Nigeria’s total public debt climbed to N142.3 trillion as of September 30, 2024, marking a 5.97 percent increase from N134.3 trillion in June 2024, according to the Debt Management Office (DMO). This surge underscores the country’s growing reliance on borrowing…
The Federal Government has disbursed N22 billion for the payment of pension accrued rights to employees who retired from October 2023 to January 2024. This latest release raises the total amount allocated from the 2024 Appropriation for accrued rights settlement…
The Nigerian military has intensified its crackdown on notorious terrorist Bello Turji, killing his second-in-command, Aminu Kanawa, alongside several key commanders and fighters in coordinated operations in Sokoto and Zamfara States. The military, in a statement on Wednesday, revealed that…
Beatrice Ekweremadu, wife of Nigeria’s former Deputy Senate President Ike Ekweremadu, has been released from a United Kingdom prison and is now back in the country. A former aide to Mr. Ekweremadu, who confirmed the development on Wednesday, disclosed that…
Jannik Sinner powered into the Australian Open semi-finals with a commanding straight-sets win over Alex De Minaur on Wednesday. The defending champion eased past the home favorite 6-3, 6-2, 6-1 on Rod Laver Arena, showing no signs of the illness…
The Nigerian Labour Congress has called for the resignation of the Minister of Power, Adebayo Adelabu and other Ministry of Power officials over the frequent collapse of the national power grid. In a statement late Tuesday night by the NLC…
The Federal Government has congratulated Donald Trump following his inauguration as the 47th President of the United States of America. A statement signed by the Acting Spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa on Tuesday, said Nigeria and…
The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed plans by the Federal Government to establish an aircraft manufacturing firm in Nigeria. The facility is a collaboration between XeJet and indigenous banks, aiming to transform Nigeria into a…
The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down a warehouse in Kaduna for stocking expired food and cosmetic products worth over N75 million. NAFDAC explained that the feat was achieved following information gathered from…
The Federal Government has introduced the National Health Programs for youths across all 774 local government areas in Nigeria. A statement by the president’s spokesperson, Bayo Onanuga on Monday, also called for applications from persons aged between 25 and 35.…
The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Norman Didam over alleged corrupt practices. The 30-month debarment bars Viva Atlantic Limited,…
President Bola Ahmed Tinubu assured Ogoni leaders on Tuesday in Abuja that his administration would prioritise peace, justice, and sustainable development in the area. At a meeting at the State House in Abuja, President Tinubu passionately called for unity and…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise…
Lagos State experienced a big boost in revenue during the festive season and generated $71.6 from the end-of-year activities better known as “Detty December”. Idris Aregbe, the Special Adviser to Governor Babajide Sanwo-Olu on Tourism, Arts, and Culture, said this…
US President Donald Trump vowed to embrace trade wars Monday, promising tariffs and taxes on other countries in a nationalistic inaugural address after being sworn in as the 47th president. “I will immediately begin the overhaul of our trade system…