SOUTH Africa’s government has unveiled plans to inject $54bn into public infrastructure projects over the next three years. The investment, outlined in documents from the National Treasury, aims to modernise transport, energy, and water infrastructure to stimulate economic growth and job creation. According to the Treasury, the 2025 budget includes …
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Naira has continued to strengthen in recent times on the back of foreign exchange reforms put in place by the Central Bank of Nigeria. While this has provided some relief for the business environment, there are concerns that it may be short-lived. At the close of trading on Tuesday, the …
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MONEY lost to fraud in Nigeria’s banking system has nearly tripled over the past five years, an industry regulator said Wednesday. An analysis published by the Nigeria Inter-Bank Settlement System estimated that N52.3 billion ($34.8 million) was lost to fraud in 2024, compared to N11.6 billion in 2020. The West …
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IN a surprising development, all police escorts assigned to the Speaker of the Lagos State House of Assembly, Mojisola Meranda, as well as those securing the Assembly complex, have been withdrawn with immediate effect, leaving both the Speaker and the legislative building vulnerable. Confirming the situation, the Speaker’s Special Adviser …
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THE Sultanate Council of Sokoto has called on Muslims across Nigeria to look for the new moon of Ramadan on Friday, February 28, 2025, corresponding to 29 Sha’aban 1446AH in the Islamic calendar. In an official statement made available to journalists on Thursday, the Chairman of the Advisory Committee on …
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Emmanuel Nsan, a former Minister of Health under the military regime of General Muhammadu Buhari, has died at the age of 77. Nsan, who also served as Minister of Works and Transport during Buhari’s administration, died on Thursday, December 12, 2024, in a protracted illness. His death was officially confirmed …
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THE ousted Speaker of the Lagos State House of Assembly, Mudashiru Obasa, on Thursday, February 27, 2025, stormed the Assembly complex in the Ikeja area of the state. Obasa, who was impeached and removed by his colleagues for alleged fraud, arrived at the legislative building about 12 noon and made …
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As part of its mandate to propagate the continuing relevance of the ideas of the sage, Chief Obafemi Awolowo, the Obafemi Awolowo Foundation will hold the 2025 Awolowo Memorial Webinar on March 6, 2025. The webinar, whose theme is “Our 21st Century World: Reflections and Projections”, will be chaired …
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NIGERIAN billionaire Folorunso Alakija has lost her sight, according to medical sources involved in her care. A report by SaharaReporters said that the 73-year-old founder and Executive Vice Chairman of Famfa Oil began experiencing health issues after a near air mishap. She was travelling with her husband, Modupe Alakija, Chairman …
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The Tenth Prosecuting Witness, PW10, Udochukwu Okparache, in the ongoing trial of former Anambra State governor, Willie Obiano on Wednesday, February 26, 2025, told Justice Inyang Ekwo of the Federal High Court sitting in Abuja, that he was not aware of a total sum of N860m ( Eight Hundred and …
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