June 26
Nigeria: Ministers At War
Ministers trade words over ownership of AI implementation platform,writes Read more »
Nigeria: Ilift Foundation Inaugurates Dlei to Equip 2,000 Students With Digital, Leadership Skills
Funmi Ogundare Read more »
Nigeria: Budpay to Powering African Businesses With Budpay Business
BudPay, a leading provider of business payment solutions for local and global enterprises in Africa, has reiterated its commitment to connecting African businesses to global… Read more »
Nigeria: MPC - Domestic Financial Conditions Tight, Putting Pressure On Public Debt Service
Nume Ekeghe Read more »
Nigeria: Expedite Action On New Minimum Wage, Labour Tells Tinubu As FEC Steps Down Memo
As the contentious issue of new minimum wage for Nigerian workers lingers, one of the two main labour centres in the country, Trade Union Congress (TUC), yesterday, appealed to… Read more »
June 25
Nigeria: CBN Mandates Banks, IMTOS to Pay Diaspora Remittances in Naira
The Central Bank of Nigeria (CBN) Tuesday directed banks and International Money Transfer Operators (IMTOS) to pay all diaspora remittances in Naira and match with the… Read more »
Nigeria: Civil Societies Support FG's Recapitalisation, Reform of Banks
Following the decision of the Central Bank of Nigeria (CBN) to recapitalise commercial banks in the country, the Coalition of Civil Society Organisations in the country has thrown… Read more »
Nigeria: Unpacking the Logic of Labour Union Activism
Strikes must be circumscribed by constitutional legality and sound reasons, arguesTunji Olaopa Read more »
Nigeria: Stock Market Drops By N707bn On Profit-Taking in Airtel, 25 Others
The stock market, yesterday commenced on a negative note in the last trading week in June 2024 as profit-taking in Airtel Africa Plc (-2.5per cent), and 25 others down the overall… Read more »
Nigeria: Energy Prices Continue Rise, Fuel Transportation Costs Nationwide
The prices of major fuels, including Premium Motor Spirit (PMS) or petrol, diesel, as well as gas continued to rise in May 2024, taking their tolls on transportation costs… Read more »
Nigeria: Naira Abuse - Court Strikes Out Charge Against Cubana Chief Priest, Orders Him to Pay N10m
Justice Kehinde Ogundare of the Federal High Court in Lagos on Tuesday, struck out a charge against celebrity bartender, Pascal Okechukwu (Cubana Chief Priest), over alleged abuse… Read more »
Nigeria: MPC Member Urges Govt to Take Urgent Action to Derisk Investment Climate Amid Outlows
A member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), Dr. Aloysius Uche Ordu, has said the country needed urgent action to scale up improvements in overall… Read more »
Nigeria: For Energy Transition to Succeed, Our Vulnerable People Must Be Supported - President
President Bola Tinubu, yesterday, declared that Nigeria remained committed to a balanced approach to energy transition that supports the vulnerable of the society. Read more »
Nigeria: Otedola Acquires Additional N17.2bn Worth of FBN Holdings' Shares, Now Holds 11.64% Stake
The Chairman of FBN Holdings Plc, Mr. Olufemi Otedola, has purchased an estimated N17.2billion worth of shares in the holding company to further cement his position as the single… Read more »
Nigeria: Over 1,800 Filling Stations Shut in North-East As Govt Moves Against Fuel Smuggling
Nearly 2,000 petrol outlets were shut in Nigeria's North-east yesterday to protest against an anti-smuggling operation that targeted some operators, the local head of the… Read more »
Nigeria: APM Terminals Apapa Recycles Discarded Tyres Into Flipflops
APM Terminals Apapa has begun the recycling of its discarded tyres into flipflops. The terminal made this known in a statement to the press on Thursday. Read more »
Nigeria: Oil Companies Flared Record Gas Volume in 2023 - World Bank
Oil companies around the world last year burned off the most natural gas in five years while also increasing the intensity of the highly polluting practice, a World Bank report has… Read more »
June 24
Nigeria: Court Freezes Swift Networks, CEO's Accounts in All Banks Over Alleged Debt
Justice Y. Bogoro of a Federal High Court in Lagos has temporarily barred further transactions in the bank accounts belonging to Swift Networks Limited, over alleged debt to Union… Read more »
June 23
Nigeria: Pistis Foundation, Asumah Brothers, Empowers Street Kids With Sports, Innovation
This groundbreaking project, conducted as part of its Kids-Off-The-Streets (KOTS), is set to make a lasting impact on the lives of some of the most vulnerable members of the… Read more »
Nigeria: Another Win for Nnpcl With €500m Investments in Ubeta Field Project
To say that the Nigerian energy sector has seen significant progress since the implementation of the Petroleum Industry Act (PIA) in 2021 would be stating the obvious. Read more »
June 24
Nigeria: No Plans to Abolish Patrol Points in Four South-East States, Says FRSC
The Federal Road Safety Commission (FRSC) at the weekend said at no time it intended to abolish patrol points in four South-eastern states of Ebonyi, Enugu, Imo and Abia. Read more »
Nigeria: Dangote Refinery - IOCs Plotting Our Failure By Declining to Sell Local Crude Despite Paying Premium
The management of the 650,000 barrels per day (bpd) Dangote Refinery at the weekend accused International Oil Companies (IOCs) operating in Nigeria of planning to ensure the… Read more »
Nigeria: Liquidity Pressure - Banks Borrow N3.76tn From CBN in Three Weeks
Following monetary rates tightening by the Central Bank of Nigeria (CBN), which has led to illiquidity in the banking system, banks and merchant banks in Nigeria in just three… Read more »
Nigeria: We'll Sanction Civil Servants Receiving Salaries After Relocating Abroad - Tinubu
President Bola Tinubu has criticised civil servants who still receive salaries without formally resigning, despite relocating abroad were. Read more »
Nigeria: Govt to Commence Construction of Additional 2,000 Housing Units in 8 States
The Minister of Housing and Urban Development, Ahmed Dangiwa, yesterday announced that the federal government was set to officially flag-off construction work for additional 2,000… Read more »