The Senate has passed for second reading, a bill seeking to regulate rent payments in the Federal Capital Territory (FCT). The proposed legislation, sponsored by Senator Smart Adeyemi (APC, Kogi), specifically seeks to stop yearly advance payment of rents and compel house owners to collect rent monthly in arrears. Adeyemi, in his lead debate, said…
Margret Murray, mother of Ben Murray Bruce, a former senator and businessman, has died at the age of 95. In a social media post, Ben Bruce disclosed that his mother passed on in the early hours of Tuesday. He wrote, “Life. Indeed, like sand in the wind,. today it’s here, tomorrow it’s gone. My mum…
The Central Bank of Nigeria (CBN) has disbursed a total of N23.20 billion to 28 companies whose projects were selected for funding in the maiden batch of its newly introduced “100 for 100 Policy for Production and Productivity (PPP)” initiative. CBN Governor, Mr. Godwin Emefiele, who disclosed this on Monday in Abuja, also said the…
Nigeria President Muhammadu Buhari on Monday disclosed that by the time he leaves office on May 29, 2023, he would have bequeathed a home-grown economy, stable democracy as well as revamped security forces to Nigeria. This was just as the Chairman of THISDAY/ARISE Media Group, Prince Nduka Obaigbena, said the nation was currently facing unrivalled…
The Nigerian National Petroleum Company (NNPC) Limited on Monday gave an account of how it has positioned itself to lead Africa in energy transition. The Chief Executive Officer and Group Managing Director, Malam Mele Kyari disclosed this while delivering the 30th Convocation Lecture of the Federal University of Technology, Minna, Niger State, at the university’s…
The United Kingdom (UK) and Nigeria on Monday commenced the first meeting of the Nigeria-UK Security and Defence Partnership Dialogue in London. According to a statement on Monday, talks led by UK National Security Adviser, Sir Stephen Lovegrove and The Nigerian National Security Adviser, Major General Babagana Monguno, are scheduled to last for three days,…
Sokoto state Governor, Aminu Tambuwal has accepted call from leaders and stakeholders of the People’s Democratic Party PDP to commence a nationwide consultation on his for his presidential bid. Leaders and supporters of the party in the state in a stakeholders meeting called on the governor to initiate the process of consultation for the presidential…
Peter Obi, former governor of Anambra state, says he will be running for president if his party zones the ticket to the south. Obi, who joined the Peoples Democratic Party (PDP) presidential ticker in 2019 as Atiku Abubakar’s running mate, disclosed this via a tweet on Tuesday. “Yes, I will step into the field to…
The Emir of Moriki, High Royal Highness. Isma’il Muhammad Ari II is dead. The Second Class Emir died at a Health Facility in Kaduna after a protracted illness The Paramount ruler of Moriki emirate left behind a wife, five Children and many relations. He will be buried this Tuesday by 3pm at the Emir’s palace…
A total of 28 companies have received N22.3billion the Central Bank of Nigeria official launch of the 100 for 100 Policy for Production and Productivity (PPP), an intervention of the Apex Bank designed to stimulate investments in Nigeria’s priority sectors. The Fund which has the core objective of boosting production and productivity, which will aid efforts…
