July 20, 2023
Nigeria: Govt's Planned Digital Transfer of U.S.$10 to 12 Million Low-Income Nigerians
GOING by media reports, the Federal Government of Nigeria has concluded plans to make a digital transfer of N8000 to over 12 million low-income earners in Nigeria to help cushion… Read more »
Nigeria: Hike in Fuel Price - Ondo Workers Demand Salary Arrears, Palliatives
THE Organised Labour, comprising Nigeria Labour Congress, NLC; Trade Union Congress, TUC, and the Joint Negotiating Council, JNC, in Ondo State, yesterday, described the increase… Read more »
July 13, 2023
Nigeria: Tinubu Writes Senate, Seeks Additional U.S.$800 Million Loan From World Bank
...As Senate begins Screening of Service Chiefs at the Hallowed Chamber Read more »
Nigeria: Fuel Subsidy Removal - Tinubu Writes Senate, Seeks Approval of N500 Billion For Palliatives
PRESIDENT Bola Tinubu has written the Senate, seeking for the approval of N500 billion to cushion the effects of fuel subsidy removal. Read more »
Nigeria: Nigeria, E/Guinea Consider New Oil, Gas Opportunities
THE Governments of Nigeria and the Republic of Equatorial Guinea, yesterday, considered the establishment of a joint logistics base, deployment of indigenous capacities across… Read more »
July 17, 2023
Nigeria: How Bad Economy Now Creates Outrageous Marriage Lists
....As parents exploit daughters' suitors to the extreme Read more »
Nigeria: Odds Against N500 Billion Palliatives By Govt
The removal of fuel subsidy by President Bola Ahmed Tinubu on the first day of assumption of office was ill-timed, out-rightly ill-advised and uncalled for. The president with his… Read more »
Nigeria: Palliative - No to 'Cash Transfer'
Nigerians are delighted that President Bola Tinubu is set to roll out some relief measures to cushion the biting effects of the implementation of petrol subsidy removal. But we are… Read more »
Africa: Second Russia-African Summit - Expectations, Impact On Nigerian Economy
The first Russia - Africa Summit, which took place in October 2019 in Sochi, Russia, hosted over 40 African presidents with the attendance of the then Nigerian President, Muhammadu… Read more »
Nigeria: Tinubu - Food Is the First Palliative - or Else...
"Love and business and family and religion and art and patriotism are nothing but shadows of words when a man is starving." O Henry, 1862-1910. "Let them eat cake." Queen Marie… Read more »
Nigeria: Would Nigeria Take IMF Loan to Cushion Petrol and Naira Subsidy Removal?
As I was in the process of releasing this piece into the mass media,the news broke that President Tinubu has on Wednesday 12 July ,put forward a request to the House of… Read more »
July 15, 2023
Nigeria: Air Force Trainer Aircraft Crashes in Makurdi
The Nigeria Air Force has confirmed the crash of its trainer aircraft in Makurdi the Benue state capital. Read more »
Nigeria: President Tinubu to Attend AU Meeting in Kenya Today
President Bola Tinubu is expected to travel to Nairobi, Kenya on Saturday July 15, to participate in the Fifth Mid-Year Coordination Meeting (5thMYCM) of the African Union (AU),… Read more »
July 13, 2023
Nigeria: Subsidy - Give Non-Cash Palliatives to Nigerians, Economist Urges Tinubu
An economist, Prof Uche Uwaleke, has advised President Bola Tinubu to consider non-cash palliatives instead of cash to ameliorate the effects of subsidy removal faced by Nigerians. Read more »
Nigeria: NCAA Suspends Operation of B737 Aircraft in Max Air Fleet
The Nigeria Civil Aviation Authority (NCAA) has suspended the operations of all Boeing 737 aircraft in Max Air fleet. Read more »
Nigeria: Nigeria to Attract $20bn FDIs Despite Discrimination Against Oil Investment
THE Group General Manager, GGM, Nigerian Upstream Investment Services, NUIS, an arm of the NNPC Limited, Bala Wunti, yesterday, disclosed that Nigeria expects to attract additional… Read more »
Nigeria: Lagos-Ibadan Expressway - Unending Gridlock Lingers, Completion Date Unknown
COMMUTERS, motorists and residents, who ply the ever-busy the Lagos-Ibadan expressway, are experiencing nightmare, after the Eid-el-kabir celebration (Sallah holidays) as the… Read more »
Nigeria: Reps Probe Alleged $4bn Crude Oil Theft
The House of Representatives yesterday resolved to investigate crude oil theft to the tune of $4 billion, with a view to curbing economic loss to the country and ensuring that… Read more »
Nigeria: CBN Directs Banks to Pay Diaspora Remittances to Beneficiaries in Naira
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries. Read more »
Nigeria: Nigeria, Others Earn $873.6bn From Oil Export in 2022
Nigeria and other member countries of the Organization of Petroleum Exporting Countries, OPEC, earned $873.6 billion from oil export in 2022. Read more »
July 12, 2023
Nigeria: Reps Asks Govt to Lift Ban On Fuel Sale At International Borders
·Not all land borders are opened -- Acting Customs CG·Affirms seizures of smuggled fuel Read more »
July 11, 2023
Nigeria: NNPC No Longer Write Rules for Petroleum Industry, Says Kyari
The Group CEO, of NNPC Limited, Mr Mele Kyari yesterday insisted that the company no longer write rules regulating the oil and gas industry in Nigeria, as it has become a… Read more »
Nigeria: 28 States Fail to Attract Foreign Investment Amid 6.78 Percent Capital Importation Growth - Report
No fewer than 28 states have failed to attract foreign investments as the value of capital importation into Nigeria grew by 6.78 percent in the first quarter of 2023. Read more »
July 10, 2023
Nigeria: Japa Syndrome Dealing Deadly Blow to Retaining Talents in Nigeria, Reeltech CEO Cries Out
As the Nigerian technology landscape gets consistently advanced, industry professionals have cried out to government to put measure in place to halt the export of talents otherwise… Read more »
Nigeria: Why More Nigerians Prefer Self-Employment
The number of small businesses in the formal and informal sectors of the Nigerian economy continues to increase due to the vital role that small businesses play as a driving force… Read more »