Nigerian banks significantly reduced their borrowing from the Central Bank of Nigeria (CBN) in November 2024, as the rising Monetary Policy Rate (MPR) made borrowing more expensive. According to a report by the apex bank, the CBN's financial data revealed that banks borrowed N9.97 trillion in November, a 44.9% decrease from the N18.09 trillion borrowed…

In a grand celebration of academic excellence and visionary leadership, the American University of Nigeria (AUN) marked its 16th Annual Founder’s Day and 20th Anniversary on a radiant Saturday. The event brought together an august gathering of political figures, diplomats, scholars, and traditional leaders from Yola and beyond.  Hosted at the esteemed Lamido Aliyu Musdafa Commencement…

Former Head of State, General Yakubu Gowon has narrated how former President Olusegun Obasanjo could have been killed for an alleged coup plot in 1995 under Gen. Sani Abacha if not for him. Gowon said this at the maiden edition of the Interdenominational Unity Christmas Carol and Praise Festival organised by the Plateau Government. The…

Gov. Ahmad Aliyu has presented the 2025 state appropriation bill amounting to N526,882,142,484.39. The budget, tagged "Transformation and Infrastructural Sustainability Budget," focuses more on developmental projects. The breakdown of the budget indicates that capital expenditure would gulp N349,386,540,354.25, while recurrent expenditure would take N176,295,602,130.14. The governor said his administration would continue to emphasize infrastructural development…

Staff members of Edo State University Uzairue have appealed to Governor Monday Okpebholo regarding the ongoing administrative crisis involving the institution’s suspended Acting Vice Chancellor, Prof. Dawood Egbefo, and Registrar, Mr. Habib Ekhalefo, over allegations of corruption, high-handedness, and non-compliance with due process. The staff members said that the two suspended officials allegedly ignored the…