The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President, is part of the external borrowing plan outlined for implementing the N28.7tn 2024 budget. In separate letters read during the Senate and House of Representatives plenary on Tuesday, Tinubu explained that the loan…
The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. A report by Bloomberg on Tuesday, quoting data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, said a…
The Defence Headquarters has confirmed a surprise attack carried out by an unconfirmed number of BH/ISWAP terrorists on troops deployed at stabilization operations pro-force and defense site in Gubio LGA of Borno State. “The coordinated attack saw five killed in action soldiers, 10 wounded, and four missing in action, while troops eliminated several terrorists as…
