NIGERIA DISAGREES WITH WORLD BANK OVER ₦7.7tn DEBT INTEREST PAYMENTS

NIGERIA DISAGREES WITH WORLD BANK OVER ₦7.7tn DEBT INTEREST PAYMENTS

The Federal Government has disagreed with the World Bank on the latter’s concerns that interest payments of N7.7tn in the first half of 2026 threaten the country’s debt sustainability. The ministry stated its position in…

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Makinde, FG bicker over ‘withheld’ N250b NLNG allocation

Makinde, FG bicker over ‘withheld’ N250b NLNG allocation

Presidency has accused Oyo State Governor, Seyi Makinde, of misleading the public over federal revenue allocations, recalling his description of increased Federation Account inflows to states as “voodoo”. It also dismissed his claim that the…

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IBEDC harps on collaboration at 17.7MW mini-grid project groundbreaking in Ibadan

IBEDC harps on collaboration at 17.7MW mini-grid project groundbreaking in Ibadan

The Managing Director and Chief Executive Officer of Ibadan Electricity Distribution Company (IBEDC), Mr Deolu Ijose, has said the Distributed Access through Renewable Energy Scale-Up (DARES) interconnected mini-grid project provides an important platform for collaboration…

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Martinez apologises for outburst and fined by Manchester United

Martinez apologises for outburst and fined by Manchester United

Manchester United defender Lisandro Martinez has issued an apology following his controversial remarks criticising the club’s hierarchy. After United’s Champions League loss to Atletico Madrid on Tuesday Martinez said that the club had left head…

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Federal Govt, States, LGs Share ₦2.4trn September 2026 Revenue

Federal Govt, States, LGs Share ₦2.4trn September 2026 Revenue

A total sum of N2.428 trillion, being September 2026 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. A statement from the Office of the Accountant-General of the…

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Getafe make offer to sign free agent Sancho

Getafe make offer to sign free agent Sancho

Getafe have made a formal offer to sign former Manchester United attacker Jadon Sancho. The 26-year-old winger is out of contract after his deal expired in the summer and has been exploring a number of…

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UN Secretary General Guterres Presents $14bn Budget To Ibrahim-Led Committee

UN Secretary General Guterres Presents $14bn Budget To Ibrahim-Led Committee

United Nations Secretary-General António Guterres has presented a proposed $14 billion budget for the 2027 fiscal year to the General Assembly’s budget committee, chaired by Nigeria’s Permanent Representative to the UN, Senator Jimoh Ibrahim. Presenting…

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Crude shortfall makes Atiku’s subsidy plan not workable – Presidency

Crude shortfall makes Atiku’s subsidy plan not workable – Presidency

The Presidency on Sunday dismissed former Vice President Atiku Abubakar’s proposed production subsidy on petrol as “a dangerous mathematical fantasy wrapped in political deceit,” saying Nigeria does not have the crude oil volumes to fund…

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FG to negotiate ₦1,350 petrol price ceiling as global oil shock drives pump prices

FG to negotiate ₦1,350 petrol price ceiling as global oil shock drives pump prices

The Minister said the Federal Government is negotiating a ₦1,350 per litre ceiling on the ex-gantry or landing cost of petrol to limit price volatility amid rising global crude oil and refined petroleum product prices.…

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EVERTON OWNERS CONSIDER SELLING CLUB TWO YEARS AFTER TAKEOVER

EVERTON OWNERS CONSIDER SELLING CLUB TWO YEARS AFTER TAKEOVER

Everton owners The Friedkin Group (TFG) are exploring the sale of the club less than two years after taking control. The American group completed a takeover of the club in 2024 in a deal believed…

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