The Federal Executive Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk bond offer. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, made this known while briefing newsmen after the FEC meeting on Wednesday at the...
Offor Callistus
By EMMANUEL KUJE, Abuja – The Executive Secretary, Federal Capital Development Authority (FCDA), Mr Shehu Ahmed, has been suspended from office. Mr Lere Olayinka, the Senior Special Assistant on Public Communications and New Media to the FCT Minister, Nyesom Wike, announced the suspension in a statement in Abuja on...
Ondo State Governor, Lucky Aiyedatiwa has appealed to his supporters not to relax until his victory in the Saturday’s governorship election. Aiyedatiwa, who is the candidate of the All Progressives Congress (APC) in the election, stated this on Thursday in Akure during an interactive event organised by the Special...
Three gubernatorial candidates have withdrawn from the Saturday’s election, in Ondo State after endorsing Gov. Lucky Aiyedatiwa, the candidate of the All Progressives Congress (APC). The candidates made the disclosure during a solidarity visit to Aiyedatiwa by Dr Ajibola Falaye, the candidate of the Accord Party, who spoke on...
The Nigerian Army on Thursday held a Service of Songs in honour of the late Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja, who passed on after a brief illness on Nov. 5. The service of songs marked the commencement of the burial rites for the late COAS whose...
The Transmission Company of Nigeria (TCN), said it has successfully energised the Ugwuaji – Apir 330 Kilo Volt (kV) transmission Line. TCN’S General Manager Public Affairs, Mrs Ndidi Mbah, said this in a statement in Abuja on Thursday.. Mbah said that TCN completed the repairs and stringing of the...
Victor Osimhen’s late effort for the Super Eagles against Benin Republic on Thursday ensured that Nigeria qualified for the 2025 Africa Cup of Nations (AFCON) in Morocco as Group winners. The News Agency of Nigeria (NAN) reports that this was after Mohamed Tijani opened scoring for the Cheetahs in...
The Federal Executive Council has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Thursday while briefing State House correspondents after the FEC meeting presided over by President Bola Tinubu. This was part...
Subscribers to pay TV services have berated MultiChoice Group for announcing that its Nigerian unit, MultiChoice Nigeria, lost 243,000 subscribers on its Digital Satellite Television (DStv) and GOtv services within six months. The News Agency of Nigeria (NAN) reports that the South African-owned pay-TV operator had, in its Interim...
By ANKELI EMMANUEL, Sokoto – Reports from locals in Sokoto State indicate that the new terrorists’ group known as ‘Lakurawa‘ has lowered its recruitment incentive to either a cow or N500,000 per individual. This move is likely a response to the economic hardship faced by the community, with many...
A former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Obiorah, on Thursday said the board of the apex bank never recommended the 2022 Naira redesign to former President Muhammadu Buhari. Obiorah said this while testifying virtually before the FCT High Court at the resumed hearing in...
The ECOWAS Court of Justice on Thursday dismissed a suit filed by Socio-Economic Rights and Accountability Project (SERAP), seeking N50 million compensation from Nigeria for each Abuja-Kaduna train attack victim. The News Agency of Nigeria ((NAN) reports that terrorists had in March, 2022, bombed an Abuja-Kaduna rail line near...
The Acting National Chairman of the Peoples Democracy Party( PDP), Alhaji Umar Damangum, has urged the party supporters in Ondo State not to yield to intimidation during the Saturday’s governorship election. Damangum made the call during the final campaign rally for the party’s governorship candidate, Mr Agboola Ajayi, on...
The Defence Headquarters says it had deployed troops to provide assistance to the police in ensuring a hitch free off-cycle Ondo Governorship Election slated for Nov. 16. The Director, Defence Media Operations, Maj.-Gen. Edward Buba, made this known in a statement on Thursday in Abuja. Buba said the presence...
An Ikeja High Court on Thursday reserved Jan. 23, to hear the alleged defamation suit filed against the controversial online activist, Vincent Otse, popularly called Very Dark Man (VDM). VDM is facing a defamatory suit filed against him by Mr Femi Falana (SAN), and his son, Folarin, also called...
The Economic and Financial Crimes Commission (EFCC) on Thursday brought a Chinese, Zhengjia Jin, before an Ikeja Special Offences Court, for alleged bribery and N301 million fraud. Jin, was arraigned on a four-count charge bordering on retention of stolen property, bribery and stealing. The EFCC counsel, Mr Ahmad Usman,...
The World Health Organisation (WHO) has announced that the number of adults living with diabetes worldwide has surpassed 830 million, more than quadrupling since 1990. The organisation made this known on Thursday in a statement as the world celebrates World Diabetes Day with theme ” Breaking Barriers, Bridging Gaps”....
A youth group in the All Progressives Congress (APC) has lauded the Nigerian National Petroleum Corporation Ltd (NNPCL) and major oil marketers for resolving to lift and distribute fuel from the Dangote refinery. The group also called on the Chief Executive Officer of the NNPCL, Malam Mele Kyari, to...
The Attorney-General of the Federation (AGF), Mr Lateef Fagbemi, SAN, has said since the Supreme Court judgment on the local government autonomy, the Federal Government has been trying to ensure its implementation with required human and pragmatic solutions. Fagbemi, who is also the Minister of Justice, stated this on...