The Central Bank of Nigeria (CBN) has posted a huge recovery in its foreign exchange reserves as its Net Foreign Exchange Reserve (NFER) reached $23.11 billion as of the close of 2024. This is the highest in over three years, showing a huge recovery in recent years. Nigeria’s foreign exchange reserves through the period […]
Embattled Senator Natasha Akpoti-Udiaghan braced all odds including a ban on public gatherings and a curfew in her place to visit her constituents where he told them of plot by Senate President, Godswill Akpabio to kill her. Natasha who arrived in helicopter and addressed a mammoth crowd who braced the curfew and ban of […]
The Nigeria Sovereign Investment Authority (NSIA), the institution responsible for managing the country’s Sovereign Wealth Fund (SWF), have revealed a surge in profits for the year, which reflects the growing strength of its financial portfolio. According to recent statistics, the NSIA saw its profits jump by 59% compared to the last fiscal year. Its […]
A study by the Institute of Policy and Strategic Studies (NIPSS), Kuru, near Jos says with the coming on stream of refineries in the country, premium motor spirit which is fuel will drop to N750 per liter before the end of the year. According to NIPSS, the downward trend in fuel prices is expected to […]
The Director General, of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Olawale Fasanya, has observed a shift in Nigeria’s political landscape, suggesting that having approximately 23 individuals over the age of 40 in political office was novel and commendable achievement. The DG attributed this development to the leadership of the President, […]
Suspended Rivers State Governor, Siminalayi Fubara, has urged residents to remain patient and peaceful amidst the ongoing crisis in the state. In a message to the people, the Governor acknowledged that the situation may be causing feelings of depression and uncertainty, but emphasized the importance of giving glory to God and staying strong. […]
Daring and defiant, Senator Natasha has arrived in her hometown in Ebira land, in spite of the ban on vehicular processions, public gathering, and enforcement of a curfew. The senator, daughter of the late Jimoh Abdul Akpoti, clarified that she could not be threatened or prevented from coming home, as she knows her […]
Otunba Emmanuel Fayose, a gubernatorial aspirant from the Peoples Democratic Party (PDP), is seeking the endorsement of Segun Oni, a former governor and influential political figure in Ekiti State, Nigeria. This move is aimed at securing a crucial advantage in the 2026 Ekiti State governorship election, which operates on a unique off-cycle schedule separate […]
It’s no secret that former President Olusegun Obasanjo has a history of criticizing major infrastructure projects in Nigeria, often with a tone of disdain and skepticism. Recently, his criticism of the Lagos-Calabar Coastal Highway has sparked a heated debate, with many accusing him of being motivated by jealousy and a desire to undermine the […]
to Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned that his administration would recover undeveloped plots of land in Abuja, whose owners have failed to pay their dues. Wike made the assertion while addressing a group of people, where he called on the landowners to pay their levies and develop their […]
