August 16, 2022
Nigeria: Budget Deficit, Public Debt Hamper Fiscal Sustainability - CBN
The Central Bank of Nigeria (CBN) yesterday said budget deficit and public debt could exert direct and negative consequences on fiscal sustainability, adding that these remained… Read more »
Nigeria: Nigerian Govt Raises Fresh Fraud Claims Against P&ID
Nigeria has levelled fresh claims of fraud against a little-known offshore firm, Process and Industrial Developments (P&ID), which earlier won an $11 billion arbitration award… Read more »
Nigeria: Amid Massive Under-Production, Nigeria Posts Record 9.4m Barrels Oil Loss to Shut-Ins, Others
Again, Nigeria has hit a new oil production loss record as a result of disruptions to its crude assets due to maintenance challenges, community issues and prolonged force majeure. Read more »
August 12, 2022
Nigeria: AIB-N Boss Commends Improved Safety in Nigeria's Airspace
The Commissioner, Accident Investigation Bureau Nigeria (AIB-N), Mr. Akin Olateru, has said Nigeria had the best aviation safety record in the world in the last six years because… Read more »
Nigeria: Time to Rethink and Reset Aviation
Anthony Kila proffers solution to the problems facing the nation's aviation sector which has resulted in the grounding of two local airlines Read more »
Nigeria: Enhancing Aeronautical Services in Nigeria's Airspace
There is no doubt that the Nigerian Airspace Management Agency (NAMA) has contributed immensely in safe flight operation in Nigeria. Read more »
Nigeria: Discos - Nigeria Yet to Generate Up to 6000mw Electricity Since Independence
Since 1960 when Nigeria attained independence till date, Africa's most populous nation has not generated up to 6000 megawatts (mw) of electricity, the Association of Nigerian… Read more »
Nigeria: Anambra Govt Clears Air On Receipt of 13 Percent Oil Derivative
Anambra State Government has clarified the news of the receipt of its first 13 per cent oil revenue, as an oil-producing state in the country. Read more »
August 10, 2022
Nigeria: Rewane - President's Leadership Style Delivering Least Economic Outcomes
A report by a member of President Mohammadu Buhari's Economic Advisory Council (EAC)/Chief Executive Officer of the Financial Derivatives Company Limited, Lagos, Mr. Bismarck… Read more »
August 09, 2022
Nigeria: NESG to Govt - Take Tough Choices, Tackle Insecurity, Remove Petrol Subsidy Now
The Nigerian Economic Summit Group (NESG) has made a passionate appeal to President Muhamadu Buhari to utilise the remaining 10 months in his administration to make tough choices… Read more »
August 08, 2022
Africa: China Embarrassed By Reports of Sub-Standard Goods Imported to Africa - Official
The Chinese Government has said it is embarrassed by reports of substandard products imported into Africa from China. Read more »
Nigeria: Buhari Okays Acquisition of Exxon Mobil Shares in U.S. By Seplat Energy
President Muhammadu Buhari has approved the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy Offshore Limited. Read more »
Nigeria: Your Plan to Revamp Manufacturing, Agric Sectors Alluring, Entrepreneurs Tell Atiku
Former vice president and the presidential candidate of the Peoples Democratic Party (PDP) in the next general elections, Atiku Abubakar yesterday disclosed that he recently held… Read more »
August 10, 2022
Nigeria: Nigerians Dominates Equities Market Transactions As Foreign Investors Continue to Exit - Report
A report by United Capital Limited has revealed that local investors have continued to dominate trading activity at the Nigerian bourse, controlling 85.3 per cent of total… Read more »
August 09, 2022
Nigeria: Ebonyi Officials Tasked On Good Governance, Economy
A Public Policy Consultant, Dr. Joe Abah, has advocated for stronger synergy between the political and bureaucratic classes in order to fast track growth and development of the… Read more »
August 08, 2022
Nigeria: Mayowa Adenekan Redefines Digital Marketing
Having a deep knowledge of digital marketing is not only a requirement in this age, it is a necessity. It shouldn't be undervalued or underestimated. According to Wordstream, 55%… Read more »
August 09, 2022
Nigeria: Jaiz Bank Increases Half-Year Profit By Over 27 Percent.
Jaiz Bank Plc's unaudited financial results for the second quarter ended 30 June 2022 were released to the Nigerian Exchange Group (NGX), revealing a 27.6% increase in Profit After… Read more »
Nigeria: Yeasa Targets Active Youth Participation in Agriculture
The Youth Employment in Agribusiness and Sustainable Agriculture (YEASA) project is targeting to improve the livelihoods of youths in rural communities through agriculture and… Read more »
Nigeria: New Direction Nigeria's Power Sector?
Nigeria's power supply industry has almost always been problematic. With the recent move to clean up the sector, Emmanuel Addeh asks whether Nigerians will begin to see results… Read more »
Nigeria: Economy Grew At 3.4 Percent, Says Ubosieleh Report
A new report by Ubosi Eleh & company, an estate and valuer firm, says the nation's economy grew at 3.4% to beat the 3% figure projected by the International Monetary Fund… Read more »
Africa: Niproptech 22 Presents Situation of Proptech in Africa
The NIPROPTECH 22 held recently in Lagos with professionals taking turns to elucidate on the state of Property Technology in Africa. Read more »
Nigeria: CBN to Fund Focal Commodities to Strengthen Naira
The Central Bank of Nigeria (CBN), has assured of its commitment to continue to fund 12 focal commodities that include cassava through its Commodity Development Initiative (CDI). Read more »
August 07, 2022
Nigeria: No Respite for Nigeria As Oil Production Falls to 1.083 Million BPD in July
*Deficit exceeds 700,000bpd despite assurances of increased drilling Read more »
August 05, 2022
Nigeria: Nigeria Secures $1.5bn Loan From U.S. to Boost Solar Power Infrastructure
Nigeria has secured a $1.5 billion loan from the US-EXIM Bank to boost solar power infrastructure in 10 different locations in the country. Chief Executive Officer (CEO) of SUN… Read more »
Nigeria: All Nigerian Airports Have Approach, Landing Aids - NAMA
The Nigerian Airspace Management Agency (NAMA) has confirmed that all federal and state government owned airports in the country have approach and landing navigational aids. Read more »