Lagos Suspends BRT Lane Enforcement on Eko Bridge, Odo Iya-Alaro
The Lagos State Government has suspended the Bus Rapid Transit (BRT) lane enforcement along the Eko Bridge and Odo Iya-Alaro corridors to mitigate traffic congestion faced by commuters due to the rehabilitation of the Ifako Bridge expansion joint. The Special Adviser to the Governor on Transportation, Sola Giwa, approved the move, according to the Lagos […]
Nigeria’s First Lady Donates ₦1bn To Victims Of Plateau Clashes
Nigeria’s First Lady, Oluremi Tinubu, has donated ₦1bn to victims of clashes in Plateau State. Mrs. Tinubu announced the donation, which also included food items and clothing, on behalf of the Renewed Hope Initiative (RHI) when she and the RHI team visited the state in solidarity and to lend a helping hand. According to her, […]
Ugandan Military Helicopter Crashes in Somalia, 5 Dead
A Ugandan military helicopter crashed and caught fire at the main international airport in Somalia’s capital, Mogadishu, killing five people on board. The pilot, co-pilot and flight engineer survived with “serious injuries and severe burns”, according to Ugandan military spokesman Maj Gen Felix Kulaigye, adding that an investigation into the cause of the crash was […]
IMF Urges Nigeria to Adjust 2025 Budget, Expand Cash Transfers
The International Monetary Fund (IMF) has said Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers to shield the most vulnerable parts of its population that face hunger and poverty. Releasing the results of its routine “Article IV” assessment of Nigeria’s economic policies, the IMF said economic growth […]
FG Unveils ₦50m Grant for Student Innovations
The Federal Government has announced a N50 million student grant venture capital initiative to support efforts in making some outstanding student-led innovations and enterprises in Nigeria’s tertiary institutions market-ready. This is even as the Federal Government has inaugurated a high-powered ministerial committee to drive the commercialisation of research outputs from Nigeria’s tertiary institutions. Minister of […]
NNPC Reports ₦6 Trillion in Oil Revenue, Ends 3-Year Silence
The Nigerian National Petroleum Company (NNPC) reported a massive ₦6 trillion in oil revenue for May 2025, driven by a slight uptick in crude and condensate production. In a surprise move, NNPC also resumed its monthly financial reporting after nearly three years, marking a dramatic return to transparency. READ ANOTHER STORY – https://classic97.net/nigerias-31-5b-gap-threatens-2030-goals-as-growth-slows/
Nigeria’s $31.5B Gap Threatens 2030 Goals as Growth Slows
Classic fm 97.3 Nigeria’s ambitious 2030 development agenda is facing a significant obstacle: a staggering $31.5 billion annual financing shortfall. The African Development Bank (AfDB) has raised the alarm, urging the country to adopt robust financial strategies beyond traditional oil revenues to meet its economic targets. The development bank emphasized that Nigeria must “move beyond […]
Keefe D Linked Diddy to Tupac’s Murder in Old Interviews, as Suge Knight Reflects
For nearly 30 years, no one was held accountable for the murder of Tupac Shakur — gunned down at one of the most surveilled intersections in Las Vegas during a time of escalating tensions between rival, gang-linked record labels. Many believe the case went cold due to a deeper unwillingness to challenge the powerful forces […]
Madugu Confident as Super Falcons Eye WAFCON Glory
Super Falcons coach Justine Madugu remains confident of the team’s chances at the 2024 CAF Women’s Africa Cup of Nations tournament scheduled to begin in Morocco this weekend, but insists that the squad must improve in all areas. The nine-time continental champions wrapped up their preparations for the biennial showpiece by defeating fellow West African […]
Reps Give Rivers Admin 48 Hours on N1.48tn Budget
The House of Representatives Ad hoc Committee on Rivers has issued a 48-hour ultimatum to the Sole Administration of the state, Vice Admiral Ibok-Eke Ibas (retd.), to submit a breakdown of major items in the 2025 N1.48 trillion Appropriation Bill. The Chairman of the committee, Julius Ihonvbere (APC-Edo), issued the ultimatum on Monday at a […]
