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 »
Nigeria: Electricity Workers Lambast Discos, Gencos Over Poor Power Supply Despite N2trn Intervention Fund
Electricity workers in Nigeria have criticised the distribution companies (Discos) and the generation companies (Gencos) over the continuous poor power supply in the country after… Read more »
September 15, 2022
Nigeria: Inflation Hits 20.52 Percent
The Consumer Price Index (CPI) which measures inflation rose to 20.52 per cent year on year in August compared to 17.01 per cent in the corresponding period in 2021, the National… Read more »
September 13, 2022
Nigeria: Govt Eyes $4bn Annually From Cashew Exports
The federal government yesterday said it was working to improve the country's earnings from cashew exports to about $4 billion annually. Read more »
Nigeria: Nigerian Govt Lacks Willpower to Confront Daring, Sophisticated Oil Thieves - Report
A report by Proshare, a market intelligence and data analytics firm, has said that oil theft persists in Nigeria because all the institutions of state lack the will and… Read more »
Nigeria: The Economist - Nigeria Missing Out On Rare Global Oil Boom Opportunity
Nigeria has continued to waste the rare opportunity presented by the global rise in oil prices to grow its economy like other oil-producing countries, London-based The Economist… Read more »
September 12, 2022
Nigeria: Prosecute Oil Thieves, Senate Appeals to Military, Security Chiefs
The leadership of the Senate on Monday asked heads of military and security agencies in the country to start prosecuting suspected members of the public who are involved in oil… Read more »
Nigeria: Nigeria's $15.7bn 2022 Fuel Subsidy Projection to Exceed All 36 States' Budget - Report
With Nigeria's petrol subsidy bill skyrocketing in 2022, the estimates for the whole year would exceed the total expenditure by all the states of the federation in 2021, which was… Read more »
Nigeria: Evacuation Constraint Has Halted Oil Production, Storage Tanks Now Full to Brim, PENGASSAN Laments
In a fresh revelation, oil workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have declared that oil companies have been forced to… Read more »