The House of Representatives has approved President Bola Tinubu’s request to obtain a total of $2.347 billion in external loans to partially finance the 2025 budget deficit and refinance maturing Eurobonds.The approval was granted on Wednesday following the consideration and adoption of a report submitted by the House Committee on
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Many residents of the Federal Capital Territory (FCT), have decried the high cost of Liquefied Natural Gas (LPG), known as cooking gas, calling on the government to find a lasting solution to the trend.The residents, who spoke to the News Agency of Nigeria (NAN) on Tuesday in Abuja, lamented that
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The National Drug Law Enforcement Agency (NDLEA) has seized 384.88 kilograms of Canadian Loud and other illicit substances during a raid on a nightclub in Victoria Island, Lagos, warning operators and fun seekers against the growing trend of organizing or attending drug parties in the country.According to a statement by
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A Nigerian carrier, Air Peace, has expanded its international operations by officially commencing direct flight services between the Nnamdi Azikiwe International Airport in Abuja and London Heathrow, United Kingdom.The inaugural flight took off in Abuja on Sunday, marking the second direct London route for the carrier after Air Peace commenced
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Vice President Kashim Shettima has announced that the Federal Government will create at least 20,000 jobs annually through the second phase of the Nigeria Jubilee Fellows Programme (NJFP 2.0).Speaking ahead of the official launch scheduled for October 22 in Abuja, Shettima said the initiative aligns with President Bola Tinubu’s Renewed
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The Minister of Works, David Umahi, has issued a 14-day termination notice to CCECC Nigeria Limited over poor construction methodology and substandard performance on the Aba-bound section of the Enugu–Port Harcourt Expressway.A statement by the Special Adviser (Media) to the Honourable Minister of Works, Orji Orji, noted that the Minister
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Air Peace, Nigeria’s largest carrier, has unveiled plans to launch monthly commercial charter flights linking Africa and the Caribbean, with operations set to begin on 21 December 2025.The new service will connect Lagos (Nigeria) and Accra (Ghana) to Antigua and Barbados, with onward connections to Jamaica and Trinidad & Tobago.
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The Nigerian Civil Aviation Authority, NCAA, has responded to the statement by Senator Orji Kalu, alleging that pilots smoke indian hemp before flying and that aviation authorities fail in their oversight function to check such dangerous behavior.Mr Kalu, who represents Abia North in the Senate, during plenary on Wednesday, said,
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Africa’s richest man, Aliko Dangote, has announced plans to sell part of his multibillion-dollar refinery to Nigerians through a public listing on the Nigerian Stock Exchange.According to him, the move will allow citizens to buy shares and become part-owners of what he described as a “national asset.”Dangote made this known
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The presidency has dismissed reports that indicated that Wale Edun, the Coordinating Minister of the Economy and Minister of Finance, is seriously ill, adding that President Bola Tinubu is shopping for his replacement.Some online news reports had indicated that the Minister was bedridden and therefore unable to continue in office,
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