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Economy: 767 manufacturers closed shop, 335 companies distressed in 2023 – MAN
The Manufacturers Association of Nigeria (MAN) said on Wednesday that at least 335 companies were distressed in 2023 while 767 manufacturers ceased operations...
Executive order: Tinubu positions Nigeria as prime destination for investment in Africa’s energy sector
In keeping with his dedicated efforts to remove obstacles to investments in Nigeria, harness the nation’s resources and diversify the economy for the...
African Leaders, Diplomats Extol AfDB Pres. Adesina on Awolowo Prize for Leadership
Current and former African presidents, diplomats, and other notable personalities took turns on Wednesday to extol the President of the African Development Bank...
Tinubu orders immediate release of grains to FCT residents
President Bola Tinubu has directed the Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, to expedite action on the distribution of...
Farmers/Herders Crisis: FG launches pilot cattle ranch scheme for herders
In a bid to reduce conflicts between farmers and herders across the country, the Federal Government has initiated a pilot cattle ranch program...
Edo Deputy Governor, Philip Shaibu, faces impeachment
The Edo State House of Assembly has commenced impeachment proceedings against the State Deputy Governor, Mr. Philip Shaibu. The Majority Leader, Mr. Charity...
Alleged N7.6bln fraud: Appeal Court strikes out FG’s bid to retry ex-Abia Gov. Orji Kalu
An appellate court in Abuja has struck out the appeal filed by the Federal Government seeking to reopen the criminal trial of Orji...
All African Games: Sports Minister to Nigerian athletes: You won’t be shortchanged
Sports Minister John Enoh has assured the Nigerian contingent for the All African Games 2024 that the federal government will reward their efforts...
Stagflation, not inflation, is Nigeria’s problem, says financial expert
Dr. Mukaila Akinde, the Rector of the Federal Polytechnic, Ilaro, Ogun State, says high unemployment and excessive inflation, called stagflation in economic parlance,...
Facebook, Instagram, Messenger down in worldwide outage
Users of social media channels – Facebook and Instagram – are experiencing issues logging into their accounts following an outage around 3:30 p.m....
Agriculture minister blames smuggling for food scarcity in Nigeria
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has said the smuggling of food to neighbouring countries is one of the...
Breaking: Nigeria, UAE reopen visa channels
In a significant development aimed at bolstering bilateral relations, the governments of Nigeria and the United Arab Emirates (UAE) have jointly announced the...
Just in: SIM-NIN linkage: Over 40m blocked lines to be forfeited — NCC
The Nigerian Communications Commission (NCC) has said that more than 40 million telephone lines that were suspended for not being linked to national...
Power outage “sacks” senators, Senate President apologizes
The Nigerian Senate was forced to postpone its sitting on Tuesday as power outage hit the National Assembly complex. The senators had to...
Implement cash transfer programme before addressing fuel, electricity subsidies, IMF tells FG
The International Monetary Fund (IMF) has advised the Nigerian government to prioritize the full implementation of its cash transfer program to aid vulnerable...
Binance set to exit Nigeria
Barely a week after the Nigerian government demanded $10 billion in retribution from Binance, the major global cryptocurrency player, it has announced the...
