Nigeria
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Every January 15 is marked as the Armed Forces Celebration and Remembrance Day, a day set aside to celebrate fallen heroes who died in the line of duty, as well as those still in service. This year, it again afforded the military hierarchy the opportunity to solidify the unwavering commitment and heroism demonstrated by its […]
The Nigeria Employers’ Consultative Association (NECA) paints a worrisome picture, revealing that at least 15 multinationals have chosen to either divest or partially shut down operations in Nigeria over the past three years. This exodus raises serious concerns about rising unemployment, potential social unrest, and a weakened business environment. NECA Director-General, Adewale Oyerinde, warns that […]
The Economic and Financial Crimes Commission (EFCC) has made significant progress in its investigation of a suspected N44 billion fraud at the National Social Investment Programme Agency (NSIPA). The agency has tracked and frozen N30 billion of the missing funds, which were allegedly funneled into private and corporate accounts linked to individuals acting as fronts. […]
Lagos, Nigeria: The massive Dangote Petroleum Refinery has received its fourth shipment of one million barrels of Bonny Light crude oil, fueling anticipation for its imminent launch. The Nigerian National Petroleum Corporation Limited (NNPC) delivered the crucial supply, with the $20 billion refinery expecting a fifth shipment shortly. This marks a significant development, adding to […]
President Bola Tinubu has signed the 2024 budget, aptly named “Renewed Hope,” into law, injecting a vital N100 billion into the school feeding program. This significant allocation aims to tackle both hunger and education challenges, encouraging school attendance and potentially reducing the number of out-of-school children in Nigeria. Tinubu highlighted the strategic shift in the […]
According to data released by the Debt Management Office (DMO), Nigeria’s total public debt rose slightly from N87.38 trillion in June to N87.91 trillion at the end of September. The N87.91 trillion comprises the domestic and external debts of the Federal Government of Nigeria, 36 state governments and the Federal Capital Territory. The country’s external […]
In a dramatic turn of events, the Rivers State House of Assembly has withdrawn its impeachment notice against Governor Siminalayi Fubara. The lawmakers, bowing to pressure from President Bola Tinubu, cited respect for the President’s recent peace deal between Fubara and his predecessor, Nyesom Wike, as the reason for their decision. This sudden retreat follows […]
Riding high on their resounding victory in the first leg, the Super Falcons of Nigeria are brimming with confidence as they prepare to face Cape Verde once again in the second leg of their Morocco 2024 African Women’s Cup of Nations qualifier. The Falcons, who secured a convincing 5-0 win in the first leg played […]
The Economic Community of West African States (ECOWAS) Parliament has appealed to the Heads of State and Government in the region to reconsider and lift the sanctions imposed on the Niger Republic. The sanctions were imposed in July 2023 following the overthrow of President Mohamed Bazoum by a group of military officers led by General […]
In a significant step towards fostering innovation and entrepreneurship, the Federal Government has launched the Startup Support and Engagement Portal. This portal, a cornerstone of the Nigeria Startup Act implementation, aims to streamline the identification and aggregation of startups across the country. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, announced the […]
