In response to the escalating crisis of inflation and hunger in Nigeria, Ukraine has stepped up with a donation of 25,000 tonnes of wheat to the Nigerian government.
The donated wheat serves as emergency food assistance to assist 1.3 million … Continue Reading
The naira has registered a sharp move against the dollar in the exchange market. The naira to dollar rate has been in fluctuation since the beginning of 2024.
Today, February 25, 2024, it is exchanging 1 US Dollar for 1,500.349 … Continue Reading
The Federal Government has announced securing investment commitments totaling $30 billion from foreign investors within a span of eight months.
This revelation came from the Minister of Industry, Trade, and Investment, … Continue Reading
In response to recent allegation made by Alhaji Atiku Abubakar, President Bola Ahmed Tinubu’s administration issued a statement refuting the claims.
Atiku had alleged that President Tinubu was indifferent to pressing security and economic challenges.
Atiku Abubakar made the allegations … Continue Reading
In a significant stride towards realizing the $25 billion Nigeria-Morocco gas pipeline project, the Federal Government has heightened discussions with the Kingdom of Morocco.
The talks, held on Wednesday, brought together the Minister of State for Petroleum Resources (Gas), Ekperikpe … Continue Reading
Zoe Yujnovich, Shell’s Integrated Gas and Upstream Director, confirmed the deal’s significance … Continue Reading
The Postmortem Sub-Committee of the Federal Account Allocation Committee (FAAC) has recommended that the Federal Government refund the approximately N228 billion loan taken from the non-oil excess revenue account to finance the 2023 general elections.
This recommendation follows a detailed … Continue Reading
The Nigerian federal government has disclosed a staggering capital shortfall of N2 trillion ($2.5 billion) in the electricity sector, emphasizing the crucial need for revitalization to ensure a consistent and reliable power supply across the nation.
President Bola Tinubu has recently made significant appointments within the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA), both falling under the Federal Ministry of Marine and Blue Economy.
The appointments reflect a strategic move … Continue Reading
In a move echoing the recent suspension of accreditation for degree certificates from Benin Republic and Togo, the Federal Government of Nigeria has announced plans to extend this sanctions to additional countries, including Uganda, Kenya and Niger Republic.
Nigeria’s education … Continue Reading