The Federal Government has expanded its National Poverty Reduction and Growth Strategy to Oyo State as part of efforts to equip young Nigerians with practical skills and promote entrepreneurship. In a statement on Thursday, the Senior Special Assistant to President Bola Tinubu on Technical, Vocational and Entrepreneurship Education, Dr Abiola Arogundade, said the initiative was…
Nigeria has retained its position as Africa’s fourth-largest hub for dollar millionaires, with 7,200 millionaires, 20 centi-millionaires and three billionaires, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. The country trails only South Africa, Egypt and Morocco on the continent’s wealth ranking. But behind this statistic…
Nigeria’s tax revenue jumped 49 percent in the first five months of 2026, reaching N15.8 trillion, driven by sweeping tax reforms and new levies on the petroleum and mining sectors. The performance exceeded government projections and marked a significant fiscal milestone for the administration. Yet on the same day this achievement was celebrated, the International…
A new report has revealed that violent conflict across the northern part of the country is deepening poverty and weakening the ability of households to recover from economic shocks. The report, titled “Insecurity, Livelihoods and Welfare in Northern Nigeria,” identified three major forms of insecurity affecting the region: Boko Haram/ISWAP insurgency in the North-East, farmer-herder…
Isaac Fayose has voiced strong concerns over Nigeria’s economic situation while driving through Lagos, claiming that hardship has reduced road activity and calling for urgent political action. He further called for urgent political intervention, urging the Tinubu and Akpabio to take decisive action over the country’s leadership situation. His remarks have sparked mixed reactions online….
When international donors announce billion-dollar aid packages for Africa, the news is often welcomed with praise and celebration. However, behind the speeches and statistics lies a harsher truth: Africa gives away far more than it receives. Aid has become a smokescreen for a much older story, the systematic looting of the continent. Sub-Saharan Africa receives…
Jokotade Shonowo is a portrait photographer and creative entrepreneur redefining how people see themselves. For over 14 years, through her Lagos-based studio, PoshClick Portraiture, she has created timeless portraits that go beyond photography, offering clients a journey of self-discovery and confidence. Beyond the camera, she leads the PoshClick Foundation and Beyond the Shutter, initiatives that…
By Asuquo Cletus CALABAR (CONVERSEER) – As part of the effort in celebrating the 2025 World Humanitarian Day, the Chairman of the Nigerian Union of Journalists (NUJ), Cross River State Council, Archibong Bassey, has launched a humanitarian initiative known as PADBANK. The initiative is aimed at tackling period poverty as well as restoring dignity to…
“I drank garri for months” – Kaffy recounts family’s fall from wealth to poverty Award-winning Nigerian dancer and choreographer, Kafayat Shafau, popularly known as Kaffy, has opened up about her difficult childhood, revealing how her parents went from riches to rags. Speaking on a recent episode of the Honest Bunch Podcast, the 45-year-old dance icon shared how…
For decades, the International Monetary Fund (IMF) has been a central player in shaping Africa’s economic landscape. With its reach extending across nearly every corner of the continent, from Ghana to Zambia, Tunisia to Mozambique, the IMF has extended billions of dollars in loans, offered technical assistance, and demanded structural reforms. But while the Fund…
