FX stability
17 Feb
Financial analysts at Cowry Asset Management Limited have stressed the need for the government to implement strategic policies that will sustain ongoing reforms and stabilise the exchange rate to boost investor confidence, particularly among foreign investors.
23 Jan
For Nigeria to achieve meaningful economic growth, massive investments in infrastructure and mega projects across critical sectors must be prioritised.
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Pope Francis, who is in hospital with pneumonia, "rested well" overnight while wearing an oxygen mask, the Vatican said Wednesday, but his absence at the start of the Lent religious season highlighted fears over the health of the 88-year-old. Francis has suffered worrying respiratory attacks since his admission to the Gemelli hospital in Rome on…
7 mins ago
Keeping smartphone users safe from phishing, deepfakes and malicious software is top of mind for many manufacturers and network operators this week at the world's biggest wireless technology conference. Cybersecurity may not be splashed across the vast screens lining the convention centre's halls alongside omnipresent artificial intelligence features, but it has had top billing in…
27 mins ago
The Economic and Financial Crimes Commission (EFCC) and the French government have expressed commitment to strengthen their cooperation in the areas of asset tracking, cybercrime investigation, and security training. According to a statement by the EFCC spokesman, Dele Oyewale, this commitment was made in Abuja on Tuesday, when Lieutenant General Regis Colombet, Director of Security…
38 mins ago
Barely a week after the Federal Government unveiled the National Integrated Electricity Policy (NIEP) and Integrated Resources Plan (NIRP) to accelerate energy transition goals, it has emerged that Nigeria's energy transition policy is facing a serious funding gap to the tune of N11.4 trillion. To combat this financial threat, stakeholders, including the leadership of the…
57 mins ago
A catastrophic disaster looms at the Nigerian Air Force Base in Ikeja as a prolonged power outage has left military bombs and rockets exposed to rising temperatures, creating a volatile situation that could lead to a deadly explosion. For 12 days, the base has been without stable electricity, despite consistent payments to Ikeja Electricity Distribution…
1 hour ago
In the words of the esteemed literary figure William Shakespeare, “The voice of parents is the voice of gods, for to their children, they are Heaven’s lieutenants.” Building on this idea, author Moses Okoloje intricately explores the fundamental role of the family unit in shaping the character traits of children. He blames the current societal…
1 hour ago
Two suspected internet fraudsters, Godwin Christopher and Temitope Ature Mario, have bagged jail terms in Abuja. According to a statement by the spokesman of the Economic and Financial Crimes Commission (EFCC), Dele Oyewale, on Tuesday night, Justice M.Y. Halilu of the Federal Capital Territory (FCT) High Court, Maitama, convicted and sentenced the two to one…
1 hour ago
Real Sociedad are hoping to forget their struggles this season and compound Premier League giants Manchester United's when they meet on Thursday in the Europa League last 16. The Basque side host Ruben Amorim's tormented Red Devils in San Sebastian before the second leg at Old Trafford next week. Real Sociedad suffered…
3 hours ago
Carlos Alcaraz will take a softly-softly approach as he vies to become just the third man to win three straight titles at Indian Wells, where he could find a member of that exclusive club, Novak Djokovic, standing in his way in the quarter-finals. "I will try not to think about it," Alcaraz said of his…
3 hours ago
Women's World Cup winner Yuki Nagasato, who made history with a brief spell playing for a men's team, said she had given "every last drop" as the Japanese striker announced her retirement from football. The 37-year-old, part of the Japan team that lifted the World Cup in 2011, brought the curtain down on a 23-year…