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NNPC Begins Repayment Of $6 Billion Debt To Suppliers

Finance Minister Wale Edun has announced commencement of NNPC's $6bn debt repayment to suppliers, addressing financial concerns

1 month ago

IMF: Naira Stabilises Amid Interest Rate Hikes,Forex Backlog Clearance

IMF has credited Central Bank's actions for stabilising naira, addressing inflation and foreign exchange issues

1 month ago

Nigerian Lawyer Ogunye Defends States’ Right to Approach Supreme Court on Constitutional Matters

“The Assumption That States Going To the Supreme Court, Want To Distort Anti-Corruption Efforts Is Not Correct” said Nigerian Lawyer…

1 month ago

Russia’s Black Sea Attacks Delay Aid to Palestinians, Disrupt Global Grain Supply, Says UK Prime Minister

Russian strikes on Ukraine's Black Sea ports have delayed Palestinian aid and global grain supplies, sparking widespread food security concerns.

1 month ago

Government, Entrepreneurs Should Come Together To Deliver Solutions To Build The Economy, Infrastructure, Says Iyinoluwa Aboyeji

Iyinoluwa Aboyeji has called for entrepreneurs to lead innovation, economic growth through stronger engagement with the government

1 month ago

IMF Urges Poland To Cut Spending To Pave Way For Interest-Rate Cuts As Budget Deficits Exceed 5%

The IMF has advised Poland’s central bank to maintain a tight monetary policy throughout 2025, citing substantial inflation risks.

1 month ago

General Motors To Invest $625m In Lithium Americas To Boost US EV Production

General Motors is set to invest $625m in Lithium Americas’ Thacker Pass project, boosting EV production,reducing reliance on China.

1 month ago

A House Divided Against Itself Can Never Stand, Bode George Warns PDP

Bode George says for the PDP to thrive, its members must prioritise the party's future over their personal ambitions

1 month ago

Adelabu: Nigeria To Receive 1.3m Power Meters By Q2 2025

Power Minister Adelabu said Nigeria will receive 1.3M electricity meters by Q2 2025, addressing metering gap and promoting transparency in…

1 month ago

Meta To Face Lawsuits Over Alleged Role In Teen Mental Health Crisis, Judge Rules

A federal judge ruled Meta must face lawsuits accusing it of contributing to teenage mental health issues through addictive platforms.

1 month ago

Three US Academics Awarded 2024 Nobel Prize In Economics For Institutional Research

The Sveriges Riksbank Prize in Economic Sciences, the last Nobel Prize awarded this year, is valued at 11 million Swedish…

1 month ago

Oshoma on Judiciary: Anything Politicians Touch, There’s Bound To Be Decay, Rot

Liborous Oshoma has criticised Nigeria's judiciary for political interference and inconsistent rulings, calling for urgent reforms.

2 months ago

In Historic Move, Nigeria Begins Crude Oil Sale in Naira To Dangote Refinery

Finance Minister Wale Edun has confirmed that the federal government's Naira-for-crude deal with Dangote Refinery commenced October 1, 2024.

2 months ago

US East Coast, Gulf Coast Ports Reopen After Dockworkers’ Strike Ends With Landmark Wage Deal

Dockworkers' strike resolution brings relief to US economy, but cargo backlog of 54 queued ships remains to be cleared.

2 months ago

Ade Adefeko: Nigeria Has One of the Lowest Agricultural Mechanisation Rates in Africa

Ade Adefeko says food is available in Nigeria but not affordable and blamed high costs on cyclical production and harvest.

2 months ago

EU Probes YouTube, Snapchat, TikTok Algorithms Over Harmful Content

EU Commission is investigating YouTube, Snapchat, TikTok algorithms for amplifying systemic risks, and seeks transparency on content recommendation systems.

2 months ago

Nike Withdraws Revenue Forecast Amid Leadership Change, Sales Decline

Nike's quarterly sales growth has dropped 10.4% to $11.59 billion, amid increased competition and leadership transition challenges.

2 months ago

New York City Mayor Eric Adams Arraigned On Corruption Charges

Embattled NYC Mayor Eric Adams faces five-count indictment, including conspiracy, wire fraud, and bribery charges, amid claims of innocence.

2 months ago

Bobrisky: Prisons Provide Protective Custody For Some Inmates To Prevent Harm, Says Bishop Williams

Bishop Kayode Williams emphasises that some inmates need specific accommodation to ensure their safety and avoid conflicts in Nigerian prisons.

2 months ago

Kudirat Kekere-Ekun Confirmed As Chief Justice Of Nigeria

Kekere-Ekun has pledged to digitise courts, utilise virtual hearings and alternative dispute resolution to enhance efficiency and decongest Nigeria's judiciary.

2 months ago