December 07, 2022
Nigeria: Senate Threatens to Cut Budget of Over 100 MDAs for Ignoring Summons
The MDAs have repeatedly failed to appear before the Senate Public Accounts Committee to respond to queries raised in the Auditor General's report. Read more »
Nigeria: Poverty Eradication - We Need Big Ideas, Not Buckpassing
As the debates sparked and now rages over the embarrassing rate of multidimensional poverty as reported by no less than the National Bureau of Statistics (NBS), it behooves on me… Read more »
December 06, 2022
Nigeria: Reps Urge Govt to Revive $11bn Lagos-Calabar Coastal Rail Line
The project, which was approved by the Federal Executive Council in 2017, was abandoned by the Federal Ministry of Transportation. Read more »
Nigeria: Nigeria Imposes Restrictions on Cash Withdrawals
The CBN directs that only N200 and lower denominations should be loaded into banks' ATM machines. Read more »
Nigeria: Airtel Signs $194 Million Loan Deal With IFC to Boost African Operations
The borrowing will be repaid over eight years. Read more »
Nigeria: 743 Million People Suffer Workplace Violence Globally - ILO
Working class in high-income countries registered the highest prevalence of workplace violence over the entirety of working life and in the past five years. Read more »
December 05, 2022
Nigeria: Senate Grills Finance Minister Over Allegations of N1.7trn Budget Padding
The minister told the Senate Committee on Appropriations that most of these sums of money are bilateral or multilateral loans captured in the budget of agencies selected for… Read more »
Nigeria: Nigerian Stocks Ascend for Second Trading Day but Turnover Slides
Shares have returned 13 per cent so far this year. Read more »
Nigeria: Nigerian Navy Clears Air On Oil Theft Figures Released By NNPC, Says Official Misrepresented
The Navy says its official was misquoted at an interactive hearing before the Senate Committee on EFCC Read more »
Nigeria: Nine Months After, Kaduna-Abuja Train Service Resumes With Scanty Passengers
The government announced the resumption of the train service while ensuring the security of the passengers. Read more »
Nigeria: Buhari's Transition Budget Demands Thorough Scrutiny
Buhari's seven years' experience in the vetting and signing of budgets are enough to put him on guard against those intent on corrupting budgets with illegal insertions and… Read more »
December 04, 2022
Nigeria: Nigeria Loses Over 500 Medical Consultants to Developed Countries in Two Years - Official
The association said the average medical and dental consultant is not only a clinician but also doubles as a teacher for medical students and doctors in specialist (residency)… Read more »
December 02, 2022
Nigeria: Presidency Releases Details of Refunds to Niger Delta States
The government says the states got N625 billion and have an outstanding of N860 billion. Read more »
Nigeria: Labour Party Sacks Okupe, 10 Others Over 'Constitutional Breach'
Labour Party in Ogun State asks Peter Obi to stop relating with Doyin Okupe Read more »
December 01, 2022
Nigeria: Troops Dismantle 81 Illegal Refineries, Arrest 81 Oil Thieves in Niger Delta - DHQ
DHQ also said the troops destroyed 254 storage tanks, 173 cooking ovens, 118 dugout pits, and 36 wooden boats found at the sites. Read more »
December 02, 2022
Nigeria: Ecobank's Jan-to-Sept Profit Jumps 12% to N117 Billion On Growth Across Key Income Sources
Interest income and non-interest income respectively saw 9 per cent and 12 per cent surge. Read more »
December 01, 2022
Nigeria: Buhari Urges African Leaders to Make Use of Youth for Socio-Economic Growth
Mr Buhari spoke in Niamey, Niger, where African leaders reviewed the continent's progress in industrialization, economic diversification, and the African Continental Free Trade… Read more »
Nigeria: Nigeria's 36 States Have Received N6.5 Trillion in Seven Years - Finance Minister
The government says it has disbursed N528.4 billion and supported a total of 233,974 micro and small businesses. Read more »
November 30, 2022
Nigeria: Non-Oil Exporters Repatriated $4.99 Billion in 2022 - Emefiele
Mr Emefiele said the 2022 figure was higher when compared with $3.19 billion repatriated in 2021. Read more »
Nigeria: Fuel Scarcity Worsens Across Nigeria As NNPC, Marketers Offer Different Reasons
In many states, petrol is sold for as high as N270 at filling stations, while the product is barely available in Abuja and Lagos. Read more »
Nigeria: 'We Had Limited Time', CBN Explains Why New Naira Notes Are 'Simple'
The bank says it will not introduce a higher note than N1000. Read more »
Nigeria: Budget Padding? Why We Inserted N1.7 Trillion Projects in MDAs Budgets - Minister
The minister says the N1.7 trillion loan-tied projects are domiciled in 14 agencies of the federal government. Read more »
November 29, 2022
Nigeria: How Food Prices Surged in October - NBS
The report found that the average price of a 1kg onion bulb rose year-on-year by 32.6 per cent to N405.72 in the review month and by 2.2 per cent between September and October. Read more »
November 30, 2022
Nigeria: One Month to End of the Year, Reps Pass N607.9 Billion FCT 2022 Budget
President Muhammadu Buhari had on14 November transmitted the FCT budget to the House for consideration. Read more »
November 29, 2022
Nigeria: Average Retail Price of Kerosene in Nigeria More Than Doubled in October
On a year-on-year basis, the bureau said the average retail price per litre rose by 145.9 per cent from N423.42. Read more »