- Economy
Poor resource management behind Nigeria’s poverty woes — IMPI
The Independent Media and Policy Initiative (IMPI) has attributed Nigeria’s persistent poverty levels to decades of poor management of the nation’s vast resources and the implementation of inappropriate economic policies. In a policy statement signed by its Chairman, Dr. Omoniyi Akinsiju, the think tank said Nigeria’s poverty crisis was “a self-inflicted economic malady” worsened by the mismanagement of revenues earned…
Read More » - Economy
Smart Residences redeems N2.5billion Commercial Paper, strengthens position as Nigeria’s hospitality powerhouse
Smart Residences Limited (SRL) has fully redeemed its N2.5 billion Series II Commercial Paper, reinforcing its reputation for financial discipline, transparency, and investor confidence in Nigeria’s hospitality and real estate sectors. Strong investor participation saw the issuance fully subscribed, reflecting confidence in SRL’s business fundamentals, growth strategy, and consistent delivery on commitments. Through its Gidanka brand, SRL continues expanding its…
Read More » - National News
President Tinubu celebrates Chief Kessington Adebutu at 90, Asiwaju Olayinka Fasuyi at 70
By Kunle Sanni – President Bola Tinubu has extended warm felicitations to two distinguished Nigerians — Chief Kessington Adebukunola Adebutu and High Chief Olayinka Fasuyi — as they mark landmark milestones of 90 and 70 years, respectively. In separate tributes released on Thursday, the President described both men as exemplary figures whose lives of service, innovation, and philanthropy have left…
Read More » - Homeland News
Oyo State rejects FG’s ownership claims on revoked lands
By Adejayan Gbenga – The Oyo State Government has challenged the federal government’s claims over the ownership of several properties in the state, insisting that the affected lands were lawfully revoked and reallocated after years of abandonment and misuse. The Commissioner for Lands, Housing and Urban Development, Akinfunmilayo Williams, stated this during a press briefing in Ibadan on Thursday. Williams…
Read More » - Economy
NEC endorses roadmap to build $1 trillion Nigerian economy by 2030
By Kunle Sanni – The National Economic Council (NEC) has approved a comprehensive roadmap aimed at transforming Nigeria into a $1 trillion economy by 2030. The decision was reached during the Council’s 153rd meeting held yesterday at the Presidential Villa in Abuja. The meeting—the sixth of 2025—was presided over by Vice President Kashim Shettima and attended by President Bola Tinubu,…
Read More » - Economy
Nigeria’s oil revenue drops 21% below target in Q4 2024 – Budget Office
By Kunle Sanni – Nigeria’s oil earnings fell short of expectations in the last quarter of 2024, with the federal government recording a net oil revenue of ₦3.34 trillion, about 21 percent below the quarterly budget estimate of ₦4.24 trillion, according to the latest report from the Budget Office of the Federation. In its Q4 2024 Budget Implementation Report, the…
Read More » - Perspectives
The Mambilla Plateau: heaven’s balcony in Nigeria, by ‘Dayo Adedayo
It was another beautiful morning. At exactly 5:10 a.m., I began my walk, the streets still wrapped in sleep and the air crisp with promise. In my ears, the golden voice of Chief Commander Ebenezer Obey flowed like a familiar prayer. His timeless songs, “Africa Is My Home” and “No Place Be Like My Country” became my companions, each lyric…
Read More » - Crime & City Diary
Interpol confirms arrest of 11 high-profile terror suspects in Nigeria
The International Criminal Police Organisation (Interpol) has arrested 11 suspected senior members of various terrorist groups in Nigeria as part of international operations against terrorism financing and related crimes. In a statement announcing the outcome of the operation, Interpol disclosed that the exercise targeted terrorism financing networks and other illegal activities that support extremist operations. More than 15,000 persons of…
Read More » - Sports
No Nigerian referee listed as CAF picks 94 officials for AFCON preparatory course
The Confederation of African Football (CAF) has released a list of 94 referees, video match officials, instructors, and technical assessors selected for a preparatory course ahead of the 2025 Africa Cup of Nations (AFCON), with no Nigerian included. The camp, scheduled for November 8 to 13 in Cairo, Egypt, will serve as part of CAF’s final readiness process before the…
Read More » - Business
Nigeria leads Africa’s entertainment and media growth at 11.2% – PwC report
Nigeria has emerged as Africa’s top-performing entertainment and media (E&M) market, recording an impressive 11.2 per cent growth rate in 2024, according to the latest report by PricewaterhouseCoopers (PwC). The report, titled “Africa’s E&M Shift: Fast, Focused and Future-Ready (Perspective from the Africa Entertainment and Media Outlook 2025–2029)”, ranked Kenya and South Africa next with 7.1 per cent and 6.2…
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