July 31, 2023
Nigeria: Between Import Restrictions and a More Competitive Domestic Economy
Last week, I watched footage on social media that suggested that the domestic market for tie-and-dye/adire fabrics is being gutted by cheap imports of similar looking fabrics from… Read more »
Ghana: Ghana Tackles Illegal Loan Apps Over Fraud, Cyber-Bullying
Online loan apps are the new fraudsters in Ghana, targeting low-income earners with intrusive ads for soft loans. Read more »
July 30, 2023
Nigeria: Transcorp Posts Higher Half-Year Profit On Big Boost in Energy Business
Sales accelerated to N82.1 billion from N62.9 billion following sharp rises in income from energy business Keywords/p Read more »
July 29, 2023
Nigeria: MTN Nigeria's Half-Year Profit Weakens 29%
Finance costs jumped 161.8 per cent to N237.6 billion on the back of a dramatic spike in net foreign exchange loss Read more »
July 28, 2023
Nigeria: Workers At Nigerian University Protest After Four Years Without Salaries
"The students I taught from year one have all graduated. What is our crime?" Read more »
July 27, 2023
Nigeria: Reps Direct NNPC Limited to Suspend Ovh Acquisition, Probe Deal
In June, a PREMIUM TIMES investigation exposed the secret deals and the complicated ownership structure that left managerial control of NNPC Retail in the hands of OVH Energy… Read more »
Nigeria: Northern Petrol Marketers to Embark On Strike Over N250bn Unpaid Subsidy
The forum comprises nine depots in the Northern states - Kano, Kaduna, Suleja, Minna, Jos, Maiduguri, Gombe and Yola depots. Read more »
Nigeria: Lai Mohammed, Ex-Nigeria's Information Minister, Gets New Appointment
Mr Mohammed has been named the Special Advisor to the Secretary-General of the United Nations World Tourism Organisation (UNWTO), Zurab Pololikashvili. Read more »
Nigeria: Fuel Subsidy Removal - Nigerian Govt Warns Labour Against Strike
The warning came hours after the NLC issued notice to begin a nationwide strike on 2 August amid an astronomical hike in petrol pump prices following the removal of fuel subsidy. Read more »
Nigeria: Character Commission Chairperson, Subordinates Trade Accusations On Job Selling, Others
The chairperson and the commissioners accused themselves of impropriety and nepotism. Read more »
Nigeria: How Fuel Subsidy Removal Presents Transformative Opportunity for Nigeria's Oil Sector - PWC Nigeria
An expert said the subsidy shielded companies from the reality of their profits, and companies will now confront the true market dynamics. Read more »
Nigeria: Govt Warns Labour Against Strike
The warning came hours after the NLC issued notice to begin a nationwide strike on 2 August amid an astronomical hike in petrol pump prices following the removal of fuel subsidy. Read more »
Nigeria: Fuel Subsidy - We're Working Hard to Avert Workers' Strike - Govt
The NLC has reportedly planned to embark on strike on 2 August to protest the hike in fuel prices occasioned by the subsidy removal and the anti-poor policies of the federal… Read more »
July 26, 2023
Nigeria: Truck Crushes Ogun Monarch Inside 'Keke Napep'
A truck ran over the tricycle and killed the monarch instantly on the Ota-Idiroko expressway, close to Winners Chapel. Read more »
Nigeria: Naira Strengthens At I&E Window, Closes At N791.42
The naira gains marginally on the spot market on Tuesday, closing at N791.42 to a dollar. Read more »
July 25, 2023
Nigeria: Construction of Ondo Oil and Gas Park to Start Soon, NCDMB Assures Govt, Investors
Located at Ilaje, Ilaje Local Government Area of the State, the facility is one of six being built in different parts of the country under NCDMB's Nigerian Oil and Gas Park Scheme… Read more »
July 26, 2023
Nigeria: Unpaid Salaries, Poor Working Conditions Mar Plateau Workers Scheme for Women
"The N8,000 we get from the Ministry of Environment is not enough, so I sell 'kunu' at construction sites to support me and my family..." Read more »
July 25, 2023
Nigeria: Central Bank Raises Interest Rate to 18.75%
The apex bank made this known after the two-day Monetary Policy Committee (MPC) meeting. Read more »
Nigeria: Why Tinubu Didn't Wait Before Announcing Subsidy Removal - Abiodun
"As controversial as that initiative has been, no one can deny the fact that it was a very welcome initiative. That was a subsidy that Nigeria could no longer afford; it was a… Read more »
Nigeria: Flooding - Senator Criticises Govt for 'Diverting' N11bn Allocated for Construction of Highway
The senator warned that if the government failed to construct the highway, floods will continue to ravage the areas along the road. Read more »
Nigeria: Lamido of Adamawa Lauds NCC's Consumer Protection Initiatives
The NCC remains committed to its mandate of protecting, informing and educating consumers of telecoms services across all the 36 states of the Federation including the FCT Read more »
Nigeria: Ondo Mourns Victims of Deadly Oil Tanker Explosion
A pregnant woman, three children and 15 others were reportedly burnt to death in the incident Read more »
July 24, 2023
Africa: Avanti Named Sub-Saharan Africa's Leading Capacity Partner for Second Year Running
Avanti has made a significant commitment to Africa. The company has ambitions to accelerate growth across the region. Read more »
Nigeria: Design New Framework to Manage Forex Volatility, Group Tells Tinubu Administration
The CPPE says it believes that the Tinubu administration is on the right path and that the current volatility in the foreign exchange market are challenges typically inherent in a… Read more »
Nigeria: Nigerian Petroleum Agency Introduces Four Additional Regulations
The NMDPRA had in March unveiled six regulations that will govern the activities of the sectors Read more »