November 19, 2023
Nigeria: Universities Won't Embark On Strike Again, Tinubu Declares
Barely 24 hours after President Bola Tinubu cancelled the controversial deduction of 40 per cent of Internally Generated Revenues (IGRs) from federal universities across the… Read more »
Nigeria: To Ramp Up Oil Production, Govt Moves to Resolve Dispute Over Sale of $1.3bn ExxonMobil's Assets
The federal government has met with a team from Seplat Energy, to resolve the stalemate arising from the proposed $1.3 billion ExxonMobil's oil asset sale which has now been held… Read more »
November 17, 2023
Nigeria: Court Declares Zamfara Guber Poll Inconclusive, Orders Rerun in Three LGAs
The Court of Appeal in Abuja has declared as inconclusive the March 18 governorship election that produced the Zamfara State governor, Dauda Lawal. Read more »
Nigeria: Prosecution of Alleged Terrorists Resumes in Two Weeks - Fagbemi
Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, yesterday, disclosed that the federal government would resume the prosecution of some alleged… Read more »
November 16, 2023
Nigeria: Appeal Court Declares Zamfara Guber Election Inconclusive, Sets Aside Return of Lawal As Governor
The Court of Appeal in Abuja has declared as inconclusive the March 18 governorship election in Zamfara State that produced Dauda Lawal as governor. Read more »
November 15, 2023
Nigeria: CBN - Old N100, N200, N1,000 Banknotes Remain Legal Tender Interminably
The Central Bank of Nigeria (CBN) yesterday said it intends to extend the legal tender status of the old N200, N500, and N1, 000 denominations beyond the December 31, 2023 deadline… Read more »
November 13, 2023
Nigeria: Respite Seen for Naira As CBN Intensifies Settlement of Forex Backlogs
The Central Bank of Nigeria (CBN) has intensified its clearance of backlogs of foreign exchange (FX) forwards, raising hope for the strengthening of the naira in the coming days. Read more »
Nigeria: Keyamo's Monarch Seeks Expansion of Osubi Airport, Revitalisation of Warri Ports
The Ovie of Uvwie Kingdom, HRM. Emmanuel Sideso (Abe 1), has called on the federal government to expand Osubi airport in Delta State to accommodate bigger aircrafts. Read more »
Nigeria: Huge Recurrent Expenditure Affecting States' Capacity to Develop - NEITI
A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed serious concerns over states' recurrent expenditure, noting that the huge expenses was… Read more »
Nigeria: Governor Diri Re-Elected
Bayelsa State Governor and candidate of the Peoples Democratic Party in the November 11 governorship election has been re-elected. He polled 175,196 votes to emerge winner of the… Read more »
Nigeria: Uzodimma, Ododo Win Imo, Kogi, Diri Leads in Bayelsa
Saturday's off-cycle governorship elections in Imo, Bayelsa and Kogi states are gradually coming to a close, with the declaration, yesterday, of Imo State Governor Hope Uzodimma,… Read more »
November 09, 2023
Nigeria: The Posthumous 'Benevolence' of Abacha
For the past several years, the joke in Abuja is that whenever Nigeria encounters dire financial straits, the late General Sani Abacha looks down on us from beyond and drops a… Read more »
November 08, 2023
Nigeria: Court Orders Release of Emefiele to His Lawyers
Justice Olukayode Adeniyi of a High Court of the Federal Capital Territory (FCT), Abuja on Wednesday ordered the immediate release of the detained former Governor of the Central… Read more »
Nigeria: EFCC Complies With Order, Produces Emefiele in Court
The Economic and Financial Crimes Commission (EFCC) on Wednesday complied with the order of Justice Olukayode Adeniyi of a High Court of the Federal Capital Territory (FCT), Abuja,… Read more »
November 06, 2023
Nigeria: A Dish Best Served Cold
Something that has been tried and tried again and most of the time the experiment came to grief, why does anyone want to try it again? I am thinking here of the dubious Nigerian… Read more »
Nigeria: Politics of Statistics in Nigeria
Statistics should help settle arguments, in theory. We assume they provide stable reference points that everyone - no matter what their opinion, persuasion, belief, or politics is-… Read more »
Nigeria: Fitch - Nigeria's Credit Rating Stable, Predicts Inflation At Below 21%
Fitch Ratings has affirmed Nigeria's long-term foreign-currency issuer default outlook at 'B-' with a stable outlook, listing the country's major strengths as large economy,… Read more »
Nigeria: Lokpobiri - We'll Hold NNPCL Accountable for Complete Rehabilitation of All Refineries By 2024
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has declared that the federal government would hold the Nigerian National Petroleum Company Limited (NNPCL)… Read more »
November 03, 2023
Nigeria: Dangote Refinery Begins Test Run with Domestic Crude
The Nigerian National Petroleum Company Limited (NNPC) will supply the new 650,000 barrel-per-day Dangote oil refinery with up to six million barrels of crude oil in December, to… Read more »
Nigeria: CBN Moves to Restore Investor Confidence, Begins Clearance of FX Forward Backlogs
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contract through some banks as part of efforts to rebuild confidence in the… Read more »
November 02, 2023
Nigeria: Democracy and Mayhem in Rivers State
The political crisis in the state is unfortunate Read more »
October 31, 2023
Nigeria: Govt to Review $2bn Siemens Deal, Targets 1,300 Rise in Transmission Capacity - Adelabu
The Minister of Power, Mr Bayo Adelabu, last night said the federal government was set to review the Siemens power deal with Nigeria, which would have seen the incremental rise in… Read more »
October 30, 2023
Nigeria: We're Set to Change Narrative Surrounding Nigeria's Economy - Tinubu
President Bola Tinubu has expressed the readiness of his government to change the narrative about Nigeria's weak and crawling economy and transform governance in the country. Read more »
Nigeria: 15-Point Agreement - NLC Wants Minister of Labour Excluded From Today's Meeting With Govt
Nigeria Labour Congress (NLC) has threatened to boycott today's meeting with the federal government, meant to review the 15-point memorandum of understanding (MoU) it had signed… Read more »
October 29, 2023
Nigeria: NUPRC Moves to Enforce Domestic Crude Oil Supply Obligation to Feed Emerging Refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said it was taking all necessary steps within the provisions of the Petroleum Industry Act (2021) to ensure… Read more »