The National Inland Waterways Authority (NIWA) has sent an emergency rescue team to search for missing passengers of a merchant boat which capsized in Kogi on Friday. The Managing Director of NIWA, Mr. Bola Oyebamiji, said this in a statement on Friday. According to Oyebamiji, the boat capsized in the waters of Ebe community in…

Some countries with resource-dependent economies find it difficult to design and implement public investment and policy reforms that are essential for economic diversification. Some of the challenges these countries face include maximising the benefits from their natural resources and distributing them widely to facilitate national development and improve on the welfare of the people, including…

Proponents of Governor Seyi Makinde’s potential presidential run appear to have two possible motives – to exacerbate divisions within the opposition Peoples Democratic Party (PDP) or to look for a formidable candidate from the Southwest to challenge President Bola Ahmed Tinubu’s re-election bid. However, it remains unclear whether the governor is aware of these underlying…

The Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank from December 1. CBN Governor, Olayemi Cardoso, said this during the 2024 annual bankers dinner in Lagos organized by the Chartered Institute of Bankers of Nigeria (CIBN) He urged…

President Bola Tinubu on Friday congratulated former Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, on her unanimous re-election as the Director-General of the World Trade Organisation (WTO). The General Council of the World Trade Organisation (WTO),  during a special General Council meeting on November 28-29, 2024, agreed by consensus to reappoint…