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Naira Weakens Slightly to 1,467/$1 Despite Rising Foreign Reserves

Nigeria, Oct. 15 -- The News Chronicle learnt that this movement comes on a short recovery last week when the naira finished at 1,458 per dollar on Friday its highest level since 2024, as the apex ban... Read More


Bezos' Ex-Wife MacKenzie Scott Trims Amazon Holdings by $12.6 Billion

Nigeria, Oct. 15 -- stake by around 42%. Revealed in a new regulatory filing released on Tuesday, this points to a significant change in one of the most closely monitored personal riches worldwide. ... Read More


Nigeria Moves to Clear 4 Trillion Power Sector Debt

Nigeria, Oct. 15 -- The Federal Government has finalized a comprehensive implementation framework to resolve the 4 trillion debt crisis plaguing Nigeria's electricity market, marking one of the most s... Read More


FG Unveils 2nd Subnational Climate Ranking in Abuja

Nigeria, Oct. 15 -- The Federal Government has launched the second edition of the Subnational Climate Governance Performance Ranking (SCGPR 2.0) in Abuja, aimed at assessing how Nigeria's 36 states ar... Read More


Three Kaduna PDP Lawmakers Dump Party for APC

Nigeria, Oct. 14 -- The Peoples Democratic Party (PDP) caucus in the House of Representatives from Kaduna State on Tuesday lost three members to the ruling All Progressives Congress (APC). Those who ... Read More


IMF Set to Release Global Economic Outlook Amid Growing Market Uncertainty

Nigeria, Oct. 14 -- Today, October 14, 2025, the International Monetary Fund (IMF) will present its eagerly awaited World Economic Outlook (WEO) report at a hybrid press conference at the Meetings of ... Read More


Nigeria's Business Activity Expands Strongly in September as PMI Climbs to 54.0%

Nigeria, Oct. 14 -- As the most recent Central Bank of Nigeria (CBN) Purchasing Managers' Index (PMI) increased, Nigeria's economy experienced a greater spike in productive activities in September 202... Read More


African Teams: Qualified, Still in the Hunt, and Out for 2026 World Cup

Nigeria, Oct. 14 -- The race for the 2026 FIFA World Cup has created thrills, pain, and historical events. Some countries have established their spots; others hold onto hope; a few see their aspiratio... Read More


He Won My Heart with Subsidy Removal- Gov Mbah Aligns with Tinubu, Dumps PDP for APC

Nigeria, Oct. 14 -- Enugu State Governor, Peter Mbah, has officially defected from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). Mbah announced his defection du... Read More


Ohanaeze, Enugu Monarchs Applaud as Gov Mbah Formally Joins APC

Nigeria, Oct. 14 -- The apex Igbo socio-cultural organization, Ohanaeze Ndigbo Worldwide, Enugu State Chapter, has applauded the State Governor, Peter Mbah for taking the bold step of joining the ruli... Read More