1. N87tr Debt: SERAP Raises Alarm
- Reveals Why World Bank Must Suspend Loans To Nigeria’s 36 States, FCT
- Says Govs Spent N1.7tr On Frivolities, Lavish Lifestyles
- Warns W’ Bank Against Complicity In Mismanagement Or Diversion Of Public Funds
As Nigeria’s debt profile continues to shoot through the roof, the Socio-Economic Rights and Accountability Project, SERAP, has written to the World Bank, asking it to suspend loans to the country’s Federal Government, 36 states, and the Federal Capital Territory over what it termed frivolous spending. READ MORE
2. Why Abuja-Bound Flight Was Diverted To Asaba- United Airlines Opens Up
One of Nigeria’s leading airlines, United Airlines has revealed that its Abuja-bound flight was diverted to Asaba because of bad weather. READ MORE
3. Nigeria Lost $1.4bn in 4 Years Over CBN FX Ban On 43 items – Cardoso
Governor Olayemi Cardoso of the Central Bank of Nigeria (CBN) has admitted that Nigeria lost a total of $1.4bn in 8 years attributing it to the CBN’s restrictions on 43 specific items. READ MORE
4. Friendly Tourney: Okocha, Amokachi Warned Against Honouring Eto’o’s Invitation
Nigeria’s football stars like Austin Okocha, and Daniel Amokachi invited by the President of the Cameroonian Football Association, Samuel Eto’o for a ceremonial tournament holding in Victoria City, Cameroon, on Thursday 30 November 2023 will be killed if they honour the invitation, a separatist group, Ambazonia Interim Government has warned. READ MORE
5. Senate Summons 15 Companies Over N130bn Gas Expansion Intervention Fund Disbursement
The Nigerian Senate through its Committee on Gas, has summoned 15 companies operating in Nigeria for an investigative hearing over the Nigeria Gas Expansion Program (NGEP) intervention fund disbursement. READ MORE
6. NGX: Dangote Refinery to list
Aliko Dangote, a billionaire businessman from Nigeria, has declared that he will list his $20 billion oil refinery on the Nigerian Exchange Limited (NGX). READ MORE
7. FG acts to bring the price of cooking gas down from N1,100 per kilogram.
The Federal Government has taken action to lower the price of cooking gas, often known as liquefied petroleum gas, or LPG, as part of an effort to address issues with the product’s supply and cost. READ MORE
8. Nigerian Industry Leaders Told to Adopt AI and Renewable Energy To Increase Productivity
Nigerian Industry Leaders Are Told to Adopt AI and Renewable Energy To Increase Productivity READ MORE
9. Tinubu Presidency is God-ordained-Oba of Benin
On a Sunday, the Oba of Benin, Omo N’ Oba N’ Edo, Uku Akpolokpolo, Ewuare II, conveyed his belief that Bola Tinubu’s election as the president was divinely ordained. READ MORE
10. Taking Advantage of Nigeria’s Growing Competence in Postsecondary Education
According to Kalu Okoronkwo, Nigeria’s higher education system has to be strengthened in order to establish it as a center for academic achievement and innovation. READ MORE
