Former Commissioner for Finance, Abia State, Dr. Phillips Nto, in this interview, speaks on the 2024 budget, which is still in the works in the National Assembly. A development economist,World Bank consultant and university don, Nto notes that the deficit of N9.18 trillion in the N27.5 trillion budget raises posers about the whereabouts of the money saved from the removal …
Read More »CONCORD, N.H. — Rudolph the red-nosed reindeer may have millions of carrots set out for him on Christmas Eve, but what about the rest of the year? Finding food in a cold, barren landscape is challenging, but researchers from Dartmouth College in New Hampshire and the University of St. Andrews in Scotland report that reindeer eyes may have evolved to …
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Israeli soldiers raiding a hospital in northern Gaza desecrated the bodies of dead patients with bulldozers, let a military dog maul a man in a wheelchair, and shot multiple doctors even after vetting them for terror links, according to allegations by staff and patients. The claims relate to an eight-day operation by the Israel Defense Forces (IDF) at the Kamal Adwan Hospital last week, which …
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A former Governor of the Central Bank of Nigeria, Godwin Emefiele, will spend Christmas holiday with his family as he has been released from custody at the Kuje Correctional Centre after he met his bail conditions. According to the Public Relations Officer of the Nigerian Correctional Service (NCoS), Abubakar Umar, the gate of the Kuje Prison was opened to the …
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It is nine days to Christmas. For Christians and some non-Christians in most parts of the world, every December 25 is a day of celebration. It is a season that has always been characterised by joy across the globe. It is a period when Christians celebrate the birth of Jesus Christ. The season comes with travelling, cooking of special delicacies, buying …
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The Central Bank of Nigeria (CBN) has lifted the restriction on crypto assets and urged banks to disregard the initial ban on cryptocurrency transactions. CBN’s Director of Financial Policy and Regulation Department, Haruna Mustafa in a circular said current trends globally have shown the need for crypto regulation. “The CBN, in February 2021 issued a circular restricting banks and other …
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Victor Osimhen has signed a contract extension with Napoli until 2026, the Serie A champions announced on Saturday. “Victor and Napoli together until 2026,” said Napoli on social media, alongside a picture of the Nigerian international striker signing the new deal alongside club owner Aurelio De Laurentiis. Napoli have not revealed any details of the new contract but Italian media …
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Governor felicitates Oba of Benin on Igue Festival celebration The Edo State Governor, Mr. Godwin Obaseki, yesterday, signed the state’s 2024 Appropriation Bill, pegged at N342bn into law after the bill was passed by the Edo State House of Assembly. Signing the bill at the Government House, Obaseki commended the State Assembly for their collaboration, noting that the greater part …
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President Bola Tinubu’s proposed 2024 budget increased allocations for the education sector when compared to the sector’s allocation in the previous year. But the increased spending for the sector is still below the recommendations of the global education agency, the United Nations Educational, Scientific and Cultural Organisation (UNESCO). Going by UNESCO’s recommendation, Nigeria should spend between 15 – 20 per cent …
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The CBN Special Investigator recommends the prosecution of Mr Emefiele and at least 13 others, including his deputy governors, for alleged gross financial offences. The Special Investigator probing the Central Bank of Nigeria (CBN), Jim Obazee, has discovered 593 bank accounts located in the United States, United Kingdom and China in which the Central Bank of Nigeria (CBN), under Godwin Emefiele, kept …
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