Presidency Releases Details About Nigeria’s Debts Under Tinubu

The presidency has given more details about Nigeria’s debt condition under the administration of President Bola Tinubu. It explained that, contrary to some reports that Nigeria’s debt stock increased, it decreased by 15% in dollar terms in Q1 2024. It added that the government is able and committed to repaying its debt. The explanation was […]

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Treasonable felony allegation against me baseless – Ajaero

The President of Nigeria Labour Congress, NLC, Joe Ajaero has described the treasonable felony and other allegations against him, his invitation and interrogation by the police as a distraction, and baseless. He spoke as details of his interrogation yesterday by the police over alleged criminal conspiracy, terrorism financing, treasonable felony, subversion, and cybercrime by the […]

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Oil giant Shell to cut hundreds of jobs as part of cost-cutting program

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with the matter said Friday. The cuts will affect two units specialising in exploration and development of hydrocarbon extraction projects, with their workforces set to be […]

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Lagos turns to waterways for green transport solution

Passengers board at Ikorodu ferry terminal in Lagos on July 19, 2024. – Surrounded by lagoons and the Atlantic Ocean, Nigeria’s economic capital Lagos has long used its waterways and an informal network of boat operators as an alternative mode of transport to the megacity’s messy roadways. But soon more commuters in the city of […]

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Reps uncover over N500b in unused TETFund for Nigerian universities

The House of Representatives has committed to addressing the issues that prevent Nigerian tertiary institutions from accessing the Tertiary Education Trust Fund (TETFund) allocations. During a recent visit to Kaduna State, the House Committee on TETFund and Other Services revealed that over N500 billion in TETFund intervention funds are still unused at the Central Bank […]

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Electricity woes deepen as vandalism surges across power infrastructure

The deliberate destruction of power infrastructure, including transmission lines, substations, and distribution equipment, is hindering the country’s ability to provide reliable electricity to its citizens and undermining the government’s initiatives to drive growth and prosperity. As the authorities strive to ‘light up’ Nigeria, the scourge of vandalism poses a significant threat to the realisation of […]

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Oyo seeks private sector, community partnership on health infrastructure

Oyo State government has called for increased collaboration with the private sector and community leaders in enhancing healthcare infrastructure, medical equipment, and facilities across the state. This plea was made by Dr. Akin Fagbemi, Chairman of the Oyo State Health Management Board, who represented Governor Seyi Makinde at the remodel and renovation ceremony of the […]

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PDP reconstitutes Ekiti caretaker committee

The National Working Committee (NWC) of the Peoples Democratic Party (PDP), on behalf of the National Executive Committee (NEC), has reconstituted the Executive Committee of the party in Ekiti State. According to a statement issued on Friday by Debo Ologunagba, the National Publicity Secretary, Chief Dare Adeleke has been appointed as the chairman of the […]

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Cuban President confers national medal of honour on Wole Soyinka

HAVANA, Cuba, Aug 23 (ACN) Wole Soyinka, Nigerian writer and Nobel Prize in Literature, received today at Casa de las Americas the Haydee Santamaria Medal, awarded by Miguel Diaz-Canel, first secretary of the Central Committee of the Communist Party of Cuba and President of the Republic, on behalf of Cuba and at the proposal of […]

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