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Nigeria, Brazil Eye Direct Flight Link Between Lagos, São Paulo To Boost Bilateral Ties

Nigeria, Brazil Eye Direct Flight Link Between Lagos, São Paulo To Boost Bilateral Ties

Nigeria and Brazil are exploring the possibility of establishing direct flight operations between Lagos and São Paulo, in a bid to strengthen bilateral relations and boost trade between the two nations. The move comes following discussions between Nigeria’s President, Bola Tinubu, and Brazilian counterpart, Luiz Inácio Lula da Silva, during the 37th Ordinary Session of […]

AfDB Warns of Social Unrest Amidst Rising Prices Of Food, Fuel, Other Commodities

AfDB Warns of Social Unrest Amidst Rising Prices Of Food, Fuel, Other Commodities

The African Development Bank (AfDB) has sounded the alarm, cautioning that soaring prices of goods and fuel could ignite social turmoil, particularly due to opposition against government policies such as subsidy removal. In its latest report on macroeconomic performance and outlook for 2024, the bank projects a promising economic growth trajectory for the continent, surpassing […]

Naira Hits Record Low At N1,534/$1: Economic Turbulence Ahead?

Naira Hits Record Low At N1,534/$1: Economic Turbulence Ahead?

The Nigerian naira plummeted to an unprecedented low of N1,534 against the US dollar on the official Nigerian Autonomous Foreign Exchange Market. This grim milestone marks a 3.93 per cent drop from the previous week’s close, accentuating the currency’s downward spiral. “This is deeply concerning for our economy,” remarked financial analyst, Dr. Adebayo. “Such a […]

Nigerian Govt Engages U.S. In Chopper Crash Probe As Nation Mourns Prominent Losses

Nigerian Govt Engages U.S. In Chopper Crash Probe As Nation Mourns Prominent Losses

In a fresh development following the tragic chopper crash that claimed the lives of Access Holdings CEO Herbert Wigwe and several other prominent Nigerians, the Nigerian government has embarked on talks with U.S. authorities to ensure a thorough investigation. The crash, which occurred in California, USA, has sent shockwaves through Nigeria and beyond, prompting an […]

President Tinubu Signs Electricity Act Amendment Bill Into Law

Tinubu Signs Electricity Act Amendment Bill Into Law

In a move hailed as a victory for community empowerment and sustainable development, President Bola Tinubu has put pen to paper, signing the Electricity Act (Amendment) Bill, 2024, into law. This legislation, which passed through both chambers of the National Assembly last year, is set to revolutionize the relationship between power-generating companies and their host […]

Robot on mars – NASA

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also […]