Nigerian economy
30 Oct
In a major stride towards economic diversification, the Akwa Ibom State Government has flagged off construction of the ambitious 18-storey Ibom Towers project in Victoria Island, Lagos, with a completion timeline of 24 months. The project, officially launched on Wednesday by Lagos State Governor Babajide Sanwo-Olu, marks a significant partnership between Akwa Ibom and Lagos,…
30 Oct
Sheneya Wilson, the visionary Founder and CEO of Fola Financial LLC, has extended her transformative initiative, the Tax Essentials Learning Program (T.E.L.P), to Nigeria, partnering with Temitope Akinsemoyin, founder of Stanchion TM Consults NG. Certified by the IRS, T.E.L.P aims to build a foundation of tax knowledge among Nigerians, fostering greater involvement in the tax…
19 Oct
Renowned media personality John Egbokhan has called on Nigerians to stay hopeful and resilient in the face of the country’s ongoing economic difficulties. Speaking in a recent interview with The Guardian, Egbokhan shared his belief that the current hardships are temporary and will soon give way to better times. “The storm will soon be over.…
13 Oct
The ongoing controversy surrounding President Bola Tinubu's recent two-week vacation has sparked a clash between Atiku Abubakar's aide, Phrank Shaibu, and the President’s Special Adviser on Information and Strategy, Bayo Onanuga. President Tinubu’s announcement of his two-week vacation in France has drawn widespread criticism, as it comes at a time when Nigeria faces severe economic…
7 Oct
The approval of an Economic Stabilisation Bill (ESB) by the Federal Executive Council (FEC) presided over by President Bola Ahmed Tinubu, a few days ago, is by all consideration, a move at the nick of time. This initiative comes at a time when practically all economic indicators
10 Sep
During the seventh edition of the Kaduna Investment Summit (KADINVEST 7.0) held in October 2022, His Highness Emir Muhammad Sanusi II, the Emir of Kano, reminded the audience of the grim realities facing the Nigerian economy and presented sobering projections for the country’s economic future if the current mismanagement continued.
10 Sep
Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has decried the exodus and closure of businesses in the country arising from the state of the nation’s economy.
6 Sep
Hon. Esosa Iyawe, the House of Representatives member representing Oredo Federal Constituency of Edo State, has praised the Dangote Refinery and its founder, Aliko Dangote, for the commencement of Premium Motor Spirit (PMS) production, which began on 3rd September 2024. The start of local petrol production marks a monumental achievement for Nigeria, which has long…
30 Aug
Renowned Economist and Managing Director/Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, hasthrown his weight behind the Windfall Tax on financial institutions by the Federal Government, describing the policy as a win-win situation, and one aimed at fostering social good and entrenching equitable distribution of resources for Nigerians. Windfall taxes are…
22 Aug
Rising Afrobeats artist Olamilekan Ajibade, known by his stage name Magek Boi, is using his music to shed light on the economic struggles facing many Nigerian families. His hit song Poor Man Pikin captures the reality of hardship in the country, offering a poignant reflection on the daily battle to survive. Magek Boi is more…
9 Aug
Prominent figures gathered at the dinner event to unveil the Niger Delta International Festival and Trade Expo, organised by KenEva Consult Ltd, KenRich Global Consult Ltd, and Brevity Anderson. The event, held at the Transcorp Hilton Hotel in Abuja on August 6, drew an impressive lineup of attendees, including the Niger Delta Minister, Abubakar Momoh,…
7 Aug
In a show of support for NNPC Group Managing Director Mele Kyari, a coalition of 92 Civil Society Organizations (CSOs) has urged President Bola Tinubu to resist efforts they claim aim to undermine Kyari’s contributions to the Nigerian economy. The coalition, represented by the Global Centre for Conscious Living Against Corruption and led by Director…
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The troops of 1 Brigade in Sector 2 Joint Task Force North West, Operation Fansan Yamma, have neutralised several terrorists, including a notorious kingpin known as Alhaji Ma'oli, on Boxing Day. The operation took place in Mai Sheka village, near Kunchin Kalgo town, which is one of the local communities that had suffered under Ma'oli's…
3 mins ago
West Africa's regional bloc ECOWAS has come to Nigeria's defence after claims by Niger that it was plotting to destabilise its neighbour.
23 mins ago
A chieftain of the All Progressives Congress (APC) and former lawmaker of the Osun State House of Assembly, Olatunbosun Oyintiloye, has said that 2025 will be a turning point for an improved economy for the state and the nation at large. Oyintiloye, who represented the Obokun State Constituency, stated this in his yuletide message to…
49 mins ago
Ruben Amorim admitted he had "no idea" how long it will take for him to revive Manchester United, saying his focus was on "survival" after a defeat by Wolves condemned him to the worst start by any Old Trafford boss in nearly 100 years.
1 hour ago
A coalition of rights groups has commended the Nigerian military for its efforts in combating insecurity, saying that the country is winning the war against bandits and other terrorist groups. The organisations, under the aegis of the Coalition of Youth Leaders for One Nigeria (COYLON) and The Movement for the Survival of the Izon Ethnic…
1 hour ago
The Yoruba Council of Elders (YCE) has commiserated with the victims and families of the Ibadan Christmas funfair tragedy, calling on governments not to allow good intentions and good deeds to become regrettable because of the ordeals of former Queen Naomi Silekunola. It would be recalled that Naomi had, on December 18, 2024, organised a…
1 hour ago
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has said he will support the re-election bid of President Bola Tinubu and that he has no regrets doing so during the 2023 presidential election. Wike who was the governor of Rivers State for eight years under the platform of the Peoples Democratic Party (PDP)…
1 hour ago
Femi Adebayo's Seven Doors is a Nigerian epic series of 2024 which revolves around tradition, power and the supernatural. The mini-series focuses on Ilara, Ondo State during the 18th and 19th centuries. In particular, this film was launched on December 13, 2024, and is a collaboration by the three Adebayos – Femi, Tope and Tijani.…
1 hour ago
The National Security Adviser (NSA), Nuhu Ribadu, has said Nigeria has never allowed and will never allow any foreign military base in the country. Ribadu said this in response to allegations levelled by the military President of Niger Republic, Abdourahamane Tchiani, who accused Nigeria of preparing a base for France in the North. In a…