archiveAugust 17, 2021

  The Federal Government is to borrow about N4.89 trillion from internal and external sources to finance the deficit in its proposed N13.98 trillion 2022 budget due to dwindling revenue. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this in Abuja on Monday at an interactive session...

The Central Bank of Nigeria (CBN) has warned that abusers of naira notes will be prosecuted by the financial regulator in collaboration with other regulatory bodies such as the Nigeria Police Force, Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit...

  German Chancellor Angela Merkel has on Tuesday called for considering the possibility of accepting refugees from Afghanistan in neighbouring countries before discussing their placement in the European Union (EU). “Before talking about contingents of refugees in the EU, we should discuss reliable opportunities for refugees in countries neighbouring Afghanistan....

The United States has given conditions for recognising a Taliban government in Afghanistan. US Department spokesman, Ned Price, said on Monday that the US would only recognise a Taliban government in Afghanistan if it respects the rights of women and shuns, denounces extremist movements such as Al-Qaeda. “Ultimately when it...

Nigeria’s inflation rate for July 2021 has dropped to 17.38 per cent compared to 17.75 per cent recorded in June 2021. The consumer price index, which measures the rate of inflation increased by 17.38 per cent (year-on-year) in the review month. This is according to the latest consumer price report...

The opposition Peoples Democratic Party (PDP) has condemned President Muhammadu Buhari for signing the Petroleum Industry Bill (PIB) into law despite the clamour against it by some sections of Nigerians. The PDP said the President should have held off on signing the bill into law until the areas of concern...

 Some agriculture experts in the South – East have recommended provision of adequate security and inputs for farmers in order to avert impending food crisis in the country.The stakeholders made the recommendations while responding to a News Agency of Nigeria (NAN) survey on solutions to the impending food crisis predicted...

Social media giant, Facebook, has banned Taliban-related content from all its platforms. This comes after Taliban fighters took over Afghanistan capital, Kabul on Sunday, causing many citizens to flee the country including the country’s President, Ashraf Ghani. According to BBC, a Facebook spokesperson who spoke to newsmen said the organisation...

The National Youth Service Corps (NYSC) has enjoined corps members to pass the night at military barracks when embarking on journeys beyond 6 pm. According to NAN, Shuaibu Ibrahim, the director-general of the scheme, spoke in his virtual address to the corps members at the end of the 2021 batch...

  Tammy Abraham has completed a move from European champions Chelsea to Serie A side Roma in a deal worth 40 million euros (47.1 million dollars). The England forward has signed a five-year deal with the Serie A outfit and departs Stamford Bridge having scored 30 goals in 82 appearances...