Incoming President To Inherit N77 Trillion Debt- DMO
The Director-General of Debt Management Office (DMO), Patience Oniha says the next president of Nigeria would inherit a debt of N77 trillion when the tenure of the APC led administration comes to an end in May. Oniha said on Wednesday when answering questions from journalists at the public presentation and break down of the highlights […]
Exchange May Get To N1000/$, Says Pat Utomi
A political economist, Prof Pat Utomi says the exchange rate of the naira to the dollar may go above $1 to N1,000 if some “dramatic” measures are not taken by the Federal Government on Nigeria’s fiscal and economic policies. He also said the ways and means funding option of the Federal Government through the Central Bank of […]
Buhari SignS N21.83Trn 2023 Budget Into law
President Muhammadu Buhari has signed the N21.83trn budget into law. This is the final budget to be signed by Buhari as its administration ends on May 29, 2022. Speaking at the event, Buhari said the 2023 budget provides for aggregate expenditures of N21.83 trillion, an increase of N1.32 trillion over the initial executive proposal for […]
2023: Obasanjo Endorses Peter Obi For President
Former President Olusegun Obasanjo has endorsed the presidential candidate of the Labour Party, Peter Obi as his preferred contestant for the 2023 general elections. In his 2023 New Year message personally signed by the ex-President and made available to the press by his spokesman, Kehinde Akinyemi, Obasanjo described Obi as his mentee and said the […]
Former Pope Benedict XVI Dies At 95
Pope Emeritus Benedict CVI has died at the age of 95. His death was announced by the Vatican on Saturday. The German-born late pope passed away on Saturday morning in his residence at the Vatican’s Mater Ecclesiae Monastery. Born Joseph Aloisius Ratzinger, he succeeded Pope John Paul II in 2005 and became the first pope […]
Brazil Footbal Legend, Pele, Dies At 82
Brazilian football legend, Pele has died at the age of 82 He is credited with scoring a world record 1,281 goals in 1,363 appearances during a 21-year career, including 77 goals in 92 matches for his country. Pele was only player to win the World Cup three times, lifting the trophy in 1958, 1962 and […]
President Buhari’s Christmas Message 2022
I heartily rejoice with our Christian brothers and sisters on the occasion of this year’s Christmas. Many of us look forward to this festive season as a time to travel, share gifts, spend quality time with family and friends, attend special carols and events, and generally relive the good moments of the year. In whatever circumstances […]
Shell Accepts To Pay €15m Compensation For Oil Spills In Niger Delta Communities
Four Nigerian farmers and their fellow villagers are to receive 15 million euros from the Nigerian subsidy of Shell as compensation for oil pollution in their villages. A leak detection system should prevent future oil spills. According to Friends of the Earth Nigeria, this historic victory at the courts and the acceptance of Shell to […]
BREAKING: Ibadan-Based Comedian, Peteru Dies At 35
A popular comedian, Tobi Owomoyela, a.k.a Peteru,, dies at age 35. He died on Wednesday, 21 December 2022. The cause of his death is yet to be ascertained. He is survived by Bryan, his child, who is with his mother in the United States. His fans and followers have taken to social media to mourn […]
Court Convicts Peter Obi’s Campaign DG, Okupe For Money Laundering
The federal high court sitting in Abuja on Monday has convicted Doyin Okupe, former Senior Special Assistant on Media to ex-President Goodluck Jonathan and current Director General of Presidential Campaign Council (PCC) of the Labour Party for breaching the Money Laundering Act. In the ruling delivered by Justice Ijeome Ojukwu stated that Okupe is guilty […]
