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Tinubu Approves ₦3.3trn Power Sector Debt Settlement to Boost Electricity Supply
President Bola Tinubu has approved a ₦3.3 trillion payment plan to clear long-standing debts in Nigeria’s power sector, marking a major step toward stabilising electricity generation and restoring investor confidence after over a decade of financial strain. The debt repayment plan followed the final review of the legacy debts that…
Read More »Nigeria Launches National Single Window Phase 1 to Cut Trade Costs, Boost Port Efficiency
Nigeria has taken a major step toward modernising its trade ecosystem with the launch of Phase 1 of the National Single Window (NSW), a coordinated reform initiative aimed at reducing cargo dwell time, lowering trade costs, and unlocking broader economic growth. The reform initiative is designed to address cargo dwell…
Read More »Troops Foil Coordinated ISWAP Attacks in Njimtilo, Baga, Buratai, Damboa
Troops of Operation HADIN KAI (OPHK) have demonstrated superior combat strength and tactical dominance, successfully repelling coordinated terrorist attacks by ISWAP fighters on multiple military positions in Njimtilo, Baga, Buratai, and Damboa, the military said. The military in a statement on Tuesday by the Media Information Officer Headquarters Joint Task…
Read More »Nigeria risks missing oil windfall as Navy uncovers 17,500 Litres of stolen crude
Nigeria, Africa’s leading oil exporter, shipping approximately 2.3 million barrels of oil per day, might miss out in the oil windfall triggered by the ongoing US-Iran war, if oil theft in its creeks is not checked. Recent operations by the Nigerian Navy in the Niger Delta revealed four dug-out pits…
Read More »Nigerian court orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
Justice Anthony Onovo of the Enugu High Court, on Thursday, ordered the British Government to pay £20 million each to the families of the 21 coal miners killed in Enugu State in 1949 by the Colonial masters. The News Agency of Nigeria (NAN) recalls that the massacre took place at…
Read More »Nigerian Army Intensifies Multi-Domain Operations Against Asymmetric Threats
The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has reaffirmed the unwavering commitment of the Nigerian Army to a dynamic, intelligence-led and technology-enabled approach to tackling asymmetric threats to Nigeria’s national security. Speaking during a strategic lecture to participants of National Defence College (NDC) Course 34, the COAS…
Read More »Tinubu reportedly directs Wike to suspend impeachment efforts against Fubara at truce meeting on Rivers politics
President Bola Ahmed Tinubu has reportedly intervened in the deepening political crisis in Rivers State, brokering a truce between Governor Siminalayi Fubara and Federal Capital Territory (FCT) Minister Nyesom Wike. The move, according to reports, comes as tensions have paralyzed governance in Nigeria’s oil-rich state, threatening both political stability and…
Read More »Nigeria to take delivery of 24 fighter jets worth €1.2b from Italian firm
Nigeria has officially finalized a €1.2 billion agreement to acquire 24 M-346FA fighter jets from the Italian defense company, Leonardo, marking what is widely regarded as the largest military aircraft purchase ever by a West African country. The acquisition, according to Nigeria’s Defence sources, forms a key part of ongoing…
Read More »Six real estate marketers abducted during land inspection in Ogun
Six Lagos-based real estate marketers have been abducted in Ogun State while on an inspection visit to their company’s property in Oyebola village, Obafemi-Owode Local Government Area. The victims were said to have travelled to the site on Friday to assess the land when they were seized by unidentified gunmen.…
Read More »Emir Sanusi Warns Katsina Communities Against Peace Deals That Strengthen Bandits
Emir of Kano, Muhammadu Sanusi II, has cautioned communities in Katsina State against entering peace agreements that inadvertently strengthen bandits or allow them to launch attacks on neighbouring states, stressing that such deals must prioritise security and regional stability. Peace deals have become a recurring practice in parts of the…
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