World Bank Cries Out Again Alarming Poverty Rate In Nigeria, Reveals Solutions

World Bank Cries Out Again Alarming Poverty Rate In Nigeria, Reveals Solution

The World Bank has once again cried out over that the poverty rate in Nigeria could become worse in the next ten years with up to 30 million people expected to fall into extreme poverty. This, it said, can only be prevented by Federal Government policy reforms. “Nigeria’s population is expected to grow by as … Read more

Court Sentence Six Journalists To Jail On Terrorism Charges

Man Sentenced To 12 Years In Prison For Defiling Minor

A Turkish court on Friday issued jail terms to six journalists from an opposition newspaper accused of links to the group blamed by the government for the 2016 failed coup, a lawyer told AFP. The court in Istanbul sentenced journalists from the Sozcu daily including columnist Emin Colasan and editor-in-chief Metin Yilmaz to prison terms … Read more

Bismarck Rewane Reveals How FG Can Boost Investors Confidence

Bismarck Rewane Reveals How FG Can Boost Investors Confidence

The Chief Executive Officer (CEO) of Financial Derivatives Company and a member of the Economic Advisory Council (ECA), Bismarck Rewane, says Federal Government’s obedience to court orders will boost investors’ confidence. Rewane, stated this on Wednesday during an interview on Channels Television’s Business Morning, following the release of the RevolutionNow protest, Mr Omoyele Sowore and … Read more

Duterte Bans Two U.S Senators From Philippines, See Why

Philippine President

Philippine President, Rodrigo Duterte has banned two US senators and threatened to introduce visa restrictions for Americans entering the country, the president’s spokesman said Friday, if Washington pushes ahead with sanctions against Filipino officials involved in jailing a leading opposition leader. Senators Richard Durbin and Patrick Leahy were banned from entering the country after introducing … Read more

Tragic Holiday: RCCG Pastor And Two Children Drown Inside A Pool

Spain: RCCG Pastor And Two Children Drown Inside A Pool

A Redeemed Christian Church of God (RCCG) Pastor at the Open Heavens group based in Charlton, south-east London, Gabriel Diya, and his two children, died at a swimming pool in the Costa del Sol, in the south of Spain on Christmas eve. The hotel where the incident took place described it as a “tragic accident”. … Read more

Nigerian Banks Assets And Liabilities Now At N41.42 Trillion- CBN

AbokiFX, CBN Returns Over N60 Billion Bank Loots To Customers

Nigeria’s apex bank, the Central Bank of Nigeria, has disclosed that the total assets and liabilities of commercial banks in the country amounted to N41.42 trillion as at October ending. The information, which can be found on page nine of the CBN economic report for November, further noted that the N41.42 trillion is indicative of … Read more

Power: FG Signifies Financial Commitment To Siemens Agreement

FG Signifies Financial Commitment To Siemens Agreement

Ekohotblog understands that the Federal Government has set aside the sum of N61bn for the Nigeria Electrification Road map to be developed in partnership with Germany-based Siemens AG. The amount provisioned for the Presidential Power Initiative is one of the key expenditures captured in the 2020-2022 Medium-Term Expenditure Framework but was not included in the … Read more

Dangote Cement: Michel Puchercos To Replace Joseph Makoju As GMD

Dangote Cement: Michel Puchercos To Replace Joseph Makoju As GMD

The Board and Management of Dangote Cement Plc have announced the retirement of Joseph Makoju as a board member and Group Managing Director/CEO of the cement maker. According to a statement signed by the Deputy Company Secretary Edward Imoedemhe and issued to the Nigerian Stock Exchange (NSE) earlier this week, the resignation will take effect … Read more

Oshiomhole Rejects Christmas Gift From Gov. Obaseki

There seems not to be a closer end to the fued between the National Chairman of the All Progressive Congress APC, Adams Oshiomhole and the Edo State Governor, Godwin Obaseki, as the National Chairman rejected the Christmas gift from the governor. It was gathered that Oshiomhole’s mother, Hajia Oshiomhole on Christmas day rejected gift of … Read more

Buhari Applauds Ahmadiyya Muslim Jama’at For Spreading Islam In Peace

President Muhammadu Buhari on Tuesday revealed N3.7billion has been recovered from Niger Delta Development Commission contractors.

