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Nigeria’s economic reform agenda has received a significant boost, courtesy of Saudi Arabia’s commitment to provide a $5 billion bilateral trade facility. This development emerged from a high-level meeting between Saudi Crown Prince Mohammed bin Salman and President Bola Ahmed Tinubu. Key Highlights: – Enhanced Economic Cooperation: The two leaders discussed strategic partnerships in oil […]
The Nigerian Railway Corporation (NRC) has announced the introduction of extra train trips on Fridays and Saturdays along the Lagos-Ibadan route. This move aims to cater to the growing demand for convenient and affordable transportation between the two cities. Key Details: – Additional trips on Fridays and Saturdays – Increased frequency: 4 daily trips […]
Bitcoin has reached an all-time high, surpassing $90,000 for the first time ever, and it’s largely thanks to Donald Trump’s support. As the president-elect, Trump’s pledge to bolster the economy has injected confidence into the market, causing a surge in investments, particularly in cryptocurrencies like Bitcoin. This isn’t the first time Trump’s influence has impacted […]
President Bola Ahmed Tinubu is mourning the loss of Justice Emmanuel Obioma Ogwuegbu, a renowned former Supreme Court judge. Tinubu extended his heartfelt condolences to Ogwuegbu’s family, expressing profound sorrow over the late justice’s passing . Justice Ogwuegbu was a respected figure in Nigeria’s judiciary, having served as a Supreme Court judge. His contributions to […]
The Nigerian Civil Aviation Authority (NCAA) has directed pilots to cease working for multiple airlines simultaneously, citing safety concerns and regulatory compliance. Key Highlights: – Immediate ban on multiple employment – Pilots must choose a primary employer – Airlines must verify pilots’ employment status – Non-compliance attracts penalties Rationale: – Reduced pilot […]
South Korea’s President is perfecting his golf swing ahead of a crucial meeting with Donald Trump, a strategic move to establish common ground with the former US President . Trump, known for his love of golf, has often incorporated the sport into his diplomatic efforts during his presidency. The upcoming meeting is significant, especially given […]
The Lagos State Government has launched a bid to attract foreign investment to finance low-cost housing projects, aiming to bridge the state’s daunting housing deficit. Key Highlights: – Target: 100,000 affordable housing units – Estimated investment: $2 billion – Focus on public-private partnerships (PPPs) – Emphasis on sustainable, eco-friendly housing Government’s Pitch: […]
Nigerian film director Dimeji Ajibola, best known for directing the critically acclaimed movie “Shanty Town,” has died. Ajibola’s work on “Shanty Town” earned widespread recognition, showcasing his exceptional storytelling and directing skills. The Netflix original series premiered in January 2023 and received praise for its gripping narrative and vivid portrayal of life in Lagos. Ajibola’s […]
The Academic Staff Union of Universities (ASUU) has called for the utilization of unspent funds to revitalize Nigeria’s tertiary education sector. This move aims to address the sector’s challenges, including decayed infrastructure, poor facilities, and outdated curricula. The union emphasizes the need for proper allocation of resources to education, citing insufficient funding as a major […]
The Nigerian National Petroleum Company Limited (NNPCL) has announced the cessation of N24 trillion fuel imports, opting instead to source petroleum products from the newly operational Dangote Refinery. Key Highlights: – NNPCL ends fuel importation after 66 years – Dangote Refinery to supply 650,000 barrels per day – Local refining capacity increases to 1.1 […]
