Nigeria Breaking News

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J9C to hold lecture on business and policy strategy on January 9

J9C to hold lecture on business and policy strategy on January 9

The January 9th Collective (J9C), a socio-cultural group, has announced its annual public lecture on nation-building will hold on January 9. J9C, established on January 9, 2012, by a group of friends and colleague, is committed to promoting good governance, socio-economic development, and exploring the role of values in Nigeria’s past, present, and future. In …

Germany opens doors for skilled workers with expanded visa plans  

Germany opens doors for skilled workers with expanded visa plans  

Germany is working to address growing labor shortages in critical sectors by welcoming more skilled foreign workers. The country is set to increase professional visas in 2024, creating significant job opportunities for international applicants. This is intended to fill gaps in key industries and counterbalance Germany’s aging population. According to TravelBiz, Germany’s labor market is …

‘Moana 2’ earns N12.4million for first day advanced screening in Nigerian cinemas

‘Moana 2’ earns N12.4million for first day advanced screening in Nigerian cinemas

Moana 2 has earned N12.4 million during its first day of advanced screenings across 37 locations in Nigeria, according to newly released data. The figures highlight the film’s substantial appeal, as the sequel to Disney’s 2016 blockbuster resonated strongly with local audiences, setting a promising tone for its full theatrical release. This performance shows the …

Akwa Ibom govt plans 4-star Ibom Hotel in Abuja to diversify revenue streams beyond oil

Akwa Ibom govt plans 4-star Ibom Hotel in Abuja to diversify revenue streams beyond oil

The Akwa Ibom State Government has unveiled plans to construct a 4-star Ibom Hotel in Abuja as part of its broader strategy to diversify revenue streams and reduce dependence on oil. Governor Umo Eno made this announcement during his presentation of the 2025 budget proposal before the Akwa Ibom State House of Assembly on Wednesday. …

Nigeria seeks South Africa’s support for G20 and BRICS membership

Nigeria seeks South Africa’s support for G20 and BRICS membership

The Nigerian government has sought South Africa’s endorsement to attain full membership in the G20, BRICS, and the BRICS New Development Bank (NDB). The requests were made by Amb. Bianca Odumegwu-Ojukwu, Nigeria’s Minister of State for Foreign Affairs, during the closing remarks of the 11th Nigeria-South Africa Bi-National Commission (BNC) held in Cape Town, South …

Nollywood: The Uprising ‘Wives on Strike 3’ reaches N68.2 million in box office earnings

Nollywood: The Uprising ‘Wives on Strike 3’ reaches N68.2 million in box office earnings

Nollywood, The Uprising: Wives on Strike 3 has grossed N68.2 million in just its second weekend. Directed by Omoni Oboli, this film continues the powerful legacy of the Wives on Strike series. Opening with a weekend debut of N28.2 million, the movie has demonstrated momentum. Between October 25 and 31, it earned an additional N27.2 million, …

Africa has the potential to become the global capital for Bitcoin development - Abubakar Nur Khalil

Africa has the potential to become the global capital for Bitcoin development - Abubakar Nur Khalil

Abubakar Nur Khalil is a Nigerian programmer, Bitcoin core contributor, and CEO of Recursive Capital, a VC fund dedicated to funding Bitcoin-focused projects in Africa.   Recursive Capital was recently backed by Jack Dorsey, the Founder of Twitter in a Fund 1 raise alongside other investors like Pete Briger and Jeff Booth.   In this Interview with Nairametrics, He …

Nigerian Stocks end a November in red, first time since 2018

Nigerian Stocks end a November in red, first time since 2018

The All-Share Index fell by 0.15%, ending the month below its opening level in November, as price movements struggled to establish an upward trend.  This is the first time the All Share Index has closed the month of November in red since 2018 snapping a 5-year winning streak  By the close of trading on November …

Stablecoins to make up 10% of total US money supply and FX transactions -Report 

Stablecoins to make up 10% of total US money supply and FX transactions -Report 

An extensive joint report by Standard Chartered and Zodia Markets research has predicted stablecoins to account for 10% of the total US money supply and Foreign exchange transactions.   Stablecoins currently make up only 1% of the above metric in the US and are still a new alternative making up a tiny fraction of global financial …

Common pitfalls in memecoins investment, how to avoid them

Common pitfalls in memecoins investment, how to avoid them

Memecoins are associated with high-risk levels owing to their roots in memes and Internet humour. Many unqualified investors typically make blunders that lead to hefty losses Despite their immense profit potential. On-chain data showed that 15 out of 1.7 million meme coins experienced long-term success, with almost all meme coins failing in the long term …