Following the latest move by President Bola Tinubu to borrow an additional $8.6 billion and €100 million foreign loans, Nigeria’s external debt profile will hit over $51.759 billion. The President’s request is part of the external borrowing plan for 2022-2024 for critical infrastructure, such as power, roads, water, railways, and health. The country’s external debt…
Minister of Interior, Olubunmi Tunji-Ojo, has opened up on plans to establish passport front offices in several major cities across the United Kingdom, including Manchester, Birmingham, and Cardiff (Wales), within the next three months. During an appearance on a live Television Progranme, the minister emphasised on the challenges faced by Nigerians in the diaspora when…
The Nigerian National Petroleum Company Limited, on Thursday, said it would end the importation of refined petroleum products by December 2024 as all the country’s refineries would be operational by then. It also projected that the national oil firm would grow its revenue to N4.5tn at the end of 2023 adding that the rehabilitation of…
UN Deputy Secretary-General, Nigeria’s Amina Mohammed, has solicited the support of the Nigerian government on the implementation of Sustainable Development Goals (SDGs) Goal 16. SDG 16 addresses the need to promote peace and inclusive institutions. Mohammed made the call when the Permanent Secretary, Ministry of Foreign Affairs, Amb. Adamu Lamuwa, and his counterpart, Permanent Secretary,…
A Nigerian wig maker Helen Williams has set a world record for the longest handmade wig, the Guinness World Records said Tuesday. Helen achieved the feat in Lagos with her handmade wig of 351.28 metres. “Helen spent 11 days and over two million naira making the wig,” Guinness World Records said “After constructing the underlay…
Tiwa Savage, the award-winning musician, receives praise from her fans after surpassing Afrobeat artist Wizkid to become the second most followed Nigerian on Instagram. It is worth noting that Grammy Award nominee Davido Adeleke is the most followed Nigerian star, with 28.2 million followers. Wizzy was in second place until recently, when he was dethroned…
The Anambra state government has prohibited hawking and loading of vehicles on the Niger bridge. As Christmas season approaches, authority of the Anambra road traffic maintenance agency ( ARTMA) took the step in order to reduce the huge traffic, when holiday makers begin to travel to their homes. A press release by the PRO ARTMA,…
Novel laureate, Prof. Wole Soyinka has said that former President Muhammadu Buhari was an “idiot” for banning Twitter in Nigeria. Soyinka said this in an interview with Arise News Television at the CANEX Live Theatre closing ceremony of the 3rd Intra-African Trade Fair (IATF) 2023, convened in Cairo, Egypt by the African Export-Import Bank (Afreximbank),…
The Academic Staff Union of Universities and the Committee of Vice Chancellors of Nigerian Universities have described the plan by the Federal Government to automatically deduct 40 per cent from the Internally Generated Revenue of universities in the country as an attack on the university system. The Federal Government , in a letter dated October…
The spiritual leader of the Graceful Abode Church in Delta State, Pastor Samuel Ojo, has allegedly sold his church and entire congregation to another pastor before relocating abroad. The details of the transaction remain shrouded in mystery, with many wondering how such a sale could even occur. According to residents, the pastor allegedly handed over…
