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Business and Economy
Naira Holds at N2,200/£ Despite Pound Weakness as UK Faces Economic Uncertainty
The naira remains steady at N2,200 to the British pound in Nigeria’s parallel market, even as the pound sterling undergoes a correction in global...
U.S. Embassy, Consulate in Nigeria to Close July 4 for Independence Day
The United States Embassy in Abuja and Consulate General in Lagos will be closed on Friday, July 4, 2025, in observance of U.S. Independence...
Flood: Kaduna Steps Up Dredging, Targets Flood-Free Season
The Kaduna State Government has commenced large-scale dredging and expansion of waterways in flood-prone areas, as part of proactive measures to prevent a repeat...
Microsoft to Cut 9,000 Jobs Globally in Second Wave of 2025 Layoffs
Microsoft has announced plans to lay off approximately 9,000 employees worldwide, marking its second significant round of job cuts this year as the company...
IMF Revises Nigeria’s 2025 GDP Growth Projection to 3.4%
The International Monetary Fund (IMF) has raised its forecast for Nigeria’s economic growth in 2025, projecting real GDP expansion of 3.4%, up from its...
Sokoto Government Clarifies Civil Servants’ June Salary Deduction
By Muhammad Ibrahim, Sokoto
The Sokoto State Government has clarified that only one-third of the June 2025 salary was deducted from civil servants' pay as...
FG to Unveil National Intellectual Property Policy in July to Boost Creative Exports
The Federal Government will launch Nigeria’s National Intellectual Property (IP) Policy and Strategy in July 2025, a key initiative aimed at safeguarding the rights...
Nigeria Must Embrace AI Surveillance to Build Future-Ready Capital Market — SEC
The Securities and Exchange Commission (SEC) has urged the adoption of Artificial Intelligence (AI)-driven surveillance as part of essential reforms to modernize and strengthen...
Benue SEMA Refutes Alleged Diversion of Relief Materials by Camp Officials
By Isaac Kertyo, Makurdi
The Benue State Emergency Management Agency (SEMA) has refuted allegations circulating on social media claiming that relief materials meant for Internally...
Fixing Nigeria’s Food Supply Chain Is Key to Ending Poverty
Despite years of government-led poverty alleviation initiatives, hunger in Nigeria continues to worsen. The problem isn’t the absence of social interventions — it’s that...
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