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The Director General, Budget Office of the Federation, Mr Ben Akabueze, has warned that the Nigerian government under President Muhammadu Buhari is fast exceeding its limited borrowing space. Akabueze stated this at the International Conference Centre, Abuja, during the induction of newly-elected lawmakers of the 10th National Assembly, on Wednesday. He said: “While the size of the FG budget for ...

The Federal Airport Authority of Nigeria in conjunction with Ala Resort Limited has concluded arrangements to turn the Akure Airport into an aerotropolis. The Chief Executive Officer of the resort, Mr Moyosola Niran-Oladunni, stated this in Akure on Monday, during a news conference to herald the inauguration of the project on Tuesday. Niran-Oladunni said that the project would be inaugurated ...

The Economic and Financial Crimes Commission (EFCC) has closed its case in a £2.6 billion alleged fraud charge slammed on an oil firm, Petro Union Oil and Gas Limited, a consultant to the company and three of its directors. The Consultant is Abayomi Kukoyi (Trading under the name and style of Gladstone Kukoyi & Associates), while the company’s directors on ...

The first batch of Nigerians who were evacuated from war-torn Sudan arrived in the country late Wednesday. The Nigerians in Diaspora Commission made this known in a terse statement on its Twitter page early Thursday. Sharing photos of the evacuees, the commission tweeted, “The first batch of Nigerians who fled war-torn Sudan arrived via military jet C13 at Nnamdi Azikiwe ...

Organ Harvesting: UK Court Finally Sentences Ike Ekweremadu To 10 Years Imprisonment. The Former deputy senate president, Senator Ike Ekweremadu has been sentenced to 10 years in UK jail. Ike Ekweremedu, the former deputy senate president, was, on March 23, convicted for luring a young man into the United Kingdom with a view to exploiting his kidney in a trial ...

The Bank of Agriculture (BOA) in Kaduna was indicted by Nigeria’s Senate over the disbursement of a N3.2 billion loan. The loan was given to ten vendors for the purchase of tractors and equipment to be allocated to end-users. The indictment followed the 2016 report of the Auditor General of the Federation, which was considered by the Senate Public Accounts ...

NAFDAC to investigate cancer-causing chemical in Indomie noodles The National Agency for Food and Drug Administration and Control (NAFDAC) says it will investigate allegations of a cancer-causing chemical found in Indomie noodles. Health officials in Malaysia and Taiwan said they had detected ethylene oxide, a compound, in Indomie’s “special chicken” flavour noodles. Ethylene oxide is a colourless, odourless gas that ...

The National Communications Authority, NCA has deactivated 6.1 million SIM cards of mobile phone subscribers who failed to complete the registration process of their cards using the Ghana Card. The Ghana Card is the only designated national identification card permitted for SIM card registration, according to Ghana Business News. Mobile phone subscribers were required to register their SIM cards using ...

The National Emergency Management Agency (NEMA) has said it will commence the evacuation of stranded Nigerians from Sudan on Tuesday, April 25. NEMA said the evacuation will be done via road from Khartoum to Cairo in Egypt. Plans have been made to evacuate about 2,650 to 2,800 people first including students, embassy staff and their families. NEMA’s Director of Special ...

Upon his return to Nigeria from France on Monday, the President-Elect, Bola Tinubu says he is hale and hearty contrary to speculations that he was seriously ill. He stated this at his residence in the Asokoro area of Abuja shortly after his return from France. Addressing his supporters, he said, “Let me take some rest for tonight after a long ...