March 01
Nigeria: Tinubu Appoints New Executive Directors for TCN
The president expects that the appointees will commit themselves wholly to realising the innovative and expansive energy vision of his administration. Read more »
Nigeria: Central Bank Revokes Operating Licenses of Thousands of Forex Bureaus
The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change operators in the country. Read more »
February 29
Nigeria: South-East Nominee for Membership of CBN Board Rejects Tinubu's Appointment
Urum Eke, a consultant to the World Bank and other international financial institutions, rejected his nomination to avoid conflict of interest. Read more »
Nigeria: Kaduna Govt Speaks On Road Blockage By Protesters
Residents of Gonin Gora blocked the Abuja-Kaduna highway following an attack on the community by bandits. Read more »
March 01
Nigeria: Govt Hands Binance $10 Billion Fine
The Nigerian government's retribution claim is coming months after Binance pleaded guilty and agreed to pay $4.3 billion to settle criminal money laundering charges levied by the… Read more »
February 29
Nigeria: Nigerian Govt Offsets $120 Million Debt to Gas Companies
"The arrears gas producers are owed as of last year was about $ 1.3 billion. But between October 2023 and the end of January, the government has paid over $120 million to offset… Read more »
March 01
Nigeria: Tinubu Commissions Lagos Red Line Train Project
"There are a total of 6 lines that we have on our Lagos rail mass transit system when fully developed. We have started preliminary works on the next rail projects - the green line… Read more »
February 29
Nigeria: Seplat Rakes in Record N885 Billion Income Amid Foreign Currency Gains
"Our revenue exceeded $1bn, and while costs increased, our proactive approach meant we generated more than $260m of free cash flow in the year," said CEO Roger Brown. Read more »
Nigeria: Tinubu to Send 'Emergency Fiscal Bill' to National Assembly - - FIRS Chairman
The FIRS chief said the bill aims to provide clarity on the fiscal direction of the president amid the current economic hardship the country is grappling with. Read more »
Nigeria: MTN Suffers Outage in Nigeria, Gives Reason
"We apologise for the inconvenience and ask for your patience and understanding as the team works to restore full service as soon as possible." Read more »
West Africa: Failed Sanctions and Need for Ecowas to Reinvent Itself
ECOWAS urgently needs to reinvent itself, especially having set what can be characterised as a wrong precedent Read more »
Nigeria: NNPC, Opec Pledge Collaboration to Attract Investments
Both parties pledged to attract investments and boost production Read more »
February 28
Nigeria: Inside Details of How Nigerian Govt Detained Binance Executives
One of the two detained Binance executives is an American, while the other is British-Pakistani. Read more »
Nigeria: Mixed Reactions Trail Central Bank's Monetary Policy Decisions
The Monetary Policy Committee of the Central Bank of Nigeria Tuesday announced a significant increase in its benchmark lending rate by 400 basis points to 22.75 per cent Read more »
February 27
Nigeria: FBN Holdings Becomes Nigeria's Biggest Lender By Market Value
The total number of the company's shares traded on Monday alone was 197 per cent higher than the average daily traded volume in the last 13 days, by PREMIUM TIMES' calculation. Read more »
Nigeria: Tinubu Advocates Greater Home-Grown Skill Retention, Technology Domestication
President Tinubu also canvassed greater balancing of employment opportunities between Nigerians and expatriates and the closure of the wage gap between expatriates and the Nigerian… Read more »
Nigeria: Zamfara to Construct Vehicle Transit Areas As Part of the State's Urban Renewal Project
Mr Lawal stated this on Tuesday when he hosted the leadership of the Zamfara State chapter of the Nigerian Association of Road Transport Owners (NARTO) and Petroleum Tanker Drivers… Read more »
Nigeria: CBN Resumes Sale of Dollars to BDCS
Each BDC will have access to the $20,000 at the rate of N1,301/$, representing the lower band rate of executed spot transactions at NAFEM for the previous trading day Read more »
Nigeria: In Ibadan, NLC, ASUU Lead Protesters to Demand End to Hardship
The chairperson of the Oyo State chapter of the NLC called on the government to fix the refineries so the nation could locally refine crude oil. Read more »
Nigeria: Senate to Probe N30trn 'Ways and Means' Obtained By Buhari Administration From CBN
During the plenary last Tuesday, members of the upper chamber resolved to probe the facility the Buhari administration obtained from the CBN under the leadership of Godwin… Read more »
Nigeria: Why I'll Prioritise Security, Agriculture, and Job Creation in FCT - Wike
"When you say priority, the creation of jobs is key. If you are not able to create jobs, of course, you know what that will mean for the teeming youth." Read more »
Nigeria: Five Killed, 26 Rescued in Anambra Building Collapse
The building, which was still under construction, collapsed on Monday evening. Read more »
Nigeria: International Oil Companies Not Leaving Nigeria - Minister
"I want to use this opportunity to assure everyone that no IOC is leaving Nigeria. They are only going deep offshore," Mr Lokpobiri said. Read more »
Nigeria: What I Told My Constituents to Do to Reduce Hardship - Nigerian Senator
Nigerians have been battling severe economic hardship as prices of commodities continue to increase. Read more »
February 25
Nigeria: Oyo Govt Shuts Down Illegal Mining Factory
According to the governor, the illegal facility, located at Idi-Ayunre, was visited following a tip-off that it was being used to process illegally mined minerals. Read more »