Nigeria’s Public Debt Hits N142.3 Trillion, Fueled by Naira Depreciation and Borrowing
Nigeria’s total public debt climbed to N142.3 trillion as of September 30, 2024, reflecting a 5.97% increase (N8.02 trillion) from the N134.3 trillion recorded in June 2024. The Debt Management Office (DMO) attributes this rise to surging domestic borrowing and the sharp depreciation of the naira, which significantly inflated the naira-equivalent value of external debt. […]
Saudi Sponsors Nigerian Pilgrims for Umrah
The Saudi Arabian Embassy in Nigeria hosted a grand farewell ceremony for 20 Nigerian pilgrims selected for the Custodian of the Two Holy Mosques’ Guests Programme for Umrah 2025. This initiative highlights Saudi Arabia’s commitment to fostering Islamic unity and providing access to Islam’s sacred sites. His Excellency Faisal bin Ibrahim Al-Ghamdi, Saudi Arabia’s ambassador […]
Tinubu Approves Establishment of Federal Polytechnic in Abuja to Boost Education
President Bola Ahmed Tinubu has approved the establishment of a Federal Polytechnic in Gwarinpa, one of the largest estates in the Federal Capital Territory (FCT). The institution will be named Bola Ahmed Tinubu Polytechnic, Gwarinpa, in honor of the President. In a letter dated January 16, 2025, the Minister of Education, Dr. Tunji Alausa, conveyed […]
Ekiti Agro-Allied International Cargo Airport Ready for Commercial Operations
The Ekiti Agro-Allied International Cargo Airport in Ado-Ekiti is set for full commercial operations, according to the Minister of Aviation and Aerospace Development, Festus Keyamo (SAN). The Minister made this announcement on Tuesday after inspecting the airport facilities alongside Governor Biodun Oyebanji and other top government officials. Keyamo confirmed that the airport is 99.5% completed, […]
NLC Urges Minister of Power to Resign Over Persistent Grid Collapse, Criticizes N8 Billion Sensitization Proposal
The Nigeria Labour Congress (NLC) has called on the Minister of Power, Adebayo Adelabu, to resign if he cannot address the frequent collapse of the national electricity grid. The NLC also condemned the Ministry of Power’s plan to allocate ₦8 billion in the 2025 budget for public sensitization on paying electricity bills, describing it as […]
Trump Signs Executive Order to End Birthright Citizenship Amid Legal and Political Pushback
On his first day back in the Oval Office, President Donald Trump signed a series of executive orders, including a highly controversial measure aimed at ending birthright citizenship. The executive order targets the constitutional guarantee under the 14th Amendment, which grants U.S. citizenship to any person born within the country’s borders. Legal experts widely expect […]
President Joe Biden Issues Preemptive Pardons for Family Members in Final Hours of Presidency
In the final moments of his presidency, President Joe Biden issued pardons to several close family members on Monday, citing what he described as politically motivated attacks against them. “My family has been subjected to unrelenting attacks and threats, motivated solely by a desire to hurt me — the worst kind of partisan politics,” Biden […]
Trump Rescinds 78 Biden-Era Orders on First Night Back in Office
President Donald Trump took swift action on his return to the White House, rescinding 78 Biden-era executive actions as part of over 200 executive directives issued on the first night of his second term. According to White House officials, Trump signed 42 executive orders and completed 115 personnel actions during what they called a “historic […]
Tinubu Resumes Work After Abu Dhabi Summit, Shettima Heads to WEF in Davos
President Bola Tinubu returned to work at Aso Villa yesterday following his participation in the 2025 Abu Dhabi Sustainability Week (ADSW) in the United Arab Emirates. He arrived back in Abuja on Saturday evening. Upon returning to the State House, the President received a briefing from the Chairman of the Federal Inland Revenue Service (FIRS), […]
PDP NEC Meeting Faces Uncertainty Amid Renewed Leadership Crises
The Peoples Democratic Party (PDP) faces uncertainty over its February National Executive Committee (NEC) meeting due to renewed internal conflicts within its National Working Committee (NWC). Tensions surrounding the acting National Chairman, Ambassador Umar Damagum, and other leadership disputes have reignited divisions that have long plagued the party. The NWC, tasked with convening NEC meetings, […]
