The federal government sourced about N410 billion funding from the domestic financial market to finance the 2018 capital budget, the Debt Management Office (DMO) said on Tuesday. About $3 billion was raised through Eurobond to refinance maturing domestic debts as part of the debt management strategy to replace high-cost domestic debt with lower external debt.
peaker of the Benue State House of Assembly, Titus Uba, has vowed that no financial inducement will make 22 lawmakers in the House to work against the state. He disclosed this in an interview in Makurdi, the state capital. The speaker said the assembly under his leadership was ready to lift the suspension of eight
The Enugu State Government has established a Lassa fever treatment centre at the State Teaching Hospital (ESUTH). The state Commissioner for Health, Fintan Echochin, said this in Enugu on Tuesday. He explained that none of those who had both primary and secondary contact with a victim of Lassa fever visited the state with the disease.
The Deputy Speaker of Kaduna State House of Assembly, John Kwaturu, has resigned. His resignation comes barely four days after he defected from the ruling All Progressive Congress (APC) to the Peoples Democratic Party (PDP). The lawmaker, who represents Kachia constituency, told Channels Television in an interview, on Tuesday, that he left the APC as
foreign South Korean President Moon Jae-in said Wednesday his visit to Pyongyang next month will be a “bold step” towards formally ending the decades-old war with the nuclear-armed North. The two Koreas agreed earlier this week to hold a third meeting between Moon and North Korean leader Kim Jong Un in September as a rapid
The Independent National Electoral Commission (INEC) has registered 23 new political parties bringing the total number of parties to 91. Some of the parties include: The Advanced Alliance Party, Liberation Movement, Save Nigeria Congress, United Patriots, Youth Party, We The People Nigeria, among others. According to INEC, the newly registered political parties will receive their
Human rights organisation Amnesty International has lauded the presidential directive to overhaul the Special Anti-Robbery Squad (SARS). A statement by the organisation’s Media Manager, Isa Sanusi, on Tuesday quoted its Director in Nigeria, Osai Ojigho, as saying the directive was proof that the growing outcry over the brutality of SARS had finally caught the attention
The United States Embassy has suspended consular services and appointments in Abuja till further notice. It explained that appointments for visa and for American citizen services have also been put on hold temporarily. Consular operations in Lagos were, however, not affected, the mission said in a statement on its website on Tuesday. No reason was
The Democratic Republic of Congo has started using the experimental mAb114 Ebola treatment on patients in the east of the country, the health ministry said on Tuesday, the first time it has been deployed against an active outbreak. The outbreak in eastern Congo’s North Kivu province has now spread to neighbouring Ituri province, where a person who
The Federal High Court, Abuja, on Tuesday insisted that the Inspector-General of Police must arrest and produce the Chairman, Independent National Electoral Commission, Prof. Mahmood Yakubu in court on Aug. 16. Justice Stephen Pam gave the order following the absence of Yakubu’s team of lawyers in court and there was no explanation as to why they were absent.
Two Malaysian women have been sentenced to caning after they admitted having sex in contravention of strict Islamic laws, an official said Tuesday, sparking outrage from rights groups. Members of the lesbian, gay, bisexual and transgender (LGBT) community have increasingly faced pressure in the Muslim-majority country in recent years, with officials frequently accused of targeting them.
Nigeria will face the wrath of world football’s governing body unless “the Nigeria Football Federation (NFF) offices are not handed back to the legitimate NFF executive committee under President Amaju Melvin Pinnick”, FIFA warned in a statement on Tuesday. Nigeria put itself on a collision course with FIFA in July when the government’s sports ministry directed