It’s no longer business as usual in Nigeria, Tinubu rallies investors

Bola Ahmed Tinubu Photo: Twitter World leaders call for reforms in global financial system President Bola Tinubu, yesterday, in Paris, France, said ongoing reforms, starting with the removal of fuel subsidy and streamlining of the exchange rate, will be sustained for a more competitive economy that attracts Foreign Direct Investment (FDI), urging investors to take […]

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Flood of fury: No respite for Bayelsa, Kogi, Rivers, 30 others ahead of another cloudburst

Devastating floods last year ravaged several communities in 33 states nationwide. Official records estimated 665 fatalities, over two million persons displaced, and valuables in excess of $6.68 billion lost to the natural disaster. About a year after and the outset of a more severe rainfall this year, nothing has changed across the flood-prone communities. Despite […]

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Tinubu, world leaders sign pact that prioritises poor countries for support

President Bola Tinubu on Friday joined other world leaders for the closing ceremony of the New Global Financing Pact summit in France. At the event, he and other world leaders reviewed and signed a New Global Financial Pact that places vulnerable countries on a priority list for support and investment, following the devastating impact of […]

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With only six airline occupants, $100m MMIA terminal still underutilised

MMIA new terminal interior About 15 months after its official opening, the new terminal at the Murtala Muhammed International Airport (MMIA) is still largely deserted. As at the last check by The Guardian, only six airlines – all African carriers – currently occupy the edifice built at the estimated cost of $100 million. For the […]

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Again, NNPC fails to remit as federation shares N786b for May

• Tinubu sets up committee to resolve NNPC, FAAC row over remittances • Stay away from borrowing more, DMO warns FG The Federation Account Allocation Committee (FAAC) at its meeting, yesterday, shared N786.161 billion between the three tiers of government as federation allocation for the month of May 2023. In a statement by the Director, […]

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Anthrax is deadly, avoid ponmo, bushmeat

NIGERIANS, much endeared to eating cowhides (ponmo in local parlance) and bushmeat, should take the latest official health advisory on the deadly anthrax disease with the utmost seriousness. In an ominous alert, the Federal Ministry of Agriculture and Rural Development warned that following an outbreak of anthrax in some neighbouring West African countries, Nigerians should […]

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Scholars should not be relegated for moneybags – LASU best student

Lagos State University’s best-graduating student, Aminat Yusuf, who made a 5.00 Cumulative Grade Point Average in this interview with Grace Edema attributes her success to the discipline and guidance of her journalist father. How do you feel about becoming the best student in the history of LASU? First and foremost, it is an honour to […]

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Terrorists planning attacks on religious, fun centres, DSS warns

The Department of State Services has raised the alarm of planned attacks on worship and recreational centres before and during Eid Kabir celebrations. According to the agency, the recovery of Improvised Explosive Devices from terrorists in joint operations by the service, personnel of the Nigerian Army and Police lent credence to the planned attack. In […]

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Labour, Discos on collision course over electricity tariff hike

The Nigeria Labour Congress, power distribution companies, and the Nigerian Electricity Regulatory Commission are heading for a collision course over the planned hike in the tariffs payable by electricity consumers nationwide. Although power distribution companies and the NERC have not officially confirmed the planned increase, the Multi-Year Tariff Order of the regulator, which explains tariff […]

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