September 05
Nigeria: We'll Support 'Loyal, Existing' Local Companies - BOI
The Bank of Industry (BoI) has vowed to support loyal and existing local companies that have continued to invest in the nation despite the global economic downturn. Read more »
Nigeria: Petrol Price Hike - Transport Fares Surge 50 Percent Nationwide
Commuters express worry; protest breaks out in Delta Inflation may rise further - MAN Afenifere, PDP demand reversal of increase TUC asks govt to rescind decision Tinubu didn't… Read more »
Nigeria: Banks' Loans to Private Sector Hit N2.3trn in 1 Month - Report
A new report indicated that commercial banks' credits to the private sector rose by about N2.3 trillion between June and July 2024. Read more »
Nigeria: RTEAN Dissolves Oyo Executive
The national leadership of the Road Transport Employers' Association of Nigeria (RTEAN) has dissolved its branch executive in Oyo State. Read more »
Nigeria: Osimhen Secures N10.6bn Annual Salary With Galatasaray
Victor Osimhen is set to earn a net salary of €6 million (N10.6bn) during his season-long loan at Galatasaray from Napoli. Read more »
Nigeria: Death Toll in Kano Building Collapse Rises to 3 - NEMA
The National Emergency Management Agency (NEMA) says the death toll from the building collapse at Noman's Land Quarters, Fagge Local Government Area of Kano, has risen to three… Read more »
September 04
Nigeria: FG to Unveil Raw Materials Database to Drive Industrial Growth
The Raw Materials Research and Development Council (RMRDC) has said it will launch a comprehensive Nigeria's raw materials database this month, to bolster the country's industrial… Read more »
Nigeria: Bitcoin's Path to $190k - The Role of Stablecoins in 2024
In 2024, the cryptocurrency market is abuzz with predictions of Bitcoin reaching a staggering $190,000. This potential surge is fueled by various factors, including macroeconomic… Read more »
Nigeria: NSCDC Arrests 7 for Illegal Mining, Robbery in Ondo
Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) in Ondo State have apprehended seven individuals for alleged involvement in illegal mining, theft, and armed… Read more »
Nigeria: There Is Need for Minimum Pension
The pension emoluments under the Defined Benefit Scheme should be reviewed upwards to align with present realities. The pensioners under this scheme retired from service when the… Read more »
Nigeria: Provide Solutions to Fix Power Sector Not Excuses, Nerc Tells Discos
The Chairman of the Nigeria Electricity Regulatory Commission (NERC), Sanusi Garba, has charged Investors and owners of DisCos in the Nigerian Electricity Supply Industry to come… Read more »
Nigeria: NLC, Naccima, Others Demand Petrol Price Hike Reversal
'Increase will hurt businesses, worsen inflation' Citizens urge gov't to reconsider Dangote refinery rolls out PMS, silent on cost Read more »
Nigeria: Premium Bakers Deny Using Substandard Materials
Bakers under the umbrella of the Premium Breadmakers Association of Nigeria (PBAN) have dismissed claims of using unwholesome and substandard materials in the production of bread. Read more »
Nigeria: Policy On Health Workers' Migration Commendable, but.....
At a Federal Executive Council meeting where he presided, President Bola Ahmed Tinubu approved a new National Policy on Health Workforce Migration in the country. Read more »
West Africa: It Is Sad Nigeria Still Generating Below 6,000mw of Electricity - Sule
The governor of Nasarawa State, Engr. Abdullahi, has stated that it is sad Nigeria is still generating below 60,000 megawatt (MW) of electricity despite the ambitious plan to bring… Read more »
Nigeria: N100bn Consumer Credit Kicks Off As FG Targets 500,000 Civil Servants
...Nigerians to get single-digit loan Read more »
Nigeria: When Interest Groups Capture Markets
The current crises pervading the Nigerian economy are symptomatic of a market system that has been captured or cornered by vested interests. Read more »
Nigeria: 72.5km Lagos Gas Pipeline Will Enhance Energy Security, Boost Supply - NGA
The Nigerian Gas Association (NGA) has lauded Axxela Limited and NNPC Gas Marketing Limited (NGML) for the commissioning of the first phase of their 72.5km natural gas pipeline… Read more »
West Africa: Nigeria Underutilising Its Economic Potential - NESG
The Nigerian Economic Summit Group (NESG) has stated that the country is underutilising its economic potential on the African continent and globally and called for collaboration… Read more »
Nigeria: Winners of Business Creatives Pitch to Get N35m Each From Swarovski Foundation
The Swarovski Foundation, an international non-government organisation focused on promoting sustainability, is seeking new leaders in sustainability through its "The Creatives for… Read more »
Nigeria: Dangote Industries Limited Rated Nigeria's Most Valuable Brand for 7th Time
For the seventh consecutive year, Dangote Industries Limited has emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom, etc. Read more »
Nigeria: Nigeria Now Third Largest Debtor to World Bank's IDA
Nigeria has ascended to the third-largest debtor to the World Bank's International Development Association (IDA) as of June 30, 2024, reflecting a significant increase in the… Read more »
September 02
Nigeria: Kaduna Earned N171bn, Spent N164.6bn in 1st Half of 2024
The Kaduna State Government has said that it earned N171.7 billion and spent N164.6 billion, representing a half-year budget performance of 37.48 per cent and 35.92 per cent of the… Read more »
Nigeria: FCT Teachers Issue 14-Days Ultimatum Over 60 Percent Arrears
The FCT Wing of the Nigeria Union Teachers (NUT) has issued a 14-day ultimatum to the six area council chairmen in the territory to pay the remaining 60 per cent of the 25 months'… Read more »
Nigeria: CBN Mum Bulletproof Suvs for Governor, Deputies
CISLAC condemns extravagant spending, demands cost of governance reduction Read more »