Ahead of Nigeria’s pivotal away encounter against Zimbabwe on Sunday, the spotlight shines on Senegal’s Sadio Mane, who marked his 100th cap in sensational style, notching two goals as Senegal commenced their World Cup qualifying campaign with an emphatic 4-0 home triumph over South Sudan. Mane, a two-time African Footballer of the Year, orchestrated a Read More…
Tag: Nigeria
MTN MoMo collaborates with NASME to launch mobile money platform for SMEs
The Nigeria Association of Small and Medium Enterprises (NASME), in conjunction with MTN MoMo, has introduced a mobile money platform aimed at empowering startups and small and medium enterprises (SMEs) to expand their businesses. Announced at the MTN MoMo and NASME Symposium and Exhibition in Lagos, the initiative signifies a concerted effort to bolster the Read More…
Estonian slackliner wows Lagosians with daring 66m rope walk
Lagosians were treated to a stunning display as 31-year-old Estonian, Jaan Roose, showcased his remarkable slacklining skills on a suspended 66m (217 ft) rope, spanning 350 metres between Sterling Towers and the Onome rig, Marina, Lagos. Sponsored by Red Bull, Roose’s mesmerising performance captivated Lagos residents, drawing attention to the art of slacklining—walking on a Read More…
Nigeria cannot rely solely on borrowing for 2024 budget – Finance Minister
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasised on Thursday that Nigeria shouldn’t solely depend on borrowing to finance the 2024 budget. Edun shared this stance during his appearance before the joint Senate Committee on the 2024–2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) in Abuja. Highlighting Read More…
NFVCB vows to regulate OTT streaming services in Nigeria
The National Film And Video Censors Board (NFVCB) pledged on Thursday to enforce strict measures against Over-The-Top (OTT) streaming services found to be violating Nigerian digital content regulations. Alh. Adedayo Thomas, NFVCB’s Executive Director, delivered this stance at the conclusion of the third edition of the NFVCB’s Digital Content Regulation Conference in Lagos. The conference, Read More…
Nigeria withdraws $1.1 billion civil claims against Eni over oilfield deal
On Thursday, Bloomberg News reported Nigeria’s decision to retract civil claims amounting to $1.1 billion against Italian energy giant Eni regarding alleged corruption linked to an oilfield deal. The country’s justice ministry intends to unconditionally waive these claims before Italy’s highest court by November 17, as revealed in a letter regarding the OPL 245 field, Read More…
Nigeria opens World Cup qualification campaign with disappointing draw against Lesotho
In a much-anticipated Group C Match Day 1 fixture for the 2026 FIFA World Cup qualifications, Nigeria stumbled to a 1-1 draw against Lesotho, marking a lacklustre start to their campaign. The game, held at the Godswill Akpabio International Stadium in Uyo, witnessed the Super Eagles struggling to dominate their opponents, despite the anticipation of Read More…
CIoD calls for strong corporate governance to fuel economic diversification
The Chartered Institute of Directors (CIoD) emphasised the pivotal role of good corporate governance in unlocking the potential of sectors like agriculture, solid minerals, and the blue economy to diversify Nigeria’s economic landscape. During a press briefing in Lagos, Alhaji Tijjani Borodo, President of CIoD, highlighted the upcoming 2023 Annual Directors’ Conference (ADC) at Transcorp Read More…
Afreximbank and UBA ink $150m trade finance deal amid Ukraine crisis
Amidst the unfolding Ukraine crisis, the African Export-Import Bank (Afreximbank) sealed a significant trade finance agreement worth $150 million with United Bank for Africa (UBA) PLC. This strategic pact falls under the Ukraine Crisis Adjustment Trade Financing Programme for Africa, aiming to bolster businesses in Nigeria amidst the crisis fallout. The agreement, formalised at the Read More…
NNPC restores 275,000 BPD production following resolution of industrial action
In a recent development, Nigeria’s state oil firm NNPC Ltd announced on Sunday that it successfully restored 275,000 barrels per day (bpd) of oil production at its joint venture unit with Total Energies after resolving an industrial action by workers. According to NNPC’s statement, “The unions have agreed to suspend ongoing industrial action leading to Read More…