Senate ready to Approve $2.2bn Tinubu’s Loan Request
The Nigerian Senate is poised to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) loan request today. The loan is part of the external borrowing plan to fund the N28.7 trillion 2024 budget and address a N9.7 trillion deficit. Senate President Godswill Akpabio tasked the Committee on Local and Foreign Debts with reviewing the […]
NNPC Explains Port Harcourt Refinery Delay
The Nigerian National Petroleum Commission (NNPC) has cited unforeseen challenges as the reason for the delayed completion of the Port Harcourt Refinery, which missed its September 2024 deadline. NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, explained on Monday that the project, being a complex brownfield rehabilitation, encountered risks during commissioning. While mechanical completion was achieved […]
Cubana Chief Priest Backs Okorocha’s Call for Nnamdi Kanu’s Release
Businessman and socialite Pascal Okechukwu, also known as Cubana Chief Priest, has joined former Imo State Governor Rochas Okorocha in calling for the release of Nnamdi Kanu, the detained leader of the Indigenous People of Biafra (IPOB). In an Instagram post on Tuesday, Cubana Chief Priest shared a video of Okorocha’s tribute to the late […]
Lookman, Nwabali Make Final Shortlist for CAF Awards; Ekong Out
Super Eagles forward Ademola Lookman and goalkeeper Stanley Nwabali have been named in the final five-man shortlist for the 2024 CAF Player of the Year and Goalkeeper of the Year awards, respectively. However, defender William Troost-Ekong, despite his standout performances at AFCON 2023, failed to make the cut. CAF announced the top five nominees across […]
Nigeria Ranks 7th Globally for Students in the US
Nigeria has reinforced its status as a leading source of international students in the United States, ranking first in Africa and seventh globally, according to the 2024 Open Doors Report on International Education Exchange. The US Embassy revealed in a statement on Tuesday that 20,029 Nigerian students enrolled in US colleges and universities for the […]
Wike Approves N70,000 Minimum Wage for FCT Staff
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the immediate implementation of the new N70,000 minimum wage for all staff under the Federal Capital Territory Administration (FCTA). This development was confirmed in a statement signed by Anthony Odeh, Press Secretary to the Head of the Civil Service of the FCT, and […]
Minimum Wage: Nigerian Govt to spend N6.5tn – MTEF
The Nigerian Federal Government has revealed plans for a significant 60% increase in personnel costs for 2025, driven by the implementation of the new N70,000 minimum wage approved in July 2024. This move will raise the expenditure from N4.1 trillion in 2024 to an estimated N6.56 trillion, according to the 2025-2027 Medium Term Expenditure Framework […]
Diabetes Cases in Africa Could Hit 54M by 2045 – WHO Warns
The World Health Organisation (WHO) Regional Director for Africa, Dr. Matshidiso Moeti, warned on Thursday that the number of people living with diabetes in Africa is expected to reach 54 million by 2045, marking the highest increase globally if urgent action is not taken. In her message for World Diabetes Day, themed “Breaking Barriers, Bridging […]
King Charles celebrates 76th Birthday Amid Health Challenges
King Charles III, who turns 76 on Thursday, is still undergoing cancer treatment, but his commitment to royal duties remains strong despite what his son Prince William called a “brutal” year. Charles paused his royal duties in February after being diagnosed with an undisclosed form of cancer, but resumed work in April. He and Queen […]
Edo State Governor Orders Freezing of State-Owned Bank Accounts
Governor Monday Okpebholo of Edo State has mandated the immediate freezing of all state-owned bank accounts. In a statement by his Chief Press Secretary, Fred Itua, on Thursday, the governor confirmed that the freeze would remain until further notice. The governor instructed commercial banks and heads of Ministries, Departments, and Agencies (MDAs) to comply with […]
