Author: Abimbola Ogunaike

Tears flowed down the faces of people like a river as popular Nigerian gospel singer, Dele Agbeyo, professionally addressed Dele Gold was buried in Lagos. Thegazellenews.com reports that the Ekiti-born singer died after a brief illness on Wednesday, 11 September, 2024. The burial ceremony which took place at his residence in Abule Egba, Lagos on Thursday,19 September, 2024, was attended by prominent figures. Among the prominent figures at the event were: popular Nollywood actor, Saidi Balogun, and gospel musicians: Genesis, Wale Dada and Femi Solar. Dele, who was also known as the Miliki Gospel King, was a native of Usi,…

Read More

The National Agency for Food and Drug Administration and Control (NAFDAC), has sealed the Gamboru drug market in Maiduguri, Borno State over illicit drug practices. Among the illicit practices are washing and sun-drying of contaminated drugs for resale amid the devastating flood that hit the state. It was gathered that the Maiduguri flood crisis was caused by the rupture of the Alau Dam on the Ngadda River, 20 kilometres (12 miles) south of Maiduguri. The severe flooding has so far killed no fewer than 30 persons and forced 400,000 others from their homes. The agency, in a post on its…

Read More

The National Agency for Food and Drug Administration and Control (NAFDAC), has sealed the Gamboru drug market in Maiduguri, Borno State over illicit drug practices. Among the illicit practices are washing and sun-drying of contaminated drugs for resale amid the devastating flood that hit the state. It was gathered that the Maiduguri flood crisis was caused by the rupture of the Alau Dam on the Ngadda River, 20 kilometres (12 miles) south of Maiduguri. The severe flooding has so far killed no fewer than 30 persons and forced 400,000 others from their homes. The agency, in a post on its…

Read More

The Chief Magistrate Court 3 sitting in Yola, Adamawa State, presided over by Chief Magistrate Uwani Danladi has ordered a college registrar to pay N1 million as damages to a married female lecturer whom he slapped. The court discharged the Acting Registrar of the College for Legal Studies in Yola, Musa Chiroma, after he paid the N1 million as damages to the lecturer, Mrs. Fadimatu Musa. Aside from the N1 million in damages and an additional N80,000 as the cost of prosecution, the acting registrar was also required to tender a written apology and an undertaking not to victimize or…

Read More

Tamroyal Multipurpose Hall, Alapere, Ketu, Lagos State was full to the brim on Thursday, 19 September, 2024. It was the occasion where the hardworking Chairman of Agboyi-Ketu Local Council Development Area (LCDA), Mayor Dele Oshinowo, disbursed N50 million to empower 1,000 vulnerable residents in the council area, reports thegazellenews.com.  In his speech at the occasion, Oshinowo pledged his the administration’s commitment to empowering residents, especially the most vulnerable. The council boss said though he has nine months left to end his tenure, he vowed to continue not to disappoint the people of his council area. “We will continue to do…

Read More

The Peoples Democratic Party (PDP) in Kwara State, has declared its commitment to contesting and winning the upcoming local government elections scheduled for 21 September, 2024. The declaration is coming a few hours after a high court in Abuja lifted the restraining order initially placed on the Kwara State Independent Electoral Commission (KWAISEC). The court’s decision was based on the expiration of the ex parte order, which, by law, cannot extend beyond 14 days. Reacting to the development, spokesman of the PDP in the state, Olusegun Olusola Adewara, in a statement in Ilorin, the state capital said “While the substantive…

Read More

The All Progressives Congress(APC) Imo State chapter, has finally made public names of its candidates that will fly the party flag in the 21 September, 2024, local government elections. It said the names have been submitted to the Imo State Independent Electoral Commission (ISIEC) In a press statement issued by its State publicity secretary, Cajetan Duke, he informed members and the general public that the primaries for the nomination of chairmanship and Councilor candidates have been concluded. “Any information circulating about harmonization to the list by any person or group, regardless of their standing in our party, should be disregarded…

Read More

The Central Bank of Nigeria (CBN) has said that Nigeria’s domestic prices are expected to remain high in the 2024/2025 fiscal year. The Apex Bank made this known in its Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for fiscal years 2024/2025. CBN’s revelation comes amid the two consecutive decreases in Nigeria’s inflation in July and August which stood at 33.40 percent and 32.15 percent. Meanwhile, CBN blamed elevated domestic prices on the back of spillovers from global supply constraints, exchange rate pass-through impact, persisting security and infrastructural challenges. However, the Apex Bank said the country’s fiscal outlook remains positive…

Read More

Things are looking good for the Nigerian economy as the Nigerian Exchange Limited, NGX, opened the week’s trading session on a good note by adding 0.23 percent or N131 billion to the market capitalization on Tuesday, 17 September, 2024. This is as the NGX opened at N56.002 trillion and closed at N56.133 trillion. Analysis of the data showed that the All-Share Index also gained 0.23 percent or 229 points to close at 97,685.64 points, against 97,456.62 points posted on Friday, 13 September, 2024. As a result, the ASI year-to-date return increased by 30.64 percent. Investors’ interest in Geregu, FBN Holdings,…

Read More

The Central Bank of Nigeria(CBN) has revealed that lower crude oil earnings, fuel subsidy removal, lower import bills and increased external debt servicing obligations are potent dangers for the country’s external reserves growth by the 2024/2025 fiscal year. The Apex Bank disclosed this in its Monetary, Credit, Foreign Trade and Exchange Policy guidelines for fiscal years 2024/2025. According to CBN, lower crude oil earnings, fuel subsidy removal, lower import bills and increased external debt servicing obligations are major determinants of the overall economic growth of Nigeria. CBN, however, projected that Nigeria’s external sector in 2024/2025 is optimistic, on the expectation…

Read More