Property owners in Ebute-Metta, Lagos, are demanding N154.25 million from the Nigerian Railway Corporation (NRC) as compensation for the forceful takeover of their homes during railway construction in 2018. Five families from Adisa Estate along Murtala Muhammed Way, Oba Akinola Ovetade Akinrera, Alhaja Aisha Aminu Gwadabe, Alhaja Sadiat Abdulazeez, Mr. Justin Ajufo, and Mr. Ayodele …
Oil prices climbed on Wednesday after sliding to a one-month low in the previous session, though an expected supply glut and a potential Russia-Ukraine peace deal capped gains. Brent crude futures rose 27 cents, or 0.43%, to $62.75 a barrel at 0412 GMT, while U.S. West Texas Intermediate crude futures gained 24 cents, or 0.41%, …
In its drive to expand the use of Liquefied Petroleum Gas (LPG), also known as cooking gas, the Nigerian government has set a target of reaching at least 5 million households by 2030. Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo said the drive has already enabled over one million households to …
The Indigenous People of Biafra (IPOB) has dismissed as “false and irresponsible” a statement attributed to Senator Orji Uzor Kalu, which alleged that the group and its leader, Mazi Nnamdi Kanu, were responsible for over 30,000 deaths in the South East. In a statement issued by IPOB’s Media and Publicity Secretary, Emma Powerful, the group …
The two frontline candidates in Guinea-Bissau’s presidential poll, incumbent Umaro Sissoco Embaló and opposition contender Fernando Dias, have each declared victory ahead of the official announcement of results. Both campaigns said on Monday that their candidate had crossed the 50 per cent mark required to win outright and avoid a second round. Dias told supporters …
Senate Minority Leader and Benue South Senatorial District lawmaker, Comrade Abba Moro, has dismissed reports suggesting he plans to defect from the Peoples Democratic Party (PDP). In a statement issued by his Media Adviser, Emmanuel Eche’Ofun John, Moro described the speculation as “ridiculous”, saying he has not held any discussions with anyone about leaving the …
Bitcoin is currently testing a price level that could make or break the entire bull market, $88,000, the 100-week simple moving average that once stood as unbreakable resistance in 2022 before flipping to support and igniting the 2023 rally from $16,000 to $126,000. After a sharp 26% drop from $109,000 driven by liquidity fears and …
The Senate on Tuesday suspended plenary to honour the late Senator Okechukwu Ezea of the Labour Party (LP), representing Enugu North Senatorial District, who passed away on Tuesday, November 18. Following prayers, approval of votes and proceedings, announcements, and petitions in the order paper, the Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), moved a motion …
The Federal High Court in Abuja on Tuesday adjourned indefinitely the trial of former Anambra State Governor Willie Obiano over alleged misappropriation of ₦4 billion. The adjournment followed an application by the Economic and Financial Crimes Commission (EFCC), the prosecuting agency, requesting that the matter be adjourned sine die (without a fixed date). When the …
Lagos State Governor, Babajide Sanwo-Olu, on Tuesday submitted a proposed budget of ₦4.237 trillion for the 2026 fiscal year to the Lagos State House of Assembly for consideration and approval. The presentation follows the signing of the ₦3.366 trillion 2025 Appropriation Bill, themed “Budget of Sustainability,” into law on January 9, 2025. That budget had …
