The Commerce Africa African Reneissance
Twitter Board Endorses Musk’s $44 Billion Deal
The board of Twitter has unanimously endorsed Elon Musk’s $44 billion acquisition deal and rec…
NAICOM, NCDMB urges stakeholders to comply with oil & gas content development
The National Insurance Commission (NAICOM) and Nigerian Content Development and Monitoring Board (NC…
UK Organization commends Nigerian Maritime Agencies on synergy.
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir J…
NAICOM Inaugurates 15-Man Insurance Industry Committee On AfCFTA
The National Insurance Commission (NAICOM) today in Abuja inaugurated a fifteen-man Insurance indust…
NIMASA TO ENTRENCH HOME GROWN HUMAN CAPACITY DEVELOPMENT
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr Bashir Jam…
NCC Advices Nigerians On How To Protect Devices From Cyber Attacks
The Nigerian Communications Commission has advised Nigerians consumers to set antivirus on thei…
Kaduna Train Attack: FG Bows To Pressure Suspends Train Resumption
The Nigerian Railway Corporation (NRC) has suspended the resumption of train service scheduled for M…
College Of Insurance Supervisors To Develop Risk Based Supervision Framework For West African Countries
\ The Chairman of West African Insurance Supervisors Association, Mr Sunday Thomas, has highlighted …
Beware, Hackers Can Steal Your Car Through Remote Control, NCC Warns
Hackers have now found a means to compromise the security of vehicles by unlocking and starting thei…
FEC approves procurement of 52 operational vehicles for Civil Defence
The Federal Executive Council (FEC) at its weekly meeting Wednesday approved for the Nigeria Securit…
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Succour as FG engages lawyers for Ekweremadu
Senate President, Ahmad Lawan, has disclosed that the Nigerian High Commission in the United Kingdom…
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FG increases tax on cigarette, shisha to 30%
The Federal Government has increased tax on tobacco products including shisha by 30 per cent, a move…
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NDLEA Nabs 71 Drug Dealers, Convicts 21 in Niger
The National Drug Law Enforcement Agency (NDLEA), Niger State Command, has announced that it arreste…
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CBN, Bankers Committee Sensitises Lagos Markets on ENaira
In a bid to enhance the adaptation of eNaira the Central Bank of Nigeria (CBN) in collaboration…
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Mortgage Banking Association projects N1trn annual revenue target for FMBN
The Mortgage Banking Association of Nigeria, MBAN, has set a Ntrillion annual turnover for the Feder…
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N100 bribe: Rivers policeman bags death sentence for killing driver
A High Court in Port Harcourt, Rivers State, Tuesday, sentenced a dismissed policeman, James Imhalu,…
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Under utilisation of mineral resources, reasons for slow development – FG
The Minister of Mines and Steel Development, MMSD, Olamilekan Adegbite, has said that the under util…
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NDIC, ICPC, others partner on national anti-corruption strategy
In a move toward tackling institutional graft, the Chairman of the Nigeria Deposit Insurance Corpora…
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Naira depreciates further to N614/$ at parallel market
The Nigerian naira has dropped to N614 against the dollar at the parallel section of the foreign exc…
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TINUBU’S CERTIFICATE SAGA, A NON-ISSUE IF INEC’s RECORD IS EFFICIENT – UZODIMMA
The Imo State Governor, Hope Uzodinma, on Tuesday described the certificates controversy around the …
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NAICOM Cancels Licenses Of Niger Insurance, Standard Alliance Insurance
The National Insurance Commission, on Tuesday cancelled the Certificates of Registration of Niger In…
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WE ARE FIGHTING TO DEFEND, NOT TO KILL OUR PEOPLE -NNAMDI KANU
The leader of the Indigenous People of Biafra, IPOB, on Tuesday, granted an interview after one year…
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Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months – NNPC
The amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabi…
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Buhari jets to Portugal to receive National Honour
President Muhammadu Buhari will on Tuesday, depart Abuja on a State Visit to Portugal at the invitat…
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Police Arrest Suspected Killer Of Ahmed Gulak
Police authorities in Imo State say they have arrested one of the suspected killers of a chieftain o…
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FG To Reduce Housing Deficit Before May 2023
The Federal Government has vowed to considerably cut down the about 17 million housing deficits acro…
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We ‘ll Strengthen SEC To Reposition Nigeria’s Capital Market—FG
The Federal Government has said it would strengthen the Securities and Exchange Commission to reposi…
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AfDB approves Pharmaceutical Technology Foundation to transform Africa’s pharmaceutical industry
