November 13, 2023
Nigeria: How to End Nigeria's Economic Woes - Senate
The Senate has said a genuine partnership between the executive and legislature would end Nigeria's economic woes. Read more »
November 10, 2023
Nigeria: Aftermath of Insecurity, Hardship - Plateau Girls Fall Prey to Traffickers - 14 Trafficked for Cheap Labour, Rescued
Human trafficking, an age-long illegal trade is being combatted on all fronts. But just like other societal menaces, the illicit trade continues to flourish despite the effort of… Read more »
Nigeria: Govt Faults Obi's Claim On Supplementary Budget
The Minister of Information and National Orientation, Mohammed Idris, has said there was nothing insensitive about the 2023 supplementary budget signed into law by President Bola… Read more »
Nigeria: Nigeria, Other SSA Countries' Economies to Rebound in 2024, but... - IMF
The International Monetary Fund (IMF) has projected a rebound in the economy of Nigeria and other countries in the Sub-Saharan African (SSA) region to 4.0 percent in 2024. Read more »
November 09, 2023
Nigeria: European Refiners Prefer Nigeria's Crude Oil Grades - NNPC
The Nigerian National Petroleum Company (NNPC) Limited said Nigeria's crude oil grades have become the most preferred choice for refiners in Europe. Read more »
Nigeria: Supplementary Budget Is Bold Response to Economic Challenges, Govt Replies Obi
The Minister of Information and National Orientation, Mohammed Idris, has said the 2023 supplementary budget signed into law by President Bola Ahmed Tinubu on Wednesday, November… Read more »
November 07, 2023
Nigeria: Group Urges NLC to Shelve Planned Strike
The Confederation of All Progressives Congress (APC) Support Groups Tuesday appealed to the Nigerian Labour Congress (NLC) to shelve its planned nationwide strike. Read more »
November 09, 2023
Nigeria: 2022 Budget - Over 100 Constituency Projects Abandoned in 22 States - Report
In a shocking revelation, a report by Civil Society Organisations, CSOs, has disclosed that more than 100 constituency projects in 22 states across the country have been left… Read more »
Nigeria: Exchange Rate - NECA, Experts Disagree On Govt's Target
Against the backdrop of indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganising the banking sector,… Read more »
Nigeria: Third Mainland Bridge Repairs to Gulp Over N21bn
THE Minister of Works, Senator David Umahi, yesterday, disclosed that the comprehensive repair works on the Third Mainland Bridge will gulp N21 billion. Read more »
November 08, 2023
Nigeria: President Signs Supplementary Budget into Law
President Bola Tinubu, on Wednesday, signed the N2.17 trillion 2023 Supplementary Budget, which was recently passed by the National Assembly. Read more »
November 07, 2023
Nigeria: We've Called for More Economic Cooperation Between China, Nigeria - Envoy
The Consul General of the Chinese Consulate General in Lagos, Ms. Yan Yuging has called for more and greater economic cooperation between Nigeria and China. Read more »
Nigeria: NNPCL Working With NEITI, Others to Reconcile 2021 Report
The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant… Read more »
November 06, 2023
Nigeria: Blue Economy to Generate 350 Million Jobs, Rakes $2.5trillion Trade
The leadership of the Nigerian Maritime Administration and Safety Agency, NIMASA, has revealed that Nigeria will benefit from the 350 million jobs opportunities and trade valued at… Read more »
Nigeria: We're Building Roads to Enhance Trade, Commerce in Abia - Otti
Gov. Alex Otti of Abia has expressed the state government determination to build roads that would enhance trade and commercial activities in the state. Read more »
Nigeria: Dangote Cement Posts 15.2% Increase in Pan-African Volumes
Dangote Cement has reported 15.2 percent increase in its pan-African volume in the nine months ended September 30, 2023, recording 8.5Mt, up from 7.4Mt in the corresponding period… Read more »
Nigeria: CBN Governor Cardoso Vows to Fight Inflation
·To focus on core mandate of price stability ·Inflation has had massive impact on lives of Nigerians--Sanusi Read more »
Nigeria: More Nigerians Sell Off Cars to Feed Family
Owning a car was among the many lists of achievements for a typical Nigerian. The celebration that hits the air when one is bought knows no bounds. Read more »
Nigeria: Forex Gains - Banks' Profits Balloon By 156% to N2.3 Trillion
Banks have recorded another round of extra-ordinary profits against the backdrop of foreign exchange revaluation gains arising from depreciation of the Naira. Read more »
November 04, 2023
Nigeria: Enugu - Why Mbah Went to Indonesia
Governor Mbah's investment trip to Jakarta, Indonesia is a step in the right direction and holds many economic promises for Enugu State, writes Uche Anichukwu Read more »
November 03, 2023
Nigeria: Poor Wages Fuelling Corruption - NLC
On the part of the Nigeria Labour Congress, its President, Joe Ajaero, said poor wages were a major factor fuelling corruption in Nigeria, stressing that it was the right and… Read more »
Nigeria: We've Enough Naira Notes - CBN
The Central Bank of Nigeria (CBN) said yesterday that it has enough Naira notes to meet the cash needs of the banking public. Read more »
Nigeria: Electricity - Policy Flip-Flop Threatens U.S.$155 Million Smart Metres Project
Inconsistent government policies, high annual turnover and cash flow requirements are currently threatening execution of the $155 million Phase 2 of Nigeria's National Mass… Read more »
Nigeria: CBN Begins Clearing Forex Forwards Backlog
Barely 10 days after, the Central Bank of Nigeria (CBN) may have begun to implement the promise of President Bola Tinubu to clear the estimated $7 billion outstanding foreign… Read more »
Nigeria: Ajaero in Critical Condition, May Be Flown Abroad - NLC
The Nigeria Labour Congress, NLC, yesterday said the health condition of its President, Joe Ajaero is very critical and may be flown abroad for full medical examination after he… Read more »