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Thursday, October 31, 2024

News

Ondo gets new deputy governor

Ondo State Governor Lucky Aiyedatiwa has appointed Olayide Adelami as his deputy. The nomination followed the dissolution of the state cabinet on Wednesday. Adelami, former Deputy Secretary of the National Assembly, is from Owo, the same hometown of the late Governor...

Bonus: Tea causes ‘rift’ between UK and US

The recipe for how to make the best tea has led to banter between two Western allies, the United States and the United Kingdom. This is due to a claim by an American scientist, Michelle Francl, a chemistry professor at...

Naira is currently undervalued – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has described the Nigerian currency as “undervalued”. Cardoso stated this Wednesday at the launch of the Nigerian Economic Summit Group (NESG) Macroeconomic Outlook Report 2024. “We believe that the naira is...

Nigeria’s GDP to grow 3.5% in 2024: NESG

The Nigerian Economic Summit Group (NESG) on Wednesday said Nigeria's Gross Domestic Product will grow by 3.50 percent in 2024. The group made the forecast in its macroeconomic outlook report for 2024, titled “Economic Transformation Roadmap: Medium-Term Policy Priorities”, launched...

The presidency explains the transfer of the FAAN and CBN department to Lagos

We have observed how miscreants, bent on fueling unnecessary ethnic distrust, have deliberately misinterpreted the decision of the Central Bank of Nigeria to relocate its Banking Supervision Department to Lagos and the directive of the Ministry of Aviation and...

Education is key to building lasting peace, says Nigeria’s first lady

The First Lady of Nigeria, Oluremi Tinubu, has described education as key to achieving lasting peace in Nigeria. Mrs Tinubu said this in a statement on the occasion of this year's International Education Day, saying this year's theme, "Learning for...

Young Nigerians ready to learn and compete globally – Tinubu

President Bola Tinubu says Nigerian youth are vibrant, talented, eager to learn and ready to compete globally. In a meeting with Reeta Roy, President and CEO of the Mastercard Foundation, President Tinubu said his administration will strongly support public-private partnerships...

Nigerian stock index crosses record 100,000 points as big gains continue

Nigerian stocks extended their winning streak for the 10th consecutive day on Wednesday, as investors piled more funds into shares and buying pressure pushed the main stock index past the 100,000 basis point mark to its highest level ever....

University governing councils oppose Nigerian legislators’ directive

The Committee of Pro-Chancellors of State Universities (COPSUN) has asked the House Committee on TETFund to withdraw its recent directive to Nigerian tertiary institutions regarding allocations they received from the Tertiary Education Trust Fund (TETFund). COPSUN said the legislators' directive...

Nigeria targets 77% increase in IGR

Finance Minister Wale Edun says the federal government is targeting a 77 per cent increase in internally generated revenue (IGR). Mr. Edun, who is also the Coordinating Minister for Economy, said this on Wednesday in Abuja, at the...

Latest News

Gates Foundation praises Nigeria's 97% coverage in REACH implementation

The Bill & Melinda Gates Foundation (BMGF) has commended the Nigerian government for its success so far in achieving...