The Commerce Africa

Poll: IG deploys more resources to states, FCT

The Inspector-General of Police, Usman Baba, has extended additional human and logistic support to p…
Naira crisis: Take action against Malami, Emefiele, CSO tells Buhari

The Rule of Law Advocacy and Accountability Centre has told the President, Major General Muhammadu B…
Dangote Sugar appoints new director

The board of Dangote Sugar refinery plc has appointed Yabawa Lawan Wabi, as an Independent Non-Execu…
FG RESTATES COMMITMENT TO IMPLEMENTATION OF AfCFTA.

Temitayo Okereji As a strategic nation in the implementation of the African Continental Free Trade…
SHIFT TO NON- OIL SECTOR IS A SMART STEP IN THE RIGHT DIRECTION —KATAGUM

Temitayo Okereji The Minister of State for Industry, Trade and Investment, Amb. Maryam Yalwaji Kata…
Train Crash: Sanwo-Olu suspends campaigns, declares flag flown at half-mast

Governor of Lagos State, Babajide Sanwo-Olu, has declared political campaigns suspended and national…
FG orders probe of Lagos train crash

The Federal Government has directed the Nigerian Safety Investigation Bureau to launch an immediate …
Troops foil terrorists, thugs’ attempt to disrupt polls -DHQ

The Defence Headquarters said troops on operations in Kogi and Borno states foiled planned attacks b…
EU announces new rules for inbound air shipments to Europe

The European Union kicks off the second phase of its Import Control System 2, the new advanced cargo…
CAC BOSS EXPRESSES CONCERN OVER RISING NUMBER OF ASSOCIATIONS APPLYING TO REGISTER AS MEDICAL LABORATORY SCIENCE OPERATORS

The Registrar General and CEO of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has …
Atiku Hires 19 SANs To Challenge Presidential Election Result

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, has put together a legal…
Buhari seeks diasporans support for Tinubu

President Muhammadu Buhari on Tuesday, in Qatar, advised Nigerians living in the Gulf country to sup…
NEPC Empowers 3,610 Women To Boost Export Of Non-Oil Products

Temitayo Okereji The Nigerian Export Promotion Council, has empowered 3,610 women on export of non-o…
Electoral violence: Police record 185 incidents, 203 arrests

Temitayo Okereji The Inspector-General of Police, Usman Baba, has revealed that police recorded and …
Atiku, Other PDP Officials Protest Outcome Of Presidential Poll

Alhaji Atiku Abubakar, the Presidential Candidate of the People’s Democratic Party, his running mate…
Over N500bn Loan Repaid By Farmers Under Anchor Borrowers Programme, Says CBN

Temitayo Okereji The Central Bank of Nigeria (CBN) says it remains committed to its developmental ma…
FG approves disbursement of N308.45billion Promissory Notes to Exporting Companies

The Federal Government has approved the disbursement of N308, 458, 160, 546.41 worth of Promissory N…
‘What the next president of World Bank can learn from AfDB president, Adesina’.

Temitayo Okereji The new World Bank President can take a cue from the development oriented and impac…
IReV: INEC uploads 83% of election results

The Independent National Electoral Commission has so far uploaded 147,578 results from 176, 846 poll…
I Will Prove To The World I Won Presidential Election

The Labour Party presidential candidate, Peter Obi, on Thursday, insisted that he won last Saturday’…
Customs seize N305m contraband in two months

The Federal Operations Unit Zone B of the Nigeria Customs Service has disclosed that it recorded 130…
AAC Sowore rejects presidential election results

The presidential candidate of the African Action Congress in the just concluded presidential electio…
NJC reinstates Ekiti judge after 16 years of suspension

Justice Babajide Aladejana of Ekiti State High Court has been reinstated to office after 16 years of…
Fayose dumps PDP, says Atiku rejected one term offer

Former Ekiti State Governor, Ayodele Fayose, on Wednesday, announced his resignation from the People…
Jonathan, Mahama, other West African Elders meet with Atiku, Kwankwaso, Obi and Tinubu in peace move

Former Nigeria President Dr. Goodluck Jonathan, Ex-Ghanaian President JohnMahama and other members o…
Buhari nominates NHRC boss for reappointment

President Muhammadu Buhari has written to the Senate to confirm Anthony Ojukwu, for re-appointment a…
Manufacturing slowdown fuelling FX shortage – NESG

The Nigerian Economic Group Summit says Nigeria’s weak manufacturing is a major factor fuelling shor…
Mobile subscription rises to 225.88 million, says NCC

The adoption of mobile technology continues to grow in Nigeria with the total number of mobile subsc…
NGX closes positive as investors gain N207bn

The first day of trading in the week closed positively for investors on the Nigerian stock exchange …
Energy cost, pollution affecting growth in Nigeria, others –Report

The available energy in Nigeria, Cameroon, Egypt, and other African countries, is expensive, ineffic…
Elections: FCT PDP Chairman, Two Others Die In Abuja Car Crash

Temitayo Okereji The Peoples Democratic Party, Chairman in the Federal Capital Territory, Abuja, Sun…
INEC Fails To Start Voting At Scheduled Time As Voters Turn Out In Large Numbers

Temitayo Okereji Election failed to commence at the time scheduled for the exercise by the Independe…
FCT MINISTER HOSTS KASHIM SHETTIMA

The Hon. Minister of the FCT Malam Muhammad Musa Bello on Wednesday played host to the APC Vice Pres…
2023 ELECTIONS: FCT MINISTER CHARGES RESIDENTS TO BE PEACEFUL AND ORDERLY

The FCT Minister, Malam Muhammad Musa Bello has charged residents of the nation’s capital to be of t…
Politicians planning to use old notes to buy votes – EFCC chair

The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, on Wednesday, raise…
Troops arrest mastermind of Abuja-Kaduna train attack

The Defence Headquarters said troops arrested three terrorists at Damba community in Chikun Local Go…
Police order manhunt of killers of LP senatorial candidate

