Nation’s Treasury Bills records largest balance in history, debt surges to N10.4 trillion

Nigeria has a total Treasury Bills (T-Bills) debt of N10.4 trillion, a 60% rise in just three months, according to data from the Debt Management Office (DMO). This is the largest T-Bills debt balance on record based on an analysis by Nairalytics, the research arm of Nairametrics, dating back to at least 2010 per central … [Read more…]

Zero tariffs, excise duties, VAT on imported pharmaceuticals, as Tinubu signs executive order to slash pharmaceutical prices

President Bola Tinubu has signed an executive order to introduce zero tariffs, excise duties and Value-Added Tax (VAT) on imported pharmaceutical inputs, a statement by the coordinating Minister of Health and Social Welfare, Muhammad Ali Pate has said. Pate said the order introduced zero tariffs, excise duties, and Value-Added Tax (VAT) on specified machinery, equipment, … [Read more…]

Enugu: CP Kanayo Orders Full-Scale Investigation of Alleged Shooting, Murder of Young Man at Nsukka

…consoles and urges family and friends of the deceased to maintain calm The Commissioner of Police, Enugu State Command, CP Kanayo Uzuegbu, psc (+), has ordered the Deputy Commissioner of Police incharge of the State CID to conduct a full-scale, thorough, and expeditious investigation to unravel the circumstances of the alleged shooting and murder of … [Read more…]

INEC says FCT Area Council Chairmen to remain in office until 2026

The Pacesetter Frontier Magazine

Chairman of the Independent National Electoral Commission, Professor Mahmood Yakubu, has declared that the incumbent Area Council Chairman in the Federal Capital Territory would remain in office till 2026. Yakubu made the clarification on Friday at a meeting with the leadership of political parties. Against the backdrop of agitation for the conduct of fresh elections … [Read more…]

JAMB releases 2024 supplementary UTME results

The  Joint Admissions and Matriculation Board (JAMB ) has announced the release of the results of candidates, who participated in the supplementary Unified Tertiary Matriculation Examination (UTME) conducted between Friday, 21st and Saturday, 22nd June 2024. The spokesperson of JAMB, Dr Fabian Benjamin, made this known on Friday in a statement in Abuja. He noted … [Read more…]

FG to share N50,000 to 3.6 million households; plans to purchase N155b worth of food items for distribution 

The federal government has disclosed plans to share N50,000 to 100,000 households across the country’s 36 states for three months and purchase food items worth N155 billion to be distributed across the country. President Tinubu disclosed this during the National Economic Council (NEC) meeting held in the Presidential Villa on Thursday where he rolled out … [Read more…]

Mbah Canvasses Homegrown Innovations to Regulate Gaming Industry, Boost Economy

Governor of Enugu State, Dr. Peter Mbah, has called for homegrown innovations to better regulate the gaming industry in Nigeria and reposition it to contribute more meaningfully to the nation’s economy. Mbah also called for more enlightenment in addition to regulation to guide the people to draw the line between leisure and addiction. He made … [Read more…]

Mbah Assures on Ease of Doing Business, as Estate Surveyors laud strides in Land Administration Reforms, Security, Infrastructure

Mbah hits the ground running, signs three Executive Orders, names Prof. Chidiebere Onyia new SSG

A group of estate surveyors and valuers has commended Governor Peter Mbah of Enugu State for the remarkable progress made in land administration reforms, security, and infrastructure in the state in the past one year, stating that no country in the world had ever developed without proper land policy and administration. The group, Ubosi Eleh … [Read more…]