By Ayomide Otitoju Nigeria’s economy is showing signs of recovery as the Central Bank of Nigeria (CBN) has reported a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year — a sharp turnaround from consecutive deficits of $3.34 billion in 2023 and $3.32 billion in 2022. In a statement released Wednesday,…
By Ayomide Otitoju World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala has warned that escalating trade tensions between the United States and China could slash merchandise trade between the two nations by up to 80 percent, dealing a major blow to the global economy. Her warning came on Wednesday following President Donald Trump’s announcement of a…
By Ayomide Otitoju Former Labour Party presidential candidate Peter Obi has issued a stark warning over the state of the nation, declaring that Nigeria is “collapsing” under the weight of bad governance, worsening poverty, and rising hardship. Obi made the remarks on Wednesday during the Labour Party’s National Executive Council (NEC) meeting held at the…
By Ayomide Otitoju Nobel Laureate Prof. Wole Soyinka and renowned Nigerian artist Chief Nike Okundaye have been honoured by the Pennsylvania House of Representatives and the Senate for their outstanding contributions to literature, art, and cultural preservation. The honours were conferred on March 26 during the unveiling of the African Cultural Festival 2025 at the…
By Ayomide Otitoju Former Permanent Secretary in the Lagos State Ministry of Economic Planning under the administration of the late Governor Lateef Jakande, Chief Tunde Fanimokun, has commended the Lagos State Public Service for its consistent excellence, integrity, and commitment to development. Speaking as the Special Guest at the inaugural Annual Distinguished Service Lecture organized…
By Ayomide Otitoju Jim Ovia, CFR, Founder and Chairman of Zenith Bank Plc, has been conferred with the prestigious Freedom of the City of London, one of the oldest and most respected civic honours in the United Kingdom. The distinguished ceremony took place at the Mansion House, City of London, celebrating Mr. Ovia’s remarkable contributions…
The Nigeria Union of Journalists (NUJ), Rivers State Council, has given the Rivers State Police Command a 14-day ultimatum to issue a public apology over the alleged assault on five journalists during a peaceful protest in Port Harcourt or face a total media blackout across the state. In a statement jointly signed by the Council…
FIFA has announced that referees officiating at this year’s Club World Cup will wear body cameras as part of a groundbreaking trial aimed at enhancing transparency and improving the viewing experience for fans and analysts alike. The initiative, approved last month by the International Football Association Board (IFAB), will debut during the 32-team tournament scheduled…
By Ayomide Otitoju Speaking at an energy conference in Cape Town on Monday, Afreximbank Executive Vice-President Kanayo Awani said the initiative is a step toward energy self-sufficiency for the continent. “The time has come for Africa to take control of its energy destiny,” Awani declared. “This facility will support the importation of key refined products…
