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Thursday, May 23, 2024

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Nigeria’s GDP to grow 3.5% in 2024: NESG

The Nigerian Economic Summit Group (NESG) on Wednesday said Nigeria's Gross Domestic Product will grow by 3.50 percent in 2024. The group made the forecast in its macroeconomic outlook report for 2024, titled “Economic Transformation Roadmap: Medium-Term Policy Priorities”, launched...

The presidency explains the transfer of the FAAN and CBN department to Lagos

We have observed how miscreants, bent on fueling unnecessary ethnic distrust, have deliberately misinterpreted the decision of the Central Bank of Nigeria to relocate its Banking Supervision Department to Lagos and the directive of the Ministry of Aviation and...

Education is key to building lasting peace, says Nigeria’s first lady

The First Lady of Nigeria, Oluremi Tinubu, has described education as key to achieving lasting peace in Nigeria. Mrs Tinubu said this in a statement on the occasion of this year's International Education Day, saying this year's theme, "Learning for...

Young Nigerians ready to learn and compete globally – Tinubu

President Bola Tinubu says Nigerian youth are vibrant, talented, eager to learn and ready to compete globally. In a meeting with Reeta Roy, President and CEO of the Mastercard Foundation, President Tinubu said his administration will strongly support public-private partnerships...

Nigerian stock index crosses record 100,000 points as big gains continue

Nigerian stocks extended their winning streak for the 10th consecutive day on Wednesday, as investors piled more funds into shares and buying pressure pushed the main stock index past the 100,000 basis point mark to its highest level ever....

University governing councils oppose Nigerian legislators’ directive

The Committee of Pro-Chancellors of State Universities (COPSUN) has asked the House Committee on TETFund to withdraw its recent directive to Nigerian tertiary institutions regarding allocations they received from the Tertiary Education Trust Fund (TETFund). COPSUN said the legislators' directive...

Nigeria targets 77% increase in IGR

Finance Minister Wale Edun says the federal government is targeting a 77 per cent increase in internally generated revenue (IGR). Mr. Edun, who is also the Coordinating Minister for Economy, said this on Wednesday in Abuja, at the...

Police investigate video of Nigerians claiming to be LGBTQ

Nigerian police said they are investigating a video clip in which some people appeared claiming to be members of the Nigerian lesbian, gay, bisexual, transgender and queer (LGBTQ) community. Force Headquarters spokesperson Olumuyiwa Adejobi described those in the video as...

Tinubu travels to France

President Bola Tinubu will leave Abuja on Wednesday (today) for Paris for a private visit. This was revealed on Wednesday by presidential spokesperson Ajuri Ngelale in a statement. Ngelale said the president will return to Nigeria in the first week of...

Local elections in Enugu postponed

The Enugu State Independent Electoral Commission has said that the local government elections earlier scheduled for February 24 have been postponed to October 5, 2024. The Chairman of the Electoral Commission, Mike Ajogu, disclosed this in a statement in Enugu...

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Bridging the gap between media practice and profits

…the answers are laid bare, deposited like a box of gold, in “Writing for the Media and Monetizing It,”...

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