…to revive Achara Ugbo farm, shoe Industry, others As part of efforts to create wealth and employment opportunities for jobless youths in the State, the Imo State Government has signed a Memorandum of Understanding (MoU) with Janpur Group on the restoration of some moribund investments in the State. The planned restoration of some State-owned factories

The Central Bank of Nigeria (CBN) has said penalties totaling N15 billion were imposed on 29 banks for violations of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. This was disclosed by Olayemi Cardoso, CBN governor, during the 2024 Bankers’ Night organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos. In his

The Nigeria Labour Congress (NLC) has ordered its members to begin strike in 14 states and the Federal Capital Territory (FCT) for failure to implement the minimum wage. The labour Union had, on November 10, given states up to December 1 to implement the minimum wage or face industrial action. The NLC had expressed deep

Central Bank of Nigeria Governor Olayemi Cardoso gave a clear signal that high interest rates would be eased in coming months if inflation pressures cool as expected. Cardoso said that the CBN’s cumulative 875 basis points of rate increases this year were an “essential move” to contain inflation and restore stability, before assuring his audience

The Federal Government has announced the commencement of malaria vaccination for children, starting December 2nd 2024, in Bayelsa and Kebbi States. The vaccination rollout will utilise the 864,200 doses of the R21/Matrix-M malaria vaccine which Nigeria received from Gavi, the Vaccine Alliance in October. According the National Primary Healthcare Development Agency (NPHCDA), vaccine will be

The Nigerian Armed Forces thwarted an oil theft operation worth Eight Hundred and Eighty Nine Million Two Hundred and Thirty Three Thousand Twenty Naira (N889,233,020.00), apprehended 61 suspects involved in illegal activities, and rescued 129 kidnapped hostages in various military operations across the country. This was disclosed in a statement issued on Friday by Edward

Migration is a growing trend, and many Yoruba Nollywood stars have embraced the popular “japa” movement, leaving Nigeria for a new life abroad.  While some continue to stay connected to entertainment, others have chosen new paths outside the industry. Here are seven stars who made the decision to relocate: Funsho Adeolu The quiet and reserved

Mantra is constantly looking for ways to incorporate cutting edge technology into their security services in Nigeria. It is for this reason that the company is a very active member of the American Society for Industrial Security (ASIS International) Chapter 206 Lagos and often sponsors events that share knowledge and expertise to benefit the whole

Dr. Ngozi Okonjo-Iweala has been reappointed as the Director-General of the World Trade Organization (WTO) for a second four-year term, starting September 1, 2025. The decision was made unanimously by WTO members during a special meeting on November 28-29, 2024. A Smooth Reappointment Process The process for reappointment began on October 8, 2024, led by

In today’s world, having a second passport can provide greater freedom, travel opportunities, and financial advantages. For Nigerians, obtaining citizenship in another country can often be achieved through investment programs, commonly referred to as “citizenship-by-investment” (CBI). These programs allow individuals to gain citizenship in exchange for a financial commitment, such as a donation, property purchase

In Africa, economic problems often make health issues worse, and poor healthcare can harm every part of a country’s development. Despite these challenges, some African countries are improving their healthcare systems and reducing health problems. This list is important because having a good healthcare system is key to achieving the United Nations Sustainable Development Goal

“Sub-Saharan Africa’s top three universities are all in South Africa, but Ghana and Kenya are growing in strength, the latest Sub-Saharan Africa University Rankings reveal.” So reports The World University Rankings about its Sub-Saharan Africa rankings. It features 129 universities from 22 countries. Ellie Bothwell, the rankings editor, [email protected], remarked that this second year of