Nigeria: Govt, Daewoo Sign Deal for Maintenance of Kaduna Refinery for $740million

*NNPC says Port Harcourt refinery 64% completed Read more »

Nigeria: Thousands of Nigerians Join Landmark Lawsuit Against Shell in UK

More than 13,500 Nigerians joined their communities in a lawsuit against Shell Plc before a landmark UK trial that could have far-reaching implications for parent-company… Read more »

Nigeria: 2 Dead, Scores Trapped As Commercial Complex Collapses in Abuja

Two persons were feared dead while over 50 people were trapped when a two-storey commercial complex under construction, collapsed Thursday in Gwarinpa District of the FCT. Read more »

Nigeria: Digital Economy Sector Most Successful in Diversification of Nigeria's Economy - Buhari

President Muhammadu Buhari has declared that the digital economy sector has been the most successful in the diversification of the nation's economy, saving the federal government… Read more »

Nigeria: Experts Call for Regulation On Reporting Cybersecurity Attacks

Cybersecurity experts have called for some form of regulations that will make organisations report cyber attacks, stressing that underreporting of cyber attacks is one of the major… Read more »

Nigeria: The Lekki Deep Sea Port

The port has immense potential for the economy Read more »

Nigeria: NCC Moves to Bridge Gender Inequality in ICT Sector

The Nigerian Communications Commission (NCC) has introduced the "Nigerian Girls Can Code," as part of efforts to bridge the gender gap between male and female stakeholders in the… Read more »

Nigeria: Let Every State Determine Salaries, Allowances of Its Officials, Akeredolu Recommends to Govt

The Chairman of the Southern Nigeria Governors' Forum and Ondo State Governor, Mr. Oluwarotimi Akeredolu, yesterday faulted the current practice of fixing salaries and allowances… Read more »

West Africa: AfDB Approves U.S.$50 Million, €50 Million Trade Finance Credit Line for ECOWAS Bank

-Bank partners Government of Canada to fund SMEs, agric Read more »

Nigeria: Flour Mills of Nigeria Records N1.1trn Revenue in Nine Months

Flour Mills of Nigeria Plc (FMN), Nigeria's leading food and agro-allied business yesterday released of its unaudited financial results for the nine months((9M) ended December 31,… Read more »

Nigeria: Obaseki Urges Better Collaboration, Investment to Tackle Tropical Diseases

In order to sustain the progress recorded in the fight against Neglected Tropical Diseases (NTDs), which have affected over one billion people globally, the Edo State Governor, Mr.… Read more »

Nigeria: CBN Will Accept Old Naira Notes After Feb. 10 Deadline - Emefiele

The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has said that the apex bank would still accept the old naira notes after the February 10 deadline. Read more »

Nigeria: Niger Decries Fuel Scarcity, Vows to Sanction Hoarders

The Niger State Government on Tuesday decried the fuel scarcity in Minna, adding that its attendant high prices is artificial and has therefore vowed to sanction hoarders of the… Read more »

Nigeria: Analysts Laud CBNs Stance On Tightening MPR, Cautions Further Increase Would Reduce Lending

Analysts have applauded the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) by 100bps to 17.5 per cent,… Read more »

Nigeria: Inflation - LCCI Tasks Govt, CBN On Support for Agriculture, Manufacturing

The Lagos Chamber of Commerce and Industry (LCCI) has tasked the federal government and the Central Bank of Nigeria (CBN) to focus more on policies that would provide support to… Read more »

Nigeria: Osinbajo Backs Push for Cashless Economy, Says It Will Curb Illicit Election Financing

The vice president, Prof. Yemi Osinbajo has declared that the drive for a cashless policy in the country would go a long way to curb illicit election financing in the country. Read more »

Nigeria: Cashless Policy Will Curb Illicit Election Financing in Nigeria - Osinbajo

Vice President Yemi Osinbajo has declared that cashless monetary policy will go a long way to curb illicit election financing in the country. Read more »

Nigeria: High Energy Cost Takes Toll As Diesel Prices Soar 182.6 Percent in One Year

The cost of energy supply has continued to take a depressing toll on Nigerians with the average retail price of Automotive Gas Oil (diesel) paid by consumers in 12 months soaring… Read more »

Nigeria: Salami - to Boost Revenue, Govt Should Explore IJVs in Upstream Oil Subsector

Partner and Head, Energy and Natural Resources, KPMG Professional Services, Mr. Ayo Salami, harps on the need for the federal government to explore the option of Incorporated Joint… Read more »

Nigeria: Abuja-Kaduna Train Operations Resume Tuesday, Says NRC

The board and management of the Nigerian Railway Corporation (NRC) on Monday announced the recommencement of the Abuja-Kaduna train service, which was suspended on Friday, January… Read more »

Nigeria: CBN Deploys 30,000 Agents Nationwide to Boost Cash Swap As Buhari Approves Deadline Extension

The Central Bank of Nigeria (CBN) has deployed 30,000 super agents nationwide to enhance its cash swap initiative in the hinterlands, rural areas and regions underserved by banks… Read more »

Nigeria: The Bane of Diesel Economy

The authorities must do more to generate enough energy to power the economy Read more »

Nigeria: Despite Challenges, Credit to Private Sector Rose By 19.7% to N41.80 Trillion in 2022

Despite severe macro economic challenges, credit to private sector increased to N41.80 trillion in 2022, representing an increase of 19.7 per cent or N 6.88 trillion Year-on-Year… Read more »

Nigeria: Many Benefits of Naira Redesign, Cashless Policy

In this piece, James Emejo x-rays the several opportunities that the Central Bank of Nigeria's currency redesign and cashless policy present to ordinary Nigerian and the economy in… Read more »

Nigeria: NUPRC Moves to End Inaccurate Accounting for Nigeria's Oil, Gas Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has ended a two-day workshop in Abuja on production determination, accounting and reconciliation for crude oil,… Read more »