President Ruto Set to Sign Affordable Housing Bill
President William Ruto is poised to endorse the Affordable Housing Bill into law this morning, marking a pivotal moment in the housing project's execution and the commencement of the collection…
FG to auction N450bn bonds as investor participation triples
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), will be conducting a bond auction today. The indicated total amount on offer is N450.00 billion from three…
Nigerian Lawmakers Accused of Padding 2024 Budget with N53 Billion in Vague Projects
The validity of Senator Abdul Ningi's claim that over N53 billion worth of projects in the 2024 Appropriations Act lack specific locations has been confirmed by a check. Ningi, representing…
Cardoso Sacks Eight Directors for Close Ties to Emefiele
The Central Bank of Nigeria (CBN) has reportedly served early retirement letters to eight directors who were closely associated with former governor Godwin Emefiele. The directors, who were initially redeployed…
Fire Guts Sokoto Central Market
A section of the Sokoto Central Market, particularly the motorcycle section was on Monday, gutted by fire. Eyewitness accounts narrated that the fire started early in the morning, but the…
87 Abducted in Kaduna Attack
Terrorists launched a fresh attack on the Kajuru-Station community in Kaduna State, abducting 87 people on Sunday night. The attackers also looted shops, stealing food items and valuables. This incident…
UK Condemns Russian Election as a Farce of Democracy
Britain’s foreign minister David Cameron criticized the recent Russian elections, describing them as indicative of "the depth of repression" under President Vladimir Putin's rule. Despite the Kremlin's portrayal of Putin's…
Nigeria at Risk of Yam Imports from China
The Permanent Secretary of the Federal Ministry of Agriculture and Rural Development (FMARD), Ernest Umakihe, has raised concerns that Nigeria may soon be importing yam for local consumption from China.…
Nigerian Engineers Embrace Bamboo as Alternative to Iron Rods
In response to the exorbitant prices of iron rods, engineers in Nigeria are increasingly turning to bamboo as a cost-effective alternative for construction projects. Despite the country's economic challenges, this…
Nigerian Cement Companies Thrive Amid Rising Operational Costs
Despite facing escalating operational expenses, Nigerian cement companies have managed to thrive, posting impressive financial results. The first quarter of 2023 was marked by economic challenges such as a cash…