Endless borrowing: Experts worry, Okonjo-Iweala, Ahmed differ on Nigeria’s debts
• We will borrow more to build infrastructure, Federal Govt insists • Nigeria’s debt-to-GDP ratio rose from 29% to 35% – WTO boss • Funds spent on debt servicing by govt worrisome, say experts The...
View ArticleNigeria, not social media, is the destiny killer
By the time you watched Information minister Lai Mohammed’s fume in the National Assembly on Tuesday where he had gone to defend the Twitter ban, you would conclude that these people neither have...
View ArticleKwara billionaire’s 28-year-old grandson dies, residents suspect suicide
THE grandson of the multi-billionaire, Prince Samuel Adedoyin, Subomi Olobayo, is dead. Sources told The PUNCH on Thursday that Subomi, 28, the first son of Prince John and Lola Olobayo, one of the...
View ArticleGanduje signs MoU on 5,000 housing units for Kano teachers
Governor Abdullahi Ganduje of Kano State has signed a Memorandum of Understanding with a property company, Family Homes Funds Limited, to provide 5,000 units of houses for teachers in the state. The...
View ArticleNigerian Law School, P’Harcourt campus ready in six months – Wike
RIVERS State Governor, Nyesom Wike, has received a formal letter of approval from the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, for the establishment of a...
View ArticleNDDC board inauguration holds after forensic report – Buhari
The President, Major General Muhammadu Buhari (retd.), has promised the leadership of the Ijaw National Congress that he would inaugurate the board of the Niger Delta Development Commission as soon as...
View ArticleFather of released #EndSARS detainee’s son wants privacy – Lawyer
The counsel for Kemisola Ogunniyi, who delivered a baby in prison custody, Mr Tope Temokun, has said it is not compulsory for the public to know the identity of the child’s father. Ogunniyi was...
View ArticleCourt voids Anambra PDP congress, nullifies delegate list
THE Peoples Democratic Party is weighing its options following the nullification of its Anambra State delegate congress by a Federal Capital High Court, Abuja, on Thursday. It was gathered that the...
View ArticleInflation, forex scarcity hitting businesses hard, says LCCI
Inflationary pressures and foreign exchange scarcity has significantly impacted the operating costs of businesses in Nigeria, the Lagos Chamber of Commerce and Industry has said. The President, LCCI,...
View ArticleSenate President backs FG borrowing spree, opposes new taxes
PRESIDENT of the Senate, Ahmad Lawan, has defended Nigeria’s borrowing spree, arguing that the Federal Government cannot tax Nigerians any further to fund infrastructure. Lawan also said that Nigeria...
View ArticleNigeria can earn N600bn from tobacco, alcohol tax hike – W’Bank
The World Bank has said Nigeria can generate N600bn annually by increasing the excise duties on tobacco and alcohol as recommended in the National Development Update report. A Senior Tax Specialist of...
View ArticleWe’re not against northerners but terrorists, IPOB replies Gumi
THE Indigenous People of Biafra has said it is not after northerners, but against terrorists. The Media and Publicity Secretary of the secessionist group, Emma Powerful, stated this on Thursday in a...
View ArticleEmirates makes a U-turn, accepts Nigeria, S’Africa, Indian passengers
Emirates Airlines has confirmed that it will begin accepting Dubai-bound passengers from India, South Africa and Nigeria to Dubai. This, according to a statement released to our correspondent, was...
View ArticleReps invite Amaechi over NPA’s unaccounted N166.9bn
The House of Representatives’ Committee on Public Accounts has invited the Minister of Transportation, Rotimi Amaechi, and the management of the Nigerian Ports Authority to explain the revenues accrued...
View ArticleWe’re investing $1bn on Lagos-Ibadan Expressway, two others – FG
• Puts Nigeria’s infrastructure deficit at N15tn The Federal Government on Thursday said it was investing $1bn on the construction of the Lagos-Ibadan Expressway, Second Niger Bridge, and...
View ArticleJulius Berger launches website to showcase products
Nigeria’s leading furniture manufacturer, Julius Berger AFP, has launched its product website. The website, according to the company, would allow prospective clients a panoramic view of its...
View ArticleCourt hears suit challenging Atiku’s citizenship September 27
THE Federal High Court sitting in Abuja on Thursday fixed September 27, 2021 for the hearing of the suit brought before it by the Incorporated Trustees of the Egalitarian Mission for Africa querying...
View ArticleReps quiz Polaris MD over $224m NNPC alleged hidden account
The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for...
View ArticleBuhari, Tinubu hail Gbajabiamila at 59
The President, Major General Muhammadu Buhari (retd.), has congratulated the Speaker of the House of Representatives, Femi Gbajabiamila, as he clocks 59. The congratulatory message was contained in a...
View ArticleBayelsa faults FG for deducting N11.678bn over disputed oil wells
The Bayelsa State Government has faulted the deductions of a total sum of N11.678bn by the Federal Government from its monthly revenue allocation over disputed oil wells with sister states. The...
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