Two people have reportedly died after an explosion rocked a 200 housing estate under construction in Dalwa, Borno State. Channels Television reports that an Improvised Explosive Device exploded and killed the two persons at about 1pm on Wednesday. Dalwa is a community that is about 175 kilometres away from Maiduguri. According to the report, the … Read more
Petroleum marketers have been cautioned by the federal government through Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun to refrain from hoarding and any other sharp tactics prior to, during, and following the holiday. Residents of the state were also cautioned by the agency not to store petroleum products at home or engage … Read more
Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects. Orsted was dealt a $4 billion blow last year when it cancelled wind farm projects in the United States, a crucial market for the group. The return … Read more
Maiduguri, Borno state – Two people have been reportedly killed after an improvised explosive device (IED) went off in a housing estate under construction in Dalwa, Borno state. Borno is governed by an All Progressives Congress (APC) chieftain, Professor Babagana Zulum. As reported by Channels Television, the explosion happened around 1 p.m. on Wednesday, December … Read more
The leader of the United Kingdom (UK) Conservative Party, Kemi Badenoch, on Wednesday, said she is not interested in doing Nigeria’s PR, after the Vice-President, Kashim Shettima criticised her for denigrating the country. Badenoch was born in the UK in 1980 to Nigerian Yoruba parents. She, however, returned to Nigeria, where she grew up and … Read more
Findings by Legit.ng show that Nigerian banks are rationing cash in over-the-counter withdrawals and ATMs. The development comes amid worsening cash scarcity nationwide, leading to Point-of-Sale (PoS) operators exploiting the situation to hike their charges by as much as 100%. Banks impose N10,000 cash withdrawal limit Visits to some banks in the Lagos metropolis show … Read more
In Federal University of Technology, Akure (FUTA), where dreams are often forged from sheer will and determination, Caleb Temiloluwa Adewole emerged as a beacon of academic excellence. His story, much like a river carving its path through mountains, is one of resilience, unwavering faith, and an insatiable thirst for knowledge. Caleb Temiloluwa Adewole first-class graduate … Read more
The federal government has said not less than 11 laws that contain provisions on imposition and collection of taxes would be repealed if the proposed tax reforms submitted by President Bola Tinubu are approved. The government also submitted that the reforms aim to scrap over 50 nuisance taxes suffered by local businesses in the country. … Read more
In the year 2024, the sports world mourned the loss of several remarkable Nigerian athletes whose legacies will always be cherished. Below are the notable Nigerian athletes who passed away in the outgoing year: Peter Fregene (October 14, 2024): The iconic former national team goalkeeper, Peter “Apu” Fregene died at the age of 77 after … Read more
South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. With the acquisition of a 63.88 percent stake, Korean Air said it had invested 1.5 trillion won in the merger, “making … Read more
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 11th December, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? … Read more
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Traditional media companies the world over are in a battle for survival as precious advertising dollars are hoovered up online. Australia wants … Read more
A Nigerian family’s journey to homeownership in the United Kingdom has captured the hearts of social media users. Their inspiring story quickly went viral with many netizens wishing them well and tapping into their blessing. Couple in UK becomes house owners TikTok user @its_veeachalu shared a captivating video showcasing their stunning new home, sparking massive … Read more
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Traditional media companies the world over are in a battle for survival as precious advertising dollars are hoovered up online. Australia wants … Read more
Popular Nigerian singer, Crown Uzama, known professionally as Shallipopi, has accused Dapper Music of financial exploitation, weeks after announcing his exit from the label. Naija News reports that Shallipopi parted ways from the record label in November 2024. In a statement released on Wednesday, Shallipopi accused the label of breach of trust and mishandling his finances. … Read more
Wholesale gas-producing companies have formally notified all power generation companies of the suspension of natural gas supply. This was disclosed by the Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, during an interview with Punch. The suspension of the gas supply is due to the non-payment of debts accrued from previous … Read more
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Thursday, 12th December, 2024 President Bola Tinubu has reaffirmed his government’s commitment to deepening the partnership between Nigeria and Germany, with a focus on energy and key sectors crucial for economic development. Speaking during a bilateral meeting with German … Read more
Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China’s economy. Seoul’s Kospi ticked higher for a third straight day, eating further into the losses sustained … Read more
Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again. It would be the ECB’s third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment … Read more
The movers and shakers of the video game industry will gather Thursday in Los Angeles to celebrate the annual Game Awards, the sector’s equivalent of the Oscars. But no amount of glitz and glamour can put a sheen on what has been one of the worst years in the industry’s history, marked by waves of … Read more