December 25, 2023
Nigeria: Unemployment - Rep Member Calls for Programmes to Discourage Japa Among Youths
A member of the House of Representatives representing Ajeromi-Ifelodun Federal Constituency, Lagos State, Mr Kalejaiye Paul, has called for the introduction of life-changing… Read more »
December 20, 2023
Nigeria: Nigeria's Debt Profile Hits N89.71trn - DMO
The Debt Management Office has said Nigeria's public debt profile has increased to N89.71 trillion at the end of the third quarter of 2023. Read more »
December 19, 2023
Nigeria: SSANU to Govt on IPPIS - Consult Varsity Mgt, Labour Unions for Seamless Payment Platform
THE Senior Staff Association of Nigerian Universities, SSANU, has called on the Federal Government to consult University management and labour unions on workable, reliable,… Read more »
December 18, 2023
Nigeria: FG Lists Importance of Data in Trade, Security, Other Govt Decisions
THE Federal Government, FG, has recognized the importance of data for import and export trade as well as assisting the government to streamline decision making and resolving trade… Read more »
Nigeria: Govt Mulls Seatime Policy for Nigerian Seafarers
IN a bid to ensure that Nigeria's seafarers are employable globally, the Federal Government has commenced move to release a definite policy programme that will address the issue of… Read more »
Nigeria: Trade Minister Champions Automation of Export Permits in Nigeria
TO streamline the oil and gas sector, the Federal Government has announced plans to automate the process of issuing export permits. Read more »
Nigeria: We Need to Attract Foreign Investors Not Chase After Them - Peter Obi
The presidential candidate of the Labour Party, Peter Obi said Nigeria should attract foreign investors and not chase after them. Read more »
December 17, 2023
Nigeria: China, Nigeria Can Leverage Fashion Show to Boost Textile Industry, GDP - Envoy
Mr Li Xuda, Cultural Counselor of the Chinese Embassy has urged China and Nigeria to exploit the untapped potential of fashion shows to boost textile industry and increase Gross… Read more »
December 16, 2023
Nigeria: We'll Pass U.S.2.8 Billion Lagos Budget Before January 1 - Speaker
The Speaker, Lagos State House of Assembly, Mr Mudashiru Obasa, has pledged speedy passage of the 2024 budget of Renewed Hope of N2.246 trillion before Jan. 1. Read more »
December 14, 2023
Nigeria: Labour Leaders Fume Over Tenure Limitation Circular
Organised Labour in the nation's public sector unions has raised uproar over a circular from the Office of the Head of Service, HoS, of the Federation, limiting the tenure of union… Read more »
Nigeria: Nigerians Under Poverty Line Rise to 104 Million - World Bank
Nigeria's poverty level has taken a notch higher, at the backdrop of the recent economic and fiscal reforms, World Bank report reveals. Read more »
December 13, 2023
Nigeria: Tinubu Sacks MDs of FAAN, NAMA, Other Aviation Agencies CEOs
Managing Director of the Federal Airports Authority of Nigeria, FAAN, Mr. Kabir Yusuf Mohammed, has been removed from office. Read more »
December 12, 2023
Nigeria: Govt Suspends 686 Civil Servants Salaries Over Unverified Records
In a bid to ensure transparency and efficiency in the Nigerian civil service, the Federal Government has suspended a total of 686 civil servants with unverified records on the… Read more »
Nigeria: Top Nigerians Involved in Illegal Mining Funding Banditry, Terrorism - Minister
The Minister of Solid Mineral, Mr Dele Alake, has alleged that powerful Nigerians involved in illegal mining were responsible for other criminal activities and involved in… Read more »
December 08, 2023
Nigeria: Nigeria Losing Best Brains to Japa Syndrome - AfDB President
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has called on African leaders to create quality jobs for their teeming unemployed youths, to stem the… Read more »
December 09, 2023
Nigeria: Crude Oil Theft - Illegal Connections Hit 4,800- - Mele Kyari
·Warns crude oil theft could frustrate oil projections by FG Read more »
December 08, 2023
Nigeria: Dangote Refinery Gets First One Million Barrels of Crude
Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami Crude grade from Shell International Trading and Shipping Company Limited, STASCO. Read more »
December 07, 2023
Nigeria: Foreign Investors Pull Out N310bn Assets, As P&G, Equinor Exit Nigeria
Against the backdrop of more exits from ground operations in Nigeria by more multinational companies, Nigeria's economy is expected to lose $335 million (about N310bn) in Foreign… Read more »
December 06, 2023
Nigeria: Govt's Deficit Spending Rises 11% to U.S.$9 Billion
Defies 45% increase in revenue Read more »
December 04, 2023
Nigeria: How Intel Waived $193m Debt to Resolve Stalemate Over Pilotage Contract - NPA
The Nigerian Ports Authority (NPA) has explained how INTELS Nigeria Limited waived $193 million as part of deliberate and conscious effort to resolve the stalemate on the pilotage… Read more »
Nigeria: Nigeria's Economy Begins Major Shift As Oil Sector Rebounds
There are indications that Nigeria's economy is reversing back to oil-sector led development while the gains made in non-oil sector is now reversing. Read more »
Nigeria: Subsidy - Govt to Begin Disbursement of Presidential Grants, Loans to Businesses
The Federal Government has expressed its readiness to kick-off two programmes targeted at alleviating the impact of fuel subsidy removal. Read more »
December 03, 2023
Nigeria: U.S. Applauds Nigeria's Efforts At Bolstering Economy for Sustainable for Growth
The United States has applauded Nigeria for the efforts it is making to bolster its economy towards ensuring sustainable growth and development. Read more »
December 01, 2023
West Africa: Nigeria Leads W/Africa in U.S.$194 Billion FDI Inflow, 154 000 Jobs - EY Reports
A new report released by Ernst and Young, EY, a global professional services firm, has indicated that Foreign Direct Investment, FDI, promoted more than 730 projects across the… Read more »
December 02, 2023
Nigeria: Senate Passes U.S.$34 Billion Appropriation Bill For Second Reading Without Copies of Sectoral Breakdown
*Spend two days debating Tinubu's 43 Paragraph Budget Speech Read more »