September 20
Nigeria: FG Economic Reforms Yielding Good Results - -Edun
Says Nigeria recorded $16.45bn foreign reserves net inflow in 7 months Read more »
Nigeria: Rail Passenger Revenue Rises 19 Percent to N1.7bn, Goods Rise 206.7 Percent to N537m
Rail passenger revenue grew by 19 percent, Quarter-on-Quarter, (QoQ)) to N1.69 billion in the second quarter of 2024 (Q2'24) from N1.42 billion in the first quarter of 2024 (Q1'24) Read more »
Nigeria: Maiduguri Floods and Leadership Failure
Apart from corruption, one of the greatest reasons for Nigeria's backwardness is inability of government leaders to implement policies as planned or budgeted. Planning, ideas and… Read more »
Nigeria: Petrol Price Has Rendered N70, 000 Minimum Wage Useless - NLC
The Nigeria Labour Congress, NLC, said Thursday it would meet with the federal government on how workers could survive the recent hike in the pump price of petrol. Read more »
September 18
Nigeria: Makinde Flags-Off N41bn Ibadan Airport Upgrade
Governor Seyi Makinde of Oyo State, yesterday, flagged off the upgrade of the Ibadan airport, renamed Samuel Ladoke Akintola Airport to international standards, saying it will… Read more »
Nigeria: Geregu, FBN Holdings, Others Drive Ngx Up By N314bn
The equity market, on Wednesday, sustained its bullish momentum by adding N314 billion in profit to the portfolios of investors. Read more »
Nigeria: Only 7 States Implement Contributory Pension As Assets Hit 20.79 Trn - - Pencom
The National Pension Commission, PenCom, yesterday said the total pension asset has risen to N20.79 trillion, even as it disclosed that only seven states and the Federal Capital… Read more »
September 19
Nigeria: Naira Depreciates to N1,645/$ in Parallel Market
The Naira yesterday depreciated to N1,645 per dollar from N1,640 per dollar on Tuesday. Read more »
Nigeria: How to Free Workers From Economic Crisis - - Nasu
As the economic crisis confronting Nigeria worsens, the Non-Academic Staff Union of Educational and Associated Institutions, NASU, has given insight into how workers can be… Read more »
Nigeria: Ongoing Devt Between NNPC, Dangote Refinery Fraudulent - NLC
Nigeria Labour Congress, NLC, Wednesday, described the ongoing development between the Nigeria National Petroleum Corporation Limited, NNPCL, and Dangote refinery as fraudulent. Read more »
Nigeria: Recapitalisation Responsible for Sale of FBNquest Merchant Bank - - Stakeholders
Some stakeholders in the financial sector have said that the Central Bank of Nigeria, CBN, induced recapitalization may have pushed FBN Holdings Plc to divest from FBNQuest… Read more »
Nigeria: CBN Reconstitutes Board of Keystone Bank
The Central Bank of Nigeria (CBN) has reconstituted the board for Keystone Bank Limited as part of efforts to strengthen the lender's operations. Read more »
Nigeria: FIRS Plans Incentives to Draw Informal Sector Into Tax Net
The Federal Inland Revenue Service (FIRS) has revealed plans to further enhance the Nigeria's tax system by exploring various incentives aimed at drawing players in the informal… Read more »
Nigeria: Why Cameroon's Lagdo Dam Releases Cause Devastating Floods in Nigeria
The release of water from Cameroon's Lagdo Dam has been a major concern in Nigeria for years, as it directly impacts states along the River Benue. Read more »
September 18
Nigeria: Marketers Plan Petrol Importation to Compete With NNPC, Dangote
With the deal making NNPC Limited the sole off-taker of petrol from Dangote Refinery effectively locking them out of the supply chain, marketers have said they may have to resort… Read more »
Nigeria: Govt Seeks More Support for Tinubu's Reform Programmes
The Federal Ministry of Information and National Orientation has solicited the support of Jigawa residents for interventions targeted at easing economic hardship in the country. Read more »
September 19
Nigeria: Major Marketers Begin Lifting Petrol From Dangote Refinery
The Nigerian National Petroleum Company Limited, NNPCL, has authorised major petroleum marketers to commence lifting premium motor spirit, PMDS, otherwise known as petrol, from… Read more »
Nigeria: Rights Group Petitions DSS Over Activities of Alleged Oil Thieves in Rivers Community
Rivers Coalition for Human Rights, RCHR, has called for the immediate deployment of a security crack team to restore normalcy in the Oshiugbokor Community in Ahoada East Local… Read more »
September 18
Nigeria: FCT Primary Teachers Resume Strike Over Unresolve Welfare Concerns
The Federal Capital Territory Wing of the Nigerian Union of Teachers (NUT) on Wednesday, resumed industrial action over unresolved welfare issues between it and the six area… Read more »
September 19
Nigeria: School Resumption - Nigerian Parents Battle Rising Costs Amid Petrol Price Hike
As schools across Nigeria have resumed for a new academic session, many parents are under the financial strain occasioned by the hike in the price of petrol. Therefore, many… Read more »
Nigeria: Efforts to End Forced Labour May Increase Global GDP By U.S.$611bn
...as 1.6m Nigerians remain in forced labour Read more »
September 17
Nigeria: Guinea Insurance Reports 49.4 Percent Growth in Revenue in 2023
Guinea Insurance Plc has reported a 49.4 per cent increase in insurance revenue for the full year 2023 to N2.07 billion from N1.36 billion in 2022. Read more »
Nigeria: Food Prices, Others Ease Pressure On August Inflation Rate
·But new fuel price may reverse the ease Read more »
September 18
Ethiopia: How We'll End Ethiopia, Egypt Airlines Grip On Nigerian Market - Keyamo
Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has said Nigeria will no longer allow foreign airlines to dominate its airspace. Read more »
Nigeria: Rights Issue - NB Set to Eliminate Forex Expenses, Reduce Bank Borrowings
The Nigerian Breweries, NB Plc, has explained that it plans to eliminate the Foreign Exchange (forex) related expenses and reduce bank borrowings with the proceeds from its ongoing… Read more »