Economy Nigeria Top Story

Senate approves Buhari’s $1.5bn, €995m external loan requests

The Senate on Wednesday approved $1.5billion and €995million external loan requests From President Mohammadu Buhari. The approval was sequel to the consideration of the report of the Senate Committee on Local and Foreign Debts presented by its Chairman, Sen. Clifford Ordia (PDP-Edo) during plenary. The president had in May 2020 sent a letter to the Read More…

Nigeria Top Story

Kidnappers abduct unknown number of Nigerian university students

Kidnappers killed one person and took an unknown number of students from a university in northwest Nigeria’s restive Kaduna state, police said on Wednesday, in the latest in a series of abductions at educational institutes. Armed groups have repeatedly struck northern Nigerian schools and universities since December, abducting more than 700 students for ransom. The Read More…

Africa Featured World

Rebels threaten to march on capital as Chad reels from president’s battlefield death

Rebel forces set their sights on Chad’s capital on Wednesday following the battlefield death of President Idriss Deby, a move that threatens to bring even more turmoil to a country vital to international efforts to combat Islamist militants in Africa. A spokesman for the Libyan-based rebel group, known as the Front for Change and Concord Read More…

Top Story World

Guilty verdict for George Floyd’s killer brings relief, calls for wider justice

Americans anxiously awaiting a verdict in the trial of Derek Chauvin reacted with jubilation and relief on Tuesday after a jury found the former Minneapolis police officer guilty of murdering George Floyd during an arrest last May. But elation over the trial’s outcome, capping nearly a year of social upheaval, racial tensions and political strife Read More…

Banking Business Economy Featured

CBN urges banks to support businesses seeking expansion

The Central Bank of Nigeria (CBN) has urged commercial banks to leverage their presence in other parts of Africa to support Nigerian businesses seeking to plant their footprints into new markets. The CBN Governor, Mr Godwin Emefiele, gave the advice at the Zenith Bank’s 2021 Export Seminar on Tuesday in Lagos. Emefiele called on the Read More…

Metro Real Estate Top Story

8 of 10 Lagos residents prefer monthly rent payment- Survey

A property technology platform, Rent Small-Small, says eight of 10 residents in Lagos prefer to pay their house rent on a monthly basis. Its Co-founder/Chief Executive Officer, Mr Tunde Balogun, who made this known in a statement on Tuesday in Lagos, said this was an outcome of a survey conducted in Lagos. The organisation provides Read More…