nigeria
Nigerian Government Urged to Refund N228 Billion Loan from Non-Oil Excess Revenue Account
The Postmortem Sub-Committee of the Federal Account Allocation Committee (FAAC) has recommended that the Federal Government refund the approximately N228 billion loan taken from the non-oil excess revenue account to finance the 2023 general elections.
This recommendation follows a detailed … Continue Reading
Power Sector Requires N2 Trillion Recapitalization for Sustainable Revival
The Nigerian federal government has disclosed a staggering capital shortfall of N2 trillion ($2.5 billion) in the electricity sector, emphasizing the crucial need for revitalization to ensure a consistent and reliable power supply across the nation.
Tinubu Makes Key Appointments at NIMASA and NPA
President Bola Tinubu has recently made significant appointments within the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA), both falling under the Federal Ministry of Marine and Blue Economy.
The appointments reflect a strategic move … Continue Reading
Federal Government Broadens Certificate Suspension to Uganda, Kenya and Niger Republic
In a move echoing the recent suspension of accreditation for degree certificates from Benin Republic and Togo, the Federal Government of Nigeria has announced plans to extend this sanctions to additional countries, including Uganda, Kenya and Niger Republic.
Nigeria’s education … Continue Reading
FG Allocates N350 Billion for Poverty Reduction and Consumer Loans in 2024 Budget
The Federal Government of Nigeria is allocating N350 billion in the 2024 budget towards a consumer credit fund and a national poverty reduction strategy.
The National Poverty Reduction with Growth Strategy is allocated N250 billion, emphasizing a commitment to addressing … Continue Reading
FG Allocates N100 Billion Consumer Credit Fund to Tackle Soaring Borrowing Amidst Rising Inflation
In response to the escalating borrowing trends and the mounting cost of living, the 2024 budget unveiled by the Nigerian government has introduced a N100 billion Consumer Credit Fund.
This strategic move is prompted by the surge in consumer credit, … Continue Reading
UK’s New Visa Rules Are not Friendly To Nigerian Immigrants
The United Kingdom has announced tougher visa rules for Nigerians and other countries seeking work visas into the country, Home Secretary James Cleverly announced on Monday.
The move, which is meant to reduce migration by over 300,000, are intended to … Continue Reading
COP28: Video of woman trying to obstruct Tinubu during group photograph With Prince Charles Goes Viral
A video capturing the moment a Caucasian woman tried to obstruct Nigeria’s President Bola Tinubu during a group photograph with Prince Charles and other dignitaries at the Climate Change Conference (COP28) has gone viral on the social media.
The video … Continue Reading
Finland Based Biafran Separatist Leader, Simon Ekpa arrested
Authorities in Finland have arrested Biafran separatist leader, Simon Ekpa, local News agency in Finland, Helsingin Sanoma(HS) has confirmed.
Ekpa, a local NCP councilor in the city of Lahti, Finland has been advocating for and financing an armed uprising in … Continue Reading
Black Panther: Wakanda Forever Set For An African Premiere In Nigeria
The Walt Disney Company, in association with Africa International Film Festival (AFRIFF) and FilmOne Entertainment, today announce that Nigeria will play host to the official African premiere of Marvel Studios’ Black Panther: Wakanda Forever.
The highly anticipated next installment of … Continue Reading