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Former President Olusegun Obasanjo has voiced concerns about Nigeria’s stagnation in growth and development, stating that the country has not progressed as it should. Speaking at the 8th Brigadier General Michael Agu (rtd) annual lecture and awards event at the Obasanjo Space Centre in Abuja, he criticized the poor implementation of policies. Obasanjo noted that … Read more
On the evening of Monday, October 21, the Nigerian Naira strengthened in the parallel market, rising to N1,715 per dollar from N1,725 over the previous weekend. However, it weakened in the Nigerian Autonomous Foreign Exchange Market (NAFEM), dropping to N1,603.16 per dollar. FMDQ data showed that the indicative exchange rate for NAFEM fell to N1,603.16 … Read more
A video circulating on social media shows Nigerians lining up to receive Bibles and loaves of bread from a Caucasian missionary in the Ajao Estate area of Lagos state. The footage captures both Nigerian men and women queuing to collect the items. The person recording the video commented on the situation, noting that it highlights … Read more
The Federal government has announced plans to provide cash transfers to 20 million impoverished Nigerians to alleviate widespread hardship. Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, revealed on October 15 that the significant rise in national revenue for the 2024 fiscal year will be directed toward social intervention programs targeting … Read more
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has called on Nigerians to pay their taxes, stressing that the government needs funds to deliver social services to the public. Wike made this appeal on Wednesday in Abuja during the inaugural Abuja Business and Investment Summit, organized by the Abuja Investment Company Limited. The … Read more
The Namibian government has sought help from Nigeria’s Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) to combat corruption within its borders. Recognizing Nigeria’s leadership in Africa’s anti-corruption efforts, Namibia aims to learn from the country’s successes. According to a statement released on October 12, the … Read more
The National Youth Leader of the ruling APC party assured Nigerians that better days are ahead. He conveyed this message on his X account earlier this afternoon, just a day after the petrol pump price increase.
The Nigerian federal government has officially commenced selling crude oil and refined petroleum products in naira, marking a significant shift in the country’s energy market. On Saturday, October 6, Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, revealed that sales began on October 1, 2024, following a directive from the Federal … Read more
President Bola Tinubu expressed confidence that Nigerians will eventually appreciate the difficult policies and decisions his administration is currently implementing. Speaking at the South-West Assembly of the All Progressives Congress (APC) held at Eko Hotels and Suites in Lagos on Saturday, October 5, Tinubu, represented by his Chief of Staff, Femi Gbajabiamila, acknowledged that his … Read more
Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, has reaffirmed the president’s strong commitment to the Nigerian people. During the 2024 All Progressives Congress (APC) South-West Assembly held at Eko Hotel in Lagos on Saturday, October 5, Gbajabiamila emphasized, “One thing we know about Mr. President is his love for the masses. Whenever policies … Read more