President Muhammadu Buhari has applauded the religious organization, the Ahmadiyya Muslim Jama’at Nigeria for its great accomplishments over the years. Buhari gave the commendation at the Jama’at annual 67th Jalsa Salana (conference) held Jamia Ahmadiyya, Ilaro, Ogun State last weekend. The President who was represented at the occasion by the Minister of Mines and Steel … Read more

I Never Thought I Would live Above 30 – Gov. Seyi Makinde

The Oyo State Governor, Seyi Makinde, has revealed that he never thought he would live above the age of thirty while growing up. He added he thought he was going to join the Army to defend the territorial integrity of the country and probably get killed in the course of duty. Makinde disclosed this in … Read more

Progressive Govs Forum Celebrates Ganduje At 70 Says, ‘He Is Our Political Pride’

The All Progressive Governors have celebrated the governor of Kano State Abdullahi Umar Ganduje, as he turned 70. The APC Governors also described him as a pride of the party. Speaking under the aegis of Progressive Governors Forum PGF, the governors in a statement by their Chairman and Kebbi state Governor, Abubakar Atiku Bagudu acknowledged … Read more

PDP Berates Presidency Says, Accepting Cabal Exists In The Presidency Was Best Christmas Gift

The Peoples Democratic Party PDP has described the recent acknowledgment of the presidency that there was nothing wrong in having cabal in the presidency as the best Christmas gift from the Buhari’s led administration. It could be reclled that the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Mallam Garba Shehu had … Read more

Fani-Kayode Reveals Deji Receiving Medical Treatment In Dubai After Beaten Up By Alleged Buhari’s Thugs

The Former Aviation Minister, Chief Femi Fani-Kayode, has revealed that the human right activist Deji Adeyanju, who mercilessly beaten up by alleged thugs said to be loyal to the president Muhammadu Buhari waa receiving treatment in a Dubai hospital. Fani-Kayode disclosed this via his Facebook page on Thursday. It could be recalled that Deji was … Read more

BREAKING: PDP To Start Searching For 2023 Presidential Candidate

PDP

The Chairman, Board of Trustees of the Peoples Democratic Party, PDP, Senator Walid Jibrin, has revealed that the Peoples Democratic Party would soon embarking on the search for the Presidential flag bearer of the party ahead of the 2023 Presidential election. Jibrin disclosed this development to newsmen in an interview recently adding that, the flag … Read more

IPOB Alleges North Formed Boko Haram To Discredit Obasanjo, Jonathan’s Administration

Nnamdi Kanu

The Indigenous People of Biafra, IPOB, has alleged that the northern Nigeria formed Boko Haram to discredit the administration of the former presidents Olusegun Obasanjo and Goodluck Jonathan. The leader of the group, Mazi Nnamdi Kanu, made the accusation via a radio broadcast on Wednesday. Adding that, the greatest mistake made by former President Goodluck … Read more

EFCC Tackles Ex-AGF Adoke On Book Claims

The Economic and Financial Crimes Commission EFCC has reacted to the claims of the former Attorney General and Minister of Justice, Mohammed Adoke, in his recently released autobiography. It was gathered that the former minister’s claim on Halliburton’s $24 m fine settlement shared by five lawyers, $2 m settlement in the controversial Malabu deal, recommendation … Read more

Bamidele Restates NASS Commitment To Strengthens Judiciary

CJN

The Chairman of Senate Committee on Judiciary and Human Rights, Opeyemi Bamidele, has expressed the commitment of the National Assembly to strengthened the judiciary. He also described the release of the former National Security Adviser, Sambo Dasuki and the convener of #RevolutionNow movement, Omoyele Sowore, from detention as a testimony to the Federal Government’s respect … Read more

Okonjo-Iweala Tasks FG On Expansion Of Immunisation Coverage

WTO DG Election: ECOWAS Finally Declare Support For Okonjo-Iweala

The former Minister of Finance and Chairman, Global Alliance for Vaccines and Immunisation (GAVI), Dr Ngozi Okonjo-Iweala, has tasked the Federal Government on the need to improve on immunisation coverage. Okonjo-Iweala made the appeal in an interview with the News Agency of Nigeria (NAN) in Umuahia on Thursday. She commended the Federal Government for efforts … Read more

Australian Bushfire Intensifies, Heatwave Advances

Firefighters in the hills east of Adelaide in South Australia raced against time to contain bushfires on Thursday. The Bureau of Meteorology predicts temperatures well above 40 degrees near Adelaide from Friday through Monday as the heatwave advances east across the continent. Fires across some 25,000 hectares which have already destroyed 87 homes and killed … Read more