Anambra has emerged as the best-performing state in the federation, surpassing Lagos and 33 other states, according to BudgIT’s 2025 fiscal performance ranking. The ranking is contained in BudgIT’s 2025 edition of the State of States Report, released on Tuesday, October 28. The flagship report, themed, 'A Decade of Subnational Fiscal Analysis: Growth, Decline and …
A former director-general of the Securities and Exchange Commission (SEC), Arunma Oteh, has called for urgent action to mobilise long-term capital, accelerate infrastructure development, and decentralise the management of Nigeria’s mineral resources to unlock sustainable growth. She made the call at the Oxford Global Think Tank Leadership Conference on Tuesday, October 28 in Abuja. Oteh, …
The outcomes of key events taking place this week will determine the direction and performance of the global stock and crypto markets in the fourth quarter of the year. This is in terms of rates, liquidity, earnings, and global trade - four forces that decide how money moves in the market. The Federal Reserve (FED) …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigeria National Petroleum Company Limited (NNPCL) have pledged to continue taking practical steps towards overhauling downstream infrastructure to boost energy sector growth. The agencies made the pledge at the ongoing 2025 Oil Trading and Logistics (OTL) Africa Downstream Energy Week in Lagos. Delivering his …
Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has called for massive investments in the oil and gas sector to reduce Africa’s spending on hydrocarbon imports. The minister made the call during his keynote speech at the opening ceremony of the 2025 Oil Trading and Logistics (OTL) Africa Downstream Energy Week in …
In its quest to expand capacity, the Dangote Refinery located in Lagos has approached the African Export-Import Bank (Afreximbank), seeking a $5 billion loan to fund the project. New president of the bank, George Elombi, revealed this during his inaugural address at Afreximbank’s investiture ceremony in Cairo. Elombi, who stated that Aliko Dangote personally gave him …
The Nigerian Meteorological Agency (NiMet) has forecast mixed weather conditions, including dust haze, rainfall, and possible flooding, across parts of the country from Monday to Wednesday. In its three-day weather outlook released Sunday in Abuja, NiMet predicted slight dust haze with good visibility over Borno, Zamfara, northern Kaduna, Yobe, Jigawa, Kano, and Katsina States on …
Boluwatife Balogun, 14-year-old son of Nigerian music superstar Wizkid, has stirred excitement online after sharing a clip that hints at his debut single. The young talent, already showing signs of musical confidence, may be preparing to follow in his father’s famous footsteps. In a short Instagram video titled “Champion’s Arrival,” Boluwatife was seen recording in …
Senator Ned Nwoko, Nigerian politician and husband of Nollywood actress Regina Daniels, has defended his polygamous lifestyle, saying having only one wife is like “standing on one leg.” Nwoko made the comment during an interview on Sunday night while reacting to reports of a marital crisis with his fourth wife, Regina. Explaining his stance, the …
The Nigerian Association of Resident Doctors (NARD) will begin an indefinite nationwide strike on November 1, 2025, following the Federal Government’s failure to meet its demands. NARD President, Dr. Mohammad Suleiman, announced this in a statement on Sunday, noting that the decision came after the 30-day ultimatum earlier issued to the government expired. After a …
