Author: Lekan Adeyeye

THE Director General, National Information Technology Development Agency, Kashifu Inuwa has called on a group of international investors in Germany  to invest in the Nigeria tech ecosystem because doing so is valued and come with many rewards. Speaking on the topic, “the Evolution of the Nigeria Tech Ecosystem” which was a conversation with Ludwig von Bayern Startup Lions, Germany, the Director General said, “Nigeria provides opportunities for entrepreneurs to quickly and conveniently start and grow businesses.”     According to Inuwa, the future of Nigeria is much more promising than today due to the four comparative advantages the nation has over other…

THE request by the Peoples Democratic Party to make use of the MKO Abiola International Stadium for the rally of its presidential candidate, Atiku Abubakar, has been turned down by the Ogun State government, through the Ministry of Youth and Sports. The PDP had made the request in a letter to the state Commissioner for Youth and Sports on January 3, 2023, ahead of the rally slated for January 19. In the letter signed by the state secretary, Sunday Solarin, the PDP recalled how an earlier request for the use of the stadium was not obliged by the state government.…

THE Central Bank of Nigeria injected N6.9 Trillion ($15.3bn) into the economy to stabilise the value of the naira from January to October, 2022. This was obtained in the banking sector regulator’s monthly and quarterly economic reports on foreign exchange market developments. The reports noted that $4.86bn, $4.81bn and $4.18bn were injected into the economy during the first, second and third quarters, respectively, while $1.46bn was injected in October. The CBN stated, “Total foreign exchange sales to authorised dealers by the bank, at $4.86bn, decreased by 5.8 per cent, compared with the previous quarter’s level. “Disaggregation shows that foreign exchange…

THE Social Democratic Party has reiterated that the proposed alliance deal between the SDP and the presidential candidate of the All Progressives Congress, Asiwaju Bola Tinubu, is real and unstoppable. The SDP disclosed this through a statement on Monday in Abuja by its National Publicity Secretary, Alfa Muhammad, although, the factional SDP last week disowned an alliance deal between Tinubu and the party. The party’s spokesperson noted however, that “the much trumpeted Tinubu-SDP proposed alliance deal is real and unstoppable. It is a plan ‘B’ option conceived since year 2020 by the authentic leaders of the SDP, to make sure…

OPERATIVES of the Department of State Security (DSS) on Monday afternoon, invaded and laid siege on the embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele, who has been on leave, was earlier reported to have resumed work at his office in Abuja, on Monday, after his leave ended on Sunday, January 15. He was reported to have spent the first part of his leave in the US and was in the UK until Sunday evening from where he flew back to Nigeria and arrived at the Nnamdi Azikiwe International Airport, Abuja, on Monday morning. Sources at…

ASP Drambi Vandi, the policeman accused of killing Lagos-based lawyer Mrs. Omobolanle Raheem on Christmas Day last year, has pleaded not guilty to murder. Vandi was arraigned on Monday before a Lagos High Court at the Tafawa Balewa Square presided over by Justice Ibironke Harrison where a one-count charge of murder was preferred on him. The arraignment which was scheduled for 9 am was initially delayed by the absence of counsel to defend Vandi in court. When the case was called, the Lagos State Attorney-General and Commissioner for Justice, Mr. Moyo Onigbanjo, SAN, who is leading the prosecution told the…

THE Nigeria Centre for Disease Control and Prevention (NCDC) has confirmed 42 additional COVID-19 infections in the country in two weeks, with Lagos State recording 27 cases. The NCDC made this known via its official website on Sunday evening, adding that Edo, Kano, Nasarawa, Kaduna, Plateau and the Federal Capital Territory contributed the remaining figure. The health agency said that the new cases brought the country’s total of COVID-19 infections to 266,492. It said that the cases were recorded between Dec. 31, 2022 and Jan. 13. According to the report, the NCDC confirmed that the country recorded 29 new cases…

DISCUSSING News Point Nigeria’s story, titled: ‘If I Had Wanted Third Term, Nobody Can Stop Me – Obasanjo’, published on Friday, January 13th, TVC’s popular journalists’ talk show; Journalists’ Hangout led by ace TV journalist, Babajide Kolade-Otitoju has stated that the former President’s claim that he never wanted the Third Term in office as nothing but the height of revisionism. On the show, journalist Paul Dada in his reaction to the story said he is sure the former President did not believe what he was saying asking how he could be saying something to the contrary despite evidence that shows…

IN support of the upcoming 2023 Presidential elections, Google has unveiled a new portal, the Nigeria Elections Trends Hub, that will provide a platform for Nigerians to search and discover trending interests related to the presidential and vice presidential candidates, parties, and issues through the lens of Google Trends. The page, which can be accessed on the Google Trends website https://google/NigeriaElectionTrends, allows users to compare the search popularity of the presidential candidates and trending questions being asked about them. The portal features maps and graphs displaying the search interest for the candidates over a period of 30 days. This is…

VETERAN Nollywood actor, Femi Ogunrombi popularly known as Papa Ajasco, is dead. His death was confirmed by a theatre practitioner, Husseini Shaibu, via his Twitter handle on early Sunday. He wrote, “I have just been reliably informed that the ethnomusicologist, former Music Instructor with #NATIONALTROUPE and one time stand in for the ‘Papa Ajasco’ character on the popular #waleadenugaprod comic series ‘Papa Ajasco’ Mr. Femi Ogunrombi is dead. “I am told that the actor, singer, highlifist and trained nurse whom we fondly called ‘Uncle Ogurombo’ (not to his hearing though) passed on this evening (Saturday)”. Ogunrombi was popular for his…

