September 22, 2022
Nigeria: INEC List - House Deputy Minority Leader Distances Self From Labour Party Ticket
The Deputy Minority Leader of the House of Representatives, Hon. Toby Okechukwu has distanced himself from the list published on Tuesday by the Independent National Electoral… Read more »
Nigeria: Robust Security Infrastructure Will Tackle Oil Theft, Says Expert
In view of the massive vandalism and rising cases of oil theft in Nigeria's oil producing region, the Director of Operations, PPC Limited, Dr. Patrick Ede, has advised the federal… Read more »
Nigeria: Nigeria Domestic Debt Service Increases to N5.24trn in 30 Months
With mounting domestic debt now standing at a whooping N20.95trillion as of June 2022, Nigeria's domestic debt service rose to N5.24trillion in 30 months, the Debt Management… Read more »
Nigeria: Nigeria-Siemens Power Project - Govt to Begin Inauguration of New Equipment in Two Weeks
The federal government, yesterday, said all was set for the commencement of inauguration of the first set of power equipment procured under the Presidential Power Initiative (IPP),… Read more »
Nigeria: Despite 12.3% Decline in Power Supply, Discos Raked in N393bn Revenue in Six Months
In spite of decreased electricity supply to Nigerian homes in the first six months of 2022, power Distribution Companies (Discos) raked in a whopping N393.15 billion between… Read more »
Nigeria: PIA Won't Solve Oil Industry Challenges Without Addressing Crude Theft - Senate
The Senate has said the current massive oil theft in the country, if not immediately curbed could frustrate the implementation of the Petroleum Industry Act (PIA) passed in to law… Read more »
September 21, 2022
Nigeria: Decreasing Value of Naira Affecting Nigerian Economy, Says Analyst
The alarming exchange rate has been described as a major challenge affecting the Nigerian economy, and which has brought untold hardship on Nigerians. Read more »
Nigeria: Dangote, MTN, Globacom Lead At 2022 'Top 50 Brands Nigeria'
Dangote Industries has emerged the Most Valuable Brand in Nigeria for a record 5th year in a row at the outcome of the 2022 corporate brand evaluation, conducted by the leading… Read more »
September 20, 2022
Africa: Nigeria Leads Sub-Saharan Africa in Solar Mini-Grid Deployment
In line with the federal government plan to optimize energy generation through stakeholders' collaboration and achieve zero carbon emission by 2060, the Minister of Power, Mr.… Read more »
September 05, 2022
Nigeria: Again, Manufacturers Decry Multiple Taxation By Govt Agencies
in Port Harcourt Read more »
August 31, 2022
Nigeria: Osinbajo Leads Mission to U.S Wednesday, Seeks U.S.$140 Billion to Deliver Nigeria's Energy Transition Plan
Vice-President Yemi Osinbajo will on Wednesday depart Abuja for the United States of America, to seek global partnerships and support for Nigeria's $140 billion Energy Transition… Read more »
September 20, 2022
Nigeria: Claims Against Obi Mischievous, Labour Party Media Team Slams Oshiomhole
Emameh Gabriel in Abuja Read more »
Nigeria: Portugal Says It May Face Shortages Next Winter If Nigeria Defaults On LNG Delivery
Portugal could face supply problems this winter if Nigeria does not deliver all the Liquefied Natural Gas (LNG) it is due to, the European Union (EU) country's Environment and… Read more »
Nigeria: N3.4trn Needed to Subsidise 66m Litres Daily Consumption of Petrol Per Annum - Kyari
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, yesterday disclosed that the sum of N3.4 trillion was required… Read more »
September 19, 2022
Nigeria: NLC At 40 - Govt Pledges to Adjust Workers' Salaries in Line With Economic Realities
The federal government has said that it will soon embark on the re-adustment of salaries and allowances of civil servants, so as to bring it in line with the economic realities in… Read more »
Nigeria: MTN Launches 5G in Lagos, Targets Six More Cities
MTN Nigeria Communications Plc yesterday launched its commercial 5G network in Lagos, with a promise to launch the network in six other cities. Read more »
Nigeria: Fitch Upgrades FBN Holdings, First Bank to 'B', Stable Outlook
Fitch Ratings has upgraded FBN Holdings Plc's (FBNH) and First Bank of Nigeria Limited's (FBN) long-term issuer default ratings (IDRs) to 'B' from 'B-'. Read more »
Nigeria: MPR Hike - 13 Banks Generates N2.04trn Interest From Customers Loans, Securities Investment
A total of 13 banks generated N2.04trillion interest from customers loans, Securities investments, among others in first half year ended June 30, 2022 on the back of Central Bank… Read more »
Nigeria: N621bn NNPCL Tax Credit, Sukuk to Help Tackle Road Funding Challenges in 2023 - Fashola
The Minister of Works and Housing, Mr Babatunde Fashola (SAN) at the weekend assured that with the N621 tax credit scheme made available by the Nigerian National Petroleum Company… Read more »
September 18, 2022
Nigeria: Nigeria Moves to Attract Foreign Investment to Economy
Nigeria, in collaboration with the Africa Business Roundtable, will this week hold the second edition of the Nigeria International Economic Partnership Forum (NIEPF), a global… Read more »
Nigeria: Stemming Unbridled Export Rejections for Good
James Emejo writes that the federal government has a rare privilege to frontally address the recurrent problem of agricultural export rejection by the European Union and other… Read more »
Nigeria: Help, Our Future Is Relocating
Perhaps unconsciously, a new sense of identity has crept in and is becoming dominant among many Nigerians. A curious sense of 'anywhere is home' is becoming commonplace among young… Read more »
September 17, 2022
Nigeria: Lawan - Buhari May Not Physically Present 2023 Budget to National Assembly
President Muhammadu Buhari may not appear before the joint Senate and House of Representatives session to present the 2023 budget next month. Read more »
September 16, 2022
Nigeria: Inflation Hits 17-Year High At 20.52 Percent, Higher in Ebonyi, Rivers, Bayelsa
The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities rose to 20.52 per cent year-on-year in August, compared to 17.01 per cent in the… Read more »
Nigeria: Govt Confirms Ethiopian Airlines As Technical Partner, Core Investor in Nigeria Air
The federal government has confirmed the selection of Ethiopian Airlines as technical partner and core investor for the establishment of its planned national carrier, the Nigeria… Read more »