President Bola Tinubu has compared Nigerians’ economic hardships to the “pain of a painful surgery,” assuring that growth and prosperity are near. Speaking at the coronation of the 44th Olubadan of Ibadanland, Oba Rashidi Ladoja, Tinubu said reforms since he assumed office were tough but necessary to stabilize the economy. He thanked citizens for their…
Chairman of Nigeria’s National Sports Commission, Shehu Dikko, has dismissed claims that the sports kits provided to Nigerian athletes at the Tokyo 2025 World Championships were inferior. This follows criticism from athlete Tobi Amusan, who expressed concerns about the quality and presentation of the kits, alleging poor packaging and missing items like shoes. While the…
Nigeria Railway Corporation Managing Director Kayode Opeifa has apologized to the Nigerian Union of Journalists (NUJ) FCT chapter for assaulting a journalist and a staff member of media house while reacting to the Abuja-Kaduna train derailment. Opeifa expressed remorse, saying he was carried away in the heat of the moment while trying to ensure safety. Before…
Nigeria Immigration Service has announced that effective September 1, 2025, the cost of obtaining a Nigerian passport within Nigeria will increase. The new fees are N100,000 for a 32-page, 5-year passport and N200,000 for a 64-page, 10-year passport. Fees for Nigerians in the diaspora remain unchanged at $150 and $230, respectively. The increase aims to…
World Aquatics has awarded international training scholarships to Nigerian swimmers Clinton Opute and Collins Ebingha, recognizing their potential and supporting Nigeria’s swimming development. The scholarships, part of World Aquatics’ elite program, aim to provide access to top training facilities in Europe and prepare athletes for major competitions like the Olympics. Ebingha’s scholarship runs from September…
Indian state refiners, such as Indian Oil Corporation and Bharat Petroleum, are increasingly purchasing Nigerian crude oil, with recent deals for millions of barrels for September and October deliveries, shifting away from Russian crude due to U.S. pressure. Meanwhile, Nigeria’s Dangote Petroleum Refinery, despite being Africa’s largest, is heavily reliant on U.S. crude imports, which…
National Bureau of Statistics (NBS) has announced that Nigeria’s economy grew by 3.13% year-on-year in real terms in Q1 2025, following a GDP rebasing using 2019 as the base year. This marks a 0.86 percentage point increase from 2.27% in Q1 2024. The NBS also revised GDP growth rates for previous years: -6.96% in 2020,…