May 30
Nigeria: Shell, Partners Paid $142m to NDDC in 2023 for Devt of Oil-Producing Areas
Shell Companies in Nigeria comprising the Shell Petroleum Development Company Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) paid a… Read more »
Nigeria: Nigerians to Spend 12% More On Schengen Visa Fees
The Slovenian Ministry of Foreign and European Affairs has warned third-country nationals needing a Schengen visa that as of June 11, 2024, they will need to pay higher fees to… Read more »
Nigeria: Dangote to Run Cement Trucks On CNG, Increases Dividend By 50%
Amidst applause by shareholders for the impressive results in the 2023 financial year despite the harsh business operating environment, the Chairman of Dangote Cement Plc, Aliko… Read more »
May 29
Nigeria: A Year of Inflation, Naira Slump, Mass Poverty
Nume Ekeghe writes the first year of the Bola Tinubu administration has been marred by hyperinflation, naira slump and mass poverty driven by bold reforms Read more »
Nigeria: Again, Minimum Wage Talks Stalled As Labour Rejects Govt's N60,000 Offer
·Minister appeals for patriotism Read more »
Nigeria: Govt, Partners Begin Free Cooking Gas Distribution to 1m Homes Nationwide
The federal government yesterday commenced the distribution of free gas cylinders to 1 million homes in the country in a bid to wean Nigerians from the continued use of firewood,… Read more »
May 28
Nigeria: Zamfara Upgrades College of Agriculture Bakura, to Renovate General Hospital Talata Marafa
Zamfara State Governor, Dauda Lawal, said on Monday that the College of Agriculture and Animal Science Bakura had been upgraded to the College of Agriculture and Technology. Read more »
May 27
Nigeria: FCCPC, Bauchi Traders, Other Stakeholders Meet Over Hike in Prices of Food Items
The Federal Competition and Consumer Protection Commission (FCCPC) has met with market leaders, traders and other stakeholders in Bauchi to find out reasons for the daily increase… Read more »
May 28
Nigeria: Nigeria Air Project Was Fraudulent, Remains Suspended - Keyamo
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, yesterday, disclosed that the Nigeria Air project unveiled by the ex-president Muhammadu Buhari-led… Read more »
Nigeria: Agriculture Injected N309 Billion, 60,000 Jobs Into Economy - Kyari
Minister of Agriculture and Food Security, Senator Abubakar Kyari, yesterday disclosed that the various interventions by the ministry in the agricultural sector had injected N309… Read more »
Nigeria: Lagos Set to Generate Power From Solid Waste, Signs Deal With Dutch Firm
Lagos State has taken a major step towards turning tonnes of solid waste generated in the metropolis to usable energy. Read more »
Nigeria: Edo Refinery, Dufil Prima Foods to Deepen N205bn Manufacturing Investment
In the wake of reforms by the Governor Godwin Obaseki-led administration, top manufacturers in Edo State, including Dufil Prima Foods, Edo Refinery and Don Mac Limited have secured… Read more »
May 27
Nigeria: Analysts Seek Harmonisation of Fiscal, Monetary Policy to Boost GDP, Rein in Inflation
Analysts at Afrinvest have highlighted the critical need for better coordination between Nigeria's fiscal and monetary policies to tackle inflation and foster economic growth. Read more »
Nigeria: Dangote Refinery to Begin Export of 10ppm Diesel in June, Gets Nmdpra's Approval to Refine Petrol
Nigeria's 650,000 barrels per day Dangote refinery will start exporting diesel conforming to European specifications along with gasoline (petrol) sales in June, its Vice President… Read more »
Nigeria: Nigeria's Gas Master Plan Stalls, Global Market Share Fell From 15% to 2%
Despite owning the world's 9th largest reserves of natural gas, with over 209 Trillion Cubic Feet (TCF), Nigeria's global market share of exports has declined from 15 per cent to… Read more »
May 26
Nigeria: Nigeria Needs $10bn Yearly Investment to Fund Energy Transition Till 2060 - Shettima
Vice President Kashim Shettima has revealed that funding the energy transition in the country requires investments of over $10 billion per year from now to 2060. Read more »
West Africa: Govt Urges South-East Businesses to Embrace Ecowas Trade Liberalisation Scheme
The federal government has called on businesses in the South-east region to take advantage of opportunities offered by the ECOWAS Free Trade Liberation Scheme (ETLS) to boost their… Read more »
Nigeria: How Kyari Is Leveraging Tinubu's Renewed Hope Agenda to Guarantee Energy Security for Nigerians
By May 29 this year, it will be exactly one year that President Bola Tinubu took over the mantle of leadership as Nigeria's president. During the swearing in of Tinubu as Nigeria's… Read more »
Nigeria: Govt Targets 50,000 Housing Units Annually, Says Construction of 6,612 Ongoing Nationwide
The federal government at the weekend disclosed that it was targeting the construction of about 50,000 housing units annually, stressing that it currently has 6,612 units being… Read more »
May 23
Nigeria: NNPC, Shafa Energies, Nigus Unveil Nigeria's First EVCharging Station in Abuja
NNPC New Energies Limited (NNEL), a subsidiary of the national oil company, Shafa Energies and Nigus International, Thursday launched Nigeria's first Electric Vehicle (EV) charging… Read more »
Nigeria: Turkish Airlines to Resume Airlifting of Stranded Nigerian Passengers, As NCAA Wades in
*Airline alleges sacked staff engaged in $600,000 ticket racketeering Read more »
May 22
Nigeria: Foreign Reserves Increased By $520m in One Month to $32.6bn
Nigeria's foreign reserves have seen a significant increase over the past month, rising by $520 million to reach $32.6 billion, according to the latest figures. Read more »
Nigeria: Insurance Bill and Calls for Tinubu's Attention
As insurance regulator and operators renew their interest in seeing the long awaited Consolidated Insurance Bill passed into law, stakeholders have advised insurers not to leave… Read more »
Nigeria: Aaua Alumni Donate 5kva Solar-Powered Generator to Varsity
The Adekunle Ajasin University (AAUA) Alumni Association has donated a 5KVA solar power generating set worth N4 million to the Exams and Records Unit of the university. Read more »
Nigeria: Enhancing Depositors' Confidence in Banking Industry
James Emejo scrutinises the recent policy intervention by the NDIC to prevent potential bank runs as well as boost confidence in the banking sector amid rising inflation, and naira… Read more »