THE National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.46 per cent in the third quarter of 2024 on a year-on-year basis. The NBS said this in the Nigerian Gross Domestic Product Report Q3 2024 released in Abuja. According to the report, this growth …
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Troops Neutralise 5 ISWAP Terrorists in Borno
THE troops of Sector 3, Multinational Joint Task Force (MNJTF) and Operation Hadin Kai (OPHK), have nutrialised five ISWAP terrorists in Kukawa Local Government Area of Borno. The troops also recovered arms and 40 motorcycles from the terrorists. Lt.-Col. Olaniyi Osoba, Chief Military Information Officer, MNJTF N’djamena, Chad, disclosed this …
Read More »Naira Depreciates by 1.39% against dollar at Official Market
THE Naira on Monday depreciated at the official market trading at N1,675.62 against the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N23. This represents a 1.39 percent loss when compared to the previous trading date on Friday, Nov. 22 when it …
Read More »Stock Market Opens Bearish, Investors Lose N123bn
THE Nigerian stock market opened with its bearish momentum on Monday to record N123 billion loss. Selloffs in Tier-one banking stocks namely, Guaranty Trust Holding Company(GTCO), Zenith Bank and FBN Holdings, underpinned the market’s weak performance. The market capitalisation, which opened at N59.292 trillion, shed N123 billion or 0.21 per …
Read More »ICPC Tracks N10bn Constituency Projects in Jigawa
THE Independent Corrupt Practices and Other Related Offences Commission (ICPC), says it has begun tracking N10 billion constituency and executive projects in Jigawa. Mr Ibrahim Garba, the Resident Anti-Corruption Commissioner in Kano State, said this in a statement in Dutse on Monday. Garba, who oversees the commission’s operations in Jigawa, …
Read More »Dismissed Edo Policewoman Threatens Murder, Suicide
A former police officer in Edo State, Inspector Edith Uduma, has threatened to kill herself and her children following her dismissal from the police force after she exposed an alleged rape incident involving a colleague. She accused the state police command of unjustly dismissing her, saying the public had not …
Read More »Comedian Okey Bakassi Recommends Polygamy as Best Form of Marriage for Africa
NIGERIAN comedian and actor, Okechukwu Anthony Onyegbule, popularly known as Okey Bakassi, said that polygamy was the most suitable form of marriage for Africa. According to him, “monogamy is failing, with many individuals only pretending to be content in such unions.” Bakassi shared his perspectives during an appearance on the …
Read More »Tax Reform: A tool For Equity and Sustainable Growth
IN an era marked by swift technological advancements, growing social inequalities, and shifting economic paradigms, tax reform emerges as a pivotal tool for societal transformation. Properly implemented, it can reduce poverty, bridge social divides, and catalyse sustainable development. Far from being a mere administrative necessity, tax systems can become a …
Read More »Nigeria to Launch 4 Satellites Under Renewed Hope Agenda – Tinubu
PRESIDENT Bola Tinubu says Nigeria will launch four satellites within the timeline of his administration’s Renewed Hope Agenda. Tinubu said this on Monday at the opening ceremony of the 25th Anniversary of Nigeria in Space in Abuja. The anniversary celebration was organised by the National Space Research and Development Agency …
Read More »Sierra Leone to Connect Mines to National Grid by 2040
SIERRA Leone has revealed an ambitious energy-transition roadmap, aimed at transforming the country’s energy infrastructure and reducing its reliance on fossil fuels. The new strategy requires mining companies to connect to the national grid by 2040, marking a significant step towards a cleaner and more sustainable energy future. This initiative …
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