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Tinubu’s government has not borrowed from CBN — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said yesterday that the Federal Government would pin down Ways and Means to deal with the problem of too much liquidity in the system…
Bayer Leverkusen qualify for Europa League semis after edging West Ham
Newly-crowned Bundesliga champions Bayer Leverkusen reached the Europa League semi-finals on Thursday and stretched their undefeated run in all competitions this season to 44 matches. The German side drew 1-1 at West…
Agitation for Yoruba Nation laughable — DHQ
….As Oyo govt justifies demolition of Abiola-Onitiri’s residence THE Defence Headquarters, DHQ, yesterday, described as laughable recent agitation for Yoruba Nation by some elements in the South West. The DHQ also…
Shadow of naira redesign fades as mobile payments surge
“Since the naira redesign policy, I can now pay the person that helps with my shoe with transfers,” Kaliba Bilala, founder of Tanabit, a financial data analytics company, said while discussing the impact of the Central…
Nigeria issues N8trn in treasury bills to bolster economy – Edun
Wale Edun, Nigeria’s minister of finance and coordinating minister of the economy, on Thursday said the fiscal authority is complementing the efforts of the Central Bank towards ensuring the stability of the economy…
Tunde Onakoya’s world record attempt raises over $33,000 in 24 hours
Tunde Onakoya, a Nigerian chess master and founder of Chess in Slums Africa has exceeded 24 hours in his attempt to break the world record for the longest chess marathon. Onakoya has been playing chess with New…
Marshall attributes naira gain to CBN clearance of FX backlog
A foreign investor at TLG Capitals, Isaac Marshall, has attributed the naira gain to the decision of the Central Bank of Nigeria (CBN) to clear the FX backlog. Nigeria’s foreign exchange (FX) reserves have fallen to a…
Kano APC accuses presidency of sabotaging Ganduje as ex-governor gets reprieve
Spokesperson for the All Progressives Congress (APC) in Kano State, Ahmad Aruwa, has accused the presidency of working against the party’s suspended National Chairman, Dr. Abdullahi Umar Ganduje. The allegation was…
Google sacks 28 workers protesting contract with Israel
Google fired 28 employees following a disruptive sit-down protest over the tech giant’s contract with the Israeli government, a Google spokesperson said Thursday. The Tuesday demonstration was organised by the group…
Kenyan president mourns as helicopter crash kills defence chief, others
A military helicopter in Kenya carrying high-ranking officials, including the defence chief, crashed on Thursday, resulting in fatalities, according to police reports. President William Ruto immediately called for an…
Israeli missiles hit site in Iran
Two U.S. officials confirm to CBS News that an Israeli missile has hit Iran. The strike follows last weekend's retaliatory drone and missile attack against Israel,…
Reps Reject Increase In Electricity Tariff
The House of Representatives Committee on Power has rejected the recent increase in electricity tariff by the Nigeria Electricity and Regulatory Commission (NERC) and…
NELFUND says NIN, BVN mandatory for student loans, targets 1.2 million beneficiaries
The Nigerian Education Loan Fund (NELFUND) has said that Nigerian students will need to present their National Identification Number (NIN) and Bank Verification Number (BVN) to access student loans. In addition to…
Ajaokuta Steel Complex outlives 16 presidents in its moribund state
Like the proverbial cat with nine lives, the story of the moribund Ajaokuta Steel Company Limited is the story of abandonment and neglect of Nigeria’s greatest investment. This is an expository on how the monument…
N80bn money laundering: FG places Yahaya Bello on watchlist
The Federal Government on Thursday put the immediate past Governor of Kogi State, Yahaya Bello, on its watchlist to prevent him from escaping from the country. The Nigerian Immigration Service, in a circular dated…
FG needs N3.2trn subsidy to reverse electricity tariff hike – NERC
The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike in electricity tariff, the Chairman of the Nigeria Electricity Regulatory Commission, Sanusi Garba said in…
Dangote refinery ramps up production with US crude – Report
The 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for as much as a third of its feedstock as it starts up production. A report by Bloomberg on…
Lagos-Calabar Highway: FG panel to pay compensation in 10 days
The Federal Government on Thursday inaugurated a compensation verification committee saddled with the responsibility of reviewing, evaluating and compensating landowners affected by the construction of the N15tn…
Bobrisky didn’t commit capital offence, still in Ikoyi prison – Officials
The Nigeria Correctional Service has refuted claims that controversial cross-dresser, Idris Okuneye aka Bobrisky, who was handed a six-month prison sentence over abuse of the naira notes, was moved from the Ikoyi…
N7.3tn remitted to Federation Account in six months – RMAFC
The Revenue Mobilization Allocation and Fiscal Commission has disclosed that a total sum of N7.3tn accrued into the Federation Account between July and December 2023, indicating an increased revenue inflow. It said the…
IG withdraws policemen attached to Yahaya Bello
The Inspector General of Police, Olukayode Egbetokun, has withdrawn all police officers attached to the embattled former Governor of Kogi State, Yahaya Bello. The order for the withdrawal was contained in a police…
Original Lagos-Calabar Highway route via Water Corporation Road remains unused, available for…
The management of Landmark Beach Resort has stated that the original right of way designated for the Lagos-Calabar Coastal Highway, which passes through the Water Corporation Road median, remains unused, undeveloped,…
German-American billionaire declared dead in 2021 found living with mistress in Russia
An investigation has claimed that a German-American billionaire, who disappeared under mysterious circumstances near Switzerland’s iconic Matterhorn peak six years ago, is suspected to be residing in Moscow with a…
BREAKING: Submit yourself for probe, FG tells Ex-Kogi governor, Yahaya Bello
The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, has called on the immediate-past governor of Kogi State, Alhaji Yahaya Bello, to submit himself for probe. Bello is being…