Economy

Economy

Peter Obi Finally Explains Why He Didn’t Build Any Schools As Anambra Governor

Peter Obi Finally Explains Why He Didn’t Build Any Schools As Anambra Governor

Peter Obi, the Labour Party's (LP) candidate for president in the general election of 2023, has given an explanation for why, while serving as governor of Anambra state, he did not build a single new school. According to The Nation, Reno Omokri, a social media personality, questioned Obi's leadership and challenged the former governor of Anambra state and his supporters to name one school that Obi established during his eight years in office. Reno offered a ten thousand dollar reward to anyone who could locate a school constructed by Obi. At a news conference on Wednesday, April 24, in Abuja,…
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US Embassy in Nigeria host USA team from Georgetown University Business School.

US Embassy in Nigeria host USA team from Georgetown University Business School.

...at the Ikoyi Residence of the Consulate General The delegation was accompanied by reputable, distinguished, and most powerful Nigerians. In attendance includes: Engr. Tein Jack-Rich CON, Amb. Dr. Osita Offor - Ultimate Commander, Media Executive, Efe Omorogbe, Olisa Adibua, Executives of MTV Based, Executives of Chocolate City, Executive Director Multichoice, Prince Felix Awogu among others. The Georgetown University Business School, USA delegation, Mr. Omar Wilson and Ms. Mika Rhabb was introduced to make their presentation of the life-changing project to the US Embassy officials in Lagos. The meeting, which was chaired by Will Stavens - the US Consul General was…
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Navigating State Governance and Economic Transitions: Gov Otti’s Lecture at Johns Hopkins University

Navigating State Governance and Economic Transitions: Gov Otti’s Lecture at Johns Hopkins University

On Friday, April 19, 2024, the prestigious Johns Hopkins University School of Advanced International Affairs (SAIS) is set to host a thought-provoking lecture by Dr. Alex Otti OFR, the Executive Governor of Abia State, Nigeria. The event, titled "State Governance and Economic Transitions: Meeting the Challenges," promises to be an enlightening discussion on the intricate dynamics of state governance amidst economic transitions. Dr. Otti's wealth of experience and expertise in both the public and private sectors uniquely positions him to address the pressing issues facing states in Nigeria and beyond. As a seasoned economist and accomplished leader, he has spearheaded…
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“May God Punish You All In EFCC, May You Not Die A Good Death.” – Charly Boy Attacks EFCC

The Economic and Financial Crimes Commission (EFCC) has come under fire from Nigerian activist Charles Oputa, also known as Charly Boy, for arresting and charging businessman Paschal Okechukwu, also known as Cubana Chief Priest, for abusing Naira. Charly Boy claimed that the EFCC was using "frivolous shenanigans" to divert the attention of Nigerians away from more pressing problems. He questioned the agency's decision to focus on such minor infractions rather than serious financial crimes. Charly Boy contended, "Spraying Naira is a part of our age-old familiar culture that promotes bonding among people." "It raises the question of whether the EFCC…
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Naira gains value on the FX black market, achieving N1,000 per dollar.

Naira gains value on the FX black market, achieving N1,000 per dollar.

At the start of Monday's foreign exchange market, the value of the Naira increased to N1000 per US dollar. Mistila Dayyabu, a Bureau De Change operator, revealed this to OHAFIATV News. The BDC operator says that during the course of the week, the Naira is predicted to strengthen even more below the N1000 per dollar barrier. On Monday, the value of one Naira is worth between N1000 and N10550. The Naira will strengthen more throughout the week, reaching less than N1000 per dollar, he told OHAFIATV News. This happened a few days after Goldman Sachs declared that the Naira was…
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