ru24.pro
News in English
Ноябрь
2024

Новости за 25.11.2024

Ekpa’s arrest: Critical step against globalised terrorism

The Punch 

THE recent arrest of Simon Ekpa, a Finnish-Nigerian separatist leader and self-proclaimed “Prime Minister” of the Biafra Republic Government in Exile, marks a significant milestone in the fight against transnational terrorism. Finnish authorities detained Ekpa and four others on allegations of inciting crimes with terrorist intent and financing terrorism. The charges stem from Ekpa’s role

Читать дальше...

Nigeria must avoid a debt crisis

The Punch 

NIGERIA’S rapid descent into a potentially unsustainable debt trap causes concern. Nigeria’s total debt is set to hit a record N136 trillion, following President Tinubu’s fresh request to the National Assembly to approve a N1.77 trillion ($2.2 billion) external borrowing plan to support the 2024 budget. The parliament approved it on Wednesday. The country’s debt

Читать дальше...

Inflation, debts, weak currency as growth anathema

The Punch 

The Nigerian economy needs to cool down. It is already heated up by government fiat! Rising fuel prices induced by the government and its agency named NNPCL The sliding naira value, caused by deliberate devaluation action of the Central Bank of Nigeria and rapid debt accumulation supervised by the Debt Management Office. An unholy trinity

Читать дальше...

Packers pound 49ers in pivotal game for both team's playoff hopes - Yahoo Sports

Google.com 

  1. Packers pound 49ers in pivotal game for both team's playoff hopes  Yahoo Sports
  2. San Francisco 49ers Miss Brock Purdy, Nick Bosa In Blowout Loss To Packers  Forbes
  3. Josh Jacobs' 3 TDs Excite NFL Fans as Jordan Love, Packers Rout 49ers With Purdy Out  Bleacher Report
  4. 3 quick takeaways from the 49ers 38-10 loss to the Packers: Time to wrap up the season?  Niners Nation
  5. 49ers playoff picture: How loss to Packers impacts San Francisco's NFC West, wild-card chances... Читать дальше...

Equity market gains N77bn, nears N60tn capitalisation

The Punch 

The Nigerian equity market recorded a gain of N77bn in the past week, bringing the total market capitalisation closer to the anticipated N60tn threshold. The market capitalisation is currently N59.29tn. The All-Share Index appreciated by 0.11 per cent to close at 97,829.02 points, reflecting positive market sentiment. A total turnover of 1.95bn shares worth N35.86bn

Читать дальше...

PANDEF lauds Tinubu for not withholding Rivers allocation

The Punch 

The Pan Niger Delta Forum has commended President Bola Ahmed Tinubu for ensuring the release of Rivers State’s statutory allocation, a move the group noted, underscores the President’s commitment to fairness and national unity. Speaking to journalists at Uyo Airport on Saturday, PANDEF’s new National Chairman, Ambassador Godknows Igali, expressed delight over the decision, describing

Читать дальше...

Capital expenditure suffers as FG services debt with N7.4tn

The Punch 

The Federal Government’s expenditure report for the first eight months of 2024 has laid bare the heavy toll debt servicing is taking on Nigeria’s finances. Between January and August, a total of N7.41tn was spent on servicing debts, exceeding the pro-rata budget of N5.51tn by 34.4 percent. It was also 89.6 per cent of the

Читать дальше...

Airlines under fire over call for acting NCAA DG’s confirmation

The Punch 

The Airline Operators in Nigeria have been criticised for calling for the confirmation of the acting Director-General of the Nigerian Civil Aviation Authority, Capt Chris Najomo. The AON, in a statement jointly signed by its Vice President and spokesperson respectively, Allen Onyema, and Prof Obiora Okonkwo, wants Najomo confirmed upon claims that his administration is

Читать дальше...

Nigeria-Brazil agribusiness deal to attract $4.3bn investments

The Punch 

The Federal Government, through the Ministry of Agriculture and Food Security and Fundação Getulio Vargas of Brazil, have signed a Memorandum of Understanding to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance. The MoU was signed on behalf of the government by the Permanent Secretary of FMAFS, Mr Temitope Fashedemi,

Читать дальше...

NACCIMA cautions against arbitrary taxation on businesses

The Punch 

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has expressed concerns over the long-term implications of arbitrary taxation on businesses and the nation’s economy. Speaking at the 45th Trade Fair hosted by the Kano Chamber of Commerce, Industry, Mines, and Agriculture, NACCIMA President, Dele Oye, emphasised that high taxes hinder innovation, stifle

Читать дальше...