December 11, 2022
Nigeria: Ibom Air Eyes 10 Additional Aircraft
Nigeria's regional airline, Ibom Air, has concluded plans to acquire 10 additional Airbus A220-300 aircraft before the end of the year 2023. Read more »
December 09, 2022
Nigeria: Govt Develops Renewable Energy Policy to Add 30,000MW of Electricity
The Federal Government said it had developed a National Renewable Energy and Energy Efficiency Policy with accompanying Vision 30:30:30 to add 30,000MW of electricity by the year… Read more »
Nigeria: AfCFTA - Nigeria Targets $12bn Rise in Trade Volume From 2023-2027
Nigeria trade volume is projected to rise to $12 billion between 2023 and 2027 with the implementation of the The African Continental Free Trade Area (AfCFTA). Read more »
Nigeria: Govt Must Review Power Generation, Distribution Law - Lagos Govt
Lagos State Government has called for the urgent review of Nigeria's power generation and distribution law under the purview of the Federal Government, given the huge amount spent… Read more »
December 08, 2022
Nigeria: Fuel Scarcity - DSS Gives Dealers 48 Hours to Stop Scarcity or Face Govt's Wrath
Angered by the lingering petrol scarcity in the country, the Department of State Services has ordered all the entities in Nigeria involved in the distribution process to make… Read more »
Nigeria: Labour Party Promises to Give Nigerians N80,000 Minimum Wage
The Labour Party has promised to implement a minimum wage of N80,000-N100,000 if its presidential candidate, Peter Obi wins next year's presidential election. Read more »
Nigeria: Under Investment, Others Threaten Govt's Gas Expansion Target - Kyari
***Says, NNPC to deepen strategy with NCDMB, Investors on gas supply enhancement Read more »
Nigeria: Why Food Prices Remain High - Lai Mohammed
The Minister of Information, Alhaji Lai Mohammed has insisted that Nigeria has produced enough food to feed the citizens through the policies and programmes of the Buhari… Read more »
Nigeria: We've Used Technology to Make Mismanagement Impossible - PTAD
THE Executive Secretary of Pension Transitional Arrangement Directorate, PTAD, Dr Chioma Ejikeme says the adoption of technology in the payment of pensions has made it near… Read more »
December 07, 2022
Nigeria: Nigeria Needs $10bn Yearly for Energy Transition Plan - Osinbajo
The Office of Vice President Yemi Osinbajo, yesterday, said there exists a financing gap of about $10billionn every year in Nigeria's quest to achieve the targets in its Energy… Read more »
Nigeria: Technology to Stop Crude Oil Theft, Bunkering Coming Soon - Buhari
President Muhammadu Buhari yesterday said the nation is making progress on inventions in the last seven and half years with the repositioning of the National Agency for Science and… Read more »
Nigeria: Nigeria Spent $9.6bn to Service Foreign Debts in 12 Years - World Bank
The World Bank, yesterday, said that Nigeria spent $9.6 billion to service foreign debts in 12 years, from 2010 to 2021, adding that the nation's debt stock is not reflected in the… Read more »
December 06, 2022
Nigeria: Petrol Scarcity - Marketers Defy Govt, Hike Pump Price to N280/Litre
Three days after the Federal Government denied that it planned to hike the pump price of petrol, independent marketers have raised their price to N280 per litre. Read more »
Africa: Nigeria, Algeria, Egypt to Drive Africa's LNG Export - Report
NIGERIA, Algeria and Egypt, have been tipped to drive Africa's Liquefied Natural Gas, LNG, export in the short term. Read more »
Nigeria: Weak Export Drags Down Nigeria's Trade Balance By 86%
Nigeria has recorded a negative trade balance quarter-on-quarter, QoQ, as export declined by 19.8 percent to N5.93 trillion in the third quarter of 2022, Q3'22, from N7.4 trillion… Read more »
December 05, 2022
Nigeria: Abuja-Kaduna Train Resumes Operations With Low Subscribers
... As tight security, increase in fares greet passengers Read more »
December 04, 2022
Nigeria: Nigeria Loses U.S.$595 Million to Gas Flare in 10 Months
Despite Nigeria's dwindling revenue occasioned by massive oil theft, the country has continued to also suffer loss from its gas resources, as companies operating in the country's… Read more »
Nigeria: Stakeholders Express Concern Over Ease of Doing Business in Nigeria
Stakeholders in the Nigeria's oil and gas sector, have expressed concern over fresh threats to ease of doing business and the Foreign Direct Investment (FDI) in Nigeria following… Read more »
December 05, 2022
Nigeria: How We Spent 13% Oil Derivation in Ondo - Akeredolu
Governor Rotimi Akeredolu of Ondo State, yesterday, stated that the 13 per cent oil derivation, subsidy and SURE-P refunds from the Federal Government were expended on capital… Read more »
Nigeria: NDPHC - Vandals Destroy 6 Transmission Towers, Kill One in Rivers
Niger Delta Power Holding Company, NDPHC, Limited said yesterday that vandals have destroyed six electricity transmission towers connecting Afam to Onne in Rivers State, leaving… Read more »
December 02, 2022
Nigeria: Nigeria Needs Political Will, Public Support to Tackle Energy Needs - IAEA
The International Atomic Energy Agency, IAEA, has advised Nigeria and other African countries hoping to add nuclear energy into their energy mix to garner enough political will and… Read more »
Nigeria: Currency Redesign - Speculators Mop Up Food Items From Sokoto Border Market
Fear of the unknown now rules traders and buyers in many parts of the country following the decision of the Federal Government to redesign the Naira, take more control of the… Read more »
Nigeria: Nigeria Needs Political Will, Public Support to Tackle Energy Needs, Says Atomic Energy Agency
The International Atomic Energy Agency, IAEA, has advised Nigeria and other African countries hoping to add nuclear energy into their energy mix to garner enough political will and… Read more »
Nigeria: Concerns Mount Over Airfare On Lagos-London Route
Passengers travelling from Lagos to London in the coming days might be forced to travel through Abuja to their destination. Read more »
November 30, 2022
Nigeria: Dana Air Increases Owerri Route Frequency, Resumes Abuja to Owerri, Enugu Flights
Dana Air has announced the resumption of its Abuja to Owerri, Enugu service from December 9, 2022. Read more »