January 31
Nigeria: Sanwo-Olu in China, to Seal Deals On Lagos Rail Services
Mr Akosile noted that, while on the trip, the governor would also hold technical discussions on the DMUs for the Red Line and EMUs for the Blue Line between the Lagos Metropolitan… Read more »
January 30
Nigeria: CBN Clears Verified Fx Claims By Foreign Airlines
The latest payment brings the total amount disbursed to the aviation sector to $136.7 million, effectively settling all verified claims. Read more »
Nigeria: NNPC in Talks With South Korean Investors for Gas Projects
"The talks will pave the way for the execution of a Memorandum of Understanding (MoU) that will unlock strategic foreign direct investment...," the statement said. Read more »
January 31
Nigeria: Naira Hits All-Time Low At Forex Markets
Naira slipped to an all-time low at the official and unofficial markets on Tuesday to trade N1,482.57 and N1,491.00 respectively Read more »
January 30
Nigeria: Community Guidelines - Nigerian Govt to Revoke Mining Licences
"Any company that fails to sign their community development agreement stands the risk of having its licences revoked," Mr Alake said. Read more »
January 29
Nigeria: CBN Injects Additional $500m to Clear Fx Backlog
The CBN's focus is on addressing fundamental issues that have hindered the effective operation of the Nigerian FX markets over the years. Read more »
Nigeria: Dangote Refinery to Import U.S. Crude
Dangote Petroleum Refinery had earlier in the month commenced production of diesel and aviation fuel Read more »
Nigeria: Mining Sector - Govt, RMAFC to Deepen Collaboration On Revenue Leakages
Mr Alake restated the resolve of the government to sanitise the mining environment, ensure it contributes substantially to the nation's revenue, and ultimately make the sector… Read more »
Nigeria: High Costs of Drugs: Declaring a State of Emergency Before Many Die
The situation is more terrifying with major drug manufacturing companies folding up their operations in Nigeria as the environment for business becomes more difficult. Read more »
January 28
Nigeria: Data Story - What Figures Tell Us About Life Expectancy Across Nigeria
While the life expectancy for a man is estimated at 58.2 years in the South-west, it is 50.8 years in the North-east. Read more »
January 26
Nigeria: Lagos to Set Up Own Airline - Governor
What is being considered, the governor said, is the federal government's approval and operational contingency for the airline. Read more »
Nigeria: Yaba Hustlers - Lagos Market Where You Don't Need Shop, Goods to Become a Millionaire
In Yaba Market, hustlers are often relentless, as they earn their livelihood by convincing a shopper to go with them into a shop and make a purchase. Read more »
January 25
Nigeria: Atiku Asks Tinubu to Explain NNPC's $3.3bn Repayment Loan Deal
NNPCL had on 16 August 2023 said it would secure a $3.3 billion loan to give support to the Naira and stabilise the foreign exchange market Read more »
Nigeria: Sanwo-Olu Sets Date for Groundbreaking of 4th Mainland Bridge
To cushion the effect of the harsh economy on people, Mr Sanwo-Olu revealed that about N50 billion has been budgeted for distribution to support vulnerable residents and take them… Read more »
Nigeria: Ndume Faults Plan to Relocate CBN Departments, Faan Headquarters to Lagos
"This is one of the mistakes and I'm sure Mr President will reverse it because it doesn't work. You can't have two capitals," Mr Ndume said. Read more »
January 24
Nigeria: Presidency Explains Movement of FAAN, CBN Dept to Lagos, Refutes Plan to Move Nigeria's Capital
The status of Abuja as the Federal Capital has come to stay. It is backed by law. Read more »
Nigeria: Nigerian Stock Index Crosses Record 100,000 Points As Big Gains Continue
The index has returned 31.9 per cent since the start of the year. Read more »
Nigeria: American Businesses Eager to Invest in Nigeria but... - U.S. Secretary of State
"American entrepreneurs and American companies are eager to partner with and invest in Nigeria's economy, particularly in the tech sector...," he said. Read more »
January 23
Nigeria: Tinubu Meets Chevron Executives, Hails Company's Ongoing $1.4bn Drilling Project With NNPC
President Tinubu said the federal government's interventions in the oil and gas sector will safeguard and enhance the value of investments. Read more »
January 22
Nigeria: Otedola Announces 'Significant Acquisition' of Shares in Dangote Cement
Mr Otedola emphasises long-term wealth preservation, export potential and shareholder value in Dangote Cement share acquisition Read more »
Nigeria: Doctors to Begin Indefinite Strike in Enugu
The plan by the doctors followed the alleged failure of the Enugu State Government to meet their demands. Read more »
Liberia: How Will Boakai Reform Liberia As a New Era Begins?
Today, Monday, 22 January, Liberians will witness the official inauguration of Joseph Boakai, the winner of the presidential election held recently, as the 26th president of the… Read more »
Nigeria: Traffic Agency Moves to Clear Illegal Parks in Onitsha
Bus drivers have turned some roads in the city into motor parks while assigned parks are left empty, a government official said. Read more »
January 21
Nigeria: Ban of Take-Away Packs - Lagos Orders Clampdown On Manufacturers, Distributors
Our state cannot be held hostage to the economic interests of a few wealthy business owners compared to the millions of Lagosians suffering the consequences of indiscriminate… Read more »
Nigeria: 21 Nigerians Sue Akpabio, Abbas for 'Arbitrarily' Increasing NASS Budget
Mr Akpabio and Mr Abbas are sued for themselves and on behalf of all members of the National Assembly. Read more »