PM News Nigeria

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Lagos to float N60bn bond this month

Akinyemi Ashade, Finance Commissioner

Kazeem Ugbodaga The Lagos State Government says it is set to go to the capital market to float a bond of N60 billion this month for infrastructural development. The N60 billion bond is the first tranche of the N500 billion bond series the Lagos State House of Assembly approved for the Governor Akinwunmi Ambode administration […]

CBN denies reports of allocation of dollars


The Central Bank of Nigeria (CBN) has denied reports from some quarters that it allocates dollars unilaterally. A statement by Mr Isaac Okoroafor, Acting Director, Corporate Communications on Saturday in Abuja, decried the way some Nigerians chose to disparage those in leadership at this time in total insensitivity to the larger interests of the Nation’s […]

$29.9bn loan: Presidency replies Emir Sanusi

Emir of Kano, Alhaji Muhammadu Sanusi II

The Presidency has said that the proposed external borrowing of 29.9 billion dollars by the government is meant for the execution of developmental projects across the country. Malam Garba Shehu, the Senior Special Assistant on Media and Publicity to the President, stated this in a statement issued in Abuja on Saturday night. The Presidential aide […]

APC candidate, Akinwunmi wins Lagos by-election


Mr Nurudeen Akinwunmi, Candidate of the All Progressives Congress (APC) on Saturday defeated his opponents to emerge winner of the Ifako-Ijaiye Federal Constituency By-Election in Lagos. The returning officer of the election, Prof. Clement Aghatise, made the declaration at the INEC office in Ifako-Ijaiye Local Government, minutes before midnight. Declaring the winner, Aghatise said that […]

MFM owns Prayer City, says General Overseer

Dr. Daniel Kolawole Olukoya, General Overseer of Mountain of Fire and Miracles Ministries

Dr Daniel Olukoya, the General Overseer of the Mountain of Fire and Miracles Ministries (MFM), on Saturday said that the MFM was the legitimate owner of the popular Prayer City located at Magboro, Ogun. Olukoya, founder of MFM worldwide, disclosed this at the December edition of the monthly programme of the Power Must Change Hands […]

Rivers election: Police to deploy 20,000 personnel, says IGP

Alhaji Ibrahim Idris, Inspector General of Police

The Police is to deploy about 20, 000 of its personnel to Rivers to provide security during the forthcoming re-run elections in the state. The Inspector General of Police, Mr Ibrahim Idris, disclosed this while addressing Officers and men of Kano State Police Command on Saturday. He said that 20 gun boats and three helicopters […]

Benteke scores a brace as Palace beat Southampton 3-0

Benteke scores one of his goals

Two goals from Christian Benteke helped Crystal Palace gain a much-needed win over Southampton to ease the pressure on Eagles boss Alan Pardew. The hosts went ahead when Saints goalkeeper Fraser Forster, in front of watching England manager Gareth Southgate, sliced a clearance and Benteke scored from close range. Palace doubled their lead when an […]

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