The Enugu State Commissioner of Police, Ahmed Ammani, has ordered the manhunt for the killers of the…
DSS recovers weapons, others at campaign office in Kano

The Department of State Services on Thursday said it recovered weapons from a property along Airport…
New naira policy has brought hardship to Nigerians – Lawan

The Senate President, Ahmad Lawan, has bemoaned the poor implementation of the naira redesign which …
FCT CP deploys 17,401 personnel for election security

The Commissioner of Police, Federal Capital Territory Police Command, Dr Sadiq Abubakar, has directe…
Fire razes 17 shops in Anambra market

A fire incident at the Timber Market, Umuokpu, Awka, Anambra State, destroyed no fewer than 17 shops…
Alleged forfeiture of property shows EFCC’s desperation — Kogi

The Kogi State Government has faulted the Economic and Financial Crimes Commission for reportedly co…
Wike, Makinde, other aggrieved govs to be sanctioned after polls—PDP

The National Working Committee of the Peoples Democratic Party sees the presidential elections as a …
Buhari directs security agencies to ensure free polls

The President, Major General Muhammadu Buhari (retd.), has directed all security agencies to ensure …
Nigeria’s GDP Drops To 3.1% In 2022, Says NBS

The National Bureau of Statistics on Wednesday said Nigeria recorded annual Gross Domestic Product g…
MINISTER RENEWS APPOINTMENT OF CHAIRMEN, MEMBERS OF THE BOARDS OF FCT AGENCIES

The FCT Minister, Malam Muhammad Musa Bello said President Muhammadu Buhari, on Tuesday 21st Februar…
NLC Asks Workers To Vote For Peter Obi, Other Labour Party Candidates

The Nigeria Labour Congress has declared its support for the presidential candidate of the Labour Pa…
Supreme Court fixes March 3 for judgement on new naira notes

The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023. Wi…
Former President Jonathan calls for violence-free elections

Ahead of next Saturday’s elections, former President Dr. Goodluck Jonathan has enjoined Nigerians to…
Northern group calls for election suspension

A northern group, Arewa Youth Assembly, on Tuesday, called for the suspension of the general electio…
Oil Production Rises Above 1.6 Million Barrels Per Day

Stakeholders in the Nigerian oil and gas industry have assembled to discuss the challenges of crude …
Minister counters NUPRC, blames theft for oil losses

The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Monday, insisted that crude o…
New naira: CBN to arrest, prosecute anyone spreading fake news

The Central Bank of Nigeria has threatened to investigate, arrest and prosecute anyone spreading fak…
Buhari arrives Lagos for APC campaign rally

President Muhammadu Buhari has arrived in Lagos State, Nigeria’s economic hub, to attend the final l…
Africa and Caribbean poised to make global capitalist economy work for them —AFREXIMBANK

he people of Africa and the Caribbean are poised to make the global capitalist economy, which was bu…
UN seeks increased finance for sustainable development

The United Nations has called for the urgent need for a significant increase in finance for sustaina…
Falana writes CBN, demands details of new naira notes distribution

Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nige…
Stock investors lose N281bn in one week

Stock investors lost N281bn at the end of trading on the floor of the Nigerian Exchange Limited last…
LCCI laments rising inflation, worsening poverty in Nigeria

The Lagos Chamber of Commerce and Industry has warned that the sustained rise in the general price l…
NEPC spearheads participation of 40 exhibitors at the Gambia International Trade Fair

The Nigerian Export Promotion Council (NEPC) in collaboration with the Small and Medium Enterprises …
2023 Election: PSC Deploys Officials To Monitor Police Conduct

A total of 360 members of staff of the Police Service Commission (PSC) have been scheduled for deplo…
Economic Confidential reveals facts, faces behind pre-election polls

Barely a week to the all-important presidential election in Nigeria, Economic Confidential has under…
FG Rallies Diplomatic Community To Boost Investment Inflows Into Nigeria

The Federal Government through the Nigerian Investment Promotion Commission is seeking the support o…
DYAF Empowers Women In Abuja IDP Camp With Relief Materials

Temitayo Okereji In a bid to ameliorate the sufferings of Internally Displaced People particularly w…
Accountant in ICPC Net over New Naira Notes Racketeering

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accou…
El-Rufai’s comment treasonable, says Datti Baba-Ahmed

The vice presidential candidate of the Labour Party, Datti Baba-Ahmed, has said comments made by the…
UN seeks $1bn to support Turkey’s earthquake victims

A Turkish soldier walks among destroyed buildings in Hatay after a 7.8-magnitude earthquake struck t…
High floods: 32 states, 178 LGAs at risk, says FG

The Federal Government, on Friday, announced that a total of 178 Local Government Areas in 32 states…
Only customers with N500,000 above will be attended to – CBN

The Kogi State branch of the Central Bank of Nigeria has ordered individuals with less than N500,000…
FMITI DEVELOPS ROADMAP FOR THE IMPLEMENTATION OF NATIONAL DEVELOPMENT PLAN

To facilitate the implementation of the country’s National Development Plan, the Ministry of Industr…
Police, Other Security Agencies to Deploy over 400,000 Personnel for Polls—-IG

Addressing a news conference at the State House, Abuja on Thursday, the IG said out of the number, t…
Buhari Departs Abuja for AU Summit in Addis Ababa

President Muhammadu Buhari is expected to depart Abuja for Addis Ababa, Ethiopia, on Thursday to par…
Abia PDP vice chairman resigns, says party a fraud

The Vice Chairman of the Peoples Democratic Party in Abia State, Chief David Chigbu, has resigned hi…
NEPZA, SEC Begin Process Of Listing Free Trade Zones On Nigeria’s Capital Market

The Federal Government is preparing the country’s business environment for greater prosperity and we…
Emefiele Meets With Bank MDs Over Buhari’s Directives On N200 Notes

The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday, said he had met with the …
Scores injured as police, youths clash in Bauchi

