September 27, 2024
Nigeria: Exxonmobil Unveils $10bn Deepwater Investment Plan in Nigeria, Shettima Ecstatic
Vice President Kashim Shettima has welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, describing it as a clear testament to the… Read more »
September 25, 2024
Nigeria: Vice-Chancellor Urges Nigerians to Promote Peace, Unity
The Vice-Chancellor of the African School of Economics, Abuja, Prof. Mahfouz Adedimeji, has appealed to Nigerians to underplay their ethnic, religious and political differences… Read more »
Nigeria: At 17.01 Percent, Prime Lending Rate Hit Highest Peak Since 2019
Despite the Monetary Policy Rate (MPR) remaining flat at 26.75 per cent between July and August 2024 (currently 27.25 per cent), the Nigeria's banking sector average prime lending… Read more »
Nigeria: This Hardship Is Too Much, Bring Succour to Nigerians, Senator Orji Kalu Begs Tinubu
Chairman, Senate Committee on Privatisation, Senator Orji Uzor Kalu, has urged President Bola Tinubu, to call an emergency meeting of his economic team and come up with strategies… Read more »
Nigeria: Bobrisky - EFCC's Boss Orders Probe of Alleged N15m Bribe Against His Operatives
Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has ordered the immediate investigation of bribery allegations imputed to some officers of the… Read more »
Nigeria: Coas Assures Troops of Logistics Support to Enhance Effective Operations
The Chief of Army Staff, Lt. General Taoreed Lagbaja, has assured troops of operation Hadarin Daji, of continuous support in the provision of needed logistics and guidance for the… Read more »
Nigeria: Nasd Targets Sustainable Profitability, Dividend Payout to Shareholders
The Chairman of Nigeria's premier Over-the-Counter (OTC) Exchange, National Association of Securities Dealers (NASD) PLC, Mr. Kayode Falowo, at the company's 11th Annual General… Read more »
Nigeria: CBN Maintains Monetary Tightening Regime, Raises MPR Further to 27.25 Percent
·Hikes banks' CRR to 50% from 45%, merchant banks rate to 16% from 14% Read more »
Nigeria: Based On Kanu's Demand, Justice Nyako Hands Off His Case On Trial for Terrorism
The trial of the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, yesterday, suffered a major set back as the trial judge, Justice Binta Nyako,… Read more »
Nigeria: As Domestic Workers Kill Their Employers...
In 2021, Mrs. Maria Igbinedion, the 85-year-old mother of former Edo State governor Chief Lucky Igbinedion, was tragically murdered by her domestic worker, Dominion Okoro. The… Read more »
Nigeria: Shortage of Instructors, Parents' Apathy, Hampering Technical Education, Says FSTC Principal
Uchechukwu Nnaike Read more »
Nigeria: Fubara Inaugurates Msmes Council in Rivers
Governor Simnalayi Fubara has officially inaugurated the Rivers State Council on Micro, Small and Medium Enterprises (MSMEs). Read more »
Nigeria: AfCFTA - Tofa, Momo PSB, Aliexpress Partner to Promote Intra-African Trade
The Traders of Africa (TOFA), last weekend unveiled its partnership with MoMo PSB, a subsidiary of MTN, and AliExpress, a multi category online platform that would foster… Read more »
Nigeria: More Pain for Nigerians As Price of 12.5kg Cooking Gas Rises By 66 Percent
Data published by the National Bureau of Statistics (NBS), showed that the average retail price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) increased… Read more »
Nigeria: Achebe - International Breweries Poised to Returnto Profitability
Following the successful execution of its rights issue, the Chairman of the Board of Directors, International Breweries Plc (IBPLC), HRM Nnaemeka Achebe has assured investors and… Read more »
September 24, 2024
Nigeria: Teenage Sensation, Brou Wins Nigeria's First Medal At International Fencing Championships
Nigeria made a remarkable entry into the global fencing scene this past weekend, thanks to the impressive performance of 16-year-old Inkosi Brou. Read more »
Nigeria: FEC Okays Economic Stabilisation Bill to Boost Liquidity, Employment
·Approves major road projects, allocates billions of naira for construction Read more »
Nigeria: NBS - Rivers, Cross River, Abia Lead As Cooking Gas Prices Rise 70 Percent in One Year
Nigeria's high inflation rate which was 32.15 per cent in August has continued to impact the prices of energy, with the rates paid by Nigerians for cooking gas rising by as much as… Read more »
September 23, 2024
Nigeria: Bigziq Honored As 'Next Rated of the Year' At the Gada Awards 2024 in Houston
I am truly honored to receive the Next Rated of the Year award at the GADA Awards. This means the world to me. This is just the beginning, and there's so much more to come! Read more »
September 24, 2024
Nigeria: CSOs - Edo Guber Results Altered, Lack Legitimacy, PDP Heads to Court
·Calls mount for INEC to review result Read more »
Nigeria: Dangote - NNPC Made Huge Mistake By Reducing Stake in Our Refinery From 20 Percent to 7.2 Percent
·Reveals he has two oil blocks, but won't invest heavily in upstream segment Read more »
Nigeria: The Battle of Edo State 2024 - A Review
Read more »
Nigeria: 15 SMEs Receive N13m Get's Funding
With the need to support local entrepreneurs across the country, Grooming Endowment Trust (GET), has empowered 15 small and medium-sized enterprises with a total of 13 million… Read more »
Nigeria: Amid Slow Access Rate, Discos Meter 115,767 Nigerians in 4 Months, Deficit Hits 7.24m
Amid a painfully slow access rate, a THISDAY analysis of recent data from the Nigerian Electricity Regulatory Commission (NERC), spanning four months, has shown that only 115,767… Read more »
Nigeria: The Alternative Bank Backs Nigeria Cup 2024, Debuts As Lead Sponsor With Ikoyi Golf Club
The Alternative Bank, a pioneering, specialized, and non-interest finance institution, has partnered the prestigious Ikoyi Golf Club to sponsor the 27th Nigeria Cup golf… Read more »