Subsidy removal Over 1trn gotten since removal of subsidy. President Bola Tinubu claimed on Monday that the Federal Government of Nigeria has saved N1 trillion in the two months since the petrol subsidy was removed. Tinubu stated that funds that would have otherwise been spent by “smugglers and fraudsters” will instead be diverted towards intervention […]
Dead Judges Judiciary court loses two judges . On Monday, the judiciary announced the deaths of Supreme Court Justice Chima Nweze and Federal High Court Justice Peter Mallong. According to official statements, both judges died of illness. Nweze died on Saturday, and Mallong died on Sunday. According to the Supreme Court’s Director of Press and […]
Magboro, Ogun State Fear grips community over decomposing body. Many businesses and shops in the Makogi Obesere community of Magboro, in the Obafemi Owode Local Government Area of Ogun State, were closed on Sunday after the decomposing body of an unidentified man was discovered in the area. When PUNCH Metro visited the village on Monday, […]
Niger Warning against military intervention in Niger. Junta-led Burkina Faso and Mali on Monday warned that any military intervention in Niger to restore deposed President Mohamed Bazoum would be considered a “declaration of war against their two countries. The ultimatum from Niger’s military-ruled neighbors came a day after West African leaders threatened to use “force” […]
Lasaco Assurance Lasaco Assurance pays dividend. Lasaco Assurance Plc has announced that it will pay a 15 kobo dividend on each share for the fiscal year ending December 31, 2022, totaling N183m. Teju Philips, the company’s Chairman, said this during its 43rd annual general meeting in Lagos. She also revealed that its shareholders’ money increased […]
Lagos state Lagos slashes fare into equal halves. To mitigate the effects of the elimination of fuel subsidies, the Lagos State Government has reduced the transportation expenses of all state-owned transportation networks by 50%. The administration also promised to deliver meals to the state’s most disadvantaged residents. Governor Babajide Sanwo-Olu stated at a news […]