A recent report by Startup companies has revealed that funding constraints continue to plague African startups, with a new and alarming phenomenon emerging in 2024: of failed expansions into new product lines. The report, which analyzed startup shutdowns across the continent, found that while the number of shutdowns decreased from 18 in 2023 to 11 […]
STATE HOUSE PRESS RELEASE President Bola Tinubu has promised that the gunmen who killed many people in communities in Plateau State will be apprehended and face severe punishment under the law. The President extended his condolences to the families of the victims in Ruwi, Hurti, and Tadai communities in Bokkos Local Government and those from […]
The Nigerian Army has categorically denied claims made by the Taraba State Police Command that an Israeli national, Mr. Itamar, was under military escort when he was abducted on April 3. In a statement released on Saturday, the Army described the police’s assertion as “false and misleading”. The Army’s clarification came after […]
A Nigerian lady has taken to social media to share her painful experience of abuse and infidelity at the hands of her ex-husband. In a video posted on TikTok, she recounted how her life took a turn for the worse after she overheard a conversation between her husband and his mistress. According to […]
At a publicized ceremony at Oliveth Baptist High School in Oyo town, Abimbola Owoade was officially coronated as the 46th Alaafin of Oyo after the passing away of the late Oba Lamidi Adeyemi on April 22, 2022, aged 83 years. The coronation ceremony, which is ongoing, has been attended by dignitaries across the […]
The Nigerian Stock Exchange Limited (NGX) saw a significant decline in activity this week, with investors trading 1.183 billion shares valued at N28.868 billion across 42,397 transactions – a dramatic drop from the 7.521 billion shares worth N398.949 billion traded the previous week. This represents a staggering 1282% decrease in transaction value, equating to […]
Cross River State Governor Bassey Otu has officially returned to work two weeks before the expiration of his leave extension recently approved by the State House of Assembly. According to a statement released Friday by his Chief Press Secretary, Nsa Gill, Governor Otu resumed duties after a three-week vacation that began on March 11, […]
Bayo Ojulari has officially taken over as Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd) from Mele Kyari. The handover ceremony was held today at NNPC Towers in Abuja which marks the end of an era for Kyari and a beginning for Ojulari. The formal transfer of […]
The coronation of Oba Abimbola Owoade as the new Alaafin of Oyo has commenced at Olivet Heights Baptist School, Oyo, with Oyo State Governor, Seyi Makinde, and the monarch arriving at the venue amidst heavy security, drumming, and gunshots into the air by local hunters. The event, which is being attended by dignitaries from […]
The decision of US President Donald Trump to impose a 14% tariff on Nigerian exports has triggered a heated debate on the best manner in which Nigeria can react to the move. World Trade Organization (WTO) Director-General, Ngozi Okonjo-Iweala, and frontline All Progressives Congress (APC) Senator, Shehu Sani, have shared divergent views on […]
