October 13, 2022
Nigeria: Why Ethiopia Airline Emerged Successful Bidder for Nigeria Air - Federal Govt
The federal government has explained that Ethiopian airline was chosen ahead of others as successful bidder to manage its new national carrier - Nigeria air, in order to open air… Read more »
October 12, 2022
Nigeria: 146 Petroleum Tankers Arrive Abuja As Lokoja Flood Recedes
The fuel queues being experienced in the Federal Capital Territory (FCT) Abuja and its environs is set to disappear as about 146 petroleum trucks have arrived Abuja following the… Read more »
Nigeria: Save Oil Revenues, IMF Urges Nigerian Govt
With the country still grappling with revenue challenges despite the boom in the global crude oil price in recent times, the Nigerian government has been urged to save up on oil… Read more »
Nigeria: Expect More Flooding in North Central, South East, Nimet Warns
Nigeria Meteorological Agency (NiMet) has said states in the North Central and South East in Nigeria should brace up for more flooding. Read more »
Nigeria: Nigeria Customs Service Yet to Make Cargo Scanners Operational, Continues 100% Physical Examination
Despite the acquisition and deployment of scanners to the Apapa, Tin-Can Island, Lagos and Onne seaports Port Harcourt, by the federal government to speed up cargo inspection and… Read more »
Nigeria: IMF Backs CBN's Stance of Raising Interest Rates
With the resolve of the Central Bank of Nigeria (CBN) to continue on its hawkish stance and hike benchmark interest rate as long as inflation remains high in the country, the… Read more »
Nigeria: Nigeria Has Potential to Become World Leader in Digital Economy - Osinbajo
Vice President Yemi Osinbajo, SAN, has said Nigeria has the requisite talents, creativity and acumen to become a world leader in the digital economy. Read more »
October 11, 2022
Nigeria: Nigeria's Inflation to Average 19 Percent in 2022, Says IMF
The International Monetary Fund (IMF) is projecting that Nigeria's inflation will moderate to an average of 19 per cent by the end of this year and further drop to 17 per cent by… Read more »
Nigeria: Flooding - IMF Seeks Social Assistance for Farmers to Curb Food Insecurity
With many farmlands under water due to the flooding in Benue, Kogi, Anambra and some other states in the country, the International Monetary Fund has warned that the country could… Read more »
October 10, 2022
Nigeria: Don't Borrow From Us to Fund Forex, Auctions, CBN Warns Banks, Others
The Central Bank of Nigeria (CBN) has warned commercial banks as well as authorised dealers to desist from accessing its discount windows to fund foreign exchange as well as… Read more »
October 09, 2022
Nigeria: Abuja-Kaduna Train Service Remain Suspended - Minister
The Minister of Transportation, Engr Mu'azu Sambo, has said that the Abuja-Kaduna train service will remain suspended until the federal government install security measures to… Read more »
Nigeria: Airpeace Resumes Johannesburg Operation
After suspending its Johannesburg route due to hike in Jet A1 and scarcity of foreign exchange, Air Peace airline, on Saturday, announced resumption of the route. Read more »
Nigeria: 30 Missing in Anambra Boat Mishap
Governor Charles Soludo yesterday ordered search after about 30 persons were said to be missing in a boat mishap that occurred at Umunnankwo community in the riverine Ogbaru local… Read more »
October 08, 2022
Nigeria: Call Off Strike Within 7 Days, Appeal Court Orders ASUU
The Court of Appeal, Abuja Division, has ordered the Academic Staff Union of Universities (ASUU) to immediately call of the on-going industrial action. Read more »
October 06, 2022
Nigeria: U.S.$1 Billion - Google Builds Cloud Interconnect Sites in Lagos, 3 Others
Google has started expanding its network through the Equiano subsea cable and is building Dedicated Cloud Interconnect sites in Johannesburg, Cape Town, Lagos and Nairobi as part… Read more »
Nigeria: Libya Accepts to Transport Nigeria's Gas to Europe
The Libyan government of National Unity has offered to transport Nigerian gas to Europe through its territory. Read more »
Nigeria: Soludo Asks ANSIPPA New Board Members to Transform Anambra
Governor of Anambra State, Professor Chukwuma Soludo, has inaugurated a new board for the State Investment Promotion and Protection Agency (ANSIPPA). Read more »
Nigeria: Stakeholders Advocate Policy for Rice Fortification in Nigeria
Experts and stakeholders in food and agricultural sector have reiterated the need to draft policy document for rice Fortification in Nigeria, adding that, this would drive the… Read more »
Nigeria: Kaduna Train Attack - After 6 Months in Captivity, Remaining 23 Victims Regain Freedom
There is relief in affected families and across Nigeria after terrorists yesterday released the remaining 23 passengers on the Abuja-Kaduna train abducted on March 28, 2022. Read more »
Nigeria: MTEF/FSP- Senate Rejects N1.7trn Subsidy Proposal
The Senate yesterday rejected a report by its Committee on Finance to reduce N3.6 trillion proposed for subsidy in the 2023 budget by the executive to N1.7trillion. Read more »
October 05, 2022
Nigeria: Remaining 23 Abuja-Kaduna Train Passengers Released
All the remaining 23 abducted Abuja-Kaduna train passengers have been released by terrorists six months after they were kidnapped on Monday, March 28, 2022. Read more »
October 04, 2022
Nigeria: Dangote Cement, Sugar Win Brands of Decade
A major player in sugar and cement production, Dangote Industries Limited has dominated the sector over the years. Read more »
Nigeria: How to Tackle Illegal Mining, Non-Payment of Royalties - EFCC
Economic and Financial Crimes Commission (EFCC) has advocated more collaboration with other critical stakeholders in the mining sector to check activities of illegal miners and… Read more »
Nigeria: AfCFTA - Govs to Institute Local Implementation Mechanism
Governors in the 36 states of the federation and their counterparts from some African countries have stressed the need for states to institute local African Continental Free Trade… Read more »
Nigeria: Diesel Hike - Tougher Times for Commuters As Federal Govt Plans Train Fare Increase
The federal government has disclosed plans to raise the cost of passenger and freight train services to reflect the current reality of increase in operational costs especially in… Read more »