NIGERIA’S total public debt rose to N25.7trillion ($83.882billion) by the end of June 2019, according to the Debt Management Office (DMO). This is an increase of about N753billion over the N24.947trillion reported by the government agency as the total debt as of the end of March. According to the figures released ...
Read More »Monthly Archives: October 2019
Atiku’s Appeal: CUPP Fires Back At Supreme Court
• Says its attacks, a confirmation of unholy alliance of Apex court, APC The opposition Political Parties under the umbrella of “Coalition of United Political Parties (CUPP)” on Tuesday expressed dismay over a statement credited to the Supreme Court in which the apex court descended heavily on the coalition for ...
Read More »Access Bank Records Over N1bn In Daily Digital Lending
Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value. According to Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, in the past two years, the bank has disbursed over ...
Read More »Osinbajo: Govt can’t provide adequate health care for Nigerians
Vice-President Yemi Osinbajo says the federal government cannot adequately provide health care services for the entire Nigerian population. Osinbajo said this on Tuesday at the national health dialogue organised by Premium Times in Abuja on Monday. Represented by Nicolas Audiferren, his chief physician, Osinbajo said an effective national health insurance scheme ...
Read More »Oshiomhole: Obaseki considering dumping APC
Adams Oshiomhole, national chairman of the All Progressives Congress (APC), says Godwin Obaseki, governor of Edo state, is contemplating dumping the ruling party. In a statement issued on his behalf by Simon Ebegbulem, his spokesman, the national chairman said the governor wants to create crisis in the party before making ...
Read More »FirstBank sponsors Kaduna polo ‘Georgian Cup’ for 100th year
First Bank of Nigeria Limited has announced its sponsorship of the Georgian Cup of the Kaduna polo tournament for the 100th year. In a statement issued on Tuesday, the bank said the decision to continue its support of the tournament is due to its commitment to the growth and development ...
Read More »Crisis rocks Senate over secret recruitment
Crisis is allegedly brewing in the Senate over the employment slots allocated to the lawmakers by some federal agencies. Some aggrieved senators have vowed to resist the sharing method allegedly adopted by the leadership of the Senate to allocate the slots. Investigations by our correspondent revealed that the agencies gave ...
Read More »Border closure pushed inflation to 11.24% – NBS
The Consumer Price Index released by the National Bureau of Statistics on Tuesday showed inflation index rose to 11.24 per cent in September, barely a month after the border closure. The 11.24 per cent represents an increase of 0.22 per cent when compared to the 11.02 per cent recorded in ...
Read More »Nigeria insists Shell, Mobil, Chevron, others should pay $62 billion ‘arrears’
The Nigerian government has vowed to recover over $62 billion it claims as arrears of profits due it from 1998 under the production sharing contracts (PSCs) between the Nigerian National Petroleum Corporation (NNPC) and its joint venture partners. The international oil companies have taken the matter before the Federal High ...
Read More »Grateful Staffs Serenades Seyi Tinubu on Birthday…Organises Surprise Bash for Him
Teach us to number our days is a popular saying when birthdays are been celebrated, but it is very few who could say they have gained any sort of wisdom apart the unnecessaries. It will be right to say one of the few is Seyi Tinubu, the son of one ...
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