Gambling has continued to grow in Nigeria and more betting companies have started to launch in the country. For these online platforms to operate in Nigeria, they have to get a licence from the National Lottery Regulatory Commission (NLRC). Recently, the media was awash with reports of the House of Representatives moves to regulate or […]

By Precious Chukwudi The longstanding norm of annual rent payments reduces risks for landlords and gives them more financial flexibility But with Nigeria’s economy in crisis and the cost of living sky rocketing, the pressures of coming up with huge bulk payments for somewhere to live are becoming unbearable for many. Given that, some lawmakers […]

By Damilola Ogunsakin In a tragic turn of events, John Ikechukwu Okafor, popularly known as Mr Ibu, passed away on Saturday, March 2, 2024. The renowned Nigerian actor and comedian, born on October 17, 1961, succumbed to an illness that had plagued him in recent months. Okafor’s health struggles were first brought to light in […]

By Damilola Ogunsakin Power Distribution Companies are now implementing supply rationing due to a significant power deficit in Nigeria, reaching almost 16,000 megawatts despite granting generation licenses to 40 Generation Companies (GenCos).  Recent data from the Independent System Operator as of on February 18, 2024, indicates that only 16 of the country’s power plants are […]

By Damilola Ogunsakin Nigeria, the giant of Africa, is facing unprecedented economic hardship that has left millions of its citizens struggling to make ends meet. From buying cheap fuel at N189 per litre, to N600 and above, to paying far more for less units of electricity, life is now unbearable for most Nigerians, with many […]

By Damilola Ogunsakin Nigeria is facing an unprecedented economic crisis, with inflation rising from 28.92% in December to 29.90% in January 2024. Apart from inflation, the rising unemployment rate has left one-third of Nigeria’s working population unemployed. Basic necessities such as food, housing and healthcare are becoming increasingly difficult to obtain, pushing many families to […]

There was chaos and confusion on Friday at the Nigeria Customs Office in Yaba when what was supposed to be a gesture of assistance from the government, the distribution of 25kg bags of rice, turned into an unpleasant scene, leaving many citizens frustrated and struggling.