Mcebisco 
The sharp drop in Nigeria’s inflation rate from 34.8% in December 2024 to 24.48% in January 2025 has sparked mixed reactions from economic analysts, businesses, and households. Inflation rate dropped to 24.48% in January after a rebasing exercise, the country’s statistical authorities have revealed. The news figures showed food inflation rate now 26.08 percent while … Read more
The National Coordinator of the Obidient Movement, Tanko Yunusa, has said that the Labour Party (LP) presidential candidate in the 2023 election, Peter Obi, is currently getting closer to Nigerians. Naija News reports that Yunusa made this known while reacting to the comment of the National Chairman of the LP, Julius Abure, that the party … Read more
The Oyo State Command of the Nigeria Immigration Service has arrested 40 illegal immigrants at different locations in Akinyele Local Government Area of the state. They were arrested at their hideouts, following a credible intelligence. According to the Oyo State Comptroller of the Nigeria Immigration Service, Mr. Tayo Dada, their profiling revealed that 27 of … Read more
Atalanta manager, Gian Piero Gasperini, has criticized Super Eagles forward, Ademola Lookman for missing a penalty in his team’s 3-1 defeat to Club Brugge in the Champions League knockout round play-offs. Ademola Lookman made a strong return from injury, having been sidelined since the end of January with a knee issue, and he quickly showcased … Read more
Justice Inyang Edem Ekwo of the Federal High Court in Abuja has denied the request made by the National Secretary of the Peoples Democratic Party (PDP), Senator Samuel Anyanwu, to prevent the Independent National Electoral Commission (INEC) from implementing his removal as Secretary of the party. Instead, the judge instructed Anyanwu to notify INEC and … Read more
Former international, Jide Oguntuase, has spoken out against the creation of a Presidential Support Group to help the Super Eagles qualify for the 2026 World Cup, describing the initiative as a waste of resources. There are strong indications that the group which is expected to take off with N3 billion grant will be headed by … Read more
The Nigerian government, through the Federal Inland Revenue Service (FIRS), has approached the Federal High Court in Abuja, seeking an order for Binance Holdings Limited, a global cryptocurrency exchange platform, to pay $79.5 billion for alleged economic losses and an additional $2 billion in unpaid taxes for 2022 and 2023. According to court documents, the … Read more
In the last 15 years, over 80 companies have left the Nigerian Exchange (NGX) either voluntarily or by regulatory action. The reasons are either they are pursuing strategic opportunities elsewhere or governance, liquidity crisis, and regulatory challenges. While already delisted companies like Capital Hotels, Ardova Plc, Union Bank, and Flour Mills of Nigeria are premised … Read more
The Kaduna State University (KASU) chapter of the Academic Staff Union of Universities (ASUU) has embarked on an indefinite strike over unresolved welfare concerns. In a statement released on Tuesday, the union’s chairman, Peter Adamu, and secretary, Peter Waziri, confirmed that the decision followed approval from ASUU’s National Executive Council. The statement emphasized that the … Read more
FCT, Abuja – No fewer than 450 workers in 109 Nigerian missions abroad have not been paid their salaries for the past five to six months. The foreign service officers have been thrown into financial distress as they can no longer afford rent, children’s school fees, or other family and social obligations. Officials at various … Read more