The Defence Headquarters (DHQ) on Thursday said 36 officers were killed in Niger State. Director Defence Media Operations, Major General Edward Buba, made this known when he gave a breakdown of casualties in the ambush of troops in Niger State and an evacuation helicopter that crashed on August 14, 2023. …
Read More »N6.9bn fraud: Emefiele’s arraignment stalled, court adjourns to Aug 23
The arraignment of suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal Capital Territory (FCT) High Court in Abuja over N6.9 billion alleged procurement fraud has been stalled due to the absence of the first and second defendants who are said to be indisposed. Emefiele was, however, …
Read More »Firm decries increase in borehole drilling cost
The Co-founder of Global Initiative for Nigeria Development (GIND), Engr. Michael Ale has decried the increasing cost of borehole drilling in the country. The development expert who described the current free fall of Naira currency as cause for the increasing high cost of drilling boreholes feard that soon potable water …
Read More »NNPCL Secures $3bn Loan To Stabilise Naira
The Nigerian National Petroleum Company (NNPC) Limited has secured a $3 billion Emergency Crude Repayment Loan from African Export-Import Bank (AFREXIM) Bank. In a short statement disclosing the deal, the NNPC said the commitment letter, which was signed at AFREXIM Bank’s headquarters in Cairo, Egypt on Wednesday, will enable it …
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