UN Warns of Debt Crisis as Nigeria’s Debt Projected to Hit ₦155 Trillion
The United Nations Conference on Trade and Development (UNCTAD) has said that countries, especially developing countries, are suffocating under debt burdens. It said that in 2023, developing countries’ external debt…
Kebbi Government Denies Use of Substandard Materials in Argungu Road Project
The Kebbi State Government has dismissed allegations of using substandard materials in constructing the 6.4-kilometer Argungu dual carriageway. Commissioner for Works, Alhaji Abdullahi Umar-Muslim, refuted the claim while addressing journalists…
NYSC to Begin Payment of N77,000 Monthly Allowance from March 2025
The National Youth Service Corps has confirmed that corps members will receive a new allowance of N77,000 starting March 2025. Brigadier General Olakunle Oluseye Nafiu, NYSC Director-General, announced this decision…
Edun Unveils “Customs Cares, says no need for youths to “Japa”
The Minister of Finance, Wale Edun, launched the Nigeria Customs Service CSR program, urging Nigerian youths to stay. Speaking in Abuja, he assured citizens that economic conditions are improving, with…
HDAN Urges National Assembly to Support Family Homes Funds for Sustainable Social Housing
The Housing Development Advocacy Network (HDAN) has passionately appealed to the National Assembly to provide necessary support to Family Homes Funds Limited (FHFL), emphasizing its crucial role in delivering social…
Game-Changer for Affordable Housing as MoFI Secures N250bn Investment, Targets N1tn
The Ministry of Finance Incorporated (MoFI) Real Estate Investment Fund (MREIF) has secured N250bn from its Series 1 and 2 issuances and is now targeting an additional N1tn from investors.…
House of Reps Approves State of Emergency in Rivers State
The House of Representatives has approved the declaration of state of emergency in Rivers State. On Tuesday, President Bola Tinubu had proclaimed emergency rule over the protracted crisis in the…
Dangote Cement Appoints Gbenga Fapohunda as Group Financial Officer
Dangote Cement has named Gbenga Fapohunda as its substantive Group Financial Officer, effective January 1, 2025. The company announced the appointment in a corporate filing with the Nigerian Exchange Ltd.…
Six Dead, 14 Vehicles Burned in Nyanya Bridge Crash – FCT Police
The FCT Police Command has confirmed six fatalities and 14 burned vehicles after a Dangote truck crash at Nyanya Bridge. Police spokesperson SP Josephine Adeh described the incident as devastating,…
NCDMB Unveils 2025 NOGOF to Boost Local Content in Oil and Gas
The Nigerian Content Development and Monitoring Board (NCDMB) has launched the 2025 Nigerian Oil and Gas Opportunity Fair (NOGOF). Speaking in Abuja, Executive Secretary Felix Ogbe emphasized NOGOF’s role in…