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FG cancels $717.7m World Bank loan for power

Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.

Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.

Gunmen Attack Plateau Community, Several Feared Dead as Tension Grips Jos

KEY POINTS Gunmen on a motorcycle opened fire in Anguwan Rukuba, Jos North, leaving...

Kwankwaso Resigns From NNPP

KEY POINTS Rabiu Kwankwaso resigned from the NNPP, citing the need for “strategic realignment”...

Tinubu Marks 74th Birthday, Thanks Nigerians and Expresses Optimism for National Recovery

KEY POINTS Tinubu marked his 74th birthday with gratitude to Nigerians for prayers, support,...

Kano Deputy Governor Aminu Abdulsalam Gwarzo Resigns

KEY POINTS Kano Deputy Governor Aminu Abdulsalam Gwarzo resigned following tensions and misconduct allegations...

Gunmen abduct six health workers from Ondo clinic in midnight raid

Armed men stormed a health facility in Akure before dawn Saturday, abducting six workers in a raid that shook the entire community.

Cancer is quietly bankrupting Nigerian families, experts warn

Nigerian families are spending millions fighting cancer as specialists warn that fear, late diagnosis and a broken health system are costing lives.

EFCC Denies Involvement in Kwara Polytechnic Protest

KEY POINTS EFCC denies involvement in Kwara Polytechnic protest Agency says sting operation occurred...

Court Issues Arrest Warrant for Turaki, Factional PDP Chairman

KEY POINTS FCT High Court issues arrest warrant for Kabiru Turaki, factional PDP chairman ...

APC Prepares for National Convention in Abuja, says Idris

KEY POINTS APC prepares for national convention at Eagle Square, Abuja, with over 8,400...

Kano Governor Sacks Commissioner for Investment, Commerce, and Industry

KEY POINTS Kano State Governor Abba Kabir Yusuf sacks Commissioner Shehu Wada Sagagi, handing...

Survey finds 70% of female students face gender-based violence on Nigerian campuses

A new national survey finds most Nigerian university students have faced gender-based violence, with female students bearing the heaviest toll on campus.

NLC warns Nigeria is losing the fight against corruption and illicit financial flows

Nigeria Labour Congress says the country is losing its war against corruption, warning that a parasitic elite has effectively captured the state.

Latest articles

FG cancels $717.7m World Bank loan for power

Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.

Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.

Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.

UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.