The Special Adviser on Public Communication and Orientation to President Bola Tinubu, Sunday Dare, has addressed mounting concerns over the delay in appointing ambassadors to Nigeria’s 109 missions, 76 embassies, 22 high commissions, and 11 consulates globally. EKO HOT BLOG reports that Speaking in an interview with Premium Times, Dare clarified that the President is taking … Read more
Nigeria’s exports to France soared to over N3.9 trillion (approximately $2.4 billion) in the first half of 2024, securing France’s position as Nigeria’s top export destination among individual countries. According to data from the National Bureau of Statistics (NBS), Nigeria’s total exports for the same period amounted to around N38.5 trillion ($24 billion). This robust … Read more
President Bola Ahmed Tinubu has reaffirmed the federal government’s commitment to combating hunger and poverty while advocating for Nigeria’s inclusion in the G20 as a step toward addressing global challenges. Speaking at the 19th G20 Leaders’ Summit in Rio de Janeiro, Brazil, Tinubu expressed his administration’s determination to lead discussions on sustainable development, energy transition, … Read more
President Bola Ahmed Tinubu is currently leading the Federal Executive Council (FEC) meeting at the State House in Abuja, which began at 1:11 pm. This marks the first FEC session after last Wednesday’s meeting was canceled due to the passing of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja. EDITOR’S PICKS Trump Taps … Read more
Eko Hot Blog reports that the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has disclosed that $2.4 billion, out of the reported $7 billion in outstanding foreign exchange liabilities of the federal government, cannot be considered valid for settlement. Cardoso made this revelation in an interview with Arise Television on Monday. He … Read more
The Nigerian Diaspora Investment summit will be declared open by Vice President Yemi Osinbajo The summit highlights the fact that Nigerians in Diaspora today make for the biggest net contributor to foreign direct investment flows. EHO HOT BLOG reports that about 5000 Nigerians living abroad are scheduled to attend the 2021 Nigerian Diaspora Investment Summit … Read more
The Lagos Chamber of Commerce and Industry says the worsening poverty in the country posed a great deal of risk to Nigeria’s democratic process and security. Nigeria’s Gross Domestic Product, Foreign Direct Investment, foreign exchange rate, and lending rate, among others, were all weak between 2015 and 2019, the chamber said on Sunday in its … Read more