DHQ: GPS-Guided Strikes Hit ISIS Staging Sites in Sokoto

DHQ: GPS-Guided Strikes Hit ISIS Staging Sites in Sokoto

By Zainab Uzomah Nigeria’s Defence Headquarters (DHQ) says intelligence has confirmed that two locations struck during a Nigeria–United States joint air operation on Christmas Eve were being used by foreign ISIS operatives entering the country from the Sahel. Speaking at an end-of-year briefing in Abuja on Wednesday, the Director of Defence Media Operations, Major General Michael Onoja, said the sites in Bauni Forest, Tangaza Local Government Area of Sokoto State, […]

January 2, 2026 12

BUSINESS

Public debt stock may hit N130tn by Dec – Report

Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio. This was revealed in a report by Afrinvest, an investment management company, titled, ‘Bank Recapitalisation, Catalyst for a $1tn Economy, ‘ unveiled in Abuja recently. Nigeria’s public debt stock, which includes external and domestic debt, stood at N121.67tn in the first quarter of 2024, up from N97.34tn in the fourth […]

August 5, 2024 67

NEWS

Burna Boy emerges first African artiste to hit two billion streams in UK

Grammy Award winner, Burna Boy, has become the first African artiste to hit the two billion streams mark in the United Kingdom. The “Twice as Tall” crooner was presented with a Brit Plaque at his sold-out show at Koko Camden in London on Monday night, in recognition of the feat. This milestone came barely a few weeks after he was presented with a Brit 1 billion streams plaque at his […]

July 17, 2024 24

BUSINESS

Discos make N1tn amid grid crisis, unmetered customers hit 5.8m

Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or 28.2 per cent from the N831bn generated by the power firms over a similar period in 2022. This latest data was disclosed in the electricity report released by the National Bureau of Statistics […]

April 2, 2024 57

BUSINESS

Dangote refinery: Diesel, JetA1 hit market January, petrol delayed

The Dangote Petroleum Refinery is set to start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024, while the production of Premium Motor Spirit, popularly called petrol, is being delayed by the supply of crude oil in installments. It was gathered on Sunday that the facility would require a minimum of six million barrels of crude oil to kick-start the full production of […]

December 11, 2023 90

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