Tag Archives: Nigerias

Reactions keep coming in from several public figures following the statement Davido made during his recent interview. Convivial Afrobeats star, David Adeleke, best known as Davido, has been in the news recently, but not for his music. The American-born Nigerian superstar appeared on the The Big Homies House podcast where he shared his thoughts regarding people who may want to …

The National Bureau of Statistics (NBS) has announced that Nigeria’s unemployment rate decreased to 4.3% in the second quarter (Q2) of 2024, marking a decline from 5.3% in the previous quarter (Q1 2024).   According to the NBS report released on Monday, November 25, the unemployment rate reflects the percentage of the labor force actively searching for work but unable …

TVC presenter, Akashat Ny’mat, has knocked singer Davido for going on US radio programme to say Nigeria’s economy is in shambles. While speaking on a programme on the TV station this morning, Ny’mat couldn’t hide her displeasure at Davido’s comment. According to her, he de-marketed Nigeria by the comments he made about Nigeria and her economy. ‘’Asiwaju is taking a …

Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in real terms in the third quarter (Q3) of 2024, according to the National Bureau of Statistics (NBS).    This marks a 0.92 percentage point increase compared to Q3 2023, which had seen a growth of 2.54%. The growth also surpasses the 3.19% recorded in Q2 2024. The NBS attributed the positive …

The oldest Catholic priest in Nigeria, Rt. Rev. MSGR Thomas Oleghe, has d!ed at the age of 104.   Bishop of the Catholic Diocese of Auchi, Gabriel Dunia, who disclosed this in a statement said Oleghe passed away at approximately 2:30 am on Sunday, November 24, 2024.    According to the statement, he will be buried on Wednesday, November 27, …

Nigeria’s foreign reserves surged to $40.08 billion on November 7, 2024, marking their highest level in almost two years, as reported by the Central Bank of Nigeria (CBN). This increase reflects a $1.7 billion growth since the end of September, when reserves were at $38.3 billion. The rise is attributed to CBN’s policies encouraging foreign currency inflows through formal channels …

The Academic Staff Union of Universities (ASUU) has alleged that the World Bank and International Monetary Fund (IMF) are playing a role in undermining Nigeria’s public education system. ASUU President Prof. Emmanuel Osodeke voiced the claim during ASUU’s Heroes Day 2024-2025 ceremony in Abuja, expressing frustration over the government’s ongoing delay in renegotiating the 2009 agreement, despite years of advocacy …

Presidential spokesman, Bayo Onanuga, says contrary to popular opinion, President Bola Tinubu, did not acquire a new official jet but a refurbished one.   While speaking on Channels TV on Sunday, October 27, Onanuga said;   “It’s not President Tinubu’s plane, it belongs to the people of Nigeria, it is our property”   He said some jets in the presidential …

Former Nigerian President, Olusegun Obasanjo has lamented the size of debt being owed by the country, years after he left office in 2007. Obasanjo said he left Nigeria with about $70 billion, including a $45 billion reserve and $25 billion in a designated “excess crude” account. “I came in 1999 and met $3.7 billion in the reserve. And I have …

APC Chieftain has expressed concern over the recent report by the World Bank that Nigeria’s currency, the Naira, is the weakest in Africa.    In a post shared on his Facebook page this morning, October 18, Igbokwe wondered how this has happened when Nigeria is the ‘’most endowed country in Africa with the most educated people with excellent weather and …