Segun Adewale, a prominent figure within the Peoples Democratic Party (PDP) and former Lagos State chairman, has described former Vice-President Atiku Abubakar as the “messiah” Nigeria urgently needs to resolve its economic challenges. In a recent interview with the News Agency of Nigeria (NAN) in Lagos, Adewale firmly stated that Abubakar should not be dismissed […]
El-Rufai Challenges Tinubu’s Administration Nasir El-Rufai, former governor of Kaduna State and a senior figure within the Social Democratic Party (SDP), has openly criticized the administration of President Bola Ahmed Tinubu. In an interview conducted by Deutsche Welle Hausa, El-Rufai claimed that Nigeria has been on a downward spiral since Tinubu assumed office in 2023. […]
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The Rise of Aba-Made Goods in Nigeria Former Nigerian President, Goodluck Jonathan, has praised the evolving reputation of Aba-made products, noting that what was once a source of ridicule has now become a mark of quality and innovation. Speaking during the University of Port Harcourt (Uniport) 1980s Alumni Reunion and Award Ceremony held in Umuahia, […]
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Omokri Says Obi’s Political Career Is What’s Truly Falling Apart In a heated political exchange, Reno Omokri, a vocal advocate for President Bola Tinubu, has criticized Peter Obi, the 2023 presidential candidate of the Labour Party (LP), for claiming that Nigeria is collapsing under the current administration. Omokri argued that it’s not the nation but […]
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The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has projected that Nigeria’s creative sector could generate up to $25 billion, following the completion of the National Arts Theater (NAT) upgrade. This historic edifice, refurbished by the Bankers Committee, is expected to serve as a major catalyst for economic growth through the creative […]
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Lagos, Nigeria’s economic hub, is facing an unprecedented rent crisis, with both high-end and affordable housing experiencing sharp increases in rental costs. The situation is exacerbating economic hardships for residents, impacting families, businesses, and commuting patterns across the city. Housing Shortage and Economic Reforms Driving Rent Increases Lagos has long struggled with a housing deficit, […]
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Bismarck Rewane, the highly regarded CEO of Financial Derivatives Company, is well known for his expertise in economic analysis. His insights are frequently sought after by leading media platforms. However, as seen in recent events, his statements can sometimes be taken out of context or misrepresented, leading to public misinterpretation. In a recent appearance on […]
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As Nigeria inches closer to the second anniversary of the 2023 elections, the political landscape is already heating up with speculations and maneuvers for 2027. Politicians and citizens alike are beginning to shift their focus toward the next presidential race, a testament to the dynamic nature of democracy. Northern Political Divide Over Tinubu’s Second Term […]
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Exploring Nigeria’s Energy Potential Adewale Tinubu, Group Chief Executive of Oando Plc, has highlighted the transformative potential of Nigeria’s energy sector, emphasizing the role of indigenous energy companies in taking over divested assets from International Oil Companies (IOCs). Speaking at the prestigious World Economic Forum (WEF) in Davos, Switzerland, Tinubu revealed that Oando Plc is […]
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The Nigeria Labour Congress (NLC) has condemned the Federal Government’s 50% telecom tariff hike, calling for a nationwide boycott and emphasizing its adverse impact on workers and citizens. Labour Union Threatens Nationwide Boycott to Resist Telecom Tariff Hike The Nigeria Labour Congress (NLC) has expressed strong disapproval of the Federal Government’s decision to approve a […]
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Primate Elijah Ayodele, the leader of the INRI Evangelical Spiritual Church, has issued a stark warning to Nigerians and President Bola Tinubu’s administration regarding the worsening economic situation in the country. Speaking on Friday, Primate Ayodele cautioned that petrol prices, which recently dropped to N945 per litre, could surge to N1,200 per litre if pressing […]
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Nigeria’s inflation rate rose to 34.80% in December 2024, slightly up from 34.60% in November, according to the latest National Bureau of Statistics (NBS) report. This surge is attributed to increased demand for goods and services during the holiday season, marking a 5.87% year-on-year rise from 28.92% in December 2023. This is the last inflation […]
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Discover how harsh economic realities and unemployment are driving Nigerian youths toward illegal migration and human trafficking. Learn about recent rescue operations and the need for systemic change. The rising cases of illegal migration and human trafficking in Nigeria highlight the growing desperation among the nation’s youths. A recent rescue operation in Jigawa State sheds […]
