Economy

May
21
2025
By Amos Oge Kalu
Federal Ministry of Art, Culture, Tourism and Creative Economy Partners With AFRIFF to Launch Groundbreaking Film Market

Federal Ministry of Art, Culture, Tourism and Creative Economy Partners With AFRIFF to Launch Groundbreaking Film Market

Business, Column, Economy, Metro, News, Sponsored, ,
Cannes, France, May 18, 2025 – In a bold move to reinforce Nigeria’s leadership in the global creative economy, the Federal Ministry of Art, Culture, Tourism and the Creative Economy has signed a landmark Memorandum of Understanding (MoU) with the Africa International Film Festival (AFRIFF), establishing the AFRIFF Film and Content Market (AFCM), a pioneering marketplace poised to reposition Africa as a major player in the global film, television and digital content industries. The official signing took place at the prestigious Cannes Film Festival, where the Honourable Minister of Art, Culture, Tourism and the Creative Economy, Hannatu Musa Musawa, Esq.,…
Read More
May
15
2025
By Amos Oge Kalu
Nigerians Cry Out Over Tariff Hike – “TELECOM, NCC Are Killing Us”

Nigerians Cry Out Over Tariff Hike – “TELECOM, NCC Are Killing Us”

Business, Economy, Metro, News, ,
The recent 50% increase in telecom tariffs has sparked widespread outrage among Nigerians, particularly in the north. The Nigerian Communications Commission (NCC) approved the hike, citing operational pressures faced by telecom operators. For many, the increase has made staying connected a luxury they can no longer afford. Zainab Idris, a single mother and food vendor in Kano, relies on her phone for business. "Now I spend twice as much for half the access," she lamented. Students, small-scale vendors, and office workers are also feeling the pinch. Fatima Yusuf, a final-year student, said the increase is affecting her academic performance. "I'm…
Read More
May
02
2025
By Amos Oge Kalu
Abia State’s Development Trajectory Anchored on Prudent Resource Management – Deputy Governor Emetu

Abia State’s Development Trajectory Anchored on Prudent Resource Management – Deputy Governor Emetu

Abia State, Amos Oge Kalu, News, Opinion, Politics, , , , ,
Umuahia, Abia State - Deputy Governor Ikechukwu Emetu has disclosed that the Abia State development trajectory is anchored on prudent management of scarce resources. According to him, the government has taken a strategic approach to optimize resources and drive growth in key areas like education, healthcare delivery, economy, and social welfare. Speaking in an exclusive interview with Comr. Amos Oge Kalu, Deputy Governor Emetu highlighted the government's initiatives aimed at improving infrastructure, training teachers, providing scholarships, upgrading healthcare facilities, and reducing maternal and infant mortality. On the 2027 election, Deputy Governor Emetu expressed confidence that Governor Alex Otti's performance will…
Read More
Apr
27
2025
By Amos Oge Kalu
Ekiti: A path to economic emancipation

Ekiti: A path to economic emancipation

Column, Economy, News, Opinion, Politics, , , ,
By Damilola Adeniran Since the creation of Ekiti State on October 1, 1996, various administrations have beenfocused on achieving rapid socio-economic development. The quest for development wasundoubtedly a fundamental factor driving the calls for the state's creation. This isunderstandable, given the historical context: the old Ondo State was dominated by theOndo clan, while Ekitis were marginalized from governance. Governor Biodun Oyebanji assumed office at a time when order and efficiency ingovernance were crucial for Ekiti State. The state is often characterized as an "agrarianstate," reflecting its rural agricultural lifestyle, subsistence farming system, and historicalpolitical decentralization. In this context, agriculture and…
Read More
Apr
03
2025
By Amos Oge Kalu
CBN declares report on N10,000, N5,000 banknotes as fake

CBN declares report on N10,000, N5,000 banknotes as fake

Business, Economy, News, ,
The Central Bank of Nigeria (CBN) has dismissed as false a circulating report claiming that it has introduced new N5,000 and N10,000 banknotes to enhance cash transactions. In a post on its official X handle, formerly Twitter, the apex bank said, “The content is not from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng.” A statement from the CBN’s communications department further clarified, “The only official sources for releasing statements to the media are our website or statements from our department. There is also no Deputy Governor by such name. We are…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.