President Tinubu Seeks National Assembly Approval for $8.6bn, €100m External Loans
President Bola Tinubu has written the National Assembly seeking the approval for $8.6bn and €100m external borrowing plan for investing in power, roads, water, railway, and healthcare. President Tinubu’s request was contained in a letter read by the President of the Senate, Godswill Akpabio, during plenary on Tuesday. In the letter, President Tinubu said the […]
Court Adjourns Emefiele’s Case till January 18, after Failing to Meet Bail Requirements
The Federal Capital Territory High Court, has adjourned the procurement fraud case leveled against the former Governor of the Central Bank, Godwin Emefiele. The court adjourned the trial of Emefiele to January 18 and 19, 2024. He is standing trial on a six count charge on alleged fraudulent procurement of vehicles to the tune of […]
Lagos Issues 7-Day Ultimatum to Landlords of Buildings along Ikota River
The Lagos State Commissioner for the Environment and Water Resources, Tokunbo Wahab, has issued a 7-day notice to owners of buildings lying within the seven-metre setback on Orchid Road, Agungi, Ajiran, Conservation Road, Osapa all along the Ikota River. Tokunbo Wahab gave the warning after an extensive inspection tour to System 156 and 157 Channel […]
Israel-Hamas Ceasefire Agreement Extended by 2 Days
The ceasefire agreed between Israel and Hamas in the Gaza Strip will be extended by two days, after further negotiations brokered by Qatar, opening the way for further releases of hostages and prisoners. The original 4-day ceasefire was due to expire on Monday night, but with just hours to go before it ended, Hamas said that […]
President Tinubu to Present 2024 Budget of N27.5 Trillion on Wednesday
President Bola Tinubu will on Wednesday present the 2024 budget estimates of N27.5 trillion to a combined sitting of the National Assembly. This is according to a memo dated November 27, 2023, signed by the National Assembly’s Secretary of Human Resources and Staff Development, Shuaibu Maina. “I am directed to inform you that the 2024 […]