July 26, 2022
Nigeria: Dangote Industries Boosting Nigerian Debt Market Activities
Activities in the domestic debt market have increased as corporates continue to take advantage of the relatively low yields in the market to fund business expansion, amongst… Read more »
July 20, 2022
Nigeria: NCAA Suspends Dana Air Operations Indefinitely
The Nigerian Civil Aviation Authority (NCAA) has suspended Dana Airlines' Air Transport Licence (ATL) and Air Operator Certificate (AOC), indefinitely. Read more »
July 21, 2022
Nigeria: After Super Falcons Protest, Buhari Approves Funds for Players' Allowances
President Muhammadu Buhari has approved some funds for the payment of Super Falcons' allowances and match winning bonuses at the ongoing 2022 Women Africa Cup of Nations (WAFCON)… Read more »
July 20, 2022
Nigeria: Shippers' Council to Sensitise Operators On Role As Economic Regulator
The federal ministry of Transportation (FMOT), in collaboration with Nigerian Shippers' Council (NSC) is organising a sensitisation programme on some functions of the council. Read more »
Nigeria: Federal Govt Mum As Marketers Raise Petrol Pump Price to N185/Litre
The federal government has finally bowed to antics of petroleum products marketers who have wittingly adjusted upward the pump price of Premium Motor Spirit(PMS) also called… Read more »
July 19, 2022
Nigeria: Boat Mishap - NIWA Bans Night Voyage On Lagos Water
After recurrent boat mishaps claiming over 21 lives in one week, the Lagos area office of the National Inland Waterways Authority (NIWA), has banned night voyage on Lagos… Read more »
July 18, 2022
Nigeria: Aviation Workers to Shut Down Airports in Support of ASUU
The Association of Nigeria Aviation Professionals (ANAP), has called on the Federal Government to end the lingering strike embarked upon by the Academic Staff Union of Universities… Read more »
July 19, 2022
Nigeria: Number of Airlines in Nigeria Shrinks As Aero Contractors Closes Shop
The number of local airlines operating in the nation's aviation sector has further reduced after Aero Contractors yesterday announced it was temporarily shutting down operations. Read more »
July 18, 2022
Nigeria: N97.3m Debt - Vehicles Trapped As Customs Shut Port Operator From Portal
Thousands of imported used and new vehicles are currently trapped at the Five Star Logistics Ltd, operator of terminal D at the Tin Can Island Port Complex, Lagos after the Nigeria… Read more »
July 17, 2022
Nigeria: Nigerians Economically Better Off Than Other Africans - Buhari
President Muhammadu Buhari on Saturday looks forward to the peaceful conduct of the 2023 general election, saying he has done his best in tackling the challenges of the country and… Read more »
July 15, 2022
Nigeria: Court Orders Federal Govt to Review Judicial Officers' Salaries
The National Industrial Court, Abuja, has ordered the federal government to work out modalities for the immediate review of the salaries and allowances of judicial officers in… Read more »
July 14, 2022
Nigeria: Dangote Now 63rd Richest Billionaire in the World
Nigeria's Aliko Dangote has become the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg. Read more »
July 12, 2022
Nigeria: Lagos Governor Orders Probe Into Boat Mishap Deaths
Lagos State Governor Babajide Sanwo-Olu has ordered a probe into the July 8 Mile 2-Ibeshe boat accident in which lives were lost. Read more »
Nigeria: Fuel Scarcity May Worsen As NUPENG, NUEE Threaten Solidarity Strike
Ongoing scarcity of petroleum in various parts of the country may get worse and oil and electricity workers have hinted of plans to embark on a solidarity strike. Read more »
Africa: Adesina Highlights AfDB Role in Realising Africa's Economic Opportunities
President of the African Development Bank (AfDB) Dr Akinwumi Adesina highlighted the role of the bank in supporting stability, growth and sustainable development on the African… Read more »
July 06, 2022
Nigeria: 2 Die, 15 Rescued in Boat Mishap On Lagos Water
15 persons were on Wednesday rescued, three were missing while two were confirmed dead after a 20-passenger ferry boat heading to Victoria Island capsized in Lagos. Read more »
July 11, 2022
Nigeria: 188 Internet Service Providers Active in Nigeria - NCC
...As stakeholders call for sustainability Read more »
July 10, 2022
Nigeria: Shell, ExxonMobil to Enforce U.S.$1.8bn Arbitration Award Against State Oil Firm
An appeal court in U.S on Friday said ExxonMobil Corp and Royal Dutch Shell Plc affiliates may try to enforce part of a $1.8 billion arbitration award against the Nigerian National… Read more »
July 06, 2022
Nigeria: Gov Abiodun, French Ambassador Commission Multi-Million Dairy Farm
The Ogun state governor, Dapo Abiodun has inaugurated the FanmilkDanone Model Diary Farm located in Odeda Farm institute. Read more »
Nigeria: IOCs' Divestment - Indigenous Oil Producers Allay Fears, Invest $20bn in 10 Years
The Independent Petroleum Producers Group (IPPG), has allayed concerns over the ongoing divestment of assets by International Oil Companies (IOCs). Read more »
July 02, 2022
Nigeria: Fear Grips Civil Servants As FG Moves to Scrap Redundant Agencies
Palpable fear has enveloped Nigeria's federal civil circle following plans by the federal government to implement the report of the presidential committee on the restructuring and… Read more »
Nigeria: NPA Receives First Vessel At $1.5bn Lekki Deep Seaport
Ahead of the commencement of commercial operation at the $1.5bn Lekki Deep Seaport in September 2022, the Nigerian Ports Authority (NPA), on Friday, received first vessel at the… Read more »
July 01, 2022
Nigeria: Nigeria Earns $1bn From Gas Export to Portugal
Nigeria has earned over $1 billion from the sale of natural gas to Portugal in 2022 alone. Read more »
Nigeria: Russian-Ukraine War - Buhari Wants Nigeria, Portugal Trade Shift to Non-Oil Products
President Muhammadu Buhari on Thursday in Lisbon called for an increase in the volume of trade with Portugal as well as diversification to non-oil products. Read more »
June 29, 2022
Nigeria: Experts Harp On Security, Leadership for Economic Prosperity
Experts, including the managing director/CEO, Heritage Bank Limited, Ifie Sekibo, have affirmed that, the apt way to boost economic prosperity and peace in the country is to start… Read more »