News

Nouakchott: 17 May 2024: A group of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) paid a courtesy visit on His Excellency, Mohamed Ould Cheikh Al-Ghazouani, the President of the Islamic Republic of Mauritania, and Chairperson of the African Union (AU) to convey their …

The African Development Bank Group pledged $2 billion over 10 years towards clean cooking solutions in Africa—a major step along the road to saving the lives of 600,000 mainly women and children each year. Speaking at a landmark summit on Clean Cooking in Africa held in Paris, the Bank Group’s …

CAIRO, Egypt African Export – Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$ 30 Million financing facility to Joyau Des Caraibes Limited (JDC); the Caribbean subsidiary of ORA Developers, for the expansion of Silversands Hotel in St. Georges, Grenada. Silversands Hotel is part of a luxury chain of hotels owned by …

Justice Emeka Nwite of the Federal High Court, Abuja, on Friday 17, May 2024, threw out a bail application filed by Tigran Gambaryan,  Binance executive and second defendant in an alleged tax evasion, currency speculation and money laundering case to the tune of $34,400,000 (Thirty-Four Million, Four Hundred Thousand United States …

Baroness Verma Sandy of Leicester, Member of United Kingdom, UK’s House of Lords on Friday, May 17, 2024 lauded the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede for repositioning the Commission on the paths of professionalism and effectiveness, expressing confidence that the EFCC will …

ABUJA, MAY 17, 2024. The Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has applauded the Managing Director/Chief Executive Officer, Federal Housing Authority (FHA), Hon. Oyetunde Ojo for his renewed vigour and enthusiasm in ensuring that the Diaspora City Project Plan is realised in the 36 states and the …

…. Party receives boost from aggrieved APC, PDP aspirants  The Chairman of Labour Party (LP) Governorship Primaries in Ondo State, Mr. Olusola Ayodele has announced the resolve of the Party to take back Ondo State in the forthcoming Governorship elections of the state slated for November 2024 by the Independent …

President of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has called for increased investments in the African continent to foster its rapid growth and development. Speaking at the largest gathering of private sector leaders in Africa, the Africa CEO Forum in Kigali, Rwanda, Dangote emphasized that recent trends …

The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the fire incident at a tank farm in Marine Beach, Apapa, Lagos, was at a depot belonging to HOGL Energy Ltd (Honeywell Depot), and not an NNPC Retail Ltd.’s facility as circulated by early responders. The fire, which has …

President Bola Tinubu on Thursday received President Bassirou Diomaye Faye of Senegal and called for an alignment of purpose and structure in West Africa to effectively address the challenges confronting the region. Speaking during a meeting with the Senegalese President at the State House, President Tinubu said West Africa must …

Former Vice Chancellor of the University of Ife (now Obafemi Awolowo University), Professor Emeritus (Chief) Ogunwande “Wande” Abimbola,  will be the Key Speaker and Special Guest of Honor at the Yoruba Action Council (YAC), North America Event Launching & Fundraising Gala Banquet on Saturday, May 16, 2024. YAC is a …

By Muhammad Nasir Sokoto, May 16, 2024 Sokoto State Orthopedic Hospital, Wamakko, has resumed osteoarthritis surgeries, after its suspension in 2016 by the previous administration. Addressing newsmen after a successful surgery in Sokoto on Thursday, the Commissioner for Health, Hajiya Asabe Balarabe, said that the resumption of surgeries was aimed …

I was chatting with a friend last week, who, mid-speech, redirected our conversation to the situation in the Middle East. She wanted to know what the mood in the US was. Over 6,000 miles away in Nigeria from where she was calling, she didn’t quite trust the media accounts. Since …

Cairo, May 16, 2024: On the sidelines of the recently concluded 2024 Islamic Development Bank (IsDB) Group Annual Meetings and Golden Jubilee Celebrations, African Export-Import Bank (Afreximbank or “the Bank”) concluded arrangements for a facility of USD 250 million with the International Islamic Trade Finance Corporation (ITFC) and USD 100 …

The Executive Secretary of the Nigerian Press Council, NPC, Dr. Dili Ezughah, has described the removal of the agency from the national budget as a huge setback. Dr. Ezughah stated this when the House of Representatives Committee on Information, National Orientation, Ethics and Values, paid an oversight visit to the …

Justice Evelyn Anyadike of the Federal High Court sitting in Ilorin on Wednesday, May 15, 2024 convicted and sentenced two Chinese: Duan Ya Hong and Xiao Yi to one year imprisonment for offences bordering on illegal mining and possession of solid minerals without requisite licences. The duo were arraigned on …

…Want 6 Judges in each division The House of Representatives has passed through second reading a bill to amend the Court of Appeal Act to increase its number of justices from 90 to 150. It also wants the appointment of a minimum of six justices in every Judicial division of …

Wellington, May 16, 2024 The capital of the French Pacific territory of New Caledonia was rocked by riots for a third night in a row. This is happening after France’s National Assembly approved contentious voting reforms to the territory that angered independence supporters. Four people, including a police officer, have …

turnpot@gmail.com 0807 552 5533 Gov. Biodun Oyebanji of Ekiti State is, without doubt, one of the country’s best performing governors. He works hard, talks less, evades the limelight but his Ekiti people describe him as an achiever. He was in Dallas, United States of America recently to urge foreign investors …

By Adenike Ayodele Ikeja, May 16, 2024 The convicted billionaire kidnapper, Chukwudumeme Onwuamadike, popularly known as Evans and his co-defendant Joseph Emeka, charged  with  murder and attempted kidnap have opted for an option of plea bargain. The News Agency of Nigeria (NAN) reports that the state lead counsel, Mr. Yusuf Sule, …

turnpot@gmail.com 0807 552 5533 Each time some Christians pray against 666 or the mark of the beast, I laugh! If God has said it will happen, it will happen; prayer or no prayer! Otherwise, we make God a liar! The best anyone can do is, read the prophecy with understanding …

By Okeoghene Akubuike Abuja, May 15, 2024 The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.69 per cent in April 2024. The NBS said this in its Consumer Price Index (CPI) and Inflation Report for April, which was released in Abuja on Wednesday. According to …

By Cecilia Ologunagba New York, May 16, 2024 UN humanitarians have warned that famine was still an imminent threat because of aid restrictions and lack of safe access, as 600,000 are displaced from Rafah in Gaza. More than seven months into the war, babies are still being born too small, warned the …

By Martha Agas Abuja, May 15, 2024 The Nigeria Customs Service (NCS) said its Board has confirmed the appointment of five Deputy Comptrollers General (DCGs), and eight Assistant Comptrollers General (ACGs). The Spokesperson of the Service, Abdullahi Maiwada, made this known in a statement on Wednesday in Abuja. Maiwada said …

By Grace Alegba Lagos, May 15, 2024 The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N61.38. This represents a 4.04 per cent gain when compared to the previous …