An FCT High Court has granted bail to the immediate past governor of Kogi State, Alhaji Yahaya Bello, in the sum of N500 million over money laundering charges. Justice Maryanne Aninih on Thursday also ordered Bello to produce two sureties in like sum.The judge said sureties must be notable Nigerians with landed property in Maitama,…
President Bola Tinubu has expressed sadness over the tragic incident at a children’s funfair in Ibadan, Oyo State, which claimed innocent lives and left many others injured. The President extends his heartfelt condolences to the Government and people of Oyo State, as well as to the grieving families who have lost their beloved children. …
Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to N899.50k per litre. This was announced in a statement on Thursday morning. The company said the decision was taken to “provide much-needed relief for Nigerians ahead of the holiday season.” Africa’s first privately owned oil refinery, which previously lowered the…
On Wednesday, the Organised Private Sector (OPS) strongly opposed the Central Bank of Nigeria’s decision to impose limits on withdrawals from Point-of-Sale (POS) agents, arguing that the apex bank’s move is out of touch with reality. The CBN introduced a daily withdrawal limit of N100,000 per individual customer at POS agents as part of new…
President Bola Tinubu’s government plans to spend N8.97tn of its projected N49.70tn budget on defence, security, and infrastructure in 2025, The PUNCH has learnt. Tinubu on Wednesday presented the 2025 budget proposal to a joint session of the National Assembly, outlining an ambitious N49.70tn spending plan titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity.” The…
