Author: Vardiafrica

King Charles III has hosted President Bola Tinubu at the at Buckingham Palace in the United Kingdom (UK). Olusegun Dada, new media aide to the president, posted a photograph of both men exchanging pleasantries in a post on X on Thursday. The aide said continued diplomatic ties and partnership between Nigeria and the UK were discussed at the meeting. “President Bola Ahmed Tinubu visited His Majesty, King Charles at Buckingham Palace,” he said. “The significant meeting, highlighting the continued diplomatic ties and partnership between Nigeria and the United Kingdom.” Both men last met in November 2023 shortly before the 28th United Nations…

Innoson Vehicle Manufacturing Company (IVM) has unveiled its first locally produced electric vehicle. In a post on Facebook, the company’s Head of Communications and Corporate Affairs, Cornel Osigwe stated the electric vehicle was manufactured at the company’s production plant in Nnewi, Anambra state. He said, “I just test drove the first Innoson vehicle Electric vehicle produced in Nnewi. We are just starting.” Mr. Osigwe revealed that this marks the company’s first-ever production of an electric vehicle (EV). However, details regarding the pricing of the Innoson EV, number of units produced and the timeline for its commercial release were not disclosed.…

Armed bandits have blocked the ever-busy Gusau – Funtua highway, kidnapping unspecified number of travellers. Yusuf Tsafe, a commuter who is still stranded around the area told Channels Television that the bandits stormed the highway in the early hours of Thursday and mounted a roadblock around the Tazame axis of the road. According to him, the bandits in their large numbers with about 50 motorcycles, each carrying 3 persons, abducted an unspecified number of travellers “They entered the road around 7 am, and till around 9am, they were still there, we just parked by the roadside waiting for the military…

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the implementation of the proposed temporary zero-duty and levy on selected food imports will ease food inflation. The minister disclosed this to journalists after the pivotal meeting of the Nigeria Customs Service Board held in Abuja on Tuesday and chaired by the minister. According to him, measure is designed to alleviate the current food shortage and reduce soaring food prices, which have been a major contributor to inflation in the country. “We discussed how to collaborate effectively to make food more affordable and accessible in…

Rivers State Governor, Sir Siminalayi Fubara, has revealed more synergy between state governments and security agencies will help in winning the fight against crude oil theft in the country. Governor Fubara stated that against orchestrated sabotage by disgruntled elements to frustrate the fight initiated by his administration to tackle illegal bunkering in the State, formidable successes have been recorded, undoubtedly. The Governor expressed delight that the success will further be sustained, given the commendable interest shown by the Presidency that has constituted the Niger Delta Monitoring Team, and tasked with the mandate to curb oil theft and illegal refining of…

The Nigeria Labour Congress (NLC) says its President, Joe Ajaero, was not invited by Department of State Services (DSS) before being arrested. NLC spokesman, Benson Upah, disclosed this in a statement on Wednesday. “Our attention has been drawn to a story (circulating in different media platforms) linked to “sources within the agency (DSS)” that preceding his arrest, Comrade Joe Ajaero, President of the Nigeria Labour Congress was invited by the DSS but that he did not honour the invitation,” the statement read. The “sources” further added that it was the reason for his arrest at the airport on his way…

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday, September 6, 2024 met with Dr Alex Otti, Governor of Abia State, at the Government House, Umuahia.The meeting was on the request of the Abia State government for the participation of the NCDMB in the proposed Abia Innovation and Industrial Park (AIIP), Owaza, Abia State The AIIP, which covers 1995 hectares of land, is made of industrial, commercial, and residential areas.The project is expected to cost over USD 1.3 billion with the potential to create thousands of jobs.The AIIP also hopes to harness the abundant…

President Bola Tinubu has said that the removal of petrol subsidy in May 2023 was designed to free up resources for investment in critical infrastructure The President spoke on Tuesday when he declared open the 17th Annual Chartered Institute of Bankers of Nigeria (CIBN) Banking and Finance Conference held in Abuja. “Though painful in the short term, the removal of fuel subsidies is designed to free up budgetary resources for critical investments in infrastructure and social services, frequent adjustment of the monetary policy rate, a move aimed at curbing inflation and fostering a more market-oriented exchange rate system,” he said.…

Vice President Kashim Shettima has assured Nigerians that the administration of President Bola Tinubu will tackle the challenges of perennial flood in the country, saying that a comprehensive roadmap aimed at addressing the issue head-on has already been developed. The Vice President gave the assurance when he visited Maiduguri, the Borno State capital, on Tuesday, for an on-the-spot assessment of the ravaging floods that have displaced communities in the state. In a statement by his spokesman Stanley Nkwocha, Shettima, a former governor of Borno State, described the disaster as the most catastrophic flood in Maiduguri in over three decades. He…

Rwanda held Nigeria’s Super Eagles to a frustrating 0-0 draw during their second match of the 2025 Africa Cup of Nations qualifiers. The Eagles could not find the breakthrough despite being dominant in most part of the game, as the Rwandese team remained disciplined in the defence. With the 3-0 convincing win over Benin Republic on Saturday, expectations were high for the Nigerians to come out with victory and maintain 100 per cent record in the qualifiers. Only one change was made by coach Augustine Eguavoen from the last game, as Alex Iwobi made way for Fisayo Dele-Bashiru in the…