As of June 30, 2024, Nigeria has emerged as the third-largest debtor to the World Bank’s International Development Association (IDA), reflecting a significant increase in its borrowing. This surge in debt underscores Nigeria’s deepening reliance on international financial assistance, with Nigeria’s World Bank IDA debt now reaching $16.5 billion. A recent financial statement from the…
As the People’s Democratic Party’s (PDP) National Working Committee (NWC) prepares to meet on Wednesday, a potential conflict brews between PDP governors and the Federal Capital Territory Minister, Nyesom Wike. The focus of this discord centers on the ongoing political tensions in Rivers State, where Wike and Governor Siminalayi Fubara, both prominent PDP members, are…
Nigeria’s Gross Domestic Product (GDP) recorded a year-on-year growth of 3.19% in Q2 2024, showing an increase from 2.98% in Q1 2024 and 2.51% in the same period last year, as reported by the National Bureau of Statistics (NBS). This growth was primarily driven by the Services sector, which saw an impressive 3.79% growth and…
As the political landscape in Nigeria gears up for the 2027 elections, prominent PDP leader Chief Bode George has offered a stern yet friendly piece of advice to former Vice President Atiku Abubakar. He emphasized that the People’s Democratic Party (PDP) should prioritize a southern candidate for the presidency, aligning with the party’s established zoning…
On a typical rainy day in Ibadan, the sight of Hafeez Adedigba driving his cab in a woman’s outfit has become a familiar one. Hafeez, an experienced cab driver, recently explained his unconventional choice in attire. He shared that during the heavy rains that frequently lash the Oyo state capital, his own clothes often become…
Since Bola Tinubu assumed office, Nigeria’s press freedom has come under intense scrutiny, with the detainment of at least 12 journalists raising significant concerns. Below is a profile of these journalists whose arrests have sparked a national and international outcry. These detentions have raised alarms about the future of journalism in Nigeria. Press freedom is…
#EndBadGovernance Movement Delivers 17-Point Ultimatum to Federal Government as October Protests Loom As the #EndBadGovernance movement prepares for nationwide protests set for October 1, 2024, the organizers have delivered a 17-point ultimatum to the Federal Government, demanding immediate action on various critical issues. These demands reflect widespread dissatisfaction with the state of governance and the…
The ongoing internal strife within the Labour Party took a new turn on Tuesday as the party’s National Chairman, Julius Abure, issued a stern warning to Governor Alex Otti of Abia State. Abure urged Otti to concentrate on his role in governance and refrain from meddling in the party’s administration. Speaking at a press conference…
Kidnappers Terrorize Communities Across Southeast Nigeria” The Southeast region of Nigeria is reeling under a relentless wave of kidnappings, as criminal groups lay siege to its communities. This kidnapping crisis in Southeast Nigeria has turned everyday life into a nightmare for residents, who now live in constant fear of abduction. Kidnapping incidents have escalated alarmingly,…
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