abdul Seye The House of Representatives has adjourned plenary session till December 12 after passing the 2024 budget proposal through second reading. It would be recalled that the House resolved to hold a session on Friday to allow members to discuss the N27.5 trillion budget. The members ...

By Ogaga Ariemu President Bola Ahmed Tinubu’s administration says it targets one million jobs for Nigerians through the National Talent Export Programme. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed Thursday in Abuja at the closing ceremony of NATEP 2023. ...

LAGOS—FOLLOWING the dust raised by the Oba of Benin, Omo N’Oba N’Edo, Oba Ewuare II, over the founders and settlers of Lagos, the Olofin of Isheri and Adimula of Awori Kingdom, Oba Sulaimon Bamgbade, yesterday, insisted that the Awori people were the first settlers in Lagos. But the Erelu Kuti ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Friday 1st December 2023. New Minimum Wage Regime: The Federal Government plans to implement a new minimum wage starting April 1, 2024, as the current N30,000 minimum wage will expire at the end of March 2024. ...

The presidency has assured that Nigerians will begin to see the effects of the 2024 budget within the shortest possible time. Senior Special Assistant on National Assembly Matters to President Bola Tinubu, Kunle Olanrewaju, gave this assurance in an interview on Channels Television’s Politics ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Thursday 30th November 2023. Assassination of Director of Finance: Mr. Taiwo Oyekanmi, the Director of Finance and Accounts in the office of Governor Dapo Abiodun, was killed in Abeokuta, Ogun State, while returning from ...

By Don Silas President Bola Tinubu on Wednesday said Nigeria’s national defence and internal security, local job creation, macro-economic stability, human capital development, social security, poverty reduction and investment environment optimization are some of the top priorities of the 2024 ...

By Seun Opejobi The Supreme Court has granted the request by the Federal Government for the extension of the lifespan of the N200, N500 and N1000 notes that were redesigned under the immediate past administration of President Muhammadu Buhari. In a ruling on Wednesday morning, a seven-member ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Wednesday 29th November 2023. Godwin Emefiele, the former governor of the Central Bank of Nigeria, might face continued detention through the Christmas and New Year festivities due to his failure to meet bail ...

Here’s a brief update of Latest Nigerian News from Nigerian Newspapers of Tuesday 28th November 2023. President Bola Tinubu is set to present the 2024 Appropriation Bill to the National Assembly. The Federal Executive Council approved an increase in the bill from N26.01tn to N27.5tn. Fresh ...

The Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to ...

By Matthew Atungwu President Bola Ahmed Tinubu has indicated that the Federal Government is considering reintroducing the Policy of University Full Autonomy to promote progress and minimize external impediments. This decision is consistent with the government’s belief that university autonomy ...