The African Development Bank’s Board of Directors has approved the establishment of the African Phar…
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Tinubu travels to France amid running mate controversy
The presidential flagbearer of the All Progressives Congress, Asiwaju Bola Tinubu, on Monday, left t…
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Buhari to swear in Justice Ariwoola as CJN
President Muhammadu Buhari is expected to swear in Justice Olukayode Ariwoola as the acting Chief Ju…
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ILL HEALTH, CRISIS IN SUPREME COURT FORCE TANKO’S RESIGNATION AS CJN
Indications have emerged that the Chief Justice of Nigeria, CJN, Tanko Mohammed, has resigned on the…
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Farmers/herders’ clash: FG to flag-off pasture development scheme
To put an end to the perennial clashes between herders and farmers, the Federal Government has resol…
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Banditry: Obtain guns to defend yourselves, Zamfara govt orders residents
The Zamfara State Government has directed residents of the state to obtain guns to defend themselves…
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HEDA Petitions EFCC, ICPC Buratai’s Alleged Abuse Of Office
Following the viral news (from reputable Media Organisations) on the burst and arrest of a part…
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Nigeria is a complex country to navigate through –Tinubu
The presidential candidate of the All Progressives Congress, Asiwaju Bola Tinubu, said on Satur…
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Buhari Seeks More Foreign Investments IN Agric, ICT, Others
President Muhammadu Buhari has declared that the huge investments made in the country by Nigerians i…
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NDLEA seizes N6bn worth of drugs in Lagos
The Apapa Area Command of the National Drugs Law Enforcement Agency said it seized 19,703.25 kgs of …
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Buhari Appoints Fasanya As SMEDAN DG
President Muhammadu Buhari has approved the appointment of Mr Olawale Tunde Fasanya as the new Direc…
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Successful investors to get marginal oil field licences Tuesday –FG
The Federal Government has announced that the successful investors in Nigeria’s 57 marginal oil fiel…
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Anxiety as fuel scarcity lingers in Abuja, other states
By Patrick Wemambu Queues of motorists struggling to purchase premium motor spirit, popularly called…
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FAAC SHARES N680.783 BILLION MAY 2022 REVENUE TO FG, STATES AND LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N680.783 Billion May 20…
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Supreme Court strikes out Buhari, Malami’s suit against Section 84(12) of Electoral Act
The Supreme Court, on Friday, struck out the suit voiding the provisions of Section 84 (12) of…
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CBN Faults Misleading Report on Payment of Overseas Tuition
The Central Bank of Nigeria (CBN) has faulted reports in media circles suggesting that the payments …
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eNaira, Africa’s Gateway to a Digital Economy—CBN
Registration for the eNaira hackathon, geared towards ideating innovative solutions for the newly la…
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Bandits release 29 Zamfara cellphone sellers
Bandits have released the 29 members of the Nigeria Cellphone Sellers and Repairers Association, Zam…
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Nigeria’s revenue from train services increased by 199% in one year
The Nigerian Railway Corporation (NRC) says it generated N6.08 billion revenue from passengers, carg…
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NCDC records 74 cholera deaths, 2,339 suspected cases
The Nigeria Centre for Disease Control said no fewer than 74 persons have been reportedly killed by …
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EVELYN URGES FMITI STAFF TO DISCHARGE DUTIES WITH ALL SENSE OF RESPONSIBILITY
The Permanent Secretary of Industry, Trade and Investment, Dr. Evelyn Ngige has urged the Staff of t…
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Bandits release abducted Plateau monarch after three days
The paramount ruler of Panyam, in the Mangu Local Government Area of Plateau State, His Royal Highne…
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Probe Supreme Court Justices corruption allegations against CJN, HURIWA urges NJC, CCT
Civil rights advocacy group, Human Rights Writers Association of Nigeria, has called on the National…
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UK police charge two Nigerians for alleged organ harvesting plan
The United Kingdom Metropolitan Police have formally charged two Nigerians with conspiracy to facili…
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MERGER TALKS : PETER OBI IN SECRET MEETING WITH GOV WIKE
The Presidential Candidate of the Labour Party, Peter Obi on Wednesday met the Rivers State Governor…
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ASUU’ll call off strike soon, says Ngige
The Federal Government on Wednesday said the ongoing strike by the Academic Staff Union of Universit…
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Atiku raises team to woo Wike, Rivers gov’s camp adamant
