Buhari seeks Senate’s approval for $4bn, Euro 710m external loans

President Muhammadu Buhari has approached the Senate seeking approval for a fresh loan of $4,054,476, 863.00, Euro 710million and a grant of $125million to finance critical projects in the 2021 budget. His request was contained in a letter, dated 24th August, 2021, which was read by Senate President Ahmad Lawan at plenary following the resumption […]

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Nigeria set to join New York, London, Singapore as international financial hub

Nigeria is set to join a very small elite group of countries operating an international financial hub. The international financial centre will take in September 2022 when the Central Bank of Nigeria will establish The Nigerian International Financial Centre (NIFC). Central Bank of Nigeria(CBN) Governor Godwin Emefiele disclosed this in Abuja on Tuesday at the […]

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Deaths, tears, sorrow as flood ravages Abuja estate

Residents of the Trademore Estate, Lugbe, Abuja are still counting their losses following a fierce flood disaster that ravaged the estate on Sunday night. The estate, located along Airport road in the FCT, was enmeshed in flood after a heavy rain in the late hours of Sunday and early Monday. Several houses and vehicles were […]

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Striking doctors disown NMA’s meeting with Buhari

Nigeria Medical Association (NMA) Vice-President 1, Prof. Rasaq Ayodele Adebayo; NMA Secretary General, Dr. Philip Ekpe; Minister of Labour and Employment, Senator Chris Ngige; NMA Vice-President 2, Dr. Daiyabu Alhaji Ibrahim; and NMA National Publicity Secretary, Dr. Aniekeme Uwah, after a meeting with the minister in his office in Abuja The Nigerian Association of Resident […]

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Sit-at-home in South East as residents defy governors

• Sit-at-home continues today to commemorate Nnamdi Kanu’s home invasion • Gunmen invade Imo school, chase away students writing WAEC exams • Obiano leads protest against IPOB, visits markets, banks Four days after President Muhammadu Buhari visited Imo State, in what many believe to be the Presidency’s outreach to the Southeast; and despite directives by […]

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As renewed calls for self-defence to curb insecurity get louder

Katsina State Governor, Aminu Bello Masari recently called on residents of the state to defend themselves, following massive cases of abductions and killings by terrorists. It was a clear call on citizens to take up arms and fight back the rampaging bandits. He was not alone. Other prominent citizens had previously made similar call. The […]

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Involve us in further meetings with NMA, striking doctors tell Buhari as Falana leads legal team to court Wednesday

Striking members of the Nigerian Association of Resident Doctors have called on President Muhammadu Buhari to involve them in subsequent meetings with the Nigerian Medical Association. This was as the association added that human rights lawyer, Femi Falana (SAN), would be leading the NARD legal team to the National Industrial Court on Wednesday. The association’s […]

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Bandits dislodged by military onslaught in Zamfara flee southwards, gunmen strike in Kogi, Kaduna, Ekiti

Amotekun Corps There were strong indications on Monday that bandits fleeing the military onslaught in Zamfara State were moving to states in the South. Top security sources, who spoke in confidence, said security agents in other states had been alerted to be on the lookout for the fleeing bandits. Meanwhile it was also gathered that […]

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Sex worker slits Lagos trader’s stomach with blade, victim dies

A trader, Sunday Emmanuel, has died after a suspected sex worker, identified as Precious, allegedly slit his stomach with a blade at FESTAC Town in the Amuwo-Odofin Local Government Area of Lagos State. It was gathered that Emmanuel had a makeshift shop on First Avenue, where he sold alcoholic drinks. During a visit to the […]

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Uncertainty trails Nigeria’s oil production despite OPEC projection

Nigeria’s capacity to improve its crude oil production despite a higher price regime, remains undermined by deteriorating production capacity and technical disruptions, even as the Organisation of Petroleum Exporting Countries (OPEC) adjusts global demand potential. OPEC’s latest Monthly Oil Market Report (MOMR), published yesterday, showed that Nigeria pumped 1.27 million barrels per day (mbpd) last […]

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