Category Archives: FEATURE

In a significant policy shift, the Minister of Works, Engr. David Umahi, has announced plans to introduce tolling on designated federal highways as part of a revenue recovery strategy. The move aims to recoup the substantial $460.8 million investment injected into the Abuja-Keffi-Akwanga-Lafia-Makurdi Road project.The disclosure was made through Nigerian Stories’ official X handle, confirmingContinueContinue reading “Umahi to Commence Tolling on Key Federal Highways to Recoup $460.8 Million Investment”

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””

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”

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”

In a groundbreaking move that promises to accelerate Abuja’s development, the Federal Executive Council (FEC) has approved a monumental N159 billion for infrastructure development projects in the nation’s capital. This ambitious approval is set to overhaul critical sectors, addressing key needs such as transportation, road networks, and urban renewal.The announcement, made on the official XContinueContinue reading ““Federal Executive Council Approves N159 Billion for Major Infrastructure Projects in Abuja””

In a bold statement on its official X handle, the Peter Obi Grassroots Mobilization (POGM) has raised alarms about an emerging threat to the credibility of Nigeria’s upcoming 2027 general elections. According to the group, while the Independent National Electoral Commission (INEC) remains a focal point for election integrity, another critical concern looms — theContinueContinue reading “Peter Obi Calls for Urgent Reformation of Nigerian Judiciary, Citing Threats to 2027 Elections”

In a bold move, President Bola Tinubu has fired back at the legal challenge seeking his impeachment over alleged rights violations. The President, through his legal team, has requested the Federal High Court in Abuja to dismiss the suit filed by legal practitioner Mr. Olukoya Ogungbeje, which demands the National Assembly initiate impeachment proceedings againstContinueContinue reading ““Tinubu Slams Impeachment Bid, Demands Dismissal of Suit in Federal High Court””

The Nigerian Civil Aviation Authority (NCAA) has issued a strong warning to Kenya Airways, demanding better treatment for Nigerian passengers following a recent dispute involving a Nigerian traveler.Nigerian Stories, a popular media platform, took to its official X handle to highlight the incident, quoting NCAA spokesperson Michael Achimugu, who called out the airline for itsContinueContinue reading ““Respect Nigerian Passengers! NCAA Spokesperson Blasts Kenya Airways Over Dispute””

In a decisive move to stabilize the foreign exchange market and curb speculative activities, the Central Bank of Nigeria (CBN) has announced the extension of its $25,000 weekly forex sales to Bureau De Change (BDC) operators until May 30, 2025.The announcement, made via the official X handle of Nigerian Stories, underscores the apex bank’s continuedContinueContinue reading “JUST IN: CBN Extends $25,000 Weekly Forex Sales to BDCs Until May 30 Amidst Naira Stabilization Efforts”

The Nigerian Education Loan Fund (NELFUND) has dismissed claims that it has disbursed a staggering N104 billion to 600,000 beneficiaries under the Student Loan Scheme, labeling such reports as false and misleading.This clarification follows recent media reports suggesting that President Bola Ahmed Tinubu had announced the figures during the 33rd Convocation Ceremony of the FederalContinueContinue reading “NELFUND Debunks Reports of Disbursing N104 Billion in Student Loans to 600,000 Beneficiaries”