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Former Commonwealth Secretary-General, Chief Emeka Anyaoku, on Wednesday, warned that if Nigeria refused to do away with the 1999 Constitution, it would be hard for anyone to fix the country. He described Nigeria as a pluralistic country that needed to address its diversity with true federal constitutions. “To those who think that the trouble with Nigeria today is the political leadership, I would say that as long as we have […]
Nigerians rank among the world’s top social media users, with 2024 data placing the country fifth globally for average daily time spent online. According to figures from Cable.co.uk and We Are Social in 2024, posted by World of Statistics on X on Sunday, Nigerians spend an average of 3 hours and 23 minutes per day on social media. Leading the list is Kenya, where people spend the most time on […]
The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy. This was according to a joint press statement from the IFC and the CBN on Monday. The agreement, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, will […]
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal Government in strengthening human capital through better health for women, children and adolescents. It added that the approved projects would also help build resilience to the effects of climate change, such as floods and drought, by improving dam safety and irrigation. […]
President Bola Tinubu has called on world leaders to prioritise debt forgiveness for Nigeria and other developing countries from creditors and multilateral financial institutions. The President also asked the United Nations to commit to multilateralism by deepening relations among member states, in line with the principles of inclusivity, equality and cooperation. Tinubu, who is the Chairman of the Authority of Heads of States and Government of the Economic Community of […]
IELPN Maps Out Robust Strategy To Tackle Challenges Bedeviling Education In Nigeria By Our Reporter The Institute of Educational Leadership Practitioners of Nigeria, says it is mapping out innovative solutions to address the challenges facing the education sector in Nigeria as it calls for papers ahead of this year’s international conference of the institute. This is as the institute is planning to host its annual conference on August 14th and […]
Founder and Senior Pastor of Daystar Christian Centre, Sam Adeyemi, has revealed the reasons behind his relocation to the United States. He said this during a virtual interview with Seun Okinbaloye on his programme ‘Mic On’ podcast, where the duo discussed Leadership Beyond Governance Politics and the Role of the Younger Generation in Nigeria. The video, lasting one hour, thirty minutes, and forty-seven seconds, was streamed on the Mic On […]
International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing the non-remittances by the consumers. Also, another group of customers categorised as bilateral power consumers did not remit about N7.61bn to the Nigerian power sector in 2023. The Nigerian Electricity Regulatory Commission condemned the development, describing it as a payment […]
While acknowledging the immense potential for hydropower development in Africa, he said it is important to also consider responsible development. He said, “We must address environmental concerns around dam construction and ecosystem disruption, alongside social impacts on local communities. This requires a commitment to sustainability, stakeholder engagement, and innovative solutions to financing these large-scale projects.” The minister previously stated that for several decades, hydropower has played a significant role in […]
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