UNGA 79: Tinubu seeks debt forgiveness for Nigeria

UNGA 79: Tinubu seeks debt forgiveness for Nigeria

President Bola Tinubu has called on world leaders to prioritise debt forgiveness for Nigeria and other developing countries from creditors and multilateral financial institutions. The President also asked the United Nations to commit to multilateralism by deepening relations among member states, in line with the principles of inclusivity, equality and cooperation. Tinubu, who is the Chairman of the Authority of Heads of States and Government of the Economic Community of […]

September 25, 2024 29

NEWS

Spain’s PM Sanchez seeks fairer trade relations with China

Spanish Prime Minister, Pedro Sanchez, on Monday, called for “fair trade order” during a visit to China aimed at boosting ties with the economic giant despite a standoff between Beijing and the European Union. Sanchez met local counterpart Premier Li Qiang at Beijing’s ornate Great Hall of the People on Monday afternoon, telling him Spain “wishes to continue strengthening its relations with China”. “We want to build bridges to defend […]

September 9, 2024 12

BUSINESS

Fuel crisis lingers as NNPC seeks fresh $2bn crude-backed loan

The Nigerian National Petroleum Company Limited is in talks for another oil-backed loan to boost its finances and allow investment in its business, the Group Chief Executive Officer, NNPC, Mele Kyari, has said. Sources familiar with the situation said the oil firm aims to raise at least $2bn through the proposed new loan. In August 2023, NNPC announced that it had secured a $3.3bn emergency crude oil repayment loan from […]

July 10, 2024 21

NEWS

Fuel crisis lingers as NNPC seeks fresh $2bn crude-backed loan

The Nigerian National Petroleum Company Limited is in talks for another oil-backed loan to boost its finances and allow investment in its business, the Group Chief Executive Officer, NNPC, Mele Kyari, has said. Sources familiar with the situation said the oil firm aims to raise at least $2bn through the proposed new loan. In August 2023, NNPC announced that it had secured a $3.3bn emergency crude oil repayment loan from […]

July 10, 2024 14

POLITICS

Nnamdi Kanu denounces S’East killings, seeks negotiation with FG

The leader of the Indigenous People of Biafra, Nnamdi Kanu, on Wednesday, denounced the killings in the South-East over the group’s agitation for secession. He also appealed for an out-of-court settlement of his ongoing treason trial by the Federal Government. The IPOB leader, who has been in detention since 2021 following his re-arrest in Kenya and repatriation to Nigeria, made the appeal on Wednesday when he appeared for the continuation […]

June 20, 2024 12

NEWS

FG seeks 18-month extension for $800m W’Bank palliative scheme

No fewer than three million poor and vulnerable households have benefitted from the $800m palliative loan disbursed by the World Bank to cushion the effect of recent government policies, such as the fuel subsidy removal. Of these beneficiaries, 700 thousand households were from rural areas and about 2.5 million households were from urban areas. The World Bank revealed this in its restructuring paper on how to bolster its social safety […]

June 20, 2024 9

ENTERTAINMNET

Toyin Abraham seeks end to nollywood rivalry with Funke Akindele, Mercy Aigbe

Nigerian actress, Toyin Abraham, took to social media on Sunday to praise her colleagues, Funke Akindele and Mercy Aigbe, as she urged for more positivity within the Nollywood film industry. “Please, it is time we celebrate ourselves more rather than compete with ourselves. We need to create an ecosystem of more successful people so we can all have more capability to create more successful people,” she wrote. She also admitted […]

April 22, 2024 30

NEWS

GreenLight Initiative Seeks Accountability, Inclusiveness, Youth Participation in Governance

GreenLight Initiative Seeks Accountability, Inclusiveness, Youth Participation in Governance The GreenLight Initiative, has expressed its readiness to foster collaboration towards meaningful youth participation in governance. It made its position known during a courtesy visit to the Honourable Commissioner, Public Complaints Commission, Hon. Dalhatu Musa Ezekiel, as part of its ongoing project activities supported by LEAP Africa and the Nigeria Youth Futures Fund which aimed at catalyzing youth action for accountability […]

March 15, 2024 82

NEWS

Nigeria seeks US support on G20, UN security council slots

The Federal Government on Tuesday asked for the support of the United States on its membership in the G20 and a seat on the United Nations Security Council. President Bola Tinubu made the request on Tuesday at a bilateral meeting with the US Secretary of State, Antony Blinken, at the Presidential Villa, Abuja. Addressing a joint press briefing after the bilateral discussions, Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, said […]

January 24, 2024 25

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