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The geopolitical upheaval triggered by the Russia-Ukraine crisis has profoundly impacted global energy dynamics, particularly affecting Nigeria's crude oil exports to its once steadfast Asian market, Business Insider Africa reports. The Nigerian National...
President Bola Tinubu is set to attend the Saudi-Africa Summit in Riyadh, Saudi Arabia, departing Abuja on Thursday for the event scheduled on November 10, 2023. With a focus on attracting more Foreign Direct Investment (FDI) and expanding business partnerships, Tinubu aims to highlight...
The Nigerian Naira faced a significant challenge in the foreign exchange market as it depreciated to N1,135 per US dollar on Wednesday at the parallel market. This represents a notable N15 or 1.35 percent depreciation compared to the previous day's exchange rate of N1,120. Currency traders...
Image Credit: Кирилл Венедиктов
Former Super Eagles captain, John Obi-Mikel, has shared a deeply personal and emotional story about his father's kidnapping in 2018, shedding light on a surprising offer of help from former Chelsea owner Roman Abramovich. Mikel's...
Peter Obi, the presidential candidate of the Labour Party, has strongly criticized the administration of President Bola Tinubu, asserting that Nigeria is facing a severe crisis. Obi's scathing comments come in response to the Supplementary Budget recently signed by the federal government, which...
In response to reports of cash shortages in some major cities across Nigeria, the Central Bank of Nigeria (CBN) has taken a resolute stance to ensure that old and redesigned naira notes continue to be recognized as legal tender nationwide. The CBN reaffirms that every banknote it has issued...
President Bola Tinubu has signed a N2.17 trillion supplementary budget for 2023 into law, aiming to address the nation's pressing security and economic needs. The signing took place in Tinubu's office at the State House, with prominent government officials, including George Akume, the secretary...
In a recent interview with Arise TV, the Catholic Bishop of Sokoto Diocese, Rev. Father Mathew Kukah, opened up about his longstanding criticism of former President Muhammadu Buhari's administration. Despite being one of the fiercest critics of Buhari's government, Kukah emphasized that his...
In a recent development, the Abuja High Court in Maitama granted bail to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). Emefiele was presented before the court by the Economic and Financial Crimes Commission (EFCC).
Justice Olukayode Adeniyi made the ruling...
In an unprecedented turn of events, the aviation industry in Nigeria has been thrown into turmoil, with unions directing the withdrawal of all flights to Owerri, Imo State, from airports across the country. This drastic move comes in response to the directive of the Labor Union, consisting of...
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