First Lady of Nigeria, Senator Oluremi Tinubu, has said that the Super Falcons gave England’s side a run for their money after the Women’s World Cup defeat of 4-2 on penalties in Brisbane on Monday. Oluremi noted that the match was not easy for England noting that Nigeria played well. She said, “I want to say that they played very well and we are proud of them. We gave England a run for their money and so we will be waiting to receive them. “The match wasn’t easy for England. It was like a bonus to them and they…
Author: meridianspy
The Nigerian Exchange Limited (NGX), attracted a total of N369.83 billion new listings across equities, FGN Bonds, mutual funds, and derivatives categories in seven months of 2023. The numbers obtained by Economic Confidential revealed that corporate entities shun listing on NGX as FGN Bonds dominated listing on the bourse in the period under consideration. During the period, Lagos state government is the only state that raised capital from the NGX despite pressure on State governments to bridge infrastructure deficits, create jobs and improve living standards. Further analysis showed that so far in seven months of 2023, FGN Bonds listings…
Manufacturers under the aegis of the Nigerian Textile Employers Association have said that smuggling of textile products through Nigeria’s land borders, has led to the collapse of over 150 textile companies in the last 40 years. The Director-General of the association, Hamma Kwajaffa disclosed this in an exclusive interview with The PUNCH. According to him, the closure of the Nigeria-Niger border, which had left several trucks of textile products stranded on the border, was evidence that inferior textile products had been entering the country at the expense of the local textile industry. He noted that in 1980, Nigeria had about…
The Nigerian Electricity Regulation Commission (NERC) has said the federal government paid the sum of N36bn to subsidise electricity consumption in the first quarter of 2023. In its quarterly report, NERC said the money amounted to the payment of N12bn monthly which was paid to the Nigerian Bulk Electricity Trading (NBET). With the NBET charged with the collection of revenues due to generation companies and the Transmission Company of Nigeria from the DisCos, the sum of N141.5bn was paid to the NBET from the N209.2bn invoice given to the DisCos. Recall that the total revenue collected by the 11…
The last may just not have been heard in the raging feud between Governor Godwin Obaseki and his Deputy, Philip Shaibu. Both camps were wrapped in anxiety, suspense and apprehension ahead of today’s resumption of sitting of the state House of Assembly. Shaibu is battling perceived impeachment moves against him. The apprehension is over whether or not the lawmakers will embark on the purported impeachment plot of the deputy governor despite the Abuja Division of the Federal High Court directive of maintaining “status quo ante bellum” pending the determination of the suit filed by Shaibu to stop the alleged…
Niger’s War of Blood and Water By Lasisi Olagunj One of the bitter lessons Bola Tinubu may have learnt in his abortive war against Niger Republic’s military junta is that with northern Nigeria, blood will always be thicker than water. In this matter, Niger Republic is blood; Nigeria, especially the part of it outside the Muslim north, is water. Northern Nigerians will not sacrifice their brothers and sisters in Niger for anything, not for a nebulous concept called ‘democracy’ and definitely not in defence of Western interests. Last week, I looked at the geography of West Africa, its map and…
The leadership of the Peoples Democratic Party (PDP) and its governors have warned the Federal Government of Nigeria on the dangers of going to war in Niger Republic. The opposition party stalwarts, who rose from a meeting in Abuja on Saturday, said it was risky deploying troops to the Republic of Niger in efforts to restore democracy after the recent military coup in the country. They urged the FG, to instead, use dialogue to resolve the political impasse in the country. The meeting comprised of governors elected on the platform of the party, the presidential candidate, Atiku Abubakar and…
The Chief of Army Staff (COAS) Nigerian Army (NA) Lieutenant General Taoreed Lagbaja has declared that ‘the only thing better than democracy for Nigeria in this modern era, is more democracy’. The Army Chief made the declaration Saturday, while addressing Officer Cadets at the Passing Out Parade and Commissioning cum Oath Taking Ceremony for Executive Commission Course 1/2023, held at the Major Bulama Biu Parade Ground, Military Cantonment, Jaji, Kaduna. Speaking further, Gen Lagbaja averred that all officers and men of the Nigerian Army must be reminded that subordination of the military to constituted authority remains the most fashionable means…
Over the last two days my WhatsApp has been flooded and telephone inundated with an overwhelming number of vexatious, malevolent, irritating and nauseating video clips of Nigerien, Burkina-be and Malian soldiers marching and chanting war songs against our great country Nigeria whilst being applauded and egged on by ecstatic French-speaking crowds who are reigning curses on our beloved homeland and our President and burning our flag. Surely even the most unpatriotic Nigerians find it hard to stomach this impudent affront from a bunch of wild and excitable protesters that are little better than slavish monkeys, camel jockeys and desert rats.…
13 Ghanaians, including 12 men and 1 woman, have started an epic trek from the capital of Ghana to the United Kingdom. According to Ghana’s media agency, the voyage will span an astounding 10,000 kilometres. They claimed that their goal was to drive from Accra to London while taking it all in. The team’s historic achievement will be marked by their anticipated arrival in London on Sunday, August 6, or Monday, August 7, 2023. Speaking from Spain in an interview on Accra-based Peace FM, one of the team members known as Saka, shared their motivation for embarking on…
US Secretary of State Antony Blinken The United States has announced to halt some of its aid programmes to Niger, following the overthrow of the country’s elected president Mohamed Bazoum by the military council. The suspension of aid programmes to the West African nation was announced by the US Secretary of State, Antony Blinken, on Friday, according to RFI. “The US government is pausing certain foreign assistance programmes benefiting the government of Niger,” Blinken said in a statement. However, “life-saving humanitarian and food assistance will continue” and the US would still carry out diplomatic and security operations…
Elon Musk announced on Saturday that his social media business X would offer members who experience backlash from their bosses due to posts on the network financial legal assistance. Users have occasionally found themselves in trouble with their employers over controversial things they posted, liked, or retweeted on the network, which was once known as Twitter, including a lot of celebrities and other people in the spotlight. “No limit. Please let us know.” Musk gave no details on how users could claim their money. Since the tycoon bought the social media platform for $44 billion last October, its advertising…