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The Debt Management Office (DMO) stated on Wednesday that the country added N191 billion to its debt stock between January and March. As a result, Nigeria’s overall debt has increased to N33.107 trillion as of the end of March 2021, up from N32.916 trillion in December 2020. The debt stock comprises of the Federal Government of Nigeria, 36 state governments, and...

The House of Representatives Wednesday passed for second reading, a bill seeking establishment of state security outfits that complement the operations of the Nigeria Police Force. The bill titled ‘A Bill for an Act to Alter the Provisions of the Constitution of the Federal Republic of Nigeria 1999 to Give Legal Backing to State Security Outfits to Complement the Nigeria...

The ruling All Progressives Congress (APC) has set up a 7-member screening committee for aspirants seeking the party’s ticket for the November 6, 2021, governorship election in Anambra State. In a statement on Wednesday, Secretary of the APC Caretaker/Extraordinary Convention Planning Committee, Sen. John James AkpanUdoedehe, said the committee is expected to conduct the screening exercise in line with the...

President Muhammadu Buhari on Wednesday received the first made in Nigeria cell phone, known as ITF Mobile. The News Agency of Nigeria (NAN) reports that the Minister of Industry, trade and Investment, Adeniyi Adebayo, presented the phone to the president, before the commencement of Wednesday’s Federal Executive Council meeting in Abuja. According to Adebayo, the phone is one of the 12...

Former President Olusegun Obasanjo says it is “almost idiotic” to push for Nigeria’s disintegration at a period that Africa gears towards political, social and economic reintegration.   He said this in Abeokuta, Ogun State, at the luncheon and investiture of Kehinde Isijola as the new chairman of Nigerian Institution of Surveyor (NIS), Ogun State chapter, on Wednesday. The programme held at the...

The Judicial Staff Union of Nigeria (JUSUN) has called off its nationwide industrial action. The decision to call off the strike followed a meeting between JUSUN executives and the National Judicial Council (NJC) led by the Chief Justice of Nigeria (CJN), Justice Ibrahim Muhammad. Both parties agreed that the strike should be called off in the interest of the nation and...

THE Federal Executive Council, FEC, Wednesday approved the draft 2021 supplementary budget of N895,842,462,917. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this while briefing State House correspondents at the end of the Council meeting presided over by President Muhammadu Buhari at the presidential villa, Abuja. The Minister explained that the budget was principally for the procurement...

Hajiya Asia El-Rufai, wife of the Governor of Kaduna State has said that there should be a sacrifice on the part of Nigerians to end banditry and kidnapping, insisting that no ransom should be paid if she is kidnapped. Asia spoke on Wednesday in Kaduna while addressing participants of a peace and security training, organized for Kaduna women by Equal...

Imo State deputy governor, Prof. Placid Njoku, has dismissed reports of his resignation, urging Imo people and the public to disregard it as it is fake news. “My attention has been drawn to the fake news circulating in the social media purporting that the deputy governor of Imo State, His Excellency Prof Placid Njoku has resigned, Njoku’s Chief Press Secretary,...

On Tuesday, the South African Rand, Ghanaian Cedi, Egyptian pounds and Kenyan Shilling all climbed against the Nigerian Naira. Data from Google finance provided by Reuters showed Naira fell to the South African Rand by 0.13 percent to close at N30.40 from N30.36 it opened the week on Monday. Similarly, one Ghana cedi rose from N70.53 when trade began on Monday...