Nigerians spent $38.17m on foreign education between January and March 2024, according to data from the Central Bank of Nigeria’s first-quarter 2024 statistical bulletin. The amount spent crashed by 83 per cent from $218.87m recorded in the same period of last year. However, on a quarter-by-quarter basis, there was an increase of 54 per cent […]
Owners of local refineries in Nigeria, including the Dangote Petroleum Refinery, say they can help the country stop the importation of refined petroleum products in 18 months if the Federal Government works with their plans. The refiners, who spoke under the aegis of the Crude Oil Refiners Association of Nigeria, said there are other refineries […]
The Lagos State Emergency Management Agency on Thursday confirmed the death of three site workers on a building that collapsed at Arowojobe Estate in the Maryland area of the state. The agency’s Permanent Secretary, Dr Olufemi Oke-Osanyintolu, confirmed this in a statement made available to the News Agency of Nigeria. He said the incident happened […]
As part of preparations for the much talked about 1st August 2024 nationwide protest against economic policies of the Federal Government, the National Youth Council of Nigeria (NYCN) has initiated consultations and instructed its 104 affiliated youth organisations to remain on standby. It was reported that the proposed protest has been causing considerable tension and […]
Video streaming platform, Netflix, has once again increased its subscription prices in Nigeria with its Premium Plan going up by 40% to 7,000 from N5,000 per month. The latest price increment makes it the second price adjustment by the platform within the space of 3 months, having implemented a price increment earlier in April this […]
Office of the National Security Adviser (NSA), Mallam Nuhu Ribadu during an high-level meeting with the 36 State Governors held on Tuesday night, expressed worry over the growing momentum over the planned nationwide protest by some aggrieved Nigerians, and the need for government’s attention. The NGF Chairman, Governor AbdulRahman AbdulRazaq who confirmed this in the […]
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing “intense sales competition”, especially in the United States. The company and its domestic rivals are also struggling to stand their ground in China’s market as fast-growing electric vehicle firms backed by Beijing race ahead. Net profit in the […]
The Federal Government has announced a slash in allowances of foreign scholars currently stranded in Russia, Morocco, and Algeria, among others, by 12.7 per cent due to economic hardship in the country. The students in a swift reaction, lamented the debilitating impact the slash in allowances would have on the welfare of foreign lands. The […]
In the wake of growing hardship in the country and calls for a nationwide protest against President Bola Tinubu’s administration, the Federal Government yesterday pleaded with Nigerians for more time, promising to handle the protest as a ‘’family matter.” It also pledged to resolve all issues in a manner that will ensure the peace and […]
The media space was awash last week with revelations during the yearly Joint Admission and Matriculation Board (JAMB) National Policy meeting where the requisite scores for admission are agreed upon. The process usually starts with all institutions submitting their required scores, after which the heads of the institutions, which include vice chancellors, rectors, provosts, registrars […]
