September 21, 2023
Nigeria: NNPC Ready to Supply Our Refinery With Crude Oil in Few Weeks - Dangote
The President of the Dangote Group, Aliko Dangote, has risen in defense of the Nigerian National Petroleum Company Limited (NNPC) against the purported denial of crude oil supply… Read more »
Nigeria: Naira Weakens to 990/$1 On Parallel Market As Dollar Demand Overwhelms Supply
The naira came under intense pressure yesterday, leading to a significant depreciation as it fell to N990 to a dollar at the parallel market segment of the foreign exchange market,… Read more »
September 19, 2023
Nigeria: Still On the U.S.$418 Million Paris Club Fee Palaver
There is need to deal with the issue once and for all For the past two years, the federal government and the 36 states have been embroiled in a legal controversy over the propriety… Read more »
September 18, 2023
Nigeria: U.S. Deputy Treasury Secretary Adeyemo Meets Business Leaders in Lagos, Says Biden Committed to Stronger Ties With Nigeria
The United States of America's Deputy Secretary of Treasury, Mr. Wally Adeyemo, has assured Nigeria that President Joe Biden is committed to a strong U.S.-Nigeria relationship that… Read more »
September 15, 2023
Nigeria: President Vows to Permanently Change Country's Narrative of Poverty, Insecurity
President Bola Tinubu, yesterday, promised to permanently change the country's ugly story of poverty, insecurity, and underdevelopment, saying Nigeria has no business being in such… Read more »
September 14, 2023
Nigeria: History As NUPRC Picks 42 Winners for Its Gas Flare Commercialisation Bid Round
·Commission contracts KPMG as partner for award implementation process Read more »
August 25, 2023
Nigeria: Concerns As NBS Revised Methodology Puts Nigeria's Unemployment Rate At 4.1%
The National Bureau of Statistics (NBS) revised methodology released yesterday, which put the country's present unemployment rate at 4.1 per cent in the first quarter of the year… Read more »
August 16, 2023
Nigeria: Does Brics Matter to Nigeria?
A skit circulating in the cyberspace is said to be the story of the Nigerian economy: in just two minutes the exchange rate of the naira to a dollar rises from N730 to N1,200. Read more »
August 14, 2023
Nigeria: NLC Threatens to Embark On Strike Without Notice If Govt Increases Fuel Price Again
The Nigeria Labour Congress (NLC) has warned that its members will commence a nationwide strike without any formal notice if the Federal Government approves another increase in the… Read more »
Nigeria: Central Bank Vows to Crackdown On Currency Speculators
The downward slide of the exchange rate of the naira to dollar has attracted the attention of the government at the centre as the Central Bank of Nigeria (CBN) on Monday expressed… Read more »
August 13, 2023
Nigeria: Nigeria's Oil Output Slumps to 3-Month Low On Forcados Leak, Crude Theft
There appears to be no relief for Nigeria's struggling oil and gas industry as the country's crude production shrank to a three-month low of 1.081 million barrels per day in July,… Read more »
August 08, 2023
Nigeria: The High Cost of Floods
Major stakeholders should do more to minimise the impact of floods Read more »
August 01, 2023
Nigeria: A Plea to Resident Doctors
The strike is bringing untold hardship to many Nigerians Read more »
July 24, 2023
Nigeria: Afenifere to Tinubu - Seek $13 Billion Debt Forgiveness From Creditors to Stabilise Economy
The pan-Yoruba socio-political organisation, Afenifere, has called on President Bola Tinubu to take five-pronged approaches to prevent the country from total socio-economic… Read more »
July 23, 2023
Central Africa: Still On the Migration Crisis
The authorities should strive to put our economy in order Read more »
July 19, 2023
Nigeria: For Cash Transfers
It is certainly a measure of the gross inequality that defines the unjust Nigerian system that some members of the elite cannot imagine what N8,000 could do in the life of an… Read more »
July 18, 2023
Nigeria: Protecting Families of Deceased Bank Customers
There is urgent need for a legislation to ensure easy access to accounts of the deceased by their families Read more »
July 15, 2023
Africa: Access Bank Expands Reach in Africa, Signs Deal to Buy Standard Chartered's Subsidiaries in 5 Countries
Standard Chartered Bank and Access Bank Plc have entered into agreements for the sale of Standard Chartered's shares in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra… Read more »
July 13, 2023
Nigeria: EFCC Arrests 13 Chinese Nationals for Alleged Illegal Mining Activities in Kwara
Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission, (EFCC) have arrested 13 Chinese nationals over offences bordering on illegal mining… Read more »
July 12, 2023
Nigeria: Tinubu Writes House, Seeks N500bn From 2022 Supplementary Budget for Subsidy Palliatives
President Bola Tinubu has requested the House of Representatives to amend the 2022 Supplementary Appropriation Act for subsidy palliatives. Read more »
Nigeria: Letting the Poor Breathe
It is reported that President Bola Ahmed Tinubu spoke out the words of the title of this piece. It will be heartwarming if he understands that the poor are not breathing in… Read more »
July 09, 2023
Nigeria: From Rags to Riches and Back - Cyrille Bahmou's Journey of Redemption and Business Expertise
Life, they say, is full of surprises. Cyrille Bahmou, a business consultant, had a taste of these surprises early on in his life. His story is not just another grass-to-grace tale;… Read more »
July 07, 2023
Nigeria: To Ease Tax Burden On Businesses, Tinubu Signs Four Executive Orders
President Bola Tinubu has signed four Executive Orders deferring and suspending the commencement of certain taxes paid by individuals and companies in the country. Special Adviser… Read more »
Nigeria: Central Bank Warns of Risks to International Financial System
The Central Bank of Nigeria (CBN) yesterday urged banks and other financial institutions to be vigilant and alert to possible emerging risks resulting from the circumvention of… Read more »
July 06, 2023
Nigeria: Mobile Phones, Perfumes, Men's Clothing, Shoes, Top Online Shopping in Nigeria - Report
A report by Jumia, one of the leading e-commerce platforms in Nigeria, has cited mobile phones, beauty and perfumes, men's clothing, home (furniture, bedding, etc.) and men's shoes… Read more »