The Federal Government has raised about N4.13tn from bonds in the first half of 2024. This was revealed in the FMDQ Exchange Financial Markets Monthly Report for June this year. Value of new issuance of FBN bonds for June, which was N297.01bn, was the lowest in six months and the highest was N1.49tn in February. At the end of June 2024, the value of outstanding FGN bonds, which includes savings […]
Venezuela’s opposition has declared victory in Sunday’s presidential election, challenging the government’s earlier announcement that President Nicolás Maduro won. The National Electoral Council, controlled by Maduro loyalists, reported that Maduro secured 51% of the vote to González’s 44%. However, they withheld the detailed tallies from the 30,000 polling booths, promising to release them in the “coming hours,” which has hindered verification of the results. In his victory speech, Maduro mocked […]
President Bola Tinubu has condoled with the family of late Senator Ifeanyi Ubah, representing Anambra South Senatorial District at the National Assembly. In a statement, the President describes the deceased as a renown businessman and politician. President Tinubu commiserates with the friends and colleagues of the late Senator, the National Assembly, and the government and people of Anambra State over the loss. The President prays for the repose of the […]
A series of fires has hit French high-speed rail lines, hours before the Paris Olympics opening ceremony. Rail company SNCF says it's a "massive attack aimed at paralysing the network" France's transport minister condemns the "co-ordinated malicious acts" Some 800,000 customers will be affected with disruption expected all weekend, the rail firm says One in four Eurostar services across its entire network will be cancelled until Monday. Image credit: france24.com
Economic outlook for the second half of 2024 shows that ongoing reforms by the President Tinubu led government are beginning to yield results as seen with cases of improved trade balance, Increased FAAC allocations, Surge in Capital imports, Increased Foreign Reserves and Exchange rate convergence. This is according to the Norrenberger group, which also admitted that the reforms left Nigerians with High prices, Insecurity, Increased poverty, Depreciating currencies and High […]
The Nigerian Police, FCT Command has vowed to resist violence during the planned nationwide protest slated for August 1. A statement by Police Public Relations Officer, Josephine Adeh in Abuja on Friday, said the FCT Command has also deployed a total of four thousand two hundred police officers to curb any form of violence that might arise during the protest. The command was reacting in anticipation of the planned nationwide […]
The network of Abuja left groups has called for the implementation of a uniformed salary structure for workers and political office holders, reduction in the cost of petrol and electricity tariff and implementation of a minimum wage that meets the basic needs of all workers. The coalition which is an association of activists committed to social justice and equal rights for all Nigerians, made the demand in Abuja at a […]
The Defence Headquarters (DHQ), says the planned nationwide protest has the potential of degenerating into anarchy, and reign of terror based on the situational analysis by the military high command. Director, Defence Media Operations, Major General Edward Buba made this statement in Thursday while briefing newsmen on the operations of the armed forces in Abuja. Buba said the military had thoroughly examined several factors such as whether or not the […]
President Bola Tinubu, has pledged to empower the Nigeria Police Force with more weapons, training and personnel to boost its capacity to fight crimes. The President made the pledge on Wednesday in Abuja at the inauguration of the Nigeria Police Force National Cyber Crime Centre (NPF-NCCC) and the Nigeria Police Force Resource Centre. Tinubu, represented by the Minister of Communication, Innovation and Digital Economy Dr. Bosun Tijani said the pledge […]