An unspecified number of people have been injured during a clash between youths and a team of Police…
Inflation soars to 21.82% amid naira redesign, high lending rate

Nigeria’s inflation soared to 21.82 per cent in January 2023, according to the National Bureau of St…
New naira: FG, CBN will act after Supreme Court ruling – Presidency

The Presidency has said that neither the Federal Government nor the Central Bank of Nigeria had take…
SEC DG Stresses Importance Of Investors’ Education

The Director General of the Securities and Exchange Commission Mr. Lamido Yuguda has enjoined the Ma…
NIPC, States To Increase Investment Inflows Into Nigeria

The Nigerian Investment Promotion Commission is strategizing with state governments to unlock invest…
Supreme Court adjourns hearing on naira crisis

The Supreme Court sitting in Abuja on Wednesday adjourned a hearing in the suit banning the use of t…
Naira Crunch May Cause $18m GDP Loss Per Month Says Rewane

The Chief Executive Officer, Financial Derivatives Company Limited, Mr. Bismarck Rewane h…
Buhari urges UAE president to lift blanket visa ban

President Muhammadu Buhari (retd.), on Tuesday, asked the President of the United Arab Emirates, She…
Ensure conducive atmosphere for elections, CoAS tells commanders

The Chief of Army Staff, Lieutenant General Faruk Yahaya, has directed all General Officers Commandi…
Boss Mustapha unveils presidential transition committee

The Secretary to the Government of the Federation, Boss Mustapha, has inaugurated the presidential t…
Falana knocks CBN for disobeying Supreme Court order on new naira note

Rights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Niger…
CBN to clamp down on naira sellers, PoS operators

As the currency redesign policy continues to generate confusion across the country, the Central Bank…
Nigerian Banks Safe, Sound, Says CIBN

The Chartered Institute of Bankers of Nigeria has reiterated the statement of the Central Bank of Ni…
DSS Invites Fani-Kayode Over Coup Comment

The former Minister of Aviation and spokesperson for the All Progressives Congress, APC, Presidentia…
Buhari To Unveil Police Operational Vehicles, Equipment Ahead 2023 Polls

The President, Major General Muhammadu Buhari (retd.), has arrived Louis Edet House, Force Headquart…
Tinubu’s Mistakes During Campaign Rallies Caused By Pressure–Pedro

A former Deputy Governor of Lagos State, Femi Pedro, has said gaffes made by the presidential candid…
SEC/NAIC to Partner on Commodities

The Securities and Exchange Commission has stated its readiness to partner with the Nigerian Agricul…
We have enough capacity to print new naira notes, says CBN

The Central Bank of Nigeria on Saturday faulted claims published by a section of the media that the …
Obi Condemns Attack On Supporters In Lagos,

The presidential candidate of the Labour Party, Peter Obi, has condemned attack on his supporters in…
SERAP Urges ICC To Probe Pre- Election Violence In Nigeria

Socio-Economic Rights and Accountability Project (SERAP), a civil advocacy group, has petitioned the…
NDLEA Arrests General Overseer Who Export Cocaine In Palm Oil Kegs

The General Overseer of Seraphic and Sabbath Assembly in Lagos, High Priest Nnodu Azuka Kenrick have…
2023 Election: FG Orders Closure Of Varsities

The regulatory agency for universities in Nigeria, the National Universities Commission has ordered …
FG orders oil marketers to accept POS transactions, bank transfers

The Federal Government, on Thursday, commenced the deployment of security agencies to filling statio…
We Can’t Fund New Agencies—FG

The Federal Government, on Wednesday, said it had no funds to finance the establishment of another a…
UN wants fuel scarcity, new Naira crisis address before election

Few weeks to the general elections, the United Nations Resident and Humanitarian Coordinator, Matthi…
Buhari establishes transition council

President Muhammadu Buhari has approved the establishment of a Presidential Transition Council to ov…
Only Three States Safe For Election–Group

CLEEN Foundation has said only two states and the Federal Capital Territory are presently safe for t…
Naira Redesign Push Online Transaction To N38trn

The Naira scarcity, caused by the Central Bank of Nigeria’s naira redesign and cash withdrawal polic…
Naira redesign: El-Rufai hails Supreme Court ruling

Kaduna State Government and millions of its residents welcome the ruling of the Supreme Court, exten…
IMF Advises CBN To Extend Deadline For Ban On Old Notes

The International Monetary Fund (IMF) has called on the Central Bank of Nigeria (CBN) to extend the …
Politicians, Voters, Biggest Threat To 2023 Polls–Jega

A former chairman of the Independent National Electoral Commission, Prof. Attahiru Jega, has identif…
Naira policy: CSOs storm CBN, protest Supreme Court order

The apex organisation of all civil society groups in Nigeria under the aegis of Civil Society Centra…
FG blames racketeers for rising fuel price, scarcity

The Federal Government on Wednesday said marketers who engage in racketeering activities are respons…
Buhari Meets Emefiele After Supreme Court Order On New Naira Note Deadline

President Muhammadu Buhari on Wednesday received the Governor of the Central Bank of Nigeria, Mr God…
Buhari Meet Emefiele Over New Naira Notes

Presudent Muhammadu Buhari on Tuesday, met with the leadership of the Nigeria Governors Forum and th…
UK Prosecutors Accuse Ekweremadu of Attempting to buy kidney for £7,000

A Nigerian senator and his wife plotted to bring a poor street trader to the UK to harvest his kidne…
Protesters block CBN entrance in Edo, demand new naira notes

A civil society group in Edo State, Edo Civil Society Group led by Comrade Agho Omobude on Tuesday b…
Insecurity May Threaten 2023 Census -NSA

The National Security Adviser, Major General Babagana Monguno, (retd) has expressed fear that the se…
Judge sets March 16 for Commencement of Trial of Ponzi scheme operators

