1 day ago
Debt servicing may have been responsible for the drop in Nigeria’s foreign reserves from $34.45 billion to $32.61 billion within one month. Speaking at the ongoing Springs meeting of the World Bank Group and International Monetary Fund (IMF) in Washington, the United States, the governor of the Central Bank of Nigeria, Yemi Cardoso said some…
1 day ago
Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund...
1 day ago
The battle for the soul of the Peoples Democratic Party (PDP) is set to reach a climax as stakeholders of the main opposition party hold its 98th National Executive Committee (NEC) meeting tomorrow after its caucus and Board of Trustees (BoT) meeting today.
1 day ago
Going by current happenings in the economy, which has affected virtually all the sectors, from manufacturing to FMCG, among others, it is no longer a matter of ‘if’ but ‘when’ an upward review of the current prices for telecommunications services in the country would happen.
1 day ago
Just last week, Nigeria’s local manufacturing sector was dealt a huge blow as one of the biggest brewers in the country, Nigerian Breweries, announced that it is suspending operations in two of its nine breweries.
News
5 mins ago
The Federal Government has opposed the conditions submitted by the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, for the resumption of his trial.
1 day ago
Abdulazeez Ganduje, the eldest son of the suspended national chairman of the All Progressives Congress (APC), Abdullahi Ganduje, paid a visit to the chairman of the Kano State Public Complaints and Anti-Corruption Commission, Muhyi Rimingado, at his office. Mr. Abdulazeez visited Mr. Rimingado on Wednesday evening to show his support for the chairman's anti-corruption efforts.…
1 day ago
NATIONAL Coordinator of presidential Unlocking Healthcare Value-Chain initiative, domiciled under the Federal Ministry of Health and Social Welfare, Dr Abdu Mukhtar, has disclosed that Nigeria imports 70 per cent pharmaceuticals, 99 per cent medical devices and 100 per cent vaccines. Mukhtar, in his presentation, yesterday, at the 11th Medic West Africa exhibition in Lägos, healthcare…
1 day ago
The Nigerian Army said it will probe the two soldiers allegedly involved in a reported case of theft at the Dangote Refinery in Lagos. Army spokesman, Major General Onyema Nwachukwu disclosed this in a statement on Wednesday. Onyema said the Army is deeply concerned about the alleged involvement of two of its personnel in the…
1 day ago
The Kaduna State House of Assembly has denounced the actions of Bello El-rufai, a federal lawmaker representing Kaduna North Federal Constituency. Bello is the son of immediate past governor Nasir El-Rufai. The assembly alleged that El-rufai attempted to obstruct the assembly's investigation into financial dealings and project implementation from 2015-2023 in the state. The assembly…
1 day ago
The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent. The aim of the review is to align with the current monetary tightening. The apex bank disclosed this in a circular on Wednesday titled ‘Re: Regulatory Measures to Improve Lending to the…
1 day ago
The Economic and Financial Crimes Commission, (EFCC) will on Thursday, April 18, 2024 arraign a former governor of Kogi State, Yahaya Adoza Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu on 19- count charges bordering…
1 day ago
The ruling All Progressives Congress (APC) has dragged Justice Usman Na'Abba of the Kano High Court for allegedly breaching the extant provision of the law while granting an Ex-parte motion suspending its national chairman, Dr. Abdullahi Umar Ganduje from the party. In a petition to the Chief Justice of Nigeria, Olukayode Ariwoola, and the NJC,…
1 day ago
The Northern Elders Forum (NEF) has distanced itself from the widely reported news that the Northern region regrets voting for President Bola Tinubu. NEF in a statement by its Deputy Director General II, Salisu Mohammed, said the forum is not engaged in the politics of the 2027 election or decided on whom to support or…
Guardian TV
1 day ago
Chess master, Tunde Onakoya, has embarked on a mission to surpass the Guinness World Record for the longest chess marathon. The event, which is currently underway at New York City's iconic Times Square, started at 10am on Wednesday, April 17, and is scheduled to end at 8pm on April 19. Onakoya is set to engage in an intense chess marathon, aiming to play for 58 hours without a single defeat.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
With Nigeria’s key lending rate at 24.75 per cent, developers in Nigeria’s real estate sector say the rate is fast impacting the growth of the industry. How are developers adapting to market shifts and new opportunities amid these challenges? Ayoolanrewaju Kuyebi, the MD and CEO GMH Luxury joins CNBC Africa for this discussion.
2 days ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
Sport
1 day ago
Real Madrid exacted revenge on Manchester City to reach the Champions League semi-finals 4-3 on penalties after withstanding a barrage at the Etihad on Wednesday.
1 day ago
A 63rd-minute Joshua Kimmich header gave Bayern Munich a 1-0 win over Arsenal and a place in the Champions League semi-finals on Wednesday.
1 day ago
No fewer than 16 teams,in four groups, will from April 21 battle to decide the best team, among sides formed by automobile mechanics, in the maiden Mechanic Champions League sponsored byHyde Energy.
1 day ago
German champion, Bayer Leverkusen, has said that their star players, including Nigeria’s Victor Boniface, are part of the reasons Coach Xabi Alonzo agreed to stay and nurture the club’s project.
1 day ago
Defending champions, Bendel Insurance, record title holder, 3SC, and league champions, Enyimba are among the top clubs expected to know their opponents when the draw for the 2024 Federation Cup holds in Abuja, tomorrow.
