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IMF Raises Alarm Over Budget Transparency Gaps as Nigeria Hides N8.83T in Spending
The IMF has warned that Nigeria failed to record public spending equivalent to nearly 2% of GDP, raising concerns over budget transparency and the true scale of government borrowing. The disclosure comes as the country pushes ahead with a record N68.3 trillion budget and fresh external loans.
269 More Nigerians Fleeing South Africa Arrive in Lagos Amid Escalating Crisis
A total of 269 Nigerians fleeing South Africa arrived in Lagos aboard an Air Peace flight as the federal government continues evacuations amid growing anti-immigrant hostility. Officials say more flights are planned to bring home hundreds of Nigerians awaiting repatriation.
Building Collapse in Rivers State Sparks Safety Alarm After 3-Storey Structure Falls
A three-storey building under construction collapsed in Rumuolumeni, Rivers State, prompting an official investigation and renewed concerns over construction safety, building approvals, and the use of substandard materials.
Nigeria’s SEC Moves Against Fake Dangote Refinery IPO Promotions
Nigeria's Securities and Exchange Commission has moved against brokers and investment platforms promoting a non-existent Dangote Refinery IPO, ordering refunds and the removal of unauthorised advertisements while warning investors against pre-IPO solicitations lacking regulatory approval.
Bello Turji Claims Sokoto IED Attack on Military Convoy That Killed 2 Soldiers
Bandit leader Bello Turji has released a video claiming responsibility for a deadly IED attack on a military convoy in Sokoto State. The explosion reportedly killed two soldiers and injured several others as troops responded to a distress call from residents in Isa Local Government Area.
