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President Tinubu's leadership positions Nigeria at the forefront of African representation at COP28, despite economic struggles. Ranked third globally after China and Brazil, Nigeria boasts 1,411 registered delegates, including 821 official participants. However, this development has sparked...
Nigeria
Nigeria's 2024 Budget Debate: National Assembly Contends with Lack of Details and Fiscal Priorities
The National Assembly hinted at the passing of the 2024 Appropriation Bill amounting to N27.5tn on December 19, sparking heated debates and concerns over the lack of crucial details in the proposed budget.
Earlier in the day, both the Senate and the House of Representatives swiftly moved the...
In a startling revelation, Yusuf Galambi, a member of the House of Representatives representing Gwaram federal constituency of Jigawa State, has accused President Bola Tinubu of presenting 'empty' boxes, purportedly containing the 2024 budget, to the joint session of the National Assembly...
In the wake of GlaxoSmithKline's (GSK) exit from Nigeria in August 2023, the nation has witnessed an alarming surge in the cost of drugs and pharmaceuticals. This unprecedented increase has far-reaching implications, widening the social gap and restricting access to healthcare for many...
Nollywood actress Shaffy Bello voices her displeasure with younger individuals addressing her by her first name, deeming it disrespectful.
In a recent episode of the Me, Her And Everything Else podcast, Bello expressed irritation when greeted with a casual 'Hi' and a wave.
Despite...
Nigeria
Tinubu and German Chancellor Scholz Ink Agreement for Extensive Grid Expansion and Energy Overhaul with Siemens Partnership
President Bola Tinubu has inked an agreement with German Chancellor Olaf Scholz to enhance Nigeria's grid capacity and elevate electricity supply. The deal, aimed at expediting the Presidential Power Initiative (PPI), was signed during the ongoing COP28 in Dubai.
Initiated in 2019, the PPI...
Nigeria
Naira Plummets by 11.40% to N927.19/$ at Official Exchange Market Despite CBN's Stabilization Efforts
The Nigerian Naira experienced a significant 11.40% depreciation, landing at N927.19 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the official exchange rate window.
This marks a notable drop from the previous day's rate of N832.32. FMDQ Securities Exchange data...
Abdul Samad Rabiu, the influential chairman of BUA Group, has declined the All Progressives Congress (APC) appointment to the party's finance standing committee. The decision comes as the APC released the much-anticipated lists of its standing committees, unveiling key figures to oversee crucial...
The Federal Government of Nigeria has announced that, beginning February 2024, passengers arriving in the country will no longer engage with immigration personnel at international airports. The revelation was made by the Minister of Interior, Olubunmi Tunji-Ojo, during the unveiling of the newly...
The Central Bank of Nigeria (CBN) has issued a circular outlining its plans to freeze accounts lacking a Bank Verification Number (BVN) or National Identification Number (NIN) starting April 2024. The announcement, detailed in a Friday circular, revealed that a BVN or NIN verification process...
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