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News - Page 633

Data & Infographics·News·Nigeria·Top Stories

Nigeria’s Multidimensional Poverty Rate Rises to 38.7%, UNDP Report Shows

October 12, 2026

Nigeria’s multidimensional poverty rate rose to 38.7% in 2024 from 33% in 2021, reversing gains recorded during the previous decade and adding 17.9 million people to the number affected, according to the

Africa·Business News·Top Stories

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

October 12, 2026

African Energy Week (AEW) 2026 opened in Cape Town on Monday, bringing together government officials, energy companies, investors and project developers to explore opportunities for financing and developing Africa’s energy resources.

Business News·News

Why We Plan N50bn Capital Raise, Upgrade To Commercial Bank – Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank (ITMB) has announced plans to raise an additional N50 billion in capital and also upgrade to a regional commercial bank. The bank’s management made this known while speaking at the “Facts Behind the Offer Presentations” held at Nigerian

August 23, 2024

News

Anambra Doctors Withdraw Services As Colleague Remains In Kidnappers’ Den

Medical doctors under the umbrella of the Nigeria Medical Association (NMA) in Anambra State have withdrawn their services in all public and private hospitals in protest against the abduction of one of their colleagues in the state. The industrial action, which took

August 23, 2024

Business News·News·Oil & Gas

Oando Completes $783m Acquisition Of Agip Oil

Oando PLC has announced that it has successfully completed acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni. A statement signed by Ayotola Jagun, Oando Chief Compliance Officer and Company Secretary,

August 23, 2024

News

Shamsudeen Usman Foundation Set To Unveil AI Centre In Abuja

As part of its contribution to educational development in Nigeria, the Shamsuddeen Usman Foundation (SUF) is set to launch the first Artificial Intelligence (AI) centre in Nigeria. According to a statement by Chairman, Media Subcommittee, Etim Etim, a trustee of the foundation,

August 23, 2024

News

The Crow 2024 Version Released Amid Criticism As Producer Reacts

Eric Draven made the much awaited return in The Crow and offers viewers a chance to see a new adaptation of the beloved character. The Lionsgate exclusive with possible IMAX showings was finally released on Friday, 23rd August 2024 after initial false

August 23, 2024

Business News·News

Chinese Firm Expands Seizure Spree: Nigeria’s $57m Luxury Jet Confiscated in Canada

In a fresh blow to Nigeria’s assets abroad, Zhongshang Fucheng Industrial Investment Ltd, a Chinese firm, has seized another Nigerian luxury jet, this time in Canada. This latest action adds to the growing list of Nigerian assets that Zhongshang has successfully confiscated

August 23, 2024

News·Politics

Abia 2027: FOSAD Warns Deputy Speaker, Kalu, About Partisan Politics

The Forum of South-East Academic Doctors (FOSAD) has expressed concern about recent political developments involving Deputy Speaker of Nigeria’s House of Representatives, Benjamin Kalu. Recently, Kalu sparked outrage in his home state of Abia following his comment that Governor Alex Otti would

August 23, 2024

Obi Reacts To Poor Performance In 2025 UTME, Calls For Aggressive Investment In Education

News

Obi To Nigerian Govt: Tell Us Age, Cost Of New Presidential Jet

The Labour Party’s (LP) presidential candidate in 2023 election, Peter Obi, has asked the Bola Tinubu-led Federal Government to disclose all relevant information regarding the new presidential jet, including its age and cost. In a post on his verified X handle, Obi

August 23, 2024

Business News·FEATURES·News

Tinubu’s Economic Reforms: A Bold Move Or Reckless Gamble?

Economic Reforms: A Double-Edged Sword Nigeria’s recent economic reforms, championed by President Bola Tinubu, have sparked a nationwide debate about their effectiveness and long-term impact. Described by government officials as “shock therapy,” these reforms—particularly the removal of fuel subsidies and the floating

August 23, 2024

News

I Can Tell When A Film Has Been Rushed, Says Kunle Remi

Nollywood actor, producer and model, Kunle Remi, says he has a way of knowing when a film has been rushed. It is funny according to him when movie producers talk about shooting cinema movies in five days. He noted that it is

August 23, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 633

Nigeria’s Multidimensional Poverty Rate Rises to 38.7%, UNDP Report Shows

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

Why We Plan N50bn Capital Raise, Upgrade To Commercial Bank – Infinity Trust Mortgage Bank

Anambra Doctors Withdraw Services As Colleague Remains In Kidnappers’ Den

Oando Completes $783m Acquisition Of Agip Oil

Shamsudeen Usman Foundation Set To Unveil AI Centre In Abuja

The Crow 2024 Version Released Amid Criticism As Producer Reacts

Chinese Firm Expands Seizure Spree: Nigeria’s $57m Luxury Jet Confiscated in Canada

Abia 2027: FOSAD Warns Deputy Speaker, Kalu, About Partisan Politics

Obi To Nigerian Govt: Tell Us Age, Cost Of New Presidential Jet

Tinubu’s Economic Reforms: A Bold Move Or Reckless Gamble?

I Can Tell When A Film Has Been Rushed, Says Kunle Remi

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Nigeria’s Multidimensional Poverty Rate Rises to 38.7%, UNDP Report Shows

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Nigeria’s Multidimensional Poverty Rate Rises to 38.7%, UNDP Report Shows

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