Nigeria is in a precarious situation with its neighbours. Arms and ammunition slip in through the western border with the Benin Republic. From Cameroon in the east, militants launch intermittent attacks. But the biggest security threat is from the north where Nigeria shares a notoriously porous 1,698km border with two Lake Chad Basin countries: Niger […]
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An ex-journalist turned public relations manager cum entrepreneur, Kolapo Abiodun, shares his extraordinary journey after losing his sight to glaucoma with Temitope Adetunji. He spoke on how the life-altering experience not only sparked his passion for mastering assistive technology but also ignited an unwavering determination to thrive against all odds. Could you share your journey […]
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The World Bank has said that Nigeria, Angola, and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long period and may even increase it. The bank said that in its latest Africa’s Pulse report, where it focused on how the inflation outlook varied across countries on […]
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The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth $2.4bn. The CBN Governor, Olayemi Cardoso, disclosed this while speaking to the business community at a special summit dinner organised by the Nigerian Economic Summit Group, on Tuesday night in Abuja. He said […]
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The Minister of Power, Adebayo Adelabu, says there is a need to have power grids in different regions or states to put an end to incessant grid collapses. The minister stated this on Wednesday when he unveiled Hexing Livoltek, an electricity meter manufacturing company in the Lekki area of Lagos State. Adelabu also said grid […]
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The National Emergency Management Agency has deployed its emergency response team to Kogi State following the flooding of several communities in the state. This move aims to help proactively monitor the flood situation across the country, according to a statement by the agency on Wednesday. The statement noted that the team comprises staff specialised in […]
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By Abimbola Adelakun By now, you have probably seen Seyi, the president’s son, at presidential meetings and functions where he, ideally, has no business. Remember, his father had to ban him from attending the weekly meetings of the Federal Executive Council, saying his access was “undue.” Undeterred, Seyi still showed up at the swearing-in ceremony […]
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Barring any last-minute changes, the Peoples Democratic Party will postpone its National Executive Committee meeting originally scheduled for October 24 to allow governors to agree on political solutions to facilitate the exit of acting National Chairman Umar Damagum. Multiple high-ranking members of the PDP NWC, who spoke on condition of anonymity, stated that the NEC […]
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There was wailing on Wednesday in Majiya town, in the Taura Local Government Area of Jigawa State, following the explosion of a petrol-laden tanker, leading to the death of at least 153 people. It was reported that 94 persons died on the spot, while many injured others were rushed to Ringim General Hospital with doctors […]
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The Naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator in Lagos, Aliyu Sani, told The Punch that he sold dollars for N1705, and bought at 1,695/$. In Abuja, the rate was lower at N1,700. A currency trader, […]
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