Author: NPO Admin I
BBC The price of beer is set to rise once again in Nigeria because of the rising cost of production, says Nigerian Breweries. This is the third time in less than a year that consumers will be paying more for their refreshment. The brewery said the new prices would take effect on Friday, one month after the last adjustment. Nigeria Breweries is the largest and oldest brewery in the country, but last year, it recorded a net loss of 106bn naira ($66m: £53m) because the depreciation of the naira, the local currency, has made importing the ingredients more expensive. In…
By Aaron Akinyemi BBC News Sassy, provocative African-made dramas could be key to potentially one of the biggest streaming markets in the world – and one new show is proving the point. “Lights off at eight. No sex here,” a teacher tells a new student in Youngins, set in fictional boarding school in South Africa. But audiences have been learning that rules are there to be broken – and the Showmax series, with an episode released every week on the South African-based subscription streaming service, is a wild ride full of fun, danger, sex and violence. “I would describe the…
By Kayla Epstein BBC News US President Joe Biden and his predecessor Donald Trump have both passed the delegate thresholds to clinch their parties’ nominations for the election in November. Four states, one American territory and Democrats living abroad held their primaries on Tuesday. The result means US voters face a rematch of the 2020 presidential election in eight months’ time. The nominations will be made official at party conventions this summer. The 81-year-old president said on Tuesday evening that he was “honoured” voters had backed his re-election bid “in a moment when the threat Trump poses is greater than…
By Halimah Olamide A Nigerian leading policy think-tank, Agora Policy has offered suggestions and guidelines for an effective implementation of the Oronsaye Report by the Federal Government. NPO Reports that the Federal Government had on February 26, announced that the 12-year-old report commissioned during the administration of former President Goodluck Jonathan was needed to trim down government structure and cut down expenses. Offering its guidelines on the modalities for implementation, Agora Policy, has been at the forefront of advocacy for transparency and prudence in governance, said governments before now had paid lip service to the implementation of the Oronsaye report…
By Femi Alabi Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Abuja has on Monday heard that a former governor of Central Bank of Nigeria, CBN, Godwin Emefiele signed and approved award and payments of contracts to April 1616 Investment Limited and Architekon Nigeria Limited, companies that allegedly belong to Sa’adatu Ramalan Yero, his wife, Margaret Emefiele and his in-law respectively. A Seventh Prosecution Witness, Agboro Michael, PW7 told the court during the resumption of the trial. The witness, an investigator with the Idependent Corrupt Practices Commission, led in evidence by the prosecution counsel, Rotimi Oyedepo, SAN,…
By Femi Alabi Justice Oyindamola Ogala of the Lagos State High Court in Ikeja, on Monday has adjourned the alleged N4.8 billion fraud brought against a businessman, Chief Cletus Ibeto, till April 15, 2024. EFCC on its official X handle post revealed that Ibeto had paid the sum of N1.5 billion and promised to conclude the payment in the next three months . The case, which was initially before Justice I.O. Ijelu, of the Lagos State High Court, Ikeja, suffered several adjournments due to the absence of the defendant to take his plea with respect to the 10-count charges…
By Halimah Olamide Some pupils of a private school have been reportedly rescued in Lagos after suspected kidnappers attempted to take them away on Monday. A spokesman for the Lagos State Police Command, SP Benjamin Hudenyin, who confirmed the arrest, said: ”At about 3.30 pm, on March 11, 2024, the Headmaster of a school situated at Ijegun area of Lagos, reported at Area ‘M’ Command, that some unknown persons invaded the school and abducted three pupils in the school premises. “Upon the information, detectives swung into action and led a formidable team to the scene of the crime. ”Furthermore, the…
By Femi Alabi The Economic and Financial Crimes Commission, (EFCC) has increased the money laundering charge preferred against Abiodun Agbele, an ally of the former Ekiti Governor, Ayodele Fayose from 11-counts to 24-counts. The EFCC had in 2016 arraigned Agbele, and five others at the Federal High Court, Abuja on an 11-count charge bordering money laundering to the tune of N1. 2 billion. The money was said to be part of N4.7 billion allegedly transferred from an account belonging to the Office of the National Security Adviser, (NSA) in the Central Bank of Nigeria, (CBN). In the amended charge,…
By Femi Alabi There was commotion Tuesday afternoon in Abuja, the Federal Capital Territory, as the popular Wuse Market went up in flames. There were fears that goods worth billions of Naira might be consumed. The incident forced many people in the area to scamper to safety. The cause of the fire outbreak could not be ascertained at the time of filing this report, but the incident abruptly ended the business of the day around the Market Area. People were seen scampering for safety which eventually caused vehicular gridlock around the area, firefighters and security operatives have immediately mobilized…
Agency report Gov. Lucky Aiyedatiwa of Ondo State, on Tuesday, expressed optimism to clinch the All Progressives Congress (APC) governorship ticket during the party’s primary scheduled to hold on April 24. Aiyedatiwa said this at his formal declaration of his intention to run for the governorship election in the state, scheduled Nov. 16. The governor, who spoke at the APC secretariat in Akure, said his vision and mission for the state were greatly enriched, having served under the late Governor Rotimi Akeredolu between 2021 and 2023. “My mission would focus on key developmental issues to alleviate poverty, banish hunger…