March 28, 2023
Nigeria: ILO to Release New Data On Nigeria's Child, Forced Labour
22 years after the last official national data on child labour in Nigeria, the International Labour Organisation (ILO) is set to release data on its already concluded survey on… Read more »
March 27, 2023
Nigeria: Again, Gombe State Best In Ease of Doing Business
The Presidential Enabling Business Environment Council (PEBEC) has released the second edition of the Subnational Ease of Doing Business Report for 2023 with Gombe State leading… Read more »
Nigeria: Headwinds From Trapped Funds, Litigation May Hinder Nigeria Air's Takeoff
The plan by the federal government to commence the operation of Nigeria Air before the end of the President Muhammadu Buhari's administration has received condemnations from… Read more »
March 23, 2023
Nigeria: Fight Against Hard Drugs - Terminal Operators Assure NDLEA of Support
The chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, has assured the National Drug Law Enforcement Agency (NDLEA), of the association's… Read more »
March 21, 2023
Nigeria: Despite Weaker Naira, Nigeria's Foreign Trade Surplus Rises By 162%
Nigeria recorded significant improvement in foreign trade in 2022 with export earnings outweighing import bills by N1.2 trillion, resulting in foreign trade surplus of 162 per… Read more »
Nigeria: Renowned Oil Trader, Jean-Marc Cordier Joins NNPCL
The Nigerian National Petroleum Company Limited, (NNPCL) has announced the appointment of former Vice President of Abu Dhabi National Oil Company, ADNOC, Jean-Marc Cordier as Head… Read more »
March 17, 2023
Nigeria: Naira, Fuel Scarcity, Insecurity, Inflation Push 24m Nigerians Into Hunger - FAO
Protracted insecurity, fuel scarcity, naira redesign policy and consistent high price of food commodities have been identified as key drivers that are pushing over 24 million… Read more »
March 15, 2023
Nigeria: Federal Govt Assures IATA of Repatriation As Foreign Airlines' Trapped Funds Hit $743m
Trapped funds of foreign airlines operating in Nigeria have risen to $743.7million from $662m in January, 2023. Read more »
Nigeria: Monitoring Nigeria's Cyberspace Before, During and After the 2023 Presidential Elections
The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), FCIIS, FBCS, FNCS, wishes to bring to the attention of the public, the… Read more »
Nigeria: Cash Crunch - Nigerian Breweries Sales Drop to Lowest in 15 Years
Nigerian Breweries Plc has revealed that its business has been heavily impacted by the cash crunch in the country. Read more »
Nigeria: Naira Redesign - You Can't Absolve Yourself of Blame, CSOs Tell President Muhammadu Buhari
Civil Society Organisations (CSOs) in Nigeria have told President Muhammadu Buhari that he cannot exonerate himself from the current naira crisis and the suffering it has brought… Read more »
Nigeria: Bank e-Payment Glitches Continue Despite Soaring Transaction Volumes
Although, the volume of e-payment transactions increased significantly in February 2023, rising by 121 per cent year-on-year, electronic payment glitches have continued unabated,… Read more »
March 14, 2023
Nigeria: Naira Scarcity - Collect Old Notes or Be Shut Down, Sanwo-Olu Tells Banks
As Lagos residents groan under the biting effects of cash crunch, the state Governor, Mr. Babajide Sanwo-Olu, has directed the banks in the state to comply with the Supreme Court… Read more »
Nigeria: As Scarcity of Naira Bites Harder - Buhari Disowns Emefiele, Malami Over Defiance of Supreme Court
President Muhammadu Buhari has explained that he never instructed the attorney general of the federation and the Central Bank of Nigeria (CBN) governor to disobey any court orders… Read more »
Nigeria: Lagos Runways Repair - Airlines May Incur Additional Costs, Flight Delays
Foreign airlines operating in the nation's airports will incur additional costs while passengers would experience flight delays as the Federal Airports Authority of Nigeria (FAAN)… Read more »
March 13, 2023
Nigeria: Beware of False Start to Rainy Season, Meteorological Agency Warns Farmers
Nigerian Meteorological Agency (NiMet), has warned farmers to beware of false rainfall onset as the raining season commences. Read more »
Nigeria: U.S. Bank Collapse May Affect Financial Inflows, Jobs in Nigeria
About $1.2 billion funding for Nigerian technology startups may be threatened and job losses are imminent as the ripple effects of the collapse of Silicon Valley Bank (SVB), the… Read more »
March 12, 2023
Nigeria: NASENI to Unveil Locally Produced Military Weapons
The National Agency for Science and Engineering Infrastructure (NASENI) will soon unveil its Made-in-Nigeria military weapons and equipment even as the Nigerian Army has lent its… Read more »
March 11, 2023
Nigeria: Federal Govt Okays 'Omeife' Humanoid Robot to Deepen Digital Literacy
The federal government has given approval for the use of Omeife humanoid robot to advance digital literacy in the country. Read more »
March 10, 2023
Nigeria: Rejection of Old Naira Notes, Breach of Law, Akeredolu Tells Residents
Ondo State Governor Oluwarotimi Akeredolu has decried the rejection of old naira notes by a large section of traders and business owners in the state. Read more »
Nigeria: Why We Need to Reposition Nigeria's Maritime Industry
The spoils system whereby the political party in power doles out top government jobs only to friends and relatives has not only sullied, but also significantly stunted the growth… Read more »
Africa: EU Announces New Rules for Air Import Shipments
The European Union has kicked off the second phase of its Import Control System 2 (ICS2). Read more »
Nigeria: Shelf Drilling Secures $118m Offshore Nigeria
Oslo-listed jack-up drilling rig leasing firm, Shelf Drilling, has secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig. Read more »
March 09, 2023
Nigeria: Nigeria's Roads Account for 21.4 Deaths Per 100,000 Population - Greenlight Initiative
GreenLight Initiative has disclosed that Nigerian roads are estimated to account for 21.4 deaths per 100,000 population. Read more »
Nigeria: CBN's Silence - Motorists, SMEs, Stores Reject Old Naira Notes
Several traders, motorists, Small and Medium Enterprise(SME) vendors and micro-sector operators are yet to come to terms with accepting the old N500 and N1000 notes despite the… Read more »