Federal high court demands accountability for $460 million Chinese loan allocated to failed Abuja CCTV project

Federal high court demands accountability for $460 million Chinese loan allocated to failed Abuja CCTV project

A federal high court in Abuja has issued a directive to the President Muhammadu Buhari-led administration to provide a detailed account of the expenditure of a $460 million Chinese loan allocated for the “failed” Abuja closed-circuit television (CCTV) project. Judge … Continue reading Federal high court demands accountability for $460 million Chinese loan allocated to failed Abuja CCTV project

NAFDAC highlights high rejection rates of Nigerian food exports, calls for enhanced collaboration

NAFDAC highlights high rejection rates of Nigerian food exports, calls for enhanced collaboration

During the official commissioning of the new NAFDAC office complex at the Murtala Muhammed International Airport in Lagos, the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye, revealed that more than 70 percent … Continue reading NAFDAC highlights high rejection rates of Nigerian food exports, calls for enhanced collaboration

Federal government calls for enhanced contribution of solid minerals sector to Nigeria's economy

Federal government calls for enhanced contribution of solid minerals sector to Nigeria’s economy

The Federal Government has expressed dissatisfaction with the underperformance of the solid minerals sector in contributing to Nigeria’s Gross Domestic Product (GDP) and revenue generation. ‘ According to data from the Nigeria Extractive Industries Transparency Initiative (NEITI), the sector’s revenue … Continue reading Federal government calls for enhanced contribution of solid minerals sector to Nigeria’s economy

Labour party controversy: Allegations of threats and collusion shake leadership and spark investigations

Labour party controversy: Allegations of threats and collusion shake leadership and spark investigations

The leadership of the Labour Party has urged the Nigeria Police and the Department of State Security to investigate Abayomi Arabambi, the former National Publicity Secretary of the party and spokesperson of the Lamidi Apapa faction. Arabambi had alleged that … Continue reading Labour party controversy: Allegations of threats and collusion shake leadership and spark investigations

Nigeria suffers $1bn annual loss due to non certification of agricultural exports - Experts

Nigeria suffers $1bn annual loss due to non certification of agricultural exports – Experts

According to Mr. Ikechi Uko, the coordinator of the Aviacargo Roadmap Committee, Nigeria, despite being one of the largest producers of agricultural products, loses approximately $1 billion each year due to the non-certification of agricultural produce for export. Speaking at … Continue reading Nigeria suffers $1bn annual loss due to non certification of agricultural exports – Experts

Ugandan LGBT activist bravely plans return home amidst arrest fears and controversial new law

Ugandan LGBT activist bravely plans return home amidst arrest fears and controversial new law

DeLovie Kwagala, an activist advocating for LGBT rights in Uganda, has expressed their intention to return to their home country next week, even though they fear the possibility of being arrested. Kwagala, who identifies as non-binary and prefers the pronoun … Continue reading Ugandan LGBT activist bravely plans return home amidst arrest fears and controversial new law

Seun Kuti's lawyers accuse police of disobeying court order and withholding case file

Seun Kuti’s lawyers accuse police of disobeying court order and withholding case file

Lawyers representing Seun Kuti, the embattled Afrobeat singer, have raised allegations against the police, claiming that they are disregarding a court order by withholding the artiste’s case file. In a statement released on Friday, the legal team called upon Simon … Continue reading Seun Kuti’s lawyers accuse police of disobeying court order and withholding case file

Nigeria's urgent need for revenue boost to avert debt servicing crisis, warns KPMG

Nigeria’s urgent need for revenue boost to avert debt servicing crisis, warns KPMG

According to a macroeconomic snapshot released by KPMG, urgent actions need to be explored to significantly raise revenue in Nigeria to prevent the risk of sliding into critical debt servicing problems. The professional services firm expressed concerns regarding the recent … Continue reading Nigeria’s urgent need for revenue boost to avert debt servicing crisis, warns KPMG

Nigerian capital market faces unprecedented decline in foreign investor appetite amidst market uncertainty and forex challenges

Nigerian capital market faces unprecedented decline in foreign investor appetite amidst market uncertainty and forex challenges

A sharp decline in foreign appetite for the Nigerian capital market has been attributed to various factors such as market uncertainty, political risk, and foreign exchange illiquidity. Over the past eight years, total foreign transactions executed on the equities market … Continue reading Nigerian capital market faces unprecedented decline in foreign investor appetite amidst market uncertainty and forex challenges

Governor Okowa defends construction of ecumenical centre for christian association of Nigeria in Delta state

Governor Okowa defends construction of ecumenical centre for christian association of Nigeria in Delta state

Dr. Ifeanyi Okowa, the outgoing Governor of Delta State, has staunchly defended the construction of a 2,000-capacity ecumenical centre in Asaba for the Christian Association of Nigeria (CAN). Speaking at the inauguration of the newly-constructed centre, Okowa emphasized that the … Continue reading Governor Okowa defends construction of ecumenical centre for christian association of Nigeria in Delta state

Orji Kalu salls for special funding to support job creating entrepreneurs at tastia restaurant and bakery inauguration

Orji Kalu salls for special funding to support job creating entrepreneurs at tastia restaurant and bakery inauguration

Senator Orji Uzor Kalu, the Chief Whip of the Senate, has called on the federal government to allocate special funds to entrepreneurs who are actively creating employment opportunities for citizens. He made this statement during the inauguration of Tastia Restaurant … Continue reading Orji Kalu salls for special funding to support job creating entrepreneurs at tastia restaurant and bakery inauguration