FG Eyes $500m World Bank Loan To Boost Education, Health Sectors

The Federal Government is targeting a $500m loan from the World Bank to tackle inadequate human resource issues in the country’s education and healthcare systems. The proposed loan, part of the Nigeria Human Capital Opportunities for Prosperity and Equity Governance Programme, is intended to tackle long-standing staffing gaps and enhance the performance management of basic…

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FLASH: First HoldCo Denies Otedola, FG Involvement In N323.4bn Share Sale

First HoldCo Plc has officially denied reports linking its chairman, Femi Otedola, to the recent N323.4bn block sale of its shares, clarifying the actual parties involved in the transaction. In a statement signed by the First HoldCo’s Company Secretary, Adewale Arogundade, on Friday, the company addressed rumours circulating in the print and digital media about…

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Presidency Apologises For Errors In Appointment List

The Presidency has apologised for inaccuracies in the list of federal appointments recently released to address claims of bias in President Bola Tinubu’s selection of appointees. Tinubu’s appointment decisions have come under scrutiny with critics, particularly opposition figures, alleging a preference for individuals from his ethnic group over those from other regions. In a recent…

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