By Jemimah Wellington, JKNewsMedia Reporter THE INTERNATIONAL Monetary Fund (IMF), and African finance leaders have noted that the region faces mounting economic difficulties. This, in their views, include high costs of living, geopolitical instability, and social unrest. These factors, they also note, continue to threaten economic growth and ...
By Bola Tinubu, President of Nigeria COMMONWEALTH LEADERS are meeting this week on the island of Samoa for our bi-annual summit. Intense discussion over free and fair trade, security, and climate action are occupying us 56 members – all friends and allies. If an alliance of primarily English-speaking nations rooted in common law and shared [&h...
By Joke Kujenya THE FEDERAL Executive Council (FEC), on Wednesday, announced that both the Niger Delta Ministry and the Ministry of Sports Development have been scrapped. FEC says this significant move is part of a broader restructuring of Nigeria’s government ministries. This decision will lead to the establishment of a new Ministry of Region...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s FEDERAL government has dropped money laundering charges against Tigran Gambaryan, an executive at Binance Holdings Limited. The decision comes months after Gambaryan’s arrest in February. He had been held following allegations tied to the cryptocurrency firm’s operations in Nigeria, i...
By Jemimah Wellington, JKNewsMedia Reporter THE WORLD Bank has expressed concerns about Nigeria’s financial management, criticizing the government’s spending practices amid growing economic challenges. According to a report by the World Bank, the current administration under President Bola Tinubu has been urged to eliminate non-essential...
By Jemimah Wellington, JKNewsMedia Reporter THE ONGOING strike by the Medical and Health Workers Union of Nigeria (MHWUN) at NAFDAC has entered its third week, and it is disrupting key operations and putting public health and safety at serious risk. Director-General Prof. Mojisola Adeyeye has made a strong appeal to the striking workers, urgin...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN government is set to transfer the management of the national grid to private entities, in a major step toward improving efficiency and addressing recurring grid collapses. This move aligns with the provisions of the Electricity Act 2023, which advocates for more disciplined and professio...
By Jemimah Wellington, JKNewsMedia Reporter A surge in drug trafficking operations at the Lagos airport and seaports has led to multiple arrests, with several suspects caught attempting to smuggle cocaine and synthetic cannabis. The National Drug Law Enforcement Agency (NDLEA) intercepted individuals at the Murtala Muhammed International Airpo...
By Joke Kujenya POVERTY CONTINUES to be a pressing global issue, with over 1.1 billion people struggling to meet basic needs. The latest findings from the 2024 Multidimensional Poverty Index (MPI) report highlight that conflict and instability are major barriers to reducing poverty, particularly in war-torn regions. The report, published by th...
By Jemimah Wellington, JKNewsMedia Reporter THE PRESIDENCY has assured Nigerians that the absence of both President Bola Tinubu and Vice President Kashim Shettima does not mean there is a leadership vacuum. President Tinubu, who left the country on October 2, 2024, is on a two-week working vacation, actively managing the nation’s affairs...
