Author: Chief Editor

The Indigenous People of Biafra, IPOB, on Thursday, insisted that the lead counsels of its leader, Nnamdi Kanu, Mike Ozekhome and Ifeanyi Ejiofor, have not been sacked. Emma Powerful, the IPOB’s spokesman, said the statement credited to Kanu’s family members that Ozekhome and Ejiofor have been sacked should be disregarded. Powerful said Ozekhome and Ejiofor are IPOB lawyers, hence can’t be sacked by Kanu’s family. In a statement, Powerful said those spreading the “laughable rumors” that Ejiofor and Ozekhome have been sacked should desist. A statement by Powerful reads: “IPOB and Mazi Nnamdi Kanu, who engaged these dependable legal luminaries,…

The National President of Arewa Youths Consultative Forum, AYCF, Yerima Shettima has set a five-point agenda for the President Bola Tinubu administration. President Tinubu upon assumption of office, vowed to change the economic and security template of the country. Within two weeks, he carried out a major shake-up, leading to the sack of all the Service Chiefs. He had earlier relieved Abdulrasheed Bawa of his duty as the Chairman of the Economic and Financial Crimes Commission, INEC, and Godwin Emefiele as the Central Bank of Nigeria, CBN, governor, amid other reform policies. Shettima told DAILY POST that the President had…

Cristiano Ronaldo marked his 200th international appearance with the winner as Portugal beat Iceland 1-0 in Euro 2024 qualifying on Tuesday, while Erling Haaland netted twice for Norway. Elsewhere, Belgium brushed aside the Thibaut Courtois captaincy row by seeing off Estonia thanks to a Romelu Lukaku double in Tallinn and Moldova came from two goals down to stun Poland. Portugal appeared to be heading towards a drab goalless draw in Reykjavik until Willum Thor Willumsson was sent off late on. Ronaldo struggled for much of the match but repaid coach Roberto Martinez’s faith by slotting home from Goncalo Inacio’s knock-down…

The Northern Christian Youth Professionals has commended President Bola Ahmed Tinubu on his recent appointments of the security Chiefs, saying they are a clear testament to the President’s unwavering commitment to uniting Nigerians as one and ensuring equal treatment for all citizens. In a statement by Chairman of the group, Isaac Abrak, he said the recent appointment reinforces the belief that the Muslim-Muslim ticket during the election was never intended as a sign of disrespect to Christians, especially those in the North, but rather, it was a strategic move to secure electoral victory. While urging fellow Christians and all Nigerians to…

• Country has capacity to attract $10b yearly as tech hubs rise to 150Nigeria is said to have attracted about $1 billion funding to the technology startup ecosystem businesses in 2022. This was disclosed yesterday by the Founder of CcHub, Dr. Bosun Tijani, who featured on a television programme to intimate the public about Pan African Youth Innovation Forum 2023, with the theme: “Unleashing Africa’s Innovative Future with Bill Gates,” an hybrid event happening tomorrow, which will feature Microsoft Co-Founder, Bill Gates, among others. Tijani said the technology ecosystem is fast becoming big and currently has the capacity to attract over…

•Official, black market rates at parity first time in eight years•We have not switched to complete free float, says CBN deputy Exactly a week after the Central Bank of Nigeria (CBN) pulled the plug on the foreign exchange (FX) market to allow gradual rates harmonisation around the Investors’ and Exporters’ (I&E) window, naira is trading higher at the black market for the first time since 2015. This suggests that end-users are getting dollar at a discount at the black market rate, a rare occurrence in the history of the alternative FX window The I&E window closed at N770.38/$ on Monday,…

After a long-drawn battle in Nigeria, foreign airlines are beginning to turn the heat on Ethiopia over a $95 million stuck fund. Though the blocked fund is a small fraction compared to over $800 million stranded in Nigeria, the carriers said the development would continue to have dire consequences on the East African country – akin to the experience in Nigeria. The airlines, under the aegis of the International Air Transport Association (IATA), reiterated that the ability to repatriate revenues is guaranteed in international agreements. Therefore, all parties must abide by these agreements to keep the world connected by air.…

Popular comedian Bowoto Tanimola, better known as Akpororo, has taunted the Labour Party presidential candidate, Peter Obi, who is currently in court over the 2023 presidential election. During a recent performance, Akpororo inquired of his audience: “Peter Obi still they go court, abi?” The crowd responded, “Yes.” “He go still dey go court for eight years”, Akpororo added. His joke didn’t sit well with many, especially Peter Obi’s supporters, who took to social media platforms to berate the comedian after the video went viral on Tuesday. DAILY POST recalls that Peter Obi and the Labour Party have filed suits challenging…

Stakeholders in the Nigerian oil and gas industry have expressed divergent views on some of the proposals put forward by President Bola Tinubu’s Policy Advisory Council, which are intended to reposition the sector for rapid growth and increased value addition. While some industry players backed all the proposals totally, others advised the government to jettison some of them in order to avoid causing chaos in the sector, particularly on the proposal to merge the regulatory agencies. THISDAY had reported penultimate Sunday that the council proposed the sale of the major stakes of the Nigerian National Petroleum Company Limited (NNPC) in…

As the federal government strives to unlock the huge opportunities in natural gas through aggressive policies, Chief Financial Officer of Axxela, Mr. Timothy Ononiwu, has harped on effective implementation of policies and regulations in order to attract more investments into the sector. Ononiwu said such policy implementation has the capacity to promote the use of gas for power generation, industrial use, and transportation, locally, as companies see an enabling environment to invest in gas distribution infrastructure. Citing the country’s well-thought-out policies and regulations aimed at increasing investors’ activities in the gas sector such as the Petroleum Industry Act (PIA), the…