DMO
7 Feb
Amid the burgeoning weight of the present confederacy on the 36 states in Nigeria, groaning under the heavy burden of debts and inability to perform their fiscal responsibilities, the House of Representatives Constitution Review Committee yesterday proposed 31 additional ones to push the states in the country to 67.
6 Feb
President Bola Ahmed Tinubu yesterday proposed an additional allocation of N4.53 trillion to the 2025 Appropriation Bill, with a view to bolstering economic diversification, infrastructure development, and national security.
5 Feb
The Federal Executive Council (FEC), yesterday, gave approval to the Debt Management Office (DMO) to raise a N758 billion bond to clear the backlog of pension liabilities for all categories of pensioners.
4 Feb
The Debt Management Office (DMO) has opened offers for subscription on two Federal Government of Nigeria (FGN) savings bonds in February at an interest rate of 17.799 per cent and 18.799 per cent respectively.
3 Feb
The Federal Government, through the Debt Management Office (DMO), has opened offers for subscription to two Federal Government of Nigeria (FGN) savings bonds for February 2025 at interest rates of 17.799% and 18.799%, respectively. The DMO, in a statement on Monday in Abuja, said the first offer is a two-year FGN savings bond due on…
28 Jan
The Debt Management Office (DMO) has announced that it raised the sum of N669.94 billion from the January 2025 Federal Government of Nigeria (FGN) bond auction held on Monday. Announcing the result via its official X handle on Tuesday, DMO said the 19.30 per cent FGN APR 2029, allotted N78.86 billion at a 21.79 per…
24 Jan
Troops in North Central Operational Theatre have neutralized a notorious terrorist commander and gun runner identified as 'Abu Mosaje' in Barkin Ladi LGA of Plateau State. Troops also neutralized no fewer than 79 terrorists in one swoop within one week and arrested 224 persons. The frontline soldiers also arrested 28 perpetrators of oil theft and…
23 Jan
The Nigerian military on Wednesday confirmed the death of Aminu Kanawa, the second-in-command to bandit leader, Bello Turji. The defence headquarters, in a statement by the outgoing Director of Defence Media Operations (DMO), Major General Edward Buba, confirmed that Kanawa was killed by the troops of Operation Fansan Yamma. Buba also disclosed that the troops…
2 Jan
The Debt Management Office (DMO) said Nigeria has made adequate budgetary provisions to meet debt obligations.The DMO spoke in a statement yesterday referencing the issuance of $2.2 billion Eurobonds.
1 Jan
The Debt Management Office (DMO) sold Treasury bills valued at N693.05 billion across its auctions in November 2024, representing a 51.8 per cent month-on-month (MoM) increase when compared to N456.6 billion sold in October 2024.
28 Dec
Nigerian troops on the frontline during Christmas week neutralised no fewer than 148 terrorists and arrested 258 others. This disclosure was made by the spokesman of Defence Media Operations (DMO), Major General Edward Buba on Saturday. Troops also arrested 51 perpetrators of oil theft and rescued not less than 291 kidnapped hostages. In the South-South,…
13 Dec
Troops have killed 181 suspected terrorists and arrested 203 others within one week, according to the Defence Media Operations (DMO). The operations also led to the arrest of 50 individuals involved in oil theft and the rescue of 161 kidnapped hostages. Major General Edward Buba, DMO spokesperson, in a statement on Friday, confirmed that the…
Latest
6 mins ago
Cars more than 15 years old will soon be barred from refuelling in New Delhi, the city's government said Saturday, as part of measures to reduce the Indian capital's hazardous pollution levels. New Delhi is regularly ranked as one of the most polluted cities in the world and is blanketed in acrid smog each year.…
7 mins ago
The Federal Government has earmarked N5.7 billion for capital projects at the Federal University of Health Sciences, Funtua, Katsina State. The Chairman, Senate Committee on Tartiary Institutions and TETFund, Sen. Muntari Dandutse, made the disclosure to newsmen on Saturday in Katsina. “We are grateful to Allah that N5.7 billion was appropriated for capital projects in…
11 mins ago
Governor Seyi Makinde of Oyo State has urged Muslim faithful in the State and the world over to rededicate themselves to God as Ramadan commenced. Makinde stated this in a felicitation message issued by Dr Suleimon Olanrewaju, his Special Adviser on Media,on Saturday in Ibadan. The governor, while felicitating with the Muslims on witnessing another…
26 mins ago
Dr Maryam Ismaila-Keshinro, Permanent Secretary of the Federal Ministry of Women Affairs, has pledged her support for the National Child Rights Implementation Committee (NCRIC) in advocating for children’s rights. She made this commitment when the NCRIC members, led by Co-chairman Mr MacJohn Nwobiala, paid her a courtesy visit in Abuja. Ismaila-Keshinro emphasised the importance of…
27 mins ago
The first phase of the Israel-Hamas truce is drawing to a close on Saturday, but negotiations on the next stage, which should secure a permanent ceasefire, have so far been inconclusive. The ceasefire took effect on January 19 after more than 15 months of war sparked by Hamas's October 7, 2023 attack on Israel, the…
46 mins ago
Nearly 400 people died in Niger and more than 1.5 million others were affected by floods triggered by last year's exceptionally torrential rains, according to a final toll announced on Saturday. "Floods caused the deaths of 396 people during the course of 2024," said Interior Minister Mohamed Toumba. A further 405 were injured and more…
51 mins ago
Medical personnel and stakeholders have expressed worries and proffered solutions to cases of misdiagnosis of ailments, leading to wrong prescription of drugs or treatment. The respondents, speaking separately with the News Agency of Nigeria (NAN) in Ibadan, Abeokuta and Ilorin on Saturday, also highlighted some factors responsible for the situation. In Ibadan, the Medical Director…
1 hour ago
Barcelona coach Hansi Flick said Saturday that at the start of his reign nobody expected the Catalan giants would be fighting for three trophies in March. The German coach replaced Xavi Hernandez last summer after a disappointing campaign where Barcelona finished without silverware. Flick's side lead La Liga on goal difference ahead of champions Real…
1 hour ago
Russia said Saturday that Ukrainian President Volodymyr Zelensky's trip to the United States had been a "failure" after US President Donald Trump berated him in a stunning televised confrontation. Zelensky planned to sign a minerals deal with the United States during the visit, but it ended in disaster when Trump and Vice President JD Vance…
1 hour ago
Nigerians under the umbrella body of Diaspora Engagement, organizers of New Nigeria Project/Obidient Movement, have underscored the role of the Nigerian Diaspora in shaping Nigeria’s future. In a statement signed Friday by its Directors, Dr. David Ogula and Bolanle Emiabata-Anibaba, the group recalled that during the last election cycle, Nigerians abroad played a pivotal role…