September 27, 2022
Nigeria: 50 Borno Women Get Renewable Energy Stoves
The North East Development Commission (NEDC), in collaboration with the Borno State Government, has trained 50 women on how to use renewable energy stoves. Read more »
Nigeria: IMF, First Bank Seek Unified Exchange Rate for Nigeria
The International Monetary Fund (IMF) has recommended a unified exchange rate to strengthen Nigeria's macro economy and external reserves. Read more »
September 26, 2022
Nigeria: PenCom Approves Use of 25% Pension Savings for Mortgage
The National Pension Commission (PenCom) has issued Guidelines on Accessing Retirement Savings Account (RSA) of 25 per cent savings to pay equity contribution for residential… Read more »
Nigeria: August Revenue Drops By N280 Billion as Govt, States, LGAs Share N673.137 Billion
The revenue shared in August by the three tiers of government dropped by 280.948 billion as the federal, state and Local Government Councils (LGCs) shared N673.137bn. Read more »
Nigeria: NNPC Debunks Claims of Operating Secret Account
The Nigerian National Petroleum Company Ltd has said it does not operate a secret account. Read more »
Nigeria: Govt Woos Investors, to Concession Lagos-Ibadan, Abuja-Kaduna Rail, Others
The federal government is seeking investors as it plans to concession the Lagos-Ibadan, Abuja-Kaduna and Itakpe-Warri standard gauge rail services. Read more »
Nigeria: Despite High External Reserve, Forex Pressure Remains As MPC Meets Today
As the Monetary Policy Committee (MPC) meets today and tomorrow, there are posers over a relief for the weakening naira or the speedy inflationary rise, which has prevailed despite… Read more »
September 23, 2022
Nigeria: MultiChoice, Others Resist Pay-Per-View TV Billing
Major cable television operators in Nigeria and other stakeholders have said that the Pay-Per-View (PPV) subscription model being canvassed by the Senate is difficult to implement. Read more »
Nigeria: 'Trade, Investment Should Be Rights-Based in Nigeria, Others'
An Independent Expert of the United Nations Working Group on Business and Human Rights in Africa, Prof. Damilola Olawuyi has called for a rights-based approach to trade,… Read more »
Nigeria: Nigerian Airports Processed 15.8m Passengers in 1 Year
Airports in Nigeria had 15.8 million passengers passing through them in 2021, a 69 per cent rise in air passenger rate, according to the Federal Airports Authority of Nigeria… Read more »
September 22, 2022
Nigeria: Energy Transition Plan to Create 840,000 Jobs By 2060 - Buhari
President Muhammadu Buhari has said Nigeria's rapid transition to renewable energy will result in significant job creation with up to 340,000 jobs created by 2030 and up to 840,000… Read more »
Nigeria: Govt Has Spent N1.6 Trillion On Power Sector - El-Rufai
Kaduna State governor, Malam Nasir El-Rufai, has said the privatised electric power sector has remained a drain on government resources absorbing about N1.6 trillion in support… Read more »
Nigeria: Forex Scarcity - Banks Suspend Int'l Transactions On Naira Debit Cards
Nigerians will not be able to use their Naira debit cards for international transactions as scarcity of foreign exchange (forex)worsens in Africa's largest economy and biggest oil… Read more »
Nigeria: Oil, Gas to Attract More Capital With Energy Transition - NNPC
NNPC Ltd has said with the ongoing push for energy transition, the Nigerian petroleum industry is positioned to attract more investments from banks and investors. Read more »
Nigeria: Airlines Record 93 Bird Strikes in 6 Months
The Nigerian aviation industry has recorded 93 bird strike incidents in the first half of 2022 with 54 of the incidents happening at the Murtala Muhammed International Airport… Read more »
September 21, 2022
Nigeria: Kaduna Govt Warns Against Protest On Kaduna-Abuja Highway
Kaduna State government has warned citizens against blocking Kaduna-Abuja Road or any routes to express dissatisfaction, describing it as unacceptable and a prelude to the… Read more »
Nigeria: Crude Oil Theft May Crash Economy, Lawan Warns
Senate President Ahmad Lawan has warned that unless prompt action is taken, crude oil theft may stagnate the economy and drive it into a coma. Read more »
September 20, 2022
Nigeria: Dammy Krane Calls Out Davido, Rich Friends Over Debt
Nigerian artiste Dammy Krane has called out music star, Davido over an alleged debt. Read more »
August 30, 2022
Nigeria: We Are Disappointed in Buhari's Ministers for Telling Lies - ASUU
The Academic Staff Union of Universities (ASUU) has accused some members of President Muhammadu Buhari's executive council of peddling lies against the union in the course of their… Read more »
August 21, 2022
Nigeria: Why Govt Must Promote Sunflower Farming
As global supply of edible oil shrinks Read more »
September 20, 2022
Nigeria: Disquiet Over 'Selection' of Core Investor for Nigeria Air
There is disquiet in the aviation industry over the purported selection of Ethiopian Airlines, Africa's largest aviation group, as the technical partner/core investors for the… Read more »
Nigeria: SNEPCo to Shut Down 200,000 Bpd Bonga Vessel for Maintenance
Shell Nigeria Exploration, and Production Company Limited (SNEPCo) has announced that its 200,000 barrels per day capacity Bonga Floating Production Storage and Offloading (FPSO)… Read more »
September 19, 2022
Nigeria: Multiple Flights Rescheduled As Students Paralyse Activities At Lagos Airport
SUB: Several flights have been rescheduled following the ongoing protest by students at the Murtala Muhammed International Airport (MMIA), Lagos.... Read more »
Nigeria: North-East Governors Ask Govt to Accelerate Mambilla Power Project
The North East Governors Forum (NEGF) has called on the federal government to accelerate the execution of the Mambilla Hydroelectricity project in Taraba State. Read more »
Nigeria: Bank Seeks Urgent Solutions to Bridge $30bn Healthcare Financing Gaps
FSDH Merchant Bank Limited has called for conversations around the urgency of healthcare financing in Nigeria, and the importance of digitization in supporting industry operations. Read more »