Nigerian News Summaries

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The Punch Nov 28, 2024

CBN Denies Plan to Withhold LGs Allocations in Kano State Court Case

The Central Bank of Nigeria (CBN) has denied plans to withhold allocations for 44 local governments in Kano State, urging a high court to remove it as a defendant in a related suit. The CBN's denial comes after a lawsuit was filed to stop the distribution of funds to the affected local government areas.

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The Punch Nov 28, 2024

Former Nigerian Leaders Olusegun Obasanjo and Yakubu Gowon Perform at Christmas Carol Festival

Former Nigerian presidents Olusegun Obasanjo and Yakubu Gowon will attend the Plateau State Christmas Carols and Praise Festival in Nigeria, an interdenominational event celebrating Christmas with music and worship.

The Punch Nov 28, 2024

FG to provide emergency care for 1.7m pregnant rural women nationwide.

The Federal Government plans an emergency care system for approximately 1.7 million pregnant rural women, aiming to save lives through the Rural Emergency Service and Maternal Transportation initiative.

The Punch Nov 28, 2024

Nigeria Attracts $1.27 Billion in Foreign Capital from BRICS Countries by June 2024.

Nigeria has attracted $1.27 billion in foreign capital from BRICS countries by June 2024, exceeding its previous year's total of $438.72 million. This represents a significant increase in investment from the five nations, including Brazil, Russia, India, China, and South Africa.