Category: News

The detained leader of the proscribed Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, yesterday appeared in court for his re-arraignment amid thight security, eliciting some joyous reaction in court and most parts of the Southeast. His trial had been delayed for three months when authorities failed to produce him in court.    Kanu was brought into the court premises in a heavily fortified security convoy led by a black Prado SUV at exactly 8:00 a.m. Many were sceptical as to whether he was actually in the convoy considering that…

The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria to take over the ownership of Heritage Bank of Nigeria for owing the Federal Government more money than its entire share capital. The threat was made by its ad hoc committee on the assessment and status of all recovered loots (movable and Immovable assets) from 2002 to 2020 by agencies of the Federal Government for effective efficient management and utilisation. The committee also threatened to issue an arrest warrant on the Managing Director of…

The Nigerian Bulk Electricity Trading Plc on Thursday provided statistics on misalignments in the power value chain, saying that about 14,000 megawatts of electricity was contracted to power generation companies. Managing Director, NBET, Nnaemeka Ewelukwa, gave a breakdown of the quantum of Nigeria’s electricity demand, what was contracted, available capacity, what was produced, among others. He provided these statistics while speaking during a plenary session at the World Energy Day Conference 2021, with the theme, ‘Energy Transition: Gas as Fuel of Choice’, organised by the Abuja Chamber of Commerce and…

Kaduna State Governor, Nasir el-Rufai, has called on the Federal Government to declare bandits as terrorists to allow the Nigerian military deal with them according to international law. This came as no fewer than 343 persons were killed from July to September 2021 in Kaduna State, while 830 others were kidnapped. The governor spoke yesterday at the presentation of the Kaduna State Security Incidents Report for the Third Quarter of 2021 in Kaduna saying “we in the Kaduna State Government, have always aligned with the declaration of bandits as insurgents…

The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote entrepreneurship and reduce unemployment. The CBN disclosed this on Wednesday in a report, titled ‘Guidelines for the implementation of tertiary institutions entrepreneurship scheme’. “Five top Nigerian polytechnics and universities with the best entrepreneurial pitches/ideas shall be awarded as follows: first place – N150m; second place – N120m; third place – N100m; fourth place – N80m; and fifth place – N50m,” it said. It added that activities to be covered under the scheme…

Aggrieved youths yesterday, shunned police directive banning protest and protested in commemoration of the one year anniversary of the #EndSARS protests in Osogbo, Osun State capital. The youths, who carried banners and placards, chanted anti-government songs as they marched from Ita-Olokan area through Oja-Oba, Station Road, Post Office, Old-Garage and Oke-Fia areas of the town. When the protesters gathered at Oke-Fia, a team of policemen stormed the environment and dispersed the youths. However, another team of policemen led by the Divisional Police Officer, Dugbe Division, Osogbo, CSP Oyegbade Akinloye, pounced…

Recep Erdogan, the President of Turkey, says the terrorists who tried to remove him through a coup in 2016 are still active in Nigeria. Erdogan said this on Wednesday at a joint press conference with President Muhammadu Buhari, on the occasion of his two-day official visit to the country. Recall that Erdogan had in 2016 accused allies of renowned cleric, Fethullah Gulen, who own Turkish schools and hospitals across Nigeria, of sponsoring the coup. Turkish envoy in Nigeria, Mr. Hakan Cakil, had at the time called on Buhari to close…