W’Bank plans $1.65bn loans for Nigeria next year

The World Bank is set to decide on three major loan projects for Nigeria in 2025, totalling $1.65bn, as part of efforts to address critical developmental challenges in the country. The loans, currently in the pipeline, will focus on internally displaced persons, education, and nutrition enhancement. According to information obtained from the World Bank’s website, […]

Police Say Nigerian Governors Aware Of Roadblocks They Mount

The Police High Command says state governors are aware of the roadblocks mounted by its personnel either on major highways or some intercity roads in their respective locations. According to DailyTrust, it also said that Nigerians abroad are trooping into the country to enjoy Christmas in their respective communities sequel to improved security situation in […]

EFCC Arraigns Bankers For Currency Racketeering In Enugu

The Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Thursday, December 12, 2024 arraigned the duo of Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye, staff of one of the new generation banks, before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu State for allegedly selling newly-minted […]

EFCC recovers N248b, $105m, other confiscated assets in 2024

The Office of the National Security Adviser (ONSA) announced on Monday that the Economic and Financial Crimes Commission (EFCC) has reclaimed over N248 billion, $105 million, and 753 duplexes in its asset recovery efforts. This was disclosed by the Director of Legal at ONSA, Mr. Zakari Mijinyawa, during the Strategic Communications Inter-Agency Policy Committee Meeting. […]

No plans for French military base in north-east, says DHQ

The Defence Headquartres (DHQ) has dismissed reports alleging plans to site a French military base in the north-east. Edward Buba, director of defence media operations, reacted in a statement on Monday. In an X post on Saturday, Mahdi Shehu, a public affairs and political commentator, alleged that a French military base would soon be sited […]

FG renames UniAbuja Yakubu Gowon varsity

The Federal Executive Council on Monday approved the renaming of the University of Abuja as Yakubu Gowon University. The Minister of Information and National Orientation, Mohammed Idris, revealed this to State House correspondents after the council held its last meeting for 2024 at the Aso Rock Villa, Abuja. Idris said, “The third item is that […]

Tinubu approves free train rides for two weeks

President Bola Tinubu has approved free train rides nationwide from December 20, 2024, to January 5, 2025. This is part of measures to ease transportation costs during the Christmas and New Year celebrations, the Minister of Information and National Orientation, Mohammed Idris, told State House correspondents in Abuja. Idris explained, “As we did last year, […]

FG okays 2025 budget, sets $75 per barrel oil benchmark

The Federal Executive Council on Monday approved the 2025 Budget Proposal. The Minister of Budget and Economic Planning, Atiku Bagudu, revealed this to State House Correspondents after the Council met for the last time in 2024 at the Aso Rock Villa, Abuja. He said, “Today, the Federal Executive Council approved the budget proposals for 2025 […]