Nigeria: Season of Honours for Tony Elumelu, United Bank Chairperson

Charles Ajunwa writes that the entrepreneurial and managerial acumen of the Chairman of United Bank for Africa and Heirs Holdings, Mr. Tony Elumelu, attract recognitions from… Read more »

Nigeria: Higher Food, Energy, Import Costs Drive Inflation to 21.47%

The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased to 21.47 per cent year-on-year in November, compared to 15.40 per cent… Read more »

Nigeria: Nigeria, Kenya Missing From $150m Frontier Market Inflow - Analyst

An analyst at EFG Hermes Research has disclosed that Nigeria and Kenya are missing from the $150million frontier markets inflow in the last three weeks over the scarcity of foreign… Read more »

Nigeria: Court Refuses Motion Seeking to Stop CBN's Cash Withdrawal Limit

Justice Chizoba Oriji of a High Court of the Federal Capital Territory (FCT) in Maitama has refused to grant a motion seeking to stop the new cash withdrawal policy of the Central… Read more »

Nigeria: Bureau of Public Service Reforms Rates NPA As 'Platinum Level' Organisation

There was excitement in the Nigerian Ports Authority (NPA) following the classification of the agency by the Bureau of Public Service Reforms (BPSR) as a level 5 "Platinum Level"… Read more »

Nigeria: Police Debunk Report of Old Naira Notes Stashed in Barracks

The Benue State Police Command has refuted reports that old naira notes were discovered in a police barracks in Wadata, Makurdi, the state capital. Read more »

Nigeria: Senate Confirms Reappointment of Two CBN Deputy Govs for Second Term

The Senate yesterday confirmed the reappointment for second and final terms in office, Mrs. Aisha Ahmad and Mr. Edward Lametek Adamu that were nominated by President Muhammadu… Read more »

Nigeria: Oloyede - JAMB Remitted U.S.$111 Million to Govt in Six Years

The Registrar of the Joint Admission and Matriculation Board (JAMB), Prof Ishaq Oloyede, yesterday disclosed that the board remitted no less than N50 billion to the federal… Read more »

Nigeria: Biden Announces $350m to Facilitate Digital Transformation in Nigeria, Others

President Joe Biden of the United States of America has announced the commitment of $350 million to facilitate digital transformation in Africa. Read more »

Nigeria: In New Report, Jobberman Gives Fresh Insights Into Nigeria's Youth Unemployment

Jobberman, a digital platform that provides training and placement for jobseekers, has released a report providing new insights into youth unemployment. Read more »

Nigeria: Probe of Zungeru Power Plant Is Aimed At Ensuring Due Process, Says Lawan

The President of the Senate, Ahmad Lawan, has said that the Senate decided to organise an investigative hearing on the ongoing bid on a concession of the Zungeru Hydroelectric… Read more »

Nigeria: Nigerian Politicians Jittery Over CBN's Decision

The Central Bank of Nigeria (CBN) has set a limit on the amount of money that an individual or business organisation can withdraw over the counter and how much can be gotten from… Read more »

Nigeria: Edo Not Listed Among Top Most Indebted States in Nigeria

Edo State is no longer on the list of top ten most indebted states in Nigeria, a statement disclosed yesterday. Read more »

Nigeria: Govt to Earn $3bn Annually From Hibiscus Export to Mexico

The Comptroller General, Nigeria Agricultural Quarantine Service (NAQS), Dr. Vincent Isegbe, has said the country is expected to earn about $3 billion annually from hibiscus… Read more »

Nigeria: SERAP Gives Nine Governors Seven Days to Disclose Spending of N625bn 13% Derivation Refunds

The Socio-Economic Rights and Accountability Project (SERAP) has urged the nine oil producing states in Nigeria to provide and widely publish details of their spending of the oil… Read more »

Nigeria: Artificial Intelligence for New Drug Discovery

Artificial intelligence helps to make pharmaceutical research and new drug discovery less expensive and more productive, argues Julius Adelusi-Adeluyi. Read more »

Nigeria: 5G Subscriptions in Africa to Reach 150m By 2028 - Report

Ericsson yesterday released the 2022 edition of its 'Mobility Report' projects, where it forecasted that 5G subscriptions in sub-Saharan Africa would grow from seven million in… Read more »

Nigeria: Of Aero Resurrection and Future of Air Transport

Aero Contractors can rescue other Nigerian airlines if it expands its maintenance facility as many of them may not be disposed to robust financial outlay to continue to conduct… Read more »

Nigeria: FAAN Inaugurates Committee to Drive Aviation Cargo Roadmap

The Managing Director, Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu has inaugurated a committee to drive and actualise set objectives in the Aviation Cargo… Read more »

Nigeria: Leapfrogging Digital Payments Through Cash Withdrawal Limits

Obinna Chima writes on efforts to enhance digital payments and move to a cashless economy Read more »

Nigeria: OML 130 - Group Alleges Plans to Violate Local Content Laws, Inflate Rig Cost

The South-South Reawakeing Group (SSRG) has accused the Nigerian National Petroleum Company Limited (NNPC) and its partner, TotalEnergies Upstream Nigeria Limited of allegedly… Read more »

Nigeria: WTO Report Shows Increase in Trade Restrictions On Food, Fertilizer

Oluchi Chibuzor Read more »

Nigeria: Delta Explains Ticket Sales in Dollars As Foreign Carriers Groan Over Trapped Funds

The International Air Transport Association (IATA) has said the amount of airline funds that is due for repatriation, but being blocked by governments has risen by more than 25 per… Read more »

Africa: AfDB Mobilises U.S.$8.9bn for Africa's Low-Income Countries, Highest in 50 Years

After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to commit a total package of… Read more »

Nigeria: Nigeria's NNPC Funded Chevron Asset Purchase With Aid of Family Firm - Report

One of Nigeria's wealthiest families, Sayyu Dantata, funded the Nigerian National Petroleum Company Limited (NNPC) purchase of oil blocks from Chevron Corporation, offering an… Read more »