Nigeria Retains Position as Third-Largest World Bank IDA Borrower
Nigeria has maintained its position as the third-largest borrower from the International Development Association (IDA), the concessional lending arm of the World Bank, despite a…
Author: Joseph
FG Cancels $717.7m World Bank Power Loan Amid Electricity Sector Crisis
The Federal Government has cancelled $717.7 million in undisbursed World Bank funding meant for Nigeria’s electricity sector, ending part of a $1.52 billion power recovery…
Lagos WAEC Registration Fraud Allegation
Parents and students of Transfield College in the Wooden Onirin area of Lagos State have reportedly been thrown into confusion and distress following allegations surrounding…
Cooking Gas Price Hike May Trigger Public Outrage — LPG Marketers Warn FG
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has raised concerns over the sharp increase in cooking gas prices, warning that the situation could…
Court Orders Company To Remove ‘Naira’ From Name
A Federal High Court in Abuja has ordered eNaira Payment Solutions Ltd to stop using “Naira” in its name and permanently restrained the company from…
Tinubu Blames Fuel Subsidy, Forex Cabals for Rising Insecurity in Nigeria
President Bola Tinubu has claimed that individuals who once benefited from Nigeria’s corruption ridden fuel subsidy system and multiple foreign exchange windows are behind the…
Tinubu Blames Fuel Subsidy, Forex Cabals for Rising Insecurity in Nigeria
President Bola Tinubu has claimed that individuals who once benefited from Nigeria’s corruption ridden fuel subsidy system and multiple foreign exchange windows are behind the…
Anambra Police Arrest Officer Over Viral Shooting Threat Video
The Anambra State Police Command has arrested a police officer who went viral after threatening to shoot anyone recording him while on duty, confirming that…
Anambra Police Arrest Officer Over Viral Shooting Threat Video
The Anambra State Police Command has arrested a police officer who went viral after threatening to shoot anyone recording him while on duty, confirming that…
Femi Otedola to Invest $100m in Dangote Refinery Ahead of IPO
Femi Otedola, chairman of First HoldCo, has announced plans to invest $100 million in the upcoming private placement of Dangote Refinery. Otedola disclosed the investment…