News
FG Approves ₦30bn Metering Fund For DisCos, Orders Free Installation By May 2027
The Federal Government has approved ₦30 billion for the third tranche of the Meter Acquisition Fund (MAF), directing electricity distribution …
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Rotary International leads the campaign for peace in Nigeria and globally towards development
From left: The Alara of Ilara, Oba Olufolarin Olukayode Ogunsanwo; Director of Partnerships at the Institute for Economics and Peace, …
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Withheld LG Funds: Osun Workers Shut Down Secretariat, Assembly, Local Government Offices
By Ayo Kehinde Government activities across Osun State came to a standstill on Monday as workers shut the State Government …
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NiMet Forecasts Dust Haze, Thunderstorms Across Nigeria
The Nigerian Meteorological Agency (NiMet) has forecast dust haze, thunderstorms and rainfall across parts of the country from Monday to …
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Tinubu Ramps Up Completion of Rail Projects in Northern Nigeria
*Kaduna-Kano rail set for December 3 inauguration *Kano-Katsina-Maradi rail project reaches 70% completion President Bola Ahmed Tinubu is accelerating the …
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NAF Recovers Cockpit Voice Recorder From ATR-42 Crash Site In Ondo
By Ayo Kehinde The Nigerian Air Force (NAF) has recovered an intact Cockpit Voice Recorder (CVR) from the scene of …
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Business
FG Debt Servicing May Consume 72 Percent of Revenue by 2030, SaysDMO
Nigeria’s Debt Management Office, DMO, has raised the alarm that at the current rate of borrowing, the Federal Government’ debt servicing may consume 72 percent of revenue by 2030, raising concerns about the funds available for infrastructure, healthcare, education and other public services. The Debt Management Office projects that the debt service-to-revenue ratio will reach 71.7 percent by 2030 under its baseline scenario, significantly above the agency’s recommended threshold of 50 per cent. The projection, contained in the DMO’s 2024 Debt Sustainability Analysis report released on Monday, highlights the growing fiscal pressure associated with servicing the country’s debt, despite an expected decline in public debt relative to the size of the economy. The figures point to a widening fiscal challenge: Nigeria …
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FG Seeks $500m World Bank Loan for $3.85bn Infrastructure Platform
The Federal Government is seeking a fresh $500m loan from the World Bank to establish an infrastructure financing platform designed to attract private investment into critical sectors of the Nigerian economy, according to the global bank’s document exclusively obtained by The PUNCH. The proposed facility, scheduled for approval on May 25, 2027, would come just four days before the inauguration of Nigeria’s next president, raising questions about the timing of a major financial commitment as the country prepares for a change of administration. According to the World Bank’s Initial Project Information Document, the proposed loan forms part of a broader $3.85bn infrastructure financing initiative known as the Nigeria Infrastructure Financing and De-Risking Platform for Growth and Jobs, or INFRAGROW. The …
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Nvidia Investigates CEO Jensen Huang Over Affair With Suspected Chinese Spy
By Ayo Kehinde American multinational technology company Nvidia has opened an independent investigation into its chief executive, Jensen Huang, after reports emerged that he had an intimate relationship with a businesswoman whom American intelligence officials suspect of working for China, bringing one of the world’s most influential technology executives under scrutiny over a possible espionage operation. The chipmaker’s board announced the investigation on Sunday, November 8, after Huang acknowledged an extramarital relationship and apologised to employees, his family and shareholders. A committee of independent directors will supervise the inquiry with assistance from outside legal counsel. Nvidia said Huang supports the investigation and will continue leading the company. The allegations concern Alice Huang, a former executive at Singapore-based Megaspeed, a company …
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NRS Woos Content Creators for Tax Incentives
By Ayo Kehinde The Nigeria Revenue Service (NRS) has urged content creators and other operators in the creative industry to formalise their businesses, obtain tax identification numbers and maintain proper financial records to benefit from available tax incentives and investment opportunities. Officials of the agency made the call during a tax policy discussion on Thursday at the ongoing Creative Africa Nexus Weekend 2026 in Lagos, where they outlined how Nigeria’s tax reforms could support creative entrepreneurs, improve compliance and attract investment. Speaking during a panel session, an Assistant Director in the NRS Field Operation Monitoring Department, Simeon Onyegbula, said business registration and accurate record-keeping were essential to accessing applicable tax reliefs. “Formalise, register, and obtain a tax ID. Keep proper …
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UN, EU, others lead partners to drive investors to Borno
…Zulum pledges business-friendly reforms By Salihu Ndahi, Maiduguri The United Nations (UN), European Union (EU), German Government and other development partners are supporting efforts to attract private investors to Borno State to create jobs and help displaced families rebuild their livelihoods. Speaking at the third Borno State Private Sector Engagement and Investment Roundtable on Thursday in Abuja, representatives of the United Nations, the EU, and the German Embassy pledged continued support for the state’s recovery through investment. Governor Zulum’s administration began the initiative with a roundtable in Lagos, focusing on financing bankable projects and supporting small and medium-sized enterprises, followed by a second in Kano centred on agriculture, livestock, fisheries and infrastructure. Over 50 prospective investors attended the Abuja roundtable …
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Others…
24 FUL Graduands To Bag First Class Degrees At 10th Convocation Ceremony
From Joseph Amedu, Lokoja Twenty-four graduating students of the Federal University, Lokoja, will on Saturday, 14th November, 2026, be conferred …
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Police Confirm Escape of Two Convicted Inmates from Kogi Prison
From Joseph Amedu, Lokoja The Kogi State Police Command has confirmed the escape of two convicted inmates from the Okene …
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/ CRIME
CNPP Demands Independent Forensic Audit Of INEC, Says Electoral Fraud Is Attack On Nigeria’s Sovereignty
The Conference of Nigeria Political Parties (CNPP) has declared that electoral fraud is an attack on Nigeria’s sovereignty and constitutional …
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/ POLITICS
2027 Elections: INEC Indicts 54 Officials, Cleans1.6m Invalid Records From Voter Register
From Victor Osula, Abuja The Independent National Electoral Commission (INEC) has expunged 1,609,553 invalid entries and records of deceased persons …
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Youth Confab: Tinubu Directs Ministries, States to Execute 18-Point Resolutions
From Victor Osula, Abuja President Bola Tinubu has directed the Federal Ministry of Youth Development to immediately commence the implementation …
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2027 Polls: Court Of Appeal Deploys 375 Judges To Election Tribunals
From Victor Osula, Abuja The Court of Appeal has inaugurated 375 judges for election petition tribunals across the country ahead …
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/ POLITICS
Billionaire Senator and Lazy, Hungry Nigerians, By Lasisi Olagunju
On November 26, 1926, Sanusi Adebisi Giwa (Adebisi Ìdí Ìkán), Ibadan’s legendary philanthropist, was installed as the Ashaju Baale of …
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A Nigerian Elite Consensus without conscience is conspiracy, By Prince Charles Dickson
Prince Charles Dickson, Ph.D. When the drum of revenge is beaten, even those who did not dance will hear its …
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Ugandan Woman Arrested With 87 Wraps of Cocaine Concealed In Private Parts After Lagos Crusade
A 34-year-old Ugandan woman, Ms. Farida Nansubuga, has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) …
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Vigilantes Rescue Abducted Dangote Cement Worker
From Joseph Amedu, Lokoja Operatives of the Kogi State Vigilante Service (KSVS), in collaboration with local hunters, have rescued a …
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/ CRIME





