Business Revenue Top Story

Tinubu administration pledges prudent revenue management amid illicit financial flow challenge

Mr. Zacch Adedeji, the Special Adviser to President Bola Tinubu on Revenue, affirmed the administration’s unwavering commitment to the prudent utilisation of the nation’s revenue and resources. Adedeji made this assertion during a hybrid sensitisation workshop in Abuja organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The workshop aimed to raise Read More…

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Football Sports Top Story Women's World Cup

FIFA Chief Urges Tangible Progress for Women’s Football Equality

FIFA President Gianni Infantino has expressed his belief that achieving equal pay between the Men’s and Women’s World Cups would serve as a mere “symbol” without the accomplishment of additional developmental goals for women’s football. In the upcoming final, England is set to face Spain with an elevated prize pool of $110 million, a significant Read More…

Business Economy Top Story

World Bank Applauds President Tinubu’s Reforms, Urges Swift Palliative Rollout

Shubham Chaudhuri, the World Bank Country Director for Nigeria, has praised President Bola Tinubu’s reform policies. Speaking at a symposium in Ibadan, Chaudhuri commended the policies while urging the prompt implementation of palliative measures to mitigate their impact on Nigerians. The symposium’s theme was “Economic Opportunity Pathways to Navigating Post-Reform Challenges in Nigeria,” which the Read More…

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Emergency Relief Nigeria Top Story

Nigeria allocates ₦180 billion to tackle food shortages amid reforms

In a concerted effort to alleviate the impacts of food shortages and hardships stemming from ongoing reforms, Nigeria has sanctioned a substantial sum of 180 billion naira ($235 million) for its 36 states. This financial injection is intended to enable the procurement of rice and maize, essential staples that have witnessed escalating prices due to Read More…

Government Nigeria Top Story

President Bola Tinubu Approves New Ministers and Assigns Portfolios

Tourism finally gets its own ministry New Ministers are approved, and portfolios are assigned by President Bola Tinubu. President Bola Tinubu announced today that he had given the nomination of new ministers and their respective ministries his blessing. The Special Advisor to the President on Media and Publicity, Mr. Ajuri Ngelale, shared this information with Read More…

City Transport Metro Top Story

Lagos State Advances Water Transport with Innovative E-Fleet System

The Lagos State Government is ushering in a new era of technology-driven water transportation through the introduction of the Lagos Ferry Services (LAGFERRY) Electronic Fleet (E-Fleet) Surveillance System. In a statement issued by Mr. Akeem Odusina, Director of the Public Affairs Unit of LAGFERRY, the move aligns with Governor Babajide Sanwo-Olu’s T.H.E.M.E.S.+ Agenda, a strategic Read More…

Bonds Business Top Story

Nigeria’s Dollar-denominated bonds slide amid fuel price concerns and Central Bank scrutiny

Nigeria’s international dollar-denominated bonds experienced a decline on Wednesday in response to remarks from the president’s spokesperson, who emphasised that petrol prices need not escalate further. The spokesperson attributed foreign exchange shortages to what he termed “gross mismanagement” at the central bank. Of note, bonds with extended maturity dates witnessed more pronounced drops. The 2051 Read More…

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Football Sports Top Story

Neymar Completes Move to Al-Hilal, Embarks on New Chapter

After a successful six-year stint with Paris St Germain, Neymar da Silva Santos Júnior, known as Neymar Júnior or mononymously as Neymar, has embarked on a fresh journey, signing a two-year contract with Saudi Arabia’s Al-Hilal. The Brazilian forward’s time with PSG yielded multiple domestic trophies but not the coveted Champions League title the club Read More…

Business Technology Top Story

20k Nigerian Women and Youth to Benefit from Google’s Digital Skills Training

In a significant commitment to empowering Nigerian women and youth, Google has unveiled plans to train 20,000 individuals in digital skills while also extending a substantial grant of 1.2 billion naira ($1.6 million) to support the government’s ambitious target of generating one million digital jobs across the country. This announcement was made by Google’s Africa Read More…

Business Forex Top Story

Dollar liquidity crises from CBN’s ‘gross mismanagement’ – FG spokesman

Nigeria finds itself grappling with a severe dollar liquidity crisis within its foreign exchange market, a predicament stemming from years of “gross mismanagement” at the central bank, as underscored by a statement from a presidential spokesperson on Tuesday. President Bola Tinubu’s tenure has ushered in an investigation into the operational practices of the central bank, Read More…