CBN to Nigerians: Nigeria’s banking sector stable

The Central Bank of Nigeria (CBN) has reassured the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound. The CBN made this remark in a statement issued by its Acting Director, Corporate Communications …

Actress Jumoke George’s daughter returns to Nigeria after 4 years in Mali

Actress Jumoke George’s daughter, Adeola, who went missing for four years, has returned to Nigeria. Ademola was found in Mali and rescued by the Nigerian government following her mother’s lamentation. Actress Biola Adebayo, host of the ‘Talk To B’ podcast, …

Nigeria’s digital economy contributed $191m to foreign direct investment in Q1’24

The Federal Government of Nigeria has revealed that the communications and digital economy sector attracted a whopping $191 million in foreign direct investment during Q1 2024, representing a 900 per cent rise from the $22 million in Q1 2023.  Nigeria’s …

Over-dependence on oil revenues making Nigeria’s economy vulnerable – Abbas

Speaker of the House of Representatives, Hon. Abass Tajudeen, has declared that Nigeria’s heavy dependence on oil revenue would continue to leave its economy vulnerable, noting that agriculture remained the most viable alternative to achieving resilience. …

Nigeria seeks to boost cocoa exports as oil falters

Almost four decades after Nigeria dispensed with a cocoa-industry regulatory board in 1986, a new executive bill is working its way to the legislature to create a replacement. By the time it was scrapped, the cocoa marketing board, which fixed prices and …

“Nigeria raised me and America challenged me” – Actress Belinda Effah ditches acting to join the US Navy; colleagues ...

Nollywood actress Belinda Effah, who changed her name to Grace Chris Bassey, has ditched Nollywood for the Navy. The movie star announced on her Instagram page that she has officially joined the US Navy. Sharing clips of her at the Navy boot camp, she …

China eyes Nigeria for EV boom

British ex-soldier, arms smuggling, and Nigeria’s security crisis

BY ABIODUN OLUWADARE For over a decade, Nigeria’s security narrative has been mired in anxiety, suspicion, and paralysis. From the brutal incursions of Boko Haram in the north-east to the unrelenting grip of banditry in the northwest and communal strife in …

NIGERIA DAILY : Can There Be Mandatory Voting In A Democracy?

An Independent National Electoral Commission (INEC)  officer captures the photograph of a voter on a Bimodal Voter Accreditation System (BVAS) machine during the general election in Ibadan, Oyo State February 25, 2023. Photograph by Ayo Adams/CCIJ Tue, …

Agbakoba: Nigeria’s democracy has failed, we must explore new governance models

A former President of the Nigerian Bar Association (NBA), Mr. Olisa Agbakoba (SAN), has said Nigeria’s western-style democracy has failed to deliver good governance and national unity, insisting it is time for the country to rethink its governance …