Director-General, Debt Management Office, Patience Oniha In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers. This emerged as findings by Sunday PUNCH showed that 16 state governors also increased the debt profile of their states by N509.3bn with domestic and external debt of N243.95bn and $298.5m…
In what looks like a pre-announcement to an epic political battle ahead in Kaduna State, Bashir El-Rufai has accused the State governor, Uba Sani, of shying away from his responsibility by always staying away from the state and hibernating in the Federal Capital Territory (FCT) Abuja. Bashir, who is a son of the immediate-past governor…
King Charles’ funeral plans are already set amid his battle with pancreatic cancer. Though he has been the British monarch for only 18 months, following his ascension to the throne on May 6, 2023, plans have been laid out for the eventual demise of King Charles III. When Queen Elizabeth II died, Operation London Bridge was activated to facilitate the smooth…
Residents of Oje area of Ibadan in Ibadan North-East Local Government are mourning the death of a special 84-year-old crocodile. The crocodile, before its death on Thursday, was tamed at the popular Delesolu’s Palace, Ibadan. It attracted many tourists to the ancient city of Ibadan with its uniqueness. Speaking about the mysterious crocodile, head of the family…
The Transmission Company of Nigeria says it has successfully restored the national power grid following its collapse at 4:28 pm on Thursday. TCN, in a statement on Friday, said the grid attained full recovery by 10 pm on the same day. However, the Eko Electricity Distribution Company said on Friday that it was able to…
•……… Targets N365 billion by way of a Rights Issue as subset of Programme Lagos, Nigeria – March 28, 2024: Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme of up to US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent (‘the Programme’)….
A State High Court sitting in Jigawa, presided over by Justice Musa Ubale, on Thursday, sentenced 25-year-old Aminu Ali to life imprisonment for raping and sodomising a 10-year-old boy (name withheld). Ali, who hails from Aukayawa Quarters in the Gwaram Local Government Area of the state, was found guilty by the court after the prosecution…
By Luminous Jannamike The Editor of FirstNews Newspaper, Mr. Segun Olatunji, has claimed that his recent abduction and detention are connected to his journalistic work, which displeased certain powerful individuals. This revelation came following his release after a harrowing twelve-day confinement. “I was at home with my son on Friday, March 15, watching ‘Journalists Hangout,’…
Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the Group recorded a robust growth in its Profits Before Tax, posting a healthy N729 billion, representing 335% year-on-year (YoY) increase from 2022. Access Holdings’ Gross Earnings also surged…
In a strategic move to bolster the nation’s economic governance frameworks and ensure robust and coordinated economic planning and implementation, President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the creation of the Economic Management Team Emergency Taskforce (EET). The Presidential Economic Coordination Council (PECC) comprises distinguished leaders…
