US President Donald Trump on Thursday renewed talk of seeking a third term in office, which is barred by the Constitution, in a highly political address to US troops in Qatar. Speaking to uniformed soldiers at the Al Udeid base, Trump again falsely claimed to have won the 2020 election against Joe Biden. “We won […]
The Naira extended its recent gains on Wednesday, closing at N1,596.70 against the US dollar at the official market, according to data from the Central Bank of Nigeria (CBN). The local currency strengthened by N3.33 compared to Tuesday’s close of N1,600.03 per dollar, marking a 0.21 per cent appreciation. Earlier in the week, the Naira […]
The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS) have partnered to address challenges around the mandatory physical verification required for Nigerians in the diaspora to obtain a Bank Verification Number (BVN). The solution known as ‘Non-Resident Bank Verification Number (NRBVN)’ is tailored towards addressing identified concerns that affect diasporas’ remittances and […]
An Igbo group, Njiko Igbo Forum (NIF), has frowned at the adoption of President Bola Tinubu as its candidate in the 2027 presidential election by the governor of Anambra State and leader of All Progressive Grand Alliance (APGA), Prof Charles Soludo. Njiko Igbo, in a statement made available to the media, said Igbo should be […]
A bill to amend the Electoral Act 2022 to make voting compulsory for Nigerians of voting age has passed second reading in the House of Representatives. The proposed legislation was sponsored by the Speaker, Tajudeen Abbas, and Daniel Ago. Leading the debate during plenary on Thursday, Ago said the bill aimed to encourage citizens’ participation […]
Special Adviser to the President on Energy, Olu Verheijen, says that the President Bola Tinubu-led administration attracted over $8 billion in deepwater oil and gas Final Investment Decisions (FIDs), in less than one year. Speaking at the just-concluded 2025 Africa CEO Forum in Abidjan, Côte d’Ivoire, Verheijen revealed that Nigeria has recently focused on improved […]
Sun King, the world’s largest off-grid solar company, has reportedly secured an $80 million loan to expand electricity access across Nigeria, according to a report by Bloomberg on Thursday. Bloomberg report that the company secured the loan of $80 million from the International Finance Corp. and Stanbic IBTC Bank Ltd. Sun King, formerly known as […]
Victor Osimhen scored twice on Wednesday night to break Turkish football’s single-season record for most goals by a foreign player and help the Istanbul giants lift the Turkish Cup with a 3-0 win over Trabzonspor. The Nigerian striker entered the final with 33 goals and needed two more to surpass the 34-goal mark set by […]
