Remove Fuel Subsidy, IMF Tells Nigeria
The Managing Director, International Monetary Fund (IMF), Mrs. Christine Lagarde, has advised the Nigerian government to jettison spending on fuel subsidy and instead expend such money on health, education and…
IMF worries over Nigeria`s ability to repay $25.27bn National Debt
The International Monetary Fund (IMF) has expressed worry over Nigeria’s ability to repay its foreign debt which had continued to rise. Though it said conditions were favourable for the country…
Deal Ruthlessly with Bandits, Buhari Orders Security Chiefs
President Muhammadu Buhari Thursday in Abuja ordered the service chiefs and the Inspector-General of Police, Mohammed Adamu, to deal ruthlessly with armed bandits terrorizing various parts of the country. Bandits…
Atiku disowns “Pukka” Billboard in Abuja, Yola
Former Vice President Atiku Abubakar and presidential candidate of the Peoples Democratic Party (PDP) in the 2019 general elections has dissociated himself from posters being circulated around the Federal Capital…
N544m alleged fraud: Trail of Ex-SGF begins May 23rd
An FCT High Court in Maitama, on Thursday fixed May 23 for the commencement of trial of former Secretary to the Government of the Federation (SGF), Babachir Lawal and three…
Atiku Denies Lobbying US to Stop Buhari’s Inauguration
Former Vice President, Atiku Abubakar, has denied spending $30,000 to hire a United States’ lobby group to persuade the US Congress to stop the inauguration of President Muhammadu Buhari. The…
Senate to Override Buhari’s Veto on Two Bills
The Senate Wednesday resolved to override President Muhammadu Buhari’s veto of a constitutional amendment bill that seeks to make it mandatory for the President and the governor of a state…
Insecurity: Buhari Cuts Dubai Trip Short, Returns to Abuja
President Muhammadu Buhari returned to Abuja on Tuesday night, a day ahead of schedule. The News Agency of Nigeria (NAN) reports that the president was initially scheduled to return to…
Lagos Has Highest Foreign Debt Profile, Yobe Lowest, Says NBS
The National Bureau of Statistics said Nigeria’s foreign debt stood at $25.27 billion as at December 31, 2018. The NBS said this in “Nigerian Domestic and Foreign Debt data” for…
Femi Otedola opts to bankroll Christian Chukwu’s treatment abroad
The words in the Nigerian national anthem: “The labour of our heroes past shall never be in vain” have been aptly demonstrated by the response of Nigerians to the plight…