The Central Bank of Nigeria (CBN) is owing a $7.5 billion to American banks, JP Morgan and Goldman Sachs, according to its consolidated financial statements published on Friday.CBN’s financial documents showed that it owed the American banking giant Goldman Sachs $500 million and JP Morgan $7 billion in securities lending.
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Nigeria’s First Lady, Senator Oluremi Tinubu, on Monday, played host to members of the female football team, the Super Falcons, at the Presidential Villa, Abuja.Earlier, the First Lady had hosted the national women’s basketball team after their triumph at the FIBA Afrobasket.The occasion is aimed at appreciating the wonderful display
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Niger's military junta, late on Sunday, said they would prosecute the ousted President Mohamed Bazoum. The coup leaders said they gathered the necessary evidence to “prosecute” Bazoum for “high treason” and “undermining” the security of the country, CNN reported.“The Nigerien government has to date, gathered the necessary evidence to prosecute
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The National Emergency Management Agency, NEMA, says 19 states and 56 communities across the country are likely to witness heavy rainfall that can lead to flooding within the month.Ibrahim Farinloye, Lagos Territorial Coordinator, NEMA, said this in a statement on Monday in LagosMr Farinloye listed the states and communities as:
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Blackouts in Niger have become more frequent after neighbor Nigeria cut off exports of electricity, which covers 70% of Niger’s demand.A group of military commanders overthrew the Niger government in late July and the country’s army declared its support for the coup. Other African countries, grouped in the Economic Community
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Sultan of Sokoto and president of the Nigeria Supreme Council for Islamic Affairs (NSCIA), Alhaji Muhammadu Sa’ad Abubakar, has conferred the traditional title of Zaruman Sakkwato (War Commander) on the immediate past chief of army staff, Lt-Gen Faruk Yahaya (rtd).The religious leader conferred the traditional title on Yahaya, the 22nd
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Secretary to the government of the federation (SGF), Senator George Akume, has denied a media publication which stated that the federal government had set up a panel to reconstitute boards of parastatals.The SGF in a statement by director information in his office, Willy Bassey, stated clearly that there is no
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Over 10,000 children in Gboko local government area of Benue State between the ages of 2 and 12 years have benefitted from the free mass deworming exercise flagged off by the member representing Gboko East constituency, Becky Orpin.Orpin, who is the House Committee chairman on Appropriation, said the programme is
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Socio-Economic Rights and Accountability Project (SERAP) has urged the Federal High Court in Lagos to restrain the National Assembly from spending N40 billion on 465 exotic and bulletproof cars for members and principal officials and N70bn as ‘palliatives’ for new members.SERAP in an order of mandamus asked the court to
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Two Nigerians, Samuel Ogoshi, 22, and Samson Ogoshi, 20, were extradited to the United States from Nigeria to face prosecution after being indicted in May 2023, for sexually extorting numerous young men and teenage boys in the Western District of Michigan and across the United States.Samuel Ogoshi was also charged
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