Ramnin Toloui, Assistant Secretary for U.S. Economic and Business Affairs, has predicted that Nigeria’s creative industries could generate $100 billion in revenue by 2030. Speaking at the Africa Creative Market Conference in Lagos, Toloui also suggested that the industry, if properly harnessed, could create up to 2.7 million jobs by 2050. The conference, focused on Read More…
Chandramouli Kern, the Consul General of India in Lagos, has highlighted the significant role of Indian investors in Nigeria, noting that they have emerged as the leading investors in the country with over a cumulative investment of $27 million and a presence of no fewer than 200 Indian companies. He made these remarks while inaugurating Read More…
To bolster bilateral relations, France has pledged to return $150 million of the late Gen. Sani Abacha’s frozen assets to Nigeria. The commitment, announced in Abuja, is a response to a request from the Nigerian Ministry of Justice. France’s Minister for Europe and Foreign Affairs, Ms. Catherine Colonna, stated that the returned funds would be Read More…
In a thrilling encounter held in Abuja on Tuesday, the Super Falcons showcased their prowess as they outperformed Ethiopia with a 4-0 victory, securing a 5-1 aggregate score. This victory propels them to the third round of the African qualifiers for the upcoming Women’s Olympic Football Tournament. The match played out at the Moshood Abiola Read More…
In response to the persistent and global ransomware threat, including that from Nigeria, the White House is swiftly working to finalise a new policy, expected to be revealed as early as Tuesday, that will outline governmental responses to ransomware attacks. This policy will prioritise the sharing of critical information about attackers and the accounts used Read More…
Nigeria is embarking on a comprehensive tax reform initiative aimed at streamlining its complex tax landscape. The objective is to reduce the number of taxes imposed by federal and state governments from over 60 to fewer than 10, in a bid to facilitate business operations and enhance revenue generation. Nigeria, Africa’s largest economy, currently grapples Read More…
Mr. Zac Dominguez, an instructor based in the United States, has expressed his satisfaction with the Nigerian Wrestling Federation’s initiative to host a level three Olympic technical course for coaches and referees in Nigeria, in collaboration with the Nigerian Olympic Committee (NOC). Dominguez shared his views with the press late on Wednesday in Yenagoa, the Read More…
The Federal Government of Nigeria has put forth a proposed budget of N26.01 trillion for the year 2024. This budget is predicated on an oil price benchmark of $73.96 and an interest rate of 21 per cent. At the conclusion of the Federal Executive Council (FEC) meeting on Monday in Abuja, Minister of Budget and Read More…
In a thrilling encounter at the Estadio Municipal de Portimao, Portugal, the Super Eagles found themselves locked in a 2-2 draw with the Green Falcons of Saudi Arabia. The game was marked by a series of missed opportunities, with both teams ultimately unable to break the deadlock. Despite early chances by Victor Osimhen, Ademola Lookman, Read More…
In a collective stance against capital punishment, France, Australia, and the international non-governmental organisation Avocats Sans Frontieres (ASF) France renewed their resolute opposition to the death penalty, not only in Nigeria but across the globe. This reaffirmation was voiced during an event marking World Day Against the Death Penalty 2023 in Abuja. Emmanuelle Blatmann, the Read More…
