Author: Akintayo Adams

The World Bank has approved a $2.25 billion loan facility for Nigeria. This is to support President Bola Ahmed Tinubu’s economic reforms not minding the rising debt profile in the country. Wale Edun, Minister of Finance and Coordinating Minister of the Economy disclosed this in a statement on Thursday. According to him, the loan is to fund two critical economy projects, Nigeria Reforms for Economic Stabilization to Enable Transformation (RESET) and NG Accelerating Resource Mobilization Reforms Programme-for-Results (ARMOR) with a proposed funding of $1.5 billion and $750 million respectively. “We have undertaken bold and necessary reforms to restore macroeconomic stability…

Manchester United have finalized plans to commence work to modernise the club’s men’s first team building at Carrington Training Complex. According to a statement by the club, work is starting next week, “with a focus on creating a high-performance collaborative environment for players and staff.” “The £50 million project will result in all areas of the building being refurbished to deliver a world-class football facility with a positive culture to support future success. “The renovation work will begin on Monday and is expected to last for the duration of the 2024/25 season. The initial focus will be on the gym,…

The Federal Government of Nigeria has commenced the audit of inmates across the 256 Custodial Centres in the country. This was announced by Minister of Interior, Olubunmi Tunji-Ojo who said the move was part of measures to decongest the facilities. In a statement on Friday by the Minister’s Media Assistant, Alao Babatunde, it was made known that the Minister had paid a visit to the ongoing construction of the 3,000-capacity Maximum Security Custodial Centre in Janguza, Kano State as well as the Medium Security Custodial Centre in Kuje, Abuja. “The audit is ongoing but the good thing for me is…

The Les Bleus, French National Team is currently short of quite a number of players. The team has reportedly been struggling with flu since the squad gathered in France ahead of the Euro tournament in Germany. Ousmane Dembele, the Paris Saint-Germain winger, revealed that he had been suffering but is hopeful that everyone will be recovered soon. He said: “For me I am a lot better. “I had the flu last week and I was the first one but I feel a lot better now. “The team is a lot better. Everyone will be okay in a couple of days.” A…

Gabby Agbonlahor has expressed his displeasure with a Gareth Southgate act in his bid to guide England to glory at Euro 2024. The former Aston Villa forward spoke on Southgate’s surprising decision to leave Manchester City’s Jack Grealish out of his final 26-man squad. Speaking to Alan Brazil on talkSPORT Breakfast, Agbonlahor warned the England boss he would be to blame if the Three Lions stutter in Germany due to his omission of the 28-year-old. “Jack Grealish – I think that’s ridiculous,” he said. “Southgate will get the wrath of me if we don’t win this. Jack is that player…

The House of Representatives Committee on National Security and Intelligence has urged the Federal Government to acquire a new aircraft for President Bola Tinubu and Vice-President Kashim Shettima. This was made known via a report released after its investigation into the condition of the aircraft in the presidential air fleet. “The committee is of the strong and informed opinion that, considering the fragile structure of the Nigerian federation and recognising the dire consequences of any foreseen or unforeseen mishap that may arise as a result of the technical or operational inadequacy of the presidential air fleet, it is in the…

Ọba Owólabí Olàkúlẹ́hìn, the designated ascender to the throne of the Olúbàdàn, on Thursday, said he always knew he would mount the revered ancient stool. The Monarch revealed this while inspecting the newly built ultra-modern Olúbàdàn Palace at Aremo, Ìbàdàn. “When we started the ladder (Mogaji), I asked, ‘Do we get to the climax?’ And they said yes. So, I knew that I would become Olubadan of Ibadanland,” he said. “Now that we are there, we still need to pray to God because He has done good things for us in Ibadan. So, we must continue to praise Him.” Commenting…

Group Chief Executive Officer of the NNPC Limited, Mele Kyari, has called for the establishment of a special court to rule on theft of Crude Oil in Nigeria. He further seeks the support of the judiciary in tackling the twin challenges of crude oil theft and pipeline vandalism. He spoke at the National Judges Capacity Building Workshop on the Petroleum Industry Act (PIA) 2021 organised by the National Judicial Institute (NJI) and INVESTIN 234, on Thursday in Abuja. “In particular, is the recommendation that a special court be created to try those offences as they hinge on our survival as…

The Nigeria Football Federation (NFF) made its intention to hire an expatriate technical adviser for the Super Eagles known. This is sequel to the team’s woeful outing in the 2026 World Cup qualifiers. The Nigerian National Team is winless in four games in the qualification series, with the latest being a shocking loss to the neighboring Benin Republic in their last clash. In a Thursday communique following a meeting, the NFF said the appointment of the technical adviser would come “in the coming weeks”. The statement also contained an apology to Nigerians. “The Executive Committee of Nigeria Football Federation held…

Seyi Makinde, the Executive Governor of Oyo State, earlier today, announced that the state government achieved ₦4.9bn in revenue. He added that his administration is set to commence construction projects on 1,000km of rural roads to enhance farming activities and the transportation of agricultural produce from rural areas to urban centres. The Governor made this known at a special plenary sitting at the Oyo State House of Assembly Complex in Ibadan, the state capital on Thursday to mark the 1st year anniversary of the 10th Assembly. His speech was contained in a statement signed by the Special Adviser on Media…