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President Muhammadu Buhari has written to the Senate and the House of Representatives, seeking validation for a new loan of $5.513 billion. In a letter read at the plenary on Thursday by the Speaker of the House of Representatives, Femi Gbajabiamila, the president said the loan was to finance the 2020 budget deficit, financing of critical projects, and supporting some states of the federation. Another letter, read by Senate President Ahmad Lawan during the Senate...

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Joseph Masin, the Chairman of the Christian Association of Nigeria (CAN) , Nasarawa State has been kidnapped. The police commissioner in Nasarawa, Bola Longe confirmed his abduction on Thursday morning. Mr. Longe disclosed to journalists that the bishop from taken his house in Bukan-sidi in Lafia at about 12:39 a.m. Noting that the police have mobilised officers as well as hunters to free the cleric. Corroborating the report given by the commissioner, Yohanna Samari, a...

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Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes of a smooth demand recovery as the world begins to ease its way out of coronavirus lockdowns. The decline extended losses from Wednesday on uncertainty about Russia’s commitment to deep oil production cuts in the lead-up to a June 9 meeting of the Organisation of the Petroleum Exporting Countries...

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China’s parliament is expected to discuss and adopt a controversial national security law for Hong Kong on Thursday, in a move that has spurred protests in the financial hub and criticism by the U.S. The law would bypass Hong Kong’s internal legislature to punish acts related to endangering national security and subverting state power in the semi-autonomous Chinese territory. Beijing would also be able to set up outposts of mainland agencies in Hong Kong to...

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U.S. President Donald Trump is expected to sign an executive order on social media on Thursday, according to local media reports. The reports, citing unnamed White House officials, came a day after microblogging site, Twitter, tagged Trump’s  tweets on mail-in voting as misleading. In the tweets, the president told his over 80 million followers that voting through mail, otherwise known as mail-in ballots, was prone to fraud. Shortly after, Twitter tagged the tweets with a circled...

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The People’s Democratic Party (PDP), Ekiti State chapter, on Wednesday. Alleges that the Dr. Kayode Fayemi led administration in Ekiti has sold the State Governor’s Lodge in Abuja. The Secretary of the state PDP Caretaker Committee, Mr. Diran Olayemi demanded that the governor should explain to the people of Ekiti the status of the property located at T.Y Danjuma, Asokoro, Abuja. The Secretary said this in a statement in Ado Ekiti, the State Capital. He...

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Chairman, Senate Committee on Niger Delta Affairs, Sen. Peter Nwaoboshi (PDP-Delta) on Wednesday, denied the alleged padding of 2019 budget of Niger Delta Development Commission (NDDC) as alleged by Interim Management Committee (IMC) of NDDC. He also said that the allegation of having removed the regional projects of President Muhammadu Buhari in the budget submitted to the committee and inclusion of 500 non existing projects valued at N80 billion was untrue. He also refuted the...

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The emergence of Pastor Osagie Ize-Iyamu as the consensus candidate of a faction of the All Progressives Congress (APC) in Edo State loyal to the National Chairman of the party, Comrade Adams Oshiomhole, sets the stage for a battle with Godwin Obaseki at the direct primary. According to media reports, Ize-Iyamu, a former Secretary to Edo State Government (SSG) emerged on Tuesday night in Abuja through consensus arrangement. Ize-Iyamu alongside three other candidates, including former...

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The Peoples Democratic Party (PDP) has refuted the rumour that Ondo State Deputy Governor, Agboola Ajayi, would be giving automatic ticket if he dumped the ruling All Progressives Congress (APC). The PDP said this in a statement on Tuesday by its spokesman in the state, Mr Zadok Akintoye. Akintoye said that the party did not have a preferred candidate and would ensure level playing field for all aspirants or intending aspirant. “As it has been...

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The Cannes film festival was canceled and the September jamborees in Venice and Toronto are uncertain, but this week movie lovers are being offered a taste of the film festival experience from the comfort of their homes. The 10-day “We Are One: A Global Film Festival,” starting Friday on YouTube, will feature new and classic movies, talks with directors, and music and comedy curated by 21 festivals including those in Berlin, Cannes, Venice, Toronto and...