The Peoples Democratic Party presidential candidate, Atiku Abubakar, has set up a commit…
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States to lose N19bn in oil, gas revenues in 2022 – World Bank
The World Bank has said that Nigerian states will likely lose N18.8bn in oil and gas revenues in 202…
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FG To Boost Cocoa Exports To Taipei, Others
The Commissioner, Nigeria Trade Office in Taiwan Mr Ibrahim Ahmed has said that the federal governme…
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Buhari nominates seven new ministers, sends list to Senate
President Muhammadu Buhari has nominated seven persons for screening and confirmation by the Senate …
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FG To Empower 12,000 Public Servants With Financial Literacy Skills
The Federal Government has unveiled plans to empower at least 12,000 junior civil servants under the…
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Govt schemes’ll impact Nigerians if professionals play active roles – Osinbajo
The Vice President, Prof Yemi Osinbajo, has stated that government plans and policies would impact s…
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Twitter Board Endorses Musk’s $44 Billion Deal
The board of Twitter has unanimously endorsed Elon Musk’s $44 billion acquisition deal and rec…
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Nigeria needs to improve negotiations to curb IFFs – ICPC
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof…
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Buhari defends Emefiele’s ‘unorthodox’ policies, says it’s alternative economic model
Again, President Muhammadu Buhari has expressed a vote of confidence in Godwin Emefiele, governor of…
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Nigeria Records Best Performance In Global Budget Survey
Nigeria posted its best performance in the Open Budget Survey, improving by 24 points for transparen…
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Statutory delegates: Reps’ move to override Buhari suffers setback
A move for the House of Representatives to override the President Muhammadu Buhari on Section 84 (8)…
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Profit-taking hits Nigeria’s stock market as investors lose over N700bn
With the rout hitting global markets, Nigeria’s stocks headed south last week in bearish raid a…
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We Must Take Advantage Of Energy Crisis To Boost Gas Export To Europe – Sylva
Minister of State, Petroleum Resources, Mr Timipre Sylva, has charged hydrocarbon-rich African natio…
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Commuters stranded as fuel scarcity hits Lagos, other states
Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial veh…
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Tinubu: Sanwo-Olu orders probe into attack on journalists
Lagos State Governor Babajide Sanwo-Olu has ordered an investigation into Sunday’s attack on a bus c…
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Apapa port rail track ready in two weeks, says FG
The Minister of State for Transportation, Senator Gbemisola Saraki, Monday, assured Nigerians that t…
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2023: How Obi, Tinubu, Atiku, Others Can Substitute Running Mates–INEC
The Independent National Electoral Commission, INEC, said vice presidential placeholders could untie…
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Sanctioned Russia becomes China’s main source of oil
Customs data showed Monday that China ramped up crude oil imports from Russia in May, helping to off…
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Afreximbank Appoints Nigeria’s Kanayo Awani Executive Vice President
The African Export-Import Bank (Afreximbank) on Momday in Cairo announced the appointment of Kanayo …
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Appoint Me As Interim President In 2023, Okotie Begs Buhari
The Founder of Household of God Church, Reverend Chris Okotie, has asked political parties’ presiden…
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TRADE MINISTERS ADOPT 10 DECISIONS AT THE WTO 12TH MINISTERIAL CONFERENCE
Trade Ministers from Member countries of the World Trade Organization adopted Ten (10) decisions / …
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Dangote Sugar Refinery Rewards Shareholders N12.15bn Dividend
Dangote Sugar Refinery Plc has rewarded shareholders of the company a dividend payout of N12.15billi…
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Zamfara declares five work-free days for voter registration
Governor Matawalle of Zamfara State has declared June 20th to 24th, 2022 as a work-free week to enab…
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NLC offers free medical services to Abuja community residents
Nigeria Labour Congress, in partnership with the International Labour Organisation, offered free med…
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Report Anyone Damaging Road Infrastructure, Buhari Urges Nigerians
President Muhammadu Buhari on Saturday warned Nigerians not to exceed 100 kilometers per hour when d…
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Labour Party announces Doyin Okupe as Obi’s running mate
The Labour Party of Nigeria has announced Doyin Okupe as the running mate of Peter Obi but in a plac…
