Nigeria made a remarkable entry into the global fencing scene this past weekend, thanks to the impressive performance of 16-year-old Inkosi Brou. Inkosi secured Nigeria’s first-ever medal in the Sabre category at the World Tournoi Satellite Cup in Iceland. Competing against some of the world’s ...

By Adewale Sanyaolu Minister of State for Petroleum Resources, Mr. Heineken Lokpobiri, has raised the alarm over Nigeria’s declining oil production levels, calling for a strategic interventions to turn things around. He articulated his concerns during a meeting with a delegation from the ...

The Lagos Chamber of Commerce and Industry (LCCI) has reaffirmed its commitment to bolstering partnerships with the international business community, aiming to collaborate with investors who share the vision of a thriving and inclusive economy. This pledge was made by LCCI President Gabriel ...

From Abel Leonard, Lafia Prominent youth leader and former state legislator Hon. Kassim Muhammed Kassim, has revealed that billions of naira intended for 1000 youths per local government area across the country under the Special Public Works Empowerment Programme (SPWEP) of former President ...

By Chinwendu Obienyi Nigeria’s Fast-Moving Consumer Goods (FMCG) sector is grappling with a substantial decline in transaction volumes, as revealed by the latest NielsenIQ report. The economic strain caused by escalating inflation has resulted in a notable 17.4% drop in transaction volumes as ...

By Chinelo Obogo, During a recent meeting with the National Association of Nigerian Travel Agents (NANTA), the Director General of the Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo, said that a substantial decline in operational aircraft is one of the major reasons why domestic ...

By Uche Usim In a decisive effort to ease the strain on Nigeria’s foreign exchange market and enhance transparency in pricing, the Central Bank of Nigeria (CBN) has conducted a Retail Dutch Auction System (rDAS) sale. The auction saw $876.26 million sold at an exchange rate of N1,495 per dollar ...

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has detailed the federal government’s ambitious plan to rejuvenate the economy while prioritising the welfare of its citizens. Edun, at a recent television interview, underscored the government’s commitment to food ...

By Christian Agadibe Nollywood movie, Nnewi the land of Gold, produced by Chinwe Eboh has received 14 nominations for the 2024 Toronto Film Festival to be held in Canada. film The nomination was as a result of the hard work and persistence of the actor and screenwriter, whose journey into the ...

By Chinwendu Obienyi The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) faces a pivotal decision regarding the monetary policy rate (MPR), which financial markets and other economic players eagerly await today. The decision comes at a time the country is grappling with ...

From Ndubuisi Orji, Abuja The House of Representatives has donated N100 million to the Nigeria contingent to 2024 Olympic Games, holding in Paris, and called  on public spirited individual to support sports development in the country.  The speaker, Tajudeen Abbas, announced the ...

By Steve Agbota and Henry Uche The Tincan Island Port Command of the Nigeria Customs Service (NCS) has announced a revenue generation of N575.5 billion. This is an improvement by N315 billion and a 221.13% increase from the FY 2023 First Half revenue collection of N260.2 billion. The ...