We get value for most of the money BMGF spends in Nigeria, says Bill Gates
Bill Gates, co-founder of the Bill and Melinda Gates Foundation (BMGF), says the Foundation gets value for the funds it spends in Nigeria. Speaking during an exclusive interview with select journalists in Lagos, Gates said the Foundation strives to get the right people to commit to the work that is being done. He […]
Tinubu leaves France, heads to London for ‘private visit’
President Bola Tinubu has departed France for London on a “short private visit”. On Tuesday, Tinubu travelled to France for the global financial pact summit. The president was scheduled to be back in the country today. However, in a statement issued Saturday afternoon, Dele Alake, Tinubu’s special adviser on communications and […]
Wagner group’s rebellion has exposed Russia’s weakness, says Zelenskyy
Volodymyr Zelenskyy, president of Ukraine, says the rebellion of Wagner Group, a private mercenary force in Russia, has revealed the “full-scale weakness” of the Kremlin. In a post on his Twitter account on Saturday, Zelenskyy said the mercenary group’s actions had unmasked the “stupidity” of the Russian government. Yevgeny Prigozhin, leader of […]
‘Our diversity is an asset’ — Tinubu interacts with Nigerians in France
President Bola Tinubu says Nigeria’s diversity is an “asset” that can be used to achieve prosperity. Speaking on Friday at an interactive session with Nigerians in Paris, Tinubu likened the diversity in Nigeria to that of siblings “born of the same father in the same house except living in different rooms”. The […]
DMO: Nigeria’s debt increased by N3.6trn in three months — hits N49.85trn
The Debt Management Office (DMO) says Nigeria’s total public debt — federal and state governments — hit N49.85 trillion at the end of the first quarter (Q1) of 2023. The figure represents an increase of N3.60 trillion compared to N46.25 trillion recorded at the end of December 2022. In a statement issued […]
Report: Nigeria owing Vitol, BP $3bn for crude oil swap contracts
Nigeria is reportedly owing about $3 billion to trading houses and oil majors for crude oil swap arrangements, through which the country imports petroleum products. The country is also said to be four to six months behind schedule for the repayment in crude, four traders and executives told Reuters on Friday. The […]
Wagner mercenary group declares war on Russian army, vows to topple military leaders
Yevgeny Prigozhin, leader of Wagner Group, a private mercenary force in Russia, has mobilised his troops against the country’s military and President Vladmir Putin. Prigozhin said his fighters had crossed the border from Ukraine into Russia and would destroy anyone in their way, including roadblocks and aircraft. Wagner, established in 2014, […]
Public disclosure: SEC denies allegations of not publishing financial records for 9 years
The Securities and Exchange Commission (SEC) has debunked claims that it has not published its annual reports and accounts for years. In a statement on Friday, the SEC said media reports had insinuated that the commission has not audited its financial statements since 2014. The agency denied the assertions, describing them as […]
Atiku, Obi close cases | Only 40 of 150 witnesses called — highlights of Friday’s tribunal session
The Peoples Democratic Party (PDP) and its presidential candidate Atiku Abubakar as well as Peter Obi, candidate of the Labour Party (LP), have closed their respective cases before the presidential election petition court. Here are the major highlights of Friday’s proceedings. PDP, ATIKU CLOSE CASE The PDP and Atiku closed their […]
Newspaper Headlines: CBN asks banks to monitor accounts of political appointees
Reports on the implications of petrol subsidy removal dominated the cover pages of Nigerian newspapers. Source: Top Stories