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57,004 Boko Haram Terrorists Surrendered, 47 Terrorists Killed In Two Weeks — DHQ
The Defence Headquarters said that about 57,004 members of the Boko Haram terrorist group have surre…
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AfCFTA Will Open Intra-Africa Trade
For the third year running, the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) …
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PenCom Begins Online Verification Of FG Retirees June 20
The National Pension Commission on will on Monday, June 20, commence the 2022 online verification an…
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No shortage of passport booklets in Nigeria – Aregbesola
The Minister of Interior, Rauf Aregbesola has said there is no shortage of passport booklets in the …
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ASUU strike: Pass no-confidence vote in Buhari, HURIWA tells NASS
Civil rights advocacy group, Human Rights Writers Association of Nigeria, has called on the National…
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Ekiti Attracts $500 Million World Bank Projects in Four Years – Fayemi
Ekiti State Governor, Dr Kayode Fayemi, on Wednesday said the state has attracted about $500 million…
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2023: Why I chose Okowa as my running mate -Atiku
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has given reasons for pi…
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Zamfara State Considers Telecommunication Suspension Over Insecurity
The Zamfara State Government said it is considering the suspension of telecommunication services in …
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PDP UNVEILS OKOWA AS ATIKU’S RUNNING MATE
Ahead of the Friday Independent National Electoral Commission, INEC, deadline for the submission of …
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My next attempt for presidency will be ‘supersonic’, says Yahaya Bello
The Kogi State Governor and presidential aspirant in the just concluded presidential primary of the …
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FG’ll increase funding for police – NHRC
The Executive Secretary, National Human Rights Commission, Tony Ojukwu (SAN), has assured the Nigeri…
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Nigeria’s inflation rate reaches 11-month high, hits 17.71%
The consumer price index (CPI), which measures the rate of change in prices of goods and services, s…
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FG, 10 states plan 2,000MW off-grid power
The Federal Government and 10 states are currently working to produce 2,000 megawatts of off-grid el…
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Extend voter registration by two months, Reps urge INEC
The House of Representatives has urged the Independent National Electoral Commission to extend the J…
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Over N1.04tn lost to 2021 aircraft repairs in foreign countries – FG
Nigeria lost $2.5bn (about N1.04tn at the official exchange rate of N415.63/$) to other countries in…
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Nothing wrong with Muslim-Muslim ticket – Orji Kalu
The Chief Whip of the Senate, Senator Orji Kalu, has said that there is nothing wrong if the All Pro…
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Seven Million Nigerians To Become Poorer By December —World Bank
The World Bank on Tuesday said that the current inflationary pressure will push additional one milli…
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Nigeria To Showcase Agric Food Products At Taipei Mega Show
The Food Taipei Mega Shows for this year will be held in Taiwan on June 22 to 25, 2022 at the Taipei…
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FG Planning To Regulate Social Media ‘Through The Back Door’—MRA
Media Rights Agenda on Tuesday called on the Federal Government to discontinue its attempt to adopt …
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40 Owo massacre victims get mass burial Friday
The Catholic Diocese of Ondo has fixed Friday, June 17, 2022 for the mass burial of those who …
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Court sentences two Abba Kyari co-defendants to two years in jail
A Federal High Court, Abuja, on Tuesday, convicted and sentenced to two years im jail, two co-defend…
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National Assembly workers suspend strike
National Assembly workers under the auspices of the Parliamentary Staff Association of Nigeria …
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2.4 million metric tonnes fish imports depleting Nigeria’s forex –FG
Nigeria imports about 2.4 million metric tonnes of frozen fish annually and this is taking a toll on…
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Blackout worsens as grid collapses for fifth time
There was widespread blackout across the country on Sunday following the collapse of the national po…
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Nigeria To Begin Production Of Military, Paramilitary Uniforms In January – ICRC
Nigeria will begin local production of uniforms for its military and paramilitary personnel from Jan…
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NIGERIA CALLS FOR INNOVATIVE SOLUTIONS TO THE MULTIFACETED CHALLENGES OF THE WTO.
