Global credit rating agency Fitch has revised Nigeria’s long-term foreign-currency issuer default rating (IDR) outlook from Negative to Stable, upgrading the country’s rating from ‘B-’ to ‘B’. The IDR reflects an entity’s vulnerability to default on financial obligations, including distressed debt exchanges. In a statement released on Friday, Fitch said the decision was driven by renewed confidence in Nigeria’s policy direction, following the implementation of significant economic reforms since June 2023. The upgrade reflects increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary…
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Year 2025 DJ Mix – Latest Afrobeat Dj Mix DJ Dave, a sensational Nigerian disc jockey, begins the year with Volume 2 of the fascinating mixtape “Vibes And Trabaye Vol 2.” Vibes and Trabaye Vol. 2 is a mixtape that contains current dope songs from Nigeria, Africa, and beyond. #1. Ruger – Asiwaju* #2. Asake – Nzaza* #3. Timaya – Sweet us* #4. Joeboy – Likkle Riddim* #5. DJames the DJ – Particula refix* #6. Ayrra Starr – Rush* #7. Yung L – SOS (Throwback)* #8. DJ Tunez Ft. Wizkid, Alpha P – Majo* #9. Blaqbonez – Back in Uni*…
Joeboy Unveils Third Studio Album Viva Lavida Under Young Legend and Warner Music Africa Afrobeats sensation Joeboy has officially released his highly anticipated third studio album, Viva Lavida, through Young Legend and Warner Music Africa. This thirteen-track project marks a significant milestone in Joeboy’s career, showcasing his evolution as an artist while embracing a more refined and introspective storytelling approach. Translating to “Live Life“ in English, Viva Lavida explores a wide range of themes, from love and heartbreak to resilience, self-empowerment, and personal growth. Each track serves as a chapter in Joeboy’s journey, allowing listeners to experience his musical maturity…
MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria. The deal is borne out of the desire to extend digital and financial inclusion across Africa, a statement dated March 25 on MTN’s website said. These sharing agreements target improved network cost efficiencies, expanded coverage and the provision of enhanced mobile services to millions of customers, particularly those in remote and rural areas who do not yet fully enjoy the benefits of a modern connected life. MTN Group President and Chief Executive Officer Ralph Mupita said operators on the continent were seeing sustained…
The Nigeria Customs Service (NCS) yesterday announced the exemption of raw materials for the production of healthcare products in the country from both duties and Value Added Tax (VAT). Customs Spokesman, Abdullahi Maiwada (AC), in a statement, said that the move was in line with President Bola Tinubu’s Executive Order, aimed at driving down prices of such projects He said: “The Nigeria Customs Service (NCS) is pleased to announce that His Excellency, President Bola Ahmed Tinubu GCFR, through the Honourable Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has approved the comprehensive guidelines to actualise these objectives.…
The Ekiti High Court sitting in Ado-Ekiti on Thursday sentenced two men to death by hanging for armed robbery. The defendants, Olusegun Folorunso, 53, and Ajayi Dele, 51, were arraigned before Justice Olusegun Ogunyemi on a three-count charge of conspiracy and armed robbery. During the trial, the prosecution counsel, Kunle-Shina Adeyemi, told the court that the defendants committed the crime on Aug. 24, 2022, along Erio-Ekiti. He said the defendants, armed with guns and cutlasses, robbed one Ajogbeje Ayodeji of his ash-coloured Hyundai Sonata, phone, and laptop. “On the same day, they also robbed Oluwasegun Oke of his phone,”he told…
Didi B, an incredibly gifted Ivorian singer and songwriter, has discovered a brand-new, intriguing tune called “Good Vibes.” Furthermore, Zinoleesky, a hugely talented Nigerian singer and composer and Marlian Music signee, contributed musically to the creation of this song. Last but not least, if you genuinely appreciate upbeat standard music, this remarkable new album is another magnificent smash that merits a spot in your music collection. As you listen, kindly drop your comment below. DOWNLOAD NOW
GBC Records signee and very gifted Nigerian indigenous solo rapper Rord Kelly has captivated listeners with another lovely song called “Chikito. He enlisted the musical assistance of BoyPee, a phenomenally gifted Nigerian singer and composer, to make it truly exceptional. Last but not least, if you genuinely appreciate upbeat standard music, this remarkable new album is another magnificent smash that merits a spot in your music collection. As you listen, kindly drop your comment below. DOWNLOAD NOW
Mr Emmanuel Obodoezie, a tricycle operator in Ariaria International Market, Aba, Abia on Wednesday returned N2.04 million to a trader who forgot it in his tricycle after alighting. Obodoezie was celebrated by Ariaria traders for remaining upright in the face of Nigeria’s economic hardships. The tricycle operator told the News Agency of Nigeria NAN) that he picked a woman along Powerline Road and she alighted somewhere around Free Zone area where fish is sold. Obodoezie said that he told the woman that her fare was N300 but the woman gave him only N250 and he collected it from her without…
Retired Vice Admiral Ibok-Ete Ibas, the Administrator of Rivers State, has said he would work with all stakeholders to maintain law and order in the state. Ibas said this while addressing State House correspondents after his swearing in by President Bola Tinubu at the Presidential Villa, Abuja, on Wednesday. Mr Lateef Fagbemi, the Attorney General of the Federation and Justice Minister; Femi Gbajabiamila, the Chief of Staff to the President, and other aides of the President witnessed the short inauguration ceremony at the State House. Ibas said: “First, I think we know the circumstances that led to where we are…