Justice Zainab Abubakar of the Federal High Court, Court 4, Abuja has set March 16, 2023 for the com…
GWARIMPA BUILDING COLLAPSE: FCTA, FHA SET UP TECHNICAL TEAM

The Federal Capital Territory Administration, FCTA and the Federal Housing Authority, FHA, have set …
Court Stops Buhari, CBN From Shifting Naira Redesign Deadline

Justice Eleoje Enenche of a High Court at the Federal Capital Territory in Abuja on Monday restraine…
FG Unveils Tractor Initiative To Boost Commercial Agriculture

The Federal Government through the Ministry of Agriculture and Rural Development (FMARD) has reveale…
FG Raises N742.5bn From Sukuk Bonds In Five Years

Between 2017 and 2022, the Federal Government has raised the sum of N742. 56bn from the issuance of …
Nigeria, Egypt Agree To Protect Consumers, Businesses From Unfair Trade Practices

Temitayo Okereji Nigeria has signed a Memorandum of Understanding with Egypt to promote trade fairne…
Many trapped as shopping mall under construction collapses in Abuja

Seven persons have been rescued from rubbles of a collapsed three-storey building under construction…
Rating Agencies Lack Full Understanding Of Our Economy—FG

The Federal Government on Thursday said it received with shock the report of an international rating…
SEC Steps Up Investor Education To Tackle Capital Market Fraud

Temitayo Okereji The Securities and Exchange Commission has restated its commitment to continue to e…
CBN Directs Banks To Pay New Naira Notes To Customers Inside Banking Halls

Temitayo Okereji The Central Bank of Nigeria on Thursday finally bowed to pressure from Nigerians an…
CAC, NAICOM To Intensify Fight Against Money Laundering

The Corporate Affairs Commission (CAC) and the National Insurance Commission (NAICOM) will partner t…
FCT MINISTER COMMENDS AFREXIMBANK BOSS FOR CONTRIBUTION TO FCT HEALTH SECTOR

The FCT Minister, Malam Muhammad Musa Bello, CON, has reiterated the desire of President Muhammadu B…
NACCIMA Wants Inclusion Of Private Sector Operators In FG’s National Council For Digital Innovation

Temitayo Okereji The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture h…
FG, Uni-Abuja, ACCI commend NEPZA over proposed SEZ’s initiatives

The Federal Government has said that the Nigeria Export Processing Zones Authority’s (NEPZA) acceler…
BUHARI APPOINTS SEGUN AWOLOWO AS SECRETARY, NATIONAL ACTION COMMITTEE ON AFCFTA

President Muhammadu Buhari has approved the appointment of Mr. Olusegun Awolowo as the Secretary, Na…
80% of imports must pass through scanners – Customs

The Nigeria Customs Service has accused terminal operators and clearing agents of undermining the ne…
DSS Goes After Bank Officials Selling New Naira Notes

On Monday, the Department of State Services (DSS) revealed that some staff members of commercial ban…
ECOWAS approves fresh policies for regional electricity market

he Economic Community of West African States Regional Electricity Regulatory Authority has approved …
Buhari Commissions 10MW Solar Power Project To Boost Kano Industrialisation

Temitayo Okereji President Muhammadu Buhari has commissioned the 10 Megawatt Kano Solar Power Projec…
Osun Election Tribunal Sacks Gov. Adeleke

The Osun Election Petition Tribunal on Friday in Osogbo, Osun capital, sacked PDP’s Governor Ademola…
VANDALISM: SECURITY COMMITTEE SEEKS RESIDENTS COOPERATION TO STEM TIDE

Residents of the Federal Capital Territory have been urged to cooperate with security agencies to cu…
Buhari inaugurates Lagos Blue Rail Line

President Muhammadu Buhari on Tuesday inaugurated the first phase of the Lagos Blue Rail Line. This …
Soldiers kill three bandits, rescue 16 kidnap victims

Troops of Operation Forest Sanity have rescued 16 kidnapped victims, killing three bandits in separa…
Buhari appoints ex-IG Arase as PSC chairman

President Muhammadu Buhari has requested the Senate to confirm the appointment of the former Inspec…
NEPC rejigs its operational activities to meet FG’s Medium-Term Development Plan 2020 – 2023

In line with the Federal Government’s Medium-Term Development Plan, the Nigerian Export Promotion Co…
Deep Sea Port completion indicates FG’s effective policy implementation, says NEPZA Boss

The Nigeria Export Processing Authority (NEPZA) has said that the completion of the Deep-Sea Port in…
Harness Northern Region’s Resources To Address Our Economic Challenges, Arewa Renewal Forum Tells Politicians

The Arewa Economic Renewal Forum has called on the administration that will succeed President Muhamm…
MRA’s Office Burgled, Valuables worth Millions of Naira Stolen

Media Rights Agenda (MRA) announced today that its office in Lagos was burgled and ransacked over th…
Suspected terrorists kill three, abduct three in Niger

Suspected terrorists have killed three persons and abducted another three in an attack on Kuta town …
FIRS Breaks 2021 Tax Revenue Record, Collects N10.1trn In 2022

The Federal Inland Revenue Service (FIRS) has announced that it collected over N10trn in tax revenue…
NAFDAC destroys tramadol, others worth N95bn

Director General, National Agency for Food and Drug Administration and Control, Prof. Mojisola Adeye…
2023 ELECTIONS: FCT MINISTER PLEDGES SUPPORT FOR INEC

The Minister of the FCT, Malam Muhammad Musa Bello has pledged the support of the FCT Administrati…
Five killed, one kidnapped, as gunmen invade Bauchi community

Gunmen have invaded the Gambar Sabon Layi community in the Tafawa Balewa Local Government Area of Ba…
NDLEA intercepts cocaine, skunk consignments from Brazil, Canada

Efforts by drug cartels from Brazil and Canada to bring 126.95 kilograms of cocaine and skunk concea…
WTO Provides Nigeria, Others With $3.81m To Boost AfCFTA Implementation

