States collectively spent about N235.58bn on servicing external debt obligations in the first half of 2025, Frontline reports. This is according to an analysis of the data from the Federal Account Allocation Committee disbursement released by the National Bureau of Statistics. The amount represents a sharp increase of N95.65bn orContinue Reading
The naira recorded a mixed outing at the official and parallel markets at the close of last week. The Nigerian currency saw a 0.01 per cent appreciation at the National Foreign Exchange Market, where it had closed the week at 1,533.57/$, compared to 1,533.74/$ from the previous week. According toContinue Reading
The Lagos State Government has directed all licensed e-hailing operators to present their vehicles for inspection as part of a plan to enforce safety standards, ensure database integrity and guarantee vehicle roadworthiness. Commissioner for Transportation Oluwaseun Osiyemi gave the directive during a meeting with the operators at the ministry’s headquartersContinue Reading
…confesses plan to fund trip to Libya A 27-year-old suspected vandal, Chidiebere Ohama, from Umuariaga Ohoma in Ikwuano Local Government Area, has been arrested in Umuahia, Abia State, for allegedly stealing a ladder belonging to the Enugu Electricity Distribution Company (EEDC) at the Mission Hill area of the state capital.Continue Reading
Chairman/Chief Executive of the National Drug Law Enforcement Agency (NDLEA), Brig Gen Mohamed Buba Marwa (Rtd) has called for collective action involving families, religious and community leaders to stem the tide of substance abuse, cultism and banditry among Nigerian youths. Marwa made the call while delivering the keynote address atContinue Reading