The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the crude-for-cash funding from the African Export-Import Bank (Afreximbank) headquarters...
Vice President, Kashim Shettima, has assured that President Bola Tinubu’s administration remains strongly committed to deepening democracy in the country.Shettima stated this on Tuesday when he received some leaders of the Inter-Party Advisory Council (IPAC) at the Presidential Villa,...
The long awaited Ministerial appointment of President Bola Tinubu cabinet has been revealed on Wednesday.Tinubu named Nyesom Wike as the Minister of the Federal Capital Territory.Dele Alake is the Minister of Solid Development with Dave Umahi, the Minister of Works.The...
The Federal Government has applied to withdraw the illegal possession of firearms case it filed against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal High Court sitting in Lagos.Director of Public Prosecutions (DPP) at the...
The Presidency has stated that it would continue to engage and dialogue with the union leaders to achieve same goal. This follows the threat by the Nigerian Labour Congress, NLC, to embark on an indefinite strike if the pump...
Amid tightening monetary policy stance and global volatility considerations, the federal government raked in N312.56 billion through the August FGN bond auction held by the Debt Management Office (DMO) Monday. Four instruments were offered to investors at the auction...
The court of appeal in Edo state has affirmed Julius Abure as the national chairman of the Labour Party (LP). Delivering judgment in the appeal marked CA/B/93/2023 and filed by Lucky Shaibu, a chieftain of the party, the appellate...
The former Governor of Katsina State, Ibrahim Shema has visited the present All Progressives Congress (APC) National Chairman, who is also the immediate past Governor of Kano State, Abdullahi Ganduje, at his Abuja residence over the weekend.9jayarn reports that,...
The Kaduna State Governor, Senator Uba Sani, has denied rejecting his predecessor, Nasir El-rufai’s ministerial nomination.It could be recalled that El-Rufai’s nomination was stepped down during screening following an incomplete security check.A few days after, El-Rufai rejected the offer...
Residents of the Gashaka Local Government Area in the central geopolitical zone of Taraba State are counting their losses after heavy rainfall.The rainfall lasted about six hours on Sunday, submerging several houses and washing away goods worth millions of...
