August 25, 2023
Nigeria: 146 Die in Oyo Road Accidents in 6 Months - FRSC
The Federal Road Safety Corps (FRSC) in Oyo State said 146 persons died in various road traffic crashes in the state between January and June. Read more »
Nigeria: Nigeria Ranks 7th in Global Mobile Phone Usage - NCC
The Nigerian Communications Commission (NCC) says Nigeria has ranked as the 7th country in the global usage of mobile phones and 11th in terms of internet penetration. Read more »
Africa: Africa and the Opportunities of Brics
Nearly a decade and half, the BRICS platform has become a consequential and formidable multilateral international mechanism, shaping the emerging trend of inclusive global… Read more »
Africa: In a Tumultuous Week - Building Brics, Brick By Brick, By Owei Lakemfa
THIS week has been one of the most tumultuous with the plucking of Wagner chiefs from the sky, France's renewed bid to invade Niger and fires thrashing North America, to the… Read more »
August 24, 2023
Nigeria: FG's Removal of Fuel Subsidy Not Strategic, Eleniyan, Defense Strategist Says
...Says for economic prosperity, govts should stop anti-people policies, embezzlement Read more »
Nigeria: Two Fatally Injured, 37 Rescued As Abuja Plaza Collapses
A two-storey plaza located at Lagos street, Garki Village in the Garki District of the nation's capital, Abuja has collapsed. Read more »
August 23, 2023
Nigeria: FG Should Reorganise CBN, NNPCL for Improved Transparency - LCCI
Stakeholders in Nigeria's real sector have called for urgent reorganisation in the Central Bank of Nigeria (CBN) and NNPC Limited for improved transparency and accountability. Read more »
Nigeria: Tinubu As Oil Minister
Nigerians received with mixed feelings the apportioning of portfolios to President Bola Tinubu's cabinet nominees. Some of the appointments were well-received because of the track… Read more »
August 22, 2023
Nigeria: Leaking Crude Oil Manifold - Rivers Communities Yell Over Polluted Underground Water
Residents of Ibaa community and Uvuawhu clan, comprising Ibaa and Obelle in Emohua Local Government Area, Rivers State, have kicked up a fuss over contamination of their… Read more »
Nigeria: Labour to Govt - Workers, Nigerians Suffering
The Organised Labour, under the aegis of the National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Products Employees, NUCFRLANMPE, yesterday, urged the Federal… Read more »
August 21, 2023
Nigeria: Nigeria's Net Foreign Reserves Fell to $3.7bn At End of 2022 - JP Morgan
JP Morgan, an American multinational financial services firm, has estimated that Nigeria's net foreign exchange (FX) reserves fell to $3.7 billion as of the end 2022. Read more »
Nigeria: Average Daily Petrol Consumption Drops By 16.8% to 52m/Litre - NMDPRA
Petrol consumption in the country dropped by 16.8 percent in July, 2023 to 52 million litres daily compared to 64.96 million litres recorded in June, data from the Nigerian… Read more »
Nigeria: Nigeria's Debt Profile Up 410% in 8 Years - MAN
The Manufacturers Association of Nigeria (MAN) has said that the manufacturing sector has been at the receiving end of Nigeria's debt crisis which has seen the nation's debt… Read more »
Nigeria: Energy Crisis - Cost of Solar Systems Rises 120 Percent to N550,000 As Forex, Inflation Worsen
The average cost of installing solar systems in the country has risen by 120 per cent to N550,000 in 2023, from N250,000 in 2022, due mainly to inflation and the depreciating value… Read more »
August 19, 2023
Nigeria: Lagos Pensioners, Aged Retirees Vow to Protest Ill-Treatment By Govt
Members of the Nigerian Union of Pensioners, NUP, Lagos Chapter, have vowed to take to the streets of Lagos in protest against the ill-treatment as well as unpaid pensions, poor… Read more »
August 18, 2023
Nigeria: Subsidy Removal - No Instant Solutions to Nigeria's Problems -Tinubu
·Launches Clark's book Brutally Frank ·Says he's iroko of South-South, eagle of Nigeria·Gowon, Jonathan, governors, others honour Clark·Clark was my… Read more »
Nigeria: Directors of 183 Failed MFBs, PMBs to Be Investigated - NDIC
The Nigeria Deposit Insurance Corporation, NDIC, has hinted that directors of the recently closed 183 microfinance banks, MfBs, and Primary Mortgage Banks, PMBs, will soon be… Read more »
Nigeria: Subsidy Removal - Govt Shocked Over High Food, Transportation Costs
The National Economic Council, NEC, yesterday expressed shock over the high cost of food and transportation in the country. Read more »
August 17, 2023
Nigeria: I Received N50,000 to Secure Vessel Used for Storing Stolen Crude Oil - Suspect
Men of the Operation Delta Safe, OPDS, have arrested three suspected crude oil thieves and seized a vessel and two tankers used in carrying out the illegal activities in Rivers… Read more »
August 16, 2023
Nigeria: Nigeria's Eurobonds Drop As Govt Freezes Petrol Price Hike
Nigeria's eurobonds fell on Wednesday, after the government said petrol prices will not be increased, and blamed foreign exchange shortages on "gross mismanagement" at the Central… Read more »
Nigeria: Harsh Economy - Buhari Spent 96% of National Income On Debt - Oshiomhole
Former National Chairman of the All Progressives Congress, APC, Senator Adams Oshiomhole, yesterday, revealed that President Bola Tinubu's administration inherited an economy in… Read more »
Nigeria: 2024 Budget Should Represent Aspiration of Nigerians - NGO
USAID Nigeria State2State Activity, yesterday stressed that consultations before the formulation of any budget was designed to guarantee conflict management and peace building,… Read more »
Nigeria: Nigeria Resumes Oil Export At Forcados Terminal
Nigeria has resumed the export of about 220,000 barrels of crude oil per day at the Forcados terminal Read more »
August 15, 2023
Nigeria: N30,000 Wages - Aviation Security, Logistics Employees Down Tools Nationwide
Security situation across airports in the country might be under threat in the coming days. Read more »
Nigeria: Nigeria Requires $20bn Annually for Gas Expansion Projects - NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria requires $20 billion annually to achieve the desired gas expansion plan to bridge the country's gas… Read more »