Nigeria’s total public debt rose to ₦142.3 trillion as of September 30, 2024, reflecting a 5.97 percent increase from ₦134.3 trillion in June, according to data from the Debt Management Office (DMO). Naija News understands that the surge in public debt, driven by both external and domestic obligations, underscores the significant impact of …
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A bomb explosion on Tuesday evening claimed the life of the vice chairman of the Kawuri unit of the Civilian Joint Taskforce (CJTF), Abba Godori, in Kawuri, Konduga Local Government Area of Borno State. Eyewitnesses, who spoke with Punch, reported that Godori stepped on the explosive device during a routine …
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THE National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered and sealed off a warehouse in Kaduna for housing expired food and cosmetic products valued at N75 million. The warehouse, Amanat.com, is located at PP2A Bayajidda Street, near Kano Road and New Ogbomosho Road, in Kaduna …
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THE Trade Union Congress has advocated that the Value Added Tax rate remains at 7.5 per cent as any increase will place additional financial burden on Nigerians. Mr Festus Osifo, TUC President said this in a statement on Tuesday in Abuja. According to him, many Nigerians are already struggling with …
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THE Saudi Arabia embassy in Abuja has hosted a farewell ceremony for 20 Nigerians selected for the Custodian of the Two Holy Mosques’ Guests Programme for Umrah 2025. A statement issued by the embassy in Abuja said the ceremony held under the leadership of Faisal Al-Ghamdi, the Saudi Ambassador to …
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THE Nigerian Meteorological Agency of Nigeria (NiMet) has predicted sunny and hazy weather activities from Wednesday to Friday. NiMet`s weather outlook released on Tuesday in Abuja envisaged sunny skies in hazy atmosphere on Wednesday over the northern region of the country throughout the forecast period. According to NiMet, hazy skies …
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THE National Bureau of Statistics (NBS) has stated that the rebasing of Nigeria’s Consumer Price Index (CPI) and Gross Domestic Product (GDP) will commence by the end of January. A statement by NBS Director of Communication & Public Relations, Ichedi Sunday Joel, said the reports for both economic index and …
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NIGERIA’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn) compared to N134.3tn in June 2024. The debt, comprising external and domestic obligations, reflects the significant impact of exchange rate depreciation on external borrowings when converted to naira terms. …
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Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, on Tuesday, January 21, 2025, ordered the final forfeiture of a property, a u-shaped two-storey building in Lagos,to the federal Government of Nigeria. The property is situated in the premises of Goodwill Private Schools, Ikorodu, Lagos State. The judge …
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IN A letter dated January 9, 2025 and addressed to the Minister of the Federal Capital Territory, Nyesom Wike, by the Minister of Education, Dr. Tunji Alausa, stated that the initiative aligns with the Federal Government’s plan to ensure each state in the federation has one federal polytechnic. The …
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