In order to adapt to the evolving global socio-economic environment and remain relevant, Nigeria has…
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NIGERIA CALLS FOR SYNERGY AMONG WTO MEMBERS TO ENHANCE GLOBAL ECONOMIC POLICY MAKING
Federal Government through the Minister of State for Industry Trade and Investment, Amb.Mariam Yalwa…
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LAGOS INTL’ TRADE FAIR COMPLEX TO GENERATE MORE REVENUE FOR GOVERNMENT-Adebayo
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo CON, has urged the ne…
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We’ll introduce USSD code for eNaira transactions–CBN
The Central Bank of Nigeria has announced plans to introduce an unstructured supplementary service d…
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NDIC Reiterates Commitment To Financial System Stability
Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, has said the …
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FIRS To Commence Nationwide Monitoring On Tax Compliance
The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Adde…
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2023 Election: Declare Your Assets, SERAP Tells Tinubu, Atiku, Others
The Socio-Economic Rights and Accountability Project has sent an open letter to presidential candida…
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Democracy Day: Buhari Assures Of Credible Election In 2023
President Muhammadu Buhari on Sunday in Abuja, promised to facilitate a “free, fair and transparent …
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Interpol, ICPC sign MoU on database access
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), has signed a M…
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NiMet predicts 3-day cloudiness, thunderstorms from Friday
The Nigerian Meteorological Agency (NiMet) has predicted cloudiness and thunderstorms from Friday to…
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We Will Give You 90% Of Our Vote, South-West APC tells Tinubu
The All Progressives Congress in the South-West under the chairmanship of Isaac Kekemeke…
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Customs impound 10,865 kegs of petrol at Seme
The Nigeria Customs Service, Seme Command, said it impounded 10,865 jerrycans of Premium Motor Spiri…
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Why Buhari didn’t impose consensus candidate – Femi Adesina
Presidential spokesperson, Femi Adesina, has revealed why President Muhammadu Buhari refrained from …
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NLC Supports Peter Obi as Labour Party’s Presidential Candidate
Organised labour under the auspices of the Nigeria Labour Congress (NLC) has thrown its weight behin…
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FIRS to commence VAT compliance monitoring exercise July 1
The Federal Inland Revenue Service has said it will embark on a nationwide value-added tax and with…
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Peter Obi Urges INEC To Extend Voter Registration Deadline
The presidential candidate of the Labour Party has called on the Independent National Electoral Comm…
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Democracy Day: FG declares Monday public holiday
The Federal Government, through the Ministry of Interior, has declared Monday, June 13, as a public …
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2023: JONATHAN CONGRATULATES ATIKU, TINUBU, OBI, OTHER PARTY FLAG BEARERS
Former President Dr. Goodluck Ebele Jonathan has congratulated presidential election flagbearers of …
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Democracy Day: Buhari to address Nigerians on Sunday
The President, Major Muhammadu Buhari (retd.), will address the nation via a live broadcast at 7:00 …
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I will support you to succeed, Amaechi tells Tinubu
The former Minister of Transportation, Rotimi Amaechi, has congratulated the National Leader of the …
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ISWAP behind Ondo attack, says National Security Council
The National Security Council, on Thursday, revealed that the Islamic State, West African Province m…
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NAICOM, NCDMB urges stakeholders to comply with oil & gas content development
The National Insurance Commission (NAICOM) and Nigerian Content Development and Monitoring Board (NC…
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HEDA Urges ANAN To Sanction Idris Over N80bn Alleged Scam
Following the arrest and detention of the Accountant General of the Federation (AGF), Idris Ahmed, b…
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Lawan congratulates Tinubu after defeat at APC primary
The President of the Senate, Ahmad Lawan, said on Wednesday that the emergence of Asiwaju Ahmed Bola…
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Nigeria, Others Losing $95bn in Productivity Due to Unsafe Food In-take–FG
The federal government has said consumption of unsafe or contaminated food was causing the country a…
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NATIONAL POLICY ON MSMEs, A FRAMEWORK TO TACKLE CHALLENGES- AMB. KATAGUM.
