News & Updates

.says no hiding place for BPP Ola Olukoyede, executive chairman of the Economic and Financial Crimes Commission (EFCC), has identified public sector corruption, particularly procurement and contract fraud, as Nigeria’s most significant challenge. According to him, these issues account for over 90 percent of fraud in the public sector. Olukoyede made this known during a […]

The International Press Institute (IPI) has named Scott Griffen as its new executive director. Griffen has been temporarily leading the organisation since June 2024. IPI’s Executive Board Chair Márton Gergely explained why they chose Griffen at this difficult time for journalism: “As we start the year 2025, IPI’s work has never been more important. Attacks […]

The University of Jos has entered into a strategic partnership with an international Consulting Firm, Royal CBS Group Limited, aimed at generating funds and marketing the upcoming Nigerian University Games Association (NUGA) competition. The partnership was sealed on Friday in Jos with the signing of a Memorandum of Understanding (MOU) between both parties. Tanko Ishaya, […]

The AfCFTA Protocols on digital trade and trade in services represent powerful tools for transformation, presenting unparalleled opportunities for Nigeria to elevate its economic profile. These protocols, designed to enhance trade and economic integration across Africa, are particularly significant for Nigeria, as they offer pathways to boost economic competitiveness, accelerate job creation, and foster inclusive […]

The Federal Ministry of Agriculture and Food Security (FMAFR), in collaboration with the National Identity Management Commission (NIMC), has launched digital identity cards featuring multiple wallets for farmers and other Nigerians. This initiative aims to enhance food security and drive growth in the country’s Gross Domestic Product (GDP). This was contained was in a statement […]

Sheikh Mohamed bin Zayed Al Nahyan, the United Arab Emirates (UAE) president, has expressed his country’s desire for a stronger economic ties with Nigeria, even as he has accepted an invitation to visit Nigeria this year. Bayo Onanuga, presidential spokesman, in a statement on Thursday, said the UAE president has accepted the invitation to visit […]

The West Africa Industrialisation, Manufacturing & Trade (West Africa – IMT) Summit and Exhibition expected to hold in Lagos, Nigeria, will unlock West Africa’s full industrial potential and pull multi-billion dollar investments to Africa, organisers of the event have said. The landmark edition of the West Africa – IMT summit and exhibition planned to hold […]

There has been a flurry of projections all pointing towards a decline in inflation this year but Nigerians are wondering if the slowdown will be a mere statistical decline or if it will lead to lower prices. Drawing on historical data, expert insights, and real-world examples, falling inflation indicates price stability but does not guarantee […]

Nigeria has lost $310 billion in its gross domestic product (GDP) in the last decade, driven by naira devaluation, low productivity and stagflation – a combination of high inflation, stagnant economic growth and elevated unemployment. The economy, which was once the largest in Africa following Nigeria’s GDP rebasing in 2014, has slipped to fourth behind […]

Nigerians are left guessing whether to expect inflation report as the site remains inaccessible on the eve of the report release “Hello @NBS Nigeria. You are playing an important role in Nigeria and you know it. Your website has been down since last year, this is taking so long,” A Ni The outcome of the […]