More Loans, More Pains and The Season of Discontent

By Reuben Abati “I hear that the National Assembly has approved the external borrowing of a $2.2 billion for the Tinubu administration to address the fiscal deficit in the 2024 Budget” “Bros, I tire. I just tire. What on earth do they do with all these borrowings?” “There is actually a deficit of $9.17 billion […]

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Ondo vows to end gender-based violence

Ondo State Government has reaffirmed its commitment to protecting the rights of the girl-child and women across the state. The Special Adviser to the State Governor on Gender Matters, Chief (Mrs) Olamide Falana, made this pledge in a statement personally signed by her in commemoration of “The 16 Days of Activism Against Gender-Based Violence.” She […]

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Banks, others raise N2.7trn via rights, public issuance

The Securities and Exchange Commission (SEC) says more than N2.7 trillion has been raised in the capital market by banks and other companies. The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the 2024 Journalists Academy in Abuja on Monday, November 25, 2024. He said the figure, which included equity capital, excluded the amount […]

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Nigeria loses $1.1bn yearly to malaria, Health minister laments

Members of the Advisory on Malaria Elimination in Nigeria with the Coordinating Minister for Health & Social Welfare, Prof. Muhammad Pate; and the Minister of State for Health & Social Welfare, Dr Iziaq Salako The Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, has said the annual loss to Nigeria’s Gross Domestic Product […]

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Ebonyi governor suspends health, housing commissioners

Francis Nwifuru The Ebonyi State Governor, Francis Nwifuru, has suspended the state Commissioner for Health, Dr. Moses Ekuma and his Housing and Urban Development counterpart, Francis Ori. Our correspondent gathered they were suspended on Monday during the State Executive Council meeting in Abakaliki, the state capital. A statement issued by the Commissioner for Information and […]

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Keystone Bank rewards loyal customers in ‘Welcome Back’ promo

Cross-section of Keystone Bank staff with representatives of regulatory agencies at the event in Lagos recently Keystone Bank, a leading financial institution in Nigeria, has rewarded its loyal customers through its “Welcome Back Campaign Promo,” an initiative designed to re-engage dormant and inactive account holders. The draw, which took place on the 20th of November […]

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Over 100 companies to participate in Abuja China-Africa Trade expo

The organisers of the China-Africa Economic and Trade Expo have announced details for the upcoming event, scheduled to take place in Abuja from November 28 to November 30, 2024. The trade expo will not only showcase a broad range of products but will also place significant emphasis on Chinese engineering technology. According to a statement […]

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Nigeria’s GDP rises by 3.46% in Q3 2024

The National Bureau of Statistics (NBS) has announced that Nigeria’s economy recorded a 3.46 per cent year-on-year growth in Gross Domestic Product (GDP) in the third quarter of 2024. The NBS announced this in its latest GDP report released on Monday, November 25, 2024, The bureau noted that the growth represented an improvement over the […]

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Sanwo-Olu suspends media aide for saying #EndSARS arsonists executed

Lagos State Governor Babajide Sanwo-Olu has suspended his senior special assistant on print media, Wale Ajetunmobi, for his remark about the perpetrators of the arson on Television Continental (TVC) during the #EndSARS protest in 2020. A report by QEDNG quoted Mr Ajetunmobi to have said, in a post on X, that the majority of the […]

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