Buhari Seeks Senate Approval For Fresh $800m Loan
Nigeria’s outgoing President, Muhammadu Buhari has written to the Senate to approve an $800 million loan to finance the National Social Safety Network Programme, NSSP. Buhari’s request was contained in a letter read to the Senate by Ahmed Lawan during the Wednesday plenary session. According to the President, the funds will be transferred to 10.2 […]
Budget Office Warns Of Big Trouble Over Rising Debt
The Nigerian Budget Office has raised the alarm that Nigeria now has a ‘limited borrowing space’ due to its poor debt-to-revenue ratio, stressing that ‘trouble’ looms for the country if it exceeds its limits. The Director-General of the Budget Office, Ben Akabueze, while addressing members-elect of the 10th National Assembly at their week-long induction ceremony […]
Debt Ceiling: ‘Millions Of Jobs’ At Risk If.., Biden Warns
The President of the United States, Joe Biden has raised an alarm that the economy could enter a recession and shed millions of jobs unless Republicans agree to raise the country’s $31.4 trillion debt ceiling before a fast-approaching deadline. In a campaign-style speech in a swing district in New York state on Wednesday, Biden lambasted […]
Dangote, Elumelu Applaud NNPC’s Performance Under Kyari
Foremost philanthropist and banker, Mr. Tony Elumelu and Africa’s richest man Alhaji Aliko Dangote have both hailed the Nigerian National Petroleum Company Ltd for their sterling performance under the leadership of its Group Managing Director, Mr. Mele Kyari. According to Dangote, Africa’s richest man and Chairman of the Dangote Group, by its sterling performance under […]
Israel-Palestine Crisis: Fighting Continues As Ceasefire Fails
Israel has continued its attacks on Gaza, killing at least 24 people, in response to what it says were rockets fired by Palestinian groups. According to Gaza’s health ministry, no fewer than seven people were killed yesterday, a day after Israeli strikes on the Palestinian territory left 15 dead. About four of those killed on […]
10th NASS: Akeredolu Faults APC’s ‘Skewed’ Zoning Formula
Ondo State Governor, Rotimi Akeredolu has faulted the zoning arrangement for the 10th National Assembly proposed by his party, the ruling All Progressives Congress (APC), describing it as a ‘skewed arrangement that reinforces injustice’. The Senior Advocate of Nigeria, in a statement, rejected the zoning formula of this party, saying, ‘This is an unworkable arrangement […]
Nigerian Govt Approves Additional ₦129bn For Ogoni Clean-Up
The Federal Executive Council (FEC) on Wednesday approved the sum of ₦129.8 billion for various projects in the Niger Delta Ministry, especially for the Ogoni clean-up project which has lingered on for many days. This was disclosed to journalists by the Senior Special Assistant to the President, Garba Shehu, after the FEC meeting chaired by […]
NBC Barred From Imposing Fines On Broadcast Stations
An order of perpetual injunction restraining the National Broadcasting Commission (NBC) from imposing fines, on broadcast stations in the country, was on Wednesday granted by Justice James Omotosho of the Federal High Court Abuja. Justice Omotosho in his ruling also set aside the N500,000 fines imposed on each of the 45 broadcast stations on the […]
Mysterious Explosion Rocks Air Force Base In Abuja
Reports reaching the desk of Africa Today News, New York has it that an explosion has rocked the Nigerian Air Force (NAF), fuel storage facility which is located at its Abuja Base, causing serious pandemonium in the area. The NAF Base is located close to the Nnamdi Azikiwe International Airport in Abuja. The level of […]
Trump Found Culpable For Sexually Abusing Writer
Former US President, Donald Trump was on Tuesday found liable by a jury for sexually abusing and defaming an American former magazine columnist and ordered the controversial ex-president to pay her $5 million in damages. After less than three hours of deliberation, the nine jurors unanimously upheld Jean E. Carroll’s other claims while rejecting her […]
Nigerian Govt Orders Private Jets Removal From Abuja Airport
Ahead of the inauguration of the new government scheduled for the 29th of May, 2023, the Federal Airport Authority of Nigeria (FAAN) has ordered the immediate relocation of all aircraft currently stationed at the General Aviation Terminal of the Nnamdi Azikiwe International Airport, Abuja. According to FAAN, the removal of aircraft parked at the Abuja […]
Why Buhari Will Stay Additional Week In London – Presidency
The President of Nigeria, Muhammadu Buhari has added an additional week to his stay in London over what has been described by Presidential sources as an appointment with his dentist. Special Adviser to the President on Media and Publicity, Femi Adesina, announced this in a statement on Tuesday. Africa Today News, New York recalls that […]