News

Buhari Govt Raises Nigeria’s Debt Profile, Borrows Fresh Loan

The federal government has again borrowed another $4bn through Eurobonds. The Debt Management Office(DMO) made this known in a statement published on its website titled ‘Nigeria raises 4bn through Eurobonds,’ on Tuesday, September 21st, 2021. This new loan will currently bring the total Eurobonds debts in Nigeria from $10.37bn to …

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US Government Punishes Nigeria Over Illegal Arms Deal

The United States Government has seized about $6.1 million belonging to Nigeria after a hired arms supplier pleaded guilty to charges including illegal dealing in military-grade weapons and money laundering, court documents reviewed by Peoples Gazette said.   Judge Erica Grosjean of the U.S. District Court for the Eastern District of …

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Top Nollywood actors lead protest against Radisson Blu Hotel

Leading Nollywood stars, including Jide Kosoko, Fred Amata, Yemi Solade and Mahmood Alli-Balogun, were spotted at a non-violent protest at the Radisson Blu Hotel situated on Isaac John Street, Ikeja GRA, Lagos State on Tuesday. Other movie stars spotted at the protest instigated by the Audio-visual Rights Society are Yinka …

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Cholera killed over 2,300 Nigerians in nine months – Report

Cholera has killed more than 2,300 people and infected thousands more, mostly children, in Nigeria since the start of the year, a senior health official said on Monday. Africa’s most populous nation suffers from a high rate of water-borne diseases as a result of dilapidated infrastructure and under-investment.` “As at …

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Buhari writes senate, seeks amendment of PIA

President Muhammadu Buhari has written to the National Assembly, seeking an amendment to the recently signed Petroleum Industry Act, PIA. In the letter, President Buhari wants an amendment to the new Act to allow for the removal of the Ministers of Petroleum and Finance from the board of the Nigerian …

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King Sunny Ade’s Wife, Risikat Adegeye Is Dead

Risikat Ajoke Adegeye, a former member of the Lagos State House of Assembly and wife of Juju maestro, King Sunny Ade, is dead. A media aide to Adegeye’s son, Daniel Fayemi, and sources in the Lagos State House of Assembly confirmed this. Fayemi said, “The philanthropic politician passed on in …

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