Blogs

NIGERIA'S Federal Ministry of Education has slashed the allowances paid to foreign scholars studying abroad by 12.7% in response to the growing economic crisis that has led to budgetary constraints.

PRESIDENT Bola Tinubu has signed the much-anticipated South East Development Commission (SEDC) Bill into law creating a new federal agency to cater for the unique needs of the five states in the geo-political zone.

ENGLISH Premier League side Southampton have reached a deal with Turkish giants Trabzonspor to sell Super Eagles striker Paul Onuachu for €7m ahead of the forthcoming 2024/25 season.

Ayo Akinfe

[1] When it was created in 1991, Nasarawa State was given the nickname Home of Solid Minerals in the hope that it would become the “Australia of Nigeria” where minerals are prospected for, mined, processed and then manufactured into finished goods in huge quantities. Sadly, this dream of it a state that generates export revenue from solid minerals is nowhere being realised and to be frank is not even on the horizon

CENTRAL Bank of Nigeria (CBN) directors have once again increased interest rates by a whopping 50 basis points bringing the lending rate to a colossal 26.75% in response to the ongoing hyper-inflation that is ripping through the economy.

Ayo Akinfe

[1] Modern day Enugu State is what I would call a pioneering part of the country as back during the colonial era, it was one of the first provinces to industrialise. Thanks to its coal deposits, Enugu was soon home to Nigeria’s largest mine, attracting workers from all over Africa. This spurred the growth of the city of Enugu, allowing it to become the spiritual home of Ndigbo. This status needs to be cashed in on big time

NIGERIA-eligible teenage striker Princess Ademiluyi has agreed to join English Barclays Women’s Championship side Charlton Athletic on a year-long loan after just signing a professional contract with English Women Soccer League club West Ham United.

Ayo Akinfe

[1] Known as the Land of Equity, Kebbi State is anything but that as its citizens are among the poorest in the country with a a very low human development index (HDI), while it has produced some of the richest millionaire-politicians in the country. According to a 2021 HDI survey of all Nigeria’s states and the Federal Capital Territory , Kebbi State came 37th in the country

Ayo Akinfe

[1] Ogun is the one state in Nigeria that is cashing in on its location big time. As we speak, about 90% of the foreign direct investment that goes into Nigeria goes to Lagos State and Ogun is benefiting from the spillover of this. Moving forward, Ogun needs to cash in on this a lot more, kind of similar to the way Mexico has benefitted from the expansion of the US automobile industry

NIGERIAN doctor and visual artist Dr Fola David has set a new world record for creating the largest painting by an individual after his drawing Unity in Diversity showcasing the diverse ethnic groups that make up the country entered the history books.