Nigeria: Govt Grants Local Shipowners Zero Import Duty On New Vessels

The federal government has exempted local shipowners from paying import duty on brand new vessels. Read more »

Nigeria: Cash Withdrawal Limit, Naira Redesign Not Political - CBN

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has given assurance that the recent policy of the bank, including the cash withdrawal limit and the redesigning of… Read more »

Nigeria: Higher Taxation and Its Toll On a Fragile Nigerian Economy

Taxes, Taxes, Taxes. The word may seem like a burden to many people, but it is an obligation that the citizens of Nigeria must pay to the government to improve and maintain the… Read more »

Nigeria: Nigeria to Benefit From $10.54bn Islamic Bank Fund for Agriculture

Nigeria will directly benefit from the 2022 Food Security Response Program financing package of $10.54 billion recently approved by the board of executive directors of Islamic… Read more »

Nigeria: After 15 Years, Federal Govt Opens Fresh Bid Round, Offers 7 Offshore Oil Blocks

The federal government has put seven deep offshore oil blocks on offer, calling on investors globally to bid for them. Read more »

Nigeria: CBN Bows to Pressure, Reviews Cash Withdrawal Policy

Following the ruckus generated by the new cash policy of the Central Bank of Nigeria (CBN), the apex bank has revised upward weekly cash withdrawals for individuals and corporate… Read more »

Nigeria: Dangote Cement - Investing in Host Communities Through Multi-Million Naira CSR Projects

Dangote Cement Plc is well known for its commitment in the Corporate Social Responsibility initiatives for its host communities. Read more »

Nigeria: World Bank Backs CBN On Naira Redesign, Fears Impact of Short Transition Period

The World Bank has warned that the time and short transition period to the redesigned naira notes will have a negative impact on economic activities and in particular the poorest… Read more »

Nigeria: Flight Delays, Cancellation Loom Over Jet-A1 Scarcity - Airlines

Local airline operators have warned passengers of an impending disruption of flight operations due to persistent aviation fuel scarcity experienced in the country. Read more »

Nigeria: Labour Party Candidate Decries Fresh Attacks in Southern Kaduna

Gubernatorial candidate of the Labour Party (LP) in Kaduna State, Hon. Jonathan Asake, has urged the state governor, Malam Nasir Elrufai to halt the renewed attacks and killings in… Read more »

Nigeria: Electricity - No Political Will to Demolish 4,000 Structures Under Power Line - NEMSA

The Nigerian Electricity Management Services Agency (NEMSA) has decried that over 4,000 structured under electricity power lines, disconnect from supply by the agency are yet to be… Read more »

Nigeria: Obaseki, EU Explore Investment Opportunities in Culture, Capacity Devt

Edo state governor, Mr. Godwin Obaseki, has said his government is strengthening partnership with the European Union (EU) to sustain the gains recorded by his administration in… Read more »

Nigeria: Nigerians Brave the Odds to Celebrate Christmas

Expectation ahead of Christmas and New Year celebration among many appears gloomy as the festive season's draws nearer owing to the astronomical hike in food items. Read more »

Nigeria: Buhari Woos Corporate America, Says Nigeria Best Place to Invest

President Muhammadu Buhari Friday in Washington DC asserted that Nigeria remains the best destination for American investors to put their money. Read more »

Nigeria: Strike - SSANU Insists Govt Must Pay Four Months Salary Arrears

The Senior Staff Association of Nigerian Universities, (SSANU) yesterday insisted that its leadership will not rest on its oars until the federal government pays their members the… Read more »

Nigeria: Lagos Assures Land Owners of Compensation Over 4th Mainland Bridge Construction

Lagos State government yesterday allayed the fears of land owners on compensation over the proposed construction of Fourth Mainland Bridge, saying adequate compensation would be… Read more »

Nigeria: Cislac Urges Youths to Pay Attention to Extractive Sector

The Civil Society Legislative Advocacy Centre (CISLAC) has appealed to the Youths to engage themselves in creating awareness on how to invest more in extractive industries. Read more »

Nigeria: In Washington, Buhari Restates Nigeria's Energy Target of 30 Gigawatts By 2023

President Muhammadu Buhari Tuesday in Washington, USA, restated the determination of the Nigerian government towards achieving the vision of 30 Gigawatts of energy by the year… Read more »

Nigeria: World Bank Report On Economy Justifies Rejection of APC - Melaye

Director Public Affairs (PDP) Presidential Campaign Management Committee, Senator Dino Melaye yesterday said the recent World Bank report confirms the arrested development… Read more »

Nigeria: Nigeria Loses N264.43bn to Gas Flaring in 10 Months

Despite Nigeria's dwindling revenue occasioned by massive oil theft, the country has continued to also suffer loss from its gas resources, as companies operating in the country's… Read more »

Nigeria: Dangote's Pan-African Drive Will Benefit AfCFTA - Kano Chamber

The interim chairman, Management Committee of the Kano Chamber of Commerce Industry Mines and Agriculture (KACCIMA) Mr. Aminu Ahmed has said that the pan African drive shown by the… Read more »

Nigeria: SON to Strengthen Stakeholders' Collaboration Over Substandard Goods

The Standards Organisation of Nigeria (SON) has stated that it would increase its level of collaborations with stakeholders in the industrial sector to combat influx of substandard… Read more »

Nigeria: Halt War Risk Surcharge On Nigeria Bound Vessels, Federal Govt Urges Foreign Insurers

The federal government has called on insurance companies globally and Lloyd of London to stop collection of the War Risk Insurance premium on Nigerian bound cargoes. Read more »

Nigeria: Imo Airport - Uzodimma Initiates Installation of Night Landing Facilities

Fears that airplanes heading for the Sam Mbakwe International Cargo Airport, Owerri, Imo State can only land before 6pm may have been erased as Governor Hope Uzodimma has initiated… Read more »

Nigeria: Oil Theft - Niger Delta Stakeholders Drum Support for Ndiomu-Led Probe Panel

Prominent sons and daughters of the Niger Delta region have drummed support for the Special Investigative Panel on Oil Theft/Losses led by the interim administrator of the… Read more »