The International Monetary Fund (IMF) has urged Nigeria to broaden its tax revenue base in order to strengthen its fiscal policy. IMF Managing Director, Kristalina Georgieva stated this at a news conference in Washington D.C. on the sidelines of the 2025 IMF Spring Meeting. In achieving this, Georgieva said Nigeria, like other African nations, should…
Barely 24 hours after urging Peter Obi to rejoin the Peoples Democratic Party (PDP), Segun Sowunmi, the party’s chieftain, has advised the 2023 Labour Party Presidential candidate to think Nigeria first and stop demarketing the country. Sowunmi offered the advice in his reaction to Obi’s X post, in which the ex-presidential candidate, during his visit…
Africa’s largest mobile operator, MTN Group, said it has suffered a cybersecurity breach that led to unauthorized access to personal information belonging to customers in certain markets. The company with operations in Nigeria and 15 other markets across Africa and the Middle East did not specify which of its operations were affected. MTN, in a…
The World Bank has projected that poverty will increase in Nigeria by three percentage points in five years to 2027. The World Bank made this projection in its Africa Pulse report released on the sidelines of the ongoing Spring Meetings of the IMF and World Bank in Washington DC. The report, among other information, painted…
Wasiu Ayinde, the Fuji singer better known as Kwam 1, has revealed that he is a devoted member of the Celestial Church of Christ. The ‘Ade Ori Okin’ hitmaker opened up about his religious faith during a recent interview on the Agbaletu Radiovision podcast. Kwam 1 declared himself a “bona fide member” of the white-garment…
A plane has crashed into the sea in Thailand, claiming the lives of everyone on board. The doomed flight carried six people, all police officers, who died as the small craft crashed into the Gulf of Thailand near Cha-am’s coast in the country’s southwest at about 8.25am local time (2.25am UK time). The local constabulary…
The National Youth Service Corps (NYSC) has clarified its stance on the proposal for a certified drug integrity test for prospective Corps Members, stating that it cannot implement such a policy without official approval from the government. This clarification follows a request by the Chairman of the National Drug Law Enforcement Agency (NDLEA), Brigadier General…
The gale of defection hitting the opposition parties may not be ending soon, as more governors are putting finishing touches to joining the ruling All Progressives Congress (APC). In a shocking move, Delta State Governor Sheriff Oborevwori became the latest high-profile politician to team up with the APC after he led his cabinet to dump…
Aliko Dangote, president and chief executive officer (CEO) of Dangote Group, has been appointed to the World Bank’s Private Sector Investment Lab. The appointment places Dangote among a select group of global business leaders tasked with driving investment and job creation in emerging economies. The World Bank announced Dangote’s appointment on Wednesday as part of…
A Federal High Court sitting in Ikoyi, Lagos, has granted an interim order restraining the Independent Corrupt Practices and Other Related Offences Commission (ICPC) from taking any further action against the Vice Chancellor of the Federal University, Oye-Ekiti (FUOYE), Professor Abayomi Fasina. Presiding judge, Justice Akintayo Aluko, directed the ICPC and its agents to maintain…