Experts at investment firm Afrinvest have emphasized the urgent need for action to address Nigeria’s debt profile and prevent further deterioration. This was highlighted in their latest macroeconomic update titled ‘Nigeria’s Debt Statistics… High Risk or Not?’ which analyzed the recent visit of IMF’s First Deputy Managing Director, Gita Gopinath. During her visit, Gopinath described
The Niger State Ministry of Communications, Technology, and Digital Economy has announced a partnership with African Women in Tech Sales (AWITS) to equip women in the state with skills in technology sales, thereby enhancing their participation in the growing digital economy. This partnership, disclosed in a statement on Tuesday, focuses on empowering women with the
Controversy surrounds the purchase of N5bn worth of vehicles for 40 lawmakers at the Lagos State House of Assembly, deepening the feud between Speaker Mudashiru Obasa and former Speaker Mojisola Meranda. Reports indicate that Meranda led the purchase of 39 vehicles for the lawmakers during the period when Obasa was removed as Speaker. However, it
The Federal Ministry of Transportation has refuted claims that its Minister, Said Alkali, diverted a $3bn railway project from the South-East to his home state, Gombe, for political reasons. Reacting to the report published by an online publication, the ministry, in a statement issued on Tuesday by its Director of Information, Janet McDickson, described the
The Senate recently suspended Kogi lawmaker Senator Natasha Akpoti-Uduaghan, accusing her of violating its rules just days after she submitted a petition against Senate President Godswill Akpabio. The controversy surrounding her allegations and suspension continues to make headlines. On Tuesday, the suspended Kogi Senator took her case to a global stage, seeking justice and intervention
Additionally, the government aims to enhance road toll collection this year as part of its infrastructure development initiative, dubbed the “Big Push.” On Tuesday, Ghana’s new government announced the elimination of several Covid-era taxes introduced to secure IMF financing, citing the economic hardship placed on ordinary citizens. Finance Minister Cassiel Ato Forson, presenting the government’s
Kyiv stated that the strikes should push Russian President Vladimir Putin to accept its call for a halt to long-range aerial strikes, a proposal Moscow has previously ruled out. In the early hours of Tuesday, Ukrainian drones targeted high-rise apartment blocks and parking lots on the outskirts of Moscow, marking the largest attack on the
President Bola Tinubu has called on all stakeholders in Rivers State to adhere to the rule of law to ensure lasting peace and prosperity. This appeal was made during a meeting with political leaders from the South-South region, including representatives of the Niger Delta under the Pan-Niger Delta Forum, at the Aso Rock Presidential Villa
In a tragic turn of events, the Ogun State Police Command has begun an investigation into the sudden death of 21-year-old Tosin Lawal, a heavily pregnant woman in Ilaro. Lawal, who was nine months pregnant, passed away on Monday after experiencing severe heart palpitations despite having no prior health issues. According to the police spokesperson,
Ukraine has endorsed an American proposal for a 30-day ceasefire and agreed to immediate negotiations with Russia during pivotal talks held in Jeddah on Tuesday. This decision comes after three years of intense conflict between the two nations. In the first high-level US-Ukraine meeting since President Volodymyr Zelensky’s confrontation at the White House, the United
