November 29, 2023
Nigeria: Tinubu Arrives Nass to Present N27. 5trn 2024 Budget
President Bola Tinubu has arrived at the National Assembly to present the N27.5 trillion Appropriation Bill before a joint session of the Senate and the House of Representatives. Read more »
Nigeria: Supreme Court Okays Indefinite Use of Old, New Banknotes
The Supreme Court has ruled that both the old and the redesigned Naira banknotes remain valid legal tenders in the country beyond December 31. Read more »
November 26, 2023
Nigeria: Nigeria Among Africa's Best for Partnership With Young Entrepreneurs - French Minister
The French Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Mr Olivier Becht has described Nigeria as one of the most attractive countries… Read more »
November 24, 2023
Nigeria: Why U-Turn Is Needed After 60 Years of Oil Dependence - Stakeholders
Stakeholders from various sectors have called on the Federal Government, FG, to make a significant U-turn after six decades of heavy reliance on petroleum resources. Read more »
Nigeria: Families Spend More As Inflation Persists - NBS Report
There are indications that the sustained inflationary pressures in the economy may have forced a reversal of the trend in household consumption expenditure. Read more »
Nigeria: Ibom Air Clarifies - No Suspension of Calabar Flights, Operational Adjustments Made
Contrary to recent reports, Ibom Air, the Akwa Ibom State government-owned airline, has refuted claims of suspending flight operations to Calabar, Cross River state. Read more »
Nigeria: Marine & Blue Economy - Nimasa, Others Sign 4 Yrs Performance Bond With Govt
In what could be described as a joint commitment to turn around the socio-economic fortune of the country, the newly-created Federal Ministry of Marine and Blue Economy, yesterday,… Read more »
November 21, 2023
Nigeria: Tinubu's Govt Attracting Huge Investments to Nigeria - Foreign Affairs Minister
Minister of Foreign Affairs, Yusuf Tuggar said President Bola Tinubu's government is attracting huge investments to Nigeria. Read more »
November 20, 2023
Nigeria: Rumour of Tanker Drivers' Protest Is Handiwork of Mischief-Makers - NUPENG
The Nigeria Union of Petroleum Natural Gas Workers, NUPENG, has dismissed insinuations of planned protest by members of the Petroleum Tanker Drivers, PTD, branch of the Union,… Read more »
Nigeria: UAE Grants Air Peace Approval for Direct Flight to Dubai - Keyamo
The government of United Arab Emirates has granted Air Peace the approval to operate direct flight to Dubai. Read more »
November 17, 2023
Nigeria: Illegal Refining - Expert Laments Risks, Recommends Way Out
Lagos-based Community and Environmental Safety Advocate, Juliet Chijioke-Churuba has lamented the debilitating effects of the growing practice of illegal refining in the country. Read more »
November 16, 2023
Nigeria: Visas of Passengers Airlifted From Nigeria Verified By Saudi Arabi - Air Peace
Air Peace on Wednesday faulted the Saudi Arabian authorities over the cancellation of visas of 264 passengers airlifted by the company from Nigeria on the grounds of incorrect… Read more »
November 15, 2023
Nigeria: Monetary Policy Stance, Money Market Reforms Yielding Desired Impact - CBN
The Central Bank of Nigeria (CBN), has expressed optimism that its monetary policy initiatives are yielding the desired results. Read more »
Nigeria: Govt, Labour Meet Over Ongoing Nationwide Strike
The Federal Government has invited leaders of the Nigeria Labour Congress, NLC, and the Trade Union Congress of Nigeria, TUC, for a meeting this afternoon in a bid to end the… Read more »
Nigeria: Finance Minister Unveils Plan for $13bn Revenue From National Assets
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun yesterday in Lagos unveiled plans to leverage the nation's assets to generate about $13 billion annual… Read more »
Nigeria: AfCFTA to Lift 30m Nigerians, Africans Out of Poverty By 2035 - Moghalu
The Chairman of the Board of Directors and Advisory Board at the Africa Private Sector Summit, Professor Kingsley Moghalu, has said when fully implemented, the African Continental… Read more »
Nigeria: Nigeria's Rig Count Drops 13 Percent As Oil Rises to 1.4m Bpd
Nigeria's rig count, a major index of measuring activities in the upstream sector, dropped month-on-month, MoM by 13.3 per cent to 13 in October 2023, from 15 recorded in the… Read more »
November 14, 2023
Nigeria: Labour Strike - Students Sent Home, Banks Locked in Osogbo
Students in public schools in Osogbo, Osun, were sent home on Tuesday following the nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress… Read more »
November 13, 2023
Nigeria: 'We'll Carry Out Strike Action to the Letter' - NLC, TUC Spit Fire Over Attack On Ajaero
Organized labour says it will commence a nationwide indefinite strike from midnight of Nov. 14, despite a court order restraining it from such action. Read more »
November 14, 2023
Nigeria: Why Tinubu Should Implement Viable Economic Policies - Ashimolowo
THE Senior Pastor of Kingsway International Christian Centrsse, KICC, Pastor Matthew Ashimolowo, has urged President Bola Tinubu to formulate and implement viable economic policies… Read more »
Nigeria: Committee Calls For Increase In Education Budget to 15%
The Chairman of the House of Representatives Committee on Federal Polytechnics and Higher Technical Education, Adegboyega Isiaka, has called for an upward review of budgetary… Read more »
Nigeria: ASUU Joins NLC, TUC, Declares Nationwide Strike
The Academic Staff Union of Universities (ASUU) has asked its members to join the nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress of… Read more »
Nigeria: Obaseki, Dangote, Others Spotlight Economic Potentials of Edo
The Edo State Governor, Mr. Godwin Obaseki, the Chairman of the Dangote Group, Alhaji Aliko Dangote, and other industry leaders have said that Edo state has been positioned with… Read more »
Nigeria: AfCFTA - Exports Expected to Reach $1trn in 2035 Standard Chartered
Following the implementation of the African Continental Free Trade Area (AfCFTA) intra-Africa export is projected to reach $1 trillion by 2035, according to a report released by… Read more »
November 13, 2023
Nigeria: More Bakeries Shut Down Over High Cost of Flour, Other Ingredients
Bread, a favourite Nigerian fathers welcome home gifts for their children, is disappearing in homes. Read more »