President-elect Bola Tinubu and Vice President-elect Kashim Shettima are set to take over the reins of Nigeria on May 29, 2023. Recall that Tinubu and Shettima won the presidential election held across 36 states and the Federal Capital Territory (FCT) on February 25, 2023. The Independent National Electoral Commission declared Tinubu and Shettima president-elect and … Read more
By Praise Ben The tumultuous waters of the petroleum industry are familiar terrain for Nigeria. With vast oil reserves at her disposal, the nation’s potential for prosperity should be limitless. Sadly, a trifecta of corruption, mismanagement, and policy vagaries has stunted the growth of this promising industry. In recent times, the fuel subsidy regime has … Read more
Nigeria’s total debt stock has reached N46.25 trillion, which has mortgaged the country’s future through heavy obligations. The incoming President-elect, Asiwaju Bola Ahmed Tinubu, will inherit a daunting economic challenge with no apparent means of repayment for the colossal debt burden. To stabilize the economy and assure young Nigerians of hope in Nigeria, the incoming … Read more
A member of the APC has stated that most Nigerians will find it difficult to forgive Buhari. He claimed that Buhari’s apologies are of little consequence due to the massive damage inflicted on the country by his government’s policies and programmes. Kwamanda believes that institutional decisions such as the CBN’s naira redesign policy, and resultant … Read more
Obi has condemned rumours of alleged plans to remove Emefiele as CBN governor. According to the former governor removing Emefiele won’t change the economic situation of the country. Emefiele returned to the country on Monday morning and resumed office after the expiration of his annual leave. EKO HOT BLOG reports that the Presidential candidate of … Read more
By Philip Ibitoye Like a ravenous beast consuming everything in its path, Nigeria’s government continues to gobble up debt, with the Debt Management Office forecasting a possible N77 trillion debt by mid-2023. This is unsurprising to many citizens who are well aware of their government’s insatiable appetite for borrowing. Like a relentless wave crashing against … Read more
China’s economy is under severe strain as a wave of Covid cases sweeps across the country. Eko Hot Blog reports that since the world’s second largest economy drastically eased its Covid restrictions earlier this month, there has been no clear data on the extent of the virus’ spread on the national level. But several cities … Read more
Tinubu has pledged to reposition Nigeria’s Economy. EKO HOT BLOG reports that Bola Tinubu, the Presidential Candidate of the All Progressives Congress (APC), on Thursday promised entrepreneurs that if elected, he would reposition Nigeria for greater opportunities and development of its citizens. He also promised to work towards creating and enhancing the security situation in … Read more
Shehu Sani has opened up on Naira’s appreciation against Dollar. EKO HOT BLOG reports that the former Senator for Kaduna Central, Shehu Sani, has disclosed the reason for the recent appreciation of the naira against the dollar. This online media platform understands that the naira rose to N730/$ after falling to about 900/$ a few … Read more
Bola Tinubu, the presidential candidate of the All Progressives Congress, possesses a magic wand that will turn Nigeria around, according to Lagos State Governor Babajide Sanwo-Olu. EkoHotBlog reports that in an interactive meeting with industrialists, business executives, entrepreneurs, and foreign investors in Lagos on Tuesday, Tinubu and his team presented details of their economic plan … Read more
Atiku says the APC has “destroyed” Nigeria, telling Nigerians that they shouldn’t let the ruling party remain in power. Eko Hot Blog reports that Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), has claimed that the All Progressives Congress (APC) does not deserve the votes of Nigerians because the ruling party has … Read more
Details Of Governors’ Meeting At Aso Rock Has Been Revealed EKO HOT BLOG reports that members of the Nigerian Governors’ Forum on Wednesday, held a meeting at the State House Banquet Hall of the Presidential Villa, Aso Rock, Abuja. This online media platform gathered that the governors met over the state of the … Read more
Youth Council Has Blamed Emefiele Over Naira Devaluation EKO HOT BLOG reports that the National Youth Council of Nigeria (NYCN) has blamed the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele’s poor economic management policies for the recent free-fall of the Naira. This online media platform gathered that the Naira within the … Read more
In this article, EKO HOT BLOG brings to you the history of Osun State, Nigeria. All you need to know about the creation, economy, politics, legislation and culture of the state will be accessed here. EDITOR’S PICK: Yusuf Lasun Biography, Age, Education, Career, Wife, Children, Net Worth, Controversy Ademola Adeleke Biography, Age, Wife, Political Career, … Read more
Actor Aremu Afolayan attacks VP Osinbajo Aremu Afolayan counted 6500 Dirham and surprisingly disclosed it was equal to 1Million Naira EDITOR’S PICK: 5 Foods That Can Reduce Anxiety Instantly 3 Warning Signs Of Diabetes You Must Never Overlook 5 Bad Signs You Are Not Eating Enough Food EKO HOT BLOG reports that a Nollywood actor, … Read more
Nigeria’s Economy To Grow By 2.5% In 2022 – World Bank EKO HOT BLOG reports that Nigeria’s economy is expected to grow by 2.5 per cent in 2022 and by another 0.3 per cent next year, the World Bank has projected. The World Bank gave the forecast in its latest Global Economic Prospects report, a … Read more
2022: Primate Ayodele Releases Shocking Prophecies On Presidential Jet Crash, Release of Igboho, Nnamdi Kanu, AFCON, Other Key Issues EKO HOT BLOG reports that the leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has issued a series of prophecies for the coming New Year 2022 one of which is that a presidential jet will … Read more
By abiodun KOMOLAFE Fellow Nigerians, if reports emanating from the grapevine are anything to go by, then, interesting times beckon in 2022. Barring any unforeseen circumstances, the Nigerian government is expected to fully remove the “unsustainable and economically disingenuous” fuel and electricity subsidies next year. In simple terms, the dreaded full deregulation of the oil … Read more
EKO HOT BLOG gathers that Covid-19, debt ceiling, economy, North Korea, Petito are the top trending issues in the United States today October 13, 2021. COVID-19 COVID-19 cases are declining in the United States. But the number of new infections in children remains “exceptionally high” — with 148,222 cases reported in the week ending October … Read more