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The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Wheat farmers bemoan $6.1 billion annual import, laud CBN restriction on forex for importers

According to him, Nigeria consumes 5 million metric tons of wheat per annum, while a meagre 420,000 tons is produced locally. He said that in view of numerous challenges that plagued local production, the policy would enable the government to unlock the unrealised potentials in the wheat sub-sector.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Lagos: Police arrest protesting Uber, Bolt drivers

The police in Lagos have arrested some members of the Professional E-hailing Drivers and Private Owners Association (PEDPA), the umbrella body of e-hailing ride companies including Uber and Bolt, who had embarked on an industrial action over the services rendered by the platforms.

Pensioners start nationwide protest Friday over ‘minimum pension’

Senior citizens under auspices of the Nigeria Union of Pensioners (NUP), on Wednesday said they have resolved to embark on a massive protest, starting Friday morning across 36 States and the Federal Capital Territory in order to press home their demands on ‘minimum pension’.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC+ may downgrade ministers’ meeting, leave output unchanged

The Organisation of Petroleum Exporting Countries (OPEC) and its allies are discussing downgrading next week’s the full-scale ministerial meeting, delegates said, a signal the coalition may stick with plans to gradually revive oil production.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate seeks policies to encourage local investors in cement production

The Senate has called on the federal government to provide more industrial incentives and protections such as concessionary loans and larger tax incentives for new entrants into the local cement production with a view to boosting production, reduction of price and encouragement of more valuable producers in the country.
The committee is chaired by Prof. Akpan H. Ekpo, a former Director General of the West African Institute for Financial & Economic Management (WAIFEM), with Prof. Emmanuel Onwioduokit, HOD of Economics at the University of Uyo as Secretary.

Experts: Inflation rate may rise beyond control

With food inflation at over 23 per cent, analysts have raised concerns on the spate of the rising inflation as they envisaged a further rise in prices in the second quarter on poor weather conditions and insecurities in the country.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Export revenue declined by 45.87% to $2.62 billion in 2020

The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020.

Anambra residents lament hike in rents

Residents of Awka, Anambra capital, and Onitsha, the commercial hub, have expressed worries over the astronomical hike in rents.
Governor Bello Matawalle

Ramadan: Zamfara governor urges traders to reduce commodities prices

Governor Bello Matawalle of Zamfara, on Friday, visited the Gusau Central Market to assess the prices of foodstuff and other essential commodities.
The price of cement has dropped with about 25 per cent in Enugu, a market survey by newsmen has revealed.

Consumers groan as cement price soar in South East

Prices of cement has increased by 67 per cent in the South East states of Abia, Anambra, Ebonyi, Enugu and Imo, newsmen report.
Kola Ologbondiyan

N60 billion mint: PDP demands sack of finance minister

The Peoples Democratic Party, PDP, has called for the sack of Finance Minister, Zainab Ahmed, over what it described as an attempt to mislead Nigerians.
Governor Godwin Obaseki of Edo state has charged governments at all levels to prioritise agriculture and adequately harness the untapped potentials of the sector to fast-track economic growth and development.

N60 billion mint: Governor Obaseki’s revelation a wakeup call – PDP chair

Dr Anthony Aziegbemi, an Economist and Edo chapter Chairman of the Peoples Democratic Party (PDP), has hailed the courage of Gov. Godwin Obaseki to mention the printing of N60 billion by the federal government to augment revenue allocation.
Zonabo Sore, 11, who fled from attacks of armed militants in Sahel region carries her sixteen-month-old nephew Housein, who suffers from malnutrition, as his twin brother Hassan is being examined at hospital in Kaya, Burkina Faso November 23, 2020. REUTERS/Zohra Bensemra

WFP: Food prices soar in West Africa amid conflicts, coronavirus

Food prices in West Africa have jumped more than 30% since last year to their highest levels in nearly a decade due to coronavirus lockdowns and a decline in cereal production, the World Food Programme (WFP) said Friday.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Bitcoin hits record high above $62,000

Bitcoin hit a record high, soaring past $62,000 on Tuesday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street.

Dangote: We’ve lost dollars to sell cement in Nigeria

The Dangote Cement Plc. has denied selling its products at higher rates in Nigeria than elsewhere, saying it has instead lost dollar earnings to meet local demand.
Senate President, Dr. Abubakar Bukola Saraki has advised the Federal Government to ensure that its plans to put on trial the nation’s chief judicial officer, Hon. Justice Walter Onnoghen, follows due process.

Ramadan: Senator Saraki congratulates Muslims, urges prayer for Nigeria’s peace, unity

Former Senate President, Dr. Abubakar Bukola Saraki, has congratulated Nigerian Muslims and their counterparts across the world on the commencement of this year’s Ramadan fasting.

Dangote: Cement price from our factories is between N2,450, N2,510 per bag

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The clarification was made in view of recent insinuations that the company sells cement in Nigeria at significantly higher prices relative to other countries, particularly Ghana and Zambia.

