Nigeria paid an average 9.6 per cent interest on new private external loans in 2025, five times the rate charged by official creditors.
Otobong Tommy
Otobong Tommy
Otobong Tommy is a violinist, writer, and teacher. With a BSc. in public administration (2014) from Babcock University, Ogun State, Nigeria, she has previously worked at Ventures Africa, NAEC, The Eagles Music Academy, and currently at L'Orbe, a non-profit where she is co-founder, managing the music room targeted at children and teenagers. She also enjoys exploring design and content creation.
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Parents and student representatives have welcomed proposed changes to Nigeria’s student loan payment system aimed at preventing duplicate payments and improving transparency.
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Peter Obi has pledged to restore security, support displaced residents and rebuild Plateau State’s tourism industry as part of his proposed presidential agenda.
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Peter Obi says football officials stopped him from greeting Nigeria’s U-17 women’s world champions at Abuja airport, a claim the Presidency and sports officials reject.
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Nigeria Customs has cleared 98 containers of transformers, cables and switchgear, some stuck at ports for 20 years, to finish stalled grid projects.
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The Apapa Area Command of the Nigeria Customs Service generated 302.9 billion naira in October, a 7.13% rise from September, according to the command.
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Great Nigeria Insurance says it has paid off more than 3 billion naira in outstanding claims and will now settle verified claims within 48 hours.
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Nigeria Customs says it is using artificial intelligence and digital tracking tools to counter fake news and scams, and to help identify those behind them.
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News
Lagos turns to students to fight plastic waste and flooding, halts unapproved wetland reclamation
At LASU’s Walk for Nature, Lagos officials charged students to separate waste, plant trees and push for accountability, as the state suspends unapproved wetland reclamation.
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Lagos agencies are urging motorists to avoid speeding, wrong way driving and illegal parking during the ember months as festive season traffic builds.