Saturday, August 2, 2025

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Details as NNPC Remits N6.69 trn to Federation Account in First Half of 2025

By Abiola Olawale The Nigerian National Petroleum Company Limited (NNPCL) has announced what it called a significant financial remittance of N6.96 trillion to the Federation Account from January to June 2025, according to its latest monthly report. The June 2025 Monthly Report Summary, released in Abuja, revealed that the national oil company recorded a Profit…

Just In! CBN Retains Interest Rate at 27.5% for Third Time in 2025

By Hamilton Nwosa The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate, the Monetary Policy Rate (MPR), at 27.5% for the third consecutive time in 2025. The announcement was made by CBN Governor Olayemi Cardoso at the end of the apex bank's 301st Monetary Policy Committee (MPC) meeting in Abuja on Tuesday.…

Datti Baba-Ahmed Attends Abure-Led Labour Party NEC Meeting, Vows to Reunite Obi, Otti, Others

By Hamilton Nwosu In a move to mend the ongoing leadership crisis within the Labour Party (LP), Dr. Yusuf Datti Baba-Ahmed, the party’s 2023 vice-presidential candidate, attended the National Executive Committee (NEC) meeting led by factional National Chairman Barrister Julius Abure in Abuja on Monday. During the meeting, Baba-Ahmed pledged to spearhead reconciliation efforts to…

Just In! Nigeria’s Economy Surges with 3.13% Growth in Q1 2025, NBS Reports

By Hamilton Nwosu Nigeria’s economy has demonstrated resilience in the first quarter of 2025, achieving a year-on-year GDP growth of 3.13%, according to the latest report from the National Bureau of Statistics (NBS). This marks a significant improvement from the 2.27% growth recorded in Q1 2024. The NBS attributed this growth to the services sector,…

Labour Party’s Crisis Deepens As Abure-Led Faction Rejects Nenadi Usman’s Leadership

• Says its Unlawful By Abiola Olawale  The ongoing leadership crisis within the Labour Party (LP) escalated further as the faction led by Julius Abure has declared thatv the recent appointment of Senator Nenadi Usman as interim national chairman and Senator Darlington Nwokocha as interim national secretary, are illegal and unconstitutional. The Abure-led National Executive…

Drama as ADC’s 2023 Presidential Candidate Kachikwu Says, Obi Plans to Exit Coalition 

By Abiola Olawale Dumebi Kachikwu, the 2023 presidential candidate of the African Democratic Congress (ADC), has alleged that Peter Obi, the 2023 presidential candidate of the Labour Party (LP), is already planning to leave the ADC-led coalition barely weeks after joining. Speaking during an interview with Channels Television, Kachikwu claimed that Obi, who joined the…

“Stay Away from National Assembly,” Senate warns Natasha

By Abiola Olawale The Nigerian Senate has issued a s warning to suspended Senator Natasha Akpoti-Uduaghan, representing Kogi Central senatorial district of Kogi state to refrain from attempting to resume legislative duties at the National Assembly until her six-month suspension expires. The directive, conveyed to her by Senator Yemi Adaramodu, Chairman of the Senate Committee…

Falana Lashes Okpebholo, Warns: “Withdraw Your Statement, Apologize to Obi immediately.”

By Abiola Olawale  Prominent human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has lashed Edo State Governor, Monday Okpebholo, asking the latter to immediately retract what he called a threatening statement made against the 2023 Labour Party presidential candidate, Peter Obi, and issue a public apology. The call follows Okpebholo’s remarks at…

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Details as NNPC Remits N6.69 trn to Federation Account in First Half of 2025

By Abiola Olawale The Nigerian National Petroleum Company Limited (NNPCL) has announced what it called a significant financial remittance of N6.96 trillion to the Federation Account from January to June 2025, according to its latest monthly report. The June 2025 Monthly Report Summary, released in Abuja, revealed that the national oil company recorded a Profit…

Just In! CBN Retains Interest Rate at 27.5% for Third Time in 2025

By Hamilton Nwosa The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate, the Monetary Policy Rate (MPR), at 27.5% for the third consecutive time in 2025. The announcement was made by CBN Governor Olayemi Cardoso at the end of the apex bank's 301st Monetary Policy Committee (MPC) meeting in Abuja on Tuesday.…

Datti Baba-Ahmed Attends Abure-Led Labour Party NEC Meeting, Vows to Reunite Obi, Otti, Others

By Hamilton Nwosu In a move to mend the ongoing leadership crisis within the Labour Party (LP), Dr. Yusuf Datti Baba-Ahmed, the party’s 2023 vice-presidential candidate, attended the National Executive Committee (NEC) meeting led by factional National Chairman Barrister Julius Abure in Abuja on Monday. During the meeting, Baba-Ahmed pledged to spearhead reconciliation efforts to…

Just In! Nigeria’s Economy Surges with 3.13% Growth in Q1 2025, NBS Reports

By Hamilton Nwosu Nigeria’s economy has demonstrated resilience in the first quarter of 2025, achieving a year-on-year GDP growth of 3.13%, according to the latest report from the National Bureau of Statistics (NBS). This marks a significant improvement from the 2.27% growth recorded in Q1 2024. The NBS attributed this growth to the services sector,…

Labour Party’s Crisis Deepens As Abure-Led Faction Rejects Nenadi Usman’s Leadership

• Says its Unlawful By Abiola Olawale  The ongoing leadership crisis within the Labour Party (LP) escalated further as the faction led by Julius Abure has declared thatv the recent appointment of Senator Nenadi Usman as interim national chairman and Senator Darlington Nwokocha as interim national secretary, are illegal and unconstitutional. The Abure-led National Executive…

Drama as ADC’s 2023 Presidential Candidate Kachikwu Says, Obi Plans to Exit Coalition 

By Abiola Olawale Dumebi Kachikwu, the 2023 presidential candidate of the African Democratic Congress (ADC), has alleged that Peter Obi, the 2023 presidential candidate of the Labour Party (LP), is already planning to leave the ADC-led coalition barely weeks after joining. Speaking during an interview with Channels Television, Kachikwu claimed that Obi, who joined the…

“Stay Away from National Assembly,” Senate warns Natasha

By Abiola Olawale The Nigerian Senate has issued a s warning to suspended Senator Natasha Akpoti-Uduaghan, representing Kogi Central senatorial district of Kogi state to refrain from attempting to resume legislative duties at the National Assembly until her six-month suspension expires. The directive, conveyed to her by Senator Yemi Adaramodu, Chairman of the Senate Committee…

Falana Lashes Okpebholo, Warns: “Withdraw Your Statement, Apologize to Obi immediately.”

By Abiola Olawale  Prominent human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has lashed Edo State Governor, Monday Okpebholo, asking the latter to immediately retract what he called a threatening statement made against the 2023 Labour Party presidential candidate, Peter Obi, and issue a public apology. The call follows Okpebholo’s remarks at…

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