Yoruba group dissociates self from secession clamour

The Agbajowo Advocacy for Yoruba People’s Rights, a pan-Yoruba socio/cultural organisation, has rejected secession clamours by some sections of the country.
The emir of Birnin Gwari, Malam Zubairu Jibril Mai Gwari II, has lashed out on Nigerian politicians whom he described as greedy opportunists.

Ramadan: Emir begs to traders against price hike

The Emir of Birnin Gwari in Kaduna state, Malam Zubairu Maigwari, has urged traders not to hike the cost of their commodities as the Ramadan fasting approaches.
Nigeria’s oil and gas industry has lost huge investments due to the non-passage of the Petroleum Industry Bill (PIB), Governor Ifeanyi Okowa of Delta State has said.

Delta governor seeks policies to improve food nutrition in South-South

Chairman of South-South Governors’ Forum and governor of Delta State, Dr. Ifeanyi Okowa, has advocated the need for the relevant organs to come up with policies to improve food nutrition in the entire region.
Chelsea are making a frantic effort to replace Tammy Abraham with the Bundesliga and Borussia Dortmund striker, Erling Haaland.

Barcelona continue to push for Erling Haaland’s signing despite the complicated situation

According to ESPN, the newly elected Barcelona board will continue it’s pursuit to sign Erling Haaland. However, reportedly the club acknowledges the fact that financial conditions of the club might impede a possible deal.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Revisiting CBN ban on cryptocurrency transactions

On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.

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President Muhammadu Buhari on Saturday commended the early response of the military and the Kaduna State Government towards the rescue of 180 students and eight staff members of the Federal College of Forestry Mechanization, Afaka, in Igabi LGA.

President Buhari approves appointment of 18 appeal court judges

President Muhammadu Buhari has approved the appointment of 18 Justices of the Court of Appeal.
Speaking in the aftermath of his well-received publicity stunt of placing a huge banner featuring his likeness 200 meters from the Santiago Bernabeu, Joan Laporta continued to detail his project should he be successful in becoming Barcelona president.

Barcelona supremo: European Super League a ‘necessity’

Barcelona president Joan Laporta described the European Super League as a “necessity” on Thursday but said the final decision would be given to the club’s members.
The Red Cross voiced alarm Thursday over "horrific" accounts of sexual violence in Ethiopia's conflict-hit Tigray region, amid fears that rape was being used as a weapon of war.

Red Cross condemns ‘horrific’ sexual violence in Ethiopia’s Tigray

The Red Cross voiced alarm Thursday over "horrific" accounts of sexual violence in Ethiopia's conflict-hit Tigray region, amid fears that rape was being used as a weapon of war.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Nollywood actor arrested for ‘defiling’ minor

The case of defilement was reported on 19th April, 2021 by one Princess Adekola Adekanya at Sabo Police Station and transferred to the Gender Unit of the State CID, Panti, Yaba Lagos for proper investigation.
The Department of State Services, DSS, has denied any involvement in the attempt to arrest Yoruba activist, Sunday Igboho, at Ibadan, Oyo State.

Official: Dennis Amachree not speaking for DSS on Isa Pantami

Nigeria’s secret police, the Department of State Service (DSS) has disowned reasons adduced for its alleged failure to reveal alleged link of Malam Isa Pantami, the Minister of Communications and Digital Economy to terrorism before his confirmation as minister in 2019 adduced by one of its former officer, Dennis Amachree.

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Super Eagles forward Paul Onuachu continues his fine form in the Belgian Jupiler league after scoring for KRC Genk against Kortrijk on Saturday.

Paul Onuachu speaks on missing Belgium goals record

Paul Onuachu may have emerged the Goal King of Belgium, but he came a goal shy of matching the goals record in the Belgian top league.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Oyo: Police rescues three abducted women after four days in captivity

The Oyo State Police Command on Friday confirmed the release of the abducted victims at Onipe, a suburb along the Ijebu-ode/Idi-Ayunre axis of Oluyole Local Government Area of the state on Monday by unknown gunmen.
FILE PHOTO - Medical workers bring a patient out of an ambulance, amid the spread of the coronavirus disease (COVID-19) pandemic, outside Royal London Hospital, in London, Britain, January 17, 2021. REUTERS-Toby Melville

Coronavirus compared with other deadly viruses

The global death toll from COVID-19 passed three million on Saturday, with the pandemic already having killed more people than most other viral epidemics of the 20th and 21st centuries.
President Muhammadu Buhari has approved the appointment of Mr Adedeji Zacch as the Executive Secretary of National Sugar Development Council (NSDC) for an initial term of four years.

NSDC boss: Backward integration programme in sugar sector will address unemployment

The Executive Secretary of National Sugar Development Council (NSDC), Mr. Zacch Adedeji, has disclosed that the Backward Integration Programme (BIP) roadmap of the Council will address the soaring unemployment level and other socio-economic issues bedeviling the country.

Forum obtains UTME forms for 320 less-privileged students in Kebbi

Kauran Gwandu Advocacy Forum has obtained Unified Tertiary Matriculation Examination (UTME) forms for 320 less-privileged students in Kebbi State.