Ex-aviation minister, Osita Chidoka, quits PDP

Former Minister of Aviation, Osita Chidoka has announced his resignation from the Peoples Democratic Party, PDP. Chidoka announced his resignation from the opposition party during an appearance on Channels Television on Friday, November 29.He said that his desire to focus on his non-profit organisation, Athena Centre, influenced his decision to leave PDP. …

CBN threatens sanction over cash scarcity at ATMs

The Central Bank of Nigeria (CBN) has warned that it will impose severe penalties on banks failing to address the ongoing cash scarcity at automated teller machines (ATMs). Olayemi Cardoso, the CBN governor, issued the warning during the annual Bankers’ Dinner hosted by the Chartered Institute of Bankers of Nigeria (CIBN) on Friday.The cash…

France returns ancient artefacts to Ethiopia

France has initiated the return of approximately 3,500 archaeological artefacts to Ethiopia, decades after they were taken to Paris for study. The handover began on Saturday, November 30, with a ceremonial transfer of three prehistoric tools at the National Museum in Addis Ababa. French Foreign Minister Jean-Noel Barrot presented two prehistoric stone axes, known…

WTO reappoints Ngozi Okonjo-Iweala as DG

The World Trade Organisation (WTO) has reappointed Ngozi Okonjo-Iweala as its director-general for a second term. In a post on X on Friday, WTO said the reappointment will take effect on September 1, 2025.The former Minister of Finance assumed office as the seventh Director-General of the World Trade Organization on March 1 2021. She…

Tax reform bills will cripple North economy, Zulum warns

Governor Babagana Umara Zulum of Borno State has voiced strong criticism of the tax reform bills currently under consideration, stating that their implementation would hinder the progress of the northern region and adversely affect other parts of the country. The bills, introduced by President Bola Ahmed Tinubu in September, have sparked significant opposition, particularly…

Two suspected cult members set ablaze in Jos

Angry youths on Friday, Nov. 29, burned down suspected cult members in Jenta Adamu community, Jos North Local Government Area of Plateau State. The spokesman of the state police command, DSP Alabo Alfred, who confirmed the incident to newsmen, said it happened around 9:20am but did not state how many the victims were. Mr…

FG’s electricity subsidy increases by 269%, rising from N650 billion in 2023 to an estimated N2.4 trillion in 2024

The Federal Government’s electricity subsidy has surged by 269%, rising from ₦650 billion in 2023 to an estimated ₦2.4 trillion in 2024. This increase comes despite the implementation of the Band A tariff service category in April, which was expected to reduce subsidy obligations by ₦1.14 trillion. Dr Yusuf Ali, Commissioner for Planning, Research,…

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