THE Nigerian Federal Government’s borrowings from the Central Bank of Nigeria (CBN) through Ways and Means Advances hit N1.83 trillion in the first quarter of 2023.This pushed Federal government’s borrowings from the CBN to N25.36 trillion in March 2023, from N23.53 trillion in December 2022, as disclosed in provisional data
Read More
President Bola Tinubu has called on African leaders to respect democracy, the rule of law and ensure political stability.Tinubu made the remarks during a high-level event organised by the United Nations Development Programme (UNDP) on the margins of the Fifth Mid-Year African Union (AU) Coordination Meeting in Nairobi, Kenya.The President,
Read More
The presidential candidate of the Labour Party, (LP) in the 2023 general elections Peter Obi has dismissed a false report against him.In a statement released on Saturday, Obi stressed that he never granted any interview or made press remarks about plans on becoming president in 2027.He also maintained that the
Read More
Nigeria has fulfilled its financial obligations to the African Union (AU) by making full payment of its assessed contributions for the year 2023.The confirmation was made on Saturday by the Permanent Secretary, Ministry of Foreign Affairs, Amb. Adamu Lamuwa, on the sidelines of the 43rd Ordinary Session of the Executive
Read More
The Nigerian naira on Friday, July 14, closed at N803.9 per dollar at the Investors and Exporters (I&E) foreign exchange window.The figure is the highest intra-day rate ever recorded since the introduction of the window in April 2017.The I&E foreign exchange (FX) window is Nigeria’s official exchange rate window and
Read More
The Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, has celebrated the Chairman and Editor-in-Chief of the THISDAY Media Group and ARISE News Channel, Prince Nduka Obaigbena, on his 64th birthday anniversary.Kalu in a statement on Friday noted the contributions of Obaigbena in the growth of journalism profession
Read More
The Anambra State Government said it rescued a 19-year-old girl who was allegedly gang raped by six boys in Anam, Anambra West Local Government Area of the state.Mrs Ify Obinabo, the state’s Commissioner for Women and Social Welfare, told newsmen on Saturday that the suspects had been arrested.The suspects apprehended
Read More
Governor Ademola Adeleke of Osun State has pleaded with Chief Executive Officers of commercial banks in Nigeria to reopen their closed branches in towns across the state, assuring that “there is a new Sheriff in town”.Speaking at the commissioning of the rebuilt Ede branch of First Bank of Nigeria, on
Read More
The Aare Onakakanfo of Yoruba land, Iba Gani Adams has warned Simon Ekpa, factional leader of the Indigenous People of Biafra (IPOB), to stop plans to stage the sit-at-home protest in Lagos State.Ekpa had said the sit-at-home protest currently being enforced in the South East will be done in Lagos
Read More
The International Labour Organisation (ILO) has pledged to support the Nigerian government in its plan to deliver over two million digital jobs to reduce the nation’s unemployment rate.The ILO Country Director for Nigeria, Ghana, Liberia, and Sierra Leone, Vanessa Phala, made the pledge yesterday during the commemoration of this year’s
Read More