The World Bank has warned that reversing the federal government’s economic policies will spell doom for Nigeria. The World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, gave the warning
The World Bank has released the Nigeria Development Update report, offering a bleak outlook on poverty in Nigeria, as it stated that over 129 million Nigerians now live below the
The Presidency has said the absence of President Bola Tinubu and Vice-President Kashim Shettima will not create any leadership vacuum in the country. Bayo Onanuga, Special Adviser to the President
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator
Abuja—The Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as at October 11. He
A High Court of the Federal Capital Territory (FCT) in Maitama High Court has restrained the Economic and Financial Crimes Commission (EFCC) from arresting or detaining a former Minister of
Emma Ujah, Abuja Bureau Chief The World Bank Vice President and Chief Economist, Mr. Indermit Gill said yesterday that the Federal Government should sustain ongoing reforms despite the hardship on
The national electricity grid collapsed again on Monday evening. The grid collapsed at about 6:18 pm on Monday, leaving the masses in darkness. Checks by our correspondent showed that power
The Federal Government, through the Nigerian Customs Service, will on Monday (today) ground over 60 private jets owned by very important persons in the country over unpaid import duty running
The Nigerian Air Force is set to acquire another set of fighter jets and helicopters to boost its combat capabilities. The aircraft are 24 M-346 Fighter Ground Attack jets and
