Nigeria forced Equatorial Guinea to a frustrating 1-1 draw in the opening match of the Africa Cup of Nations (AFCON) Group A at Ebimpe’s Alassane Ouattara Olympic Stadium. Ivan Salvador’s composed finish in the 36th minute gave Equatorial Guinea the lead, but Victor Osimhen’s difficult header in an empty net levelled the score for Nigeria. Read More…
Tag: Nigeria
Sanwo-Olu advocates multifaceted approach for enhanced cocoa economic growth
In a bid to maximise the benefits of cocoa production and foster economic growth, the Governor of Lagos State, Mr. Babajide Sanwo-Olu, emphasised the need for a multifaceted approach. Speaking at the International Cocoa and Chocolate Forum (ICCF) 2024 in Lagos, he outlined key strategies for the cocoa sector’s enhancement. Represented by Mrs. Folashade Ambrose-Medebem, Read More…
EFCC and ICPC unite forces: A Pledge to combat corruption in Nigeria
The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have joined hands in a collaborative effort to intensify the fight against corruption in Nigeria. This powerful alliance was emphasised during a visit by the Chairman of the ICPC, Dr. Musa Aliyu, SAN, to the EFCC headquarters Read More…
Nigeria’s Central Bank dissolves boards and management of three lenders for non-compliance with banking regulations and corporate governance failures
Nigeria’s Central Bank has dissolved the Board and Management of Union Bank, Keystone Bank, and Polaris Bank for non-compliance with banking regulations and corporate governance failures. The affected lenders are privately held and have come under government control in the past. According to a statement by the Central Bank of Nigeria (CBN), the Board and Read More…
Super Eagles soar into Abidjan in style for AFCON 2023 kickoff
The highly-anticipated Africa Cup of Nations (AFCON) 2023 is set to kick off in Cote d’Ivoire, and the Super Eagles of Nigeria have made a grand entrance into Abidjan, exuding style and enthusiasm. The team, sporting a striking all-white traditional kaftan paired with green caps, made a statement upon their arrival at the Félix-Houphouët-Boigny International Read More…
Nigeria’s NNPC to supply 4 crude cargoes to Dangote Refinery as operations near commencement
Nigeria’s NNPC, the state oil company, is anticipated to provide four crude shipments from its February schedule to the Dangote refinery, set to begin operations following extensive construction delays, disclosed three sources familiar with the situation to Reuters. The highly-anticipated Dangote refinery, touted as Africa’s largest, is on the verge of commencing test runs and Read More…
SCOAN counters allegations against late TB Joshua
A BBC report disclosed allegations made by numerous ex-Synagogue Church of All Nations (SCOAN) members, including five British nationals, against the late TB Joshua. These accusations, spanning nearly two decades, include incidents of rape and forced abortions allegedly perpetrated within a secretive Lagos compound. The Synagogue Church of All Nations responded to the BBC documentary, Read More…
Enough!
Enough is enough! That was the sentiment expressed by Nigerians following the recent gale of kidnappings and terror attacks unleashed by bandits on defenceless Nigerians in various parts of Nigeria, especially in the northern parts (Kaduna, Plateau and Taraba states) where trips hitherto classified as routine are now acknowledged as a walk in the valley Read More…
EFCC probes Dangote Group over forex misuse
The Economic and Financial Crimes Commission (EFCC) conducted a book inspection at the Dangote Group, probing potential misuse of foreign currency obtained from the central bank, according to two sources familiar with the agency’s actions. Sources within the EFCC disclosed that the inspection at Dangote’s offices in Lagos was part of an investigation expanding beyond Read More…
Stears report urges proactive measures amidst Nigeria’s 2024 inflation concerns
Stears, a prominent provider of economic analysis and data-driven insights, has highlighted the imperative of proactive measures to safeguard Nigeria’s economic stability amidst mounting inflation pressures in its 2024 African Outlook Report. Dumebi Oluwole, Senior Economist at Stears, emphasised the urgency for preemptive actions to address the nation’s economic stability amidst the current headline inflation Read More…