Buhari announces $195m investment to tackle piracy in Gulf of Guinea Region in 2021

Buhari announces $195m investment to tackle piracy in Gulf of Guinea Region in 2021

Nigeria’s President Muhammadu Buhari has reaffirmed the country’s commitment to fighting piracy in the Gulf of Guinea. Speaking at the 3rd Extraordinary Session of the Assembly of Heads of State and Government of the Gulf of Guinea Commission (GGC) in … Continue reading Buhari announces $195m investment to tackle piracy in Gulf of Guinea Region in 2021

Stranded Nigerians in Sudan express frustration as embassy delays movement

Stranded Nigerians in Sudan express frustration as embassy delays movement

Stranded Nigerians in Sudan have expressed their frustration with the Nigerian Embassy in Khartoum over delayed evacuation to Cairo, Egypt. The Nigerian government had announced plans to evacuate around 5,500 stranded Nigerians in Sudan through Luxor, Egypt. However, a letter … Continue reading Stranded Nigerians in Sudan express frustration as embassy delays movement

Nigerians spend N2.04 trillion annually on malaria prevention and treatment - Experts

Nigerians spend N2.04 trillion annually on malaria prevention and treatment – Experts

Nigeria is still struggling to combat malaria despite various intervention programs that have been implemented. A recent estimate of the cost of malaria in Nigeria is N2.04 trillion per year, which is significantly less than the $1.1 billion estimated by … Continue reading Nigerians spend N2.04 trillion annually on malaria prevention and treatment – Experts

AfDB urges Nigeria and other African nations to explore natural resources for financing SDGs

AfDB urges Nigeria and other African nations to explore natural resources for financing SDGs

The African Development Bank (AfDB) has urged Nigeria and other African nations to make use of their comparative advantages to gather resources required to finance the continent’s sustainable development goals (SDGs). AfDB made this call in a statement on Tuesday, … Continue reading AfDB urges Nigeria and other African nations to explore natural resources for financing SDGs

Netflix to invest $2.5bn in Korean content after global success of 'Squid Game' and K-pop

Netflix to invest $2.5bn in Korean content after global success of ‘Squid Game’ and K-pop

Netflix has announced it will allocate $2.5 billion to South Korean content as a result of the huge success of ‘Squid Game’, highlighting the explosive popularity of Korean culture worldwide. Following a meeting with South Korean President Yoon Suk-yeol, Netflix … Continue reading Netflix to invest $2.5bn in Korean content after global success of ‘Squid Game’ and K-pop

R. Kelly transferred from Chicago to North Carolina prison to serve 30-year sentence

R. Kelly transferred from Chicago to North Carolina prison to serve 30-year sentence

R. Kelly, who was convicted of federal child pornography and child enticement charges, has been transferred to a prison in North Carolina to serve his sentence. The Federal Bureau of Prisons confirmed that Kelly was moved from the Metropolitan Correctional … Continue reading R. Kelly transferred from Chicago to North Carolina prison to serve 30-year sentence

Buhari government passes on N46 trillion debts to Tinubu raising concerns

Buhari government passes on N46 trillion debts to Tinubu, raising concerns

According to a recent report by the Debt Management Office (DMO), Nigeria’s total debt stock has reached N46.25 trillion. This development raises fiscal concerns, with the International Monetary Fund warning that Nigeria almost depleted its treasury on debt servicing in … Continue reading Buhari government passes on N46 trillion debts to Tinubu, raising concerns

Importers and traders in fish business chain lament forex restrictions on fish importation

Importers and traders in fish business chain lament forex restrictions on fish importation

The fish business value chain in Nigeria is facing difficulties due to the foreign exchange (forex) restriction imposed on fish importation. Importers and traders have expressed their concerns about the harm this ban has done to their businesses, especially with … Continue reading Importers and traders in fish business chain lament forex restrictions on fish importation