“Nigeria to never again be byword for corruption, plundering”

President Muhammadu Buhari has said that never again will Nigeria be a byword for corruption and plundering of public resources. President Buhari who stated this while expressing gratitude to two Nigerians that returned a handbag filled with valuables forgotten by an American returnee at the Murtala Mohammed Airport, stated that honesty has remained the path […]

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700 Nigerians drown in Mediterranean Sea

A group, on the platform of Migration Enlightenment Project Nigeria, MEPN, has raised the alarm that over 700 Nigerians died in the Mediterranean Sea while migrating illegally in the last six months. The Director MEPN, Femi Awoniyi, who made this known while addressing newsmen in Abuja, weekend, said the figure is low, compared to those […]

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Strengthen Ethno-Religious Tolerance in Nigeria – U.S. Ambassador Brownback

The U.S. Ambassador-at-Large for International Religious Freedom, Samuel Brownback, has urged Nigerian political office holders, representatives of civil society and religious leaders to avoid amplifying ethno-religious tension in the country and to focus on peacebuilding. He made this statement recently at a one-day national youth dialogue on ethno-religious tolerance organized by the U.S Consulate General […]

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Dakuku Peterside

NIMASA boost economy with over 2 million indirect jobs – Peterside

The Nigerian Maritime Administration and Safety Agency, NIMASA, has disclosed that the maritime industry has assisted in boosting the nation’s Gross Domestic Product, GDP, by providing over a 100, 000 direct jobs and about two million indirect jobs even as it expressed worry that despite its contribution, it is not captured by the National Bureau […]

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Aisha Buhari pays tribute to Military for securing the country

Wife of the President, Aisha Muhammadu Buhari, yesterday paid glowing tributes to officers and men of Nigerian military for securing the country, saying the country could not pay them enough for the survival of the country. According to her; “We owe you from the depth of our hearts.” The president’s wife, who spoke at a […]

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Yemi Osinbajo

Nigeria, India trade hits $12 billion – High Commissioner

The trade volume between India and Nigeria hit 12 billion dollars between April 2017 to March 2018, Indian High Commissioner to Nigeria, Nagabhushana Reddy, has said. Reddy said this while speaking with newsmen at a flag hoisting ceremony to mark the 72nd Independence of India in Abuja on Wednesday. Newsmen recall that the trade figures […]

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U.S. pledges $12.5 million for food security in Nigeria

‘The Feed the Future’, a U.S. government global hunger and food security initiative, has earmarked 12.5 million dollars for food security in Nigeria. Dr George Mavrotas, Head of IFPRI Nigeria office, said this in an interview with newsmen on Thursday in Abuja. Mavrotas, who is also the Chief of the Project, The Feed the Future […]

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Nigeria need new technologies to address power supply, metering challenges

President Muhammadu Buhari has stated that Nigeria was in dire need of new engineering technologies to address its power supply and metering challenges. Speaking at the 27th Engineering Assembly of the Council for the Regulation of Engineering in Nigeria, COREN, Buhari, who was represented by the Minister of Water Resources, Mr. Suleiman Adamu, also emphasized […]

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Dr. Okechukwu Enelamah

Nigeria’s economy attracts investment inflow of $27.9 billion in 3-years

The Nigerian economy attracted a total investment inflow of $27.9 billion between July 2015 and March this year. Based on the official ₦305 to a dollar exchange rate of the Central Bank of Nigeria, the amount ($27.9 billion) translates into about ₦8.5 trillion. Documents of the country’s investment inflows obtained from the National Bureau of […]

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Air traffic in Nigeria, others’ rises by 10.9 pct – IATA

Nigerian airlines and others in Africa have recorded a 10.9 per cent rise in passenger traffic. The International Air Transport Association, in its global passenger traffic results for June 2018, stated that the rise was due to stability in the economies of the countries. “African airlines’ traffic soared 10.9 per cent in June, up substantially […]

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Debt Management Office, DMO

Decline in external reserves, rising debt slows down economy

The recent rise in the nation’s debt profile and continued decline in the external reserves are slowing down the recovery and growth of the economy. Experts attribute the disturbing situation to the approaching general elections in February next year and the exit of foreign portfolio investors for fear of losing their investments. The International Monetary […]

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Nigerian Senate leader cleared of corruption charges

U.N. worry over continuous tension in Nigeria, others

Global body in charge of security, United Nations Security Council, says it is worried over what it described as continued tensions linked to disputed electoral processes, social and economic difficulties, and conflicts between farmers and herders in the Lake Chad Basin. Nigeria, Cameroon and Chad are members of the Lake Chad Basin on which the […]

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