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Manufacturers Association of Nigeria (MAN) has said that 767 manufacturers shut down operations while 335 became distressed in 2023. This came against the backdrop of exchange rate volatility, rising inflation and other economic challenges that have worsened the investment atmosphere. The association stated this in a statement in which it condemned the recently introduced Expatriate […]
Continue ReadingForeign capital inflow into Nigeria dipped by 26.4% to $3.9 billion in 2023, plunging to a 17-year low since 2007 when capital importation stood at $5.3 billion. Latest data released by the National Bureau of Statistics (NBS) showed that foreign portfolio investment (FPI) in 2023 was $1.15 billion, indicating 29.5 percent of the $3.91 billion […]
Continue ReadingAs 2023 comes to an end today, I promise you that some of the stranger-than-fiction events that shaped the year will not fade away with it. Some will be etched in our memories forever. As a custom in Nigeria, general election years are always filled with doomsday predictions and expectations. “This is the year that […]
Continue ReadingDespite the multi-dimensional challenges that faced Nigerians this year, one of the most notable trends that swept the country in 2023 was attempts by several people to challenge and break world records. It all started in January with a 17- 17-year-old pupil, Philip Solomon, who attempted to break the Guinness World record for most skips […]
Continue ReadingPretty Nigerian actress, Moyo Lawal, Nigerian singer, Oladipupo Oladimeji popularly known as Oladips, and Labour Party presidential candidate in the 2023 Nigerian elections, Peter Obi top the list of Google’s 2023 Year in Search for Nigeria. Others on the list include Hilda Balci, Mudryk, Mr Ibu, Simon Ekpa, Sam Larry, Anita Brown, and Esther Raphael. […]
Continue ReadingNigeria’s Super Eagles superstar, Victor Osimhen has been crowned as the 2023 African Footballer of the Year, men’s category, at the 2023 CAF award ceremony. The Napoli striker saw off competition from Morocco’s Achraf Hakimi and Egyptian forward Mohamed Salah to win the award on Monday, December 11. Osimhen’s win has now ended Nigeria’s 24-year-old […]
Continue ReadingKunle Afolayan’s epic movie, Anikulapo, and C.J. Obasi’s ‘Mami Wata were among the winners at the 19th edition of the Africa Movie Academy Awards (AMAA), which took place on Sunday, October 29. The awards ceremony, which commemorated the excellence of African cinema by bringing together filmmakers from various parts of the world under one roof, […]
Continue ReadingSpain has beaten the European champions, England 1-0 to become the Women’s World Cup champions in the 2023 final at Stadium Australia in Sydney on Sunday. Captain Olga Carmona fired Spain ahead in the 29th minute, coolly finishing in the right-hand corner after a rapid counter-attack. Spain got a penalty kick in the 68th minute […]
Continue ReadingFor Africa’s vibrant entertainment industry, it’s been a fantastic year so far. From movies and series, to documentaries and thumb-stopping social media content, our talent in West, East and Southern Africa has risen to the occasion both in front of camera and behind – and now, it’s time to give them their well-deserved accolades. Dr […]
Continue ReadingIt is yet another moment of transition for Nigeria as the country goes to the polls in 4 days’ time to elect a new President and members of the National Assembly in what amounts to a seventh cycle of general elections since the country’s return to democratic, civilian rule in 1999. One President will be […]
Continue ReadingLast week, I opened my case for Nigerians not to vote for the All Progressives Congress this year. I refer to Nigerians who are led by reason, not sentiment; by the facts, not conjecture; by logic, not hot air; by self-respect, not idol worship. Such a Nigerian, wherever he may be, is a witness to the perfidy […]
Continue ReadingWith less than one month to Nigeria’s general election, one political party ought not to be on the ballot at all. That is the ruling All Progressives Congress. If dignity was of any concern to APC or if it had any sense of character or shame whatsoever, it would have called or written to the […]
Continue ReadingWill the 2023 presidential election be a defining moment for the Nigerian youth and the future of Nigeria? Obviously, this is a slippery question that deserves attention. The most recent Independent National Electoral Commission (INEC) voters registration data suggests that youths have a historic role to play in the forthcoming election. They have an incredible […]
Continue ReadingNigerian star actress, film director and producer, Alice Iyabo Ojo simply called Iyabo Ojo is of the opinion that Nigeria will bleed if citizens don’t get it right with the upcoming 2023 general elections. In a tweet shared on her handle this morning, Ms. Ojo said Nigerians are really suffering as she receives depressing messages from many […]
Continue ReadingNigeria’s Independent National Electoral Commission (INEC) has said that the 2023 election is majorly for young people because they make up a larger percentage of eligible voters. INEC’s Chairman, Prof Mahmood Yakubu said this on Tuesday, January 17, while delivering a speech at the Chatham House, London, UK. Giving a breakdown of the voters’ register […]
Continue ReadingIt is said that a people deserve the leaders they get, but one wonders if Nigerians deserve their leaders. Since 1960 when Nigeria got her independence, Nigeria has moved from one mediocre leadership to another. The people are usually desirous to have transformative leaders, but somehow, they keep getting disappointed. Between February and March of […]
Continue ReadingThe ushering in of the new year has hastened the countdown for Nigeria as it hobbles towards the biggest event that ever happens in respective African countries: elections. In terms of the high expectations that precede it and even its ability to momentarily remind people fragmented of their shared identity, elections in Africa are equivalent […]
Continue ReadingThis certainly promises to be an interesting year for Africa where a total of 24 general, legislative and local elections would take place in the course of the year in Republics of Benin, Comoros, Cote d’Ivoire, Djibouti, Egypt, Gabon, Ghana, Guinea, Guinea Bissau, Liberia, Libya, Madagascar, Mali, Mauritania, Mozambique, Nigeria, Sierra Leone, Somaliland, South Sudan, […]
Continue ReadingNigerians are a very impatient people. Our hunger for instant outcomes should have made us the nation that invented the microwave oven. But our impatience is directed at other ends. We can at least content ourselves with the many unusual things that we have reinvented and perfected our instincts in, namely, politics and religion. Politics […]
Continue ReadingNothing speaks better to a time like this than the message embedded in ‘The Sorcerer’s Apprentice’. Particularly in the Southeast. I have deployed the 18th century poem by German writer and politician, Johann Wolfgang von Goethe several times on this page. It tells a compelling story that begins as an old sorcerer departs his workshop, leaving an apprentice with chores to perform. The apprentice, who had apparently observed his master at work, enchants a […]
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