This year marks 22 years since Nigeria returned to civil rule after years of military dictatorship that drained the economy, increased poverty, made people live life on the edge, rise in social unrest and forced many on voluntary exile. While Abdulsalami Abubakar, the then Head of State, kept to his…
As the world continues to unlock its social doors after a year’s hiatus owing to the Covid-19 pandemic, organisers of the annual Africa Fashion Week Nigeria (AFWN) will be collaborating with NTDC Tour Nigeria to return this year, with a most spectacular event. Focused on promoting indigenous emerging and established…
The removal of fuel subsidy is desirable as Nigeria can no longer afford the waste that goes into such venture. But it must be done with a human face. This is the opinion of many Nigerians. The Federal Government is also being criticised over the proposed N5,000 monthly transport support,…
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs across all 54 African countries, is giving out $5,000 seed capital each to 3369 female entrepreneurs. This implies that the Tony Elumelu Foundation is giving out a total sum of $16.8m non-refundable grant to young African female entrepreneurs as…
The new Omicron coronavirus variant – identified first in South Africa, but also detected in Europe and Asia – is raising concern worldwide given the number of mutations, which might help it spread or even evade antibodies from prior infection or vaccination. News of the variant prompted countries to announce…
A day after the federal government lifted sanctions on Emirates, the airline is yet to announce flight resumption. As at Saturday morning, information on the airline’s website states that Emirates direct flight operations to and from Nigeria is still on hold. “Affected flight bookings have been cancelled. If your flight…
South Africa shocked an already traumatized world in October last year when its scientists announced the discovery of a new covid of the coronavirus called Beta and just under eighteen months after, the world has another covid variant coming from the same country. Beta was first discovered in the Nelson…
Godwin Emefiele, governor of the Central Bank of Nigeria on Friday night said growth has returned to pre-pandemic levels. This, he says is due to growth-enhancing measures of the bank. Similarly, he has projected that gross domestic product (GDP) will grow at 3.10 percent for 2021 up from -1.8 percent…
The Federal Government Friday night said it has lifted the ban placed on Emirates Airline from operating out of Nigeria. This came after painstaking negotiations with the United Arab Emirates (UAE), Emirates Airlines home country, according to Hadi Sirika, minister of Aviation, who made the announcement. Briefing journalists in the…
The Central Bank Governor, Godwin Emefiele, said that the apex bank would establish an International Financial Centre at the Eko Atlantic City for investors seeking to invest in critical sectors of the economy. Emefiele disclosed this at the 56th Chartered Institute of Bankers of Nigeria (CIBN) Annual Bankers Dinner, on…