May 27
Nigeria: UBA Confident of Meeting Capital Requirement - Elumelu
CBN had mandated all commercial, merchant, and non-interest banks, as well as promoters of proposed banks, to increase their capital base within 24 months starting from April 2024 Read more »
May 26
Nigeria: Foundation Provides Electricity to 12 Nigerian PHCs
The PIND's Executive Director, Tunji Idowu, disclosed this at the lunch of its 2023. Read more »
Nigeria: Passengers Safe As Abuja-Kaduna Train Derails - NRC
NRC says a team of engineers is already at the site to restore the affected locations. Read more »
Nigeria: Third Mainland Bridge Section Closed for Repairs
The controller said that the closure was to enable the ministry to carry out urgent repairs on the bridge. Read more »
Nigeria: One Dead, Five Rescued As Mosque Collapses in Lagos
The mosque on Yusuf Street, off Ladipo Road, Papa Ajao, collapsed while prayer was ongoing. Read more »
May 24
Nigeria: Tinubu Secured $20bn Investment to Revolutionise Agriculture, Economy - Shettima
Mr Shettima said that these investments include $14 billion from India and $250 million from the Netherlands, with commitments of $500 million each for lithium development in… Read more »
Nigeria: NNPC, Schlumberger Sign Agreement to Boost Upstream Operations
NNPC Ltd says the agreement with Schlumberger is part of strategic reforms aimed at unlocking opportunities in the nation's oil and gas industry. Read more »
May 23
Nigeria: Aviation Minister, Predecessor Clash Over Emirates' Return to Nigeria
The former aviation minister, Osita Chidoka, said the Emirate's return to Nigeria is a reminder of the deepening lack of Nigeria's "national pride" in the world Read more »
Nigeria: CBN Directs All BDCS to Reapply for Licenses
It also directed that BDCs meet the minimum capital requirements for the license category applied for within six months from the effective date of the guidelines. Read more »
Nigeria: Kaduna Ginger Farmers Count Losses As Disease Ravages Crop, Ruins Livelihood
Kaduna ginger farmers are struggling to get back on their feet after an infection devastated their crops last year Read more »
May 22
Nigeria: It's a New Dawn in Abuja! President Tinubu Set to Flag-Off Rail Transport in FCT
Rail transportation, as distinct from road and air systems, is a key mode of transport in which the FCT administration has recorded outstanding achievements under the Renewed Hope… Read more »
Nigeria: #RiversInvestmentSummit - What We're Doing to Revive Rivers' Economy - Fubara
The governor said it was sad that Port Harcourt, the Rivers capital, once revered as an established commercial centre in Nigeria, has lost its shine. Read more »
Nigeria: Tinubu Inaugurates N8bn Substation, Ondo Communities Reconnected to Grid After 14 Years
With the completion of the substation, communities in the Okitipupa, Ilaje, Irele, Odigbo, and Ese-Odo Local Government Areas in Ondo State, which had been without power supply for… Read more »
Nigeria: Zamfara Governor Promises to Start Paying Minimum Wage From Next Month
The governor announced this on Wednesday during a meeting with the leadership of the Zamfara State chapter of the labour union. Read more »
Nigeria: Why Peter Obi Visited Labour Party National Secretariat - Spokesperson
The spokesperson said Mr Obi's visit was part of the consultations in search of peace in the party. Read more »
Nigeria: Jigawa Seals Trade, Industrialisation Pact With Nigeria-Arabian Gulf Chamber of Commerce
The MoU signing signifies a mutual commitment to developing market-ready products, establishing a steering committee to oversee implementation, and leveraging the Maigatari Free… Read more »
Nigeria: Nigerians Bemoan Exorbitant Cost of Living As Inflation Reaches Record High
Rising prices have taken many essential items, including food and housing, beyond the reach of millions of citizens across Nigeria, as highlighted by a PREMIUM TIMES' market survey… Read more »
Nigeria: Kid Entrepreneurs Mentor Peers, Share Business Lessons At Lagos Event
The organisers also advocated entrepreneurship in Nigerian primary and secondary school curricula. Read more »
May 21
Nigeria: Energy Transition - CJID Set to Train Nigerian Journalists, CSOs On Minerals Change
The workshop aims to strengthen the media and CSOs' roles to tackle corruption in the green minerals value chain, and to address the challenges of access to information in the… Read more »
Nigeria: CBN Raises Benchmark Interest Rate
The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant banks from 10 per cent to 14 per cent. Read more »
May 19
Nigeria: NCDMB CEO, Ogbe Bags Fellowship of Engineering Society
The investiture was performed by the President/Chair-in-Council of the NSE, Margaret Aina Oguntala, FNSE at a ceremony in Abuja. Read more »
Nigeria: President Tinubu, Call Minister of Works to Order On Coastal Highway Demolitions, By Jiti Ogunye
Our clients place a high hope in the governance era of renewed hope and are confident that Your Excellency will grant their plea. Read more »
May 21
Nigeria: Abuja Light Rail Ready for Commissioning - Wike
Mr Wike expressed satisfaction with the quality of work and the facilities at the train stations. Read more »
May 20
Nigeria: Customers of Nigerian Bank Stranded, Unable to Access Accounts for Weeks
Many of the customers have called on both the CBN and FCCPC to intervene urgently to save them from a major crisis. Read more »
Nigeria: Six Members of CAN Women Wing Die in Taraba Road Accident
The women were returning home from a conference of the Women Wing of the Christian Association of Nigeria (WOWICAN) Read more »