The International Monetary Fund (IMF) has asked the Nigerian government to improve domestic revenue mobilization to withstand global economic shocks. Paulo Medas, division chief, of the fiscal affairs department, IMF, said this on Wednesday in Washington at a session on…
Dangote’s 650,000bpd refinery 97% completed, says NMDPRA
‘Naira will become stronger once the refinery starts production The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that Dangote Petroleum Refinery is now 97 percent completed and will pump out fuel any moment soon. The agency also…
Dangote refinery to boost forex earnings
The Nigerian Midstream and Downstream Petroleum Regulatory Authority have expressed optimism that the 650,000 barrels per day capacity refinery being built by Dangote Industries Limited will significantly help strengthen the Nigerian naira once it is fully operational. The NMDPRA said…
Nollywood movies have grossed over N800 million so far in cinemas this year
2022 is proving to be a great year for film in Nollywood. More people are visiting cinemas and logging into streaming platforms to watch Nigerian movies. According to the Cinema Exhibitors Association of Nigeria, every Nollywood movie that has a theatrical release has…
Anikulapo ranks No.1 globally on Netflix
Anikulapo, a Netflix original movie produced and directed by veteran actor, Kunle Afolayan, is currently topping the Netflix weekly global chart as the most viewed non-English Netflix original movie. Since its release just 11 days ago, a weekly top 10…
Russian missiles target more than 40 Ukraine cities, towns
Russia warns of World War Three if Ukraine admitted to NATO Mykolaiv town “massively shelled”, says mayor Iran-made drones used in attacks near Kyiv – governor Biden says Putin “rational actor who has miscalculated” KYIV/BRUSSELS, Oct 13 (Reuters) – Russian…
UNILAG tops Nigerian varsities, ranks 401-500th in world
The University of Lagos is ranked first among Nigerian universities and 401-500th out of over 1,799 institutions across the world, the 2023 Times Higher Education World University Rankings released on Wednesday, October 12, 2022 reveals. UNILAG is sharing the first…
Billionaire Yuri Milner renounces Russian citizenship
Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in 2014. He made his decision known on Twitter yesterday citing that he left Russia in 2014 after the annexation of Crimea. Milner…