Nigeria News
In a resounding victory, Nigerian musical sensation Asake, known as Ahmed Ololade, has claimed the coveted Prize for Music at the Future Africa Awards. This prestigious accolade recognizes outstanding young talents and celebrates their remarkable achievements. Asake's win not only highlights his rapid rise in the music industry but also his ambitious pursuit of a Grammy nomination. His journey is a testament to the boundless potential of young...
In a significant economic development, the US 10-year treasury yield has breached the 5% threshold, a level not seen in 16 years. This milestone comes as global investors brace for a potential interest rate hike by the US Federal Reserve. Despite recent assurances from Fed Chairman Jerome Powell about maintaining steady rates, the surge in yields suggests a shift in expectations. This news raises questions about its impact on economic growth,...
In a historic legal victory, Connected Development's CEO, Hamzat Lawal, lauds President Bola Tinubu for his unwavering commitment to Nigeria's financial interests. This achievement follows the dismissal of an $11.5 billion USD award and accumulated interest previously granted to P&ID in a London court. Lawal emphasizes the significance of justice, fairness, and patriotism in Nigeria's journey toward a brighter future.
Cote D’Ivoire's head coach, Jean-Louis Gasset, expresses caution regarding Nigeria in their AFCON encounter. Both teams have evolved, but he acknowledges Nigeria's enduring strength and the need for vigilance. The match's significance looms large in the 2023 Africa Cup of Nations.
In a heartwarming and emotional moment during his performance in Edmonton, USA, Nigerian singer Adekunle Gold, popularly known as AG Baby, was left in awe by his adoring fans. As he reached the peak of his show, he bowed his head, overcome by a flood of emotions, while the audience erupted into a frenzy, briefly relieving him of his role as the entertainer.
President Bola Tinubu has given the green light for the establishment of a humanitarian and poverty alleviation trust fund in a bid to combat the worsening poverty crisis in the nation. The fund aims to target an annual budget of $5 billion and will be governed by a board of experts. This initiative signifies a victory for the impoverished population, aligning with the government's renewed hope agenda.
The Nigerian Army, under Lt.-Gen. Taoreed Lagbaja's leadership, has bolstered its electronic warfare capabilities, addressing the convergence of electronic and cyber warfare at the Maiden Cyber Security Workshop. The event, themed "Role of Information Technology in National Security Against Cyber Threats," underscores the military's commitment to modernizing its defense strategies and cybersecurity measures. The Nigerian Army is focusing on...
MTN Nigeria's CEO, Karl Toriola, will be a key speaker at the 29th Nigerian Economic Summit, focusing on sustainable economic transformation and inclusion. This prestigious event brings together top leaders to discuss crucial economic strategies for Nigeria's future. Don't miss this insight into the nation's path to economic growth and inclusivity.
During a recent announcement, Nigeria's Finance Minister shared encouraging news of an expected $10 billion influx of foreign exchange within weeks. This promising development holds the potential to significantly bolster the country's economic stability and address ongoing forex market challenges.
In a promising development, Nigeria anticipates a $10 billion boost in foreign exchange within weeks, not months, as disclosed by Finance Minister Wale Edun. This revelation came during the Nigeria Economic Summit, where the Minister also unveiled President Tinubu's two executive orders aimed at enhancing liquidity in the forex market, amid ongoing challenges.