FOR the second time in many months, the Araromi spare parts market in Ibadan, the Oyo State capital was in the early hours of Saturday gutted by fire, a source told News Point Nigeria, Saturday. According to the source, the market is one of the major markets in Ibadan, the Oyo State capital. News Point Nigeria gathered that, the fire incident, which started around 2am affected about Fifty-five (55) shops. Oyo State Fire Service has also confirmed the incident, General Manager of the State Fire Service, Rev. Canon Yemi Akinyinka, while confirming the incident To News Point Nigeria via a…

JUSTICE Inyang Ekwo of the Federal High Court, Abuja, has dismissed a suit by the Peoples Democratic Party (PDP), seeking the disqualification of Bola Tinubu and his vice, Mr. Kassim Shettima, for the 2023 general elections. Delivering judgment, Justice Ekwo, dismissed the suit on the ground that the PDP lacked locus standi to institute the suit. Justice Ekwo, who held that the case was caught by the principle of issue estoppel, described the suit as an abuse of the court process. In its originating summons, the PDP challenged the validity of Tinubu to contest for the 2023 presidential election as…

ANOTHER industrial action looms in Nigeria’s health sector as members of the National Association of Resident Doctors (NARD) have threatened to embark on a nationwide industrial action as the govenrment is ignoring their warning letter on the strike action. NARD President, Emeka Orji, in a telephone interview with News point Nigeria, said that the association does not desire to down its tools, knowing its implication for the health sector, but could be forced to do so as the government is yet to respond to their warning letter on the strike action. “If the government refused to reply our letter or…

FORMER President Olusegun Obasanjo says he’s “audacious enough” to secure a third term if he had wanted it before exiting power in 2007. For umpteenth time, he insisted that he was not interested in the tenure elongation. Besides, Obasanjo foreclosed plans to join the campaign train of the presidential candidate of the Labour Party (LP), Peter Obi, following his recent endorsement of Obi’s ambition. The former President, said this on Thursday, at a virtual engagement organised by Africa Leadership Group. The former president however refuted claims that he wanted a third term as President of the country. Obasanjo said that…

IN December 2022, Nigeria recorded her highest oil production since April 2022, the latest Platts survey by S&P Global Commodity Insights has revealed. The country’s oil production has been faced with oil theft that has hampered exports and resulted in significant oil spills and loss of millions of naira. However, the survey released on Wednesday showed that Nigeria’s volumes rebounded to the highest since April of 2022, producing 1.33 million b/d in December, contributing significantly to OPEC’s increased oil production in the period. OPEC and its allies increased crude oil production by 140,000 b/d as OPEC’s 13 countries pumped 28.98…

THE Central Bank of Nigeria CBN has called on traders and business communities in Kano to ensure that they meet the deadline of 31st January for changing their old naira notes to the new redesigned notes. The Director Currency Operations of the Apex Bank, Mr Ahmed Umar, made the call during a sensitization campaign for Traders at Dawanau International Grain Market Kano. Represented by Shamsuddeen Zubair, the director said the redesign of the naira note was aimed at addressing corruption, inflation as well as boosting the nations economy. The Director Currency operations cautioned traders to beware of fraudsters, saying some…

EXPLORING the opportunities in the energy sector offer possibilities for a more robust relationship between Nigeria and Spain, according to Vice President Yemi Osinbajo, SAN. Prof Osinbajo stated this today at the Presidential Villa when he received the Minister of Foreign Affairs of the Kingdom of Spain, Mr. José Manuel Albares, on a courtesy visit. According to the Vice President, “Spain has been a very good friend of Nigeria. Aside from the economic connections, it has been the largest importer of our gas and the third-largest importer of crude oil. “There is every good reason why we should consider that…

EBIRALAND Highest Monarch, Ohinoyi of Ebiraland land, HRH Ado Ibrahim has replied the Kogi State government’s query following his absence during President Muhammadu Buhari’s visit to the state on December 29, 2022. In his reply, HRH Ibrahim, who is the Atta Ebira, accuses the state governor, Gov Yahaya Bello of impersonating him with a ‘stranger’ and double-dealing, stating that he was never even invited to the grand ceremony. The traditional ruler, in a reply to a letter of query from the Commissioner for Local Government and Chieftaincy Affairs, dated January 5, 2023, titled “RE: LETTER OF QUERY”, with Ref number: MLCA/CH1/30/V1/8,…

EKITI State Governor, Mr Biodun Oyebanji has said, that the state is indebted to former Lagos State Governor and Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu and would pay back with massive votes during next month’s election. Governor Oyebanji who stated this during the inauguration of the 143-member APC State Presidential Campaign Council in Ado-Ekiti on Wednesday, described the former Lagos State Governor as the undisputable father of progressive politics in the country who should be well supported for the nation’s number job. Oyebanji who was joined at the inauguration ceremony by the immediate past…

THE Independent Campaign Council (ICC) working for election of the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu, and the re-election of Governor Babajide Sanwo-Olu in Lagos State has launched a data driven campaign strategy to ensure the success of the party in the State. The support group said it would leave no stone unturned in galvanising and mobilising the electorate at the grassroots level in order to deliver five million votes promised the APC candidate in next month’s presidential election. At its inaugural meeting held in Alausa on Wednesday, the group’s Director General, Mr. Tayo Ayinde, charged…