Nigeria: Democracy and Mayhem in Rivers State

The political crisis in the state is unfortunate Read more »

Nigeria: Govt to Review $2bn Siemens Deal, Targets 1,300 Rise in Transmission Capacity - Adelabu

The Minister of Power, Mr Bayo Adelabu, last night said the federal government was set to review the Siemens power deal with Nigeria, which would have seen the incremental rise in… Read more »

Nigeria: We're Set to Change Narrative Surrounding Nigeria's Economy - Tinubu

President Bola Tinubu has expressed the readiness of his government to change the narrative about Nigeria's weak and crawling economy and transform governance in the country. Read more »

Nigeria: 15-Point Agreement - NLC Wants Minister of Labour Excluded From Today's Meeting With Govt

Nigeria Labour Congress (NLC) has threatened to boycott today's meeting with the federal government, meant to review the 15-point memorandum of understanding (MoU) it had signed… Read more »

Nigeria: NUPRC Moves to Enforce Domestic Crude Oil Supply Obligation to Feed Emerging Refineries

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said it was taking all necessary steps within the provisions of the Petroleum Industry Act (2021) to ensure… Read more »

Nigeria: P&ID - How Ex-CBN Governor, Emefiele Resisted Pressure to Pay Off $11bn, Aondoakaa Explains

A former Attorney General of the Federation and Minister of Justice, Mr. Michael Aondoakaa (SAN), has revealed how the immediate-past governor of the Central Bank of Nigeria (CBN),… Read more »

Nigeria: Supreme Court - Tinubu's Election As President Is Hereby Affirmed

Basking in the euphoria of yesterday's Supreme Court judgement which affirmed his election on February 25, 2023 as President of the Federal Republic of Nigeria, President Bola… Read more »

Nigeria: Govt Moves to Securitise Nigerian Liquefied Natural Gas Dividends for $7bn Cash

As part of efforts to boost foreign currency liquidity in the economy and strengthen foreign exchange (FX), the federal government has concluded plan to securitise about $7 billion… Read more »

Nigeria: House to Investigate N7tn Interventions in Power Sector Since Privatisation

The House of Representatives, yesterday, resolved to investigate all the financial interventions, which amounted to over N7 trillion, in the power sector since its privatisation to… Read more »

Nigeria: Supreme Court to Decide Tinubu, Atiku, Obi's Fate Thursday

Within 72 hours after it heard and reserved its judgment in two appeals filed against the election of President Bola Tinubu, the Supreme Court will deliver judgement on Thursday… Read more »

Nigeria: The Shame of 'Baby Factories'

Offenders should be brought to justice Read more »

Nigeria: Supreme Court Reserves Judgment in Atiku, Obi's Appeals Against Tinubu

The Supreme Court on Monday, reserved its judgment in two appeals filed against the election of President Bola Tinubu. Read more »

Nigeria: Nigeria Can Overcome Forex Crisis By Exploring Non-Oil Exports - Obasanjo

Former President Olusegun Obasanjo, at the weekend, stated that Nigeria could overcome its foreign exchange (forex) crisis and dwindling value of the naira by shifting from a… Read more »

Nigeria: Nigeria to Know Fate Tomorrow As UK Court Delivers Judgment On P&ID's $11bn Suit

The Business and Property Court in London will on October 23 (tomorrow) deliver judgment in a case between the Federal Government of Nigeria and Process & Industrial… Read more »

Nigeria: Presidential Election's Grand Finale Begins At Supreme Court Monday

The final legal battles over the disputed presidential election will begin on Monday, October 23, at the Supreme Court, following the listing of three separate appeals against the… Read more »

Nigeria: Govt, EU Sign N728 Billion Agreements to Boost Education, Energy, Transport, Others

The federal government and the European Union (EU) yesterday signed a €900 million (about N728 billion) financial package to advance Nigeria's green, resilient digital… Read more »

Nigeria: Legal Battle Between Atiku, Tinubu Begins At Supreme Court Monday

The final legal battle over the number one seat will begin on Monday October 23, following the listing of the appeal filed by the presidential candidate of the People's Democratic… Read more »

Nigeria: FIRS Issues 2-Week Ultimatum for Remittance of FIRS Embarks On Compliance Evaluation

The Federal Inland Revenue Service (FIRS) has issued a 14-day ultimatum to all taxable persons or tax agents who have made deductions of Value Added Tax (VAT) or Witholding Tax… Read more »

Nigeria: Why Supreme Court Must Jettison Technicality, Overrule Tinubu On Fresh Evidence - Atiku

The presidential candidate of the People's Democratic Party (PDP) in the last presidential election, Alhaji Atiku Abubakar, has given reasons why the apex court must grant him… Read more »

Nigeria: Govt Seeks $1.5bn Loan from World Bank to Address Fiscal Gap

As part of the efforts to address the fiscal gap in the 2023 budget, the federal government yesterday disclosed that it had concluded plans to secure a fresh $1.5 billion loan… Read more »

Nigeria: NNPC Jettisons Oil Swap Deals, Pays Cash for Fuel Imports

The Nigerian National Petroleum Company Limited (NNPC) has begun buying petrol via cash tenders, rather than oil swaps, for the first time in nearly a decade, four sources familiar… Read more »

Nigeria: Senate Promises Legislations On Energy Transition Financing

The Chairman of the Senate Committee on Ecology and Climate Change, Senator Seriake Dickson, has expressed the readiness of the National Assembly to support any new legislation or… Read more »

Nigeria: History As Olukoyede, First Christian, First Southerner, Is Appointed EFCC Chair

History was yesterday recorded as President Bola Tinubu approved the appointment of Mr. Ola Olukoyede, the first Christian and southerner, to ever head the Economic and Financial… Read more »

Nigeria: Dismiss Atiku's Appeal, It's Abuse of Court Process - Tinubu to Supreme Court

President Bola Tinubu has asked the Supreme Court to dismiss the appeal filed by candidate of the Peoples Democratic Party (PDP) in the February 25 presidential election, Atiku… Read more »

Nigeria: CBN Lifts Forex Restrictions On Importation of Rice, Cement, Palm Oil, 40 Other Items

The Central Bank of Nigeria (CBN) yesterday, declared that importers of 43 items previously restricted from accessing foreign exchange (FX) at the official window are now allowed… Read more »