The Concerned Citizens (CC) and the Concerned Peoples Democratic Party League (CPDPL) has called on Mele Kyari, Group Managing Director (GMD) of the Nigeria National Petroleum Cooperation (NNPC), Yusuf Usman, Chief Operating Officer (COO) in charge of Gas and Power, Tombomieye Adokiye, Chief Operating Officer (COO) in charge of Upstream, MustaphaContinue Reading
Sky News analysis of new data shows that it is becoming increasingly difficult to buy a home, especially for people in the parts of the country on the lowest incomes. Rents are also rising, albeit at a more moderate pace, with the exception of London where prices are actually falling.Continue Reading
Nigeria defeated Guinea Bissau 2-0 in their Group D encounter at the Africa Cup of Nations on Wednesday in Garoua, Cameroon. Sadiq Umar scored in the 56th minute with an assist from Kelechi Iheanacho to put Nigeria ahead. after a sensational dribble by Moses Simon. Winning today’s game, Nigeria isContinue Reading
Obinwanne Okeke, popularly known as Invictus Obi, will be released in September 2028. The Nigerian entrepreneur and a Forbes Africa 30 under-30 honoree was sentenced to a 10-year jail term in the U.S. A statement by the United States Federal Bureau of Prisons on its website revealed that Obi isContinue Reading
AYRA Starr, the 19-year-old songstress on Don Jazzy’s Mavins record has gotten the attention of one of the leading global streaming platforms, Spotify. The streaming platform has announced its decision to celebrate Ayra Starr through the Spotify Equal music programme as the Equal Africa Artist of the Month. This announcementContinue Reading
Facebook CEO Mark Zuckerberg announced the social media giant will change the name of its holding company to Meta, in a rebrand that comes as the company faces a series of public relations crises. Zuckerberg revealed the new name at Facebook’s annual AR/VR conference on Thursday, where he outlined the company’s virtual-realityContinue Reading
Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), says Nigeria’s trade cost is too high and needs to be cut down to facilitate local and international investment. Okonjo-Iweala stated this via a video link on the second day of the midterm ministerial performance review at the presidential villa, Abuja.Continue Reading
Uche Uwaleke, a professor and financial expert, says the devaluation of the naira will worsen poverty and unemployment in Nigeria. Uwaleke made the comment in reaction to Vice President Yemi Osinbajo’s call on the Central Bank of Nigeria (CBN) to allow the naira reflect the realities of the market. On Monday, atContinue Reading
President Muhammadu Buhari says the country’s debt profile is rising because the federal government had to spend its way out of recessions. Since Buhari assumed power in 2015, Nigeria’s economy has slipped into recession twice. The Debt Management Office (DMO) said Nigeria’s total public debt (federal and state governments) climbed to N35.46Continue Reading
As Nigeria continues to grapple with revenue shortfall and has gone borrowing to finance its huge budget deficit with debt service gulping as much as 98 per cent of its revenue, it has been revealed that 77 oil and gas companies operating in Nigeria are indebted to the country toContinue Reading