The Minister of State for Industry, Trade and Investment, Amb. Mariam Yalwaji Katagum has said that …
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Kogi governor’s group faults Tinubu’s emergence
Yahaya Bello Presidential Campaign Organisation has faulted the emergence of Bola Tinubu as the pres…
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Lick You Wound, Tinubu Tells Lawan After Winning APC Presidential Ticket
The National Leader of the All Progressives Congress, Bola Tinubu, has emerged as the winner of the …
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We Can Assist CBN Stop Exchange Rate Crisis–BDCs
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nige…
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There Will Be Crisis If I’m Excluded from APC Presidential Primary—Yahaya Bello
Governor Yahaya Bello of Kogi State and a presidential aspirant of the ruling All Progressives Congr…
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Desist from selling government-provided inputs, FG warns farmers
The Minister of Agriculture and Rural Development, Dr. Mahmood Abubakar, has warned smallholder farm…
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Pick candidate from South East, Okorocha, other South-East aspirants write Buhari
All Progressives Congress Presidential aspirants from the South-East have written a letter to the Pr…
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Soludo orders repeat of online recruitment exam for teachers
Governor of Anambra State, Prof. Chukwuma Soludo, has ordered the repeat of the online recruitment e…
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APC Chairman To Present Lawan To Buhari
As the presidential primary election of the governing All Progressives Congress, APC, get underway i…
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Seven presidential aspirants reject Governors’ list, back Abdullahi Adamu
Seven presidential aspirants on the platform of the All Progressives Congress, APC, have dismissed t…
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Beware Of The Cabals In APC, Fayose Warns Tinubu
Former Ekiti State Governor, Ayodele Fayose, has claimed that there are indications that the All Pro…
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I have anointed no one, there shall be no imposition – Buhari
President Muhammadu Buhari has cleared all doubts about where he stands on the choice of a president…
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Blasphemy: Police arrest 15 suspects linked to Abuja killing
The Federal Capital Territory (FCT) Police Command on Monday said at least 15 suspects have been arr…
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Don’t claim credit for Buhari’s victory, Presidency slams Tinubu
The Presidency on Monday in Abuja, said that no one can or should claim to have single-handedly engi…
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Tinubu Donates N75m To Victims Of Owo Church Attack
All Progressives Congress National Leader and presidential aspirant, Asiwaju Bola Tinubu, on Monday,…
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Osinbajo not involved in road accident – FRSC
Contrary to videos circulating online that Vice President Yemi Osinbajo was involved in an accident …
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Japan To Invest In Nigeria’s Auto Industry
The government of Japan through the Japanese International Cooperation Agency (JICA) is seeking to s…
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Afreximbank Supports Titan Trust Bank With $300m Loan
The African Export Import Bank has announced the disbursement of a $300m Intra-African Investment Fi…
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SEC Plans Unique Identity Identity For Capital Market Participants
In a bid to check issues of fraud in the capital market as well as reduce to the barest minimum the …
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Media Rights Agenda Blasts FG For Not Protecting Journalists From Attacks
The Media Rights Agenda (MRA) has accused the federal government of encouraging attacks against jour…
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Owo Church Attack: CAN Demands Complete Overhaul Of Security Architecture
The Christian Association of Nigeria (CAN) has stated that insecurity has “gotten out of hands…
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Akeredolu Orders Manhunt Of Perpetrators Of Owo Church Attack
Following the unfortunate attack on the people of Owo worshipping at the St Francis Catholic Church,…
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Owo church attack: We’ll keep standing against evil, says Osinbajo
Vice President Yemi Osinbajo has stated that the Federal Government will continue to stand against e…
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Buhari laments Owo Church tragedy, says “eternal sorrow awaits perpetrators of crime”
President Muhammadu Buhari has condemned the dastard killing of worshippers on Sunday at the St Fran…
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National Assembly workers begin indefinite strike over unpaid arrears
Workers at the National Assembly, under the auspices of the Parliamentary Staff Association of Niger…
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Over 30 worshippers killed as gunmen attack Ondo church
The St Francis Catholic Church in Owo LGA of Ondo state was attacked by gunmen on Sunday. The incide…
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Afreximbank, ITFC Sign $250m Financing Agreement To Support African Response To Economic Challenges