The World Trade Organisation has spent $3.81m to help African countries build their capacities to im…
Nigerians To Pay Fees As CBN Introduces Cash Swap Policy For New Notes In Villages, Others

The Central Bank of Nigeria has launched a cash swap policy in villages and financially included are…
Do Everything To Revive Textile, Garment Sectors, Stakeholders Tell Government

Stakeholders in the Cotton, Textile and Garment sectors of the Nigerian economy have called on the g…
Hope Behind Bars, Legend Golden Care Foundation Unveil Initiative For Speedy Dispensation Of Justice

Ebuka Daniel Two organizations, Hope Behind Bars Africa and Legend Golden Care Foundation, have unve…
NAIRA REDESIGN: BUHARI MEETS EMEFIELE AT PRESIDENTIAL VILLA

President Muhammadu Buhari on Thursday met with the Governor of the Central Bank of Nigeria, M…
FG generated N14.59bn as revenue from licences in five years

The federal government, through the Nigeria Mining Cadastre Office, says it generated N14.59 billion…
UN Seeks Urgent Action to Save Children from Acute Malnutrition in 15 Countries

The United Nations agencies have raised the alarm on the need for urgent action to protect the most …
FG Considering Capitation Fund to Cater for Emergency Interventions in Hospitals–Irukera

The Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission …
324 die, 1,706 injured in Kogi road crashes – FRSC

The Federal Road Safety Corps has disclosed that a total of 324 persons died and 1,706 others sustai…
CBN to sanction banks hoarding new naira notes

The Central Bank of Nigeria has vowed to sanction any commercial bank found hoarding the new naira n…
Trade Between Nigeria, China Hits $26bn

Trade Between Nigeria and China is is set to increase in the 2023 fiscal period and beyond as the Ni…
NESG Projects 37% Unemployment, 45% Poverty Rate For Nigeria In 2023

The Nigerian Economic Summit Group (NESG), an association of organised private sector, has projected…
Customs intercept cannabis worth N516m in Lagos

The Customs Strike Force, Team A, Ikeja, has said that it intercepted 5,124 kilograms of Cannabis Sa…
ISB Game Changer for Commodities Ecosystem- Akeredolu-Ale

The Investments and Securities Bill has been described as a game changer that is capable of enabling…
Nigeria exported cotton lint worth N29.9bn in 2022

The President of the National Cotton Association of Nigeria, NACOTAN, Anibe Achimugu said the Nigeri…
Russia-Ukraine War: European Union Turns To Nigeria, Other African Countries For Energy Supply

The prolonged dispute between Russia and Ukraine has forced the European Union to diversify its depe…
Microsoft plans sacking of more employees

Microsoft is readying to cut more positions from its global workforce as tech giants continue reduci…
15% of low-income countries in debt distress – IMF

he International Monetary Fund has said about 15 per cent of low-income countries are already in deb…
Oil blocs licensing will end in April –FG

The Federal Government, on Monday, announced that the licensing round for seven deep offshore open o…
Kanu files N20bn suit against Malami

The leader of the Indigenous People of Biafra, Nnamdi Kanu, has sued the Attorney-General of the Fed…
Gates Foundation to spend $8.3bn in fighting poverty

The Bill & Melinda Gates Foundation has said it will spend $8.3bn to continue its work fighting …
FG Seeks Private Sector ‘s Support To Growing Cotton Industry

The Federal Government has called for support from the private sector to developing the growth of th…
FG begins minimum wage review

The National Salaries Incomes and Wages Commission says it has initiated process for the review of t…
FG Launches Special Software For Determination Of New Revenue Allocation Formula

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is set to roll out a proprietary s…
World Bank Lists Nigeria Among Countries With Acute Food Insecurity

Nigeria may be set for one of its worse food crisis as the World Bank has listed the continent’…
Non-oil export: Nigeria records $4.820 bn in 2022 – NEPC

The Executive Director/ CEO of the Nigerian Export Promotion Council (NEPC) , Dr Ezra Yakusak, has r…
Housekeeper ‘Steals’ $400 In Abuja

The Police on Thursday, arraigned a 25-year-old House Keeper. Godwin Yakubu before a Kado Grade 1 Ar…
Fish out bandits who killed 7 NSCDC officers – Buhari to Nig Army

President Muhammadu Buhari has directed the Nigerian armed forces to ensure bandits who killed seven…
CBN Urges Nigerians To Respect Redesigned Naira Notes

The Central Bank of Nigeria has urged Nigerians to accept, use and respect the redesigned Naira note…
Poor Condition In Niger-Delta Unaccpetable–Ayu

The National Chairman of the Peoples Democratic Party, Iyorchia Ayu, on Wednesday lamented the poor …
Those Criticizing Buhari Are Ignorant–Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, has lashed out at critics who claimed the adm…
Boko Haram Planned To Destroy Nigeria–Buhari

President Muhammadu Buhari on Wednesday, described the Boko Haram group and its attendant ideology —…
FG Approves N4.7bn for 219 TETFund Research Grants

The federal government has approved the sum of N4,736,782,352.21 for the award of 219 research grant…
US resumes flight operations after system crash

The United States Federal Aviation Administration has said that it has lifted a ground stop that bro…
Kukah is a vigorous fighter — Buhari

President Muhammadu Buhari has described the Catholic Bishop of Sokoto Diocese, Matthew Kukah, as a …
ISB Aims To Inspire Confidence – Lawmaker

The provisions of the Investments and Securities Bill recently passed by the House of Representative…
CBN To Monitor Banks Compliance To New Naira Note Disbursement

Victoria Onu The Central Bank of Nigeria will be monitoring commercial banks to ensure that they com…
Lassa fever kills medical doctor in Nasarawa

Ebuka Daniel A Nasarawa State medical doctor, Dr Ahmed Isaiah, has died from Lassa fever at the Nati…
Why Rehabilitation Of PH Refinery Is Delayed—NNPC

