The Federal Government of Nigeria has acknowledged the recent imposition of a 14% tariff on Nigerian exports by the United States, stating its commitment to mitigating the impact while accelerating economic diversification. In a statement signed by the Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, which was released on Sunday, the government…
Nigeria’s total public debt rose to N144.67tn ($94.23bn) as of December 31, 2024, representing a 48.58 per cent increase compared to N97.34tn ($108.23bn) recorded at the end of December 2023. The Debt Management Office disclosed this in its latest report on the country’s public debt profile. The report also revealed a quarter-on-quarter rise of 1.65…
The suspects, identified as John Abugu (43) and Kenneth Abugu (31), were apprehended on Thursday, April 3, while preparing to board a flight to India, where they claimed they were travelling for medical treatment. The National Drug Law Enforcement Agency (NDLEA) has arrested two brothers at the Murtala Muhammed International Airport (MMIA) in Lagos for…
Washington is revoking all visas for South Sudanese passport holders and blocking new arrivals, Secretary of State Marco Rubio said Saturday, complaining the African nation is not accepting its nationals expelled from the United States. The State Department “is taking actions to revoke all visas held by South Sudanese passport holders and prevent further issuance…
Popular Nigerian actress and media personality, Omotunde Adebowale-David, also known as Lolo 1, has alleged that a colleague once raped her. The actress shared her traumatic experience of being raped by a male colleague in the broadcasting industry on her podcast “Say My Piece”, which was posted on YouTube on Friday. According to Lolo 1,…
Dr. Tope Fasua, the Special Adviser to President Bola Tinubu on Economic Affairs, has highlighted the complexities of poverty measurement while defending the value of the naira in local terms, comparing the cost of living in Nigeria with that of the United States. Speaking on the MicOnPodcast with Seun Okinbaloye, Fasua argued that many Nigerians…
Tens of thousands of protesters flooded the streets of major US cities on Saturday to oppose the divisive policies of President Donald Trump, in the largest demonstrations since his return to the White House. Opponents of the Republican president’s policies — from government staffing cuts to trade tariffs and eroding civil liberties — rallied in…
In a bid to curtail the increasing rate of examination malpractice and impact of social media on academic performance government at various levels have been charged to ban use of smartphones in schools in Nigeria. This was disclosed by the Acting Deen, Faculty of Agriculture, Al-Hikmah University, Dr. Olorunnisola Saeed, while speaking at a symposium…
GISTSMATE MEDIA reports that a former Governor of Oyo State, Chief Omololu Olunloyo, has passed on at the age of 89 years. Olunloyo, who governed the state for just three months died few day to his 90th birthday. The nonagenarian, who was also Balogun of Oyo and Otun Bobasewa of Ife, died in the early…
At least 25 people, including an official of the Federal Road Safety Corps lost their lives while eight people were reportedly injured in two separate multiple crashes which occurred in Ogun State on Saturday. The first multiple crash involving a Mack truck marked SEY 363 YY, a tanker with registration number T2900LA and a bus…