Author: Ifetayo Adeniyi

World Bank approves $500m loan to strengthen Nigeria’s economic program World Bank approves $500m loan to strengthen Nigeria’s economic program The World Bank has approved a $500 million loan to Nigeria to support the country’s Community Action for Resilience and Economic Stimulus Program. According to information obtained from the bank’s website on Sunday, the approval, which took place on March 28, 2025, marks a significant step in addressing Nigeria’s economic challenges through expanded access to livelihood support, food security services, and grants for poor and vulnerable households and firms. The project, officially titled the Nigeria: Community Action for Resilience and…

Tinubu almost dropout of 2023 Presidential Race President Bola Tinubu Tinubu almost dropout of 2023 Presidential Race * Economic hardship and cash withdrawal crippled the country because of Tinubu. * Aminu Masari’s encouragement helped to move forward. President Bola Tinubu has disclosed that he contemplated withdrawing from the last presidential race in 2023 due to the economic uncertainty in the country then. Reflecting on his political journey on Saturday night at a special Iftar held in his honour at the State House, Abuja, the President recounted a moment of doubt during the 2023 election campaign when he contemplated withdrawing from…

Petrol rises to N970/litre at the pump Petrol rises to N970/litre at the pump The price of Premium Motor Spirit (PMS), popularly known as petrol at the pump, has reportedly risen to between N930 and N970 per litre in parts of Lagos and its outskirts, up from the previous rate of N865 per litre. It has been observed on Sunday morning that filling stations around Lagos have changed their pump price from N865 per litre to between N930 and N970. Also, the depot price of the product on Sunday morning stood between N890 and N900 per litre, indicating an increase…

First Lady celebrates Nigeria mothers on Mother’s day Oluremi Tinubu First Lady celebrates Nigeria mothers on Mother’s day In her message to mark Mother’s Day, the First Lady, Senator Oluremi Tinubu, has extended warm wishes to mothers across the nation, recognising their invaluable role in shaping society. The First Lady described mothers as “the heart of families, the nurturers of children, and the pillars of society.” She highlighted the sacrifices, dedication, and unwavering commitment of Nigerian mothers in raising the next generation despite the challenges they face. “I honour every mother across Nigeria—those who care tirelessly for their families, who…

Shade Okoya to be honoured, praises husband over award Shade Okoya to be honoured, praises husband over award. The Managing Director of Eleganza Industrial City Ltd, Mrs. Folashade Okoya, has expressed profound gratitude to her husband, Chief Rasaq Okoya, for his unwavering support following her recognition at the forthcoming Arise Gala for Women Making Impact 2025. The event, organised by Arise News Channel, will take place on Monday, March 31, to celebrate 65 outstanding women in honour of Nigeria’s 65th independence anniversary. Folashade is being recognised for her immense contributions to Nigeria’s industrial growth and economic development. In a statement…

Eid-el-Fitri: LAWMA asks for responsible waste disposal through PSP LAWMA LAWMA asks for responsible waste disposal through PSP The Lagos Waste Management Authority (LAWMA) has called on residents to properly bag and dispose of their waste, through their Private Sector Partnership (PSP) operators, during and after the Eid-el-Fitri festivities. The Managing Director/Chief Executive Officer of LAWMA, Dr. Muyiwa Gbadegesin, said this in a statement made available to the News Agency of Nigeria (NAN) on Saturday in Lagos. Gbadegesin said the authority had put adequate measures in place to ensure that the celebration was observed in a dirt-free environment. “As we…

NARD gives record of resident doctors as 11,899 NARD Logo NARD gives record of resident doctors as 11,899. The Nigerian Association of Resident Doctors has revealed that the number of its members is now 11,899. The association, which represents about 40 per cent of Nigerian doctors, said improving incentives and working conditions would encourage more doctors to remain in the country. NARD President, Dr Tope Osundara, said increasing the retirement age of healthcare workers from 60 to 65 years was not the only solution to addressing the growing human resource gap in the healthcare sector. Osundara, however, explained that efforts…

Importation: Nigerians spent N21tn on food – Report National Bureau of Statistics building Importation: Nigerians spent N21tn on food – Report A total of N21.51tn was spent on the importation of various goods, including foodstuffs and other items, by Nigerians over the past four years, data from the National Bureau of Statistics has revealed. The data indicates that despite efforts to boost local production, Nigeria’s dependence on imports continues to rise across multiple sectors. Of the N21tn, N6.77tn was spent on the importation of prepared foodstuffs, beverages, spirits, vinegar, and tobacco during the period under review. In 2020, a sum…

Sultan announces Sunday Eld-el-Fitr day Muhammadu Sa’ad Abubakar Sultan announces Sunday Eld-el-Fitr day The Sultan of Sokoto, His Eminence Muhammadu Abubakar lll, declared Sunday (today) the Eld-el-Fitr day. Ramadan ended on Saturday following the sighting of the moon, signalling the beginning of the new Islamic month, Shawwal. In his speech while addressing journalists on Saturday night in his palace, the Sultan disclosed that the moon was sighted in many places in Nigeria by some Islamic leaders and verified by the Sultanate council The monarch listed cities where moon was sighted to include Sokoto, Kano, Maiduguri, Jos, Zaria, and Kaduna. The…

Eid-el-Fitr: Northern CAN condemns Edo killing, congratulates Muslims File copy: CAN Northern CAN condemns Edo killing, congratulates Muslims The Christian Association of Nigeria, 19 Northern States and the Federal Capital Territory, has congratulated Muslims on the successful completion of Ramadan and the celebration of Eid-el-Fitr. In a statement issued on Sunday in Kaduna by the Chairman, Rev. John Hayab, and the Secretary-General, Bishop Mohammed Naga, Northern CAN highlighted the spiritual significance of Ramadan. “The spiritual activities are significant and rewarding to every faithful, especially those who embrace the teachings as instructed in the Holy Books,” the statement read. The…