Presidential Villa, Others Face Disconnection Over N923Million Electricity Debt
The Abuja Electricity Distribution Plc (AEDC) has issued a warning of potential power disconnection for the Presidential Villa in Abuja and various Ministries, Departments, and Agencies (MDAs) due to an…
Floating the Naira: Effects and Solutions
Floating the naira refers to allowing the Nigerian currency’s value to be determined by the foreign exchange market without direct intervention by the Central Bank of Nigeria (CBN). This approach…
Atiku Presents Personal Solutions to Nigeria’s Economic Crisis
The Peoples Democratic Party (PDP)’s presidential candidate for the 2023 elections, Atiku Abubakar, on Sunday expressed his preference for a more measured approach to foreign exchange management by the Central…
Tuchel will stay on as coach – Dreesen
Bayern Munich CEO Jan-Christian Dreesen has expressed his support for Thomas Tuchel to continue as the team’s coach despite their recent 3-2 loss to Bochum, marking the team’s third consecutive…
There’ll Be Protests In Nigeria, Kenya, Other African Countries Over Fuel Subsidy Removal, Rising Costs – AfDB Warns
As Nigeria faces rising living costs due to the removal of fuel subsidies and the devaluation of the naira, the African Development Bank (AfDB) has issued a warning about the…
Fuel Scarcity: Impending Disaster As Nigerian Petroleum Tanker Drivers Threaten To Stop Lifting Petrol
Fuel scarcity looms as The Nigerian Association of Road Transport Owners (NARTO) has announced plans to halt the distribution of petroleum products across the country starting Monday due to escalating…
Corruption List: Top 10 African Countries with Highest Corruption in 2024
The 2023 Corruption Perceptions Index (CPI) revealed that corruption is a significant problem around the world and especially in Africa. This index evaluated 180 countries and territories to measure the…
Brazil set to revive economic relationship with Nigeria
Nigeria and Brazil, the leading economies of Africa and South America respectively, have decided to strengthen their economic ties. This decision was made during a discussion between Nigerian President Bola…
Tinubu won’t resign, FG tells PDP governors
The Minister of Information and National Orientation, Mohammed Idris, unequivocally stated yesterday that President Bola Tinubu “will not resign under any guise.” Directly addressing calls from the Peoples Democratic Party…
Senate Moves To Amend Nigerian Constitution To Okay State Police
The Nigerian Senate has said it’s willing to change the constitution to allow for state police if this change can help stop insecurity in the country. President Bola Tinubu, after…