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FG’s deficit spending rises 7% to N593bn — CBN

•As revenue into Federation account drops 9.8% By Babajide Komolafe,  Economy Editor The Federal Government recorded deficit spending of N593 billion in August this year, representing seven per cent higher than N554.21 billion recorded in the previous month.   The increased deficit was driven by 4.2 per cent,   month-on-month MoM,   increase in capital expenditure which moderated […]

Soludo inaugurates new Anambra trader union leadership

By Chimaobi Nwaiwu, Nnewi THE Anambra State government yesterday inaugurated a 24-man Caretaker Committee for the Anambra State Markets Amalgamated Traders Association, ASMATA, an umbrella association that unites all the markets in Anambra State, with Chief Humphrey Anuna, as the President General. The inauguration of the ASMATA Caretaker Committee, which was held at held at […]

Electoral participation: UniAbuja to enhance training of students on leadership

By Joseph Erunke ABUJA – THE University of Abuja, UniAbuja, has said it would enhance Nigeria’s democratic space by training its students on leadership. The institution’s vice chancellor,Prof. Rasheed Na’Allah, said his administration was committed to changing the political narrative for the country, through the programme. This came as the former Resident Commissioner of the […]

N1.9trn Service Wide Vote: Senate threatens 100 agencies with zero allocation

By Henry Umoru ABUJA—THE Senate, yesterday, gave a one week ultimatum to 100 federal Ministries, Departments and Agencies, MDAs, to appear before it and explain how they spent the Service Wide Vote allocations from 2017 to 2021. Speaking in Abuja after raising a point of Order by the Chairman, Senate Committee on Public Accounts, Senator Matthew […]

Man allegedly stabs wife to death during argument in Lagos

A 49-year-old man, Lawrence Itape, has been arrested for allegedly stabbing his wife, Rebecca, to death during an argument over water to take his bath, in their apartment at Seaside Estate, Badore, Ajah area of Lagos.

Customs impound pangolin scales, rice, others worth over N1bn in 2 months

By Godfrey Bivbere The Comptroller-General of Customs, CGC Strike Force Team A, has impounded 376.4 kilograms of pangolin scales,1010 x 50kg bags of foreign parboiled rice, 40 kilograms of Indian Hemp, and other prohibited items with Duty Paid Value, DPV of over N1 billion in the last two months. Disclosing this in Lagos, the Coordinator […]

Reps bicker over passage of bill to remove NASS from pension scheme

By Levinus Nwabughiogu Abuja — Members of the House of Representatives, yesterday, bickered amongst themselves over a bill to amend the Pension Reform Act, 2014, to exempt personnel of National Assembly Service from the contributory pension scheme and to establish the National Assembly Service Pensions Board. The bill sponsored by the chairman, Committee on National Planning […]

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