News - Page 4

News Update

Nigeria’s Inflation Dropped To 23.71 Percent In April – NBS

Nigeria’s headline inflation rate eased to 23.71% in April 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Thursday. The statistics office said the April 2025 headline inflation figure represents a 0.52%

May 19, 2025

News·Politics·Religion

Meta Blocks Access To Muslim News Page In India

Meta has banned a prominent Muslim news page on Instagram in India at the government’s request, the account’s founder said Wednesday, denouncing the move as “censorship” as hostilities escalate between India and Pakistan. Instagram users in India trying to access posts from

by News Editor

May 8, 2025

News·Politics

Zulum Bans Sale Of Alcohol In Borno, Accuses Security Personnel Of Promoting Criminality

The governor of Borno State, Professor Babagana Zulum, has banned the sale of alcoholic beverages while accusing military and other security personnel of promoting criminality and antisocial vices in Maiduguri and its environs. The Governor said that ex and current serving personnel

by News Editor

May 8, 2025

News

VDM Regains Freedom From EFCC Custody — Deji Adeyanju

Popular rights activist and social media influencer, Martins Vincent Otse, also known as VeryDarkMan (VDM), has been released from the custody of the Economic and Financial Crimes Commission (EFCC). His lawyer, Deji Adeyanju, confirmed it in a phone conversation. Operatives of the

by News Editor

May 8, 2025

News Update

Army Captain, Soldier Killed In Recent Borno Attack

An army Captain and a soldier have been killed by Boko Haram terrorists in a midnight attack on Izge community in Gwoza Local Government Area of Borno State According to the Emir of Gwoza, Mohammed Shehu Timta, the attack happened around 1

by News Editor

May 8, 2025

Economy·News

Bank of England to Cut Rate amid Trump’s Tariffs

The Bank of England is widely expected to cut its key interest rate by a quarter point on Thursday as US President Donald Trump’s planned tariffs threaten to weaken economic growth. It follows the Federal Reserve’s decision Wednesday to freeze US borrowing

by News Editor

May 8, 2025

News·Politics

Bwala Dismisses Coalition Talks As ‘Political Hallucination’ Ahead 2027 Polls

The presidency has dismissed ongoing speculations about a surging political coalition aimed at challenging President Bola Ahmed Tinubu’s administration. In a statement on X, the Special Adviser to the President on Policy Communication, Daniel Bwala, described the narrative as nothing more than

by News Editor

May 8, 2025

Economy·News

Senate Passes Two Tax Reform Bills

The Senate has passed two out of four major tax reform bills, marking a significant milestone in the ongoing overhaul of the nation’s tax administration framework. The two bills, one seeking to repeal the Federal Inland Revenue Service (Establishment) Act and another

by News Editor

May 8, 2025

Economy·News·Politics

Dangote Visits Tinubu, Hails President’s Reform In Oil Sector

President of Dangote Group, Aliko Dangote, paid a visit to President Bola Tinubu in Abuja over the weekend, and lauded him for what he described as assembling a “capable leadership team” at the Nigerian National Petroleum Company Limited. During the visit, Dangote

by News Editor

May 7, 2025

Economy·News

OpenAI To Buy Windsurf For About $3 Billion

OpenAI has agreed to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Monday, citing people familiar with the matter. The deal has not yet closed, the report added. Windsurf, formerly known as Codeium, had recently been

by News Editor

May 7, 2025

Economy·News

MTN Nigeria Declares N133.7bn Profit In Q1 2025

MTN Nigeria Communications Plc has declared a profit after tax of N133.7 billion for the first quarter (Q1) ended March 31, 2025, from a loss of N392.7 billion recorded in the first quarter of 2024. From the profit and loss figures, the

by News Editor

May 7, 2025

News Update

Former Governorship Candidates, Supporters Dump PDP, ACP For APC In Niger

Niger State political realignment continues to gather momentum as over 12,000 members of the Peoples Democratic Party (PDP) and Advanced Congress of Democrats (ACD) have defected to the ruling All Progressives Congress (APC). The defection, which was led by former ACD gubernatorial

by News Editor

May 7, 2025

News Update

Shell Plans to Acquire BP Plc— Report

Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, Bloomberg News has reported. The report said the international oil major is waiting for further stock and oil price declines before deciding whether to pursue a bid,

by News Editor

May 7, 2025

News

EFCC: We’re Legally Justified to Hold VDM in Custody

The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of a popular rights activist and social media influencer, Martins Vincent Otse, also known as VeryDarkMan (VDM). The anti-graft agency, in a statement on its X handle on Tuesday, said Otse

by News Editor

May 6, 2025

Economy·News

Warren Buffett To Step Down As CEO, Net Worth Falls By $8.1bn

Warren Buffett, the world’s fifth-richest person with an estimated net worth of about $169 billion, has announced his retirement as CEO of Berkshire Hathaway at age 94. At the company’s annual meeting in Omaha, he revealed Greg Abel would take over by

by News Editor

May 6, 2025

Economy·News

Oil Prices Surge Nearly 3% as Recent Drop Sparks Buying Frenzy

Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting. Although concerns about a market surplus persisted, the increase was fueled after a decision by OPEC+ to boost output sent prices down in the previous session,

by News Editor

May 6, 2025

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News - Page 4

Nigeria’s Inflation Dropped To 23.71 Percent In April – NBS

Meta Blocks Access To Muslim News Page In India

Zulum Bans Sale Of Alcohol In Borno, Accuses Security Personnel Of Promoting Criminality

VDM Regains Freedom From EFCC Custody — Deji Adeyanju

Army Captain, Soldier Killed In Recent Borno Attack

Bank of England to Cut Rate amid Trump’s Tariffs

Bwala Dismisses Coalition Talks As ‘Political Hallucination’ Ahead 2027 Polls

Senate Passes Two Tax Reform Bills

Dangote Visits Tinubu, Hails President’s Reform In Oil Sector

OpenAI To Buy Windsurf For About $3 Billion

MTN Nigeria Declares N133.7bn Profit In Q1 2025

Former Governorship Candidates, Supporters Dump PDP, ACP For APC In Niger

Shell Plans to Acquire BP Plc— Report

EFCC: We’re Legally Justified to Hold VDM in Custody

Warren Buffett To Step Down As CEO, Net Worth Falls By $8.1bn

Oil Prices Surge Nearly 3% as Recent Drop Sparks Buying Frenzy

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