In a new report titled “National Gross Domestic Product Q1 2024” released by the Nigerian Bureau of Statistics, it’s been revealed that the country’s economy grew by 2.98% in one year. The growth rate is higher than the 2.31% recorded in the first quarter of 2023 and lower than the fourth quarter of 2023…
Vice-President Kashim Shettima has revealed that Nigeria spends $25 billion per annum on the importation of petroleum products. Speaking at the Vanguard Economic Discourse themed ‘Reforms in the Era of Global Economic Uncertainties: Whither Nigeria’, which was held at the Civic Centre, Victoria Island, Lagos, Shettima said the importation of fuel would soon be…
Justice C.A. Obiozor of the Federal High Court sitting in Benin City has convicted and sentenced one Osazee Kenneth Imagbenikaro to jail for spraying naira notes. Imagbenikaro was convicted on a two count charge for offence bordering on spraying naira notes on Thursday May 16, 2024 contrary to Section 21(3) of the Central Bank of…
Minister of Women Affairs, Uju Kennedy-Ohanenye has announced scholarships and gave various gift items to 100 orphaned girls in Niger State, ahead of their mass wedding today, May 24. The minister who initially condemned the mass wedding of the young girls being sponsored by the Speaker of the state House of Assembly, Abdulmalik Sarkindaji, had…
A middle-aged woman was brutally murdered by an unknown person in a hotel in Sokoto State. A spokesperson for the State Police Command, ASP Ahmed Rufai, who confirmed the incident to Punch on Friday, May 24, 2024, said the mother of four was found dead with a slit throat in the toilet of the…
The Naira on Friday, May 24, depreciated to N1,520 per dollar from N1,515 per dollar recorded on Thursday, May 23, in the parallel market. It was however appreciated to N1,482.81 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,482.81…
Former Vice-President, Atiku Abubakar, says he will keep contesting for the Nigerian presidency as long as he is hale and hearty. He said this during an interview on the Hausa service of the Voice of America in Abuja. Atiku, 77, who was the flagbearer of PDP in the 2023 election, will be 81…
The 8-year-old pupil, Henry Chukwuemeka Okonkwo, who was beaten to coma by a teacher in Anambra State has passed away. LIB reported that the 30-year-old teacher at Landmark School Mgbakwu in Awka North Local Government Area of the state, Faith Nwonye, was arrested last weekend. The State Commissioner for Education, Ngozi Chuma-Udeh, confirmed the…
RewriteAn Ekiti State High Court, Ado Ekiti division has sentenced two men Benjamin Joseph,32, and Stephen Orban, 25, to death by hanging for robbing two persons of cash and valuable items. The convicts were arraigned on December 30, 2022, on a four-count charge bordering on conspiracy and armed robbery. The charge read, “On 16th…
West Ham midfielder, Lucas Paqueta is facing a lengthy ban from football after being charged with four counts of spot-fixing in Premier League games. According to reports, Paqueta had been charged on Thursday afternoon, May 23 by the FA who accused him of being deliberately booked in an attempt to influence betting markets. …
