The Federal Government of Nigeria has successfully secured a new $1.57 billion loan from the World Bank, aimed at addressing key development challenges in health, education, and climate resilience. According to an official statement released on September 26, 2024, the approved loans are part of three separate operations designed to support improvements in human capital…
The Minister of Power, Chief Adebayo Adelabu, has claimed that over 40% of Nigerians now enjoy at least 20 hours of electricity supply daily. He made this declaration on Sunday, attributing the improvement to revolutionary measures implemented by the federal government. According to Adebayo Adelabu, these steps were necessary to ensure that citizens experience more…
Senator Ali Ndume, a prominent political figure in Nigeria, has voiced his concerns over the alarming level of corruption among politicians. In a recent statement, he emphasized how many individuals in political circles have grown wealthy through dubious means, raising serious ethical questions about Nigeria’s governance. Ali Ndume lamented how it is only in Nigeria…
Nollywood actress Iyabo Ojo has made headlines after her daughter, Priscilla Ojo, gifted her a generous N5 million in anticipation of her wedding. The actress, known for her vibrant personality and immense talent, shared the heartwarming moment with her followers on social media. This gift has sparked excitement and speculation about the grand scale of…
Dr. Dele Alake, Minister of Solid Minerals Development, has thrown his weight behind the global initiative to combat lead poisoning, aiming to protect vulnerable communities from its devastating effects. This move comes as part of Nigeria’s broader effort to enhance environmental safety in its mining sector, where lead exposure poses significant health risks, particularly to…
In a bold statement, acclaimed Nigerian filmmaker Jade Osiberu voiced concerns over what she perceives as a nationwide “critical thinking problem.” Osiberu, known for her creative and thought-provoking films, addressed the issue in a candid social media post. While her statement was aimed at addressing broader societal issues, it also included a subtle jab, which…
APC chieftain Joe Igbokwe made a bold declaration regarding Nigeria’s current socio-economic challenges. He lamented the worsening economic situation, particularly the skyrocketing cost of essential commodities, notably rice, a staple in Nigerian households. According to Joe Igbokwe, the leaders capable of rescuing the nation from its economic distress may not yet have been born, highlighting…
The Nigerian Correctional Service (NCOS) has placed several officers involved in the ongoing investigation surrounding allegations against popular social media influencer Bobrisky on suspension. The officers include high-ranking personnel in various custodial centers across the country. The move by the NCOS Board signals a strong response to concerns about misconduct and improper behavior within the…
ExxonMobil has announced a landmark $10 billion investment plan in Nigeria’s deep-water oil sector, marking a significant step towards expanding its operations in the country. The news was confirmed by Vice President Kashim Shettima during a high-level meeting with ExxonMobil executives at the 79th United Nations General Assembly in New York. Shettima emphasized that the…
In a move that brings financial relief to National Youth Service Corps (NYSC) members across Nigeria, the federal government has announced a significant increase in the monthly allowance for corps members. The new allowance, set at N77,000, comes into effect from July 2024, marking a substantial jump from the previous N33,000. This adjustment follows a…
