#featured

World Bank Projects Increased Poverty in Nigeria in 2027, warned of increasingly economic fragility

The World Bank has given a serious view for the future of the Nigerian economy, projecting an increase According to the report, Nigeria, the most populous country in Africa and one of its largest economies, continues to face significant structural and institutional challenges that damage their capacity to reduce poverty significantly. Although simple growth in the non-miny sector, the World …

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The Nigerian government confirmed the installation of the N10BN Surya N10BN Grid for the Annual Annual Bill N47BN ASO Rock

The federal government has maintained its decision to install ₦ 10 billion solar power networks in the President of the President of ASO Rock, quoting annual electricity bills that swell ₦ 47 billion as unsustainable for the seat of power. This was revealed on Friday by the Director General of the Nigerian Energy Commission (ECN), Dr. Mustapha Abdullahi, during the …

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Peter Obi points to the fingers for the deteriorating poverty situation

Former Governor of the Candidate of the State President and Labor Party in 2023, Peter Obi, once again sounded an alarm about the deeper Nigerian poverty crisis, associating it with the failure of continuous political leadership. Obi made a statement when delivering a lecture entitled “Politics and Change in Nigeria” at Johns Hopkins University, United States, on Thursday. The event …

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The top 10 stories from all Nigerian newspapers, Friday, April 25

Here are the 10 top stories that become headlines throughout the country today. 1. ‘Your weak coalition has been destroyed’, Onanuga mocks Atiku The President’s aide, Bayo onanuga, has mocked the former Vice President Atiku Abubakar, stating that his efforts to form a coalition had collapsed. 2. Nigeria still prefers foreign goods, naseni raten in the midst of local technology …

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NGX: Persistent Strong Performance Pushes Investor Profits Passing N1Tr in 3 Days

The equity market closed positively once again on Thursday, extending running bullish for the third session in a row. This is even when investors get the N508BN, encouraging equity market profit margins through the N1 trillion sign in 3 days. The Equity Market obtained the N321BN after returning to the Easter holiday on Tuesday while recording the N342 billion profit …

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Naira continued his appreciation of the dollar in the official window

The Nigerian currency, Naira, made a little recovery against the US dollar on the official market on Thursday, April 24, 2025. Nigerian central bank data (CBN) shows that Naira appreciates N1, 601.82/$ 1 compared to N1.602.30/$ 1 which is traded on Wednesday. This represents the profit N0.48 for local currencies. In the black market, Naira spilled N2 to be closed …

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Ripplesmetrics: Nigeria lost N59.33 billion in five years due to fraud

Apart from many financial literacy campaigns and ponzi scheme collisions over the past decade, Nigerians continue to be victims of fraud, and the scale of losses is very surprising. For example, CBEX has added its name to the increase in high profile fraud that continues to increase in Nigeria, with more than ₦ 1.3 trillion reportedly sucked up from unpurder …

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The top 10 stories from all Nigerian newspapers, Thursday, April 24

Here are the 10 top stories that become headlines throughout the country today. 1. Delta Gov, Oborevwori, Okowa Dump PDP for APC The Governor of the Delta State, Sheriff Oborevwori, has officially discarded the people’s Democratic Party (PDP) for the decision of all the Progressive Congress (APC). Read more 2. Finnish Court Okay Extradition Simon Ekpa to Nigeria The Finnish …

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