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The World Bank says Nigeria has so far borrowed $3.121 billion, approximately (N1,236 trillion), from China as at March 2020. The amount represents only 3.94 percent of Nigeria’s total public debt of $79.21 billion as of September 2021. Similarly, in terms of external sources of funds, loans from China accounted …

Soludo claimed that Ubah, who was a close confidant of the then President, Olusegun Obasanjo, was a domestic staff in the Aso Villa, cleaning the former President’s shoes.  Soludo and Ubah A confrontation between Professor Charles Soludo and Andy Ubah has left viewers baffled. Recall that Soludo is the candidate …

A Nigerian man has taken to social media to share the unusual experience he recently had after paying for a new apartment. The young man known on Twitter as Shina Ayomi revealed that he paid the rent and agreement fee for the apartment he intended to move into both he …

Senate Minority Leader, Eyinnaya Abaribe has revealed the kind of person that should be elected as Anambra state governor.   Speaking, Abaribe warned the people of Anambra State and the South-East against voting “champagne drinkers and confused people as governors”.   Abaribe said that the state is broken and needs a …

The Senate has faulted the plan of the federal government to borrow $200 million to purchase mosquito nets and other ancillary medical therapies to prevent malaria. Members of the Senate Committee on Local and Foreign Debts faulted the proposed loan requests when the Permanent Secretary of the Ministry of Health, …

There was another explosion at Abolongo Correctional Centre in Oyo town, Oyo State on Wednesday afternoon. The explosion, which occurred outside the facility recorded no casualties. Some residents in the area suspect that the bomb was one of those planted by the gunmen who attacked the prison last Friday. It …

The traditional ruler of the Etekwuru Autonomous Community in the Ohaji Egbema Local Government Area of Imo State, Eze Kenneth Okereke, whose palace was burnt by arsonists on Thursday, has appealed to Governor Hope Uzodimma and other well-spirited Nigerians to help him rebuild the edifice. The monarch said in a …

The call was made on Sunday by the special assistant to President Muhammadu Buhari on media and publicity, Mallam Garba Shehu. The presidency has again called on states to make available its land for ranching. According to the federal government, this will curb the frequent clashes and fights between the …

Elon Musk, the CEO and Chief Engineer at SpaceX, is estimated to have a net worth of $242 billion, according to the Bloomberg Billionaires Index. Although he is already the world’s richest person, he could also become the first member of the four-comma club According to The Guardian, analysts at …

A Kaduna-Abuja train was attacked by bandits between Dutse and Rijana stations, as they planted an explosive that damaged the rail track and also opened fire on the driver.   The Managing Director of the Nigeria Railway Corporation (NRC) Fidet Okhiria, has said he can’t confirm that terrorists/bandits attacked its …