Nigeria’s inflation rate in the month of December 2021 rose to 15.63% from 15.4% recorded in November 2021, after 8 months of consecutive decline. This is according to the consumer price index report, released by the National Bureau of Statistics (NBS). Nigeria’s inflation rate had been on a steady decline in the past 8 months since April 2021, moderating from the highs recorded in the previous year. However, the rate had just back-pedalled to with an uptick in December 2021. {NM}
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Popular club owner, Obi Iyiegbu popularly known as Obi Cubana, has said that it is repulsive to link him with the illegal narcotics business. Last week, the businessman was a guest at the Lagos office of the NDLEA over allegations of suspicious payments made into his account by three convicted drug dealers from Malaysia, Nigeria and India. In an interview with OAP DaddyFreeze, Cubana said it is repulsive for the agency to link with drugs. Narrating his experience with the agency, the club owner said “I was in detention for four days and three nights. I did not feel bad because I…
The Prudent Youth Association of Nigeria (PYAN) has urged the president of the African Development Bank Group (AfDB), Akinwumi Adesina, to run for the office of Nigeria President in 2023. “We are beckoning on him to consider this gesture from Nigeria youths, urging him to run for the office of the president in 2023,” the group, a civil society organisation, said in a statement by its spokesperson, Haruna Awode. The call comes as the run up to the Nigerian general elections in 2023 draw near. Already, old and new political warhorses, including former Lagos governor Bola Tinubu, Vice President Yemi…
The National Assembly is billed to resume plenary on Tuesday after Christmas and New Year break, with expectations from Nigerians on the Electoral Act (Amendment) Bill and the 1999 Constitution Review. The President, Major General Muhammadu Buhari (retd.), had vetoed the electoral bill over the restriction of political parties to direct primary, insisting on the direct, indirect and consensus options. Both the Senate and the House of Representatives had suspended action on the bill till resumption on January 18, 2022. Meanwhile, a member of the House of Representatives from Plateau State, Dachung Bagos, has said more than 300 members of…
The Chief Whip of Senate, Sen. Orji Kalu, has exonerated himself from media reports that he allegedly attacked a leader of the All Progressives Congress (APC), Sen. Bola Tinubu. Kalu, in a statement on Sunday in Abuja, stressed that he could never attack Tinubu. The former governor of Abia, had in an interview said he was ready to match Tinubu grit for grit for the presidential ticket of the ruling APC. Reacting to reports that he verbally attacked the former governor of Lagos State, Kalu said: “we can never attack Tinubu”. He noted that his statement was intentionally misunderstood by…
Super Eagles players will receive $10,000 each for the victories over Egypt and Sudan at the ongoing Africa Cup of Nations in Cameroon, our correspondent has learnt. This comes after the Nigeria Football Federation and the Eagles reached an agreement over the mode of payment for wins and draws at the tournament. The meeting between the players and the NFF officials was held before the start of the tournament in Garuoa, it was also learnt. The Eagles are expected to receive the sum of $5000 for a win and $2,500 for a draw following the meeting. “There is an agreement…
Manchester City took another huge step towards retaining the Premier League title as one moment of inspiration from Kevin De Bruyne saw off Chelsea 1-0 to open up a 13-point lead at the top of the table. A game of few chances was brought to life by the Belgian 20 minutes from time as he curled home the only goal from outside the box to seal a 12th consecutive league win for the champions. Chelsea got the better of Pep Guardiola’s men in last season’s Champions League final, but securing their place in Europe’s top club competition next season now…
More than 72 hours after the Federal Government announced the lifting of the ban on Twitter, the President, Major General Muhammadu Buhari (retd.), is yet to tweet. Several media aides of the President have resumed using the platform since the ban was lifted last Thursday, except the President himself and the Vice President, who only re-tweeted updates about Saturday’s Armed Forces Remembrance Day from handles of the Nigerian Army and that of the Government of Nigeria. In the early hours of January 13, 2021, the regime officially lifted the seven-month ban on Twitter. According to a statement signed by the…
Former Anambra State Governor and 2019 presidential candidate of the Peoples Democratic Party (PDP), Peter Obi has hinted at contesting the 2023 presidential election in Nigeria. Obi dropped the hint of joining the race in response to a Twitter user who had taken to the micro-blogging site to give the former Governor a deadline to declare interest in the 2023 presidency or face a court case. The citizen, identified with the username @FakeBuhari had responded to a tweet from Obi congratulating the Super Eagles of Nigeria on defeating Sudan in the ongoing 2021 African Cup of Nations (AFCON) tournament. The handle…
The Economic and Financial Crimes Commission, EFCC, has said that internet celebrity, Ismaila Mustapha, also known as Mompha, hid his wealth in wristwatches. The anti-graft agency said this while arraigning Mompha at the Lagos Special Offences Court in Ikeja on Wednesday, January 12. EFCC arraigned Mompha and his firm, Ismalob Global Investment Limited for alleged money laundering to the tune of over N6 billion. The defendants were accused of conspiracy to launder funds obtained through unlawful activity, retention of such funds, transfer of funds for a suspect, Olayinka Jimoh a.k.a Nappy Boy, and unlawful transfer of funds for a record label, among others.…