September 05, 2022
Nigeria: Federal Govt Suspends Excise Duty On Telecom Services
The Federal Government has announced an immediate suspension of the 5% excise duty that was planned to be imposed on telecommunications services in 2022. Read more »
September 04, 2022
Nigeria: Debt-for-Climate Swap Deal Will Reduce Nigeria's Debt Burden, Says Osinbajo
If and when Nigeria's idea for a Debt-For-Climate Swap deal, tabled last week in the United States at different fora and events including at the White House by Vice President Yemi… Read more »
Nigeria: Osinbajo's Debt-for-Climate Novel Idea
In faraway Washington, DC over the weekend, Vice President Yemi Osinbajo propounded new ideas on how best to bring developing nations to contribute adequately to the course of… Read more »
September 03, 2022
Nigeria: Osinbajo Advocates Debt-for-Climate Swap Deal
In a call that can at once significantly advance the course of global net-zero emissions targets, facilitate energy access and the development of African countries, Vice President… Read more »
September 02, 2022
Nigeria: Labour Party Positioned to Usher in a New Nigeria - Amadichi
As the 2023 general elections, gradually approaches,the Chairman Diaspora committee of the Labour Party Hon Chibuike Amadichi, has disclosed that the party and it's presidential… Read more »
August 30, 2022
Nigeria: Govt Piles More Debts on Next President With U.S.$26 Million Borrowing for 2023
From every indication, the present administration of President Muhammadu Buhari would be leaving huge debts for its successor after it leaves office in 2023 with another N11… Read more »
Nigeria: Churches, Mosques, Others Involved in Crude Oil Theft, Vandalism - Kyari
The Group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has revealed that churches, mosques, security agencies as well as… Read more »
Nigeria: Banks' Equity Returns, Loans to Rise 23%, 16.5% in 2022 - Report
Despite the harsh operating environment and high running costs in an election year, commercial banks in Nigeria are projected to grow their pre-tax return on equity by 23 per cent… Read more »
August 29, 2022
Nigeria: Trapped Funds - Foreign Airlines Won't Suspend Operations in Nigeria - IATA
Following the release of $265million of foreign airlines trapped in the Central Bank of Nigeria (CBN), the International Air Transport Association (IATA), on Monday, said the… Read more »
Nigeria: Trapped Foreign Airline Revenue - Issues, Implications
The International Air Transport Association, IATA, recently opened a can of worms in Nigeria's aviation sector when it alleged that Nigeria is withholding $450 million in revenue… Read more »
Nigeria: Crude Theft - Oil Workers Plan Shutdown of Sector
Key unions in Nigeria's oil and gas industry are putting together a major nationwide action to protest exponential oil theft in the country. Read more »
August 26, 2022
Nigeria: Nigerians Grow More Discontent About Economic Conditions - Report
Afrobarometer survey has revealed that Nigerians' assessment of their personal living conditions and the country's economic situation have worsened dramatically over the past two… Read more »
August 25, 2022
Nigeria: No Airline Sells Ticket in Foreign Currency - NCAA
The Federal Government has described as untrue, claims that foreign airlines are selling their tickets in foreign currency in Nigeria due to their earnings that are trapped with… Read more »
Nigeria: ExxonMobil, Shell, Chevron to Withdraw $3bn Suits Against NNPC
Shell Plc, ExxonMobil Corporation, Chevron Corporation, and Equinor ASA have said they will withdraw their lawsuits of about $3 billion, against the Nigerian National Petroleum… Read more »
Nigeria: Abuja-Kaduna Train to Resume After Abducted Passengers' Release - Federal Govt
Federal government said it would be insensitive to commence the Abuja-Kaduna train services now due to the plight of families whose loved ones kidnapped in the March incident are… Read more »
August 24, 2022
Nigeria: Why Buhari Hasn't Removed Fuel Subsidy - Keyamo
Minister of state for labour and employment and the director for the Presidential Campaign Council of the All Progressives Congress (APC), Festus Keyamo (SAN) has given reasons for… Read more »
August 23, 2022
Nigeria: Insecurity - Timber Shades Take Over Yam Markets As Taraba Farmers Flee Settlements
Farmers in the 16 local government areas and the two special development areas of Taraba State have recorded low food production in the 2022 farming season due to the worsening… Read more »
Nigeria: Federal Govt Promises to Release Trapped $464m Foreign Airlines Funds
Reprieve may soon come the way of the foreign airlines whose funds are trapped in the country as the federal government has assured them it is doing everything possible to ensure… Read more »
Nigeria: Lekki Deep Seaport Will Increase Govt's Revenue, Create 112,000 Jobs - Minister
The minister of Transportation, Alhaji Mu'azu Sambo, on Sunday said the Lekki deep seaport would bring more tonnage, and revenue to the port and the country. Read more »
Nigeria: Stakeholders Lament CBN's Interest Rate Reversal On Intervention Loans
The Central Bank of Nigeria's (CBN) decision to revert interest rate on its Covid-19 intervention facilities has drawn the ire of stakeholders as well as experts, whose thoughts… Read more »
August 22, 2022
Nigeria: UN Hails Nigerian Women Over Economic Development
The United Nations (UN) has commended the Nigerian women's drive for economic development. Read more »
August 20, 2022
Nigeria: SSANU, NASU Suspend Strike for 60 Days
The Joint Action Committee (JAC) of the Senior Staff Association of Nigeria Universities (SSANU) and the Non-Academic Staff Union of Allied and Education Institutions (NASU), has… Read more »
August 19, 2022
Nigeria: CBN Announces USSD Code for eNaira Transactions, As Subscription Hits 840,000
The Central Bank of Nigeria (CBN) has unveiled a new short code for subscribers of its digital currency, eNaira to make financial transactions on the platform. The aim is to… Read more »
Nigeria: Lagos Airport Records Low Passenger Turnout As Return Tickets Hit N250,000
Passengers are shunning air travels while companies, organisation and Associations are reverting to online meetings instead of physical meetings and traveling due to the increase… Read more »
August 18, 2022
Nigeria: Inflation - CBN Returns Interest On Intervention Programmes to 9 Percent
The Central Bank of Nigeria (CBN) has returned the interest rate on all its interventions back to nine per cent - from five per cent a circular that was released by the apex bank… Read more »