$2.2 Billion Loan: CSOs back FG’s request for funds as a necessity for development

…laud Tinubu’s administration for judicious application of resources. The Centre for Social Justice, Equity, and Transparency (CESJET) has backed Federal Government’s request to borrow $2.2 billion to capital projects. The Convener of the Group, Emeka Theodore while addressing journalists on Thursday in Abuja, said the funds are essential to the advancement of revenue-generating plans and […]

APC to Dauda Lawal: You Have More Resources, But You Are Doing Nothing In Zamfara State

 Zamfara State under Dauda Lawal has received the highest financial allocations it has ever received since the State was created, yet it is at its poorest conditions. This was the position of the Zamfara APC Youth League in a Press Statement it delivered last week to the members of the press. In the statement, delivered […]

NNPCL’s Continuous Fuel Importation Threatening Economic Future – NICOCSO Warns

The Nigerian Coalition of Civil Society Organisations (NICOCSO) has accused the Nigerian National Petroleum Company Limited (NNPCL) of sabotaging Nigeria’s economy by ordering over 1.6 billion litres of Premium Motor Spirit (PMS) into the country with the sole aim of strangulation local refineries. Speaking during a press conference in Abuja on Tuesday,  its national spokesperson […]

Federal Government Urges Governors to Ramp Up Efforts to Eradicate Open Defecation in Five Years

The Federal Government has called on state governors to intensify efforts toward eliminating open defecation nationwide within the next five years. Vice President Kashim Shettima, represented by Deputy Chief of Staff Senator Ibrahim Hassan Hadejia, made this appeal during the 5th anniversary of the Clean Nigeria: Use the Toilet campaign in Abuja. Shettima emphasized that […]

Abuja Residents Block Streets After Security Raid, One Feared Dead

Residents of Abuja’s Wuse Zone 5 have taken to the streets in protest following a security raid that targeted suspected drug dealers in the area. The demonstrations, which occurred on Mobassa Street, involved the burning of tyres and the blocking of major roads. According to a local resident, the raid resulted in a gunshot, leaving […]

Black Market Dollar to Naira Exchange Rate and Economic Concerns in Nigeria: November 20, 2024

1. Black Market Dollar to Naira Exchange Rate Today As of Tuesday, November 19, 2024, the exchange rate in Lagos’ black market saw the U.S. Dollar trading for ₦1,738 for buying and ₦1,740 for selling. These figures come from sources within Bureau De Change (BDC) circles. While the black market exchange rate reflects current street […]

Nigerian Daily Update: Key News Headlines for Wednesday, November 20, 2024

Good morning, Nigeria. Here’s a summary of the top news stories making waves across the country today, Wednesday, November 20, 2024. 1. President Tinubu Requests ₦1.767 Trillion Loan to Address Budget Deficit President Bola Tinubu has reached out to the National Assembly, seeking approval for an external loan of ₦1.767 trillion to cover part of […]

Confusion Over Tinubu’s Spokesperson Role as Bwala and Onanuga Make Conflicting Claims

Dispute Over Presidential Communication Team Roles The Nigerian presidency has been caught in a wave of confusion following recent announcements regarding the official spokesperson for President Bola Ahmed Tinubu. On Monday, Daniel Bwala, the Special Adviser on Policy Communications, declared himself as the presidential spokesman—a role previously held by Ajuri Ngelale. Bwala’s Announcement During a […]

Senate Launches Probe into ₦105.7 Billion Financial Irregularities by Federal Agencies

Senate’s Investigation into Financial Misconduct The Nigerian Senate has initiated a thorough investigation into financial discrepancies involving federal government agencies, amounting to ₦105.66 billion. This probe follows concerns raised by the Auditor General of the Federation regarding improper financial practices. Details of the Allegations In his recent annual report on the financial operations of public […]

Makinde Responds to APC’s Southwest Takeover Plans: “We Reject Your Curse

Tensions Rise Over APC’s Plans for the Southwest Oyo State Governor, Seyi Makinde, has criticized the All Progressives Congress (APC) national chairman, Abdullahi Ganduje, following his recent declaration that the ruling party aims to secure political dominance in the Southwest by unseating the Peoples Democratic Party (PDP) from Oyo and Osun states. Ganduje’s Takeover Ambitions […]