President Bola Tinubu announced on Wednesday the swift reopening of Nigeria’s land and air borders with its neighboring Niger Republic. His Special Adviser on Media and Publicity, Ajuri Ngelale, conveyed the directive, which also included the immediate lifting of additional sanctions against the country. The statement, seemingly crafted to preserve […]
Economy
President Bola Tinubu is set to inaugurate the newly renamed Bola Ahmed Tinubu International Airport, Minna, along with an agro-processing zone and agricultural equipment on Monday. The renaming of the airport was announced by Governor Umar Bago of Niger State on Friday, marking a significant milestone in the region. Originally […]
Nigeria is on the brink of yet another fuel scarcity crisis as the Nigerian Association of Road Transport Owners (NARTO) has declared its intention to halt the transportation of petroleum products from Monday. The decision, announced by Yusuf Othman, the President of NARTO, emanates from the escalating operational costs experienced […]
In a statement released on Sunday, the Presidency dismissed former Vice-President Atiku Abubakar’s attempt to criticize the government’s foreign exchange policy, asserting that it had failed to gain traction. The Presidency highlighted that the Central Bank of Nigeria (CBN) is actively implementing measures to stabilize the Naira. Atiku Abubakar recently […]
To stem the tide of illegal oil theft and economic sabotage plaguing Nigeria, the Nigeria Police Force (NPF) has ramped up collaboration with private security contractors (PSCs) engaged by the Nigeria National Petroleum Company Limited (NNPCL), notably Tantita Security Services. This collaborative approach, which also involves the military and other […]
FBNQuest, the investment banking and asset management arm of FBN Holdings Plc, has released its latest Economic Outlook Report forecasting Nigeria’s Gross Domestic Product (GDP) to grow by 3.1% in 2024. The report, which offers insights into the macro economy, socio-political landscape and capital market trends, provides a comprehensive analysis […]
The Dangote Refinery, which is the Africa’s largest petroleum refinery, has taken a bold step towards profitability by announcing plans to export its first two fuel cargoes. The news came after much anticipation from Nigerians who have been eagerly waiting for the refinery’s contribution to the Nigeria’s economy since its […]
A gathering of Civil Society Organizations (CSOs) and media representatives took place in Lagos on Monday, February 5, 2024, in a concerted effort to confront the mounting challenges confronting the Economic Community of West African States (ECOWAS). Spearheaded by leading organizations such as the West African Civil Society Forum (WACSOF), […]
The management of TechLife Media & Communications is set to host the IDEA DINNER, bringing together Chief Executive Officers to engage in dialogue concerning the challenges within the telecommunications, IT, and the broader digital economy landscape. Ugochi Emmanuel, the Project Coordinator, announced in a statement that Engr Gbenga Adebayo, the […]
Residents of Kuro Village in Moro Local Government Area of Kwara State are celebrating a significant milestone as they bid farewell to over a century of struggling to fetch water from distant streams. The cause for their joy is a solar-powered borehole generously provided by the LG-Rhythms Foundation. The unveiling […]