Author: Webmaster

Fuel queues have made a concerning return to many Nigerian cities, including Abuja, Lagos, Kano, and Kaduna, as motorists face rising prices for Premium Motor Spirit (PMS), commonly known as petrol. The sudden resurgence of queues has sparked fears of fuel shortages and public discontent. Fuel Stations Closed, Prices Rising In Abuja, several filling stations have shut their gates, citing a lack of fuel supply. Notable closures include A.A. Rano on Airport Road, Shafa at City Gate, and major retail outlets like Total, AP, and Mobil. Those that remain open, such as the Nigeria National Petroleum Company Limited (NNPCL) stations,…

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Ryanair boss Michael O’Leary has told reporters that he would happily assist with the government’s controversial plan to deport refugees to Rwanda. The Rwanda Bill is awaiting royal assent to formally become law, paving the way for deportation flights to get off the ground. Parliament passed the legislation earlier this week, just hours before news emerged of another tragedy in the Channel when five migrants diedtrying to make the journey to the UK. But the government has struggled to find an airline willing to risk the reputational damage that is likely to come with being involved in the scheme, with Rwanda’s…

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An LGBTQ+ friendly Easter vigil turned into momentary chaos when a prominent Episcopal bishop tore the collar off a female reverend who drew a momentary blank during the eucharistic prayer which was emceed by a drag queen. Bishop Alan M. Gates is under fire for his caught-on-camera moment when he yanked the clerical collar from Rev. Tamara Tucker’s neck during the Great Vigil of Easter at The Cathedral Church of St. Paul in Boston on March 30. Tucker is the priest and lead organizer of The Crossing, an emerging church worship community committed to radical welcome and a safe space for…

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-Merger with the Central Bank of Nigeria’s NIRSAL Microfinance Ltd. -Recapitalization to allow fresh capital injection to revitalize the bank, hence the immediate reconstitution of the Board of Directors of the Bank to enhance corporate governance. -Ceding National Agricultural Land Development Authority (NALDA) land titles to BOA so that it reflects in its Balance Sheet, thus increasing its capital adequacy for the purpose of raising funds from institutional investors. -Provision and upgrade of the Bank’s ICT infrastructure to automate processes, reduce costs and enhance the Bank’s outreach to the grassroots -Enhance governance and risk management by appointing qualified Board members…

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Ekiti State Governor, Mr Biodun Oyebanji, has said his government would continue to make strategic moves to ensure adequate security of lives and property in the state. The governor gave the assurance during a visit to the residence of former Chief of Defence Staff, General Abayomi Olonisakin (rtd), in Abuja on Wednesday. Governor Oyebanji, who noted that development thrives in an atmosphere of peace and tranquility, said his private visit to the former CDS was not unconnected with efforts to further secure Ekiti State. He described the retired military general as a proud citizen of the state who has been…

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The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe has expressed concerns about the ongoing depreciation of the Naira, attributing it to the profits generated by forex trading platforms such as Binance and peer-to-peer platforms. In an interview with the News Agency of Nigeria on Wednesday, April 24th, 2024, in Abuja, Gwadabe highlighted that the sustained profits of platforms like Binance and other hidden online trading platforms pose a significant threat to the stability of the Naira. He emphasized the urgent need to address this issue to prevent further damage to the Naira’s stability.…

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At the plenary sitting of Tuesday 23rd April, 2024 the House considered a bill tilted “Afe Babalola’s Day Recognition”, sponsored by the duo of Rt. Hon. Bolaji Olagbaju Egbeyemi and Hon. Ayodeji Adegbite representing Ado Constituency 2 and 1 respectively. After the Bill was read the first time, it was subjected to debate. Leading the debate, Rt. Hon. Bolaji Olagbaju Egbeyemi, the Deputy Speaker of the Aseembly, informed the House that the bill is in recognition of the contributions of Aare Afe Babalola to the development of the Ekiti State and the Country at large. She stated further that the…

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The National Council on Privatisation (NCP) has received key recommendations from its committee on the Bank of Agriculture (BOA), including a proposed merger with the Central Bank of Nigeria’s NIRSAL Microfinance Ltd and a fresh capital injection to revitalise the bank. Addressing the second NCP meeting of 2024 at the Presidential Villa on Wednesday, the Vice President, Senator Kashim Shettima, in a statement by his spokesman, Stanley Nwocha reiterated President Bola Tinubu’s commitment to repositioning and reforming BOA to drive the administration’s food security agenda. “Let’s get very sound professionals with integrity to manage the bank. If we use it…

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Disputed Edo State Labour Party’s deputy governorship aspirant, Mrs Yinka Faith Alufokhai will be facing perjury prosecution based on a petitioned signed by a Civil Rights Organization, Empowerment For Unemployed Youth Initiative (EFUYI) and addressed to the Nigeria Police Force and Independent Corrupt Practices and Other Related Offices Commission (ICPC). In the acknowledgement copies of the petitions signed by the Nigeria Police Force and ICPC which was made available to journalists in the nation’s federal capital territory, Abuja, the group is seeking the prosecution of Mrs Alufokhai and her subsequent 14 years imprisonment in accordance to the nation’s Constitution for…

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