Nigeria, Africa’s largest economy, offers a wealth of investment opportunities for both seasoned investors and those just starting out. With a rapidly growing population, a rising middle class, and increasing digital penetration, the country presents fertile ground for wealth-building. But
By Tunde Opalana Nigeria has been ranked the third most indebted nation in Africa responsible for 8 per cent of Africa’s total external debt. Nigeria trailed behind the second placed Egypt accounting for 13 per cent of the continent’s debt and South Africa which is the largest debtor with 14 per cent of Africa’s external […]
By Tom Okpe The United Nations World Food Programme, UNWFP, is the world’s largest humanitarian organization, saving lives in emergency and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters, and impact of climate change. EU Civil Protection and Humanitarian Aid Operations, ECHO, and its member […]
By Kingsley Chukwuka Nigeria’s office of the Accountant General of the Federation has identified major setbacks to the implementation of the July 11, 2024 Supreme Judgement on local government councils autonomy. According to the government agency, the two major setbacks are the failure of LGAs to submit account details, adding that identifying the LGAs that […]
Patrick Wemambu Going down the memory boulevard, the history of state creation in contemporary Nigeria could be traced to 1967 – after the Civil War – when General Yakubu Gowon created 12 states to replace the then 4 regions in existence before Independence. These later metarmorphosed over the years culminating into 19, then 21, 30 […]
BY TEMITOPE ADEBAYO An indigenous and integrated gas value chain company, Falcon Corporation Limited has embarked on integrated gas expansion programme aimed at expanding Liquified Petroleum Gas (LPG) penetration in Nigeria. The firm, with expertise in delivering world class energy solutions across the midstream and downstream sectors of the industry positioning itself
The United States government has announced plans to investigate how past foreign aid allocated to Nigeria and other countries has been utilized. This comes after President Donald Trump’s January 20, 2025, decision to suspend all foreign aid for 90 days, citing concerns about global destabilization and misalignment with American interests. The move follows increasing
By Andrew Oota The Nigerian Government, and all democracies of the world are anchored on the existence of the Executive , the Parliament and the Judiciary with distinctive but collaborating roles. While the Legislature make laws for the good governance of the country , the executive formulate policies and the Judiciary interpretes laws and equally […]
By Ukpono Ukpong The Federal Government has reiterated its commitment to strengthening bilateral ties with Germany in the areas of legal labour migration and vocational skills development to enhance economic growth and job creation in Nigeria. This was disclosed by the Minister of Labour and Employment, Muhammad Maigari Dingyadi, during a courtesy visit by a […]
By Dooyum Naadzenga In Nigeria, the struggle against counterfeit products remains an uphill battle, with regulatory bodies like the National Agency for Food and Drug Administration and Control (NAFDAC) and the Standards Organization of Nigeria (SON) facing numerous obstacles that undermine their efforts. Recent investigations by Daily Times reveal that the challenges faced
In a bold and historic feat, Omotoke Fatoki, a Nigerian travel enthusiast, entrepreneur, and advocate for African unity, has become the first African to journey overland from Lagos, Nigeria, to Windhoek, Namibia. Spanning 9 countries across West, Central, East, and Southern Africa, this six-month journey highlights the immense potential of intra-African travel while
BY TEMITOPE ADEBAYO Kenya and Nigeria, alongside Egypt and South Africa, collectively known as Africa’s “Big Four”—secured 84 percent of all start-up funding on the continent in 2024, maintaining a trend consistent since 2019, Africa: The Big Deal latest report revealed. Kenya led with $638 million, followed by Nigeria with over $400 million, reinforcing their […]
As I pen down my first article for Daily Times Nigeria, I am filled with excitement at the opportunity to connect with you through stories, insights, and tips that celebrate the beauty of travel—especially within Nigeria. With over six years of sharing travel nuggets and inspiring adventures, I’ve come to realize that the journey often […]
Nigeria is contemplating a drastic measure to disconnect its neighbouring countries from its electricity grid due to their substantial unpaid debts to the nation’s power sector. According to the Nigerian Electricity Regulatory Commission (NERC), international customers have failed to settle a debt of $5.79 million for electricity supplied in the second quarter of
.Nigerians must continue to demand accountability from their leaders –NLC .Resist APC’s totalitarianism, exploitation, PDP tells Nigerians .At 64, Nigeria lacks political inclusivity, free, fair election, says Atiku By Ukpono Ukpong & Tunde Opalana As Nigerians mark the bation’s 64th Independence anniversary today, October 1, the Nigeria Labour Congress (NLC),
BY GODWIN ANYEBE Nigeria and other emerging markets are poised to benefit from the recent decision by the U.S. Federal Reserve to cut interest rates by 50 basis points, marking the first reduction in four years. This move is expected to trigger significant foreign capital inflows into Nigeria as global investors seek higher-yielding opportunities outside […]
BY MOTOLANI OSENI Nigeria has been ranked as a Tier-3 country in the 2024 Global Cybersecurity Index (GCI) released by the International Telecommunication Union (ITU) The latest report places Nigeria in a mid-tier classification for its efforts in combating cyber threats, improving national cyber resilience, and developing a secure digital environment. The ITU’s GCI
Throughout history, nations facing threats of destruction often findthemselves targeted through a universal pattern of vilification of keyfigures in the defense sector, particularly Defense Ministers and theiraides. This strategy aims to weaken the nation’s defensive capabilitiesand erode public trust in its leadership, ultimately leading todestabilization and
Team Nigeria ended its campaign at the XXXIII Olympic Games on Saturday with no medal to show for efforts which began in Bordeaux a day before the event’s opening ceremony. Before ending its participation a day before the closing ceremony, its athletes had participated in 12 sports. These were in athletics (35), badminton (1), basketball […]
Nigeria moved up to second place in the Africa Domain Name Industry, according to the latest study commissioned by the Internet Corporation for Assigned Names and Numbers (ICANN) in collaboration with PowerSoft Africa. Similarly, African country code Top-level Domains report shows 4.33million registrations as at November 2023 and additional 1.4 million generic top level