July 02
Nigeria: CBN to Sanction Banks, BDCS, Others Over Rejection of Old Dollar Notes
The CBN will not hesitate to sanction any commercial bank or authorised forex dealer that refuses to accept old series or lower denominations of US Dollar bills from customers. Read more »
Nigeria: NNPC Declares State of Emergency On Crude Oil Production
Mr Kyari said the move is towards increasing Nigeria's crude oil production and growing its reserves Read more »
Nigeria: Abiodun Orders Manhunt for Kidnappers of Sagamu-Ijebu Ode Highway Travellers
While promising that the perpetrators would be smoked out and punished, Mr Abiodun said Ogun State will not be allowed to become a den for kidnappers. Read more »
Nigeria: Nigerian Tea Company Protests Alleged Intimidation By Multinational Rival
Z&Y Black Tea accuses Promasidor Holdings of harassment of its workers over the similarity of trademarks. Read more »
Nigeria: Experts Advocate Implementation of Local Content Law in Nigeria's Oil Sector
The stakeholders made the call while speaking at the ongoing 2024 Nigeria Oil and Gas (NOG) Energy Week in Abuja on Monday. Read more »
Nigeria: Nigerian Govt Overhauls Withholding Tax, Grants Exemptions to Farmers, SMEs
Withholding Tax (WHT) serves as a prepayment of Income Tax, deducted at rates between 5 per cent and 10 per cent depending on the transaction Read more »
Nigeria: Three People Rescued From Collapsed Abuja Building
She said that the victims had been taken to the hospital where they were treated and discharged. Read more »
July 01
Nigeria: No Explosion At Zungeru Power Plant - Minister
He explained that the Zungeru power plant is on the grid and the plant is running at optimum capacity. Read more »
Nigeria: Discrepancies in Account Names Delaying Heritage Bank Customers' Payment - NDIC
On payment of depositors with more than five million naira with the bank, NDIC said they would be paid a liquidation dividend. Read more »
June 30
Nigeria: Nigerian Airports - Save Our Shame!, By Wole Olaoye
Airport users, Nigerians and foreigners alike, don't care whose business it is to rid our airports of the multiple leeches infesting them. Read more »
Nigeria: Ekiti Govt Writes TCN, NERC, BEDC, Rejects Planned Two-Month Power Outage
"The planned disruption of electricity in these two months amounts to an unacceptable economic, financial and social price to be paid by the citizens of Ekiti State, and we totally… Read more »
Nigeria: Reps Will Support Privatisation of Nigeria's Teaching Hospitals - Lawmaker
The lawmaker gives conditions that he believes should be met before such support is given. Read more »
June 28
Nigeria: Lagos Moves to Restructure Unregulated Public Transport Bus Operators
Mr Giwa noted that the current state of bus operations was chaotic, hence the need to regulate and integrate the informal transport sector into the state's Bus Reform Initiative. Read more »
June 27
Nigeria: Tinubu Approves New Construction, Household Programme, Prioritises Sokoto-Badagry Highway
The programme also includes the delivery of N50,000 uplift grants each to 100,000 families per state for three months. Read more »
Nigeria: Reps Grant Tinubu's Request to Extend 2023 Budget, Supplementary Appropriation Act
The lawmakers approved President Tinubu's request after a 30-minute closed-door session that followed the rowdy plenary session earlier in the day. Read more »
Nigeria: Minimum Wage - Southern Governors' Forum Advocates Benchmarks Based On States' Capacity
The governors advocated that each state be allowed to negotiate the new wage with the labour unions. Read more »
Nigeria: Senate Extends Implementation of 2023 Budget, Supplementary Appropriations Act Till December
The Senate extended the appropriation bills after they were read for the first, second and third time and supported by majority of its members. Read more »
June 25
Nigeria: Daniel Taiwo Odukoya - 'Nigeria Has a Great Future!'
He was not only a pastor, but he was also a relationship and leadership expert. Read more »
June 27
Nigeria: Exclusive - Nasu, SSANU Hold Meetings Over Withheld Salaries As Calls for Strike Intensify
SSANU and NASU members said the government has opted to dare the consequences "of its preferential treatment of one union over the others," especially considering Wednesday's… Read more »
Nigeria: After Residents' Protest, Distribution Firm Moves to End 10-Year Power Outage in Ibadan Communities
"As a customer-centric company, we have held over 10 meetings with the community leaders to explain the situation and how we intend to improve service delivery," an IBEDC official… Read more »
Nigeria: Reps Grant Tinubu's Request to Extend 2023 Budget, Supplementary Appropriation Act
The lawmakers approved President Tinubu's request after a 30-minute closed-door session that followed the rowdy plenary session earlier in the day. Read more »
Nigeria: Oil-Theft - Navy Destroys 10 Illegal Refining Sites, Speedboat
"The illegal refining site is hidden away at the core of Nembe Creek, and it took the deployment of high-resolution drones to discover this site." Read more »
Nigeria: Rowdy Session in Reps Over Tinubu's Request to Extend 2023 Budget, Supplementary Act
The opposition to the president's request forced the lawmakers into an executive session amid loud booing from members of the opposition parties. Read more »
Nigeria: NPA Generated N501 Billion Revenue in 2023 - Official
"Taxes paid to the government of the federation also grew at various times in the period under review up to $77.7 million and N17.6 billion, respectively," Mr Bello-Koko said. Read more »
Nigeria: MPC Committed to Aggressively Tackling Inflation - Cardoso
Mr Cardoso also said the CBN is "relatively pleased" with the progress it has made in stabilising the naira Read more »