September 06, 2022
Nigeria: 33 States Ravaged By Flood in 8 Months - NEMA
The National Emergency Management Agency (NEMA), yesterday disclosed that in the last eight months, floods in Nigeria, mostly flash floods, have inundated 33 out of 36 States and… Read more »
Nigeria: Govt Bows to Pressure, Suspends 5% Excise Duty On Telecom Services
The federal government has bowed to the pressure from the Ministry of Communications and Digital Economy, the Nigerian Communications Commission (NCC), telecom operators and… Read more »
Nigeria: Renewed Fight Against Crude Oil Theft Has Denied Criminals N30bn Stolen Products - Navy
The Nigerian Navy's renewed fight against crude oil theft through the ongoing Operation Dakatar Da Barawo has denied criminals over N30 billion stolen products from illegal… Read more »
Nigeria: Unburdening Nigeria From Wrongful Contractual Agreements - Buhari
The recent resolution of the Ajaokuta Steel dispute after 14 years of international litigation, is an attestation to President Muhammadu Buhari's efforts at freeing Nigeria from… Read more »
Nigeria: You Have Till December to Crush All Terrorists, Bandits, Buhari Orders Armed Forces
President Muhammadu Buhari, yesterday, mandated the armed forces to quell the gale of insecurity across the country by the end of the year. Minister of Interior, Alhaji Rauf… Read more »
Nigeria: Banks' Total Asset Grew By 22.07 Percent to N65trn in June - CBN
The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad and the Deputy Governor, Economic Policy Directorate, CBN, Dr.… Read more »
Nigeria: Nigeria, Ghana, Others Fintech Sales to Surge to $30.3bn By 2025 - Mckinsey
Africa's financial-technology company revenue may soar to $30.3 billion by 2025, eight times higher than in 2020, as a growing, young and under-banked population gets more access… Read more »
Nigeria: Govt Ties Nigeria's Developmental Challenges to Weak Public Service
The federal government said yesterday that many of Nigeria's developmental challenges could be traced to suboptimal performance by the country's public service. Read more »
Nigeria: Jonathan Congratulates Ruto As Supreme Court Confirms Him Kenya's President-Elect
Former President Dr. Goodluck Ebele Jonathan yesterday congratulated Kenya's president-elect, Mr. William Ruto on his emergence as the winner of Kenya's August 9, 2022,… Read more »
Nigeria: Manufacturing Declines As Economy Witnessed Highest Inflationary Pressure in August - Report
Economic activities in the manufacturing sector of the Nigerian economy experienced a fall in output levels in August as the productivity of the Nigerian private sector reduced… Read more »
Nigeria: Again, Nigeria Loses 7.56m Barrels of Crude Oil to Shut-Ins, Facilities' Failures, Others
The Nigerian economy continued to bleed from shut-in of crude oil production as a result of vandalism, workers' strikes, depreciating upstream infrastructure as well as force… Read more »
September 05, 2022
Nigeria: 14 Years Old Ajaokuta Steel Dispute Finally Resolved - Govt
The Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, yesterday disclosed that the federal government has finally resolved the long-standing… Read more »
Nigeria: September Heralds Dawn of Nigeria's Freedom From APC Stranglehold - Atiku
Ahead of the official commencement of the 2023 general election campaign by political parties this month, the presidential candidate of Peoples Democratic Party (PDP), Atiku… Read more »
Nigeria: Nigeria's Average Daily Petrol Supply Is 68 Million Litres, NNPC Clarifies
In response to the alleged inflation of petrol imports and consumption in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has insisted that average petrol supply in… Read more »
Nigeria: Why PIA Implementation Will Reduce Revenues to States, Local Govts By 15% - Kachikwu
A former Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, has urged Nigerians to prepare for the immediate impact of the implementation of the Petroleum Industry Act… Read more »
Nigeria: Again, Falana Faults Lagos Parking Fee, Insists Agency Lacks Legal Power to Collect Levy
Human rights lawyer, Mr. Femi Falana has cautioned the Lagos State government not to usurp the powers conferred on local governments to fix and collect parking fees in the state,… Read more »
Nigeria: Obi Will Remove Nigeria's 'Stone of Corruption' Off Our Necks, Says Okonkwo
Nigeria's evil barriers to her development, corruption and woeful leadership would cease to torment her citizens if Peter Obi emerges as the President of the country next year. Read more »
Nigeria: Nigeria to Reap Billions of Dollars From Creditors in Debt-for-Climate Swap Proposal - Osinbajo
The Vice President, Prof. Yemi Osinbajo has disclosed that Nigeria would reap a huge debt relief from some creditors running into billions of United States dollars when the… Read more »
Nigeria: As Nigeria's Economic Woes Persist, Stock Market Depreciates By N1.69trn in 3 Months
As Nigeria continue to grapple with economic challenges, the equities market has maintained a downward slide with investors' wealth dwinddling by a whopping N1.69 trillion in just… Read more »
September 04, 2022
Nigeria: Nigeria to Reap Billions of Dollars From Creditors in Debt-for-Climate Swap Offer - Osinbajo
Vice President Yemi Osinbajo has disclosed that Nigeria will reap a huge debt relief from some creditors running into billions of US dollars when the nation's idea for a… Read more »
Nigeria: Technology Key to Curbing Corruption, Illicit Financial Flows - ICPC
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, (SAN), has identified the deployment of technology as… Read more »
September 02, 2022
Nigeria: Nigeria's Total Debt Profile Now N41.60trn, Says DMO
The Director-General of the Debt Management Office (DMO), Mrs. Patience Oniha yesterday confirmed that Nigeria's total debt profile as at March, 2022 stood at N41.60 trillion. Read more »
Nigeria: U.S. Launches $48.8m Investment in Education
United States has launched a $48.8 million investment in Nigeria's education. Read more »
Nigeria: World Bank, Katsina to Construct 800kms of Rural Roads
The Katsina State Government in collaboration with the World Bank has announced plan to construct and upgrade 800 kilometers of rural roads under the state's Rural Access and… Read more »
Nigeria: Osinbajo Meets World Bank President in Washington, Seeks Support to End Petrol Subsidy, Others
The World Bank Group President, David Malpass yesterday met with Vice President, Prof.Yemi Osinbajo as part of efforts to seek the multilateral institution's support to end petrol… Read more »