News Agency of Nigeria (NAN)

The News Agency of Nigeria serves as the main source of news content for the country's media landscape, including newspapers, online platforms, and bloggers. It was founded by the Nigerian Government through Decree 19 in 1976 and officially began its operations on October 2, 1978.

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Osun harmonises ticketing system for commercial motorcycles, tricycles

1 day ago | nannews.ng | Ismail Abdulaziz

Osun harmonises ticketing system for commercial motorcycles, tricycles By Temitope PonleThe Osun Government has approved a unified ticketing system for commercial motorcycle and tricycle operators across the state, in a bid to avoid leakages, extortion and multiple ticketing,This is contained in a statement issued by the Commissioner for Transportation, Mr Sesan Oyedele, on Wednesday in Osogbo.
NYSC: Review or scrap?

1 day ago | nannews.ng | Ismail Abdulaziz

By Kayode Adebiyi, News Agency of Nigeria (NAN)When the Federal Military Government, under the leadership of Gen. Yakubu Gowon (retired), set up the NYSC post-Civil War in 1973, many Nigerians praised the scheme. The mandatory, post-tertiary scheme was part of efforts to “reconstruct, reconcile and rebuild the country” after the Nigerian civil war. Today, 52 years later, the programme has come under serious scrutiny.
IMF projects 3% economic growth for Nigeria

1 day ago | nannews.ng | Ismail Abdulaziz

IMF projects 3% economic growth for Nigeria By Nana MusaThe International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026.
FG reforms have improved Nigeria’s macroeconomic outlook – Report - NEWS AGENCY OF NIGERIA

1 day ago | nannews.ng | Ismail Abdulaziz

By Nana MusaMr Jason Wu, Assistant Director for Global Markets, International Monetary Fund (IMF), said that the recent government reforms had improved Nigeria’s macroeconomic outlook. Wu said this at the ongoing IMF/World Bank 2025 Spring Meetings in Washington, D.C. on Tuesday, during the release of the agency’s Global Financial Stability report for April 2205.
Harvard University sues Trump administration over funding freeze

2 days ago | nannews.ng | Ismail Abdulaziz

“Moments ago, we filed a lawsuit to halt the funding freeze because it is unlawful and beyond the government’s authority,” Garber said in a statement. The case, filed in Massachusetts, targets officials from the Departments of Health and Human Services, Justice, Education, and Defense, among others. It comes after the administration threatened to withhold an additional one billion dollars in federal grants, following an earlier freeze of 2.2 billion dollars, according to the Wall Street Journal.
Queen Sonja in hospital with breathing difficulties

2 days ago | nannews.ng | Ismail Abdulaziz

The Norwegian royal court announced on Tuesday that the queen, who is 87 years old, was admitted to the University Hospital in Oslo due to breathing difficulties. The radio station NRK reported that Sonja arrived at the hospital late on Monday evening. The palace statement said that Sonja was picked up from the royal ski and hunting lodge about 300 kilometres north-west of Oslo. The Norwegian royal family traditionally spends the Easter holidays there.
Eagles win Dutch Cup to end 92-year trophy drought

2 days ago | nannews.ng | Ismail Abdulaziz

The club from Deventer converted all of their spot kicks, and goalkeeper Jari de Busser saved twice to clinch the trophy on Monday night in Rotterdam. Substitute Julius Dirksen clinched matters and as per tradition the winners then celebrated in green bathrobes. The score was locked at 1-1 after 90 and 120 minutes. Favoured AZ led from Troy Parrott’s retaken penalty early in the second half, but Go Ahead levelled in the ninth minute of stoppage time, also from the spot through captain Mats Deij.
Mercedes to conquer Chinese market with ‘supercomputers on wheels’

2 days ago | nannews.ng | Ismail Abdulaziz

“We will introduce the most efficient and intelligent cars we have ever built,” said Mercedes-Benz chief executive Ola Källenius in Shanghai. He described the company’s vision as “supercomputers on wheels.”China is the most important market for the German car company and important for technical innovations, said Källenius. During his meeting with President Xi Jinping, he had emphasised that China and Mercedes are linked by a “deep friendship,” according to the chief executive.
Stable world order may emerge if…— Chinese economist - NEWS AGENCY OF NIGERIA

2 days ago | nannews.ng | Ismail Abdulaziz

By Busayo OnijalaA new, more stable world structure may emerge if China’s per capita GDP reaches half of the United States’, says Prof. Yifu Lin, Honorary Dean, National School of Development, Peking University. Lin, who is also a former World Bank Chief Economist and Senior Vice President, Development Economics, said this during a lecture organised by China Public Diplomacy Association (CPDA) in Beijing.
AI transforms various sectors, improve worlds economy- IMF director - NEWS AGENCY OF NIGERIA

2 days ago | nannews.ng | Ismail Abdulaziz

By Nana MusaMs Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), says that Artificial Intelligence (AI) has transformed various sectors, as well as security markets. Gopinath, however, cautioned against inherent risks. She said this on Monday, during the second IMF-International Organisation of Securities Commissions (IOSCO) conference discussions on key trends in AI and Exchange Traded Funds (ETFs).