Nigeria's export to key trading partners experienced a remarkable surge in the second quarter of 2024, bolstering the nation's foreign exchange reserves. According to the National Bureau of Statistics, exports to Spain, the United States, France, India, the Netherlands,...
Flour Mills of Nigeria Plc (FMN) has received approval from the Securities and Exchange Commission and the Nigerian Exchange Limited to proceed with a plan to buy out minority shareholders. The company's majority shareholder has offered to acquire the shares...
The Nigeria Mortgage Refinance Company Plc (NMRC) has secured $228 million in funding to address the country's housing deficit and promote economic growth and development. The funding, facilitated through a partnership with United States-based MiDA Advisors and Johannesburg-headquartered Standard Bank...
The Nigerian government has secured a $600,000 relief fund and commitments from the Bill & Melinda Gates Foundation to support flood relief efforts and bolster health and agricultural sector reforms. The announcement was made during a meeting between Vice President...
Vice President Kashim Shettima has warmly welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, hailing it as a significant endorsement of the administration's economic reforms and investor-friendly policies. The announcement came as the international maritime giant, DP...
The screening of prostate cancer has long been a complex and controversial issue. While early detection can be crucial, many prostate cancers are indolent, meaning they grow slowly and may never pose a significant threat to a patient's health....
Ibukunoluwa Awosika, the former Chairperson of FirstBank, has delivered a powerful message to female accountants, urging them to challenge the status quo and strive for leadership positions within their workplaces and professional organizations. Speaking at the 2024 Society of Women...
A dramatic escalation in the ongoing feud between WordPress.org and web hosting giant WP Engine has left many WordPress users in a precarious position. WordPress.org, the free open-source content management system (CMS) powering nearly 40% of websites globally, has...
The United Kingdom-funded Partnership to Engage, Reform, and Learn (PERL) program, which concluded after eight years of implementation, has been commended for its significant impact on governance and service delivery in Nigeria. Launched in 2016, PERL aimed to foster collaboration...
The National Bureau of Statistics (NBS) has released a report highlighting a significant surge in airfare prices within the country. In August 2024, the average fare paid by air passengers for specified routes on a single journey reached...