News

A financial expert, Prof. Uche Uwaleke has said the accretion of Foreign Exchange Reserves (NRER) at 23.11 billion dollars to Nigeria’s external reserves puts the Central Bank of Nigeria (CBN) in a stronger position to defend the value of the naira. “The CBN can leverage rising external reserves to intervene …

The Nigerian Navy’s Western Naval Command has reaffirmed its commitment to strengthening its partnership with SIFAX Group in ensuring the security of Nigeria’s coastal and maritime environment. During a courtesy visit to SIFAX Group’s management, the Flag Officer Commanding (FOC) of the Western Naval Command, Rear Admiral Michael Gregory Oamen, …

The National Drug Law Enforcement Agency (NDLEA) said it seized more than 10 million kilogrammes of various illicit drugs between 2021 and 2024, with 57,792 suspects arrested during the same period. The NDLEA Chairman, retired, Brig.-Gen. Buba Marwa disclosed this during the signing of the partnership agreement with the General …

SquirrelPR, Africa’s leading PR management software has announced the release of RANKED2025, its highly anticipated annual report that analyses the performance and influence of digital news platforms across Africa. The latest edition sheds light on the evolving consumption patterns, platform influence, and emerging trends in five key African media markets: …

The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According to a source at the World Bank who spoke to our correspondent under the condition of anonymity on Friday, the amount is being provided under the Finance …

The Lagos State Ministry of Waterfront Infrastructure Development has issued multiple stop work orders and contravention notices to developers found violating the state’s established waterfront setback regulations in the Lekki area. The Lagos State Ministry of Waterfront Infrastructure Development made this known in a statement it issued to newsmen on …

A Nigerian man identified as Tope Fausa has stirred conversations on social media after predicting that President Bola Ahmed Tinubu will win the 2027 presidential election. In a post shared on X (formerly Twitter), Fausa confidently dismissed the chances of opposition parties, declaring that Tinubu’s re-election is almost certain. In …

The Cross River State House of Assembly has approved an additional two-week leave for the State Governor, Bassey Otu following a formal request transmitted to the House by the governor. The decision to extend the leave was unanimously adopted during a plenary on Friday by members of the House, while …

The Director-General of the World Trade Organization, WTO, Dr. Ngozi Okonjo-Iweala, has said the recent tariffs announced by the United States of America, USA, will have substantial implications for global trade and economic growth prospects. Okonjo-Iweala who said this in a statement she issued on Thursday in reaction to recent …

Wisdom Kwati Smart City has unveiled plans to commence construction on its second large-scale residential project in Yola, Adamawa State. The new development, Brilliance Estate, aims to deliver over 15,000 affordable and sustainable smart homes by 2030, reinforcing the company’s commitment to reshaping Nigeria’s real estate sector. Travel guides Strategically …