February 06, 2023
Nigeria: Analysts Express Concern Over Double-Dight Inflation On Investment
Analysts during the weekend x-rayed the state of Nigeria's double-digit inflation rate on investment in 2023, urging investors to utilize other opportunities in a tough business… Read more »
Nigeria: Govt Considering Fiscal Incentives to Boost Private Sector Investment in Education - Ahmed
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said the federal government is currently working to create fiscal incentives to encourage private… Read more »
February 04, 2023
Nigeria: Financial Inclusion, Youth and the Future of Banking
The COVID-19 pandemic may have disrupted global systems across trade, finance, health, and education, over the last three years, but for financial inclusion, it was a significant… Read more »
February 03, 2023
Nigeria: NNPC - Lingering Fuel Scarcity Not Deliberate Attempt to Influence, Scuttle Elections
*Kyari insists there's no fuel shortage, only distribution issues Read more »
Nigeria: CBN Authorises Over-the-Counter Payment of New Naira Notes
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday directed deposit money banks (DMBs) to commence payment of the redesigned naira notes over the… Read more »
Nigeria: FAAN Moves to Make Nigeria Major Player in Cargo Freighting
Chinedu Eze Read more »
Nigeria: Govt, Daewoo Sign Deal for Maintenance of Kaduna Refinery for $740million
*NNPC says Port Harcourt refinery 64% completed Read more »
Nigeria: Thousands of Nigerians Join Landmark Lawsuit Against Shell in UK
More than 13,500 Nigerians joined their communities in a lawsuit against Shell Plc before a landmark UK trial that could have far-reaching implications for parent-company… Read more »
February 02, 2023
Nigeria: 2 Dead, Scores Trapped As Commercial Complex Collapses in Abuja
Two persons were feared dead while over 50 people were trapped when a two-storey commercial complex under construction, collapsed Thursday in Gwarinpa District of the FCT. Read more »
Nigeria: Digital Economy Sector Most Successful in Diversification of Nigeria's Economy - Buhari
President Muhammadu Buhari has declared that the digital economy sector has been the most successful in the diversification of the nation's economy, saving the federal government… Read more »
Nigeria: Experts Call for Regulation On Reporting Cybersecurity Attacks
Cybersecurity experts have called for some form of regulations that will make organisations report cyber attacks, stressing that underreporting of cyber attacks is one of the major… Read more »
Nigeria: The Lekki Deep Sea Port
The port has immense potential for the economy Read more »
Nigeria: NCC Moves to Bridge Gender Inequality in ICT Sector
The Nigerian Communications Commission (NCC) has introduced the "Nigerian Girls Can Code," as part of efforts to bridge the gender gap between male and female stakeholders in the… Read more »
Nigeria: Let Every State Determine Salaries, Allowances of Its Officials, Akeredolu Recommends to Govt
The Chairman of the Southern Nigeria Governors' Forum and Ondo State Governor, Mr. Oluwarotimi Akeredolu, yesterday faulted the current practice of fixing salaries and allowances… Read more »
West Africa: AfDB Approves U.S.$50 Million, €50 Million Trade Finance Credit Line for ECOWAS Bank
-Bank partners Government of Canada to fund SMEs, agric Read more »
February 01, 2023
Nigeria: Flour Mills of Nigeria Records N1.1trn Revenue in Nine Months
Flour Mills of Nigeria Plc (FMN), Nigeria's leading food and agro-allied business yesterday released of its unaudited financial results for the nine months((9M) ended December 31,… Read more »
Nigeria: Obaseki Urges Better Collaboration, Investment to Tackle Tropical Diseases
In order to sustain the progress recorded in the fight against Neglected Tropical Diseases (NTDs), which have affected over one billion people globally, the Edo State Governor, Mr.… Read more »
January 31, 2023
Nigeria: CBN Will Accept Old Naira Notes After Feb. 10 Deadline - Emefiele
The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has said that the apex bank would still accept the old naira notes after the February 10 deadline. Read more »
Nigeria: Niger Decries Fuel Scarcity, Vows to Sanction Hoarders
The Niger State Government on Tuesday decried the fuel scarcity in Minna, adding that its attendant high prices is artificial and has therefore vowed to sanction hoarders of the… Read more »
February 01, 2023
Nigeria: Analysts Laud CBNs Stance On Tightening MPR, Cautions Further Increase Would Reduce Lending
Analysts have applauded the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) by 100bps to 17.5 per cent,… Read more »
January 31, 2023
Nigeria: Inflation - LCCI Tasks Govt, CBN On Support for Agriculture, Manufacturing
The Lagos Chamber of Commerce and Industry (LCCI) has tasked the federal government and the Central Bank of Nigeria (CBN) to focus more on policies that would provide support to… Read more »
Nigeria: Osinbajo Backs Push for Cashless Economy, Says It Will Curb Illicit Election Financing
The vice president, Prof. Yemi Osinbajo has declared that the drive for a cashless policy in the country would go a long way to curb illicit election financing in the country. Read more »
January 30, 2023
Nigeria: Cashless Policy Will Curb Illicit Election Financing in Nigeria - Osinbajo
Vice President Yemi Osinbajo has declared that cashless monetary policy will go a long way to curb illicit election financing in the country. Read more »
January 31, 2023
Nigeria: High Energy Cost Takes Toll As Diesel Prices Soar 182.6 Percent in One Year
The cost of energy supply has continued to take a depressing toll on Nigerians with the average retail price of Automotive Gas Oil (diesel) paid by consumers in 12 months soaring… Read more »
Nigeria: Salami - to Boost Revenue, Govt Should Explore IJVs in Upstream Oil Subsector
Partner and Head, Energy and Natural Resources, KPMG Professional Services, Mr. Ayo Salami, harps on the need for the federal government to explore the option of Incorporated Joint… Read more »