May 09
Nigeria: FG Pledges to Complete Abuja-Kano Highway in One Year
Minister of works, Engr. Nweze David Umahi, has declared the commitment of the federal government to complete the Abuja-Kaduna-Katsina-Kano Federal Highway within a record time. Read more »
May 08
Nigeria: CBN Releases List of Licensed Deposit Money Banks in Nigeria
The Central Bank of Nigeria (CBN) has published a comprehensive list of licensed Deposit Money Banks operating across the country, providing valuable insights into Nigeria's… Read more »
May 07
Nigeria: Reps to Probe NNPCL, AGIP Over Alleged Diversion of $72m Owed Nigerian Coy
The House of Representatives, on Tuesday, resolved to investigate the Nigerian National Petroleum Company Limited (NNPCL) and a multi-national oil company, AGIP, over allegations… Read more »
Nigeria: NNPCL Confirms 1.5bn Litres of Petrol in Stock, Moves to Fight Hoarding
The Nigerian National Petroleum Company (NNPC) Limited has engaged security agencies and other industry stakeholders to dismantle cartel suspected to be hoarding petrol across the… Read more »
Nigeria: 5 Things to Know About CBN's Cybersecurity Levy to Be Paid By Nigerians
In a significant move to bolster national cybersecurity, the Central Bank of Nigeria (CBN) has issued a directive to all banks and financial institutions to implement a… Read more »
May 06
Nigeria: 10 Days After, EFCC Detains 19-Yr-Old Varsity Student Over Mum's Debt
The Economic and Financial Crimes Commission (EFCC) has arrested and detained a 300-level Nursing student of Babcock University, Ilishan-Remo, Ogun State, Miss Oluwateniola… Read more »
Nigeria: Lagos Worker Trapped in Underground Drainage
A yet-to-be-identified drainage worker with the Lagos Metropolitan Area Transport Authority (LAMATA) was on Monday trapped in the underground drainage at the Onipanu area of Lagos… Read more »
May 05
Nigeria: Fitch Raises Nigeria's Debt Rating Outlook to Positive
Nigeria's debt rating outlook was lifted by Fitch Ratings to positive from stable, six months after it said that reform progress since President Bola Tinubu came to power in May of… Read more »
May 01
Nigeria: U.S., Nigeria Strengthen Ties to Fight Terrorism, Boost Trade
The United States and Nigeria have deepened both countries' collaboration to fight the scourge of terrorism in Nigeria and in neighbouring countries troubled by the menace. Read more »
May 06
Nigeria: Just-in - Ikeja Electric Reduces Tariff for Band a Customers
In a move aimed at providing relief to its customers, Ikeja Electric Distribution Company (IE) has announced a significant reduction in electricity tariff for customers under Band… Read more »
May 03
Nigeria: NSA Orders Full Implementation of Cybercrime Act 2024
The National Security Adviser Malam Nuhu Ribadu has directed full implementation of the Cybercrimes (Prohibition, Prevention, Etc) Amendment Act 2024. Read more »
May 02
Nigeria: Fuel Scarcity, Queues, Only Temporary - Reps
House of Representatives Committees on Petroleum Resources, Downstream and Midstream have confirmed the availability of petroleum products which arrived in the country since their… Read more »
Nigeria: I Will Do More for You, Mbah Assures Enugu Workers
Governor Peter Mbah of Enugu State has renewed his commitment to the welfare of the people and workers in the state. Read more »
Nigeria: Return of Fuel Queues
Nigerians who think they bade farewell to fuel queues long ago have been proven wrong following the recent return of long queues occasioned by scarcity of supply. Read more »
April 29
Niger: NAF Bombs Terrorists Who Attacked Troops in Niger
Nigerian Air Force (NAF) has hit terrorists who recently attacked and killed six soldiers in Shiroro, Niger State and destroyed their hideouts. Read more »
Nigeria: Recapitalisation - Banking Stocks Decline By N2.069trn in 16 Days
Nigeria's listed banking stocks' value declined by N2.069 trillion in 16 trading days following the announcement of the recapitalisation exercise by the Central Bank of Nigeria… Read more »
Nigeria: Govt Approves Design of Sokoto-Badagry Road Project
Minister of works, Engr David Umahi, says President Bola Tinubu has approved the design of Sokoto-Badagry Highway project as part of efforts to improve economic diversification in… Read more »
Nigeria: Fuel Subsidy Removal Necessary for Nigeria's Economy - Tinubu
President Bola Ahmed Tinubu has again defended his administration's decision to remove fuel subsidy in Nigeria, describing it as a necessary action to prevent the country from… Read more »
April 25
Nigeria: Sale of Discos...Experts, Labour Want Debt-Ridden Firms Unbundled
Ahead of the federal government's plan to sell the electricity distribution companies (DisCos) under the management of banks and the Asset Management Company of Nigeria (AMCON),… Read more »
Nigeria: FIRS Calls for Capacity Building Among Cata Members
President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has called for increased capacity… Read more »
Nigeria: Domestic Investors Stake N1.335trn in Equities in Q1
Total transactions by domestic portfolio investors in the stock market rose by 86.23 per cent as they invested a total value of N1.335 trillion in the first quarter (Q1) of 2024. Read more »
Nigeria: 140-Yr-Old Pz Cussons Considers Leaving Africa Over Nigeria's Sales Plunge
There are indications that PZ Cussons Plc may leave Africa after sales plunged in its Nigeria operation. Read more »
April 26
Nigeria: 11 Months After Subsidy Removal - Nigerians Still Face Fuel Scarcity, Long Queues
Eleven months after the federal government removed fuel subsidy and opened up the market for competition, Nigerians are still grappling with the harsh realities of fuel scarcity… Read more »
April 23
Nigeria: FG Plans N100bn Police Housing Fund
The inspector-general of police, IGP Olukayode Egbetokun said the federal government plans to establish a N100 billion Police Housing Fund for officers and men of the Nigeria… Read more »
April 22
Nigeria: Tiktok Sensation Peller Joins City Plug Talent Ahead of 'Peller's Palava' Release
Nigerian TikTok sensation and rising content creator, Habeeb Hamzat, better known as Peller, has been unveiled as the latest addition to the array of talents managed by City Plug,… Read more »