By Jemimah Wellington, JKNewsMedia Reporter SOARING TO $23.11 billion by the end of 2024, Nigeria’s Net Foreign Exchange Reserve (NFER) reached its highest level in over three years. The increase reflects a significant improvement in external liquidity, reduced short-term obligations, and renewed investor confidence. According to the Central ...
By Joke Kujenya THE FEDERAL Government has ordered the immediate reopening of the Independence Bridge in Lagos, reversing an earlier closure that had plunged motorists into hours-long gridlock. The bridge, connecting Ahmadu Bello Way to Marina, was shut down on 1 April for planned maintenance and rehabilitation works. Initially set to remain ...
By Jemimah Wellington, JKNewsMedia Reporter LAGOS ROADS descended into turmoil on Wednesday, with commuters facing hours of congestion due to the sudden closure of the Independence Bridge for essential repairs. The closure, which began on April 1, 2025, has crippled traffic in the city’s commercial heart, particularly on Victoria Island and I...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN Society of Engineers (NSE) has been urged by the Minister of Power, Adebayo Adelabu, to strengthen its collaboration with the Federal Ministry of Power in tackling the country’s power sector challenges. This plea came during a visit by the NSE, led by its President Engr. Margret Aina Og...
By Esther Olaifa, JKNewsMedia Reporter EVERY APRIL 2nd marks World Autism Awareness Day (WAAD) with experts saying that the global autism movement has reached a turning point. While awareness has steadily grown, acceptance and meaningful inclusion remain elusive for many autistic individuals. The 2025 WAAD also brings renewed focus to neurodi...
By Jemimah Wellington, JKNewsMedia Reporter THE MANAGEMENT and staff of the Nigerian National Petroleum Company (NNPC) Ltd have warmly welcomed the appointment of Bayo Ojulari as the new Group Chief Executive Officer (GCEO). A statement issued by the company notes that his appointment, made by President Bola Ahmed Tinubu, marks a significant l...
By JKNewsMedia FROM THE expansive Port Harcourt Ring Road to the Emohua-Abalama/Tema Junction Road and the Ahoada-Omoku-Ndoni Road, ongoing construction efforts are opening up new economic opportunities. At the helm is Julius Berger Nigeria Plc, a key player in enhancing transport corridors, facilitating movement, and unlocking business poten...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s PRESIDENT Bola Tinubu departs for Paris, France, today on a vital working visit aimed at assessing his administration’s mid-term performance and refining strategic plans ahead of his second anniversary in office. The retreat is to provide the President with an opportunity to ev...
By Jemimah Wellington, JKNewsMedia Reporter IN A scathing critique of international financial institutions, Akinbode Oluwafemi, Executive Director of Corporate Accountability and Public Participation Africa (CAPPA), presented a damning report that unveils how World Bank-backed water privatisation reforms have failed to address Nigeria’s growi...
By JKNewsMedia BANKING FEES that once chipped away at customers’ funds are now set to become a thing of the past—at least for those using Sterling Bank. The bank says the industry-defining policy has taken effect, eliminating charges on all local transfers and reshaping the financial landscape. The announcement, made on 1 April, was initially...
