By Sodiq Adelakun The International Monetary Fund (IMF) has revised its economic growth forecast for Nigeria in 2024, lowering it to 3.0 percent from the previously projected 3.1 percent in October last year. This adjustment was highlighted in the IMF’s…
…As NCC readjusts industry statistics to align with global standards By Blessing Emmanuel, Abuja Nigeria’s telecommunications industry has recorded a surge in the number of internet subscriptions and a reduction in teledensity. The nation’s telecommunications regulator, Nigerian Communications Commission (NCC)…
By Barth Ndubuwah Arising from its 141st meeting, the All Progressives Congress (APC) National Working Committee (NWC) has condemned in its entirety the refusal of the Speaker of the Plateau State House of Assembly to swear in its 16 members,…
By Jelili Olawale, Ile-Ife Workers of the Obafemi Awolowo University Teaching Hospital (OAUTH) Ile-Ife have appealed to the Federal Government to process the payment of their over 12 months salary arrears. In a letter made available to Nigerian NewsDirect, the…
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has taken decisive action to alleviate the persistent backlog of confirmed foreign exchange (forex) transactions by introducing an additional $500 million into the market. This strategic move follows closely on the…
Lagos has continued to receive visitors on its waterways as the state welcomed the largest LNG-powered vessel. This comes barely a week after the Lekki Port, Nigeria’s deepest seaport, received the largest container ship to call in Nigerian port. The…
Four days after losing his freedom to kidnappers on the Lagos-Ibadan Expressway, the Lagos People’s Democratic Party (PDP) Chairman Philip Aivoj has regained his freedom. His release was said to have happened on Monday morning, the Ogun State police command…
Pan-african bank, Ecobank Nigeria, a subsidiary of the Ecobank Group has announced mouthwatering rewards for customers who operate its SuperSavers accounts. The six months reward programme is scheduled to run between January and June, 2024 and customers can benefit up…
The River State House of Assembly has accused the Governor of Rivers State, Siminalayi Fubara of tyranny and misconduct in the appointment of public office holders. This new development makes political analysts anxious whether or not the House would resume…
…Says regulations in place to protect Nigerians in Diaspora The Nigerians in Diaspora Commission (NIDCOM) has insisted that Optival Capital failed to follow due process in its proposed Diaspora Investor Direct Investment (DIDI) product. Optiva Capital Partners Limited had through…
