June 30, 2023
Africa: Aliko Dangote Retains Richest Man In Africa Status
Aliko Dangote, president of Dangote Group remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Read more »
June 28, 2023
Nigeria: Kano, Adamawa, Kogi, 5 Others Score High in Budget Transparency - Report
Kano, Adamawa, Kogi and Jigawa states have been scored high for transparency and accountability in the budget and procurement process in 2022. Read more »
June 24, 2023
Nigeria: Tinubu Applauds AfDB's $520m Investment in Agro Industries
President Bola Ahmed Tinubu has welcomed an investment of $520million in specialised agro-processing zones by the African Development Bank (AfDB), praising the leader of the… Read more »
June 26, 2023
Nigeria: Naira - Importers Groan As Customs Raise Exchange Rate to N589.45/$1
From today, June 26, 2023, importers will pay more import duty for the clearance of their cargoes at the nation's seaports as the Central Bank of Nigeria (CBN) has increased the… Read more »
Nigeria: Labour Fears Job Losses As Discos Raise Electricity Tariffs
Many manufacturing firms, especially Small and Medium Enterprises (SMEs), may be forced to shut down or relocate from Nigeria due to the prevailing harsh business environment as… Read more »
June 23, 2023
Nigeria: APCON Highlights How to Strengthen Nigeria's Marketing Economy
The director-general of the Advertising Practitioners Council of Nigeria (APCON), Dr Olalekan Fadolapo has disclosed various strategies needed in strengthening Nigeria's marketing… Read more »
Nigeria: Paris Summit - Tinubu, World Leaders Plan Onslaught Against Poverty, Debt
President Bola Ahmed Tinubu yesterday in Paris, France, joined world leaders in reaching a consensus to redesign the global financial architecture in a way that will favour poverty… Read more »
June 22, 2023
Nigeria: In Paris, Tinubu Woos Investors, Says Nigeria Ready for Business
President Bola Ahmed Tinubu Thursday in Paris, France said ongoing reforms, starting with removal of fuel subsidy and streamlining of exchange rate, will be sustained for a more… Read more »
June 23, 2023
Nigeria: NLC Rejects Planned Electricity Tariff Hike
The organised labour yesterday kicked against the plan by the federal government to increase electricity tariff describing it as callous and insensitive to the well-being of… Read more »
June 22, 2023
Nigeria: Planned Electricity Tariff Hike Insensitive to Plight of Nigerians - NLC
The organised Labour, on Thursday, kicked against the proposed plan by the federal government to increase electricity tariff while describing it as callous and insensitive to the… Read more »
Nigeria: Tinubu Joins World Leaders in France to Tackle Poverty, Debt Burden
President Bola Ahmed Tinubu Thursday in Paris-France joined world leaders on the consensus for redesigning the global financial architecture, which will favour poverty reduction,… Read more »
Nigeria: Increasing Electricity Tariff Now Not in Nigerians' Interest - Expert
Energy expert and professor of Energy and Electricity Law at the University of Lagos, Yemi Oke has appealed to the Nigerian Electricity Regulatory Commission (NERC) not to approve… Read more »
Nigeria: Governors, Royal Fathers Also Involved in Oil Theft, Says APC Chieftain
All Progressives Congress (APC) chieftain and national chairman of Tinubu Support Network (TSN) Engr. Kailani Muhammad, yesterday said besides the military, traditional rulers and… Read more »
June 21, 2023
Nigeria: Subsidy Removal - Uber, Bolt Drivers Suspend Planned Strike
The Amalgamated Union of App-Based Transport Workers of Nigeria (AUATWON), has suspended its planned strike to dialogue with the government. Read more »
Nigeria: $60bn Afreximbank Asset Base - More Funding for Nigeria, Others
Funding for projects in Nigeria and other African countries is expected to increase as the African Export-Import Bank (Afreximbank) plans to double its total assets to $60 billion… Read more »
June 20, 2023
Nigeria: Tinubu's Reforms Will Unlock New Foreign Investors Prospects for Nigeria - U.S. Energy Secretary
Sweeping economic reforms undertaken by President Bola Tinubu have garnered positive reactions from the United States of America, (USA) which is now seeking to strengthen its ties… Read more »
Nigeria: Nigeria Air - Way Forward As ICRC Insists Due Process Was Followed
T he former minister of Aviation, Hadi Sirika, towards the end of his administration as minister, unveiled one of the Ethiopian Airlines registered aircraft, Boeing B737-800,… Read more »
June 19, 2023
Nigeria: Subsidy Removal - Federal Govt, Labour Fix 2 Months to Implement Resolutions
The federal government and the organised labour have agreed to sort out issues on the implementation of the resolutions reached on fuel subsidy removal within the next eight weeks. Read more »
Nigeria: Subsidy Removal - Federal Govt, Labour to Sort Out Implementation of Palliatives in 2 Months
The federal government and the organised Labour have agreed to sort out issues of implementation of the resolutions reached on fuel subsidy removal interventions within the next… Read more »
South Africa: Johann Rupert Overtakes Dangote As Africa's Richest Man
73-year-old South African businessman Johann Rupert has displaced Nigeria's foremost billionaire, Aliko Dangote as the richest man on the continent. Read more »
Nigeria: Shippers Council Rues Detention of Cargo Laden Containers By Police
The executive secretary of Nigerian Shippers Council (NSC), Hon Emmanuel Jime, has frowned at unnecessary detention of already cleared containers at the nation's seaports by the… Read more »
Nigeria: Apapa Port Makes History, Berths Largest Container Vessel
The Nigerian Ports Authority (NPA) has recorded another milestone as it received the largest container vessel to visit the Lagos Port Complex (LPC), Apapa. Read more »
Nigeria: Domiciliary Account - CBN Lifts Restriction On Deposit, Withdrawal
The Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will not be restricted, and customers "shall have unfettered and unrestricted access to funds in… Read more »
June 18, 2023
Nigeria: Central Bank Lifts Restriction On $10k Deposit On Domiciliary Account
The Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will no longer be restricted, and customers "shall have unfettered and unrestricted access to… Read more »
June 17, 2023
Africa: Globalising African Voices On Illicit Financial Flows, Asset Recovery
It's a known fact that African economies have in the last two decades, lost between trillions of dollars to illicit financial flows that's nearly equal to the entire continent's… Read more »