CBN Governor Yemi Cardoso Overshoots 2024 deficit target by 31% Deficit spending by the Federal Government rose by 28 per cent, Year-On-Year, YoY to N12.1 trillion in the first ten months of 2024, from N9.8 trillion recorded in the same period of 2023. Thus, the Federal Government, in the first ten months, surpassed its Budget […]
Continue Reading
By Abdu Rafiu Every New Year is seen as the closing of an old chapter and an opportunity for a new beginning. A great many long for a turning around in their fortune and those with health challenges are filled with hope for a new season. To reinforce their prayerful thoughts with those of others […]
Continue Reading
The National Agency for Food and Drugs Administration and Control (NAFDAC) has raised the alarm that a suspected counterfeit batch of a supposed cancer drug Phesgo 600mg/600mg/10ml injection, labelled with batch number C5290S20, is in circulation. In a statement shared on its official X handle on Thursday. the agency said the counterfeit product was flagged […]
Continue Reading
By Tunde Odesola The good, the bad and the ugly incidents that fetishised the ‘Ember’ months, notwithstanding, the year 2024 rolled off Earth’s cliff two days ago, plunging into the domain of history. For most Nigerians, 2024 was a plummet down the valley of penury, like the restless Jabulani ball, scissors-kicked over the bar by […]
Continue Reading
Ondo State Governor Lucky Aiyedatiwa begins public hearing Jan 6 Ondo State Government will on Monday next week begin a special public hearing on submitted chieftaincy declarations for all traditional stools in the state and petitions arising therefrom. Already, as confirmed by the commissioner for Local Government and Chieftaincy Affairs, Alhaji Amidu Takuro, government has […]
Continue Reading
With or without a crystal ball, economic forecasts are as tricky as ‘stargazing’ prophesies. On one hand, it is prone to unpredictable factors; on the other, it is largely influenced by unusual variables. Still, experts’ projections can be a helpful exercise in looking at the trends weaved around already-formed factors such as foreign exchange, inflation […]
Continue Reading
NNPCL invites ex-President Former President Olusegun Obasanjo has revealed new details about Nigeria’s refineries’ woes, recounting failed efforts to privatise the plants and the subsequent alleged financial losses of about $2bn by the facilities under government management. Obasanjo disclosed this on Thursday as the Nigerian National Petroleum Company Limited beckoned the ex-President to visit the […]
Continue Reading
Nigerian telecommunications companies have proposed a 100 per cent increase in their tariffs, pending approval from the government. The proposal, which has been submitted to the Nigerian Communications Commission, aims to address rising operational costs, including inflation and increased service delivery expenses. The disclosure was made by the Chief Executive Officer, MTN Nigeria, Karl Toriola, […]
Continue Reading
Rivers State Governor, Siminalayi Fubara, on Thursday, justified his decision to present the 2025 budget to three lawmakers, asserting that the 27 members of the State House of Assembly who defected from the Peoples Democratic Party to the All Progressives Congress had permanently lost their seats. According to him, there is no remedy or opportunity […]
Continue Reading
By Abimbola Adelakun It has now become something of a yearly tradition that someone would share a video of hundreds, or perhaps even thousands, of beggars lined up on one of the priciest real estates in Nigeria—Bourdillon Road, Ikoyi, Lagos. Already always striking in Nigeria, the paradox of poverty and prosperity jars your eyes. These […]
Continue Reading
