A Nigerian man who campaigned for President Tinubu during the 2023 Presidential election has asked the President to resign and step aside. In a series of tweet, the man with the handle @yemajiconcepts said people are suffering and all the President does is stay in power. He said everyone thought the Buhari-led administration was bad […]
Like CBN and FAAN, Nigerian Upstream Petroleum Regulatory Commission considers moving office to Lagos
Like CBN and FAAN, Nigerian Upstream Petroleum Regulatory Commission is considering moving some units in its office to Lagos state. According to a circular dated February 14, 2024, the agency said the decision is driven by the need to enhance service delivery, reduce operational cost and also make adequate utilization of their assets. Read the […]
UK economy falls into recession
The UK economy has entered recession after recording two successive quarters of negative economic growth in the second half of last year. The office for National Statistics (ONS) said that gross domestic product (GDP) contracted by a worse-than-expected 0.3% in the three months to December having shrunk by 0.1% between July and September. A Reuters poll […]
Again, CBN raises import duty forex rate, 4th time in 10 days
The Central Bank of Nigeria (CBN), on Wednesday, February 14, readjusted the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. The exchange rate was reviewed upward by N36.922 that is, 2.56 per cent against the last increment, in the early hours of Wednesday, 14th February, 2024. Also, the adjustment will be the 5th in 12 days […]
Economic Hardship: Northerners will soon revolt; we can no longer pacify our people— Sultan of Sokoto tells President Tinubu
Sultan of Sokoto, Muhammad Sa’ad Abubakar-led Northern Traditional Council, has warned that rising poverty, hunger and insecurity in the country will force people to revolt against President Bola Tinubu’s government very soon, Peoples Gazette is reporting. “It is getting to a level that traditional leaders could no longer pacify the people from revolting against government […]
Just In: Nigeria’s Inflation rate hits 29.90% as food prices rise
Nigeria’s inflation increased to 29.90 per cent in January 2024 from 28.92 per cent recorded in December 2023 amid rising food prices. The National Bureau of Statistics, NBS disclosed this on Thursday in its latest Consumer Price Index. According to the bureau, the figure is 0.98 per cent points higher compared to the 28.92 per […]
Just In: Naira falls to N1,600 per $1
The naira dipped to N1,600 against the dollar on Thursday as Nigeria’s economy continues to h¥rt under President Bola Tinubu’s watch, Peoples Gazette is reporting. According to Aboki Forex, the naira plunged to N1,600 to $1 despite efforts by the Central Bank of Nigeria to salvage the free fall of the naira. Though the naira […]
Just In: NUPRC to relocate key departments from Abuja to Lagos State
The Nigerian Upstream Petroleum Regulatory Commission is currently considering relocating some of its units to Lagos, according to a document seen by Channels. The memo dated February 14, 2024, said the decision was to enhance its service delivery, reduce operational costs, and make adequate utilisation of its assets in Lagos. “In line with our objectives of […]
U.K. economy enters recession
The United Kingdom’s economy has entered a recession as its gross domestic product (GDP) fell by 0.3 percent in December 2023. According to the UK’s Office For National Statistics (ONS), the fall in GDP was due to a decline in all main sectors of the economy. This is the “mildest recession” witnessed in 50 years […]
You committed f+rnication by touching her body with yours,” Facebook personality, Ossai, Success, sl+ms Gospel singer Moses Bliss over his recent pictures with his fiancée
Facebook personality, Ossai, Success, has sl+mmed Gospel singer Moses Bliss over his recent pictures with his fiancée As a christian, you are not supposed to be in this kind of position with a woman that is not your wife yet. You just committed fornic*tion by using your body to touch her body. You should know better being […]