How consumption, exportation hike price of bitter kola

Bitter kola, also known as Garcinia kola, is gradually becoming one of the highly sought products in Nigeria and other countries across the world. The nut is occasionally eaten by a few people, especially in the northern part of Nigeria as the region doesn’t grow it much, and it was initially sold cheaply as against […]

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Full list of governors set to pay above ₦70,000 minimum wage

Some Governors in Nigeria have approved a minimum wage higher than the benchmark approved by the Federal Government led by President Bola Tinubu. The Federal Government approved ₦70,000 after meeting with organised labour union. Here are Governors ready to pay above ₦70,000 minimum wage: 1. Governor Babajide Sanwo-Olu (Lagos State) – ₦85,000 On October 16, […]

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“I grew Nigeria’s FX reserves from $3.7 billion to $45 billion, saved $25 billion in ECA” — Obasanjo

Former Nigerian President Olusegun Obasanjo has recounted how he boosted the country’s foreign reserves from a meager $3.7 billion to $45 billion during his eight-year tenure. Speaking in an interview with News Central, which aired on Thursday, Obasanjo disclosed that he inherited a heavy debt burden upon assuming office. At the time, Nigeria owed $36 […]

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‘My joke about Gen Abacha almost led to my death’ – Ali Baba

Veteran Nigerian comedian, Ali Baba, has narrated how his joke about the former military leader, General Sani Abacha, almost ended his life. The 59-year-old reflected on the incident during his appearance on Leadership Podcast. Recalling the tense atmosphere surrounding one of his performances during Abacha’s regime, he said, “The first close encounter I had with […]

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Nigerians will miss Tinubu after he is gone

By Farooq A. Kperogi I fully anticipate that most Nigerians will figuratively call for my head after reading this headline. How could it be that a leader who has inflicted such profound and unrelenting hardship upon the populace, and who appears utterly disinclined to offer even the smallest relief, could ever be missed? (Tinubu’s wirepullers […]

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We can’t back Tinubu blindly like his supporters; he needs Osinbajo, Fayemi – Bala Mohammed

Governor Bala Mohammed of Bauchi State has said that President Bola Ahmed Tinubu has failed to bring the development he achieved when he was governor of Lagos State from 1999 to 2007. Speaking in an interview with Daily Trust published on Saturday, the Chairman of the Peoples Democratic Party (PDP) Governors Forum said he has […]

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Cabinet Reshuffle: ‘Sins’ of ministers sacked by President Tinubu

President Bola Tinubu has recently sacked six ministers in a major cabinet reshuffle. The reasons he rejigged his team for the third time, technically, since he was sworn in on May 29, 2023, are raising dust in the polity. Fresh insights on why the ministers were relieved of their duties emerged last night. Although, the […]

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Humphrey Nwosu: Life and times of June 12 poll umpire

Former Chairman of the National Electoral Commission Prof Humphrey Nwosu, needs no introduction in Nigerian politics. Adebayo Folorunsho-Francis chronicles his political journey and the role he played in the controversial June 12, 1993 election. On Thursday, the death of the former Chairman of the National Electoral Commission, Prof Humphrey Nwosu, was announced in the media. […]

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Nigerian oil firm secures million dollar deal in Grenada

Grenada is set to become a major energy hub as Nigerian oil and gas company, Oceangate Oil and Gas Engineering, has secured a historic multi-billion dollar deal with Global Petroleum Group, to launch one of the Caribbean’s largest oil and gas ventures. A statement by the Group CEO, Dr. Aisha Achimugu, made available to Punch […]

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Nigeria plans US diaspora bond, targets $1bn monthly remittances

The Central Bank Governor, Olayemi Cardoso, has said Nigeria is considering launching a diaspora bond in the United States as part of its strategy to achieve monthly remittance inflows of $1bn. The CBN chief disclosed this during an interview with Reuters on Thursday, held on the sidelines of the ongoing IMF/World Bank autumn meetings in […]

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