Saudi-Nigerian relations prompted by widespread visa cancellations at airport

The visas of 177 Nigerian nationals were revoked by Saudi authorities upon arrival in Jeddah. Image: Ayman Zaid/iStock Editorial/Getty Images   Saudi-Nigerian relations prompted by widespread visa cancellations at airport. After Saudi Arabia denied entry to 177 Nigerians on Monday, the country’s relations with Nigeria came under scrutiny. The foreign ministry of Nigeria reported that […]

Change of currency note of great disadvantage to farmers

Minister of agriculture Change of currency note of great disadvantage to farmers. The Federal Government declared on Monday that the Central Bank of Nigeria’s naira redesign strategy, which ran from December 15, 2022, to early February this year, when the Supreme Court ruled against it, bankrupted farmers. In a similar lament, federal lawmakers declared that […]

FG on a revival mission of Ajaokuta steel company

Ajaokuta steel company FG on a revival mission of Ajaokuta steel company. Shuaibu Audu, Minister of Steel Development, has asked N35 billion in assistance from financial institutions to resurrect the dormant Ajaokuta Steel Company. Audu stated that the partnership with financial institutions intended to seek the best financing solutions for re-starting the Ajaokuta light steel […]

$11-Billion Offer To Buy Australia’s Biggest Utility Company Crashes

Origin Energy. Image: oilprice.com.   $11-billion offer to buy Australia’s biggest utility company crashes. On Monday, a consortium of investors led by Brookfield attempted to acquire Origin Energy, the major energy retailer in Australia. However, not enough shareholders supported the proposal, and the $11 billion deal fell through. The Australian firm Origin Energy said today […]