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Max Verstappen stormed to pole position for Sunday’s Japanese Grand Prix, smashing the track record and edging McLaren’s Lando Norris by just 0.012 seconds. Verstappen posted a stunning lap of 1:26.983 in his Red Bull to clinch his first pole of the 2025 season, ahead of Norris and fellow McLaren driver Oscar Piastri, who qualified […]
The Nigerian Federation contributed N247 billion to the Nigeria Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth fund, in 2024. This marks an over 1,000 percent increase from the N21 billion contributed to the fund in 2023. This contribution was partially responsible for the 96 percent growth in NSIA’s total assets to N4.42 trillion (~$3 billion). […]
In the trading week ended Friday April 4, Nigeria’s equities market decreased by 0.14 percent. Despite mild interest in banking stocks as investors position for dividends, stocks in other key sectors recorded sell pressure – insurance, oil & gas, and consumer goods leading the pack. Read also: Nigeria, U.S, other stock markets reel on Trump’s sweeping […]
Enzo Fernandez‘s powerful header secured a 1-0 victory for Chelsea against Tottenham on Thursday, propelling the Blues into fourth place in the Premier League and intensifying pressure on under-fire Spurs manager Ange Postecoglou. The Argentine midfielder’s goal early in the second half settled a fierce London derby at Stamford Bridge and marked Chelsea’s fifth win […]
The Office of the Senate President, Godswill Akpabio, has distanced itself from a planned rally purportedly organised in his support in Akwa Ibom State. In a statement issued on Wednesday, Akpabio’s Special Assistant on Media, Jackson Udom, said the rally, slated for April 4, 2025, is being arranged by a group known as the Progressive […]
J.P. Morgan has spotlighted Nigeria’s Open Market Operation (OMO) bills as a standout investment in frontier markets, citing the nation’s improving foreign exchange (FX) reserves and sweeping reforms at the Nigerian National Petroleum Company (NNPC) as key drivers of investor confidence. In its latest emerging markets report, the global investment bank reaffirmed its bullish stance […]
The Nigerian government has ordered the immediate reopening of the Independence Bridge in Victoria Island, Lagos State, because of heavy traffic jams. The Minister of Works, Dave Umahi, gave this order on Wednesday, according to a Daily Post. The full details of the order are not yet known at the time of this report. Read […]
Resilience and agility are no longer buzzwords reserved for tech start-ups or multinational conglomerates; they are essential attributes for every organisation in Nigeria. From small-scale enterprises seeking to expand their customer base to government institutions working to streamline service delivery, the ability to adapt quickly and remain steady under pressure is indispensable. The Strategic Foresight: […]
Nigeria’s domestic air travel declined in 2024, driven by aircraft shortages and soaring ticket prices that placed air travel out of reach for many passengers. Data from the Nigeria Civil Aviation Authority (NCAA) shows a 10 percent drop in passenger traffic, with numbers falling from 12.05 million in 2023 to 11.55 million in 2024. The […]
Akinyemi Law Songwriting Competition has concluded its sixth edition, with Egbaji Jeremiah Otokeh (Boy Bajii) winning first place and a $4,000 cash prize. Isreal Uroko (Ejiyk) and Samuel Ademuyiwa (Sleemsam) secured second and third place, receiving $750 and $250, respectively. Speaking about the competition, convener Akinyemi Ayinoluwa said, “We are excited to announce our winners […]