President Tinubu’s yacht as a metaphor for improved slum architecture at Makoko, by Ahmed Yahaya-Joe “Nigerian politicians have the appetite of elephants but the memory of mice.” – Chidi Nnanna Amuta (2017) Between widespread accusations of leadership insensitivity and obvious bureaucratic...

At Saudi Summit, Arab Nations Knock Israel, Seek Peace in Palestine   The Joint Arab Islamic Extraordinary Summit, held in Riyadh, Saudi Arabia, has adopted a resolution on Israel's aggression against the Palestinian people. The resolution was passed at the end of...

FCT Tax Reforms Targets N300bn Annual Revenue   The Federal Capital Territory (FCT) is taking steps towards boosting its revenue streams. Currently, the FCT’s Internally Generated Revenue (IGR) is around N200 billion per year. With the implementation of these new initiatives, the...

NNPCL Restores Production of 275,000 bpd Following a peace deal brokered yesterday on by the Nigerian National Petroleum Company Limited (NNPCL) between the Management of TotalEnergies, operator of the NNPC / TotalEnergies JV, the Petroleum and Natural Gas Senior Staff...

'Inflation to Hit 30% by December'   KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel subsidy removal, and the unification of the foreign exchange market. The...

Eight Firms Record N918.1bn Currency Revaluation Loss   Eight firms have declared N918.1bn as currency revaluation loss following a 68.55 percent decline in the value of the naira against the dollar as of the end of September 2023. Following a Central Bank...