Port Harcourt
Senator Ned Nwoko Discloses Receipt of Over N1 Billion for Constituency Projects in 2024 Budget
Senator Ned Nwoko, representing Delta North Senatorial District, has revealed that he received more than N1 billion in funding for constituency projects as allocated in the 2024 budget. His disclosure adds to the ongoing debate surrounding resource allocation to legislators … Continue Reading
US Students Raise Funds to Send Beloved Security Guard on Emotional Return Trip to Nigeria
In a touching display of compassion and solidarity, a group of college students in Rhode Island has rallied together to facilitate a surprise trip for their cherished security guard, enabling him to reunite with his family in Nigeria after more … Continue Reading
Nigeria Set to Secure $500 Million World Bank Loan for Rural Access and Agricultural Marketing Project (RAAMP-SU)
The Federal Government of Nigeria is on the brink of securing a significant financial boost, with the World Bank poised to approve a $500 million loan for the Rural Access and Agricultural Marketing Project – Scale Up (RAAMP-SU).
This initiative … Continue Reading
Inflation in Nigeria Surges to 31.70% record high in February 2024
Inflation continue to plague Nigeria as the latest data from the National Bureau of Statistics (NBS) reveals a disconcerting upward trend. The headline inflation rate surged to 31.70% in February 2024, marking a notable increase from January 2024’s rate of … Continue Reading
Nigeria’s $2B Fiber Optic Plan: Minister’s Vision for Digital Revolution
Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has unveiled ambitious Fiber Optic plan to bolster Nigeria’s connectivity infrastructure, aiming to achieve nationwide interconnectivity through a robust fiber optic network.
In a statement to State House correspondents following … Continue Reading
MTN Nigeria Invests $120 Million to Expand 5G Coverage Amidst Forex Challenges
MTN Nigeria has disclosed an investment of over $120 million in the last two years in a bid to enhance telecommunications infrastructure and expand 5G coverage across … Continue Reading
Federal Government Reveals 92 Million Nigerians Lack Access to Electricity
The Federal Government announced on Friday that approximately 92 million Nigerians do not have access to electricity from the national grid. The announcement was made by the Minister of Power, Adebayo Adelabu, during the closing ceremony of the 7th … Continue Reading
Central Bank of Nigeria Sells Record N1.3 Trillion in Treasury Bills to Bolster Forex Reserves
In a bid to fortify Nigeria’s foreign exchange reserves and stabilize the Naira amidst mounting forex pressures, the Central Bank of Nigeria (CBN) has successfully auctioned a record N1.3 trillion in Treasury Bills, targeting overseas investors.
The sale of Treasury … Continue Reading
Wigwe’s Burial: Heavy Security Presence as Over 50 Jets Arrive Port Harcourt
Port Harcourt, the Rivers state capital, witnesses a tight security presence as dignitaries from all walks of life arrive in the city to attend the burial of the late Access Bank Holdings CEO, Herbert Wigwe.
… Continue ReadingNigerian Air Force Trainer Aircraft Crashes in Kaduna
A Nigerian Air Force (NAF) Super Mushshak trainer aircraft crashed in Kaduna on Thursday afternoon, triggering concerns and inquiries into the safety protocols and operational procedures of the country’s military aviation sector. The crash, which occurred at approximately … Continue Reading