ABUJA – A prominent Nigerian economist has raised concerns over the country’s rising debt burden, cautioning that if left unchecked, it could have far-reaching consequences on national development, fiscal stability, and future generations. Speaking in an interview with KIIN360, the analyst explained that while borrowing is not inherently bad, especially when used for productive investments,
July 11, 2025 | Lagos, Nigeria — At the Afreximbank annual meeting, industrial magnate Aliko Dangote announced plans to double the capacity of his urea fertilizer plant, currently Africa’s largest, from 3 million to 6 million metric tonnes annually within 40 months. This ambitious expansion aims to end Africa’s reliance on imported fertilizer, estimated at
July 11, 2025 | Lagos – Guaranty Trust Holding Company (GTCO) is aiming for a 15% dividend yield and 25% return on equity (ROE) following its transformative secondary listing on the London Stock Exchange. Strong Financials GTCO reported a staggering ₦1.266 trillion pre-tax profit for 2024, up 108% year-on-year, boosted by a 12.3% rise in
LAGOS – Ahead of Saturday’s local government elections across Lagos State, the Nigeria Police Force has announced the deployment of no fewer than 30,000 personnel to maintain law and order, while issuing a stern warning to political thugs and mischief-makers to steer clear of violence or face the full weight of the law. The Lagos
UYO – The National Emergency Management Agency (NEMA), through its Uyo Operations Office, has stepped up efforts to curb the rising cases of tanker-related accidents and fire outbreaks in Akwa Ibom State by launching a robust public awareness and sensitisation campaign. The exercise, which kicked off with a road walk on Thursday in the state
July 11, 2025 | Port Harcourt — The Niger Delta Development Commission (NDDC), in partnership with the International Fund for Agricultural Development (IFAD) and the Federal Government, has officially kicked off the Livelihood Improvement Family Enterprises – Niger Delta (LIFE‑ND) project, allocating a combined $90 million to support agribusiness in Akwa Ibom, Rivers, and Imo
WASHINGTON D.C. – A growing demographic challenge is taking centre stage in countries across the globe as birth rates continue to fall to record lows, raising alarm over future economic stability, population sustainability, and workforce productivity. In the United States, the conversation has now reached the heart of national policy discussions, with President Donald Trump
MADRID – Spanish giants Real Madrid have ended their campaign with a worrying statistic that is now etched in the club’s storied history, conceding a staggering 84 goals across all competitions this season, the highest number ever recorded in a single season by the club. Despite their pedigree and rich trophy cabinet, Los Blancos struggled
MAKKAH – In a major step towards enhancing the spiritual and educational journey of pilgrims, the President of Religious Affairs at the Grand Mosque and the Prophet’s Mosque, His Excellency Sheikh Dr. Abdulrahman AlSudais, on Wednesday evening, officially launched the second edition of the Smart Enrichment Field Awareness Center at the Grand Mosque. The initiative,
July 11, 2025 — Walvis Bay, Namibia Nigeria’s Dangote Petroleum Refinery plans to construct a fuel storage complex in Walvis Bay with a capacity of at least 1.6 million barrels of gasoline and diesel, Reuters reports . The initiative is part of a strategy to enhance refined fuel supplies to southern African countries, including Botswana, Namibia, Zambia,