On the sidelines of the 47th Islamic Development Bank Group Annual Meeting in Sharm ElSheikh Eg…
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I will strike new targets if Ukraine gets missile supplies–Putin
Russian President Vladimir Putin warned Sunday that Moscow would strike new targets if the West supp…
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Confusion as terrorists kidnap 14 in Kaduna community
Bandits in the early hours of Saturday abducted 14 persons at Station community near Idon town, Kaju…
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Blasphemy: Police begin probe as mob kills, sets ablaze vigilante
A mob on Saturday killed a member of a vigilance group for allegedly making a blasphemous statement.…
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Buhari Fumes Over Second Gas Explosion In Kano
President Muhammadu Buhari on Saturday, described the gas explosion of Friday at a Kano factory as “…
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We won’t vote for presidential candidate above 55 years – Group
A group, Nigerian Youth Collective Action, has said that it won’t vote for any presidential candidat…
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INEC Detects 47,633 Double Voter Registrations In Ekiti
As Ekiti prepares for June 18 governorship election, the Independent National Electoral Commission (…
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My Statement Misinterpreted To Ridicule Buhari—Tinubu
The Asiwaju Bola Ahmed Tinubu Presidential Campaign Organisation has stated that the comments made b…
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Buhari Signs 2022 Revised Budget Into Law
President Muhammadu Buhari has assented to the 2022 Appropriation Act (Amendment) Bill. The Senior S…
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SON seals Mate Energy, alerts Nigerians of substandard engine oil in circulation
THE Standards Organisation of Nigeria (SON) said today that it has sealed the premises of Mate Energ…
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INEC bars telephones from polling booths
The Independent National Electoral Commission has announced the release of its Regulations and Guide…
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INEC releases legal framework, guidelines for 2023 general elections
The Independent National Electoral Commission (INEC) has released the legal framework that will guid…
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NADDC Boss Urges Spanish Investors To Invest In Nigeria’s Automotive Industry
The Director-General, Nigeria Automotive Design and Development Council, Mr. Jelani Aliyu, participa…
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Gas explosion injures 20, burns shops in Kano
No fewer than 20 persons were injured following a gas explosion at a Liquefied Petroleum Gas refilli…
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What Buhari Told APC Governors–Presidency
Presidential spokesperson, Femi Adesina, has faulted claims that the President Muhammadu Buhari, ask…
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Extradition: Abba Kyari knows fate August 29
Justice Inyang Ekwo of a Federal High Court in Abuja has fixed August 29 for judgment in a suit seek…
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Climate Change, energy poverty serious concern to Africa – Sylva
Minister of State for Petroleum Resources, Timipre Sylva, has said that though Climate Change is a s…
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I Made Buhari Nigeria’s President—Tinubu
A presidential aspirant and national leader of the All Progressives Congress, Bola Tinubu, on Thursd…
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Over 4,600 Nasarawa farmers get NIRSAL loans to boost productivity
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, says no fewer than 4,630 f…
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Look beyond current global challenges for opportunities in Africa, Buhari tells investors
President Muhammadu Buhari on Thursday in Madrid, extended fiscal investment incentives to Spanish i…
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OPEC+ Raises Oil Output By 648,000 Barrels Per Day
The Organisation of Petroleum Exporting Countries and its allies said Thursday it plans to increase …
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FCT Generates Over N200bn Annually, Says Minister
The Minister of the Federal Capital Territory Minister, Mohammed Bello, on Thursday in Abuja, said t…
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Okada ban: Police impound 140 motorcycles, arrest passengers
The Lagos State Police Command on Wednesday seized 140 motorcycles and arrested 16 passengers and ri…
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Nigeria’s renewable energy investment potential hit $104bn – UK
Climate-smart investment potential in Nigeria, particularly in the renewable energy sector, is worth…
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FIRS Threatens To Name, Shame States, Local Govts Not Remitting Taxes
The Federal Inland Revenue Service has issued a notification to all the States and Local Governments…
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APC Convention: Choose Lawan As Consensus Candidate, Kalu Urges Buhari
The Senate Chief Whip, Senator Orji Uzor-Kalu, has urged President Muhammadu Buhari to choose the Se…
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EFCC Releases Suspended Accountant-General from custody
