November 2, 2025
Lagos, Nigeria

Economy

Economy

Tinubu Offers Automatic Employment to 774 National Health Fellows

President Bola Tinubu has assured all 774 fellows of the National Health Fellows Programme of automatic employment upon completing their one-year tenure. “You are hired,” Tinubu declared during the programme’s official launch at the State House Conference Centre, Abuja, on Thursday. Approved by the President in April 2024 as part of his Renewed Hope Agenda,

Read More
Economy

Mark Okoye, SEDC and the fulfillment of a 54-year promise

For more than five decades, the south-east of Nigeria has carried the weight of an unfulfilled promise—one that many feared would remain an unspoken footnote in the nation’s history. The scars of the Nigerian Civil War left more than just a physical imprint on the region; they underscored a lingering economic disparity that successive administrations

Read More
Business Economy

Nigeria’s FX Reserves Drop by $1.31 Billion in February Despite Naira Gains

Abuja, Nigeria – Nigeria’s foreign exchange (FX) reserves declined by $1.31 billion in February 2025, despite a notable appreciation of the naira against major foreign currencies. Data from the Central Bank of Nigeria (CBN) shows that the reserves fell from $39.72 billion on January 31 to $38.42 billion by February 28, marking a 3.3 percent

Read More
Economy Politics

Tinubu Appoints Martins Imonitie as CEO of Nigerian Mining Corporation

Tinubu appoints Martins Imonitie as CEO of Nigerian Mining Corporation President Bola Tinubu has approved the appointment of Martins Imonitie as the chief executive officer (CEO) of the Nigerian Mining Corporation. Dele Alake, the minister of solid minerals development, announced while briefing State House correspondents at the end of the federal executive council (FEC) meeting

Read More
Economy

NCAA Announces Six-Month Shutdown of Ibadan Airport for Upgrade

The Nigeria Civil Aviation Authority (NCAA) has announced the temporary closure of Ibadan Airport for six months to allow for maintenance and upgrade works. The agency’s spokesperson, Michael Achimugu, disclosed this on Friday via his X (formerly Twitter) handle. The decision comes just eight months after President Bola Tinubu approved the upgrade of the airport

Read More
Economy

Supreme Court Halts Financial Allocations to Rivers State Government

The Supreme Court has ordered the Central Bank of Nigeria (CBN) and the Accountant General of the Federation to immediately cease further disbursement of financial allocations to the Rivers State Government. In a ruling delivered on Friday by Justice Emmanuel Akomaye Agim, the apex court stated that the order would remain in force until Governor

Read More
Economy

Davos Dialogues: Africa’s Path to Economic Renaissance

The 54th World Economic Forum took place in Davos, Switzerland from the 15th to the 19th of January, 2024. Themed, Rebuilding Trust, the annual event featured over 200 sessions that shape the trajectory of the world’s economic landscape. Amidst the diverse narratives throughout the 5-day event, one that resonated particularly strongly was the future of

Read More
Economy

Economic Renaissance and Soft Power Synergy: Nurturing Nigeria’s Global Influence through Creative Economy

As the world moves towards a sustainable and eco-friendly future, Nigeria is leaving behind its oil dependency to explore alternative energy sources. This shift promises an exciting chapter in Nigeria’s economic rejuvenation. In September, we embarked on a journey to explore new avenues for Nigeria’s economic renewal. Our first stop was the Ministry of Marine

Read More
Economy

Economic Renaissance: Building a Future on the Foundations of New Frontiers

When situated at the Earth’s midpoint, one can observe the rapidly evolving nature of the world. Through the combined efforts of both private and public sectors, human society is undergoing swift transformations, transitioning from a fossil fuel-dependent economy to an environmentally conscious one, replacing physical transactions with digital payments, and placing greater importance on ESG

Read More
Economy

Amid Tension: Nation Building Lessons from Afghanistan

As we watch the tragedy unfolding in Afghanistan, American forces having spent two decades there, we recognize that there have been bright spots—such as lower child mortality rates, increases in per capita GDP, and improved literacy rates; but amid the current tension, there are many lessons for African leaders to learn. Nation-building requires a strategy

Read More