The Federal Government on Wednesday activated plans to raise N2.343 trillion (about$6.2 billion) to finance part of 2021 appropriation deficit by hiring transaction advisers for Eurobond issuance. The Federal Executive Council (FEC) at a session on Wednesday endorsed institutions that will advise the government on Eurobond issuance, the Debt Management Office ( DMO) said in […]
‘Action breaches ECOWAS Protocols, disrupts Nigeria’s competitive edge’ Nigerian manufacturers transiting goods to neighbouring countries in West Africa through Seme border have been asked to pay N30billion ($60million) by Republic of Benin government in order to gain access into the country and beyond. This is coming barely two years after the Federal Government shut the […]
An Oyo State High Court sitting in Ibadan, yesterday restrained the Department of State Services (DSS) and the Attorney General of the Federation (AGF), Abubakar Malami (SAN), or any of their agents, privies and any others howsoevercalled from “killing arresting, intimidating, harassing and freezing the bank accounts of the Yoruba nation agitator,Sunday Adeyemo, aka Sunday […]
…okays $1.484bn for rehabilitation of Warri, Kaduna refineries The Federal Executive Council has approved $2.76bn for the acquisition of 20 per cent minority stakes by the Nigeria National Petroleum Corporation (NNPC) in Dangote Petroleum and Petrochemical Refinery. Minister of State for Petroleum, Timipre Sylva, disclosed this yesterday after the weekly Federal Executive Council (FEC) meeting […]
Researchers in the United States (U.S.) said sleep apnea may double the risk for sudden death. These findings were recently published online in the journal ‘BMJ Open Respiratory Research’. Sleep apnea is a potentially serious sleep disorder in which breathing repeatedly stops and starts. It is a condition in which a person’s airway is repeatedly […]
Global human rights group, Amnesty International (AI), yesterday launched an online campaign geared towards pressuring the Federal Government to lift its indefinite suspension of Twitter in the country. The organisation said the suspension was unlawful and a further attempt by President Muhammadu Buhari to crack down on freedom of expression. According to the group, Nigerians […]
The presidential candidate of the Peoples Trust (PT) in the 2019 elections, Mr. Gbenga Olawepo- Hashim, has joined the ruling All Progressive Congress (APC). In a statement yesterday, Olawepo-Hashim said he was opting for the APC to actualise his vision as the party is a reasonable pathway for the preservation of the unity and progress […]
The Aare Onakakanfo of Yorubaland, Iba Gani Adams, has commended Justice Obiora Egwuatu’s ruling granting the 12 aides of Chief Sunday Adeyemo, popularly known as Igboho, bail after spending 32 days in the custody of the Department of State Services (DSS). Iba Adams, in a statement by his Special Assistant on Media, Mr. Kehinde Aderemi, […]
Determined to stem security challenges in the state, the Enugu State Governor, Ifeanyi Ugwuanyi has directed the newly sworn-in 68 Development Area Administrators to relocate to their areas and take charge immediately. This was as he directed that them to engage all traditional rulers, presidents of town unions, religious leaders, youth organisations, women organisations, the […]
Female lawmakers from Anambra State in the ninth National Assembly led the pack in terms of sponsorship of bills as the state posted a total of 141 bills in the first two years of the Assembly. Conversely, 14 lawmakers from Jigawa State were able to make do with only 22 bills during the same period […]