In a significant policy shift, the Federal Government of Nigeria has formally informed the World Bank of its commitment to reducing the country’s reliance on external debt financing. This move, announced via the official X handle of Nigerian Stories, aligns with a broader strategy to explore alternative funding mechanisms beyond conventional multilateral loans.With Nigeria grapplingContinueContinue reading ““Nigeria Moves to Cut External Debt Dependence, Seeks Alternative Financing—FG Tells World Bank””
Author Archives: PB ADAMS ENTERPRISES
FG Approves N20 Billion for Customs to Procure CNG Vehicles in Bold Move Towards Green Economy
In a significant step towards modernizing Nigeria’s customs operations and promoting sustainable energy use, the Federal Government has approved a ₦20 billion fund for the Nigeria Customs Service to procure Compressed Natural Gas (CNG) vehicles.The announcement was made via the official X (formerly Twitter) handle of Nigerian Stories, signaling the government’s commitment to reducing dependenceContinueContinue reading “FG Approves N20 Billion for Customs to Procure CNG Vehicles in Bold Move Towards Green Economy”
FG Sets Up Panel on Telecom Tariff Hike as NLC Suspends Nationwide Protest
In a swift response to growing public outcry, the Federal Government of Nigeria has constituted a high-powered investigative panel to review the proposed telecom tariff hike, a move that comes just hours after the Nigeria Labour Congress (NLC) unexpectedly announced the suspension of its nationwide protest. The decision to set up the panel was confirmedContinueContinue reading “FG Sets Up Panel on Telecom Tariff Hike as NLC Suspends Nationwide Protest”
Shocking Prison Scandal: Death Row Inmate, Others Bribed Officials to Sneak Out for Armed Robbery in Benin
In a jaw-dropping revelation, Sahara Reporters has uncovered a chilling crime syndicate operating from within the Okere Correctional Centre in Warri, Delta State. A group of serving inmates, including a death row convict, allegedly bribed corrupt prison officials to slip in and out of the facility undetected, carrying out armed robbery operations in Benin City,ContinueContinue reading “Shocking Prison Scandal: Death Row Inmate, Others Bribed Officials to Sneak Out for Armed Robbery in Benin”
Denmark Seeks to Expand Business Ties with Enugu State, Eyes Key Economic Sectors
In a significant move towards international investment and economic collaboration, the Government of Denmark has expressed keen interest in expanding its business footprint in Enugu State. The European nation, known for its robust economy and advanced industries, has identified the southeastern Nigerian state as a strategic partner for growth and development.Announcing the development on itsContinueContinue reading “Denmark Seeks to Expand Business Ties with Enugu State, Eyes Key Economic Sectors”
NBA Cracks Down on Fake Lawyers, Arrests Two in Delta
In a decisive move against quackery in the legal profession, the Nigerian Bar Association (NBA) has intensified its crackdown on fake lawyers, leading to the arrest of two suspects in Delta State.Vanguard Newspaper, via its official X handle, reported that members of the NBA Warri, Effurun, and Udu branches apprehended a man identified as TegaContinueContinue reading “NBA Cracks Down on Fake Lawyers, Arrests Two in Delta”
Fresh Oil Spill Hits Ogoniland Amid Tinubu’s Launch of Environmental University
A fresh crude oil spill has rocked Ogale, Eleme Local Government Area of Rivers State, raising concerns over environmental degradation just as President Bola Tinubu establishes the Federal University of Environmental Technology, Ogoni.According to Sahara Reporters, the spill, reported on Monday evening, is suspected to have resulted from equipment failure linked to the Shell PetroleumContinueContinue reading “Fresh Oil Spill Hits Ogoniland Amid Tinubu’s Launch of Environmental University”
Naira Gains Momentum, Appreciates to N1,610 Per Dollar in Parallel Market
In a surprising turn of events, the Nigerian naira has recorded a significant appreciation in the parallel market, strengthening to N1,610 per US dollar. The development was announced via the official X handle of Nigerian Stories, sparking widespread discussions among economic analysts and market observers.This surge marks a rare moment of relief for businesses andContinueContinue reading “Naira Gains Momentum, Appreciates to N1,610 Per Dollar in Parallel Market”
FG Bans Export of Crude Oil Allocated to Domestic Refineries in Major Policy Shift
In a decisive move aimed at strengthening Nigeria’s energy security and boosting local refining capacity, the Federal Government has banned the export of crude oil designated for domestic refineries.The announcement was made via the official X handle of Nigerian Stories, sparking widespread reactions across the country’s energy sector. This latest policy shift underscores the government’sContinueContinue reading “FG Bans Export of Crude Oil Allocated to Domestic Refineries in Major Policy Shift”
“Breaking: Court Sentences Ex-Police Inspector to Death for Brutal Murder in Lagos”
In a landmark ruling that underscores the fight against extrajudicial killings, a Lagos State court has sentenced a former police inspector to death for the gruesome murder of an unarmed civilian.The verdict, announced on the official X handle of Nigerian Stories, has sent shockwaves across the nation, reigniting debates on police brutality, justice, and accountabilityContinueContinue reading ““Breaking: Court Sentences Ex-Police Inspector to Death for Brutal Murder in Lagos””
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