The Federal Government says the President Bola Tinubu-administration met a bad economy with inflation at 24 percent and an unacceptable high rate of unemployment. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, made this known while speaking with journalists at the end of the inaugural Federal Executive Council, FEC, meeting held …

The Peoples Democratic Party (PDP) on Monday accused the President Bola Tinubu-led All Progressives Congress (APC) government of being desperate for war when bad policies have reduced the life expectancy in the country. In a statement released by its spokesperson, Debo Ologunagba, the PDP blamed the alleged drop in life …

Executive Secretary of NCDMB, Simbi Wabote /Internet The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have signed an amendment to the Memorandum of Understanding (MoU) on the $50m NOGaPS Manufacturing Fund. The Fund was created by the NCDMB and domiciled with BoI to attract …

Ahmed Abubakar Audi, Commandant General of the NSCDC The Nigeria Security and Civil Defence Corps has commenced training for the newly created Safe Schools Special Response Squad (SSSRS). The Commandant-General of the NSCDC, Ahmed Abubakar Audi, who flagged-off the training said the new squad was introduced as part of efforts …

Iyanya Nigerian singer Iyanya has opened up about his harrowing ordeal with bankruptcy and a near-suicidal mental health crisis in 2020. The artiste, popularly known as Iyanya, disclosed that he faced dire financial difficulties, losing his residence and resorting to temporary stays in hotels. The distress deepened as he struggled to manage …

  Rep Afam Ogene, Chairman House Committee on Renewable Energy The House of Representatives Ad-hoc Committee to investigate Failure of Federal Mass Transit Schemes in Nigeria since 1999, has decried the serial mismanagement of humongous government investments in Urban Mass Transit Schemes to ameliorate transportation challenges, with resultant abysmal results. …

President Bola Tinubu has convened the inaugural Federal Executive Council (FEC) meeting of his administration at the State House in Abuja. The meeting comes 92 days after his official inauguration as Nigeria’s 16th president on May 29, 2023. The meeting is taking place on the heels of the recent swearing-in of …

Governor of Lagos state, Babajide Sanwo-Olu The Lagos State Environmental Sanitation Corps (LAGESC) has arraigned ten staff members of ‘Capital Oil’ situated along Lagos-Ibadan Expressway for obstructing the arrest of street traders According to LAGESC, the ten staff members attacked its operatives and destroyed branded operational vehicles of the agency. …

The Convener of Omniverse and founder of Storm 360, Obi Asika, has said that Nigeria is missing out on the multi-billion revenue from the creative industry because of the lack of infrastructure like Netflix and Amazon as well as world class venues. Asika also believes that the creative economy could …

Naira notes Some financial experts have advised that only accelerated productivity can strengthen the Naira. This is coming as Nigerians continue to decry the unending depreciation of the Naira in spite of monetary policy initiatives by the Central Bank of Nigeria (CBN) to strengthen the currency. The News Agency of …