November 03, 2023
Nigeria: Court Orders Unconditional Release of Emefiele
An Abuja High Court, yesterday, ordered the Economic and Financial Crimes Commission, EFCC, to unconditionally release the embatled former Central Bank of Nigeria, CBN, governor,… Read more »
Nigeria: Poor Wages Fuelling Corruption - NLC
On the part of the Nigeria Labour Congress, its President, Joe Ajaero, said poor wages were a major factor fuelling corruption in Nigeria, stressing that it was the right and… Read more »
Nigeria: We've Enough Naira Notes - CBN
The Central Bank of Nigeria (CBN) said yesterday that it has enough Naira notes to meet the cash needs of the banking public. Read more »
Nigeria: Electricity - Policy Flip-Flop Threatens U.S.$155 Million Smart Metres Project
Inconsistent government policies, high annual turnover and cash flow requirements are currently threatening execution of the $155 million Phase 2 of Nigeria's National Mass… Read more »
Nigeria: CBN Begins Clearing Forex Forwards Backlog
Barely 10 days after, the Central Bank of Nigeria (CBN) may have begun to implement the promise of President Bola Tinubu to clear the estimated $7 billion outstanding foreign… Read more »
Nigeria: Ajaero in Critical Condition, May Be Flown Abroad - NLC
The Nigeria Labour Congress, NLC, yesterday said the health condition of its President, Joe Ajaero is very critical and may be flown abroad for full medical examination after he… Read more »
Nigeria: Tinubu to Flag Off Conference for 24 Littoral African Countries in Nigeria
President Bola Tinubu will be flagging off the conference for 24 littoral countries in the West and Central African sub-region on Monday at the Lagos Continental Hotel Victoria… Read more »
November 02, 2023
Nigeria: Insurance - Weakening Purchasing Power Affects Individual Life Policies
At the backdrop of significant declines in the purchasing power of most Nigerians, the insurance sector is recording higher preference for group life policies with declining… Read more »
Nigeria: Nigerian Leaders Not Thinking Sacrifice but Survival - Sam Adeyemi
The Senior Pastor of Daystar Christian Centre, Sam Adeyemi, yesterday, identified lack of sacrifice by Nigerian leaders as one of the major reasons for slow development in the… Read more »
Nigeria: Salary Increases - Govt Dashes Workers' Hopes
The are indications that the Federal Government's promise to pay additional N35,000 wage to its workers for six months may have run into a hitch due to lack of cash. Read more »
Nigeria: Made Kuti's Wife Indeoye Reveals How They Met, Says 'He Was My School Father'
Inedoye, the wife of Made, a Nigerian Afrobeats singer and grandson of the iconic Fela Kuti, has revealed how she met the singer in secondary school. Read more »
Nigeria: Govt Needs 18.6trn to Fix Federal Roads in Four Years - Minister
The Minister of Works, David Umahi, said the Federal Government needs an estimated N18.6 trillion to address the road sector in Nigeria over the next four years. Read more »
Nigeria: AfCFTA - West, Central African Port Leaders Summit'll Boost Trade Facilitation - Koko
Managing Director of Nigerian Ports Authority, NPA, Mohammed Bello Koko, has said that the Port Management Association of West & Central Africa, PMAWCA, Annual Council and 18th… Read more »
Nigeria: Foreign Debt to Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans
Nigeria's foreign debt is expected to rise further to about $51 billion, following President Bola Tinubu's request to the Senate, seeking approval to borrow additional $7.8 billion… Read more »
November 01, 2023
Nigeria: NiMet Cautions Airline Operators, Others Over Impending Dust Haze, Deterioration Visibility
The Nigerian Meteorological Agency (NiMet) has raised concerns over an impending dust haze that is expected to deteriorate visibility across the country in the coming days. Read more »
November 02, 2023
Nigeria: Supplementary Budget - Govt Earmarks N17.7bn for Presidential Yacht, Air Fleet
President Bola Tinubu has presented a N2.176 trillion 2023 supplementary budget proposal to the House of Representatives on Tuesday. Read more »
November 01, 2023
Nigeria: High Food Prices Trigger Malnutrition Level in North East - ICRC
As Nigerians grapple with food availability and affordability, the International Committee of the Red Cross, ICRC, raised the alarm over high food prices triggering increased… Read more »
Nigeria: Uproar As Nigerian Stock Market Hits All-Time High, Crosses 70,000 Mark
The Nigerian stock market has sent shockwaves through the financial community, as the Nigerian Exchange Limited, NGX All-Share Index surged to an all-time high and shattered the… Read more »
Nigeria: World Bank Commits Over $11 Billion in Three Years in Nigeria - Country Director
The World Bank Country Director for Nigeria, Shubham Chaudhuri, on Wednesday, said the bank has committed over $11 billion in the past three years for government at both the… Read more »
Nigeria: I Must Succeed By All Means Necessary - Tinubu
President Bola Tinubu, on Wednesday, said he must succeed by all means to deliver on the expectations of Nigeria from its current state. Read more »
Nigeria: Tinubu Seeks Senate's Approval to Borrow $7.8bn, €100m
President Bola Tinubu has written to the Senate to seek its approval for his 2022-2024 borrowing plan. Read more »
Nigeria: Presidential Election Litigation Over With S'court Verdict On Tinubu - PDP Govs
The Peoples Democratic Party governors, under the aegis of the PDP Governors' Forum, said presidential election litigation is now over with the Supreme Court verdict on President… Read more »
Nigeria: Appeal Court Affirms Abba Moro As Winner of Benue South Senatorial Seat
The Court of Appeal in Abuja, on Wednesday, validated the re-election of Senator Patrick Abba Moro of the Peoples Democratic Party, PDP. Read more »
Nigeria: Onoh Set to Open Multi-Million Naira Zoological Garden, Apartments in Enugu
With last week's Supreme Court decision on the presidential election matters, Dr. Josef Onoh has declared the 2023 political process as concluded and has returned to his… Read more »
Nigeria: Appeal Court Sacks Suswam As Senator
The Court of Appeal sitting in Abuja, on Wednesday, sacked the former Governor of Benue State, Gabriel Suswam, from the Senate. Read more »