World Bank President Ajay Banga will begin a three-day visit to Nigeria on Thursday during which he will meet with President Bola Tinubu and Vice-President Kashim Shettima, the international lender said in a statement on Tuesday. The visit is referred to as the next step of a global tour that is at the centre of…
Prof. Adesoji Adesugba, Managing Director of the Nigeria Export Processing Zones Authority (NEPZA) has said the Authority was deploying series of measures, with the latest being the NEPZA Dispute Resolution Center (NDRC) to aggressively position the country’s Free Trade Zones as haven for unlimited investments. Adesugba made the remark in his welcome address at the…
The incident occurred opposite AP fuel station, close to a branch of the United Bank for Africa in the Oba Akran area of the state capital. There was panic in the Ikeja area of Lagos State on Tuesday as a helicopter crashed into a building and burst into flames. The incident occurred opposite AP fuel…
Panic has engulfed residents around Oba Akran in Ikeja, Lagos after a helicopter crashed into a building. The chopper whose details were yet unknown, was said to exploded as soon as it landed on the building located adjacent AP filling station and United Bank for Africa (UBA) on the commercial avenue. The incident, sources said,…
The country’s external reserves lost $167.2m in July, as the naira fell further to the dollar. Figures obtained from the Central Bank of Nigeria on movement of external reserves showed that the reserves which ended June 30, 2023 at $34.12bn, fell to $33.95bn as of July 28, 2023. In the past two weeks, the naira…
Grammy award-winning Nigerian artiste, Ayodeji Balogun, a.k.a Wizkid, has become the first African musician to earn the BRIT Billion Award for over one billion streams in the United Kingdom. The Starboy boss was presented with the award after his sold-out show at Tottenham Hotspur Stadium in London on Saturday. Wizkid has sold millions of units…
The Acting Inspector-General of Police, Kayode Egbetokun, has warned members of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) over their planned protest scheduled for Wednesday. DAILY POST reports that the unions had planned a nationwide protest against the removal of fuel subsidy by President Bola Tinubu. However, Egbetokun warned that although…
The Senate has directed the Comptroller General of the Nigerian Customs Service, (NCS), and the National Security Adviser, (NSA), to lift the subsisting restriction order placed on the supply of petroleum products to border communities. It argued that fuel subsidy removal by the federal government has substantially put paid to the smuggling of the products…
Holders the United States squeezed into the last 16 of the Women’s World Cup with a shaky 0-0 draw against debutants Portugal on Tuesday to finish second in Group E behind a rampant Netherlands. England will hope to have far less trouble when the European champions look to get the draw they need against China…
President Bola Tinubu, has arrived in Cotonou, the capital city of Benin Republic to attend the country’s 63rd Independence anniversary. The President is attending the independence anniversary of the West African nation as the special guest of honour. Tinubu was received at Cardinal Bernadin Gantin Gadjehoun international airport Cotonou by Benin Republic’s Senior Coordinating Minister,…
