April 29
Nigeria: Enugu Awards Contract to Revamp Hotel Presidential
...set to revive Nigergas Company Read more »
Nigeria: Credit to Manufacturing Sector Up 39 Percent to N7.73trn in 2023
In spite of numerous challenges confronted by manufacturers in Nigeria, the manufacturing sector's borrowings from the nation's banking sector rose by N2.17 trillion to N7.73… Read more »
Nigeria: Labour, Bank Tango Over Unpaid Benefits to 1,000 Sacked Workers
Organised Labour and the Heritage Bank Plc are in a fresh battle over perceived wrongful sack of workers without benefits. Read more »
Nigeria: Fuel Scarcity'll Last for 2 More Weeks - - Ipman
The Independent Petroleum Marketers Association of Nigeria, IPMAN, said yesterday that the petrol scarcity currently spreading to more states across the country will take at least… Read more »
Nigeria: Dangote Cement Export Increased By 87.2 Percent At 264kt in First Quarter
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker, from Nigeria to Ghana and Cameroon and that the export, for the first quarter of… Read more »
Nigeria: Nasarawa Approves N1bn for Gratuity Payment
Nasarawa State government has approved N1billion for payment of gratuities to over 1,000 retirees in the state. Read more »
April 27
Nigeria: FRSC Attributes Ogun Gas Explosion to Brake Failure, Confirms One Casualty
One person was confirmed dead, while five vehicles were completely burnt on Saturday when a truck carrying Liquefied Natural Gas (LNG) exploded in Abeokuta, the Ogun State capital. Read more »
April 28
Nigeria: Transformative Leadership and Remarkable Impact As Md/CEO, Ekedc
When I assumed the role of MD/CEO at Eko Electricity Distribution Company (EKEDC) in 2022, I faced significant hurdles, including ATC&C losses at 29.87% and CE at 82.69%. With… Read more »
April 27
Nigeria: One Dead, 2 Injured in Gas Tanker Explosion in Abeokuta
One person has been confirmed dead, while two others sustained injuries on Saturday in a gas tanker explosion at Ita -Oshin, Abeokuta on the Lagos-Abeokuta expressway. Read more »
April 28
Nigeria: How We Are Cutting 38-Mth Timeline for Oil, Gas Contracts in Nigeria - Olu Verheijen, Tinubu's Special Adviser,
·'In a year or two, most of what we are Read more »
April 27
Nigeria: FG Begins Demolition of Landmark Beach for Coastal Highway Project
The Minister of Works, Sen. Dave Umahi, on Saturday in Lagos, flagged off the demolition of a section of the Landmark Beach, the Mami Chula Beach Lifestyle, to give way to the… Read more »
April 28
Nigeria: President Tinubu, Scarcity Is Evident - Chaos Follow, By Dele Sobowale
Cash scarcity reduces demand for some basic commodities; transporters bring less; prices escalate on account of reduced supply and demand plummets even further - ad infinitum Read more »
Nigeria: Black Weekend in Rivers As Pregnant Woman, Others Die, 79 Vehicles Burnt in Fire Disaster
*Gov Fubara visits scene, promises compensation Read more »
Nigeria: Minimum Wage - Amid Hardship, Workers' Hopes for Pay Rise By May Day Dashed
·Abia, Taraba, Zamfara still paying pre-2019 wage Read more »
April 29
Nigeria: Why Naira Depreciated By 23% in 4 Days - Currency Dealers, Analysts
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the… Read more »
April 22
Nigeria: FG to Achieve 6000 Megawatts Using Hydro, Solar Plants - Adelabu
The Minister of Power, Adebayo Adelabu, has unveiled plans to increase power generation from 4000 Megawatts to 6000 using the hydro and solar plants. Read more »
April 23
Nigeria: FG Urges Oil & Gas Operators to Leverage Capital Market for Funding
The Federal Government (FG) has urged the oil and gas operators to create ingenious ways of raising capital especially leveraging the nation's capital market to expand their… Read more »
Nigeria: 560 Naval Personnel to Participate in 2024 Inter-Command Competition
The Nigerian Navy has commenced the 2024 Inter- Command Football, Volleyball and Tug of War competition ,with a view to discovering new talents that would represent the Service at… Read more »
Nigeria: Minna - 5 Children Suffocate in Abandoned Car
Five children, three of the same parents, have died from suffocation in an abandoned car in Minna, Niger State. Read more »
Nigeria: Junior Pope - Fufeyin Gifts Survivor of Boat Accident N2m
ThankGod Ikoma, a survivor of the tragic boat accident that claimed the lives of Nollywood actor, Junior Pope, Engr Precious Ofurum, and others has received a life-changing… Read more »
Nigeria: Tin-Can Customs Surpasses Q1'24 Revenue Target By 139 Percent
The Tin-can Island Port Command of the Nigeria Customs Service, NCS, said it has surpassed its first quarter revenue target for 2024 (Q1'24) by 139 per cent with a total collection… Read more »
Nigeria: Kenyan Police Arrest Binance Chief Who Fled Nigeria
Police authorities in Kenya have arrested Nadeem Anjarwalla, an executive of cryptocurrency platform, Binance, who fled Nigeria some weeks ago. Read more »
Nigeria: Foreign Investment in Stock Market Rises 168 Percent to N118.92bn
Foreign portfolio investment, FPI, into the stock market rose by 167.8 percent, Year-on-Year (YoY), to N118.92 billion in February 2024 from N44.52 billion in the corresponding… Read more »
Nigeria: Low Investments, Non-Channelisation Hamper Water Transport - Oyetola
The Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, has said that low investments, non-channelisation and dredging of navigable waterways have over the years hindered… Read more »
Nigeria: N200bn Intervention Fund - FG Begins Disbursement to Msmes, Manufacturers
The Federal Government said it will soon commence the loan disbursement process for micro, small and medium enterprises (MSME) and manufacturing sectors under the Presidential N200… Read more »