January 16, 2023
Nigeria: Stop Condeming Nigeria, We Are Doing Better Than Most Countries (2)
Nations are not built overnight. Poverty was worse in England a hundred years ago, than it is In Nigeria today. Read more »
January 14, 2023
Nigeria: Petroleum Company Set to Drill First Oil Well in Nasarawa
The discovery will attract foreign investment and generate employment, an official said. Read more »
Nigeria: Naira Weakens At Official Market
Naira depreciated by 0.16 per cent against the United States dollars at the Investors and Exporters window on Friday after it recorded a minor gain at the authorised market on… Read more »
January 11, 2023
Nigeria: Naira Falls At Official Market
Naira depreciated against the U.S dollar by 0.09 per cent on Wednesday. Read more »
January 12, 2023
Nigeria: Exclusive - Embattled CBN Chief Emefiele Secretly Returns to Nigeria
PREMIUM TIMES also learnt that Mr Emefiele is planning to leave the country again, very soon. Read more »
January 11, 2023
Ghana: Ghana's Inflation Hits 22-Year High Amid Fiscal Crisis
Ghana is battling its worst economic crisis in a generation, amid a currency crisis that has worsened the nation's fiscal position Read more »
Nigeria: Illegal Oil Pipeline Uncovered in Rivers Community
An illegal oil connection terminal on the Trans Niger Pipeline (TNP) has been uncovered in the Nonwa Uedume community of Tai local government area, Rivers state. Read more »
Nigeria: Gtb UK Fined £7.7m Over Money Laundering Control Lapses
The bank said necessary steps have been taken to address and resolve the identified gaps Read more »
January 10, 2023
Africa: Agro-Processor Ellah Lakes Seals Seed Multiplication Deal
The deal is a "symbolic and significant milestone" for the company, an official said Read more »
Nigeria: Kano 10 Megawatts Hydropower Plant Completed, Begins Test Run
The power plant is only awaiting certification from the Nigerian Electricity Management Services Agency (NEMSA). Read more »
Niger: Nigerian Doctors Threaten Fresh Strike
The association said some arrears for 2014, 2015, and 2016 have remained unpaid despite several negotiations with the government. Read more »
Nigeria: Binani Promises to Pay Salaries, Pension If Elected Governor
She said civil servants and pensioners will receive their monthly benefits when they are due. Read more »
January 08, 2023
Nigeria: Uncompleted Projects, Dilapidated Classrooms Litter Ogun Despite N10.2 Billion Rehabilitation
PREMIUM TIMES visited schools that the state government claimed to have rehabilitated and found decrepit and inadequate facilities. Read more »
January 07, 2023
Nigeria: Hundreds of Motorists, Travellers Stranded On Abuja-Keffi Expressway
The Abuja-Keffi highway is a major entry point into Abuja from Nasarawa State. It is currently being dualised. Read more »
January 04, 2023
Nigeria: PMI Rises At Second-Fastest Rate Amid Surging Inflation
Employment levels in firms jumped as workload expanded Read more »
January 03, 2023
Nigeria: Buhari Signs Nigeria's 2023 Budget Into Law
"I have also noted that the National Assembly introduced new projects into the 2023 budget proposal for which it has appropriated N770.72 billion. The National Assembly also… Read more »
Africa: One-Third of Global Economy May Slip Into Recession in 2023 - IMF
The New Year is going to be "tougher than the year we leave behind," an official said Read more »
December 31, 2022
Nigeria: Key Events That Shaped Nigeria's Oil Sector in 2022
The DSS threats notwithstanding, fuel scarcity persisted as Nigerians have continued to lament scarcity of petroleum products during festive periods. Read more »
December 30, 2022
Nigeria: Okene Explosion - Handiwork of Enemies of Progress - Kogi Govt
The explosion, which occurred around 9.00 a.m. close to the old palace of the Ohinoyi of Ebiraland on Thursday, left four persons dead and two others injured. Read more »
Nigeria: Train Attack, Oil Discovery, Nine Other Major Stories in Northern Nigeria in 2022
From daring terror attacks to floods and oil exploration, Northern Nigeria witnessed issues that defined the region in 2022. Read more »
December 29, 2022
Nigeria: Buhari in Kogi, Says Ajaokuta Steel Coy to Generate $1.6bn Annually
Mr Buhari explained how the federal government achieved the resolution of all legal entanglements that had bogged down the progress of the Ajaokuta Steel Complex. Read more »
Nigeria: National Assembly Increases Own Budget to N228.1bn, Releases Details
The N228.1 billion approved for the National Assembly shows an increase of about N59.1 billion - against the N169 billion proposed by the president. Read more »
Nigeria: Reps Want NNPC to Suspend Sale of Oil Mining Licence
The oil field under Oil Mining Licence (OML) 11 was operated by the Shell Petroleum Development Company (SPDC) joint venture. Read more »
December 28, 2022
Nigeria: Senate Passes 2023 Budget
The budget, which is the last to be considered by the ninth Assembly, was increased from N20.5 trillion presented by President Muhammadu Buhari in October, to N21.8 trillion. Read more »
Nigeria: Senate Suspends Buhari's Request to Approve N23.7 Trillion Already Spent
The Senate resolved at an executive session to set up a committee to engage relevant MDAs for details of the president's request. Read more »