Nigeria’s public debt hits N49 trillion

The Debt Management Office (DMO) said the total public debt stock of Nigeria as of March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the external and domestic debts of the Federal Government, the 36 states, and the Federal Capital […]

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Three APC factions bicker over calls on Wike to join party

Bola Tinubu and Nyesom Wike Three factions of the All Progressives Congress (APC) in Rivers State are bickering over calls on former governor Nyesom Wike to defect to the party and lead the state chapter. While the faction led by Tony Okocha has publicly pleaded with Wike to join their fold and lead them, alleging […]

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Tinubu applauds AfDB’s $520m investments in agro industries

President Bola Ahmed Tinubu has welcomed the investment of $520 million in specialised agro-processing zones by the African Development Bank (AfDB), praising the leader of the multilateral institution, Dr. Adewunmi Adesina, for further opening up the economy for investments that provide job opportunities and reduce poverty. Receiving Adesina after the two-day summit on a new […]

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Crisis looms in Senate over alleged plot to destabilise minority caucus

Senate President, Godswill Akpabio (right) exchanging pleasantries with Governor Umo Eno, at the Victor Attah International Airport, in the outskirts of Uyo, during his inaugural visit to the state following his election as the President of the Senate …yesterday A group of opposition senators has accused the Presidency and the Senate leadership of plotting to […]

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‘Ignore lobbyists, prioritise merit in constituting new boards’

• ‘Boards must raise audit committees to prevent fraud’ • Stakeholders charge Tinubu on implementing Oronsanye’s report • ‘Public Corporations won’t deliver on mandates if appointments remain jobs for boys’ • President should set up committees to screen nominees, says Onyekpere As lobbying, consultations, and discussions intensify within the rank of the All Progressives Congress […]

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Fela’s son Femi Kuti says ‘I was bullied, depressed because of my father’

Grammy-nominated musician, Femi Kuti, has recalled that schooling was “depressing” for him for being the son of the late Afrobeats legend, Fela Anikulapo-Kuti. The multi-talented instrumentalist said some teachers and fellow students attempted to bully and shame him over his father’s excesses but he refused to be bullied. Femi made this known in an interview […]

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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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