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 ...
Consumers in December 2023 experienced a spike in the average retail price of kerosine reaching N1,362.27 per litre nationwide. This marked a 5.84 per cent increase compared to the N1,287.10 recorded in November 2023, reports The PUNCH. The latest report of the Nigerian Bureau of Statistics obtained today indicates on a year-on-year basis, the...
The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for January 2024, a statement by the Director of Pres...
The World Health Organisation, yesterday, warned that the coronavirus disease is still a major threat despite partially passing under the radar. The United Nations agency noted that almost 10,000 COVID-19 deaths were reported in December, saying data from various sources pointed to increased transmission last month, fuelled by gatherings over ...
•Tinubu Federal civil servants across the country are grumbling over the delay in payment of their December 2023 salaries. They said it was sad they marked Christmas yesterday without money, a development that affected their families, especially those who had no savings, reports Daily Trust. Many of those who spoke to our correspondent lamente...
•Nigerian Senate The leadership of the 10th Senate has donated 109 million naira to victims of mistaken army air strike at Tudun Biri village in Igabi Local Government Area of Kaduna State. The Deputy Senate President, Senator Barau Jibrin, who announced the donation when he led other principal officers and senators on a condolence visit [&hel...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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