Temitayo Okereji The Federal Government has said the Port Harcourt Refinery, which was initially sch…
Job Of Nigeria’s President Not A Retirement Loan–Obi

The presidential candidate of the Labour Party, Mr. Peter Obi, on Tuesday, said the presidency of Ni…
Don’t Panic, 2023 Elections Will Hold Next Month, FG Assures Nigerians

The Minister of Information and Culture, Lai Mohammed on Tuesday said the 2023 elections will be hel…
I Have Fulfilled My Promise To Tackle Terrorists, Stabilize Economy—Buhari

Temitayo Okereji President Muhammadu Buhari has said that “God has helped” his regime to “clear Boko…
We Are Doing Everything To Secure Release Of Edo Train Attack Victims—NRC

The Managing Director Nigerian Railway Cooperation, Fidet Ohkiria, on Tuesday disclosed that the att…
Insecurity: 2023 election faces cancellation threat— INEC

he Independent National Electoral Commission has raised the alarm over the rising security situation…
Gunmen kidnap former Edo lawmaker

A former Edo State House of Assembly member, Festus Edughele, was kidnapped on Monday morning by sus…
Prudential Returns Compliance level boosted by 96% in 2022- SEC

The Securities and Exchange Commission has stated that it has continued to employ its compliance too…
CBN cash withdrawal limit begins today

The Central Bank of Nigeria’s policy on restriction on daily cash withdrawal takes off across the co…
ITF DG Bags Leadership Newspapers 2022 Person Of The Year Award

The Director-General and Chief Executive of the Industrial Training Fund (ITF), Joseph Ari, has been…
We didn’t take INEC chairman to court —DSS

The Department of State Services has refuted assumptions that the service is in court with the Chair…
13 A’Ibom fuel stations sealed for pump price hike

The Nigerian Midstream and Downstream Petroleum Regulatory Authority on Friday, sealed 13 fuel stati…
Civil servants’ full allowances to be paid this January – Ngige

The Minister of Labour and Employment, Dr Chris Ngige, has said federal civil servants will start ge…
FG advises undocumented Nigerians to leave Equatorial Guinea

The Federal Government has advised undocumented Nigerians in Equatorial Guinea to return to the coun…
Kogi hails DSS for arresting Okene explosion masterminds

The Kogi State Government on Thursday commended the Department of State Security for arresting the m…
Buhari orders security agencies to end crude oil theft

With crude oil theft and pipeline vandalism in the Niger Delta region assuming unprecedented di…
LATE ETSU OF KWALI WAS PASSIONATE ABOUT EDUCATION, HEALTH – FCT MINISTER

The Minister of the FCT, Malam Muhammad Musa Bello has described the late Etsu of Kwali HRH Alh. Sha…
Premium Pension hits N1tr in AUM

In a proof of its doggedness, Premium Pension Limited, one of the first seven Pension Fund Admi…
NNPC denies exporting 17.87m barrels of oil without documentation

The Nigerian National Petroleum Company Limited NNPCL has denied allegations that it…
Revenues from Niger-Delta squandered in Abuja, Dubai, US, others—NADDC Chairman

The Chairman, Governing Board of the Niger Delta Development Commission, Lauretta Onochie, has decri…
Sowore Faults FG’s Plan To Remove Fuel Subsidy

The presidential candidate of the African Action Congress, Omoyele Sowore, has said Nigerians are be…
Military begins payment of ex-servicemen allowance

The Military Pensions Board said it has commenced the payment of the owed Security Debarment Allowan…
Anambra police nab six robbers, recover vehicles

The Anambra State Police Command has arrested a six-man robbery gang terrorising the Nkpor/Ogidi com…
NFIU Bans Cash Withdrawals From Govt Accounts

The Nigeria Financial Intelligence Unit has banned cash withdrawals from accounts belonging to the F…
25 Investors Applied For Polaris Bank Take-Over, Says CBN

The Central Bank of Nigeria has reacted to the claims of fraudulent transactions in the sale of Pola…
Over N6trn Lost To Tax Waivers In 12 Months, Says Finance Minister

The Federal Government lost the sum of N6trn to various tax incentives and waivers under the Pioneer…
EFCC secures 3,785 convictions in 2022

The Economic and Financial Crimes Commission has said that it secured a total of3,785 convictions ac…
Keep Up The Fight Against Crime In FCT, Minister Tells Police

The Minister of the Federal Capital Territory, Malam Muhammad Musa Bello has charged the new A…
FG Budgets N3.36trn For Payment Of Petrol Subsidy

Temitayo Okereji The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed …
FG Generated N6.50trn Revenue In 11 Months, Says Finance Minister

Temitayo Okereji The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has disclo…
SEC Expresses Worry Over Proliferation Of Illegal Operators

The Securities and Exchange Commission has stated that the persisted proliferation of operators runn…
LCCI predicts CBN may hike MPR to 17% this month

The Lagos Chamber of Commerce and Industry (LCCI) has tipped sectors like manufacturing, agriculture…
New COVID-19 variants not in Nigeria – NCDC

The Nigeria Centre for Disease Control and Prevention has said that the COVID-19 Omicron sub-lineage…
Police IG Stops Indiscriminate Transfer Of Corruption Cases

The Inspector General of Police (IGP) has streamlined the investigation processes in the Police Forc…
No One Has Right To Lord Over Others –Tinubu

The presidential candidate of the ruling All Progressives Congress, Asiwaju Bola Tinubu, has urged N…
Oil Prices Fall On First Trading Day Of 2023

Oil prices fell on the first trading of the year on demand concerns as the International Monetary Fu…
FIRS Simplifies Tax Clearance Certificate Issuance With TaxPro Max Solution

The Federal Inland Revenue Service (FIRS) has announced that taxpayers can now get their Tax Clearan…
NEPZA hails NACCIMA President’s elevation to ICC World Chambers

The Nigeria Export Processing Zones Authority (NEPZA) has described the appointment of the President…
ISB Will Transform Capital Market, Boost Investors’ Confidence – Ibrahim

