December 28, 2022
Nigeria: Senate Approves Buhari's Fresh N819.54bn Domestic Loan Request for Capital Projects
The Senate on Wednesday approved President Muhammadu Buhari's request of N819.54bn domestic loan meant to fix the infrastructure destroyed by floods across the country. Read more »
Nigeria: Economist Intelligence Unit Predicts Official Naira Rate to N470/$ End of 2023
The Economist Intelligence Unit (EIU), has predicted that the value of the naira will continue to depreciate, gradually falling to an official rate of N470 to $1 by the end of… Read more »
Nigeria: Buhari Commiserates With Ghali Na'abba Over Mother's Demise
President Muhammadu Buhari has commiserated with former Speaker of the House of Representatives, Hon Ghali Umar Na'Abba over the demise of his mother, Hajiya Rabi Umar Na'Abba. Read more »
Nigeria: Return of Chinese, India's Appetite for Nigerian Crude Key to Oil Price Stability in 2023 - Report
The return of Chinese and Indian appetite for Nigeria's and other West African countries' crude oil grades could to some extent play a critical role in determining the price of the… Read more »
Nigeria: Flood Victims Urge Govt to Conduct Forensic Audit On Affected Environment
Some of the victims of flood in Orashi area of Ahoada East, Ahoada West, Ogba/Egbema/Ndoni (ONELGA) and Abu/Odual Local Government Areas of Rivers State have pleaded with the… Read more »
Nigeria: Fitch Predicts Slow Economic Growth for Nigeria in 2023, to Rise to 3.3% in 2024
The Nigerian economy will continue to slump in 2023 due to activities leading to the general elections next year, but would likely pick in 2024, with growth rising to 3.3 per cent,… Read more »
Nigeria: Mass Exodus of Workers Hit Niger State Health Sector
A mass exodus of personnel has been reported in the Niger State health sector. Read more »
Nigeria: The Laws Have Changed, Atiku Is Winning 2023 Presidential Poll - Godwin Obaseki
In his six years in office, the Edo State Governor, Godwin Obaseki, has fought many battles, believed to have strengthened his current position, not just as governor, but as a… Read more »
Nigeria: Again, Bandits Attack Kaduna Community, Abduct 16
Sixteen people have been reportedly abducted in yet another attack on Angwa Pa community in Kajuru Local Government Area of Kaduna state. A resident of the area said the incident… Read more »
Nigeria: Lack of Funds, Technology, Bane of Nigeria's Research, Devt, Innovation, Says Oyelaran-Oyeyinka
The Senior Special Adviser to the President on Industrialization, African Development Bank, Prof. Oyebanji Oyelaran-Oyeyinka has expressed concern about the country's weak… Read more »
Nigeria: 106 Leading Corporates Failed Diversity, Inclusion Assessment Test - Report
A Hofstede Insights assessment of the state of diversity, equity, and inclusion amongst the leading 154 corporate organisations in the country has shown that 106 failed in its… Read more »
Nigeria: Holding Govt Accountable in Education Will Ensure Better Nigeria - Adamolekun
Ms Yemi Adamolekun is the Executive Director of Enough is Enough Nigeria. In this interview with Funmi Ogundare, she explained why it is imperative to teach governance from the… Read more »
December 27, 2022
Nigeria: Nigeria Underproduced 2022 Crude Oil Projection By 263 Million Barrels in 11 Months
-Data show country barely drilled 60% of 1.88 million bpd budget benchmark Read more »
Nigeria: Lekki Port to Commence Full Commercial Operation to Q1 2023
The Managing Director, Lekki Port LFTZ Enterprise Limited (LPLEL), Mr. Du Ruogang, has announced that the $1.5 billion newly completed Lekki Deep Sea Port is ready for official… Read more »
Nigeria: We"ll Increase Salary of Civil Servants in 2023 - Govt
The federal government has raised the hope of public and civil servants as it has promised to make a pronouncement soon on salary increase to cushion the effect of the high… Read more »
Nigeria: Buhari Condemns Killing of Omobolanle Raheem By Policeman in Lagos
President Muhammadu Buhari has condemned condemned the "heinous and senseless" killing of a member of the Nigerian Bar Association (NBA), Omobolanle Raheem, in Lagos by on-duty… Read more »
Nigeria: Traders Seek Urgent Govt Intervention On Road Infrastructure
The Association of Progressive Traders (APT) of Nigeria, has called on the federal government to urgently intervene on the state of the road infrastructure around the trade fair… Read more »
Nigeria: 2022 - Underwhelming Year for Nigeria's Oil, Gas Industry
Marked by huge challenges, the outgoing year was one in which the oil and gas industry in Nigeria failed to impress on all fronts... well, almost. Read more »
Nigeria: 'Cash Policy Is Aimed At Driving Financial Security, Transparency'
Following the Central Bank of Nigeria (CBN)'s latest over-the-counter cash policy for individuals and corporate entities, a cross section of Nigerians especially economic analysts… Read more »
Nigeria: 2022 - a Year of Shocks, Threats, Risks for Manufacturers
Year 2022 would be remembered by operators of Nigerian manufacturing sector as a year marked by shocks, risk and turbulence. Read more »
Nigeria: As Fuel Scarcity Bites, Air Fares Jump 97%, Bus Prices Rise 45% in One Year
With petrol scarcity biting hard and aviation fuel prices skyrocketing, Nigerians paid as much as 97 per cent more to fly locally, while the fare paid by citizens for bus transport… Read more »
Nigeria: Sanwo-Olu Inaugurates 3 Roads, Ishefun Jetty to Link Lagos to Ogun
The Lagos State government is deliberately building road and water transportation infrastructure to ease movement in and out of the state by residents of the state's border towns.… Read more »
Nigeria: Bandits Attack Community, Kill One, Abduct 45 in Kaduna
One person was reportedly killed while 45 others were said to have been abducted in an attack by bandits on Angwan Aku community, Kajuru Local Government Area of Kaduna State. Read more »
Africa: Africa Has Potential to Produce €1trn Worth of Green Hydrogen By 2035 - Report
Africa has the potential to produce €1 trillion worth of green hydrogen a year by 2035, allowing it to export the fuel and boost local industry, a study backed by the European… Read more »
Nigeria: How PenCom Advanced Nigeria's Pension Industry in 2022
The National Pension Commission (PenCom) is the apex regulator of the pension industry in Nigeria. In executing its mandate, PenCom is responsible for effectively regulating and… Read more »