Ethiopia has successfully recovered an important piece of its cultural heritage: the ceremonial shield of Emperor Tewodros II, taken by British forces during the 1868 Magdala War. This significant artifact, seized during the British expedition to Abyssinia, has now returned to Ethiopian soil after 156 years. The handover ceremony was attended by officials from the…
LAGOS – Nigeria’s foreign reserves have experienced a significant boost, with the Central Bank of Nigeria (CBN) recording an average net inflow of $2.35 billion each month, according to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. Edun made this announcement during the 2024 Access Bank annual corporate forum held in…
On Saturday, the Presidential Compressed Natural Gas Initiative (P-CNGi) launched a key phase of its plan to reduce fuel costs by distributing and installing compressed natural gas (CNG) kits to commercial motorists in Ogun State. This initiative aims to convert petrol-powered vehicles to run on the more affordable and environmentally-friendly CNG. At the launch event…
For those who have worked hard to acquire property and other assets, it’s crucial to ensure that someone will inherit these assets in the event of their passing. Beyond physical properties, many people die with money in their bank accounts and various e-commerce apps. Recently, a trend emerged on social media where people joked about…
The Dangote Refinery, touted as the world’s largest single-train refinery, has entered a crucial phase of its development. This facility, located in Lagos, Nigeria, is not just a remarkable feat of engineering but also a potential game-changer for the nation’s energy sector and the broader African economy. The refinery has now commenced test runs for…
Updating your National Identification Number (NIN) details in Nigeria has been made easier with the National Identity Management Commission’s (NIMC) online portal. This guide will help you navigate the process, ensuring your information is accurate and up to date, all from the comfort of your home. Why Update Your NIN Details? In Nigeria, your NIN…
The Economic Community of West African States (ECOWAS) is set to introduce a groundbreaking protocol that will require Western nations to pay interest on repatriated looted funds and artefacts. This development was revealed by Ola Olukoyede, the President of the Network of Anti-Corruption Institutions in West Africa, during the 6th Annual General Assembly of the…
On Monday, President Bola Ahmed Tinubu embarked on a trip to France using a newly acquired presidential aircraft. This development has raised eyebrows across Nigeria, particularly given the ongoing economic challenges facing the country. The new jet, an Airbus A330-200, reportedly landed in Nigeria on Sunday, August 18, 2024, just in time for the President’s…
In a significant victory for online activism, the Speaker of the Nigeria House of Representatives, Tajudeen Abbas, has withdrawn the controversial ‘Counter Subversion Bill’ following widespread public outcry. The bill, which aimed to penalize Nigerians for refusing to sing the national anthem and other activities deemed “subversive,” faced severe criticism for potentially infringing on human…
Nigeria’s crude oil production experienced a modest rise in July 2024, according to the latest data released by the Organisation of the Petroleum Exporting Countries (OPEC). The country’s average daily output reached 1.307 million barrels per day (mbpd), reflecting a slight improvement from the 1.27 mbpd recorded in June 2024. This increase, though modest, is…