In the second quarter of 2023, Nigeria’s debt servicing expenditure exhibited a notable deceleration, dwindling to N849.58 billion, as revealed by meticulous investigation conducted by The PUNCH. This marked a substantial reduction of 43.04 percent when contrasted with the N1.49 trillion expended in Q1 2023 for debt servicing purposes. Insights garnered from the Debt Management […]
Rising University Fees in Nigeria Spark Protests and Concerns Among Students, Parents, and Educators
As the country’s tertiary institutions prepare to commence a new academic session, a growing wave of discontent ripples through the academic community. Lecturers, students, and parents have united in protest against the escalating university fees, which have become more prevalent against the backdrop of a deteriorating economic climate. The Academic Staff Union of Universities (ASUU), […]
In a heart-wrenching revelation, Mr. Joseph Ayoba, the grieving father of the late musical sensation, Ilerioluwa Oladimeji Ayoba, known by his stage name Mohbad, has shared a poignant account of a harrowing dream he experienced just two days prior to the tragic demise of his beloved son. The world came to a standstill as the […]
The Nigerian naira experienced a significant decline against the US dollar on Wednesday, marking a continuation of its recent depreciation trend. The parallel market saw the naira closing at 950/$, following a previous close of 930/$ on Tuesday, according to reports from Bureau de Change operators interviewed by The PUNCH. Throughout the day, these operators […]
In a dire turn of events, Nigeria was plunged into darkness early Thursday morning as the nation’s electricity grid experienced a total collapse. The incident, which occurred at precisely 12:40 a.m. on September 14, 2023, left power distributors grappling with a massive loss of supply across the entire country. Multiple sources within the power sector, […]
Land grabbing, a long-standing issue entrenched within the heart of Lagos society, continues to wreak havoc without apparent resolution in sight. Known colloquially as “omo onile” (landowners’ children), these land grabbers operate with brazen impunity across Lagos State, fostering the belief among residents that they enjoy covert support from influential figures in executing their nefarious […]
Obafemi Awolowo University in Ile-Ife, Osun State, has recently unveiled adjustments to its tuition fees for the upcoming academic session. This development, disclosed through a communique by the university’s Public Relations Officer, Abiodun Olarewaju, stems from a decision made by the Senate during an emergency meeting held on Tuesday, September 12, 2023. According to Olarewaju, […]
In a recent revelation, esteemed data and public affairs analyst, Durojaiye Ogunsanya, has unequivocally affirmed the educational background of President Bola Tinubu, addressing the longstanding controversy surrounding the authenticity of Tinubu’s academic credentials. During an exclusive interview with TVC News on Tuesday, Ogunsanya provided indisputable confirmation of President Tinubu’s attendance at Chicago State University in […]
Operatives of the Delta State Police Command have conducted a successful rescue operation in the dense forests of Orerokpe community, located in Okpe Local Government Area. The heroic mission resulted from a distress call received by the Orerokpe Divisional Police on September 11, 2023, at approximately 0400hrs, reporting the abduction of four individuals (whose identities […]
In a significant development, the National Assembly Elections Petitions Tribunal, convening in Jos, Plateau State, has rendered a decisive verdict, nullifying the electoral victory of the two-term incumbent House of Representatives member from the state, Dachung Bagos. Dachung Bagos, the representative for the Jos South/Jos East Federal Constituency, had secured his position in the February […]