Breaking News in Nigeria Today Saturday 16th October 2021
Here are some of the Breaking News in Nigeria Today Saturday 16th October 2021 on some of the nation newspapers .
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Inflation sustains declining trend, records 16.63% in September
…Kogi records highest surge at 20.28% …Kwara has lowest figure at 13.70% Inflation has dropped to 16.61 per cent in September from 17.01 per cent in August in spite of the continuous rise in prices of food items, according to figures obtained from the National Bureau of Statistics (NBS) on Friday. The latest drop represents
Varsities to get N30bn revitalisation funds soon – FG
The Federal Government has given assurances that disbursement of the N30 billion revitalisation funds to public universities would soon commence. Minister of Labour and Employment, Senator Chris Ngige who made this known at the end of a marathon conciliation meeting between the Federal Government and the Academic Staff Union of Universities (ASUU), said the six
N20bn loan: EFCC withdraws forfeiture suit against Kogi govt
State demands apology The Economic and Financial Crimes Commission (EFCC) has withdrawn a suit it filed against Kogi State Government seeking forfeiture of a N20 billion funds said to be ‘proceeds of unlawful activities’ warehoused in a bank. This is even as the state government has demanded apology from the anti-graft agency for embarrassing it
Oil price hits $85.7, signaling hope for Nigeria
Oil producing countries, including Nigeria, yesterday, set for major profit overhaul, as the price of crude oil hits $85.07, the highest, in last three years. Brent oil, the global benchmark, topped $80 per barrel, two weeks, in what local observers, described as a good omen for the country, which majorly relies on revenues accrued from
Bakare meets Buhari, calls for unity based on equity, justice
…says those calling for power shift politically immature Pastor Tunde Bakare, head of Citadel Global Community Church, yesterday met with President Muhammadu Buhari in the Presidential Villa. The cleric, who told State House Correspondents that his visit to the President was private, disclosed that he used the meeting to express what was on his mind,
Parallel APC congresses threaten exercise across states
Chieftain threatens parallel exercise in Edo if… Anything done in Abia is null and void –Stakeholders State congresses of the ruling All Progressives Congress (APC), holding today across the 36 states of the federation and the Federal Capital Territory (FCT), may be marred by controversies in some states owing to divisions and factions. Checks and
$4m BRIBERY SCANDAL ROCKS ANAMBRA GUBER POLL – CHECKS
South East governor, INEC commissioner fingered Security operatives launch discreet probe, vow to ‘take in those involved’ Plans may have been concluded to compromise the November 6 Governorship election in Anambra State with a whopping sum of $4 million, investigation by Saturday Telegraph has revealed. At the centre of the bribery scandal, is a South
NGX Group lists 1.96bn shares, adds N34.8bn to market capitalisation
…Listing will attract institutional investors – Onyema Nigerian Exchange Group Plc yesterday successfully listed its shares on the Main Board of Nigerian Exchange Limited (‘NGX’ or ‘The Exchange). A total of 1,964,115,918 shares at a listing price of N16.15 per share were admitted to trading, representing the issued share capital of the group as at
COVID-19: Rapid mutation leads to vaccination failure –Experts
It takes days after full vaccination to develop high level of protection, says Prof. Tomori Medical experts have said that COVID-19 virus mutates very fast and that the vaccines have not been fully studied. This rapid mutation, coupled with “breakthrough infection” for the fully vaccinated, in most cases, according to them, have been known to
Late Sir Victor Uwaifo laid to rest, as Obaseki names Edo Creative Hub after him
The remains of legendary highlife music maestro, Prof. Sir Victor Uwaifo, fondly referred to as the Guitar Boy, were yesterday interred in his palatial residence at Victor Uwaifo Avenue, off College Road, off Ekenwan Road in Benin, after funeral mass at Samuel Ogbemudia Stadium in the Edo State capital. The state Governor, Mr. Godwin Obaseki,
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