Nigeria: Govt Targets Extra $1.5bn Revenue From Equipment Leasing

The federal government has revealed that it is targeting an estimated $1.5 billion in additional revenue from investments in equipment globally as it set to unveil the Equipment… Read more »

Nigeria: Using Foreign Policy for Economic Growth

The confluence of President Ahmad Bola Tinubu and Vice President Kashim Shettima in their collaborative endeavours on the international and domestic fronts is a subject of… Read more »

Nigeria: Appeal Court Sacks Kano APC Rep, Declares NNPP Lawmaker Winner

The Court of Appeal in Abuja has sacked Musa Ilyasu Kwankwaso of the All Progressives Congress (APC) and reinstated Yusuf Umar Datti of the New Nigeria Peoples Party (NNPP) in the… Read more »

Nigeria: Popular Kano Islamic Scholar, Sheik Yusuf Ali, Dies At 73

A renowned Kano-based Islamic scholar, Sheikh Yusuf Ali (Sarkin Malaman Gaya), has died at the age of 73. Read more »

Nigeria: Sesame Farmers in Jigawa Benefit From WACOT Out-Grower Initiative

The footprints of the TGI revolution in the agricultural sector are also visible in Jigawa State where sesame is a major crop. Read more »

Nigeria: JNI Wants Plateau Muslims Included As Beneficiaries of Tinubu's Wife's N500m Gesture

The Plateau State chapter of Jama'atu Nasril Islam (JNI), has berated Governor Caleb Mutfwang's administration for refusing to include the names of Muslims as beneficiaries of the… Read more »

Nigeria: Dangote Repatriates U.S.$687.98 Million From Pan-African Operations

Dangote Industries Limited (DIL), has repatriated over $576,008,672.41 through various banks in Nigeria, in addition to a $111,968,109.38 cash swap arrangement between Dangote… Read more »

Nigeria: Wizkid Replies Fans Over Not Releasing New Music

Nigerian music star and Grammy award-winning superstar, Ayodeji Balogun popularly known as Wizkid has replied to his fans who have been clamouring for new music from him. Read more »

Nigeria: 200 Million Trees - Niger State's Bold Initiative

Niger State is one of the largest and most populous states in Nigeria, with a land area of about 76,363 square kilometres and a population of about 6.5 million people. It is also… Read more »

Nigeria: Less Than 10% of $700m Trapped Funds Paid - Foreign Airlines

As stakeholders in the business landscape express relief over the intervention by the Central Bank of Nigeria (CBN) in the foreign exchange market in recent times, foreign airlines… Read more »

Nigeria: Manufacturers Groan As Diesel Price Hits N1,300/Litre

Manufacturers have expressed concerns as the price of diesel has risen to N1,275 per litre in Lagos and above N1,300 outside the state, Daily Trust can report. Read more »

Nigeria: Large Withdrawals Causing Cash Scarcity in Some Locations - CBN

The Central Bank of Nigeria, CBN, on Thursday, assured Nigerians of sufficient stock of currency notes for economic activities in the country. Read more »

Nigeria: Relief As CBN Begins Clearing U.S.$7 Billion Forex Obligations

...Emirates airline plans December return Read more »

Nigeria: Morgan Stanley Downgrades, Reclassifies Nigeria's Index to Stand Alone

Morgan Stanley Capital International, (a provider of benchmark indexes and multi-portfolio analysis tools) has announced the reclassification of MSCI Nigeria indexes from Frontier… Read more »

Nigeria: SMEDAN Wants Govt to Award 25% of Contracts to SMEs

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Wednesday in Abuja enjoined the Federal Government to award 25 per cent of its contracts to Small and… Read more »

Nigeria: Govt to Close Third Mainland Bridge

The Federal Government on Wednesday said that it had perfected plans to close a section of the Third Mainland Bridge in Lagos for five weeks of comprehensive repairs. Read more »

Nigeria: Fela Anikulapo Kuti's Grandson, Made, Weds

Made, the grandson of Fela Anikulapo-Kuti, pioneer of afrobeat and son of multiple Grammy nominee, Femi Kuti, has wedded his lover, Inedoye Onyeso. Read more »

Nigeria: Why Ex-NFF President, Pinnick, Sued Davido Over Failed Show

A former President of the Nigeria Football Federation (NFF), Mr Amaju Pinnick, has instituted a N2.3 billion suit against hip-hop artiste, David Adeleke, popularly known as Davido,… Read more »

Nigeria: We Won't Phase Out Old Naira in December - CBN Official

The Central Bank of Nigeria (CBN) has said that the old naira notes for N200, N500 and N1000 will still remain as legal tender beyond December 31, 2023. Read more »

Nigeria: Leave My Govt If You Can't Perform, Tinubu Tells Ministers, Others

President Bola Ahmed Tinubu has said government officials and appointees who cannot perform are free to leave while declaring that he must succeed by all means to deliver on the… Read more »

Nigeria: Supplementary Budget - Tinubu, Shettima to Spend N7bn On Residences Amid Nationwide Hardship

The renovation of President Bola Ahmed Tinubu's official residence and that of Vice-President Kashim Shettima in Lagos are to gulp N7 billion out of the N2.176 trillion… Read more »

Nigeria: Nigeria Has Met 70% Covid-19 Vaccination Target - Official

Nigeria successfully met its ambitious target of fully vaccinating 70 per cent of its population against the COVID-19 pandemic. Read more »

Nigeria: Pininck Slams Davido With N2.3bn Suit Over Failed Show

Former President of the Nigeria Football Federation (NFF), Amaju Pinnick has filed a lawsuit against Nigerian hip-hop star, David Adeleke, popularly known as Davido, over an… Read more »

Nigeria: Boko Haram Kill 17 Youths for Evading Tax in Yobe

Suspected Boko Haram insurgents have killed 17 youths in Gurokayeya village, Geidam LGA of Yobe State, over failure to pay tax. Read more »

Nigeria: $976m Startups Investments and Growing Tech Innovation in Nigeria

In spite of the country's struggling economy, the Nigerian startup ecosystem has remained a hub for innovation, a source of economic development, and an assurance of a better… Read more »