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Foreign Direct Investment (FDI) into Nigeria fell sharply by 70.06% in the first quarter of 2025, dropping to $126.29m from $421.88m in the previous quarter, according to new data from the National Bureau of Statistics (NBS). The slump came despite a rise in total capital importation, as foreign investors poured money into short-term, high-yield instruments […]
In the quiet theatre of time, where history often whispers before it roars, there occasionally emerges a figure whose life is not merely a sequence of events, but a symphony of purpose. Senator Solomon Olamilekan Adeola, fondly known as Yayi, stands today at such a juncture. As he approaches his 56th year, the air in […]
This is not charcoal. This is oil, a single resource with the power to generate hundreds more. From fertilisers that feed crops read more Why the World can’t say goodbye to oil Source link
Chief Audu Innocent Ogbeh, was a man who straddled the worlds of politics, literature, and agriculture with rare ease. Known for his intellect, candour, and refusal to bend to political intimidation, Ogbeh lived a life that defied easy categorisation — farmer, playwright, minister, party chairman, elder statesman. Read also: Audu Ogbe dies at 78 Born on […]
…Extended invoice terms are crushing SMEs and stifling economic growth …It’s time for government and business associations to act In boardrooms and procurement departments across the world, a harmful and exploitative practice continues to gain ground—offering 60- to 90-day payment terms to small and medium enterprises (SMEs) for services rendered and goods delivered. What may […]
The 17 host communities that may be impacted by the new oil export terminal coming up in Rivers State, the Belema Sweet Terminal, have endorsed an Environmental Impact Assessment (EIA) report unveiled in Port Harcourt on Friday, August 8, 2025. The communities are all in Kula in Akuku-Toru local council area of Rivers State, some […]
Orji Uzor Kalu, the senator representing Abia North Senatorial District, has expressed appreciation to the leaders, stakeholders, and traditional institutions of Ohafia Local Government Area for the support and encouragement extended to him as their representative. Kalu also acknowledged the bond he shares with the people of Ohafia and reaffirmed his commitment to promoting peace, […]
Nigeria’s creative sector has always been a space for talent, with musicians, filmmakers, and artists gaining recognition. Now, a new group of creators is emerging: streamers. These individuals use platforms such as TikTok Live and Twitch to share live video content and connect with audiences in real time. Streaming has become a career option, offering […]
Manufacturers in Africa’s most populous nation have been called to embrace local machine building, making it central for driving industrial growth and reducing dependence on imported machinery. Experts at the ongoing Nigeria Manufacturing and Equipment/ Nigerian Raw Materials Expo (NME/NIRAM) 2025 warned that unless the country shifts from importing machines and equipment, its aspiration for […]
In Nigeria’s complex federal architecture of 36 states and the Federal Capital Territory (FCT), the locus of transformative governance has decisively shifted from Abuja’s corridors to state houses across the federation. The latest Phillips Consulting State Performance Index (pSPI) 2025 crystallises this reality with uncomfortable precision, revealing a federation in flux where some states are […]