Author: Akintayo Adams

Minister Counselor Wang Yingqi of the Chinese Embassy in Nigeria said China imports from Nigeria reached $2.386 billion in 2023, an increase of 49.3% compared to that of the year 2022. Trade volume between Nigeria and China reached $22.56 billion in 2023, according to the Envoy. This was revealed during the China Media Group (CMG) and the University of Abuja seminar in Abuja as part of CMG’s “Global Media Dialogue” event with the theme: Enhancing China-Africa cooperation in new quality productive forces to realise high-quality growth. Giving his speech, he said, “Nigeria is in the leading position of economic, investment…

The Inspector-General of Police, Olukayode Egbetokun has presented ₦1.6 billion to 727 families of deceased police officers. The money, according to him is the insurance claim for the deceased officers covering 2018/2019, 2021/2022 and 2022/2023 under the Group Life Assurance Policy of the Nigeria Police Force and it is the fifth since he assumed office in 2023. Speaking, he said, “Today, we are poised to distribute cheques across five distinct categories, reflecting our diverse commitment to the beneficiaries. “The first category comprises cheques amounting to ₦55.8 million for 311 beneficiaries, representing the remaining 5% balance of the Group Life Assurance…

In Kajuru, Kaduna State.16 abducted individuals have regained their freedom thanks to the efforts of the Troops of the Nigerian Army, I Division. In a statement released by the Director of Army Public Relations Major General Onyema Nwachukwu on Monday, they also foiled a kidnap attempt by an extremist group. He said the officers were responding to intelligence on Sunday night when they tracked the abductors who had kidnapped some residents of the village. “On arriving at the scene of the incident, the troops tenaciously pursued the insurgents, engaging them in a ferocious exchange of fire and consequently rescuing 16…

The National Association of Nigerian Students has proposed that the repayment should begin five years after NYSC. According to them, it is not logical to expect beneficiaries of the loan scheme to begin repayment two years after the completion of the National Youth Service Corps because less than 10 per cent of graduates get integrated into the labour market within the period. This was put forward on Monday by Lucky Emonele, the President of NANS at a public hearing on the repeal and re-enactment of Students Loans Access to Higher Education Bill 2024 put together by the Senate Committee on…

The Executive Governor of Enugu State, Peter Mbah, said Nigeria’s presidential federalism, which bestowed too much powers and revenues in the centre is not helpful to the nation’s socio-economic development. This was stated at a public lecture which he delivered at the London School of Economics entitled ‘Enugu State, Nigeria: New political leadership; bold economic vision – Spotlight on the health and education strategies’. He opined that while discussions on further delegation of power continues, leaders at all levels could make a difference by applying political will, people-centred and exalted leadership. His speech is coming a month after 60 members…

Cryptocurrency Giant, Binance Holdings Limited has been asked to provide the Economic and Financial Crimes Commission with detailed information on all Nigerians trading on its platform by a Federal High Court in Abuja. This was due to an ex-parte motion filed by the EFCC demanding information about Nigerians trading on the platform. The suit marked: FHC/ABJ/CS/259/2024 and dated February 29 according to the anti-graft agency was brought pursuant to Sections 6(b), (h), (I), 7(1), (a)(2), and 38 of the Economic and Financial Crimes Establishment Act, 2004 and Section 15 of the Money Laundering (Prevention and Prohibition) Act, 2022 (as amended).…

The Nigerian Communications Commission has announced in a statement that voice, and data services affected by undersea cable cuts have been reinstated. Reuben Muoka, NCC Director of Public Affairs disclosed that services have now been restored to around 90 per cent of their peak capacities. Recall that banks’ services and telecommunications networks were disrupted due to the cuts in subsea cables less than a week ago. Speaking, Muoka said, “Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, we are pleased…

On Monday, a Rivers State High Court convicted and sentenced five people to death by hanging for the murder of Umezuruike Alex Umezuruike Alex was the commander of a local vigilante codenamed OSPAC which is the shortened form of Onelga Security Peace and Advisory Committee in Omudioga community in Emohua Local Government Area of the state. The judge ordered that the convicts should be hanged or injected with lethal injection until they are confirmed dead. The convicts are Okechukwu Orji from Atali community in Obio-Akpor, Igwe Promise, Iheanyi Igwe, Morrison Igwe, all from Omudioga in Emohua LGA and Goodness Monday…

Nottingham Forest have had four-point deducted from their total for breaching the Premier League’s profitability and sustainability rules. This singular act has dropped them into the relegation zone, one point from safety. The Premier League is expected to announce on Monday with Forest having the chance to appeal the ruling. Forest pleaded guilty to the breach but their defence was based around factors relating to the sale of Brennan Johnson. With all money earned from selling Johnson, an academy product, going down as a profit, the club argued their approach was designed to make them more sustainable. Premier League clubs…

There was pandemonium on Sunday in Borno as a suicide bomber injured two persons in Biu Local Government Area of the state. Confirming the incident was ASP Daso Nahum, the command’s Public Relations Officer, PPRO. It was said that the incident occurred at about 8pm on Sunday, when the Muslim faithful were observing their night prayers. “The male suicide bomber, who was suspected to be heading to the mosque, detonated the Improvised Explosive Device(IED) close to the roundabout, killing himself. ”Two passersby who were wounded by the explosive were immediately rushed to a hospital for treatment. ”A combined team of…