Tinubu Names Ibok-Ete Ibas, Ita Enang, Chioma Ohakim, Others As Non-Career Ambassadors
From Victor Osula, Abuja President Bola Tinubu has submitted a fresh list of non-career ambassadorial nominees to the Senate for …
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US Announces Visa Ban For Perpetrators Of Religious-Freedom Violations In Nigeria
By Ayo Kehinde The United States has imposed visa restrictions on individuals — including their immediate family members — who …
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Senate Confirms Ex-CDS Gen. Musa As New Defence Minister
From Victor Osula, Abuja The Nigerian Senate has confirmed the appointment of the immediate-past Chief of Defence Staff, General Christopher …
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Insecurity: NEC Approves N100bn For Rehabilitation Of Security Agencies’ Training Institutions, Others
*VP Shettima says economic reforms must deliver visible impact to Nigerians across states The National Economic Council (NEC) has approved …
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Troops Rescue Six Abducted Ejiba Church Victims At Saminaka Forest In Kogi
From Joseph Amedu, Lokoja Troops of 12 Brigade Nigerian Army have recorded another operational success with the rescue of six …
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NERC Urges DisCos To Fast-Track Nationwide Distribution Of 700,000 Electricity Meters
The Nigerian Electricity Regulatory Commission (NERC) has revealed that between 600,000 and 700,000 electricity meters are currently available for deployment …
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First Lady Tinubu Marks World Disability Day with Business Support to PWDs
Nigeria’s First Lady, Senator Oluremi Tinubu has provided a financial support of N200,000 Naira to N9,500 to Persons with Disabilities, across the country. She flagged off the disbursement with 250 physically challenged military and police veterans at Mambilla Barracks, Abuja, to mark this year’s World Disability Day Senator Oluremi Tinubu stated her conviction that the nation grows stronger when every individual is empowered to contribute meaningfully. “This event holds special significance as it coincides with the International Day of Persons with Disabilities, and is being launched simultaneously across the 36 States of the Federation, the Federal Capital Territory, and the Defence and Police Officers’ Wives Association (DEPOWA)”. “Our nation grows stronger when every individual is empowered to contribute meaningfully. As …
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Ododo Presents N820 Billion Draft Budget For 2026 To Kogi State House Of Assembly
From Joseph Amedu, Lokoja The Kogi State Governor, Alhaji Ahmed Usman Ododo on Tuesday, Presented N820,490,585,443 Draft Budget for the 2026 fiscal year to Kogi State House of Assembly. The proposed recurrent expenditure stands at N367,448,083,683 and capital expenditure, N453,042,501,760 respectively. The Budget tagged: Budget Shared Prosperity: Driving Sustainable Growth for All; when compared with the 2025 revised budget has an increase of N215,961,592,725 Governor Ododo while making the presentation at the State House of Assembly Complex, said that the 2026 budget proposal reflect a robust and balanced financial strategy that emphasizes enhanced revenue generation, strategic control, and strong commitment to capital investment. He noted that the significant increase in both recurrent revenue and capital expenditure underscores government’s determination to …
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How Nigerians’ bank deposits end up funding government, not growth
When Nigerians queue at bank counters or tap “transfer” on their phones, they believe their deposits fuel the economy, funding small businesses, mortgages, and manufacturing. But a deep look into the 2025 third-quarter financial statements of the country’s biggest lenders reveals a different reality: only a fraction of customers’ deposits is used to finance the real economy. The rest is tied up in government securities, pledged assets, or parked as liquidity buffers, the quiet machinery that keeps banks profitable but leaves businesses starved of credit. The invisible balance-sheet pivot Across five major lenders, Zenith Bank, Guarantee Trust Holding Company (GTCO), First Bank, Access Bank, and United Bank for Africa (UBA), customer deposits now total well over N110 trillion. Yet less …
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Domestic Borrowing Pushes Nigeria’s Public Debt To N152.39trn In Q2 2025
From Victor Osula Abuja Nigeria’s total public debt stock rose to N152.39 trillion in the second quarter of 2025, driven largely by an uptick in domestic borrowing, according to figures published on Monday by the National Bureau of Statistics (NBS). The new data shows a 2.01 percent increase from the N149.38 trillion recorded in the first quarter of 2025. By, In dollar terms, the nation’s total public debt climbed to US$99.65 billion in Q2 2025, up from US$97.23 billion in the previous quarter. A breakdown of the debt profile indicates that external debt stood at N71.84 trillion (US$46.98 billion), comprising obligations to multilateral agencies, bilateral partners, and commercial lenders. Domestic debt, which continues to account for a significant share of …
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Tinubu Approves National Tax Policy Implementation Committee
President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC). The committee, which Mr Joseph Tegbe chairs, will ensure the implementation of the administration’s landmark tax reforms in line with the economic aspirations of the government and the people of Nigeria. Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, will oversee the committee’s work. The Committee will undertake extensive consultations across the public and private sectors to ensure broad-based input into the implementation process. Its chairman, Tegbe, is a Fellow of both the Institute of Chartered Accountants of Nigeria (FCA) and the Chartered Institute of Taxation of Nigeria (FCIT). He has over 35 years of professional experience across the public …
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Tinubu Receives Letters of Credence from 27 Ambassadors, 4 High Commissioners
President Bola Tinubu, on Thursday in Abuja, assured the global community that Nigeria remains fully committed to promoting peace, harmony, …
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Senate Summons Finance, Education Ministers Over $30m Safe School Funds Amid Rising Attacks
From Victor Osula, Abuja The Senate has summoned key ministers and security chiefs to account for the utilisation of more …
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Four Die As Bandits Launch Attack In Kogi Community
From Joseph Amedu, Lokoja Four persons were reportedly dead on Wednesday when suspected bandits launched attack on Irunda Ile Community …
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Jeunalists Must Have A Uniform Like Policemen, By Uzor Maxim Uzoatu
Jeunalists have replaced journalists in Nigeria. There used to be journalism in Nigeria but now what we do have is …
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Akpabio to Senators: ‘Donald Trump is on our Neck You Say Take A Bow and Go!”‘
From Victor Osula, Abuja There was a mild drama at the Senate during the screening of General Chris Musa, Ministerial …
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Navy Offers Medical Rhapsody In Kogi To Boost Healthcare Services
From Joseph Amedu, Lokoja The Nigerian Navy Ship Luguard has embarked on Medical Rhapsody across the three senatorial districts of …
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Osun 2026: We’ve Not Selected Governorship Candidate – ADC
By Ayo Kehinde The African Democratic Congress (ADC) has refuted reports claiming it has picked a governorship candidate for the …
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FG Launches Renewed Hope Campus Transport Scheme, Deploys 240 Solar E-Tricycles To 12 Universities
The Federal Government, on Tuesday, flagged off the Renewed Hope Campus Transport Scheme, a nationwide clean-mobility initiative aimed at easing …
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Ambassadorial List: Disgrace or Patronage, By Promise Adiele
After what seemed like eternity, President Bola Tinubu, as a ‘master strategist’ potentate, announced the names of those nominated as …
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Atiku Receives ADC Chairmen, Backs Shehu Yohanna as Adamawa ADC Chairman
The former Vice President of Nigeria and chieftain of the African Democratic Congress (ADC), Atiku Abubakar, has received the State …
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