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FACEBOOK CEO MARK ZUCKERBERG IS NOW WORTH $100Bn

Facebook CEO and co-founder, Mark Zuckerberg is now worth a hundred billion dollars.

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CHINA RETALIATES, SHUTS DOWN US CONSULATE IN CHENGDU

The Chinese Government has shut down the US consulate in Chengdu.

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REPS SETS UP COMMITTEE TO INVESTIGATE COVID-19 LOANS GIVEN OUT BY CBN

The House of Representatives has decided to investigate the Central Bank of Nigeria over COVID-19 loans.

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I AM IN A GOOD RELATIONSHIP WITH PRESIDENT BUHARI - GOODLUCK JONATHAN

Former President of Nigeria, Goodluck Jonathan says he has no problems with his successor and he is in a good relationship with the President.

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BILL GATES, BARACK OBAMA, OTHERS TWITTER ACCOUNTS HACKED

Twitter accounts belonging to Bill Gates, Elon Musk, Barack Obama, among other notable Americans, were hacked yesterday, Wednesday, July 15th, 2020.

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NIGERIA'S DR NGOZI OKONJO-IWEALA SETS TO APPEAR BEFORE THE WTO TODAY

Dr Ngozi Okonjo - Iweala is set to appear before the World Trade Organisation (WTO) today in its screening exercise for the position of Director-General (DG).

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ADDRESS THE DEMANDS OF OUR MEMBERS TO PREVENT AN AVOIDABLE ESCALATION- NIGERIAN MEDICAL ASSOCIAT...

The Nigerian Medical Association Lagos branch has called on the State Government to address the demands of the Lagos State employed doctors who are currently on a three-day warning strike.

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AS LAGOS COVID 19 FIGURES RISE, DOCTORS BEGIN WARNING STRIKE

Doctors in Lagos State have embarked on a three-day warning strike effective Monday, July 13, the Medical Guild in the state have said.

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INVESTIGATE ALLEGATIONS AGAINST ME AND PROSECUTE MY ACCUSER IF FOUND INNOCENT- VICE PRESIDENT YEM...

Vice President Osinbajo calls on IG Police Mohammed Adamu to investigate the allegations levelled against him claiming he received 4 billion naira from embattled EFCC boss Magu

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CUSTOMS INTERCEPT OVER N2.1 MILLION TRUCKLOAD OF RICE HIDDEN IN SHARP SAND

Nigeria customs has intercepted a truck loaded with over N2.1 million worth of foreign rice concealed in sharp Sand.

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VICE PRESIDENT OSINBAJO CLEARS AIR ON PURPORTED 4 BILLION RECEIVED FROM MAGU

Vice President Yemi Osinbajo's aide clears air on 4 billion received from embattled EFCC boss.

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BREAKING: FG ANNOUNCE INCREASE IN PETROL PRICE AMID CORONAVIRUS

Federal Government announce increase in fuel price amid Coronavirus.

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WE WILL OPEN SOON, PLEASE BEAR WITH US- FAAN

The Federal Airport Authority of Nigeria FAAN has appealed to citizens to please endure a little longer saying the airspace would soon be opened for commercial flight operations.

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ECOWAS APPROVES NGOZI OKONJO - IWEALA AS WTO DG

The Economic community of West African States (ECOWAS) has approved Nigeria's nominee, Dr Ngozi Okonjo - Iweala, for position of Director-General (DG) of the World Trade Organization (WTO).

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THOUSANDS OF MALIANS PROTEST AT BAMAKO, DEMANDS RESIGNATION OF PRESIDENT KEITA

Thousands of Malian citizens came together in Bamako, Mali's capital, to demand the resignation of President Ibrahim Boubacar Keita.

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U.S PENALIZES 6 NIGERIAN CYBER FRAUDSTERS

The U.S. Department of Justice and the Department of the Treasury’s Office of Foreign Assets Control has penalized six Nigerian cyber fraudsters for stealing over $6m from Americans.

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COVID-19: COMPANIES IN THE US LAYOFF 44.2M WORKERS - ANALYSTS

The total layoffs in the United States caused by the coronavirus pandemic reached 44.2 million even as businesses try to reopen, according to analysts in the US.

