News

Nigeria facing existential threat, World Bank warns

he President, Major General Muhammadu Buhari (retd.); Minister of Finance, Budget and National Planning, Zainab Ahmed In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidy by the government and the attendant economic challenges, the World Bank on Wednesday raised the alarm that the …

Read More »

Owo Church attack: Military arrests two more suspects

Two more high profile members of the Islamic State of West African Province (ISWAP) linked with the deadly attack on worshippers in Owo, Ondo State have been arrested, the military disclosed on Thursday. The suspects, Al-Qasim Idris and Abdulhaleem Idris, were apprehended at Omialafara (Omulafa) in Ose Council Area of Ondo State. …

Read More »

FG borrows additional N2.45tn from CBN in six months

CBN Nigeria’s federal government’s total borrowing from the Central Bank of Nigeria (CBN) through Ways and Means Advances rose from N17.46tn in December 2021 to N19.91tn in June 2022, representing an increase of N2.45trn in six months. This is according to data from the apex bank. The N19.91tn is not …

Read More »

Ex-AGF, Ahmed Idris seeks plea bargain over N109bn fraud case

Ahmed Idris Ahmed Idris, the Accountant General of the Federation, and other defendants have sought for a plea bargain with the Economic and Financial Crimes Commission (EFCC) over the N109 billion case of gratification and fraud instituted against them. The disclosure was made on Wednesday before the Federal Capital Territory …

Read More »

JAMB Releases Results Of 2022 UTME Mop-Up Examination

Ishaq Oloyede, JAMB Registrar The Joint Admission and Matriculation Board (JAMB) has released the results of the recently conducted mop-up examination for 2022 Unified Tertiary Matriculation Examinations (UTME). JAMB released the results in a statement by the board’s Head of Public Affairs and Protocol, Dr Fabian Benjamin, in Abuja on …

Read More »