By Bola Tinubu, Nigeria’s President and Emmanuel Macron, France President From our shared perspectives, we can very confidently say that we see our relationship as a partnership between equals. IN THE present era, international relations are often framed as if there were only two possible outcomes for States: to dominate, or to be domina...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA AND Brazil have entered a strategic partnership to enhance private sector development in agriculture, focusing on fertiliser production, hybrid seed technology, and agricultural finance. The agreement was formalised through a Memorandum of Understanding (MOU) signed in Rio de Janeiro, Brazil,...
By Joke Kujenya NIGERIA’s ECONOMY expanded by 3.46% in real terms in Q3 2024, exceeding the 2.54% recorded in Q3 2023 and 3.19% in Q2 2024. The National Bureau of Statistics (NBS), in its latest report, attributed the growth to the robust performance of the Services sector. Real GDP stood at ₦20.12 trillion in Q3 […]
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s LIVESTOCK sector is set for a transformative boost as the government signed a $2.5 billion investment deal with JBS S.A, the world’s second-largest meat processing company. This landmark agreement aims to address farmer-herder conflicts, enhance food security, and create economic opportunit...
By Jemimah Wellington, JKNewsMedia Report SOARING FOOD prices are the most significant shock affecting households across Nigeria, the National Bureau of Statistics (NBS) has disclosed. According to the bureau’s General Household Survey-Panel (GHS-Panel) Wave 5 for 2023/2024, released in Abuja, 71% of Nigerian households cited food price increa...
By Joke Kujenya DISPELLING EARLIER reports suggesting criticism from International Monetary Fund (IMF), economic reforms introduced by President Bola Tinubu have received strong support from the global body. Kristalina Georgieva, IMF Managing Director, praised the administration’s decisive policies during a meeting with President Tinubu at the...
By Jemimah Wellinton, JKNewsMedia Reporter SMUGGLED AND substandard sugar products are flooding Nigerian markets, exposing consumers to severe health risks and destabilizing the local sugar industry. The Federal Competition and Consumer Protection Commission (FCCPC) uncovered these issues during investigations targeting key regions, particular...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN Senate has approved President Bola Tinubu’s request for a $2.2 billion loan to help finance the ₦9.7 trillion deficit in the 2024 budget. The approval came after the Senate Committee on Local and Foreign Debts, led by Senator Aliyu Wamakko, presented its report during plenary on Th...
By Olaide Ajibola, JKNewsMedia Reporter THE BRITISH Virgin Islands High Court’s decision permitting Zhongshan Fucheng Industrial Investment Co. Ltd to seize $25 million of Nigeria’s foreign assets has prompted a firm response from the Nigerian government. Government officials pledged to appeal the ruling, which originates from a failed trade z...
By Jemimah Wellington, JKNewsMedia Reporter PRESIDENT BOLA Tinubu has approved the immediate reassignment of Pro-Chancellors and Governing Council Chairmen for Federal University Oye-Ekiti and Federal University Lokoja, a move aimed at enhancing diversity and national unity in university governance. Senator Victor Ndoma-Egba, SAN, who previous...
