August 15, 2022
Nigeria: External Reserves Sustains Downward Trend, Sheds $337m in 2 Weeks
Nigeria's external reserves fell by $337 million in the first two weeks of August, maintaining its declining trend since the middle of last month. Read more »
August 14, 2022
Nigeria: 18 Terminal Operators Owe Govt $753m, N1.61bn - Reps
Eighteen terminal operators running businesses at ports in the country are owing the federal government $753 million dollars and N1.61 billion respectively. Read more »
August 15, 2022
Nigeria: Lekki Deep Seaport Set for Completion - Transport Minister
Following the successful delivery of the first set of Super Post Panamax State-of-the-art Ship to Shore, STS, Cranes and 10 Rubber Tyred Gantries, RTGs, on July 1, 2022, and the… Read more »
August 14, 2022
Nigeria: Nigeria Lost Over $1.9m in 5 Days Due to Disruption of Gas Supply to Ossiomo Power - Gov Obaseki
The Edo State Governor, Mr. Godwin Obaseki, has said over $1.9million has been lost in the last five days as a result of the disruption of gas supply to the Ossiomo Power Plant in… Read more »
August 12, 2022
Nigeria: Africar Ride-Hailing Service'll Provide Jobs, Reduce Costs - Minister
THE Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has described the newly launched Africar Ride-hailing brand as a platform that has the potentials to… Read more »
August 11, 2022
Nigeria: Increased Minimum Wage'll Provide Succour to Edo Workers, Pensioners - - Obaseki
Governor Godwin Obaseki of Edo State has said the increment in the state's minimum wage from N30,000 to N40,000 as well as payment of the harmonised pension to retirees were to… Read more »
West Africa: West Africa Power Pool Plans Fund to Boost Liquidity in Electricity Market
The West African Power Pool, WAPP, has disclosed plans to set up a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market. Read more »
August 10, 2022
Nigeria: Freight Forwarders Demand Representation On Customs Board
The Council for the Regulation of Freight Forwarding in Nigeria, CRFFN, has started lobbying for a representation on the Board of the Nigeria Customs Services, NCS, with a view to… Read more »
August 11, 2022
Nigeria: Flutterwave Raises Staff Size By 200, Names New Chief People and Culture Officer
Flutterwave, Africa's leading payments technology company, has completed the recruitment process for its inaugural Graduate Trainee Program, hiring 200 trainees, and growing its… Read more »
Nigeria: Unpaid Benefits - Labour Declares Trade Dispute With Transport Ministry
ORGANISED Labour in the Maritime industry, under the aegis of the Maritime Workers Union of Nigeria, MWUN, has announced a former declaration of a trade dispute with the Ministry… Read more »
August 09, 2022
Nigeria: Labour Minister At 70 - Ngige Puts Interest of Workers First, Says Buhari
PRESIDENT Muhammadu Buhari has felicitated with the Minister of Labour and Employment, Senator Chris Ngige, on his 70th birthday, saying he (Ngige) always puts the interest of… Read more »
Nigeria: Nigeria Hits 44.30 Percent Broadband Penetration, 84m Internet Subscriptions
The Nigerian Communication's Commission, NCC says the country's current broadband penetration as at June 2022 stands at 44.30% with more than eighty-four million internet… Read more »
Nigeria: Status Quo Remains in Share Sale By Exxonmobil to Seplat Energy - NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) jas affirmed that status quo remains in respect to ExxonMobil/Seplat Energy share acquisition. Read more »
Nigeria: Lagosians Beg Sanwo-Olu Over Bad State of Orchid Road, Lekki, Okada Menace
Residents and road users have continued to decry the deplorable condition of Orchid Road, Lekki, in Eti-Osa Local Government Area of the state and the menace caused by commercial… Read more »
August 08, 2022
Nigeria: Dwindling Revenue - NESG to Govt, Take Decisive Action On Leakages, Crude Oil Theft, Others
As Nigerians find themselves in the limbo as government revenue generation dwindles amidst daunting economic and insecurity challenges, the Nigeria Economic Summit Group, NESG,… Read more »
Nigeria: Electricity Generation Rises 7.6% to 4,089mw, As Inadequate Facilities Hinder Distribution
ELECTRICITY generation, weekend, rose by 7.6 per cent to 4,089 megawatts, MW, from 3,800MW, according to data obtained from Nigeria Electricity System Operator, an autonomous unit… Read more »
August 04, 2022
Nigeria: 3.6 Million Indirect Jobs Created Through $1.1b Externally Funded Agric Projects - Govt
... .Recruits 5,000 Agro Rangers Read more »
Nigeria: Oil Theft - How Nigeria's Output Drops 12.5 Percent in 6 Months
... Over N25bn Stolen Crude Recovered, 85 Suspects Arrested Through NNPC's Partnership With Navy Read more »
August 03, 2022
Nigeria: Insecurity - Buhari Squandered Goodwill of Nigerians - Kokori
Former General Secretary of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, and chieftain of the All Progressives Congress, APC, Chief Frank Kokori, yesterday,… Read more »
Nigeria: Rufai Pays N70,000 Fine, Apologises Over BRT Lane Incident
The Arise Television presenter, Oseni Rufai, who was accused of driving on BRT lane on Lagos highway and also resisting arrest by policemen, on Tuesday appeared in a Lagos mobile… Read more »
Nigeria: Nigeria Now Headquarters of Poverty, Insurrection, Joblessness - NULGE
Nigeria Union of Local Government Employees, NULGE, yesterday, in Lokoja, Kogi State, said it was lamentable that Nigeria had become the headquarters of poverty, insurrection,… Read more »
August 01, 2022
Nigeria: Mixed Reactions Trail Proposed Ban of Commercial Motorcycle Operations
Some residents of the Federal Capital Territory (FCT), have advised the Federal Government to provide alternative before banning commercial motorcycle operations also known as… Read more »
July 30, 2022
Nigeria: Dollar Scarcity - EFCC Raids Currency Shops in Abuja
As Doĺlar scarcity persists, operatives of the Economic and Financial Crimes Commission have stormed currency dealers shops in partsbof Abuja to arrest the perpetrators of the… Read more »
July 29, 2022
Nigeria: Nigeria's Oil Production Dips As Addax Workers Begin Strike
Nigeria's oil production may have suffered a further decline of not less than 22,000 barrels per day, as employees of Addax Petroleum Development Nigeria, APN, down tools over… Read more »
Nigeria: How Nigeria Lost 131 Airlines to Poor Management, Accidents - Investigation
No fewer than 131 airlines registered to operate in Nigeria's domestic airspace under scheduled and non-scheduled flight have gone into extinction largely due to hostile operating… Read more »