AUDITOR GENERAL OF THE FEDERATION UNCOVERS ₦197.72B FRAUD IN CBN, OTHER MIDAS Office of Nigeria’s Auditor-General of the Federation has uncovered irregular payment for contracts amounting to N197.72 billion in Rural Electrification Agency agencies, Nigerian Bulk Electricity Trading Plc, a subsidiary of Central Bank of Nigeria, the Nigerian Security Printing and Minting Company and other ministries, departments, and agencies in …

1.5M ENUGU LG WORKERS GROAN OVER WITHHELD SALARIES AFTER VERIFICATION EXERCISE About 1.5 million workers from the 17 local government areas of Enugu State were not paid their October salary. According to the report, the non-payment of salary was as a result of physical verification exercise carried out to discover ghost workers which was held between January and March 2024. …

ENUGU SHINES AT UK BUSINESS FORUM The investment horizon looks green for Enugu State, South East Nigeria as the Coal City State has recently become a preferred destination for big businesses. In a rapidly changing global finance and economy where sustainability and technology are the cornerstones of economic growth, findings show that the state is now a formidable force in …

WHY NIGERIANS ARE GETTING POORER, BY DELE SOBOWA LE “Behind the facts of economics are the facts of psychology… The emotions of fear and confidence, the judgments of doubts and certainty constitute a very important medium through which we see economic values” – Arthur S Dewing, Harvard Business Review, 1923. WHY NIGERIAN BUDGETS OFTEN FAIL “Whatever a man prays for, …

ENUGU RESIDENTS GROAN AS RESIDENTS RESORT TO TREKKING Some commercial drivers operating within Enugu metropolis have decried low patronage by residents, attributing it to the economic challenges in the country. They said this in separate interviews with the News Agency of Nigeria (NAN) in Enugu yesterday. According to them, the recent increase in the pump price of Premium Motor Spirit …

NGO HOLDS TOWN HALL MEETING FOR SOUTH EAST JOURNALISTS A non-governmental organization, Rule of Law and Empowerment Initiative (PWAN), has put together a town hall meeting for media practitioners in South East Nigeria with a view to deepening their knowledge and understanding of the 2020 Nigeria police Act, and holding the personnel accountable. The group said the programme became necessary …

CONCERN OVER PUTIN’S HEALTH, HAS NOT BEEN SEEN FOR TWO WEEKS President Vladimir Putin has not been seen in public for 13 days following claims of ill health, while the Kremlin is accused of releasing pre-recorded meetings.The Russian president appears to have mysteriously disappeared – with his last public appearance being nearly two weeks ago at a conference in Sochi.According …

HOW NIGERIAN LEADERS BECAME PRESIDENT BY ACCIDENT, NOT PREPARED FOR THE JOB – KUKAH The Catholic Archbishop of Sokoto Diocese, Bishop Matthew Kukah, has said that many of Nigeria’s past leaders, including President Bola Tinubu, Muhammadu Buhari, Goodluck Jonathan, and Olusegun Obasanjo, rose to power by accident. According to Kukah, these leaders were not adequately prepared for the demands of …

WIKE ORDERS DISSOLUTION Of SPECIAL COURT OF APPEAL THAT GAVE FAVOURABLE JUDGEMENT ON RIVERS STATE LGA ELECTIONS – SAHARAREPORTERS The Minister of the Federal Capital Territory, Abuja, Nyesom Wike, who is in a protracted political war with his former godson and governor of Rivers State, Siminalayi Fubara, has ordered the secret dissolution of the Special Court of Appeal in the …

OLDEST CATHOLIC PRIEST IN NIGERIA, MSGR THOMAS OLEGHE, DIES AT 104, OBASEKI MOURNS The Catholic Diocese of Auchi, Edo State, on Sunday announced the death of Rt. Rev. Monsignor Thomas Oleghe, who passed away at the age of 104. Mourning the death ofonsignor OLEGHE, former Edo State governor, Godwin Obaseki, described him as a great missionary of the Catholic faith. …

PRESIDENCY LOBBIES NATIONAL ASSEMBLY OVER TAX REFORM BILLS The Presidency has intensified lobbying the National Assembly to pass the tax reform bills, Daily Trust has reliably learnt. It was gathered that the leadership of the House of Representatives has invited caucus leaders of the House for a crucial meeting aimed at convincing lawmakers to back the bills. The meeting is …

DANGOTE REFINERY NOW SELLS FUEL AT N970/LITRE The Dangote Petroleum Refinery announced on Sunday that it has reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦970 per litre for oil marketers. Anthony Chiejina, the company’s Chief Branding and Communications Officer, made the announcement in a statement, explaining that the price reduction is a gesture of …

FOUR FACTS THAT MAKE SOUTH AFRICA THE TRUE GIANT OF AFRICA The title giant of Africa has for many years been attributed to Nigeria, the most populous and generally the richest African country in recent times. But the facts have changed between South Africa and Nigeria about who the true giant of Africa is. Nigeria in the last decade, has …

ENUGU GOVT GIVES DECEMBER DEADLINE FOR COMMENCEMENT OF COAL MINING OPERATIONS In a bid to restore its prominence as the leading coal mining state in the former Eastern Region of Nigeria, the Enugu State government weekend met with mineral title holders in the state, issuing them December deadline for commencement of operations. In a communique issued at the end of …

SENATE PRESIDENT, AKPABIO, PRAISES THE IGBO FOR INDUSTRY, SELF-RELIANCE Senate President Godswill Akpabio has lauded the Igbo people for their industrious spirit and their remarkable ability to develop and invest in the communities they inhabit, no matter their location. Akpabio made these remarks during a night of tribute held in honour of the late Senator Ifeanyi Ubah. He highlighted the …