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Nigeria’s total public debt has climbed to a staggering N159.28 trillion. This new figure marks a major jump from past records, confirming the country’s continued reliance on borrowing. The data covers all financial obligations, including both foreign and domestic loans. This growing number has become a serious concern for economists and everyday citizens. The debt […]
Xi Jinping said China is prepared to work with African nations to cushion the economic fallout from the Middle East conflict, following talks with Daniel Chapo in Beijing on Tuesday, according to state media. “The spillover effects of the Middle East conflict are impacting African countries, and China is willing to work with […]
Malaysia’s Karex Bhd, the world’s top condom producer, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive said on Tuesday. Karex is also seeing a surge in condom demand as rising freight costs and shipping delays have […]
The U.S. Navy has submitted a $305 billion shipbuilding proposal covering fiscal years 2027 through 2031, marking the second-largest request of its kind since 1955, according to budget documents and supporting analyses released this month. The fiscal year 2027 budget alone includes $65.8 billion for naval construction, a roughly 50 percent increase over […]
Uganda’s central bank has begun purchasing gold from domestic producers under a long-planned initiative to add bullion to the country’s foreign exchange reserves. The Bank of Uganda said the first acquisition was completed on Friday, though it did not disclose the quantity or value of gold purchased, in an emailed statement shared with […]
The New Nigeria People’s Party (NNPP) has raised serious concerns about the Independent National Electoral Commission (INEC). The party says INEC’s continued refusal to obey court orders is putting the 2027 general elections at great risk. They believe this behaviour could disrupt the entire election process and shake public trust in the system. NNPP described […]
The Lagos State Traffic Management Authority (LASTMA) has spoken out about the growing dangers faced by dispatch riders on busy roads as another rider lost his life in a sad accident on the Otedola Bridge in less than 24 hours. Officials say these workers who deliver food and goods on motorcycles are often left open […]
A man named Goodluck Ejimiyare has been sentenced to five years in prison for running a cybercrime training centre, popularly known as a “Yahoo school”. He was convicted for recruiting young boys into internet fraud activities. The court also ordered him to pay a fine of N1 million. Ejimiyare pleaded guilty to the charges of […]
Governor Ademola Adeleke has officially launched a new Security Trust Fund in Osun State. The move aims to give security agencies better tools and support to do their jobs well. He unveiled the fund during a special event to help tackle rising threats and keep the state safer for everyone. The fund will focus on […]
The Federal Housing Authority has started work on a new housing project in Abia State. The estate, named after President Bola Tinubu’s Renewed Hope Housing Programme, marks the beginning of construction in the eastern part of the country. Officials held a groundbreaking ceremony in Umuahia North Local Government Area along the Ubani–Uzuakoli Road to launch […]
