Ademola Lookman Crowned 2024 CAF Player Of The Year +More | Top Stories & Trending Stories
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In sports, Nigerian footballers have made the nation proud at the 2024 CAF Awards. Adima Lukman was crowned the CAF Player of the Year, thanks to his exceptional performance in Europe. His win signifies Nigeria's continued dominance in African football, with fellow compatriot Victor Osimhen winning the same award the previous year.
The Super Falcons also made headlines as their goalkeeper, Chika Idah, was named CAF Women’s Goalkeeper of the Year for the second consecutive year. The recognition comes as the team continues to break barriers and represent Nigeria on international stages, showcasing their resilience despite the challenges faced during competitive tournaments.
Nollywood Breaks Box Office Records
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Federal Executive Council Approves 2025 Budget
In a recent meeting at the Presidential Villa, the Federal Executive Council granted final approval for Nigeria’s 2025 budget, which is set to be presented by President Bola Tinubu. The Minister of Budget and Economic Planning, Atunji Bagudu, revealed that the budget outlines a total expenditure of 47.96 trillion Naira, reflecting a 36.8% increase from the 2024 budget estimates. This significant rise in budget allocation indicates the government's efforts to address various socio-economic challenges facing the nation.
Major Crackdown on Cryptocurrency Fraud
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The Economic and Financial Crimes Commission (EFCC) made headlines with the announcement of a major operation resulting in the arrest of 792 suspects linked to cryptocurrency investment fraud and romance scams. EFCC's Director of Public Affairs, Wilson Ajarin, stated that these suspects were detained during a surprise raid on a building in Victoria Island, Lagos. This operation highlights the ongoing efforts by Nigerian authorities to combat financial crimes that have plagued the country, particularly those leveraging digital currencies.
Rising Inflation Figures in Nigeria
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Amid economic challenges, the National Bureau of Statistics reported an increase in Nigeria's headline inflation rate to 34.6% in November 2024, up from 33.88% in October 2024. The data reflects a rise of 0.72 percentage points, as detailed in the latest Consumer Price Index report. Rising inflation remains a critical concern for policymakers, affecting purchasing power and living conditions across the nation.
International Crisis Following Devastating Cyclone
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In global news, rescuers in the French Indian Ocean territory of Mayotte are racing against time to find survivors after a devastating cyclone wreaked havoc on the island. Hundreds are feared dead as the cyclone resulted in extensive destruction, including severely damaged health services, with hospitals and health centers rendered inoperable, according to the Health Minister. Efforts to restore normalcy and provide aid to affected residents are ongoing.
Nigerian Footballers Shine at CAF Awards
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In the realm of entertainment, the film "Everybody Loves Jennifer" shattered records in Nollywood, achieving the highest gross in a single-day performance and the biggest opening weekend of all time. The film grossed 87.8 million Naira on its first day and 206 million Naira over the opening weekend, according to distributors Filmm1. This unprecedented success underscores the growing influence and potential of the Nigerian film industry.
Emphasis on Celebrating National Achievements
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The discussion surrounding Nigeria's achievements, particularly in sports and the arts, emphasizes the importance of acknowledging and celebrating national pride. The host reflected on the significance of recognizing Nigerian successes amid ongoing struggles, highlighting that there are numerous exceptional individuals making strides both domestically and internationally.
Looking to the Future: Funding the 2025 Budget
As Nigeria prepares to implement the 2025 budget, experts are called upon to explore options beyond oil revenue to secure funding. There is a push for strategic discussions on non-oil revenue opportunities and methods to shift away from dependence on foreign borrowing, ensuring a more sustainable economic future for the nation.
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In summary, Nigeria stands at a crossroads with a multitude of developments spanning budget approvals, law enforcement successes, rising economic indicators, cultural milestones in sports and entertainment, and ongoing considerations of economic sustainability. The interconnectedness of these narratives plays a pivotal role in shaping the country’s trajectory forward.