November 14, 2023
Nigeria: Assault On Ajaero - Despite Court Order, Labour Begins Indefinite Strike
Despite a court order restraining the organised labour from embarking on any form of strike, the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have… Read more »
November 13, 2023
Nigeria: Senate Scrutinises MDAs 2024-2026 Fiscal, Expenditure Framework
The Senate has said that a genuine and deliberate collaboration between the legislature and the executive arms of government could produce a robust fiscal policy that would… Read more »
November 12, 2023
Nigeria: Declare Close Relatives, Connections With Politically Exposed Persons, Central Bank Tells Staff
The Central Bank of Nigeria (CBN) has issued a directive requiring its staff to declare 'close relatives' employed by the bank and disclose any connections to Politically Exposed… Read more »
November 11, 2023
Nigeria: President Tinubu Woos Saudi Investors
President Bola Tinubu has assured potential investors that their investments are safe in Nigeria. Read more »
November 10, 2023
Nigeria: Nigeria, Saudi Arabia Sign MOU for Oil, Gas Sector Cooperation
The Federal Government of Nigeria and the Government of the Kingdom of Saudi Arabia has signed a Memorandum of Understanding (MoU) to establish a robust framework for collaboration… Read more »
Nigeria: Airlines, Others Count Losses As Labour Lock Down Imo, Abuja Airports
Passengers were forced to miss their flights yesterday morning and many airport workers were stranded as organised labour led by the Nigeria Labour Congress (NLC) and the Trade… Read more »
November 09, 2023
Nigeria: 2 Days to Governorship Poll... Labour Bans Flights to Imo, Blacklists Uzodimma
The feud between organised labour and Imo State Governor Hope Uzodinma has taken a turn for the worse as trade unions in the aviation sector yesterday directed the withdrawal of… Read more »
Nigeria: Concerns Over Incessant Boat Mishaps On Nation's Inland Waterways
Since the start of 2023, over 250 Nigerians have died in various boat mishaps across the nation's inland waterways. Read more »
November 08, 2023
Nigeria: Brain Drain - 51 Health Workers Quit Federal Medical Centre Abuja
Medical director of the Federal Medical Centre (FMC) Jabi, Abuja, Prof Sa'ad Ahmed, has said about 51 healthcare workers have resigned from the hospital since the beginning of… Read more »
November 06, 2023
Nigeria: Nigerian Firms Commend China Over Import Expo
Nigerian trading companies participating in the 6th Edition of the China International Import Expo (CIIE) have lauded the Chinese Government for opening up its 1.4 billion market… Read more »
Nigeria: Again, Tajbank Wins 'Islamic Bank of the Year' Award
TAJBank Limited, Nigeria's fastest-growing and most customer-friendly non-interest lender, has again won the BusinessDay newspaper's 2023 'Islamic Bank of the Year Award, beating… Read more »
Nigeria: Naira Regains Ground to 970/$ At Parallel Market
The naira has appreciated to N970 per dollar on the black market, as government's plans to shore-up dollar liquidity in the foreign exchange (FX) market, triggered positive… Read more »
Nigeria: Cardoso Hosts Sanusi Others, Restates CBN's Focus On Price Stability
The governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that, under his leadership, the bank will focus mainly on the core mandate of price… Read more »
Nigeria: 20 Bodies Recovered in Taraba Boat Mishap
No fewer than 20 bodies have been recovered from a boat accident in Taraba State. Read more »
November 03, 2023
Nigeria: CBN Begins Clearance of $10bn Forex Backlogs of Foreign Airlines, Others
The Central Bank of Nigeria (CBN), has started clearing over $10 billion foreign exchange backlogs of commercial banks and foreign airline operators. Read more »
Nigeria: $321m, N18.2bn Loans - Lawmakers Summon CBN, Electricity Distribution Companies, Others
The House of Representatives has summoned the Central Bank of Nigeria (CBN), 11 electricity distribution companies (DisCos) and contractors over $321 million and N18.2 billion… Read more »
November 02, 2023
Nigeria: Dangote Refinery Begins Operations December
The 650,000-barrel-per-day Dangote Refinery is expected to commence operations with up to six cargoes of crude oil to be supplied by the Nigerian National Petroleum Company Limited… Read more »
November 03, 2023
West Africa: Using West Africa Capital Market to Bridge Infrastructure Deficit in Region
Infrastructure investments in West Africa have not kept pace with growth in demand, creating a huge deficit. Read more »
November 02, 2023
Nigeria: We Have Sufficient Stock of Naira Notes - Central Bank
The Central Bank of Nigeria (CBN) has said that it has enough volume of banknotes to go around against backdrop of the approaching festive period, dismissing the allegations of… Read more »
Nigeria: Award 25% of Contracts to Small Businesses, SMEDAN Charges Govt
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Wednesday in Abuja appointed the federal government to award 25 per cent of its contracts to Small and… Read more »
November 01, 2023
Nigeria: New CBN Forex Policy Threatens N12trn Poultry Industry - Operators
The over N12 trillion, including 20 million jobs created in Nigeria's poultry industry, is facing collapse following the new forex policy and the lift in the ban on imported… Read more »
October 26, 2023
Nigeria: Nigerian Govt Forced Us Into Nigeria Air - Ethiopian Airlines
The Group Chief Executive Officer of Ethiopian Airlines, Mesfin Tasew, has accused the immediate past administration of ex-President Muhammadu Buhari of forcing the Nigeria Air… Read more »
October 27, 2023
Nigeria: AfDB, Partners Vote U.S.$1 Billion to Fund Nigeria's Agro-Industrial Zones in 24 States
It was yet another bountiful harvest for the President Bola Ahmed Tinubu administration in its investment drive, as the African Development Bank (AfDB), Islamic Development Bank… Read more »
October 30, 2023
Nigeria: Alternative Fuel - Federal Govt Fast-Tracks CNG Adoption
To fast-track the adoption of Compressed Natural Gas (CNG) in Nigeria, the federal government has inaugurated a Compressed Natural Gas (CNG) vehicles pilot conversion centre in… Read more »
Nigeria: Nigeria Loses Billions of Naira to 70 Lagos-Abidjan Checkpoints
Nigeria is losing hundreds of billions of Naira annually as a result of about 70 illegal checkpoints mounted on the Lagos-Abidjan and Atan-idiroko corridors by the Nigeria Police… Read more »