The Investments and Securities Bill has been described as capable of transforming the capital market…
Buhari Signs Last Budget As Nigeria’s President

President Muhammadu Buhari has signed the 2023 Appropriation Bill into law. Buhari signed the 2023 t…
Senator doubtful over NMFB’s ability to recover N500 billion COVID-19 loan

The Chairman, Senate Committee on Ethics, Privileges and Public Petitions, Senator Ayo Akinyelure, h…
Revised Master Plan will Reposition Capital Market- SEC

The Revised Capital Market Master Plan 2015-2025 (RCMMP), developed by the Securities and Exchange C…
Gbajabiamila needs to apologise to ASUU – Falana

The lead counsel for the Academic Staff Union of Universities and Senior Advocate of Nigeria, Femi F…
Three die, 12 injured in Delta auto crash

Three persons have reportedly died in a road accident along the Ubulu-Okiti area of the Benin-Asaba-…
Sanwo-Olu, IGP meet over prosecution of killer cops

The Lagos State Governor, Babajide Sanwo-Olu, on Thursday, met with the Inspector-General of Police,…
Flooding Major Agric Sector Challenge This Year–Governors

The Nigeria Governors’ Forum has described the 2022 farming season as a serious nightmare for most f…
Afenifere Faults NAICOM Over 200% Insurance Premium Hike

The pan-Yoruba socio-political organization, Afenifere, has berated the leadership of the National I…
No Rift Between Me And Yahaya Bello–Kogi Deputy Governor

Kogi State Deputy Governor, Edward Onoja, has said there is no rift between him and his boss, the Go…
Raheem: IGP recommends suspension of Lagos killer cop

The Inspector-General of Police, Usman Baba, has recommended the immediate suspension of an Assistan…
Reps pass 2023 budget, raise spending to N21.8tn

The House of Representatives has finally passed the 2023 Appropriation Bill, raising the total estim…
NABTEB results valid for tertiary institution admission — Minister

The Minister of Education, Malam Adamu Adamu, has said that the National Business and Technical Exam…
Accident claims 10, injures 6 on Lagos-Ibadan Expressway

An accident involving a commercial bus on the Lagos-Ibadan Expressway on Tuesday has claimed 10 live…
Food prices rise further in November – NBS

The National Bureau of Statistics said that prices of selected food items increased in November. Thi…
World Bank Urges CBN To Review RT-200 FX Policy

According to the global bank, this policy has created an additional foreign exchange window further …
Investigate fuel subsidy scam, NECA tells FG

The Nigeria Employers’ Consultative Association has charged the Federal Government to unravel the sc…
Obi appoints Obasanjo’s ex-aide Osuntokun as new campaign DG

The presidential candidate of the Labour Party, Peter Obi, on Tuesday announced Akin Osuntokun, a fo…
Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean

Cairo, Egypt, 26 December 2022 – The Board of Directors of African Export-Import Bank (Afreximbank) …
Imposition of war-risk insurance on all Nigerian-bound cargoes deadly blow to our economy—NIMASA

The Nigerian Maritime Administration and Safety Agency has attributed the high cost of foodstuff in …
FG announces mini-bid round, eyes new modular refineries

The Federal Government, through its Nigerian Upstream Petroleum Regulatory Commission, on Wednesday …
Reps Grill CBN Deputy Governor On New Naira Notes

The Deputy Governor of the Central Bank of Nigeria (CBN), Aishah Ahmad has said that 500…
Buhari seeks fresh N819bn loan, domestic debts hit N22.57tn

Nigeria’s domestic debt rose to N22.57tn as the Federal Government on Wednesday proposed a las…
Why NASS failed to pass 2023 budget – Lawan

The Senate President, Ahmad Lawan, has explained the reasons why the National Assembly failed to pas…
Buhari Launches App To Track Capital Projects Execution

President Muhammadu, on Wednesday, launched the National Monitoring and Evaluation platform, the “EY…
FG To Toll 2nd Niger Bridge

The Minister of Works and Housing, Babatunde Fashola, has said that the temporarily opened Second Ni…
Again, London Court Denies Ekweremadu Bail

The Central Criminal Court, London, otherwise known as the Old Bailey, has once again, denied former…
Nigeria’s oil production to hit 3m bpd soon – Minister

With the battle against crude oil theft and pipeline vandalism yielding positive results, the Minist…
Domestic Airlines Warn Of Flight Delays, Cancellation

Domestic airlines have warned passengers to expect flight delays and cancellations during the y…
Politicians Behind Plot To Arrest Emefiele

Joseph Hayab, chairperson of the Kaduna chapter of the Christian Association of Nigeria (CAN), has e…
Nigeria’s Debt Service-to-Revenue Ratio at 83.0% Worrisome–Experts

Following the recent disclosure by the Debt Management Office (DMO) on Nigeria’s Debt stance, analys…
Atiku Donates N50m to Victims of Banditry in Katsina

The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has donated…
FG Reaps $547m from 5G Spectrum Auction

President Muhammadu Buhari has disclosed that auctioning of the 5G spectrum generated $547 million i…
MTN shareholders approve 7.5 billion shares cancellation

In a bid to beat the December deadline, the shareholders of MTN Nigeria Plc have approved the cancel…
Senate confirms Onochie, others’ NDDC board appointments

The Senate has confirmed the appointment of the president’s Special Assistant on New Media, Lauretta…
Reps probe illegal 48 million barrels oil sales

The House of Representatives has resolved to constitute an ad hoc committee to investigate a whistle…
(PHOTO) WTO General Council Fixes Date For Ministerial Meeting

The General Council of the World Trade Organisation (WTO) held its last meeting of 2022 Monday, 19th…
Labour Party Campaign DG Doyin Okupe Bags 2 Years Imprisonment

The Federal High Court, Maitama, Abuja has passed its verdict on the Director-General of the Labour …
Nigeria’s foreign portfolio records $2.08bn shortfall

