Ahmadu Bello University (ABU), Zaria, has been granted provisional hosting rights for the 29th edition of the Nigerian University Games Association (NUGA), scheduled to hold in 2028. The award was conveyed in a letter dated December 3, 2025, addressed to the Vice-Chancellor, Prof. Adamu Ahmed, and signed by the...
Economy
A striking feature of Nigeria’s current economic debate is the enthusiasm with which huge numbers are circulated—and the casualness with which they are assembled. Tax collections are added to oil receipts; oil receipts are added again under customs or “subsidy savings”; borrowing is treated as income; and the resulting...
Rivers State seems to have restarted its economy with the 18th international trade fair going on in Port Harcourt at the Dr Obi Wali International Cultural Centre. This is as the Rivers State Investment Promotion Agency (RSIPA) has unveiled measures to enthrone ease of doing (EoDB) to win back...
Nigeria’s inflation rate fell further in November, offering fresh relief to households after years of punishing price increases that triggered a deep cost-of-living crisis. The latest data released on Monday by the National Bureau of Statistics (NBS) showed that headline inflation moderated to 14.45 per cent in November 2025,...
Vice President Kashim Shettima, has identified Imo State as a major pillar in Nigeria’s economic diversification agenda primed for rapid growth in technology, gas utilisation, agro-industrial processing and small and medium-scale enterprises (SMEs). He said the government is committed to providing access to financing through the Bank of Industry...
The GBP/USD pair has always carried a certain influence in the global currency market. It’s not just another price point on a chart. It reflects how two major economies respond to pressure, growth, political change, and global uncertainty. When the pair rises or drops, traders often use it as...
MTN Group has restated its determination to help deepen the economic corridor between Nigeria and South Africa, describing the relationship as crucial to Africa’s long-term growth. The telecoms giant made the pledge during the Nigeria–South Africa Presidential Trade and Investment Breakfast Dialogue, where government officials and business leaders converged...
President Bola Tinubu said the sweeping economic reforms underway in the country are intentionally crafted to equip Nigerian youths with globally competitive skills and secure a stronger future for the nation. The president made the remarks on Monday while hosting the Duke of Edinburgh, Prince Edward, at the State...
Ambassador of the Republic of Turkey to Nigeria, Mehmet Poroy, has said Ankara has approved easier and faster visa procedures for Nigerian businessmen, eliminating the need for approval from the Turkish capital, in a move aimed at boosting economic cooperation between the two nations. Poroy disclosed this during a...
Federal Government has announced that Nigeria’s livestock industry could contribute as much as $74 billion to the nation’s GDP by 2035, under the new National Livestock Growth Acceleration Strategy (NL-GAS). Minister of Livestock Development, Dr. Idi Maiha, disclosed this on Wednesday in Abuja during a Donor and Partnership Workshop...
Danish billionaire and Founder of Bestseller Foundation, Mr Anders Povlsen, has pledged to invest in Nigeria’s digital economy, entertainment and sports sectors. Povlsen made the commitment on Tuesday during a courtesy visit to President Bola Tinubu at the State House, Abuja. He was accompanied by the Danish Ambassador to...
All Progressives Congress (APC) said it is heartened by global acclaim of President Bola Tinubu’s economic reforms that are yielding extraordinary results, and signaling that Nigeria now stands on the cusp of prosperity of a kind never before seen in our history. National Publicity Secretary of APC, Felix Morka,...
Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the circulation of clean Naira notes across the country while calling on Nigerians to treat the national currency with respect. The bank also encouraged citizens to become ambassadors for the protection and proper handling of the Naira. The...
President Bola Ahmed Tinubu said on Tuesday in Abuja that the revenue target for 2025 was achieved in August, following economic reforms focused on stimulating the non-oil sector. He said that the bulk of the revenue came from the non-oil sector. The President assured Nigerians that the Renewed Hope...
Director-General of the National Information Technology Development Agency (NITDA), Dr. Kashifu Inuwa, has declared that leveraging Artificial Intelligence (AI) within the digital economy could propel Nigeria’s Gross Domestic Product (GDP) growth by up to 20%. Speaking at the 3rd Economic Confidential Lecture in Abuja on Wednesday, Inuwa emphasized AI’s...
CEO of HSI Energies, Chikezie Nwosu, has disclosed that the company’s modular refinery under construction in Owaza, Ukwa East LGA, Abia State, will generate 3,000 direct jobs for locals upon completion. The CEO announced this on Wednesday during a visit to Governor Alex Otti at Umuehim Nvosi, Isiala Ngwa...
By AMOS MATHEW, kaduna – Kaduna State Governor, Uba Sani has commended President Bola Tinubu for stabilizing Nigeria’s economy and restoring investors’ confidence, positioning the country for stronger international partnerships. The governor who spoke with TVC News, was highlighting the gains of President Tinubu’s official visit to Brazil. Governor...
By DAVID IORJA, Abuja – The Chartered Institute of Stockbrokers (CIS) has called for a public-private sector partnership across board to bring the $1 trillion economy target of the administration of President Bola Ahmed Tinubu to fruition. In a communique signed by its President/Chairman of Council, Oluropo Dada, the...
Ghanaian President John Dramani Mahama, Thursday in Yokohama, Japan, called on African nations to embrace reforms and stability to position themselves as credible destinations for investment. Mahama made the call at the ongoing 9th Tokyo International Conference on African Development (TICAD), when he co-chaired the second plenary session on “Economy:...
Why Okonjo-Iweala Was Right Nick AguleEmail: nick.agule@yahoo.co.ukX: Nick Agule, FCAFacebook: Nick Agule, FCA Dr. Ngozi Okonjo-Iweala’s statement that President Tinubu deserves credit for stabilising the economy is not just diplomatic—it’s analytically sound. Stability is the prerequisite for any meaningful reform. Without it, growth is impossible. But unfortunately, many Nigerians...