Monday , 15 June 2026

NewsReports

Head Of Service Unveils Portal For Govt Circulars

The Head of the Civil Service of the Federation, Didi Walson-Jack, has unveiled an online portal to enhance the accessibility of government circulars for civil servants. Speaking at the launch event in Abuja on Wednesday, Walson-Jack described circulars as essential tools for governance and administration within the civil service. She stated, “Circulars provide direction, clarify policies, and ensure that decisions …

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Experts Warn As Tinubu Seeks Approval For $2.2bn Fresh External Borrowing

President Bola Tinubu has written to the National Assembly seeking approval for a new external borrowing of $2.209 billion (N1.767 trillion), as provided for in the 2024 Appropriation Act, with experts warning against plunging the country into more debt. According to the President, the request is part of Nigeria’s budgetary financing plan, which aims to address a portion of the …

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Nigeria’s Oldest Banking Institution Becomes “First Holdco” As Shareholders Endorse New Name

Nigeria’s oldest banking institution is taking a new identity in the form of name change after shareholders gave their nod to the proposal to replace the name it has been known by in 12 years with “First Holdco.” The financial services group, whose centenarian flagship subsidiary First Bank pioneered commercial banking in Nigeria when it came to life in 1894 …

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Why Oshiomhole Opposed Son’s Nomination As Commissioner, Says Edo Deputy Gov

Edo State Deputy Governor, Dennis Idahosa, has disclosed that former governor of the state, Adams Oshiomhole, opposed the nomination of his son, Cyril, as Commissioner for Health. Recall that after his inauguration on November 12, Edo state governor, Monday Okpebholo, nominated Oshiomhole’s son, Cyril, to serve as the state’s commissioner of health.  Speaking during an appearance on Channels Television on …

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NNPCL Admits Challenges Delaying P’Harcourt Refinery Take-off

Barely two months after the September completion deadline flop, the Nigerian National Petroleum Commission has explained why it could not deliver the much-awaited Port Harcourt Refinery Company. In an interview with our correspondent on Monday, the NNPC Chief Corporate Communications Officer, Olufemi Soneye, said the company encountered risks and challenges while carrying out the rehabilitation, being a brownfield project. He …

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FG Proposes Zero percent VAT On Food, Education, Healthcare, Exempt Rent, Transport —Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, on Monday, said the proposed tax reform bills before the National Assembly are not aimed to undermine any region of the country. Mr Oyedele, who disclosed this in Abuja, during an interactive session on the proposed Nigeria Tax Bill, 2024, organised by the House of Representatives, …

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President Tinubu Seeks National Assembly’s Approval For Fresh N1.76trillion Borrowing To Fund Budget Deficit

The loan, if approved, is intended to partly finance the N9.7trillion budget deficit for the year.  President Bola Tinubu has submitted a fresh external borrowing proposal to the National Assembly, requesting approval for N1.767trillion under the 2024 appropriation act.  The loan, if approved, is intended to partly finance the N9.7trillion budget deficit for the year.  The request was presented to …

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Five Dead as Monday Sit-At-Home Turns Bloody In Anambra

Five persons were on Monday killed by yet-to-be-identified gunmen who opened fire on some residents and security operatives at Ukpo community in Dunukofia Local Government Area and Abatete community in Idemili North Local Government Area of Anambra State, the News Agency of Nigeria (NAN) has reported. This is just as the state police command has launched a manhunt for the …

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At G20 Summit In Brazil, Tinubu Lauds Creation Of Global Alliance Against Hunger, Poverty

President Bola Tinubu has lauded the creation of the Global Alliance Against Hunger and Poverty, championed by President Luiz Inacio Lula da Silva of Brazil. He described the alliance as pivotal in the global fight against hunger and poverty. PHOTO CAPTION L -R : First Lady of Brazil,Janja Lula da Silva; President of Brazil,Luiz Inacio Lula da Silva welcome Nigerian …

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Presidency Slams Obasanjo Over Tinubu’s Criticisms

Special Adviser to President Bola Tinubu on Public Communication and Orientation, Sunday Dare, has responded sharply to recent criticisms from former President Olusegun Obasanjo, accusing him of perpetuating mischief and distorting facts in his comments. In a post on X (formerly Twitter), Dare defended President Tinubu’s administration and reaffirmed its commitment to progress, asserting that successive Nigerian governments, including Tinubu’s, …

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