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Nigeria’s economy is significantly larger than previously thought, after the National Bureau of Statistics (NBS) updated the methodology used in calculating the country’s Gross Domestic Product (GDP), boosting the nation’s economic size by nearly 30 percent. At a press briefing held Monday in Abuja, the NBS announced that the country’s GDP at current […]
Nigeria’s Super Falcons have secured their spot in the Women’s Africa Cup of Nations (WAFCON) final with a captivating 2-1 triumph over South Africa, courtesy of a 94th-minute winner by Michelle Alozie during Tuesday’s semifinal showdown in Casablanca. The match commenced with Nigeria exerting high pressure, inducing early errors and nearly capitalizing on a […]
The African Democratic Congress (ADC) has criticized the recent celebration of Nigeria’s rebased Gross Domestic Product (GDP), describing it as “economic cosmetics” that do not translate to improved living conditions for ordinary citizens. According to the party, the rebased GDP figures are a mere statistical exercise that fails to address the deep-rooted challenges plaguing the […]
The Nigerian Senate has approved President Bola Tinubu’s external borrowing plan totaling $21.5 billion for the 2025–2026 fiscal period, alongside a comprehensive financial package that includes a N757 billion bond issuance to clear outstanding pension arrears under the Contributory Pension Scheme (CPS). The upper legislative chamber also granted approval for additional loans of […]
The African Democratic Congress (ADC) has criticized the recent celebration of Nigeria’s rebased Gross Domestic Product (GDP), describing it as “economic cosmetics” that do not translate to improved living conditions for ordinary citizens. According to the party, the rebased GDP figures are a mere statistical exercise that fails to address the deep-rooted challenges plaguing […]
STATEHOUSE PRESS RELEASE PRESIDENT TINUBU SETS FIRST QUARTER 2026 TARGET FOR THE TAKE-OFF OF NATIONAL SINGLE WINDOW PROJECT President Bola Ahmed Tinubu has directed the National Single Window (NSW) Steering Committee to ensure the platform becomes fully operational by the first quarter of 2026. The directive was delivered during Tuesday’s fifth steering […]
In a rare astronomical occurrence, Earth will complete its full rotation today, July 22, in slightly less time than usual by just 1.34 milliseconds. Though imperceptible in daily life, the tiny shift marks one of the shortest days ever recorded and underscores a curious trend in Earth’s rotational behavior. Scientists have observed in recent […]
No fewer than 15 Palestinians, including four children, have died from starvation and malnutrition within the past 24 hours in the Gaza Strip, health authorities in the besieged enclave announced on Tuesday. The latest fatalities bring the total number of hunger-related deaths in Gaza to 101 since March, with 80 of the victims […]
Minister of the Federal Capital Territory and former Governor of Rivers State, Nyesom Wike, has publicly endorsed the remarks made by Edo State Governor Monday Okpebholo, which appeared to mock former Anambra Governor and Labour Party presidential candidate Peter Obi. During a state function in Benin City, captured live on TVC News, Wike said, “When […]
A tense scene unfolded at the gates of Nigeria’s National Assembly on Tuesday as suspended senator, Natasha Akpoti-Uduaghan, was denied entry into the legislative complex by security officials, despite a recent court ruling that questioned the legality of her suspension. Arriving in a black SUV accompanied by aides and supporters, Akpoti-Uduaghan, who represents Kogi Central, […]
