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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 […]

todayAugust 5, 2024 13

NEWS

I’m young enough to become gov in future — Shaibu

Reinstated Deputy Governor of Edo State, Philip Shaibu, said he has put his governorship ambition on hold to back the candidate of the All Progressives Congress, Senator Monday Okpebholo, to win the September 21 governorship election in the state. Shaibu, who accused Governor Godwin Obaseki of frustrating his governorship ambition, said he would try again in the future because he had age on his side. According to a video clip […]

todayJuly 29, 2024 7 1

NEWS

Only NNPCL can buy Dangote petrol – IPMAN

No oil marketer is going to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery and sell at the prevalent pump prices at filling stations in Nigeria except the Nigerian National Petroleum Company Limited, operators in the downstream oil sector have declared. On July 15, 2024, The PUNCH reported that the President of Dangote Industries Limited, Alhaji Aliko Dangote, announced that the $20bn refinery was set to […]

todayJuly 29, 2024 9

NEWS

Ignore viral video on eviction ultimatum to herders in Igboho – Oyo police

The police in Oyo have advised citizens to ignore a viral video by suspected separatist groups which surfaced on social media issuing eviction ultimatums to herders in the Igboho area of the state. The Police Public Relations Officer in the state, SP Adewale Osifeso, made the call in a statement Wednesday in Ibadan. Osifeso said that the video which surfaced online in the early hours of Tuesday was specifically designed […]

todayJuly 17, 2024 17

POLITICS

BREAKING: Pro-Fubara, Wike lawmakers hold parallel sittings today

There is palpable tension in Rivers as the two factions of the State House of Assembly will have parallel sittings this morning. On Sunday night the Victor Oko-Jumbo-led House loyal to the State Governor, Siminalayi Fubara had in a letter by the Clerk, Dr G. M Gillis-West, invited a new commissioner-nominee, Emmanuel Frank-Fubara, to appear before it on Monday for screening and confirmation as a member box the State Executive […]

todayJuly 8, 2024 13

NEWS

1.8bn adults risk heart attacks, diabetes for not exercising – Study

New findings showed that nearly 1.8 billion people did not meet the recommended physical activity levels in 2022. The study was undertaken by researchers from the World Health Organisation and academic colleagues and published in The Lancet Global Health journal. The findings released on Wednesday point to a worrying trend of physical inactivity among adults, which has increased by about five per cent between 2010 and 2022. The researchers warn […]

todayJune 26, 2024 12

POLITICS

FG’ll convert Zaria Hotels to classrooms, hostels for aviation college – Keyamo

The Federal Government is to convert Zaria Hotels in Kaduna State to classrooms and hostels for the Nigerian College of Aviation Technology, Zaria, Aviation Minister, Festus Keyamo, has said. Keyamo told newsmen in Zaria on Wednesday that the Zaria Hotels had been acquired as an annexure to the NCAT to widen its growth potential. He spoke shortly after a familiarisation tour of the institution. Keyamo said that NCAT remained the […]

todayJune 20, 2024 10

NEWS

How I survived death at Ebonyi building collapse – Labourer

A labourer, Nkwegu Shadrach, has narrated why he was not affected by the building collapse that occurred on Tuesday evening in the  Abakaliki metropolis of Ebonyi State. The three-storey building located within the premises of the Alex Ekwueme  Federal University Teaching Hospital Abakaliki I, Ebonyi State,  collapsed when some construction workers were working inside it. The building, which collapsed to the foundation level, is owned by the member representing Afikpo […]

todayJune 20, 2024 18

NEWS

Democracy Day: Nigeria’s unity can’t be traded – Tinubu

President Bola Tinubu has emphasised that the unity of Nigeria can not be traded. Tinubu, speaking at the  Presidential Democracy Day Dinner on Wednesday at the Banquet Hall in the State House, Abuja, pledged to bring Nigeria back to its glory of harvesting. He described Nigeria’s diversity as unending and stated that it is the best path to success. “Nigeria is a great country. We enshrined in our national anthem […]

todayJune 13, 2024 11

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