November 02, 2023
Nigeria: Insurance - Weakening Purchasing Power Affects Individual Life Policies
At the backdrop of significant declines in the purchasing power of most Nigerians, the insurance sector is recording higher preference for group life policies with declining… Read more »
Nigeria: Salary Increases - Govt Dashes Workers' Hopes
The are indications that the Federal Government's promise to pay additional N35,000 wage to its workers for six months may have run into a hitch due to lack of cash. Read more »
Nigeria: AfCFTA - West, Central African Port Leaders Summit'll Boost Trade Facilitation - Koko
Managing Director of Nigerian Ports Authority, NPA, Mohammed Bello Koko, has said that the Port Management Association of West & Central Africa, PMAWCA, Annual Council and 18th… Read more »
Nigeria: Foreign Debt to Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans
Nigeria's foreign debt is expected to rise further to about $51 billion, following President Bola Tinubu's request to the Senate, seeking approval to borrow additional $7.8 billion… Read more »
November 01, 2023
Nigeria: NiMet Cautions Airline Operators, Others Over Impending Dust Haze, Deterioration Visibility
The Nigerian Meteorological Agency (NiMet) has raised concerns over an impending dust haze that is expected to deteriorate visibility across the country in the coming days. Read more »
November 02, 2023
Nigeria: Supplementary Budget - Govt Earmarks N17.7bn for Presidential Yacht, Air Fleet
President Bola Tinubu has presented a N2.176 trillion 2023 supplementary budget proposal to the House of Representatives on Tuesday. Read more »
November 01, 2023
Nigeria: Uproar As Nigerian Stock Market Hits All-Time High, Crosses 70,000 Mark
The Nigerian stock market has sent shockwaves through the financial community, as the Nigerian Exchange Limited, NGX All-Share Index surged to an all-time high and shattered the… Read more »
Nigeria: World Bank Commits Over $11 Billion in Three Years in Nigeria - Country Director
The World Bank Country Director for Nigeria, Shubham Chaudhuri, on Wednesday, said the bank has committed over $11 billion in the past three years for government at both the… Read more »
Nigeria: 69 Still Missing, 21 Dead Bodies Recovered After Taraba Boat Mishap - NEMA
Sixty-Nine persons are still not accounted for after an ill-fated boat conveying over 100 persons across the stretch of River Benue in Karim Lamido local government area of Taraba… Read more »
October 28, 2023
Africa: Italy Eyeing Africa for Energy Security
Italy's government is eyeing Africa in pursuit of energy security, even as some officials defend Rome's often-bloody colonial past on the continent -- giving short shrift to… Read more »
October 30, 2023
Nigeria: Akpabio Expresses Hope of Nigeria Meeting Opec Crude Oil Quota Soon
The president of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries (OPEC) quota of 1.8… Read more »
Nigeria: Naira Depreciation 'Ll Affect Volume of Imports - Stakeholders
A group of freight forwarders known as Patriots Anti-Corruption Initiative, T-PACI, has indicated that current pressures on foreign exchange supply and the consequent sharp… Read more »
Nigeria: Tinubu to German Chancellor - We're Ready to Change Weak Economy Narratives
President Bola Tinubu yesterday said his administration was determined to change the narrative about a weak and crawling economy by bringing about transformation in governance. Read more »
Nigeria: Govt Commits to Scaling Up Nigeria's Global Port Rating
The federal government, FG, through the Ministry of Marine and Blue Economy has expressed its commitment to scaling up Nigeria's port rating in the global maritime space. Read more »
Nigeria: P&ID - War Against Corruption Far From Over - Buhari
Immediate past President, Muhammadu Buhari, said yesterday that the country has won the battle against corruption in the case with Process and Industrial Development, P&ID, but… Read more »
Nigeria: Biting Economy - More Artisans Pour Into PoS Business
ARTISANS are the latest scarce commodity in town. Read more »
Nigeria: NLC, TUC, NECA to Govt - Halt Fall in Naira Value
The Nigeria Labour Congress, NLC, Trade Union Congress of Nigeria, TUC, and the Nigeria Employers' Consultative Association, NECA, yesterday raised the alarm over the continued… Read more »
October 28, 2023
Nigeria: Nigeria in Ipu Will Create Job Opportunities - Akpabio, Kalu
President of the Senate, Senator Godswill Akpabio and the Deputy Speaker of the House of Representatives, Hon. Benjamin Okezie Kalu, Saturday, said that an unusual deft move by the… Read more »
October 29, 2023
Nigeria: You Can't Stop Youths From Leaving Nigeria - Oluwo
The Paramount Ruler of Iwoland, Oba Abdulrosheed Adewale Akanbi, has said Nigerian youths who want to leave the country for developed nations cannot be restrained by the… Read more »
October 28, 2023
Nigeria: 8-Year-Old Nigerian, Tuyva Benibo, Wins Global Coding Contest
As young Nigerians continue to make the country proud on the international stage, an 8-year-old boy named Tuyva Benibo has achieved an outstanding feat by emerging as the winner of… Read more »
Nigeria: AfDB, Partners Inject U.S.$1 Billion to Fund Nigeria's Special Agro-Industrial Processing Zones
African Development Bank (AfDB), Islamic Development Bank (IDB) and the International Fund for Agricultural Development have voted $1billion to deliver special agro-industrial… Read more »
October 26, 2023
Nigeria: NURTW - NLC Slams Labour Minister Over Alleged Breach of Constitution
Following perceived partisanship in the handling of the leadership crisis in the National Union of Road Transport Workers, NURTW, Nigeria Labour Congress, NLC, has declared war… Read more »
Nigeria: Domestic Capital Market, Not Foreign Borrowing Can Fix Infrastructure Gap in Nigeria - - VP Shetima
Sanwo-Olu hails capital market collaboration with Lagos Read more »
Nigeria: Inflation Is the Worst Economic Evil, Yet Tinubu Fuels It!
The first test of any government is its ability to manage the economy. For without a strong economy, a government can't improve people's lives; it can't generate jobs, reduce… Read more »
October 24, 2023
Nigeria: Nigeria Tops Africa's $5m Tech Investments With 20% - Minister
The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, says Nigeria now leads other African nations as the destination for tech startups. Read more »