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1005 Results / Page 15 of 112

BUSINESS

Public debt stock may hit N130tn by Dec – Report

Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio. This was revealed in a report by Afrinvest, an investment management company, titled, ‘Bank Recapitalisation, Catalyst for a $1tn Economy, ‘ unveiled in Abuja recently. Nigeria’s public debt stock, which includes external and domestic debt, stood at N121.67tn in the first quarter of 2024, up from N97.34tn in the fourth […]

todayAugust 5, 2024 13

BUSINESS

Dangote diesel sulphur triggers concern, marketers fault rejection report

The controversy surrounding the sulphur content in the Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery, has yet to abate. Over the weekend, there were online reports alleging that the diesel recently supplied by the $20bn refinery contained high sulphur. This came as oil marketers stated that despite the allegations of high sulphur in Dangote diesel, no motorist or industrial consumer had registered any complaint against […]

todayAugust 5, 2024 15

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BUSINESS

JAMB gives schools ultimatum to disclose illegal admissions

The Joint Admissions and Matriculation Board has given all tertiary institutions in the country one month to disclose all admissions conducted outside its Central Admissions Processing System before 2017. The Public Communication Advisor for JAMB, Dr Fabian Benjamin, who disclosed this at a press briefing in Abuja, on behalf of the board’s registrar, Prof Ishaq Oloyede, on Sunday, said the directive was aimed at enhancing transparency and fairness in the […]

todayAugust 5, 2024 9

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BUSINESS

Hunger protests: Marketers stop fuel supply, queues resurface

Oil marketers have explained that the reappearance of queues at filling stations in many states is because of the halt in the supply of petroleum products by dealers in a bid to avert losing their assets due to the ongoing nationwide hunger protests. Many states in Nigeria, including the Federal Capital Territory, Abuja, witnessed varying degrees of queues about two weeks ago, which the Nigerian National Petroleum Company Limited blamed […]

todayAugust 5, 2024 9

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NEWS

[ICYMI] Lagos intervenes as woman battles monarch for demolishing property, selling land

In the Ikorodu area of Lagos State, a fierce land battle is unfolding, pitting a 64-year-old woman against a monarch in a dispute that has turned the spotlight on longstanding issues of land ownership in the state. BABATUNDE TITILOLA reports When Mrs Olaitan Ogunseye purchased a parcel of land from the royal family of Mushade Odugate of the Majolagbe Family in Ikorodu, Lagos State, in 2000, neither she nor her husband thought the […]

todayAugust 5, 2024 18

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ENTERTAINMNET

JUST IN: DSS arrests #EndBadGovernanceInNigeria protest leader in Abuja

Operatives of the Department of State Services have arrested one of the leaders of the ongoing Endbadgovernance protests in the Federal Capital Territory, Micheal Lenin. Lenin was picked up by the DSS around 2 am on Monday at his residence in the Apo area of the FCT. Speaking with our correspondent, the Director of Mobilisation, Take It Back Movement, Damilare Adenola, said Lenin’s house was raided by the DSS. He […]

todayAugust 5, 2024 13

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NEWS

D’Tigress brace for American challenge in Olympics quarterfinal

Nigeria’s D’Tigress have been drawn against the United States in the quarter-finals of the women’s basketball event at the 2024 Paris Olympics. The Nigerian ladies made history by securing Nigeria’s first-ever berth in the last eight of the Olympic basketball tournament. This followed their impressive 79-70 victory over Canada in their final group game on Sunday. The team accumulated five classification points and initially topped Group B. However, their standing […]

todayAugust 5, 2024 12

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NEWS

Hunger protest: Tinubu’s speech attracts knocks, kudos

•Soyinka, PDP slam President’s address•NGO, others hail it•Protest organisers demand 1,150 detainees’ releaseThe organisers of the #EndBadGovernance protest have demanded the release of 1,150 protesters allegedly arrested by the police during the first three days of the nationwide rallies.

todayAugust 5, 2024 4

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NEWS

Ajayi, Ashe bow out of 100m

Nigeria’s duo Kayinsola Ajayi and Favour Ashe fell short of the qualifying spots in the men’s 100m semi-finals of the Paris 2024 Olympic Games on Sunday with both men finishing sixth in their respective races, Sports Extra reports. After progressing through the heats on Saturday, all eyes were on both men inside the Stade de France as they lined up in the star-studded event, with the hope of seeing Nigeria […]

todayAugust 5, 2024 18

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