July 28, 2023

August 2023: Inflation to soar, FX market turmoil to continue — PwC

In its recent report titled “Nigeria Economic Outlook for August 2023,” published on Friday, renowned multinational accounting firm PricewaterhouseCoopers (PwC) predicts that the full adoption of market-oriented policies, including the removal of fuel subsidies and the implementation of a managed floating exchange rate system, will likely result in a further rise in inflation and heightened …

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There is nothing to cheer about Tinubu’s reforms – Olarewaju

Babatunde Olarewaju popularly known as (Bob Tarner), public health expert, is also chieftain of the People’s Democratic Party (PDP) in Lagos State and former senatorial aspirant for Lagos East in the 2020 by-election. In this exclusive interview with INIOBONG IWOK, spoke on the state of the nation, assessing the President Bola Tinubu’s administration. Excerpts: The …

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Glo-sponsored African Voices features Pheelz, Korede Bello, Toyin Abraham, others

The Glo-sponsored CNN African Voices Changemakers will this week beam its spotlight on African stars that have risen through thick and thin to excel in the film and music industry on the continent. The 30 –minute magazine programme will feature three Nigerians, and two other guests from Ghana and Senegal respectively. The guests are songwriter …

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Nnamdi Kanu orders Simon Ekpa to put an end to all ‘Sit-At-Home’

Nnamdi Kanu, the detained leader of the proscribed Indigenous People of Biafra (IPOB) on July 24, 2023, ordered Simon Egba, the outlawed leader to put an end to all Sit-At-Home exercises, including the Monday’s sit-at-home and any future proposed actions aimed at pressuring the government for his release, this is according to Sahara Reporters. This …

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Groups of ex-agitators say NDDC’s MD was in the trenches with them for Niger Delta emancipation

Groups of ex-militants (now known as ex-agitators) in the Niger Delta have confirmed that the present managing director of the Niger Delta Development Commission (NDDC), was in the trenches with them pressing for the emancipation of the oil region. The groups who came from the three phases of the Amnesty Programme said on Friday, July …

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El-Rufai’s energy ministry focuses on gas, petrochemicals

Nasir El-Rufai, former governor of Kaduna State, will head up the new Ministry of Energy focused on the larger strategic goal of using the Electricity Act 2023 to bring Federal and State government capacities to widen energy access for Nigerians. With the creation of a new ministry for energy and the appointment of a swashbuckling …

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Ogoni clean up: HYPREP commissions first water project

The Hydrocarbon Pollution Remediation Project (HYPREP) on Wednesday, 26th July commissioned its first water scheme in Barako community, Gokana Local Government Area of Rivers State. Presenting his welcome address at the event, the Project Coordinator, Nenibarini Zabbey, a professor, said that one of the cardinal mandates of HYPREP is to provide social amenities which include …

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Businesses in Nigeria must innovate for survival, excellence – Lawal

Businesses in Nigeria have been advised to innovate and be more creative in order to successfully ride the harsh economic storms. Ibidapo Lawal, chief executive officer, Neveah Limited gave the advice at a media event to mark the ninth-year anniversary of his company, recently. Lawal also said that despite the harsh operating environment affecting businesses …

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Uma Eleazu advocates ‘strategic autonomy’ for South East

Uma Eleazu, a renowned Economist and elder statesman, has advocated for the concept of “Strategic Autonomy”, where the Igbo of South East will control the economy of Nigeria from within as against agitation for a separate country. Eleazu made this known in Nvosi, Isiala Ngwa South country home of Governor Alex Otti when he paid …

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