The Nigerian Meteorological Agency (NiMet) anticipates a weather pattern transitioning from thunderstorms to sunshine and haziness over the coming weekend. NiMet’s Weather Outlook, released from Abuja, offers a glimpse into the forecast for Friday to Sunday. The prediction begins with Friday’s projection of sunny skies coupled with hazy conditions prevailing across the northern region. Additionally, Read More…
Month: October 2023
Supreme Court upholds President Tinubu’s election win amid opposition’s frustration
Nigeria’s Supreme Court delivered its verdict on Thursday, confirming President Bola Tinubu’s electoral victory and thereby concluding the legal challenge posed by his two principal rivals, who alleged irregularities marred his win. The Supreme Court’s ruling solidifies 71-year-old Tinubu’s mandate to lead Africa’s most populous nation, currently grappling with multifaceted challenges, including double-digit inflation, foreign Read More…
[Corrected] Financial guru expresses concern over secret approval of securitisation of Ways and Means advances by the National Assembly
Financial consultant, Mr. Tilewa Adebajo, has criticised the Senate for secretly approving former President Muhammadu Buhari’s request to securitise Nigeria’s Ways and Means advances. Adebajo pointed out that this action essentially transforms Nigeria’s substantial Ways and Means indebtedness into further loans in the form of bonds and other securities. He explained, “Securitisation means the government Read More…
Ex-ICAN boss calls for constitutional amendment to mandate President to present annual audited accounts to NASS
Former president of the Institute of Chartered Accountants of Nigeria (ICAN), Ismaila Muhammadu Zakari, has urged the National Assembly to consider a constitutional amendment that would require the president to present the annual audited accounts before the National Assembly. Zakari’s proposal mirrors the process of seeking legislative approval for the budget, aiming to enhance transparency Read More…
Naira hits record low of 1,300 per dollar on black market
Nigeria’s national currency, the naira, plunged to an unprecedented low of 1,300 against the US dollar on the black market, according to data from online platform abokiFX. This decline can be attributed to reduced trading activity on the parallel market and a scarcity of dollars on the official market. The naira’s value has been in Read More…
US strikes Iran-backed militia facilities in Syria amid escalating tensions in the Middle East
Two US fighter jets conducted precision airstrikes on weapons and ammunition facilities in Syria on Friday, responding to a series of attacks on US forces by Iranian-backed militia groups. President Joe Biden ordered these strikes, targeting facilities used by Iran’s Revolutionary Guard Corps and affiliated militias. The Pentagon issued a warning, indicating that further actions Read More…
China vetoes UN Security Council resolution on Israel-Palestine conflict, citing departure from previous UN resolutions
China exercised its veto power in the UN Security Council to block a draft resolution related to the ongoing Israel-Palestine conflict, stating that the proposed resolution did not align with the principles of previous UN resolutions and contained dangerous elements. China’s permanent representative to the United Nations, Zhang Jun, explained the decision during the vote, Read More…
N10 billion fund to reward Nigeria’s sporting youth, says SPRF President
The Sports Performance Reward Fund (SPRF) has announced its plan to raise N10 billion to reward Nigeria’s emerging sports talents, as revealed by the President of SPRF, Musa Kida, during a press conference held in Abuja on Thursday. Kida elaborated that the funds would be sourced from both the private and public sectors, individuals, and Read More…
Andre Onana supports teammate Garnacho’s use of gorilla emojis
Manchester United’s goalkeeper, Andre Onana, expressed his support for teammate Alejandro Garnacho and defended his use of gorilla emojis in a recent social media post. In the post, the 19-year-old Garnacho shared a picture of himself and Onana celebrating the incredible save made by the Cameroonian goalkeeper during injury time against FC Copenhagen on Tuesday, Read More…
[Corrigendum] Transparency concerns in Lagos State as audit reports remain unpublished and Auditor-General confirmation lags
In a recent development, we published a story concerning the absence of audit reports from the Lagos State Government since 2019 and the delay in the appointment of an Auditor-General. However, we have since discovered that our initial report contained inaccuracies. The Lagos State Government did, in fact, publish audit reports for the years 2020, Read More…