Nigeria’s GDP Grows by 3.46% in Q3 2024
Nigeria’s economy recorded a 3.46% year-on-year growth in Gross Domestic Product (GDP) in Q3 2024, surpassing the 2.54% growth from Q3 2023 and slightly higher than 3.19% in Q2 2024, according to the National Bureau of Statistics. The growth was powered by the Services sector, which expanded by 5.19%, contributing 53.58% to the GDP. The […]
Oyedepo’s jet requires clearance to depart from a private airstrip – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has stated that private planes, including those belonging to prominent individuals like Bishop David Oyedepo, cannot leave or enter Nigeria directly from private airstrips without proper clearance. Speaking on Politics Today on Channels Television, Keyamo emphasized that all aircraft must follow due process, landing at international […]
Simon Ekpa Arrested in Finland on Terrorism Charges
Simon Ekpa, a Finnish-Nigerian separatist leader, has been arrested in Finland along with four others on suspicion of terrorism-related activities, including incitement to violence and financing terrorism. The Päijät-Häme District Court remanded Ekpa on charges of public incitement to commit crimes with terrorist intent. Finland’s Central Criminal Police confirmed the arrests, stating that some suspects […]
Peter Obi Urges Agricultural Investment to Combat Hunger Crisis
Former Anambra State Governor and 2023 Labour Party presidential candidate, Peter Obi, has emphasized the need for increased investment in agriculture to tackle Nigeria’s worsening hunger crisis. During a visit to Mary Agro Farms in Ezeagu Local Government Area of Enugu State on Thursday, Obi praised the farm’s growth and innovative practices. “Between the time […]
Tax Reforms That May Worsen Poverty – Expert warns FG
Micheal Ale, a development expert and founder of the Global Initiative for Nigeria Development, has cautioned the Federal Government against implementing tax reforms he described as “a grossly capitalist policy” that could deepen poverty and stifle economic growth. In a statement released Thursday in Ado Ekiti, Ale urged the government to prioritize creating an enabling […]
Former UK Deputy PM John Prescott Dies at 86
John Prescott, Britain’s former deputy prime minister under Tony Blair, has passed away at 86, his family announced on Thursday. Prescott, who played a pivotal role in transforming the Labour Party, died “peacefully” in a care home on Wednesday, surrounded by family and the jazz music of Marian Montgomery, his loved ones shared. In a […]
Vinícius Júnior Discovers Cameroonian Roots Through DNA Test
Real Madrid star Vinícius Júnior has traced his ancestry to the Tikar tribe in Cameroon following a DNA test conducted by the Brazilian Football Confederation (CBF) in collaboration with AfricanAncestry.com. The test results were unveiled on Tuesday, November 19, 2024, during a ceremony at Fonte Nova Stadium. Vinícius was presented with a certificate confirming his […]
Obi’s Consumption-to-Production Agenda Lacks Policy Document – Okupe
Dr. Doyin Okupe, on Tuesday, assessed President Bola Tinubu’s administration, describing his policy framework as superior to those of his opponents in the 2023 presidential election, including Atiku Abubakar of the Peoples Democratic Party (PDP) and Peter Obi of the Labour Party. “Tinubu has a better policy document than any of his two rivals during […]
Senate ready to Approve $2.2bn Tinubu’s Loan Request
The Nigerian Senate is poised to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) loan request today. The loan is part of the external borrowing plan to fund the N28.7 trillion 2024 budget and address a N9.7 trillion deficit. Senate President Godswill Akpabio tasked the Committee on Local and Foreign Debts with reviewing the […]
NNPC Explains Port Harcourt Refinery Delay
The Nigerian National Petroleum Commission (NNPC) has cited unforeseen challenges as the reason for the delayed completion of the Port Harcourt Refinery, which missed its September 2024 deadline. NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, explained on Monday that the project, being a complex brownfield rehabilitation, encountered risks during commissioning. While mechanical completion was achieved […]
