April 26, 2023
Nigeria: Agora Report Prescribes Immediate Reforms, Urges Govt to Boost Oil Revenues
Agora Policy, an Abuja think-tank has urged the federal government to work on boosting oil earnings, stressing that the drastic fall in oil revenue has been as a result of the… Read more »
April 25, 2023
Nigeria: Halliburton Nigeria Oil Production Facility Reaches 10m Barrels Milestone
Halliburton Testing and Subsea (TSS) Nigeria has celebrated two significant milestones, including an Early Production Facility (EPF) and processing of its 10 millionth barrel of… Read more »
April 24, 2023
Nigeria: Average Price of 5kg Cooking Gas Stood At N4,610.48 in March, Says NBS
The National Bureau of Statistics (NBS) has said the average price of 5kg of cooking gas increased from N4,600.57 recorded in February to N4,610.48 in March. Read more »
Nigeria: Six Dead As Bus Bursts Into Flames Near Kara Bridge in Lagos
About six persons died yesterday following an auto crash around the popular Kara Bridge along the Lagos-Ibadan Expressway. Read more »
April 23, 2023
Nigeria: 5-Storey Building Collapses in Lagos
A five-storey building under construction at 45 Ladipo Oluwole in the GRA Apapa area of Lagos State, collapsed on Sunday. Read more »
April 21, 2023
Nigeria: Malami Bows to Pressure, to Appear Before Committee On Alleged Sale of 48 Billion Barrels of Crude
The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami yesterday expressed readiness to provide relevant information on the alleged sale of 48… Read more »
Nigeria: World Bank Urged to Adopt Digitally Validated Addresses, Identifications in Sharing $800m Post-Subsidy Removal Palliative
An advocacy organisation in Nigeria, Grassroots Addressing and Identity Management Systems (G-AIMS) has urged the World Bank to make the adoption of Addressing and Identity… Read more »
Nigeria: Govt Pushes for Implementation of SAATM to Benefit From 155,000 New Jobs, $1.3bn Annual GDP
The federal government has said it is determined to give full support to the implementation of Single African Air Transport Market (SAATM) in order to maximise the benefit therein. Read more »
Nigeria: Nigeria's Economy - the Path to Prosperity
It is a given that the incoming Federal Government of Nigeria will have to tackle decisively the macroeconomic challenges of a fraudulent and wasteful petrol subsidy regime, our… Read more »
Nigeria: Stakeholders Set to Address Aviation Sector Challenges
Stakeholders in the aviation industry are set to address the challenges in the sector at the Federal Airports Authority of Nigeria (FAAN) National Aviation Conferences (FNAC),… Read more »
Nigeria: Addressing Insecurity At Nigerian Airports
For several years there have been incidents of Nigerians hiding in the wheel-well or other parts of aircraft to escape from the country. The continuous record of these incidents is… Read more »
April 20, 2023
Nigeria: As More Players Spring Up, Stakeholders Optimistic Nigeria Will Become Major Internet Exchange Hub in Africa
Following the rise in the establishment of Internet Exchange Points (IXPs) in Nigeria, occasioned by the increasing demand for data and internet connectivity, industry stakeholders… Read more »
April 19, 2023
Nigeria: Operators Seek Alignment Between NUPRC, NMDPRA in Oil Regulation
Worried by the many challenges confronting the Nigerian oil and gas industry partly as a result of actions and inactions of the federal government, some operators yesterday, called… Read more »
April 18, 2023
Nigeria: Buhari Recounts Achievements in Oil, Gas Sector, Lists PIA As Biggest Accomplishment
President Muhammadu Buhari yesterday attended the Nigeria International Energy Summit (NIES), his last as the country's leader, seizing the opportunity to highlight his… Read more »
Nigeria: Nigeria, Other African Countries to Benefit From AfDB's Six-Year Fertilizer Strategic Plan
The African Development Bank (AfDB) has stated that its Africa Fertilizer Financing Mechanism (AFFM) strategic plan 2022-2028 is committed to mobilising funds to support the… Read more »
Nigeria: Nigeria Produces 115m Barrels, 75 Percent of Budget Benchmark in Q1 Amid Struggling Oil Output
Amid Nigeria's crude oil production struggle, the country managed to drill 115 million barrels of the commodity in the first quarter of 2023, a THISDAY review of industry data has… Read more »
Nigeria: S&P Survey - OPEC Crude Oil Production Dropped By 300,000 Bpd in March Amid Russian Sanctions
Crude oil production from the Organisation of Petroleum Exporting Countries (OPEC) and allies fell by 300,000 barrels per day in March as sanctions hit Russian output, the latest… Read more »
April 17, 2023
Nigeria: More Proactive Measures Needed to Combat Ilegal Fishing in Nigeria
Experts in the maritime sector have called for more proactive measures to combat the negative effect of Illegal Unreported Unregulated (IUU) fishing activities affecting the… Read more »
Nigeria: United Nigeria Airline Gets IOSA Certification
United Nigeria Airlines has been successfully registered as an IOSA Operator under the IATA Operational Safety Audit program (IOSA) for initial IOSA Audit, which commenced last… Read more »
Nigeria: Sanwo-Olu Woos Investors in America, Says Lagos Right Place for Investments
Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged existing and potential investors to continuously see Lagos, "the crown sub-national jewel of the African economy," as a… Read more »
Nigeria: Senate Spokesperson Says Nigeria Ripe to Operate Digitalised Economy
The Spokesperson of the 9th Senate, Senator Surajudeen Basiru, has said the Nigerian economy is ripe enough to be digitalised. Read more »
Nigeria: Oil Marketer Blames High Cost of Cooking Gas On Inadequate Infrastructure, Fx Scarcity
Founder and Chief Executive Officer of Hyde Energy Limited, a downstream oil and gas company, Mr. Oladimejj Edwards, has attributed the high cost of Liquefied Petroleum Gas (LPG),… Read more »
Nigeria: $800m World Bank Post-Petrol Subsidy Removal Facility Awaiting NASS Approval for Disbursement - Govt
The Minister of Finance, Budget and National Planning of Nigeria, Mr. Zainab Ahmed, at the weekend clarified that the $800 million facility the country recently got from the World… Read more »
Africa: Debt, Debt Everywhere...
Rising debt waves across the world remains a major risk for global financial stability and undermines efforts to engender sustainable development. Read more »
April 14, 2023
Nigeria: CBN Warns Nigerians to Steer Clear of Fake Recruitment Portal
The Central Bank of Nigeria (CBN) yesterday warned Nigerians to disregard a fake recruitment portal purportedly floated by the bank. Read more »