With Nigeria facing a mounting debt burden, a report released by Cowry Asset Management Limited, yesterday, revealed that the country’s external debt profile by credit institutions now sits at $42 billion, adding to growing concerns about its potential implications for financial Read more…
Okwy Ndu The leading aspirant for the Anambra South Senatorial seat has called on Anambra State government to quickly come to the assistance of the victims of the Nnewi market incident. Hon Ubajaka also called on the Chairman of the Read more…
HRH Igwe Dr KON Orizu III prays for the victims of the Nkwo Nnewi market fire victims and called on them to remain strong as the cause of the fire incident is being investigated. Igwe understands that the incident is Read more…
Chief Prof Joseph Ugboaja OON (Ochinanwata Nnewi) mobilised fire trucks and fire fighting department of NAUTH to Nkwo Nnewi Inferno took 5 hours to combat but was bravely defeated by the NAUTH fire fighters Proving once again that leadership is Read more…
From Ijeoma John,Nnewi. People of Nnewi were thrown into tears as a heavy fire razed Afia Mgbede (an evening market), located opposite the New Motor Spare Parts Market in Nnewi, the automobile hub of Anambra State. According to sources, the Read more…
The federal government on Tuesday outlined several initiatives to ramp up food production and control food inflation in the country, including prioritizing mechanization to increase agricultural yields. The Minister of Agriculture and Food Security, Abubakar Kyari, stated during a press Read more…
As of December 31, 2024, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has signed 5,481 Certificates of Occupancy (C-of-Os) for allottees in the Territory. The figure is 2,919 fewer than the total number of C-of-Os issued by Read more…
The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.The fines total N1.35bn, with each of the banks fined Read more…
The naira continued its decline against the dollar at the official foreign exchange market on Monday. FMDQ data showed that the naira weakened to N1,548.89 against the dollar on Monday from N1,543.03 exchanged last week Friday. This indicated that the Read more…
The Minister of Power, Mr Adebayo Adelabu, said on Monday that the Federal Government had not found the antidote to the frequent collapse of the National Grid, a development that shut down power supply to the whole country many times Read more…
Minority Leader, Senator Abba Moro (Benue South), has assured Nigerians that the parliament will continue to deliberate on Tax Reform Bills until it reaches a position that best represents their interests. He said this while addressing journalists at the National Read more…
The Chairman of First Bank Holdings, Chief Femi Otedola, has revealed what the Publisher of Thisday Newspaper, Nduka Obaigbena, did with the $230 million loan he obtained from First Bank Limited. Otedola, sources said, made the revelation after meeting with Read more…