Eko hot blog reports that In a groundbreaking move, Nigeria is gearing up to kickstart the official export of locally produced goods to South Africa, Rwanda, Cameroon, and Kenya starting next month. This initiative falls under the Guided Trade Initiative of the African Continental Free Trade Area (AfCFTA), marking a significant step towards boosting intra-African … Read more
Eko Hot Blog reports that Vincent Enyeama, the ex-Nigerian international, has conveyed his eagerness to join the coaching staff of the Super Eagles if offered the position. Editor’s Pick JUST IN: Confusion As Power Outage Hits Lagos Airport Lagos Police, NEMA On Red Alert Over Warehouse Looting Reps Throw Weight Behind Upward Review Of Minimum … Read more
EKO HOT BLOG reports that amid Nigeria’s challenges with soaring inflation and increasing living expenses, organized labor, spearheaded by the Nigeria Labour Congress (NLC), has put forward a bold proposal for a minimum wage of N500,000 for Nigerian workers. This proposal coincides with the commencement of zonal public hearings on the new wage structure across six … Read more
EKO HOT BLOG reports that President Bola Ahmed Tinubu has implemented policy directives aimed at enhancing the investment climate and positioning Nigeria as the primary investment hub for the oil and gas sector in Africa. This information was disclosed in a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale. Ngelale emphasized … Read more
EKO HOT BLOG reports that Senator Sani Musa, who represents the Niger East Senatorial District of Niger State in the National Assembly, has conveyed his optimism regarding President Bola Tinubu ability to address the challenges confronting the nation. It’s been noted that under the Tinubu-led government, the elimination of fuel subsidy and the adoption of a … Read more
EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has announced the arrest of twenty-one food trucks destined for neighbouring nations. The anti-graft agency confirmed the interception in an official statement released on Tuesday via its X handle. According to the EFCC, the goods were en route to N’djamena, Chad Republic, Central African … Read more
EKO HOT BLOG reports that the House of Representatives Committee on Financial Crimes is preparing to enforce its constitutional powers against Binance Holdings Limited after the company failed to attend a public hearing. The hearing aimed to address allegations of terrorism financing, money laundering, tax evasion, and other illicit activities against the digital assets exchange operator … Read more
Wemy Industries, a leading Nigerian manufacturing company, is pursuing economic diversification and regional expansion to drive growth. The company has expanded its export market to other African countries, leveraging the stronger CFA currency to increase production capacity. Wemy Industries is focusing on backward integration by engaging with local cotton farmers to cultivate raw materials, reducing … Read more
Eko Hot Blog reports that Nigerian forward Tolu Arokodare, playing for Genk in the Belgium Pro League, has been subjected to online racial abuse after missing a penalty in their loss against Club Brugge. The incident involving Arokodare occurred during the game at the Cegeka Arena, where fifth-placed Genk hosted third-placed Club Brugge, aiming to … Read more
PDP chieftain urges VP Shettima to halt merger of Nigerian Army University Biu (NAUB) with NDA He backs calls against the merger, saying it will hurt education in the Northeast Durkwa says Shettima played a key role in establishing NAUB and should intervene Eko Hot Blog reports that Alhaji Idris Mamman Durkwa, a chieftain of … Read more
Eko Hot Blog reports that President Bola Ahmed Tinubu has departed Doha, Qatar for Abuja in Nigeria after his two-day state visit to the Arabian country. The Nigerian leader left the Presidential wing of the Doha International Airport on Monday morning and he is expected to arrive in Abuja in the evening. Editor’s Picks SIM-NIN … Read more
Eko Hot Blog reports that The Nigeria Employers’ Consultative Association has cautioned that the expatriate employment levy imposed by the Ministry of Interior could discourage investments in the country. The association criticized the tax, highlighting the necessity for specific regulations to precede the implementation of such levies. Editor’s Pick Only Implementation Of Agreement’ll Stop Nationwide … Read more
Eko Hot Blog reports that the Emir of Qatar has praised President Bola Ahmed Tinubu, saying he’s impressed by how the Nigerian leader’s drive is contributing to positive changes and creating new opportunities. The Qatar Leader said this on Sunday during the signing of historic multi-sectoral agreements between Nigeria and Qatar. Editor’s Picks “Get Ready … Read more
APC chieftain Olatunbosun Oyintiloye challenges governors to account for increased allocation from post-fuel subsidy removal Calls for transparency on how the windfall has been utilized to alleviate economic hardship Urges governors and civil servants to support President Tinubu’s efforts to fix the economy Eko Hot Blog reports that an All Progressives Congress (APC) chieftain in … Read more
President Bola Tinubu urges Qatari investors to report any Nigerian official demanding bribes. Tinubu assures investors of reforms, ease of doing business, and protection of investments in Nigeria. Promises to remove obstacles hindering investments and ensure free mobility of funds. Eko Hot Blog reports that President Bola Tinubu has called on Qatari captains of industry … Read more
EKO HOT BLOG reports that the North-West, South-West, and South-South geopolitical zones of the country may not present a presidential candidate in the 2027 general election if the ongoing efforts to amend relevant provisions of the 1999 Constitution (as amended) are successful. This online media platform has learned that a bill titled “An Act to alter … Read more
Federal government begins prosecuting 196 suspects for electoral offenses during 2023 elections Offenses include vote-buying, unlawful arms possession, dereliction of duty by INEC officials NBA provides pro bono legal services, cases being heard in state and federal courts Eko Hot Blog reports that the Federal Government has commenced the prosecution of 196 suspects, including INEC … Read more
By abiodun KOMOLAFE Nigeria is at a critical juncture; and in such a context, it is “cometh the moment, cometh the man”. For President Bola Tinubu, this adversity should be turned into a historic advantage which should propel him to be the creator of a new society and his place in history will be assured, … Read more
Power minister summons Abuja, Ibadan Discos over poor supply TCN MD also called over nationwide electricity woes Discos face sanctions for deliberate underperformance Eko Hot Blog reports that the Minister of Power, Chief Adebayo Adelabu, has summoned electricity distribution companies in Abuja and Ibadan over declining power supply in their areas. The Managing Director of … Read more
EKO HOT BLOG reports that the President Bola Ahmed Tinubu-led Federal Government has denied slamming a $10 billion fine on the cryptocurrency trading platform, Binance, over the free fall of the naira. In an interview with the BBC on Friday, presidential spokesman, Bayo Onanuga, had accused the cryptocurrency platform of aiding those fixing the Nigerian exchange … Read more