The recent attack on Gaza by Israeli forces has met widespread condemnation from African countries. Moussa Mahamat, chairperson of the African Union Commission strongly condemned the air strike which has left 30 Palestinian civilians including 6 childr…
Budget: Put executive, legislature on their toes, experts task journalists in Kogi
Journalists all over the country have been urged to monitor budgetary allocation through in-depth reportage beginning from the stages of proposal, preparation, and approval to implementation. The call was made at a two-day workshop in Lokoja tagged ‘Ge…
Governors support disengagement of 12,000 federal workers to save N450bn
About 11,926 federal government’s workers may soon say goodbye to the federal service should the Nigerian federal government go ahead to implement one of the recommendations made by the 36 governors of the federation as published recently by the Premiu…
Explainer on Economics of black market
The naira, Nigeria’s currency has persistently depreciated at the parallel market popularly called black market or ‘Aboki’, falling to as low as average of N654 per dollar on Friday, July 22, 2022 following increased demand due to supply shortage on th…
Only 24.4% of eligible Nigerians vaccinated so far- FG
The federal government on Monday said the present record of only 24.4% of the total eligible population fully vaccinated Nigerians as of August 3, 2022, leaves much to be desired. Boss Mustapha, secretary to the government of the federation, stated thi…
Nigerians share experiences as inflation bites harder
Over 70 percent of Nigerians are struggling financially to survive amid surging prices and dwindling income. Inflation in Africa’s biggest economy hit 18.6 percent in June this year, the highest in five years, amid an increase in prices of staple foods…
ExxonMobil-Seplat deal – A timeline of events
President Muhammadu Buhari, on Monday, consented to the acquisition of the shares of ExxonMobil’s Nigerian unit by Seplat Energy. ExxonMobil had entered into a landmark Sale and Purchase Agreement with Seplat Energy to acquire the entire share capital …
Buga singer Kizz Daniel arrested in Tanzania
Nigerian singer Oluwatobiloba Daniel Anidugbe, popularly known as Kizz Daniel, has been arrested in Tanzania for failure to perform at the Summer Amplified concert slate for Sunday where he was paid as the headliner of the show. A video surfaced on soc…
NIRSAL MFB unveils new products for MSMEs, salary earners
Nirsal Microfinance Bank Limited (NIRSAL MFB) has launched two new products named salary advance and SME loan, to make access to look easier for businesses and salary earners. The Bank said the new products are part of its on-balance sheet mending port…
Nigeria’s strength should now be in non-oil export –Temidayo
Nigeria’s strength should be in non-oil export, so declared the former Coordinator of the University of Port Harcourt Business School, Eniola Yemi Temidayo. Temidayo of the Entrepreneurship & Management Department of the UNIPORT and an Innovation and E…