NBS: Nigeria’s capital importation rose to $1.13bn in Q1 2023 — up by 6.8%
Capital importation grew by 6.78 percent in the first quarter of 2023, according to the National Bureau of Statistics (NBS). The total capital imported stood at $1.13 billion, up from the $1.06 billion recorded in Q4 2022. On a quarter-to-quarter basis, foreign investment into the country increased by 6.78 percent but dropped […]
June inflation, Lagos Startup Week… 7 business stories to track this week
Here are the seven top business news you need to track this week — July 10 to July 14. LAGOS STARTUP WEEK Lagos Startup Week, one of Nigeria’s most prominent tech festivals is set to hold on July 10, 2023 to July 15, 2023. The festival seeks to inspire growth, produce […]

Newspaper Headlines: Tinubu sends ministerial list to DSS, EFCC for scrutiny
Reports on President Bola Tinubu’s ministerial list and the attacks in Plateau state, dominate the cover pages of Nigerian newspapers today. Source: Top Stories
Tinubu’s presidency shows leadership should be based on merit, not entitlement, says el-Rufai
Nasir el-Rufai, former governor of Kaduna state, says the culture of citizens-centred governance should be encouraged in the country, to drive even development. NAN reports that El-Rufai spoke on Sunday at the launch of an autobiography and retirement programme of Ishaq Akintola, a professor at the Lagos State University (LASU). Akintola recently […]
I worked for Tinubu against PDP during election, says Fayose
Ayodele Fayose, former governor of Ekiti, says he will not accept a ministerial appointment from President Bola Tinubu. Speaking in an interview with Channels Television on Sunday, Fayose said young people should be given a chance in the cabinet of Tinubu. He said that the future of the young people in the […]
APC postpones NEC meeting over Tinubu’s election as ECOWAS chair
The All Progressives Congress (APC) has postponed its national caucus and national executive committee (NEC) meetings by one week. The meetings which were initially scheduled to hold on July 10 and 11 will now take place on July 18 and 19. While the national caucus gathering will hold at the presidential villa, […]
Yari was not invited for ignoring Tinubu’s phone calls, says DSS
The Department of State Services (DSS) says Abdulaziz Yari, senator representing Zamfara west, was not invited over alleged refusal to respond to telephone calls from President Bola Tinubu. Recently, a report alleged that Yari was arrested and detained by the DSS over the claim that he shunned Tinubu’s telephone calls in June. […]
Four-month-old baby, 13 passengers killed in Lagos auto crash
Fourteen persons, including a four-month-old baby, died on Sunday morning in a road accident along the Lagos-Badagry expressway. Williams Manga, unit commander of the Federal Road Safety Corps (FRSC), who spoke to NAN in Badagry, said nine other persons sustained injuries in the accident. He said a commercial bus (Mazda) with registration […]
IT’S OFFICIAL: Tinubu elected ECOWAS chairman
President Bola Ahmed Tinubu has been elected the chairman of the Economic Community of West African States (ECOWAS). He was elected at the 63rd ordinary session of the ECOWAS Authority of Heads of State and Government in Bissau, the capital city of the Republic of Guinea-Bissau. TheCable first reported that Tinubu was […]
CCB: DSS never raided our offices for documents on Tinubu
The Code of Code Bureau (CCB) says it was not true that operatives of the Department of State Services (DSS) raided its offices. On Friday, an online report alleged that officers of the DSS “removed” all incriminating files relating to Tinubu and close aides from ICPC and the Code of Conduct Bureau (CCB). […]
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