Banks’ credit to the Nigerian government increased by N15.66 trillion within one year as lenders continued to expand exposure to public sector borrowing amid weaker private sector lending. Data from the Central Bank of Nigeria’s (CBN) money and credit statistics showed that government credit rose from N23.93 trillion in April 2025 to N39.60 trillion in April 2026, representing a 65.44 per cent year-on-year increase. The development meant government borrowing accounted for the bulk of growth in domestic credit during the period. According to the data, net domestic credit increased from N102.00 trillion in April 2025 to N120.18 trillion in April…
Author: Newsdesk
The Federal Workers Forum (FWF) has threatened to mobilize federal workers for an indefinite nationwide strike over rising insecurity and unresolved wage issues. In a communique issued after an online meeting on Saturday, the forum criticized the Nigeria Labour Congress and Trade Union Congress for not taking leadership on these issues. Signed by the National Coordinator, Andrew Emelieze, and Secretary, Ayo Ogundele, and made available to newsmen in Ibadan on Sunday, the communique accused the federal government of exploiting workers and failing to guarantee their safety. The group stated that an online poll of its members overwhelmingly supported immediate strike…
The Rotary Club of Lomé Zenith, in partnership with the People Planet and Peace Foundation, has planted mangrove trees along the coastline of Aneho, a coastal town in southeastern Togo. Mr. Landry Amewounou, President-Elect of the Rotary Club of Lomé Zenith, said on Sunday that the initiative aimed to mitigate flooding, coastal erosion, storms, and mudslides in the area. He stated that the organizations selected the location to complement ongoing efforts by stakeholders to address climate change impacts in Togo. Amewounou, a solar energy photovoltaic expert, added that the Togolese government is working to increase renewable energy adoption as part…
The Borno State Contributory Healthcare Management Agency (BOSCHMA) has donated medical supplies worth ₦4.4 million to combat the cholera outbreak in the state. The Chairperson of the BOSCHMA Governing Board, Hajiya Mairo Bunu, handed over items including 400 cartons of Ringer’s Lactate intravenous fluids and 8,000 units to support the state’s emergency response efforts. The items were presented at the Borno State Drug and Medical Consumables Management Agency headquarters in Maiduguri. “This is a decision by the governing board to support the cholera response and serve the people of Borno during this difficult period,” she said. On behalf of the…
Four persons—three males and one female—lost their lives in a fatal road crash in Abuja’s Central Business District on Saturday. An anonymous eyewitness told reporters that the accident occurred around 6:00 p.m., causing heavy traffic in the area. According to the eyewitness, the victims were returning from Sallah celebrations when the incident happened. READ ALSO: Stakeholders call for more support in Nigeria’s theatre sector Mr. Stanley Gonji, the Rescue Team Commander of the FRSC City Gate Unit in Abuja, led the team to successfully evacuate the victims from the scene. It was reported that efforts to obtain official details from…
The Super Eagles defeated the Jamaica National Football Team 3-0 in London on Saturday to win their fourth Unity Cup title. Midfielder Alhassan Yusuf scored a brace in the third and 91st minutes to help Nigeria successfully defend the title. Yusuf opened the scoring early in the match, before Terem Moffi doubled Nigeria’s lead. Moffi’s goal came after Femi Azeez beat his marker and delivered a cross into the penalty area, which Moffi converted. READ ALSO: Stakeholders call for more support in Nigeria’s theatre sector Yusuf sealed the victory in stoppage time by connecting with a pass from Phil Otele…
Stakeholders in Nigeria’s creative and tourism sectors emphasize the need for increased public-private partnerships and funding for theatre to drive cultural storytelling, youth development, and tourism growth. They made this call on the sidelines of the musical production, ‘I Wish I Wish: Battle of the Winds,’ held on Saturday night at the National Arts Theatre in Lagos. It was reported that the family-friendly musical, produced by Proud African Roots in partnership with the National Arts Theatre and First City Monument Bank (FCMB), aimed to commemorate 2026 Children’s Day. Speaking at the event, the General Manager of the National Arts Theatre,…
Troops of 12 Brigade, 2 Division Nigerian Army, foiled a planned kidnapping and neutralized a terrorist during a precision ambush in Lokoja Local Government Area of Kogi. This was contained in a statement by the Brigade’s spokesperson, Lt. Hassan Abdullahi, on Saturday in Lokoja. Abdullahi said the troops, acting on credible intelligence, intercepted the suspects along Old Obajana–Tajimi Road. He stated that the operation led to the recovery of an AK-47 rifle, ammunition, magazines, and other items, while the rest of the gang fled with gunshot wounds. The ambush was carried out on May 30, following intelligence that terrorists were…
The National Executive Committee (NEC) of the New Nigeria Peoples Party (NNPP) has ratified the appointment of Bala Yunusa Mohammed as Acting National Chairman. Mohammed’s appointment was confirmed at the party’s 11th NEC meeting on Saturday in Abuja. The appointment followed the resignation of the former National Chairman, Dr. Ajuji Ahmed. The NEC also ratified the results of primary elections conducted nationwide ahead of the 2027 general elections. Additionally, the NEC approved the appointment of acting state chairmen for Ogun, Delta, Nasarawa, and Cross River to strengthen the party’s structures. In his welcome address, the National Secretary of the NNPP,…
The Labour Party (LP) has affirmed Rep. Jonathan Gbwefi, representing Karu/Keffi/Kokona Federal Constituency, as its governorship candidate for the 2027 election in Nasarawa State. The party also affirmed former Minister of Information, Mr. Labaran Maku, as its candidate for the June 20, 2026, Nasarawa North Senatorial District by-election and the 2027 senatorial election in the zone. Dr. Kalu Oke, Returning Officer for the party’s primaries in the state, announced the results at a special nomination congress held in Lafia on Saturday. Oke stated that Gbwefi emerged unopposed and was duly affirmed by delegates in accordance with the Labour Party Constitution,…