EFCC Explains Arrest, Detention Of VDM

The Economic and Financial Crimes Commission (EFCC) said it arrested and detained, Martins Otse, popularly known as VeryDarkMan (VDM) over his repeated refusal to honour several invitations extended to him. A statement by Mr Dele Oyewale, the Spokesperson of the EFCC on Tuesday in Abuja said Otse, a Social Media Influencer was invited over allegations…

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Nigeria And Japan Strengthen Ties Over Abuja Master Plan And Infrastructure Projects

Nigeria’s Federal Capital Territory Minister, Nyesom Wike, has reaffirmed his commitment to deepening cooperation with Japan to drive sustainable development in Abuja. Speaking during a meeting with Japan’s Ambassador to Nigeria, Mr Suzuki Hideo, in Abuja on Tuesday, Wike underscored the importance of revising the 1979 Abuja Master Plan to reflect present-day realities and future…

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Reps Approve Tinubu’s $2.34bn Borrowing Plan To Finance 2025 Budget, Refinance Eurobonds

Nigeria’s House of Representatives has approved President Bola Tinubu’s plan to raise $2.347 billion from international lenders and investors, paving the way for a mix of Eurobonds, syndicated loans, and an inaugural $500 million Sukuk issuance aimed at financing next year’s budget and managing the nation’s maturing debts. The lower chamber’s approval came on Wednesday…

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