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Thursday, November 28, 2024

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GANDUJE URGES ONDO RESIDENTS TO SUPPORT GOVERNOR AIYEDATIWA’S RE-ELECTION BID

The National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, has called on the people of Ondo State to support Governor Lucky Aiyedatiwa...

INCONSISTENT POLICIES HINDER NIGERIA’S INDUSTRIALISATION DRIVE, EXPERTS SAY

Inconsistent policies and poor implementation are significant obstacles to Nigeria’s industrialization efforts, making investment planning challenging for manufacturers. This observation was made by the...

IMF REPORT REVEALS GLOBAL MANUFACTURING SHIFT TOWARD EMERGING MARKETS

In its latest World Economic Outlook, the International Monetary Fund (IMF) has highlighted a major shift in global manufacturing from advanced economies to emerging...

NEW ART VOICE ADETOLA ODUNLAMI TO LAUNCH DEBUT EXHIBITION ‘SOUGH’ IN LAGOS

The Nigerian art scene is thriving, with emerging talents making waves. One such standout is Adetola Odunlami, a self-taught artist preparing for his first...

NAIRA WIPES OUT 8-MONTH GAINS AS PARALLEL MARKET RATE HITS N1,740/$1; CBN MAINTAINS STABLE NAFEM RATE AT N1,600

The Naira is facing a significant depreciation trend, closing at N1,740/$1 in the parallel market over the weekend, which indicates a reversal of the...

POLICE ARREST MAID WHO ALLEGEDLY STOLE $60,000 JEWELRY IN LAGOS AFTER WORKING LESS THAN 24 HOURS

Police in Lagos have arrested a 33-year-old woman, Ms. Alice Udey, accused of stealing over $60,000 worth of jewelry from her employer just hours...

Obasanjo Calls for Wealthy Nigerians to Support the Less Privileged

Former President Olusegun Obasanjo has urged wealthy Nigerians to play a crucial role in alleviating the economic hardships faced by the less privileged in...

IMF Highlights Global Economic Challenges and Impact of High Prices on Families

The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, addressed key economic challenges at the 2024 Global Policy Agenda briefing, part...

ACTN TO ADDRESS INFLATION AND INTEREST RATE UNCERTAINTY AT 2024 TREASURY360 CONFERENCE IN LAGOS

The Association of Corporate Treasurers of Nigeria (ACTN) is set to host its 2024 Treasury360 Conference & Exhibition, focusing on inflation and interest rate...

MINISTRY OF LABOUR SUMMONS PASAN LEADERSHIP OVER ALLEGED N3 BILLION FRAUD IN NATIONAL ASSEMBLY CHAPTER

Following allegations of N3 billion fraud against the National Assembly chapter leadership of the Parliamentary Staff Association of Nigeria (PASAN), the Federal Ministry of...

IFC AND CBN PARTNER TO BOOST LOCAL CURRENCY FINANCING FOR NIGERIAN BUSINESSES

The International Finance Corporation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to...

NIGERIAN SUGAR MASTER PLAN BACK ON TRACK AFTER 12 YEARS

There are indications that the Nigerian Sugar Master Plan (NSMP) has been revitalized after approximately 12 years of underperformance since its establishment. The NSMP,...

SENATE CHARGES NDIC TO MAXIMIZE VALUE FROM HERITAGE BANK ASSETS

The Senate has directed the Nigeria Deposit Insurance Corporation (NDIC) to maximize value from the remaining assets of the defunct Heritage Bank. This charge...

FOOLED BY LUCK: A CAUTIONARY TALE ON NIGERIA’S ECONOMIC STATE

“He is a fool who trusts to luck; one should play a safe game.” — Leo Tolstoy, VANGUARD BOOK OF QUOTATIONS. “Fools rush in where...

NIGERIA’S HALT ON SHELL ASSET SALE RAISES CONCERNS AMONG FOREIGN INVESTORS

Nigeria's decision to halt Shell's $2.4 billion onshore asset sale to Renaissance Group has drawn concern from foreign investors, as noted by Reuters. This...

NIGERIA’S NEW TAX BILLS: ADDRESSING MULTIPLE TAXATION AND BOOSTING ECONOMIC RELIEF

President Bola Tinubu recently transmitted four bills aimed at overhauling Nigeria’s tax system to the National Assembly, sparking discussions on the potential impacts on...

NIGERIAN YOUTH COALITION DEMANDS IMMEDIATE DISMISSAL OF IGP EGBETOKUN OVER ALLEGED POLICE BRUTALITY

A coalition of Nigerian youth, student, and civil society organizations is calling for the immediate dismissal of Inspector-General of Police (IGP) Kayode Egbetokun, citing...

YOUTH AND CIVIL SOCIETY COALITION DEMANDS IMMEDIATE REMOVAL OF INSPECTOR-GENERAL OF POLICE

A coalition of Nigerian youth, student, and civil society organizations has demanded the immediate dismissal of Inspector-General of Police (IGP) Kayode Egbetokun, citing alleged...

NIWA TO PHASE OUT WOODEN BOATS ON NIGERIA’S INLAND WATERWAYS

The National Inland Waterways Authority (NIWA) has announced plans to phase out wooden boats to enhance waterway safety in Nigeria. During an interactive session...

MOVING FROM ‘CHANGE’ TO ‘RENEWED HOPE’ IS EXPENSIVE

Moving from a "Change" agenda to a "Renewed Hope" vision can indeed be costly, both in terms of finances and resources. These transitions often...

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