1 day ago
A Karate enthusiast, Prof. Sabo Ahmed Mohammed of the College of Health Sciences, University of Jos, has described the karate ‘Sallah show,’a yearly programme held in the Plateau State capital, as an avenue to promote
Latest
NOW
To support the education of future leaders and groom responsible citizens, a real estate firm, Heritage Realtors, has renovated the library of St. David Anglican Primary School, Osoroko, Ibeju Lekki, Lagos.
NOW
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
NOW
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.
NOW
Inflation in Nigeria is reaching its peak now and will decelerate toward the middle of the year, Director-General of the Budget Office of the Federation, Ben Akabueze, has said.
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Features
NOW
To support the education of future leaders and groom responsible citizens, a real estate firm, Heritage Realtors, has renovated the library of St. David Anglican Primary School, Osoroko, Ibeju Lekki, Lagos.
Editor's Pick
1 day ago
Some 12,948 startups have so far been registered through the Nigeria Startup Act. The National Information Technology Development Agency (NITDA), which disclosed this, said they were registered for labeling.
1 day ago
The Peoples Democratic Party (PDP) Caucus in the House of Representatives has given President Bola Tinubu three months to resolve the worsening insecurity across the country or face mass mobilisation of Nigerians on the issue.
1 day ago
Nigeria’s foreign reserves shed $1.8 billion in the last month, moving downward from $34.45 billion to $32.61 billion. Data obtained from the Central Bank of Nigeria (CBN) did not state the factors responsible for the slide, which is the lowest in six years.
Business
NOW
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
NOW
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.
NOW
Inflation in Nigeria is reaching its peak now and will decelerate toward the middle of the year, Director-General of the Budget Office of the Federation, Ben Akabueze, has said.
Columnists
3 mins ago
Sometime around noon on Wednesday, March 27, 2024, I received a perfunctory message through WhatsApp from a friend with the words, “Is it true that this your classmate has died?” Blazoned above the message was a picture of Victor Onwusika, my former classmate, colleague, and friend.
3 mins ago
Visual impairment poses a significant challenge for countless individuals, compromising their confidence, independence, and overall quality of life.
3 mins ago
In Nigeria presently, no political leader is sure of his standing until his case has been determined by the final court that has jurisdiction over it. This shows the importance of the judiciary even to the political class, which unfortunately, is part of the arm of government that is emasculating the judicial sector the most.…
Guardian Life
1 day ago
A Brazilian woman Érika de Souza Vieira wheeled the corpse of her uncle 68-year-old Paulo Roberto Braga into a bank on Tuesday. Vieira wanted her dead uncle to sign off on a 17,000 reais ($3,250) loan to her. But she was arrested shortly after entering the bank. “Uncle, are you listening? You need to sign…
1 day ago
Burna Boy, the Nigerian Afro-fusion artist, has secured a coveted spot on TIME Magazine’s 100 Most Influential People of 2024. This prestigious recognition celebrates individuals who have left an incredible mark on the world through their art, activism, and cultural impact. Angelique Kidjo, Grammy-winning musician, wrote Burna’s tribute on the Time’s website. She said: “Ten…
1 day ago
Nigerian singer Tiwa Savage has opened up about why she left acting for singing and hinted on a new album. She revealed this in a recent interview with MTV Fresh Out Live, where she talked about her upcoming film ‘Water and Garri’ "I have always wanted to do acting. Acting was one of my first…
1 day ago
Gospel singer Lara George has taken a stand against Pastor Paul Enenche, of the Dunamis Church, following his perceived 'weak' apology to Anyim Veronica. Pastor Enenche publicly embarrassed Veronica before his congregation, alleging her testimony to be false. However after evidences were tendered that she graduated, the Pastor tendered an apology. Enenche in a statement…
Technology
1 day ago
In response to the escalating threat landscape posed by Distributed Denial-of-Service (DDoS) and other cyber-attacks, a Nigerian pan-African Bank has forged a strategic alliance with Cybervergent, a technology company providing automated cybersecurity solutions.
1 day ago
Networking and security firm, Array Networks, is collaborating with Mitsumi Distribution, one of the largest in both Volume and Value Business distributors in Nigeria.
1 day ago
Coderina Education and Technology Foundation, a not-for-profit organization, has signed a Memorandum of Understanding (MOU) with FCT Department of Science, Technology and Innovation to leverage technology as an enabler for inclusivity and empowerment.
1 day ago
In celebration of Eid al-Fitr, PalmPay, Nigeria’s fintech platform will be giving out 105 smartphones comprising of iPhone 15 Pro and Infinix Note 40 to its users.
1 day ago
An IT expert and the Head, Sydani Technologies Limited, Noble Ajuonu, has urged the Federal Government to harmonise the National Identification Number (NIN), Bank Verification Number (BVN) and Voter Identification Numbers (VIN) to tackle the increasing insecurity in the country.
12 Apr
A new cryptocurrency, Chambs, has entered the digital market with promises of revolutionizing utility tokens. Offering a plethora of features and benefits, including payments, staking, and a cutting-edge web3 social media platform, Chambs has quickly caught the attention of crypto enthusiasts worldwide. Powered by the Solana blockchain, Chambs boasts a seamless and efficient network, ensuring…