Wednesday, 6th December 2023

Nigeria economy

2 days ago
For the nation’s economy to grow steadily at sixteen per cent per annum over the next six years to attain $1 trillion economy by 2030, there is need for government to unlock the huge potentials of long term financing inherent in the capital market, as well as ensure that borrowings are tied to infrastructure bonds.…
11 Nov
Prof. Doyin Salami, former Chief Economic Adviser to the immediate past president of the country, Muhammadu Buhari, has blamed the nation’s backwardness on its handlers, saying there were no deliberate efforts about its progress. Salami, who was the guest speaker at the 2023 Sobo Sowemimo Annual Lecture with the theme, ‘Imperatives of Nigeria’s Regeneration’, held at the…
19 Sep
Deputy Secretary, U.S. Department of the Treasury, Wally Adeyemo, yesterday, blamed instability of the naira, corruption, and lack of integrity for Nigeria’s financial woes, even as he proffered solutions. Adeyemo spoke, when he visited the Lagos Business School, calling among others, for unification of the country’s foreign exchange, with a view to attracting foreign investment.…
30 May
I wish to congratulate you (former) Mr President for your stewardship of Nigeria for the past eight years. Thank you very much for all your strong support for me, as President of the African Development Bank Group.
29 May
Findings have shown that contrary to promises by President Muhammadu Buhari and the All Progressives Congress (APC), on assumption of office in 2015 and 2019, to revamp the economy, tackle corruption, among others, not much have been achieved, few days to the end of their eight years in office.
21 Feb
As cash crunch bites harder, leaving many households in dire situations, Agusto & Co has warned that continued deterioration of economic conditions and living standards remain largest underlying threat to Nigeria’s overall stability, even though it believes things are likely to get better.


4 hours ago
The Ogun State Police Command has arrested two suspects, Akeem Usman and Ifadowo Niyi, for the alleged ritual murder of Quadri Salami, an 18-year-old 100-level student at Obafemi Awolowo University (OAU).
4 hours ago
House of the Dragon Season 2 is set to hit our screens next summer, and in preparation for that, the thriller has already shattered HBO MAX’s viewing records.
5 hours ago
‪Tarryn Reid and Clairise Hefke (TxC), the trailblazing musical ensemble known for infusing soulful beats with high-octane energy, has released their latest sensation, "Turn Off the Lights."
5 hours ago
In a candid interview with Time magazine, Taylor Swift has opened up about the devastating impact of the infamous phone call with Kanye West, which leaked online in 2016. The call, which was illegally recorded and edited, sparked a public firestorm and had a profound effect on Swift's mental health and career. Back then, Kim…
5 hours ago
Azerbaijan said Wednesday it wants reassurances from the United States on bilateral ties for Washington to continue mediating normalisation talks with arch-foe Armenia. The Caucasus neighbours have been locked in a decades-long conflict the over the Nagorno-Karabakh region, which Azerbaijan reclaimed after a lightning offensive against Armenian separatists in September. Both countries have said a…
5 hours ago
Israeli authorities have approved the construction of more than 1,700 new homes, a non-governmental organisation said Wednesday, a move constituting the expansion of settlements in occupied east Jerusalem.
5 hours ago
ADDIS ABABA, Ethiopia, 6 December 2023 -/African Media Agency(AMA)/-Safaricom M-PESA Mobile Financial Services PLC and Chapa Financial Technologies Share Company have entered into a partnership agreement to provide M-PESA services for entrepreneurs, businesses, and government services on Chapa’s payment aggregator platform.   The partnership aims to boost the ease of transactions for both merchants and M-PESA customers…
5 hours ago
LUSAKA, Zambia, 6 December 2023 /African Media Agency (AMA)/-From November 1-3, fintech stakeholders from around Africa and the globe converged in Lusaka, Zambia, for the 10th edition of the Africa Fintech Summit. Historically, AFTS has been the go-to platform for fintech startups, banks, corporations, telcos, government agencies, venture capital firms, and other industry players to…
5 hours ago
Tensions rose between Venezuela and Guyana on Tuesday as Caracas proposed a bill to create a Venezuelan province in a disputed oil-rich region and ordered the state oil company to issue licenses for extracting crude there. Venezuela's President Nicolas Maduro proposed at a government meeting that a bill be sent to the National Assembly for…
5 hours ago
A miner has been pulled out alive from under a mudslide five days after being trapped underground with many others when torrential rains hit Zambia's main copperbelt region, authorities said on Wednesday.