IMF retains Nigeria’s economic growth projection at 3.2% as global inflation decelerates

President Muhammadu Buhari The International Monetary Fund (IMF) has projected Nigeria’s economy to grow at 3.2 percent this year (holding on to its January projection) adding that growth will slow by 0.2 percentage points next year to three percent as global inflation is expected to continue to decelerate. The Fund also expects growth to slow […]

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Examining options for weaning Nigeria from debt risk

Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed The violation of section 38 of the Central Bank of Nigeria (CBN) Act, which restricts the amount the bank can lend to the Federal Government to a five percent cap of real revenues of the previous accounting year may trigger exchange rate-induced inflation. If this […]

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We need N40b to fix National Stadium, Lagos – Minister

Minister for Sports and Youth Development, Sunday Dare, has revealed that fixing the National Stadium, Lagos would cost about N40 billion. The national edifice, which was constructed in 1972 ahead of the 1973 All Africa Games hosted by Nigeria, has been in bad shape since the Federal Government abandoned it after the construction of the […]

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Soyinka condemns NBC’s sanction on Channels TV

• Says Project Nigeria Has Become Near Terminally Soul-Searing Nobel Laureate, Prof. Wole Soyinka, has condemned the N5 million fine imposed on Channels Television by the National Broadcasting Commission (NBC) over the March 22 interview it had with Labour Party (LP) vice-presidential candidate, Datti Baba-Ahmed. Soyinka, in a statement yesterday, said he watched the programme […]

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Electoral fraud, technology and future of Nigeria’s democracy

BVAS A major development in the just concluded 2023 elections was the incorporation of a new voter accreditation system that utilises digital technology tools such as the Bimodal Voter Accreditation System (BVAS) to prevent manual manipulation of figures. Chijioke Iremeka writes on the improvement of BVAS and other technologies brought to the country’s electoral processes […]

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National Stadium of shame, filth, 31 months after $1m facelift

When the National Stadium in Surulere, Lagos, was commissioned by General Yakubu Gowon’s regime in 1972, sports journalists and administrators across the globe called it ‘the new Mecca of sports’. And true to type, the colourful arena hosted the 1973 African Games, where Nigeria emerged as the champion for the first time. It hosted the […]

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How Tinubu Presidency will lift Nigeria – Oladunni

Former Mobil Executive Vice Chairman Otunba Solomon Oladunni, was among senior managers, who recruited the young Bola Ahmed Tinubu – fresh from America in 1983 – into the American oil giant. Forty years later, he speaks of what Nigerians should expect from the administration of the president-elect. He explains how Tinubu impressed the panel, made […]

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UN global body names Nigeria’s Tallen advocate for change

Nigeria’s team leader at the ongoing United Nations 67th session of the Convention on the Status of Women, (CSW) and minister of women affairs, Pauline Tallen, has been named the United Nations advocate for change by the Global Women Foundation Advocacy for Change and the Office of the Chief Ambassador, Donors. A statement signed by […]

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The Radiance chief executive, Ayoola recommends Ondo security model for all Nigerian states

Stresses journalists, writers, authors’ grave responsibilities By Banji Ayoola The chief executive of The Radiance, Mr Banji Ayoola, has recommended the domestication of the measures being taken by the Ondo State Government in all the 36 states and the Federal Capital Territory to tackle the prevailing insecurity challenges confronting the country due to frequent worrisome […]

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