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S’Court dismisses suit against Oyetola’s participation in gov poll

The Supreme Court yesterday dismissed an appeal filed by the Peoples Democratic Party (PDP) seeking to nullify the nomination and participation of former Osun State Governor Gboyega Oyetola and his deputy, Benedict Alabi, in the July 16, 2022 governorship election. A five-member panel of the apex court, led by Justice Chima Nweze, dismissed the appeal […]

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IMF: Central banks should prepare markets for higher interest rates

Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down to target and avoid a rebound in price pressures, the International Monetary Fund (IMF) said yesterday. “Central banks should communicate the likely need to keep interest […]

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Petrol scarcity won’t frustrate elections, NNPCL tells Tinubu

The Nigerian National Petroleum Company Limited (NNPCL) has said that the scarcity of Premium Motor Spirit (PMS), otherwise called petrol or fuel, is not intended to affect or frustrate the forthcoming general election. Group Chief Executive Officer (GCEO), NNPCL, Mallam Mele Kyari, stated this yesterday while speaking during an NTA’s ‘Good Morning Nigeria’ programme monitored […]

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US lawmaker wants Nigeria blacklisted for religious freedom violations

In a bid to address the apparent religious crisis in the country, a member of the United States House of Representatives, Chris Smith, has introduced a bipartisan resolution to return Nigeria to the State Department’s annual list of countries that violate religious freedom in the world. The resolution came after the US Secretary of State, […]

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New Notes: Pains regrettable, transient, necessary for economic growth –FG

The Federal Government has described the pains being experienced by the people in their bid to swap the old naira for the re-designed ones as regrettable and transient, but necessary for the growth of the nation’s economy. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said this yesterday while responding to questions on […]

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NNPCL, Daewoo sign $741m deal to rehabilitate Kaduna Refinery

With the rehabilitation of the Port Harcourt Refinery completed, the Nigerian National Petroleum Company Limited (NNPCL) has shifted attention to the Kaduna Refinery & Petrochemical Company (KRPC) Limited as it yesterday signed an agreement with Daewoo Engineering & Construction Nigeria Limited for its repairs. Speaking at the ceremony in Abuja, NNPCL Executive Vice President, Downstream, […]

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Digital economy saves Nigeria N45.7bn in IT projects clearance, says Buhari

President Muhammadu Buhari has said the digital economy sector has been most successful in the diversification of the nation’s economy, saving the Federal Government over N45.7 billion in IT projects clearance. The President made this disclosure yesterday when he unveiled and launched two new policies developed by the Ministry of Communications and Digital Economy at […]

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