October 26, 2022
Nigeria: Review Health Workers' Salaries, NLC Urges Nigerian Govt
Before the NEC meeting, the NLC warned of looming strikes in the health and judiciary sectors. Read more »
Nigeria: NCC Offers Two More Frequency Slots for 5G Services
The commission has put up another two slots of spectrum in the 3.5GHz Spectrum band for auction before the end of 2022. Read more »
Nigeria: Buhari Urges Korean Businesses to Invest More in Nigeria
The president acknowledged some significant investments by Korean companies in Nigeria Read more »
Nigeria: Naira Down to N758 At Parallel Market
Naira weakened across both the authorised and unauthorised markets on Tuesday. Read more »
October 25, 2022
Nigeria: 774,000 Jobs - Senate Panel Demands Names, Account Details of Beneficiaries
The senators said none of their constituents benefited from the programme coordinated by the Minister of State for Labour and Employment, Festus Keyamo. Read more »
Nigeria: Brain Drain - Nigerian Doctors Threaten "Action," As NMA Seeks Urgent Intervention
Mr Rowland said Nigerian doctors are poorly paid, overworked, lack necessary work tools, "and have become a target for kidnapping." Read more »
Nigeria: Labour Union Rejects Nigerian Government's No Work, No Pay Rule
The Nigerian government had insisted it would not pay the eight months salaries of the university lecturers for the period the strike lasted. Read more »
Nigeria: Amidst Fuel Scarcity, Depot Owners Increase Price
"Some private depots who have product deliberately refused to sell for reasons best known to them," an official says of the fuel price increase. Read more »
Nigeria: What to Know About CBN's National Domestic Card Scheme
The central bank has announced it will launch national domestic cards in January 2023. Read more »
Nigeria: WhatsApp Is Down
Several Nigerians have taken to another platform, Facebook, to express their frustrations with the WhatsApp situation. Read more »
October 24, 2022
Nigeria: Trapped Funds - CBN to Release $120 Million to Foreign Airlines - Emefiele
Some foreign airlines under the IATA have been in a running battle with the Nigerian government over the inability to repatriate $464 million revenue in line with the Bilateral Air… Read more »
Nigeria: Budget Defence - Reps Panel Summons NBET MD Over Azura $30 Million Per Month Power Deal
Nnaemeka Ewelukwa, the managing director of NBET, was summoned for failing to appear before the House Committee on Finance to defend the agency's budget and power deals. Read more »
October 21, 2022
Nigeria: National Grid Hasn't Collapsed This Year - Minister
The Minister said the country has only experienced disruptions, not collapse. Read more »
Nigeria: New Owner Buys Polaris for N50 Billion, Gets 25 Years to Repay Govt's N1.3 Trillion
Strategic Capital Investment Limited emerged the preferred bidder for the lender, the CBN said in a statement late Thursday. Read more »
October 20, 2022
Nigeria: Ebonyi Suspends Government Officials Over 'Persistent Theft' of Diesel
The state Commissioner for Information and Orientation, Uchenna Orji made this known on Wednesday while briefing reporters at the end of the state Executive Council meeting. Read more »
Nigeria: Nigerian Stocks Halt Run of Big Slides As Sell-Offs in Mega-Cap Shares Ease
The all-share index grew 14.1 basis points to 44,332.2, while market capitalisation marginally climbed to N24.1 trillion. Read more »
Nigeria: Military Destroys 23 Illegal Refineries, Apprehends 42 Oil Thieves in N/Delta
Defence Headquarters says the 42 oil thieves have been handed over to appropriate authorities for further action. Read more »
Nigeria: Nigerian Govt to Turn N20 Trillion CBN Debt to Bonds Repayable Over 40 Years
The borrowing, added to the Nigerian government's debt figure estimated at N42.8 trillion at mid-year, sums the government's entire debt up to N62.8 trillion or $143.6 billion. Read more »
October 19, 2022
Nigeria: Nigeria Regulator Directs Telcos to Reverse 'Unilateral' Tariff Hikes
Many users only became aware of the latest raise in October as there were no formal announcements by the companies, PREMIUM TIMES learnt. Read more »
October 20, 2022
Nigeria: Oil Theft - Nigerian Navy Hands Over 22 Suspected Oil Thieves, Two Vessels to EFCC
A navy official said the suspects did not have any authority or certificate from the appropriate authority to ply Nigerian waters. Read more »
October 18, 2022
Nigeria: Nigeria Air Must Commence Operations Before End of 2022 - Buhari
Earlier on Friday, Mr Buhari said Nigeria Air was 91 per cent completed and should commence operations in December. Read more »
Nigeria: How I Will Diversify Nigerian Economy - - Tinubu
Mr Tinubu's says his economic policy will be based on the current administration's effort to expand agriculture and other non oil sectors. Read more »
Nigeria: Ghanaian Cedi World Worst-Performing Currency As Naira Also Struggles
In September, the Hanke Currency Watchlist listed the Cedi--along with the Nigerian naira--as one of the worst-performing currencies in Africa in 2022. Read more »
October 17, 2022
Nigeria: Domestic, Foreign Airlines Disagree On Trapped Funds, As Reps Intervention Ends In Stalemate
Some foreign airlines under the IATA have been in a running battle with the Nigerian government over the inability to repatriate $464 million revenue out of the country in line… Read more »
Nigeria: Atiku Promises To End Banditry, Revive Kaduna Manufacturing Industries
Kaduna and other North West states have been witnessing renewed terrorist activities. Read more »