Nigeria’s foreign portfolio equity recorded a $2.08bn shortfall between 2010 and 2021 amid an unfavo…
NEMSA inspects 15,931 power projects, certifies 10,692

The Nigerian Electricity Management Services Agency, a safety enforcement agency of the Federal Gove…
Those alleging that Twitter did not negotiate with Nigeria economical with the truth—FG

The Minister of Information and Culture, Lai Mohammed, on Monday, disclosed that Twitter negotiated …
Twitter Users Vote Against Elon Musk As CEO

Elon Musk seemed destined to quit running the affairs of Twitter Monday after around 10 million user…
What INEC will do if BVAS fails – Commissioner

The Independent National Electoral Commission has said it has plans should the Bimodal Voter Registr…
Agricultural practices can halt youths’ emigration – Minister

The Minister of State for Science, Technology and Innovation, Chief Henry Ikoh, has said that the ad…
‘Our country is lucky to have this great man’–Tinubu Celebrates Buhari At 80

The All Progressives Congress presidential candidate, Bola Tinubu, on Friday, sent a congratulatory …
Presidential jets underfunded – Commander

The Commander, Presidential Air Fleet, Air Vice Marshal Abubakar Abdullahi, has decried the maintena…
INEC Suffered 50 Attacks In 15 States Ahead Of 2023 Election, Yakubu Tells Reps

Professor Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC), has reve…
FG declares December, 26th, 27th, 2022 and January 2nd, 2023 public holidays

The Federal Government has declared Monday, 26th and Tuesday 27th December 2022 as well as Monday, 2…
NPA, NIMASA charging oil marketers in dollars – Rep

A member of the petroleum committee in the House of Representatives, Sergius Ogun, has disclosed how…
ACCI Decries Inflationary Impact On Businesses, Consumers

The Abuja Chamber of Commerce and Industry, ACCI, has expressed concern over the spike in Inflationa…
Court Refuses Motion Seeking to Stop CBN’s Cash Withdrawal Limit

Justice Chizoba Oriji of a High Court of the Federal Capital Territory (FCT) in Maitama has refused …
Companies, individuals owe FG N5.2tn – Minister

The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has revealed that the Federal …
Inflation Hits 21.7%—NBS

Nigeria’s inflation has hit another record as prices rose to 24.47 per cent in November. This is acc…
Agriculture is a major target for Nigeria’s Diversification–Katagum

Improving the Nigerian economy places a high premium on increasing agricultural investments and fost…
Abuja train crash victim dies, police begin probe

The Federal Capital Territory Police Command has commenced an investigation into the Thursday mornin…
I Inherited N407.32 Billion Debt From Oyetola Administration— Adeleke

Governor Ademola Adeleke on Thursday declared that he inherited N407.32 billion debt from the admini…
SEC to Re-build e-dividend Platform

The Securities and Exchange Commission has stated that efforts are ongoing to rebuild the E-Dividend…
Sugar sector attracts $3bn investments in 10 years, says Adedeji

The Executive Secretary, National Sugar Development Council (NSDC), Mr. Zacch Adedeji, says the nati…
Shareholders Approve Dangote Cement’s Share Buy-Back

The shareholders of Dangote Cement Plc, yesterday in Lagos unanimously approved …
Police Threaten To Sanction, Prosecute Politicians Indulging In Act Of Electoral Violence,

As the next year general election approaches, the Nigeria Police Force yesterday warned that any pol…
Senate Refers NDDC Board Nominees to Committee

The Senate yesterday referred to its Committee on Niger Delta Affairs, the request of President Muha…
Bank of Industry, IFC Partner to Empower MSMEs

The International Finance Corporation (IFC) and the Bank of Industry (BoI) have partnered …
You Are A Patriotic Democrat, Gbajabiamila Salutes Wike At 55

The Speaker of the House of Representatives Hon. Femi Gbajabiamila has rejoiced with the Governor of…
Lagos man bags life imprisonment for defiling minor

A man, Kazeem Adedayo, has been sentenced to life imprisonment by Justice A. Soladoye of the Special…
Senate passes NCC’s N559bn budget

The Senate, at a plenary on Tuesday, passed the 2023 budget of the Nigerian Communications Commissio…
CBN Funds Manufacturing, Others With N9,7trn

The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria, Aishah A…
Boko Haram Nurtured By PDP Govt—FG

The Minister of Information and Culture, Lai Mohammed, has blasted the presidential candidate of the…
Stakeholders Advocate Reduction In WAEC, NECO Fees

By Oluwatosin Adiyan Stakeholders in the education sector have cried to the federal government for d…
End petrol scarcity within one week, Reps tell NNPC

The House of Representatives has called on the Nigerian National Petroleum Company Limited to ensure…
Tinubu Is Not From Lagos, Bode George Claims

A chieftain of the Peoples Democratic Party, Chief Bode George, has said that the presidential candi…

A Turkish soldier walks among destroyed buildings in Hatay after a 7.8-magnitude earthquake struck t…

The Federal Road Safety Corps has disclosed that a total of 324 persons died and 1,706 others sustai…

In a proof of its doggedness, Premium Pension Limited, one of the first seven Pension Fund Admi…

Three persons have reportedly died in a road accident along the Ubulu-Okiti area of the Benin-Asaba-…

The pan-Yoruba socio-political organization, Afenifere, has berated the leadership of the National I…

An accident involving a commercial bus on the Lagos-Ibadan Expressway on Tuesday has claimed 10 live…

The Federal Capital Territory Police Command has commenced an investigation into the Thursday mornin…

President Muhammadu Buhari has approved the disbursement of the $350m Cabotage Vessel Financing Fund…

Three persons have been confirmed dead and others critically injured in multiple accidents in the Ug…

No fewer than 17 passengers were killed in a fatal road crash in the early hours of Tuesday along th…

NEPC spearheads participation of 40 exhibitors at the Gambia International Trade Fair