President Bola Tinubu on Monday announced that Nigeria’s debt service-to-revenue ratio has decreased from approximately 97 per cent when he assumed office 17 months ago to 65 per cent currently. Tinubu stated that his administration has managed to keep the country afloat despite inheriting an economy on the brink of bankruptcy. The President stated while…
The Archbishop of the Methodist Archdiocese of Olivier, Imo State, Most Revered Livinus Biereonwu Onuagha has condemned the life sentence slammed on Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB). Onuagha also described the decision of the court on the terrorism charges against the IPOB as a grave misjudgment that has failed…
GISTSMATE MEDIA reports that late Indian Billionaire, Ratan Tata, has named his dog, Tito as a beneficiary in his Rs 10,000 crore will. The industrialist passed away on October 9 at 86. According to the will provisions, Tito will receive “unlimited” care under the supervision of Tata’s trusted cook, Rajan Shaw, who has long tended…
The Economic Community of West African States (ECOWAS) has strongly condemned the attempted military take-over in the Republic of Benin. Military personnel in Benin on Sunday announced that they had ousted President Patrice Talon, although his entourage said he was safe and the army was regaining control. Reacting in a statement it released in Abuja…
The National Youth Service Corps (NYSC) says it has not directed corps members to upgrade their accounts for payment of N70,000 minimum wage. The NYSC said this in a statement issued by the Director of Information and Public Relations, Eddy Megwa, on Sunday in Abuja. According to Mr Megwa, the misleading information making the rounds…
A student representative at the board member of Nigerian Education Loan Fund, NELFUND, Comrade Umar Faruk Lawal has cleared air over upcoming interactive session with Students’ Union leaders. In a press release sighted by our correspondent, Comrade Umar Faruk disclosed that NELFUND didn’t ignore the NANS nor the Zonal leadership, but the upcoming session is…
The newly elected Chairman of the Peoples Democratic Party, Kabiru Turaki, has assured party members and supporters that his leadership will usher in reforms aimed at restoring internal democracy and ending impunity within the party. In his acceptance speech on Saturday in Ibadan, the Oyo State capital, Turaki acknowledged the weight of responsibility that comes…
United States President Donald Trump has officially imposed a 15 percent tariff on Nigeria and other African countries. Other countries affected by the new tariff regime include Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Ghana, Malawi, Lesotho, and Madagascar. The modified reciprocal tariff rates were announced by the White House on Thursday. This Executive Order, titled “Further…
A policeman has come under fire on social media for lacing the shoe of Abdullahi Umar Ganduje, chairman of the ruling All Progressives Congress (APC). In a viral video, Ganduje was standing, while the yet-to-be-identified police officer went on bended knees to knot the former’s shoelaces. The video which surfaced online on Monday has got…
The Federal High Court in Abuja has granted an interim forfeiture order on properties linked to Uchenna Erondu, a member of the Abia State House of Assembly and former aide to a past governor of the state. The order followed a motion ex-parte filed by the Economic and Financial Crimes Commission (EFCC) in connection with…