Nigeria’s $6.84bn Balance of Payment Surplus Signals Economic Resilience and Stability
The Democratic Front (TDF) has hailed on April 21 Nigeria’s $6.84 billion balance of payment surplus for 2024 as a key indicator of economic strength […]
Bola Tinubu
Nigeria: Benue Violence Death Toll Revised Upward as Displacement and Insecurity Deepen
The number of fatalities resulting from recent attacks in Nigeria’s Benue State has been significantly revised, with at least 56 people now confirmed dead. The […]
Tinubu Heads to France as West African Military Leaders Strengthen Ties with Russia
Nigerian President Bola Tinubu is set to embark on a two-week visit to France, while Foreign ministers from three West African countries—Burkina Faso, Mali, and […]
Nigeria’s Economy Sees Strongest Growth in Three Years in Q4 2024
Nigeria’s economy experienced its fastest growth in three years during the fourth quarter of 2024, with a year-on-year increase of 3.84%. This marked a significant […]
Nigerians Fume as Telecom Giants MTN and Airtel Triple Data Prices Amid Economic Crisis
Nigerians are reeling from steep hikes in mobile data prices by MTN and Airtel, two of the country’s largest telecom providers, exacerbating an already dire […]
Tems Wins Best African Music Performance Grammy for ‘Love Me Jeje’
Nigerian singer Tems triumphed on February 3 over other notable African artists, including Yemi Alade, Burna Boy, and Wizkid, to claim the Grammy Award for […]
Nigeria reclaimed top spot in Africa’s oil and gas upstream investment ranking in 2024
Nigeria reclaimed its position as a leading destination for oil and gas investments in Africa in 2024, according to a new report by market intelligence […]
Nigeria reportedly saved $20 billion by ending fuel subsidies
In Nigeria, the removal of gasoline subsidies, initiated shortly after President Bola Tinubu took office in May 2023, has already saved the Government nearly $20 […]
Nigeria’s Fuel Subsidy Dilemma Deepens as Debt to Suppliers Soars
Nigeria’s state oil company NNPC faces mounting challenges as its debt to gasoline suppliers has surged to over $6 billion, doubling since April. This financial […]
Deadly Coordinated Bombings Shake Northern Nigeria
In a shocking display of violence, northern Nigeria was rocked by a series of coordinated suicide bombings that claimed at least 18 lives. The attacks, […]