NNPC secures $3bn oil-for-cash loan to stabilise the naira
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the crude-for-cash funding from the African Export-Import Bank (Afreximbank) headquarters in Cairo, Egypt. While the details are still sketchy, TheCable understands that the NNPC will repay […]
NASA says July 2023 was hottest month since 1880
July was hotter than any other month in the global temperature record, which dated back to 1880, NASA said on Monday. Overall, July was 0.24 degrees Celsius warmer than any other July in NASA’s records, according to scientists at NASA’s Goddard Institute for Space Studies (GISS). July 2023 was 1.18 degrees Celsius warmer than the […]
Institute seeks input from state legislatures for National Action Plan implementation
The National Institute of Legislative and Democratic Studies (NILDS), alongside the UN Women, has called on the state legislatures to domesticate and implement the National Action Plan on Women, Peace and Security in the country. The Director General of NILDS, Prof. Abubakar Sulaiman, made the call at the formal opening of a sensitisation workshop on […]
Gunmen kill newly-wedded couple in Plateau school
Gunmen have killed a newly-married couple, both of whom are teachers at BECO Comprehensive High School, Kwi in Riyom Local Government Area of Plateau State. The gunmen also injured the Vice-Principal of the School. The incident happened on Monday. The Police Public Relations Officer in Plateau, DSP Alfred Alabo, confirmed the incident to journalists. Alabo, […]
Two arraigned for alleged illegal demolition of N800m Lagos property
Two persons – Falilat Oluwayemisi and Adeshina Balogun – have appeared at an Ikeja Magistrates’ Court over alleged illegal demolition of a four-storey building worth N800 million. Oluwayemisi and Balogun are facing a six-count charge of conspiracy and illegal demolition of the building belonging to a Lagos developer, Hakeem Olawuyi. The Prosecutor, SP Josephine […]
SCHOOL FEES INCREMENT IN NIGERIA
By Toyin Falola The statement by Robert Orben that “If you think education is expensive, try ignorance” is logically correct, and its level of reasonability cannot be contested. When directed toward the people, the message seems to be a cliché used by government institutions and others who have been ringing the bells of school […]
Ex-lawmaker lauds Uzodimma over choice of female running mate
A former member of the Imo House of Assembly, Mrs Ngozi Obiefule, has described Gov. Hope Uzodimma’s choice of a female running mate as evidence of his commitment to gender balance. Obiefule, a two-term representative of the Isu State constituency in Imo, said this while interacting with journalists in Owerri on Monday. Gov Uzodimma, candidate […]
Southeast needs to embrace other geopolitical zones to win presidency, says Senator
The Southeast must embrace other geopolitical zones in politics to get its fair share of Nigeria, Sen. Onyekachi Nwebonyi (APC- Ebonyi North) said in Abakaliki on Monday. Nwebonyi, vice-chairman of the Senate Committee on Appropriation and Water Resources told a news conference that the zone must play politics that would accommodate it fairly in the […]
Journalist to run in place of murdered Ecuador election candidate
The party of the murdered Ecuadorian presidential candidate Fernando Villavicencio has changed its decision on his successor in the upcoming elections. The Build Ecuador Movement will now field journalist Christian Zurita in next Sunday’s presidential elections, it announced at a news conference Sunday in Quito. Initially, the party had said on Saturday that Villavicencio’s running […]
Is there Still Hope for Nigeria?
By Toyin Falola It is a pleasure to have been invited to participate in the Dean’s Forum, University of Lagos. By starting his Deanship term with the Dialogue Series initiative, Professor Adelaja Odukoya has signalled that his good office will bring fame to the University and usable knowledge to our country and continent. It was […]
