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NEWS

My past criticism of Tinubu driven by desire for a better Nigeria – Minister

The Minister of Communications, Innovation and Digital Economy, Dr Olatunbosun Tijani, has said his past criticism of political leaders, including President Bola Tinubu, was borne out of his desire for a better Nigeria. Tijani, who made the remark on Monday, described Tinubu as a leader with the courage to tackle the country’s multifaceted challenges. Speaking with journalists at the inauguration of a solar-powered community ICT centre in Abeokuta, facilitated by […]

todayApril 1, 2025 4

NEWS

Nigeria, Belgium to strengthen economic cooperation

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced on Tuesday that Nigeria and Belgium are set to strengthen economic cooperation to bolster food security. The Director of Information and Public Relations at the Ministry of Finance, Mr Mohammed Manga, disclosed this in a statement he signed and released in Abuja. According to the ministry’s Director of Information, the minister and the Belgian Ambassador, Mr Pieter Leenknegt, held […]

todayFebruary 25, 2025 9

NEWS

Nigeria seeks EU approval to import non-hazardous waste

The European Commission on Monday received requests from Nigeria and 23 other non-members of the Organisation for Economic Cooperation and Development countries seeking inclusion in the list of nations eligible to import non-hazardous waste from the European Union. Non-hazardous waste, which accounts for 95.6 per cent of solid waste produced in Europe, includes municipal waste such as packaging, clothing, bottles, and plastics, as well as demolition materials like concrete, bricks, […]

todayFebruary 25, 2025 10 2

NEWS

Nigeria, China plan collaboration on military training, arms production

China announces CN¥1bn grant for Nigeria, others, to train over 7,000 military personnel The Federal Government says it is deepening its security partnership with the People’s Republic of China for local arms production and military training. It says this forms part of its broader strategy to tackle terrorism and other forms of insecurity within and outside its borders. Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, stated this when he briefed […]

todayJanuary 10, 2025 19

NEWS

Nigeria gets W’Bank $1.5bn for subsidy removal, tax bills

he World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies, The PUNCH reports. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements Nigeria has received with both tranches released in less than six months. According to a World Bank document , the […]

todayDecember 30, 2024 16

NEWS

Jimmy Carter a trustworthy, compassionate friend to Nigeria, Tinubu mourns

President Bola Tinubu on Monday extended his condolences to the government and people of the United States of America on the passing of former President Jimmy Carter, who died at the age of 100. Carter, a Nobel peace laureate who rose from humble beginnings in rural Georgia to lead the US from 1977 to 1981, died “peacefully” at his home in Plains, “surrounded by his family,” the Carter Centre said in a […]

todayDecember 30, 2024 25

NEWS

Nigeria has no reason to be poor, says Ooni of Ife

The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, has said that there is ‘No reason Nigeria should be a poor Nation.” The monarch also emphasised the untapped potential of cassava derivatives, such as sorbitol, starch, and ethanol, industries worth billions of dollars globally but underutilised in Nigeria. He also praised a farming facility, Agbeyewa Farms, for its transformative efforts in Ekiti North, turning a once insecure area into a […]

todayDecember 30, 2024 19

NEWS

Nigeria, others lose $1.6bn daily to illicit flows – AfDB

The African Development Bank has revealed that the continent loses about $1.6bn every day to illicit financial flows and profit shifting on the part of multinationals operating in Africa. This was disclosed by the Chief Economist of AfDB, Kevin Urama, in an exclusive interview According to the International Monetary Fund, illicit financial flows refer to the movement of money across borders that is illegal in its source (e.g. corruption, smuggling), […]

todayDecember 27, 2024 18

NEWS

World Bank may approve $500m loan to Nigeria today

The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday) to boost rural access and agricultural marketing in the country, The PUNCH reports. According to information obtained from the Washington-based institution on Thursday, the loan is for the Rural Access and Agricultural Marketing Project—Scale Up. It is designed to bridge the gap between rural communities and the broader […]

todayDecember 13, 2024 22

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