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Former President Olusegun Obasanjo has declared that the nation is on the verge of bankruptcy and that it would take a great economic reengineering to avert this.
Obasanjo said as at 2015, Nigeria’s total external debt was about $10.32bn. By March 2019, he claimed the country’s external debt had increased to $81.274bn.
Former Nissan boss Carlos Ghosn spoke to his wife for the first time in eight months on Friday, his spokesman said, after a Tokyo court lifted a ban on contact between the pair.
A British man named Thomas Cook said Monday he feared his dream wedding in Greece was ruined after the collapse of the holiday firm with the same name.
Thomas Cook’s 178-year existence was hanging by a thread on Sunday after the iconic British travel firm struggled to find further private investment and is now relying on an unlikely government bailout.
Japanese authorities have hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the car sector tycoon.
Cesar Altieri Sayoc, the Florida man accused of sending pipe bombs to critics of Donald Trump, had plastered his social media accounts and the van where he was living with signs of his devotion to the Republican president and his hatred for Democrats.
The Economic and Financial Crimes Commission, EFCC, has informed a Lagos Special Offences court that it has begun a manhunt for one of the defendants in an $8.4 million fraud trial, Yusuf Yahaya, after jumping administrative bail granted him by the commission.
President Muhammadu Buhari has assured members of the All Progressives Congress (APC) and Nigerians that he will not disappoint them if he is re-elected as President in 2019.
President Muhammadu Buhari promptly launched his campaign for a second term in office early on Sunday morning after being overwhelmingly endorsed as candidate by 14,842,072 members of the All Progressives Congress across the 36 states and the Federal Capital Territory.
Portugal's Prime Minister Antonio Costa touched down in Angola on Monday kicking off a two-day trip designed to improve ties between Luanda and its former colonial master.
Voters in Mauritania are casting ballots in legislative, regional and local elections that will test President Mohamed Ould Abdel Aziz's record before next year's presidential vote.
Facebook on Wednesday said it has suspended more than 400 of thousands of applications it has investigated to determine whether people’s personal information was being improperly shared.
Mozambique’s Prime Minister Carlos Agostinho do Rosario was left stranded Thursday as the state airline was forced to cancel flights over a financial crisis that left it unable to buy fuel.
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US President Donald Trump said on Wednesday he would have loved to have met Swedish environment activist Greta Thunberg at Davos but added that she should not focus her anger on the United States.
The United Nations Children’s Fund (UNICEF) has expressed readiness to support Kano State Government to ensure that the six targeted local government areas of the state become Open Defecation Free (ODF) by March.
Benue State Governor Samuel Ortom on Thursday disclosed that over 400 herdsmen have so far been arrested for flouting the Open Grazing Prohibition and Ranches Establishment Law enacted in the state.
Some residents of Saki town in Oyo State on Wednesday commended Mr Adebayo Shittu, a former Minister of Communications, for his efforts in drawing attention to the need to rehabilitate the community’s water works.
Justice Dusosinlohun Kawu of an Ilorin High Court, Wednesday convicted one local herb seller (alagbo), herbalist/ritualist, student and four others for trafficking, selling, buying and possessing human parts for money ritual.
The recently released Jennifer Ukambong Samuel has confirmed she met with Alice, who was abducted by members of the Boko Haram sect about two years ago.
Following recent alert by the National Agency for Food and Drug Administration and Control (NAFDAC) on the use of paracetamol tablets in food preparation, some Lagosians have expressed shock and disappointment.
A civil society organisation, the Civil Empowerment and Rule of Law Support Initiative (CERLSI), has threatened to institute legal actions against the Management of Auchi Polytechnic, Auchi if they fail to repeal the decision to revoke admission of new students of the institution.
Ex-Osun State Governor, Chief Bisi Akande, has faulted the call for local government autonomy saying only two tiers of government are recognised in federating states globally.
The Anambra State House of Assembly at the weekend renewed the tenure of 18 Local Government Transition Committee Chairmen out of the 21 local councils, and their members for another three months. The House renewed their tenure during the plenary.