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ECO: Strengthening Naira more beneficial than West African regional currency— Diplomat

As West African countries continue to dilly-dally on the adoption of a common currency, a former diplomat has advised the Nigerian government to strengthen the Naira and shun the Eco

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OPEC Leaves Production Plan Unchanged, Cancels Ministers’ Meeting

The Organisation of Petroleum Exporting Countries (OPEC) and its allies on Tuesday resolved to stick to plans for a phased easing of oil production restrictions from May to July. The

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Nigeria’s Actual Daily Oil Production Unknown, NEITI Insists

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday doubled down on its recent disclosure that Nigeria does not know its actual daily oil production. The Executive Secretary of the

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Samsung’s Lee Family to Pay more than $10.8bn Inheritance Tax, Donate Art

The family of late Samsung Electronics chairman Lee Kun-hee said on Wednesday they will pay more than 12 trillion won ($10.8 billion) in inheritance taxes for his estate and donate

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Terrorism in Nigeria Complex, Says UK Minister

British Minister for Africa, Mr. James Duddridge, at a meeting with Nigeria’s Minister of Foreign Affairs, Chief Geoffrey Onyema, said the disturbing trend of violence unleashed on Nigerians by Boko

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India’s Coronavirus Death Toll Surpasses 200,000 after Record Case Surge

India’s COVID-19 death toll surged past 200,000 on Wednesday as shortages of oxygen, medical supplies and hospital staff compounded a record number of new cases of the virus. India’s second

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IT firm moves to ease cloud transition for Nigerian SMEs

By Cynthia Alo Indigenous Information Technology solution provider, AkolagTech, has reiterated its commitment to enhancing cloud seamless transition for Small and Medium Scale Enterprises, SMEs, in Nigeria. This came even

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Nigeria: Northwest Governors Tambuwal, El-Rufai Rally States to Combat Banditry

Kaduna State Governor, Mallam Nasir el-Rufai, and his Sokoto State counterpart, Hon. Aminu Tambuwal, Tuesday called for cooperation among the seven states in the North-west in tackling banditry and kidnapping.

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Nigeria’s Lawmakers Lament Worsening Insecurity as Buhari Seeks US Help

Nigeria’s President Muhammadu Buhari on Tuesday reached out to the United States and other important and strategic partners for help in combating the worsening security challenges facing Nigeria. Buhari, during

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Recession Brewing: Private Sector Implores Nigeria Government to Save Economy as Insecurity Worsens

Members of Nigeria’s organised private sector (OPS) have urged the federal government to rise to the occasion and arrest the worsening insecurity in the country in order to salvage the