Looking at a quarter-on-quarter perspective of Nigeria’s growth, the real GDP dropped by 0.17% in Q2 2023, signaling reduced economic activity levels compared to the previous quarter.
During a meeting with U.S. Presidential Envoy and Assistant Secretary of State for African Affairs, Ambassador Molly Phee, at the presidential villa in Abuja, Tinubu asserted that the internal crisis in Niger would not hinder his determined pursuit of successful economic reforms for the betterment of Nigerians. He asserted his independence from external influences and outlined his approach to addressing the regional standoff within the framework of the Economic Community of West African States (ECOWAS).
Africa’s most populous nation, flaunting its vast resources like gems in a treasure trove, while the market of consumers sways to the rhythm of progress. A mesmerizing tango, but one move stands out: the oil sector waltz. It’s the showstopper, a dazzling display that has historically showered Nigeria with riches. Yet, this captivating dance partner is fickle, swaying and stumbling to the global oil price rhythm, like a dancer on ice, prone to slips and slides.
From the moment Nyesom Wike stormed onto the scene as the head honcho of the Ministry of FCT (Federal Capital Territory), he didn’t just enter – he arrived with the flair of a swag-infused tornado. Picture this: Wike, armed with determination and enough accountability vibes to make an auditor blush, declared war on unaccountability from every nook and cranny of Abuja.
President Tinubu‘s recent allocation of portfolios to 45 newly appointed ministers has been met with a collective sigh of relief from Nigerians, the business community, and international partners. The delay in nominations to the Senate had stalled the administration’s progress, but with these appointments, the President has signaled the commencement of his governance. Now, both…
Operatives of the National Drug Law Enforcement Agency (NDLEA) have successfully intercepted an enormous consignment of opioids and cannabis, valued at a staggering N14.9 billion. This operation took place at the Tincan port complex in Lagos, where a total of 25 million pills of tapentadol, an opioid three times stronger than tramadol, were discovered alongside…
Seyi Tinubu, the son of Nigeria’s President Bola Ahmed Tinubu, made a significant visit to Maiduguri, the capital of Borno State, on a humanitarian mission. His visit aimed at providing relief to the victims of recent devastating floods that have ravaged parts of the region, leaving many families displaced and communities in distress. Seyi Tinubu’s…
The Peoples Democratic Party (PDP) governorship candidate, Asue Ighodalo, staged a protest at the Independent National Electoral Commission (INEC) headquarters in Benin City, Edo State. The protest comes amid rising tensions leading up to the 2024 gubernatorial election. Ighodalo, a prominent lawyer and business leader, alleged that the electoral process is being undermined by INEC…
Dr. Anugbum Onuoha, the Resident Electoral Commissioner of Edo State, has officially announced that the collation of results for the Edo governorship election will begin today, Sunday, September 22, 2024, at 10 a.m. In a statement released by the Independent National Electoral Commission (INEC), Dr. Anugbum Onuoha addressed political stakeholders, observers, and the general public…
Sophia Momodu, a well-known Nigerian influencer and mother to singer Davido’s daughter, recently found herself in hot water over a property-related controversy. The drama began when Momodu posted photos on social media flaunting what appeared to be a luxury property. Her caption implied that the high-end real estate belonged to her, sparking a wave of…