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AFRICAN SWINE FEVER HITS OKE ARO, ONE OF WEST AFRICA’S BIGGEST PIG FARM

Oke Aro farm, one of West Africa’s biggest pig farm, has been hit with the African swine fever.

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ABJECT POVERTY TO REMAIN CONSTANT IN 2020 – WORLD BANK

The number of people living in abject poverty is expected to remain constant this year, and persist in 2021, due to the economic effects of the Coronavirus pandemic, according to the World Bank.

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WTO RECEIVES NOMINATION OF NGOZI OKONJO-IWEALA AS DG

The World Trade Organisation (WTO) have received Nigeria’s candidate, Dr Ngozi Okonjo-Iweala, for the position of its Director-General (DG).

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EFCC APPLIES FOR THE RETRIAL OF ORJI KALU

The Economic and Financial Crimes Commission has applied for the retrial of former Abia State Governor, Orji Uzor Kalu.

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PRESIDENT BUHARI RE-APPOINTS GARBA DANTATA AS NCC VICE-CHAIRMAN

President Buhari has reappointed Prof Umar Garba Dantata as the Executive Vice-Chairman of the Nigerian Communications Commission (NCC).

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BREAKING: REPS APPROVE PRESIDENT BUHARI’S $22.7bn LOAN

The House of Representatives has approved President Muhammadu Buhari’s $22.7bn foreign loan request.

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JOURNALISTS LOSE THEIR JOBS AS MICROSOFT OPTS TO CURATE NEWS USING ARTIFICIAL INTELLIGENCE

Journalists working for MSN would not get their contract renewed as Microsoft has opted to curate news using Artificial Intelligence.

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OLUSEGUN OBASANJO LIBRARY LAY OFF WORKERS

More than 50 staff of the Olusegun Presidential Library (OOPL), Abeokuta, Ogun State have been dismissed as a result of the economic hardship caused by the COVID-19 pandemic.

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BREAKING: OGUN RELAXES LOCKDOWN FROM JUNE 1

The Ogun State Government has relaxed the lockdown restrictions in the State to curb the spread of the Coronavirus effective June 1.

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THIS MIGHT MEAN THE END OF THE AFRICAN DEVELOPMENT BANK- OBASANJO WARNS AFRICAN LEADERS

Nigeria's former President Olusegun Obasanjo has warned that if African leaders do not rise and defend the African Development Bank, then this ongoing crisis might birth its end as "its governance ...

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AFDB PRESIDENT AKINWUNMI ADESINA DENIES CORRUPTION ALLEGATION AS THE US INTENSIFIES PROBE

Akinwumi Adesina, President of the African Development Bank, has denied the allegations of corruption and nepotism against him as the United States insists on an independent probe.

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REPS TO RESIT OVER REVISED 2020 BUDET

The National Assembly will forfeit recess and reconvene to review the 2020 revised budget, said NASS Clerk.

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LAGOS STATE CUTS 2020 BUDGET

Lagos State Government has reduced its 2020 budget by 21 per cent

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Quick Spot Economic Analysis

The days ahead will not be easy due to the following underlining factors:

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AGRO-BUSINESS AND CBN'S BACKWARD INTEGRATION: THE NEED TO THREAD CAREFULLY AS THE POOR MAY BECOME...

Despite Nigeria's wealth ofNigeria is a nation blessed with arable land, rich for production of many agricultural produces, yet importing what it should ordinarily be exporting. Before the discover...

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The dropping Naira and its Impact

The naira has seen a strong decline against the dollar in recent times and could still see more falloffs in coming times.

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Nigeria’s descending Disposable Income: Is it worth the worry?

Most Nigerians cannot afford beyond necessities as they do not earn enough to push their spending and consumption especially with a big lack of disposable income.

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Coronavirus: Effect on Nigeria’s economy

Amid global concerns arising from the outbreak of Corona Virus COVID-19, as of early March, 2020, reports have indicated 111,284 confirmed cases and 3,892 deaths as a result, with the virus confirm...

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