Author: straightnewsng.com

Nigeria’s indebtedness to the World Bank Group is the highest external debt stock to a multilateral or bilateral financial institution is its $10.46 billion (N3.965 trillion at the official rate of N379/$), the Debt Management Office has stated. An analysis of the country’s external debt stock as of June 30, 2020 showed that Nigeria’s indebtedness to the International Development Association and the International Bank for Reconstruction and Development were $10.05 billion and $409.51 million respectively. The International Bank for Reconstruction and Development and the International Development Association are both organisations of the World Bank Group. Other organisations of the multilateral…

The Yoruba Summit Group (YSG) advocated consideration of October 1 as a day of “unhappiness” when Nigerians must tie ribbon on their arm as a sign of declaring Nigeria as a failed state. This is as the group has also called on the Yoruba to boycott the 2023 general elections. The self-determination group in a communique signed by its Publicity Secretary, Mogaji Gboyega Adejumo noted that the time has come for the Yoruba to begin to think outside the contraption called Nigeria. YSG said it is unfortunate to note that the “Global Terrorism Index screams “Nigeria has Emerged as The…

Nigeria has recorded 79 new cases of the Coronavirus, the lowest figure in several months in the country. The Nigeria Center for Disease Control (NCDC) stated this on Sunday,  said Lagos recorded 3o while Kaduna and Ogun had 17 and seven respectively. Of the number, Anambra recorded five, Kano – four; Katsina, FCT, and Akwa Ibom had three each; Oyo and Rivers got two each while Delta, Plateau and Ondo registered one each. The new cases now bring the number of confirmed infections in the country to 56,256, 44,152 have recovered and been discharged from isolation centers, while 1,082 have…

Solution does not appear in sight to insecurity as suspected gunmen kidnapped 21 people including 17 family members in Chikun local government area of Kaduna state. The victims were abducted between Friday and Saturday morning at the Udawa community in Chikun LGA. When our reporter contacted the Kaduna State Police Public Relations Officer, Muhammad Jalige for confirmation, he said the command was not aware of the incident as none of such has been brought to their notice. However, a community leader told channels television that the gunmen first stormed the area in large numbers on Friday and started shooting sporadically,…

Economic and Financial Crimes Commission (EFCC), Uyo zonal office would soon arraign two music producers and four others over their alleged involvement in cyber crimes in Uyo, the capital of Akwa Ibom State. The music producers are John Obot and Odok Valentine. Others are Emediong Iwoenang, Christian Alvan Okechukwu, Innocent Japhet and Edem Unwana. A statement signed by the commission’s spokesman, Dele Oyewale and released on Friday said they were arrested recently at their apartment located on 3 Ring Road, off Shelter Afrique, Uyo. “Items recovered from them at the point of arrest were five laptops; 11 mobile phones; one…

Two housemates of the Big Brother Naija Lockdown have joined list of the evicted in the television reality show. They are Kiddwaya, the billionaire’s son and Prince who got the lowest votes from the fans. Out of the four housemates earlier penciled for possible eviction in the week, Ozo and Dorathy survived the blitz. They are the 12th and 13th housemates to get evicted after Lilo, Ka3na, Eric, Tochi, Kaisha, Praise, Wathoni, Tolanibaj, Brighto and Lucy. Also Erica, one of the 20 housemates during the start of television show left after her disqualification on September 6, 2020. After his eviction,…

A total of 13 gaming offices in Kaduna State have been closed as past of the government’s effort to close unregistered gaming offices in the state. Liye Anthony, Head of Gaming in the agency, who told News Agency of Nigeria (NAN) in Kaduna in an interview on Sunday said Kaduna Internal Revenue Service (KADIRS) shut the offices. Anthony said that the operation, which began on Thursday, had so far shut down five offices of bet9ja and King Bet respectively, two Access Bet offices and one office of Derby Lotto. He said that there were about 1,500 gaming offices across the…

After beating her arch-rival Victoria Azarenka in the 2020 U.S. Open title, Naomi Osaka has become a two-time champion of the tournament. Osaka is a holder of three Grand Slams in her kitty having won the 2018 U.S. Open and the 2019 Australian Open. The 22-year-old Japanese tennis star fought from a set down against her Belarusian opponent ,31, to lift her second US Open title in three years with a 1-6 6-3 6-3 victory at Flushing Meadows. “I just thought it would be very embarrassing to lose this in under an hour,” Osaka said, explaining that she told herself…

More troubles are trailing Daddy Freeze, the On Air Personality, as men of God who profess to be the ‘spiritual sons’ are raining verbal assaults and curses on him over his social media attacks and insults on their father- Bishop David Oyedepo, the General Overseer of Living Faith Church Worldwide. What seemed to have broken the camel’s back is the trending video by Freeze describing Oyedepo as a “baldheaded fowl,” while also attacking other men of God like Pastor Enoch Adeboye of Redeemed Christian Church of God, RCCG on tithe. Reacting, Pastor David Ibiyeomie of Salvation Ministries had described the…

Based on a court’s ruling, an unnamed former Managing Director of the Niger Delta Development Commission (NDDC), has forfeited N250,000,000 to the Federal Government. The Economic and Financial Crimes Commission, in a statement released by on Friday, did not reveal the name of the Managing Director. A statement signed by EFCC’s spokesman Dele Oyewale said based on an application for final forfeiture of the fund by the Lagos zonal office of the EFCC, Justice Rilwan Aikawa of the Federal High Court in Lagos, recently granted the final forfeiture of the money. The EFCC had approached the court, seeking the forfeiture…