President Bola Tinubu has written to the National Assembly, seeking approval for a fresh N1.767 trillion external borrowing plan to part-finance the budget deficit of N9.7 trillion for the 2024 budget. The Nigeria’s growing foreign debt obligations have been of concern lately, and this has been exacerbated by the liberalization of exchange rates, making loan…
Ifechukwude Okonjo, the Obi of Ogwashi-Uku in Delta State, Nigeria, was jailed for theft in the US. When Ifechukwude Okonjo emerged as the Obi of Ogwashi-Uku in Delta State in September 2019, there was no indication that he had been convicted of a crime in the US. Ogwashi-Uku is a community in Anaocha South Local…
The harsh economic environment led to the closure of about 30 percent of Micro and Small Medium Enterprises (MSMEs) in Nigeria, amounting to about 7.2 million of the country’s estimated 24 million MSMEs, between 2023 and 2024, the Nigerian Economic Summit Group (NESG) has stated. Chief Economist and Director of Research at NESG, Dr. Segun…
Annie Knight, the Australia’s most sexually active woman has revealed she is ready to settle down after going on just one date in the last two years. However, despite still focusing on her career, the 28-year-old has revealed that she is actively looking for love after having been on only one date in the last…
The World Bank has approved a $500 million loan to Nigeria to support the country’s Community Action for Resilience and Economic Stimulus Program. According to information obtained from the bank’s website on Sunday, the approval, which took place on March 28, 2025, marks a significant step in addressing Nigeria’s economic challenges through expanded access to…
A chieftain of the Peoples Democratic Party (PDP) in Delta State, Chief Sunny Onuesoke, says the major opposition party must ensure that the All Progressives Congress (APC) does not return to power in 2027. The former governorship aspirant affirmed that the PDP has made significant preparations for the 2027 general elections to reclaim power from…
Bauchi State Governor, Bala Mohammed, has alleged that the crisis within the Peoples Democratic Party (PDP) is caused by the ruling All Progressives Congress, APC. The former minister raised the accusation on Thursday during a courtesy visit by the PDP Board of Trustees, led by Senator Adolphus Wabara, at the Government House in Bauchi. Mohammed,…
The Economic and Financial Crimes Commission (EFCC) has invited the suspended chairpersons of the 18 local councils in Edo State to its office for interrogation. The EFCC invitation was contained in a letter by the agency’s Director of Investigation, Abdulkarim Chukkol, and addressed to the Secretary to the Edo State Government. In a letter dated…
Portable, the controversial singer, has encouraged the crossdresser Bobrisky to “repent from sinful ways” and reconsider her lifestyle choices. The ‘Zazoo Zeh’ hitmaker’s admonishment came on the back of the troubles bedeviling the crossdresser. Bobrisky, whose birth name is Idris Okuneye, was released from prison on August 5 after she was sentenced to six months…
The Economic and Financial Crimes Commission (EFCC) has intensified its investigation into the alleged misappropriation of $35 million linked to the Brass Project. Former Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Timber Kesiye Wabote, was detained yesterday for the second time in two weeks. Wabote, who served as the Executive Secretary…