Author: Opalim Lifted

The Peoples Redemption Party (PRP) charged the Federal Government on Friday with investigating massive crude oil theft in the country. The party’s National Chairman, Alhaji Falalu Bello, stated this at a press conference in Abuja. According to Bello, Nigeria is losing billions of dollars in oil revenue due to illegal bunkering and vandalism of crude oil pipelines. “The massive crude oil theft of over 600,000 barrels a day is what we are begging President Muhammadu Buhari to address before he leaves office in May. “Yes, Mr. President, three months is not long enough for you to thoroughly investigate and deal…

On Friday, the Central Bank of Nigeria confused depositors by issuing contradictory orders on the deposit of old N1,000 and N500 naira notes. The conflicting orders came from media reports based on anonymous briefings from senior bank officials, a memo reportedly given to commercial banks, and an official statement issued by the bank, all within six hours. The ensuing confusion lasted until Friday evening when depositors thronged and overflowed CBN offices across the country in an attempt to deposit N500 and N1,000 notes. An anonymous senior official of the apex bank informed one of our correspondents early Friday morning that…

Lt.-Gen. Faruk Yahaya, Chief of Army Staff (COAS), has warned criminals and thugs to stay away from election processes. Yahaya issued the warning during the inauguration of the Army War College Nigeria (AWCN) Course 7/2023 and the college’s Inaugural Lecture on Friday in Abuja. He assured Nigerians that the officers and soldiers of the Nigerian army would be loyal to the President, Commander-in-Chief, and the Federal Republic of Nigeria Constitution in order to protect its integrity. “As we move towards the 2023 general elections, I want to assure the nation of the commitment of the Nigerian army along with the…

The Federal Government and the United States signed an agreement on Thursday in Abuja to repatriate 954,807.40 dollars in looted assets recovered from former Bayelsa Governor Diepreye Alamieyeseigha. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, who was represented by Mrs. Beatrice Jedy-Agba, the ministry’s Permanent Secretary, said the agreement was consistent with President Muhammadu Buhari’s anti-corruption campaign. Malami stated that the expected sum has already been approved by the president for the implementation of a health center project for the benefit of the people of Bayelsa. He stated that the project will be overseen by Civil…

Residents of Okitipupa, in Ondo State’s Okitipupa Local Government Area, appeared to have found solace in Hausa traders in the town’s Sabo Market, where they now exchange their old naira notes for foodstuffs and condiments. According to media reports, traders and commercial motorists in the town began rejecting old N500 and N1,000 notes immediately after President Muhammadu Buhari’s address on Thursday, with only N200 remaining legal tender until April 10. A journalist’s visit to Sabo Market in Okitipupa on Friday revealed a large crowd of residents openly exchanging old N500 and N1000 notes for items such as rice, beans, tomatoes,…

The Economic Commission for Africa (ECA) has urged African countries to speed up the implementation of the African Continental Free Trade Agreement (AfCFTA) to make it more resilient and globally competitive. Antonio Pedro, the ECA’s acting Executive Secretary, stated this in a statement issued by the ECA’s Communications Section on Thursday. On Wednesday, Pedro addressed the 42nd Ordinary Session of the African Union Executive Council in Addis Ababa. He claimed that only by accelerating and effectively implementing the AfCFTA could Africa build sufficient shock absorbers to build resilience. According to him, by fast-tracking the implementation of the AfCFTA, Africa can…

On Thursday, trading on The Nigerian Exchange (NGX) ended with mixed results with a bullish bias, as the market capitalization increased by N8 billion. The market capitalization increased by N8 billion to N29.696 trillion, up from N29.688 trillion on Wednesday. Gains in large and medium-capitalized stocks, such as Zenith Bank, Guaranty Trust Holding Company (GTCO), and Nigerian Breweries, as well as Veritas Capital, aided the recovery. In addition, the NGX All-Share Index rose 12.54 points, or 0.02 percent, to close at 25,520.20 points, up from N54,507.66 the previous day. The year-to-date (YTD) return rose to 6.38 percent. Market breadth closed…

It was a shocking scene in the Big Brother Titans (BBTitans) house on Thursday night when three housemates, Nelisa, Blue Aiva, and Olivia, broke one of Biggie’s rules after engaging in physical combat. The argument began when Nelisa overheard Blue Aiva and Olivia discussing her. Everything started when the housemates won their wager task. They then had a good time at the planned Thursday night party. Nelisa, after the short break, was seen confronting Blue Aiva and Olivia. According to Nelisa, she overheard the duo talking about her. BBTitans: Yemi, Nellisa receive punishment for breaking house rules Nelisa, who was…

Maj.-Gen. Obinna Ajunwa, General Officer Commanding (GOC) 81 Division Nigerian Army, has urged the media to work with the Nigerian Armed Forces and security agencies to ensure a free and fair election. Ajunwa made the announcement on Thursday during a press conference with Defense Correspondents on Old Queens Road in Ikoyi, Lagos. The general elections are scheduled for February 25 and March 11, respectively. According to the GOC, there is no better security than preventing violent incidents before they occur, which can only be accomplished by disseminating appropriate information at the right time. “So, I urge the media to work…

An official confirmed that 38 people died in Jigawa from suspected Cerebrospinal Meningitis (CSM). Dr Salisu Muazu, Permanent Secretary, Ministry of Health, told reporters in Dutse on Thursday that the state had recorded 398 suspected cases from October 2022 to the present. According to Muazu, the disease was discovered in 56 political wards spread across seven local government areas in the state that borders Niger Republic. According to him, the outbreak began in the neighboring Niger Republic and spread to border communities in the state via transborder activities. The permanent secretary listed the affected areas including Babura, Maigatari, Suletankarkar, Birniwa,…