FG Launches N10bn Housing Loan for Civil Servants
The Federal Government has unveiled a ₦10 billion housing loan scheme for civil servants. Didi…
FG Launches N10bn Housing Loan for Civil Servants
The Federal Government has unveiled a ₦10 billion housing loan scheme for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, announced the plan in Abuja on Friday. The initiative aims to lower the barrier to home ownership for public workers. It will operate through the Federal Mortgage Bank of Nigeria and…
FAAN Pledges Sustained Safety After Record Score
The Federal Airports Authority of Nigeria (FAAN) intends to maintain its recent trajectory in aviation safety standards. Nigeria achieved an Effective Implementation score of 91.45 per cent during the 2026 Coordinated Validation Mission. This performance far exceeds the global average of 70.4 per cent. The leap from the previous 70.23 per cent score validates the…
Trump Extends G20 Invite to Putin
President Donald Trump will invite Vladimir Putin to December’s G20 summit in Miami. The administration maintains that all members must attend the leaders’ gathering. This move signals a deliberate shift in Western diplomatic posture. It prioritizes direct engagement over the isolation seen since 2022. The Kremlin has yet to confirm the Russian leader’s attendance. Trump…
Troops Neutralise 24 Insurgents in Yobe Attack
Soldiers of the Northeast Joint Task Force killed 24 Boko Haram fighters in Yobe State yesterday. The insurgents attempted to overrun the Kukareta community along the Damaturu–Maiduguri road during the early morning hours. Troops of Sector 2 responded with a swift offensive, forcing the attackers into a chaotic retreat. The military continues to scan the…
Atiku Faults Tinubu Over $516m Loan Request
Atiku Abubakar has cautioned President Bola Tinubu against further external borrowing. The former Vice President labelled the government’s latest $516 million loan request as reckless. The administration seeks these funds to support the Sokoto-Badagry superhighway project. This proposal currently awaits Senate approval. Atiku argues the government lacks a transparent repayment framework for such debt. The…
Naira Trades Within Narrow Band Amid Market Caution
The Nigerian naira holds steady in both official and parallel foreign exchange markets this week. Official rates at the Nigerian Foreign Exchange Market (NFEM) hover between ₦1,350 and ₦1,355 per dollar. This performance reflects the Central Bank of Nigeria’s managed float system. The regulator attempts to curb sharp volatility through intermittent interventions. Market sentiment remains…
Britain Bans Cigarette Sales To Under-17s For Life
Britain has taken a sweeping legislative step against tobacco use, with both chambers of parliament passing a landmark bill that permanently prohibits anyone aged 17 and under from ever purchasing cigarettes in their lifetime regardless of how old they eventually become. The Tobacco and Vapes Bill, now awaiting royal assent to become law, targets…
Court Rejects El-Rufai’s Bail Bid
A Kaduna State High Court has rejected the bail application of former Kaduna Governor Nasir El-Rufai, ruling that the gravity of a nine-count charge against him and credible fears of witness interference were sufficient grounds to deny his release pending trial. Justice D.H. Khobo of the Kaduna Judicial Division delivered the ruling on April…
Injury Blow as Lamine Yamal Ruled Out Until World Cup
Barcelona forward Lamine Yamal has suffered a hamstring injury to his left leg, though the Spanish club says the teenage sensation is expected to recover in time for the 2025 FIFA World Cup, which opens on June 11. The club confirmed the injury on Thursday following medical tests. “Tests have confirmed that first-team player…
Senate Scrutinises $516m Deutsche Bank Loan For 1,000-km Highway
President Bola Tinubu has formally approached the Senate for authorisation to secure a $516,333,070 syndicated loan from Deutsche Bank AG, a facility intended to bankroll the initial sections of the Sokoto–Badagry Super Highway. The request, contained in a letter addressed to Senate President Godswill Akpabio and read during Thursday’s plenary, marks the administration’s latest…