August 24, 2023
Nigeria: Dangote Emerges 'Most Valuable Brand' for 6th Time
For a record sixth time, Dangote Group has emerged Nigeria's Most Valuable Brand by securing an impressive aggregate score of 86.2 per cent on the brand strength measurement index… Read more »
Nigeria: Ratify AfCFTA Agreement for Economic Integration, Naccima Urges FG
The president of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Otunba Dele Oye, has charged the federal government on speedy… Read more »
Nigeria: Labour Threatens to Pull Out of National Housing Fund Contribution
The Nigeria Labour Congress (NLC) has threatened to pull out workers from the National Housing Fund (NHF) contributory scheme because of the non-remittance of deductions made by… Read more »
Nigeria: Many Feared Dead As Multi-Storey Building Collapses in Abuja
Yet-to-be determined number of people were feared dead and many others trapped in a multi-storey building, which collapsed amidst heavy downpour on Wednesday night in Abuja. Read more »
August 23, 2023
Africa: Google to Fast-Track Artificial Intelligence (AI) Adoption in Africa
Google has unveiled the 'Google for Startups Accelerator: AI First,' as the effort to fast-track the adoption of Artificial Intelligence (AI) in Africa continues. Read more »
Nigeria: Shell Discovers Another Oil Leak After Resumption of Forcados Export Facility
Nigeria's oil production is facing another major challenge following discovery of another oil leak in a facility operated by oil major Shell. Read more »
Nigeria: Nigeria Among Top 3 Countries With Highest Oil Discovery in 2023
Nigeria has been named among three top countries in terms of highest oil reserves discovered owing to 2023 investments. Read more »
Nigeria: Manufacturers Query Effect of Rising Public Debt On Production
The Manufacturers Association of Nigeria (MAN) has stated that the rising domestic debt is highly crowding out private investment in the manufacturing sector by reducing credit… Read more »
August 22, 2023
Nigeria: We Will Procure Electric Vehicles to Cover Fuel Subsidy Removal - Transportation Minister
The newly appointed Minister of Transportation, Senator Sa'idu Ahmed Alkali, has said that the ministry will look at procuring electric vehicles in order to tackle the effects of… Read more »
Nigeria: Federal Govt Promises to Lift 133 Million Nigerians Out of Poverty
New minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu has expressed the federal government's commitment to lift 133 million Nigerians out of poverty. Read more »
Nigeria: How Tinubu Can End Oil Theft in Niger Delta - Kachikwu
African Democratic Congress (ADC) presidential candidate in the 2023 elections, Dumebi Kachikwu, has stressed the need for effective measures to combat theft and vandalism of oil… Read more »
August 21, 2023
Nigeria: Fresh Oil Spill Occurs in Rivers Community
Fresh crude oil spill has occurred in Bodo City, a community in Gokana local government area of Rivers State, following a leakage from the Trans Niger Pipeline (TNP) operated by a… Read more »
Nigeria: Ex-Militant Leaders Fight Over N48bn Pipeline Contract Renewal
Another round of tension has gripped the oil industry in the Niger Delta over the renewal of the N48billion oil pipeline surveillance contract awarded to the former leader of the… Read more »
Nigeria: Analysts React As NNPCL Gets Presidential Approval for $3bn Loan
The $3 billion emergency crude repayment loan taken by the Nigerian National Petroleum Company Limited (NNPCL) from the African Export-Import (Afrexim) bank would create only a… Read more »
August 20, 2023
Nigeria: Kaduna, Google Partner to Train 5,000 Women
In a significant move towards promoting tech inclusivity, the Kaduna state government, in collaboration with Google, has announced a pioneering initiative to train 5,000 women and… Read more »
Nigeria: FCTA to Complete Abuja Rail Mass Transit in 12 Months
The multi-billion-naira Abuja Rail Mass Transit project which was abandoned for more than four years after being commissioned by President Muhammadu Buhari in 2018 may be completed… Read more »
August 19, 2023
Nigeria: Central Bank Issues New Guidelines for Bureau de Change Operators
The Central Bank of Nigeria has released fresh operational guidelines for Bureau de Change (BDC) operators in the country, fixing their allowable limits at the Nigeria Foreign… Read more »
Nigeria: Subsidy Removal - Makinde Approves Additional 16 Buses to Oyo, Saki, Ogbomoso, Others
Oyo State governor, Seyi Makinde has approved additional 16 new luxury buses to Saki, Iseyin, Ogbomoso, Oyo and Ibarapa areas of the state to cushion the effects of fuel subsidy… Read more »
Nigeria: Banks' Losses to Fraud Rise to N9.5 Billion
With over N9 billion lost to fraud in the banking system this year, the figure is projected to reach N20 billion by the end of this year even as operators in the financial system… Read more »
August 18, 2023
Nigeria: Seplat Intensifies Search for 3 Missing Crew in Capsized Rig
Seplat Energy said, there are still ongoing efforts to possibly rescue missing persons involved in a rig accident. Read more »
Nigeria: Oil Theft Triggered $10.7m Daily Loss From 2009 to 2020 - NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday said, Nigeria lost over 619.7 million barrels of crude oil valued at $46.16 billion or N16.25… Read more »
August 16, 2023
Nigeria: Federal Govt Battles Market Forces to Stabilise Petrol Pump Price
The federal government is battling to contain and stabilise the pump price of premium motor spirit (PMS) after the Read more »
August 15, 2023
Nigeria: Pfizer Rallies Stakeholders for Fight Against Illicit Drug Trade in Nigeria
The world's premier innovative biopharmaceutical company, Pfizer, has reiterated the need for industry players to join forces in creating awareness around the dangers of… Read more »
Nigeria: Shell Confirms Crude Export Resumption At Forcados
Exports of Nigeria's Forcados grade of crude oil resumed on Sunday, said Shell on Monday. Read more »
Nigeria: Niger Coup - NLC Advises Against Military Force
in the wake of the recent coup d'état in Niger Republic, the Nigeria Labour Congress (NLC) has strongly cautioned against the use of military force to restore democracy in… Read more »