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Exim Bank of China
As huge revenue shortfall dogs the 2018 budget, it has been revealed why the Federal Government needs more loans to fund the capital projects.
The National Bureau of Statistics (NBS) says the country’s foreign debt stands at 22.08billion dollars.
Lagos’ total debt profile has risen to N1.04 trillion, report from the National Bureau of Statistics, NBS, has revealed.
President Muhammadu Buhari on Thursday inaugurated the Abuja Light Rail Project and commended the Chinese Government for its investment in Nigeria’s economy.
Engr. John Ekundayo, an aeronautic engineer with one of the domestic carriers, in his remarks, said that carrying out of checks on the aircraft in foreign countries make operations difficult for the airlines.
This is coming as the federal government has promised to release the balance of 12 billion naira of the project this week, having released 60 billion naira in April this year.
A Kogi State High Court sitting in Lokoja, on Wednesday, granted an Order of Interim Injunction restraining the State Government from terminating the appointment of Chief James Akor as Aidokanya of Odari in Olamaboro Local Government.
The Chief of Air Staff, Air Marshal Sadique Abubakar, has condemned the killing on Tuesday, of former Chief of Defence Staff, Air Marshal Alex Badeh, saying the incident was “totally unacceptable”.
South African authorities have issued an arrest warrant for Grace Mugabe, wife of deposed Zimbabwean leader Robert Mugabe, over the alleged assault of a South African model in August 2017.
An Igando Customary Court in Lagos, on Wednesday dissolved the 14-year-old union between Pastor Peter Onuoha and his wife, Rose.
The Polish government has confirmed the release of the crew of a container ship, who were kidnapped by pirates off Nigeria in October.
Exaggeration is the most common strain of fever at election period. Politicians make voters – and the general public – believe that the world might end on ballot day, when in fact what they are playing for is their own survival.
President Muhammadu Buhari and his colleagues of the Lake Chad Basin Commission (LCBC), have renewed their commitment to end the Boko Haram insurgency.
Mr Omoyele Sowore, Presidential Candidate of the African Action Congress (AAC), has protested against his non-inclusion in the planned Presidential Debate being organised by the Nigeria Elections Debate Group (NEDG).
Truck drivers have conto decry traumatic experiences from the lingering gridlock on Lagos ports access roads.
A driver died in Belgium near the border with France on Friday evening after hitting a truck which had slowed down due to a blockade by “yellow vest” protesters, a local government official said.