August 1, 2023

The Presidential Elections Petitions Tribunal sitting in Abuja on Tuesday reserved judgement in petition filed by the labour party and its presidential candidate, Peter Obi challenging the 2023 presidential elections. The five-man panel of justices led by Justice Haruna Tsammani adjourned the matter for judgement at a date that would be communicated to all parties …

Tribunal reserves judgement in Obi’s petition against Tinubu Read More »

Daniel Bwala, a legal practitioner and spokesperson of the Atiku Abubakar presidential campaign during the 2023 presidential election, has strongly condemned the senate screening of ministerial nominees that took place on Monday and Tuesday. Added to his condemnation of the exercise, Bwala said out of all the candidates screened by the Senate committee, only six …

Daniel Bwala criticizes senate screening committee, trusts only 3 nominees Read More »

Nigerian Safety Investigation Bureau (NSIB) has commenced investigations into the helicopter crash at Oba Akran area of Ikeja, the capital city of Lagos State on Tuesday. The Bureau identified the aircraft type as a Jabiru J430; a light single aeroplane with Nationality and Registration Marks 5N-CCQ operated by Air First Hospitality & Tours. Read also: …

Bureau commences investigation into Lagos helicopter crash Read More »

The Federal Government has again appealed to the organised labour to cancel the proposed protests starting from Wednesday, saying that government is doing everything to ensure that the hardship occasioned by the petrol subsidy removal is sorted out. The organised labour however, said that the palliatives rolled out by the President in his nationwide broadcast …

Ajaero insists strike will hold, denies calling it off Read More »

Islamist militants have beheaded at least 10 farmers in Nigeria’s northern state of Borno after attacking their farms, residents told Reuters on Monday. Last week, militants killed at least 25 people and wounded others in attacks on two villages in Borno State, a hotbed for insurgency and the center of a more than a decade-long …

Islamist militants behead 10 farmers in Nigeria’s Borno state, residents say Read More »

President Bola Tinubu has barely been in power for two months but his radical reforms are already trying the patience of fellow Nigerians. According to Bloomberg surging gasoline prices and rampant inflation following the abolition of fuel subsidies and exchange rate reform are hammering the poor in Africa’s most populous nation, where 40% of its …

Nigerians left cold by Tinubu reforms as investors applaud Read More »

World Bank President Ajay Banga will begin a three-day visit to Nigeria on Thursday August 3 as part of a global tour that is at the center of a mission to write a new playbook for the 78-year-old institution. Banga will focus his time in Nigeria on identifying opportunities to create jobs for young people …

World Bank President Visits Nigeria, to focus on job creation for youths, women Read More »

The Nigeria Labour Congress, NLC, on Tuesday, said it is reconsidering its planned protests fixed for tomorrow, Wednesday. This followed the Tuesday resumed meeting held at the Presidential Villa between the Nigeria Labour Congress (NLC) members and the Trade Union Congress ( TUC) on the one side and the Presidential Steering Committee, made up of …

NLC Strike: Labour reconsiders its planned protests Read More »

The Avalon Daily is set to host a high-level Policy Dialogue on the economy, with a specific focus on job creation and poverty reduction. The event, which is supported by TirtaAyu Spa (Nigeria’s fastest growing SPA and beauty brand), DOA (a leading business law firm in Lagos) and Sen waters, is scheduled for August 12 …

Avalon Daily’s policy dialogue to ignite conversation on job creation and poverty reduction Read More »

FCMB Group Plc records positive financial performance across key indicators with a 148% growth in profit before tax of N38.2 billion from January to June this year, compared to N15.4 billion in the corresponding period of 2022. Highlights of the diversified Group’s unaudited six-month results released on the Nigerian Exchange Limited (NGX) floor showed that …

H1 2023: FCMB Group Plc reports 148% profit growth Read More »