Nigerian Army to Strengthen Fight Against Insecurity with Modern ...
Dec 18, 2024 · The Chief of Army Staff (COAS), Lt. Gen. Olufemi Oluyede, has announced the Nigerian Army’s commitment to adopting innovative strategies and modern technology to combat terrorism, banditry, and other violent threats to Nigeria’s security. Speaking at the closing ceremony of the COAS Annual ...
Tinubu to Present N47.96 Trillion 2025 Budget to National …
Dec 17, 2024 · The Federal Government has scheduled Wednesday, December 18, 2024, for President Bola Tinubu to present the 2025 budget proposal, valued at N47.96 trillion, to the National Assembly. This was revealed by the Minister of Budget and Economic Planning, Atiku Bagudu, during a press briefing following Monday’s Federal Executive Council (FEC) meeting, which was chaired […]
SEC to Launch Comprehensive Fintech Guidelines by 2025
4 days ago · The Securities and Exchange Commission (SEC) has announced plans to roll out detailed regulations for Nigeria’s fintech sector by 2025. Dr. Emomotimi Agama, SEC’s Director-General, disclosed this on Monday in Abuja, emphasizing the commission’s commitment to ensuring transparency, integrity, and innovation in regulating the …
Dangote Refinery Refutes NNPCL’s Claims on $1bn Investment
Dec 18, 2024 · The Dangote Petroleum Refinery has accused the Nigerian National Petroleum Company Limited (NNPCL) of misrepresenting facts about its $1 billion investment in the refinery. The company clarified that the crude-backed loan represents only 5% of the total funding required to build the 650,000 barrels ...
FEC Approves 2025 Budget With N47.96 Trillion Spending Plan
Dec 16, 2024 · This represents a 36.8% rise from the 2024 budget. The approval took place during the last FEC meeting of the year in Abuja. Key assumptions for the budget include an oil price of $75 per barrel, daily production of 2.06 million barrels, and an exchange rate of N1,400 to the dollar. The projected ...
Nigerians Pay N2.3 Trillion in Ransoms Within a Year – NBS Report
Dec 17, 2024 · Nigerians spent an alarming N2.3 trillion on ransom payments over a 12-month period, according to the latest report from the National Bureau of Statistics (NBS). The 2024 Crime Experience and Security Perception Survey (CESPS), released on Tuesday, revealed that between May 2023 and April 2024, 65%
Bernard Odoh Kicks Against His Removal As UNIZIK VC
Nov 21, 2024 · Professor Bernard Odoh, recently dismissed as Vice-Chancellor of Nnamdi Azikiwe University (UNIZIK), Awka, has raised concerns over the manner of his removal.
Supreme Court Dismisses Suit Seeking To Sack Tinubu From Office
Dec 16, 2024 · The Supreme Court has dismissed a legal challenge seeking to remove President Bola Tinubu from office, imposing a fine of ₦5 million on the plaintiff, Ambrose Owuru. Owuru, a former presidential candidate of the now-deregistered Hope Democratic Party (HDP), claimed Tinubu’s presidency was ...
National Assembly Adjusts Budget Timelines, 2025 Budget To Be …
Dec 18, 2024 · The National Assembly has resolved to extend the 2024 budget beyond December, with the 2025 budget unlikely to take effect by January 1. This shift stems from the late submission of the 2025 budget proposal by President Bola Tinubu, disrupting the practice of starting a new year with a new fiscal plan.
Former Kogi Deputy Speaker Passes Away in Abuja - News Digest
Dec 14, 2024 · Enema Paul, the immediate past Deputy Speaker of the Kogi State House of Assembly, has passed away. He reportedly died on Saturday morning in a private hospital in Abuja after battling an undisclosed illness. Paul, who represented Okura State Constituency in the 8th Assembly, stepped down from his ...
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