The country’s external reserves fell by $1.46bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The reserves ended February 27, 2023 at $36.67bn. Figures obtained from the CBN’s data on movement of external reserves on Sunday showed that the reserves, which stood at $36.99bn as of the end of…
Obi versus Oyedepo: Too bad! I heard they set up a Committee made up of some Communications experts, headed by our prodigal brother from Nnewi. They are reviewing all calls Obi made in the last three years, and especially now to see if he mentioned Interim Government or anything that will make them prosecute him for…
Federal Government’s borrowing from China has grown by 209.15 per cent under the Major General Muhammadu Buhari (retd.) administration. This is as total bilateral loans rose by 219.91 per cent from $1.58bn as of June 2015 to $5.07bn as of December 2022. Total borrowing from China rose from $1.39bn to $4.29bn in the period under…
In the spirit of non-partisanship, the PDP governor of Oyo state has renamed the First Tech University after the late APC governor, Abiola Ajimobi. The governor announced the name change at the 2nd convocation of the school and posted this on his social media page. He wrote: ‘This morning, we attended the second convocation ceremony…
OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION PRESS RELEASE PRESIDENTIAL TRANSITION COUNCIL DEBUNKS FAKE TWITTER HANDLE The attention of the Presidential Transition Council (PTC) has been drawn to a fake Twitter handle, @TransitionNgr (https://twitter.com/TransitionNgr.) created by unscrupulous persons since April, 2020, even before the establishment and inauguration of the Council. PTC has…
An unspecified number of people have been reportedly killed and hundreds of houses burnt when gunmen in the early hours of Sunday attacked Aloko, a community in Oganenigu Ward of Dekina Local Government Area (LGA) of Kogi State. Daily Trust gathered that the militia in their hundreds launched their latest attack from a base in…
Troops and Special Forces of the Nigerian Army have neutralized 11 bandits in a fierce battle which took place during fighting patrols in Birnin Gwari LGA. Operational feedback to the Kaduna State Government revealed that the troops advanced to several identified locations, and cleared bandit camps in Bagoma, Rema, Bugai, Dagara, Sabon Layi, Gagumi, Kakangi,…
Army repels ISWAP attack on Borno The Nigerian troops deployed in Mafa have repelled attack of the Islamic State West African Province (ISWAP) terrorists on Ajiri Community in Borno State. It was reported that the failed attack was coordinated by the ISAP Commander, Abou Mohammed, in response to the killing of terrorists’ Commander and 41 other fighters. A…
The New Nigeria Peoples Party, NNPP, presidential candidate, Rabiu Kwankwaso, has alleged that fraud committed by the Independent National Electoral Commission, INEC, led to the victory of the President-elect, Bola Tinubu. Kwankwaso alleged that INEC fraudulently allocated votes to Tinubu during the just-concluded presidential election. In an interview with BBC Hausa Service, Kwankwaso pointed out that…
Labour Party’s presidential campaign spokesperson, Kenneth Okonkwo has replied supporters of Labour Party (Obidients) who criticized him for making a statement that confirmed the authenticity of a leaked audio conversation between Labour Party’s presidential candidate, Peter Obi and founder of the Living Faith Church, Bishop Oyedepo, IGBERETV reports. Okonkwo wrote on his Twitter handle; “This…