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IMF: Nigeria’s Debt To GDP Ratio To Hit 51.3% In 2024

The International Monetary Fund (IMF) has projected that Nigeria’s government debt-to-Gross Domestic Product (GDP) ratio will rise to 51.3 percent this year from 46.4 per cent in 2023. The Fund, which stated this in its October 2024 regional economic outlook for Sub-Saharan Africa, titled, “Reforms amid great expectations” presented in Lagos yesterday, however, projected that...
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Festival Of Joy Promo: Glo Holds First Draw In Warri

Digital services and telecommunication company, Globacom, yesterday in Warri, Delta State, held the first draw to select winners in its on-going consumer promotion, Festival of Joy. The promo was launched recently by the company to give opportunity to new and existing customers to win outstanding prizes. The draw, which precedes the prize presentation exercise, was...
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Four Die Of Lassa Fever Attack In Oyo North

Oyo State Rapid Response Team (RRT) yesterday confirmed four deaths linked to a suspected Lassa fever outbreak in Saki West Local Government Area of the state. According to a release by the Commissioner for Information and Orientation, Prince Dotun Oyelade, the fatalities consisted of three males and one 32-yearold female, who was preparing for her...
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Okpebholo Freezes State’s Bank Accounts

Edo State Governor, Monday Okpebholo, yesterday ordered the freezing of all state-owned bank accounts with immediate effect. The governor also warned commercial banks, Heads of Ministries, Departments and Agencies (MDAs) to comply with the order immediately without delay. He warned that anyone, including heads of MDAs and civil servants who flout the order will be...
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LG recognised at Korean National Day celebration

LG Electronics has celebrated its recognition as a top 100 global company with its participation at the Korean National Day celebration in Abuja where it displayed its latest innovations. In a statement, LG said it was among four Korean companies recognised at a recent event held in Abuja by the South Korean Embassy where companies...
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Nigeria’s petrol imports surged in October – OPEC

The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the Petroleum Exporting Company says. This is despite the fact that the Dangote Petroleum Refinery started producing petrol in September this year. OPEC, in its Monthly Oil Market Report, said though petrol import still remains at...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...