The suspended Accountant-General of the Federation, Ahmed Idris, has been released by the Economic a…
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Nigeria’s Ambassador To UAE Hails Jelani Aliyu’s Foresight For Nigeria’s Auto Industry
The Nigerian Ambassador to the United Arab Emirates, Mohammed Dansatta-Rimi, has hailed the foresigh…
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Nigeria Will Showcase Its Creativity During World Tourism Confab In November, Says Buhari
President Muhammadu Buhari has expressed the readiness of Nigeria to host the first ever Global Conf…
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FG Moves to Address Rising Food Prices
The federal government has taken steps to address the rising cost of food prices across the country …
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Nigeria’s crude oil production rises by 70,000bpd
Nigeria’s crude oil production rose by 70,000 barrels per day in May according to a Reuters Sur…
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CBN Mandates OFIs to Enroll in Credit Risk System by August 1
The Central Bank of Nigeria (CBN) has said the provisions of the regulatory guidelines for the redes…
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FEC approves N23.52bn for power, other projects
The Federal Executive Council on Wednesday approved a total of N23.52 billion for various projects a…
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Osinbajo most qualified to succeed Buhari – Northern group
A northern group, Coalition of Arewa Youth and Women for PYO 2023, on Wednesday, has drummed support…
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NEPC eyes $2.7tn African market through e-commerce
The Nigerian Export Promotion Council, NEPC, is targeting the $2.7 trillion African market through t…
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Vote aspirants with integrity, Lawan writes APC delegates
The President of the Senate, Ahmad Lawan, has sent out a passionate appeal to the All Progressives C…
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Customs modernization agreement signed, to generate $176bn – ICRC
The Infrastructure Concession Regulatory Commission (ICRC) has said that the Nigerian Customs Modern…
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I’m leading, says Osinbajo after APC presidential screening
Vice President Yemi Osinbajo has expressed optimism about the All Progressives Congress’ chances of …
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Primary: I need your support in choosing my successor, Buhari tells APC governors
President Muhammadu Buhari has met with the governors of the All Progressives Congress on Tuesday ah…
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WTO Working With Member Countries To Prevent Food Crisis– Okonjo-Iweala
The World Trade Organisation has said that it is finding ways to prevent member countries from hoard…
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U.S. Grants Adeosun’s Dash Me Foundation Non-profit, Tax-exempt Status
Dash Me Foundation in the United States has announced it has officially received a non-profit with t…
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Nigeria’s Adamu Abdulhamid Emerges WTO Trade Facilitation Committee Chairman
Nigeria’s Ambassador to the World Trade Organization, Dr. Adamu Mohammed Abdulhamid has emerged the …
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IMF Warns Nigeria To Be Wary Of High Food Prices, Narrow Fiscal Space
The International Monetary Fund on Monday predicted that the current high food prices in Nigeria as …
-
NNPC Medical Service Targets N207bn With Five Specialists Hospitals In Nigeria
The Infrastructure Concession Regulatory Commission (ICRC) has advanced in its discussions with the …
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AfDB Will Continue To Implement Impactful Projects In Africa — Adesina
The President, African Development Bank Group, Dr. Akinwumi Adesina, has said that the Bank would co…
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Crude Oil Price Hits $120.4 Per Barrel As EU Meet Over Possible Ban On Russia
The price of crude oil has risen to a two-month high to $120.4 per barrel as the European Union will…
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2023: If I win APC ticket, I will defeat Atiku before 12 noon of election day – Umahi
Governor David Umahi of Ebonyi State and Chairman, South East Governor’s Forum, has boasted that if …
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Efficient Markets Demand Regular Assessments – SEC DGThe efficient functioning of capital markets in the West African Region demands a reg…
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UK Organization commends Nigerian Maritime Agencies on synergy.
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir J…
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NIGERIA TO ENJOY PREFERENTIAL TRADE
ACCESS TO US MARKET – US AMBASSADORThe United States of America (USA) Ambassador to Nigeria, Mary Beth Leonard at the weekend disclosed…
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ASUP suspends two weeks strike, directs members to resume work Monday
The Academic Staff Union of Polytechnics has directed its members to resume work on Monday, 30, May …
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Buhari Backs Establishment of African Standby Force on Terrorism
President Muhammadu Buhari has backed the recommendation of the African Union Commission for the set…
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CBN defends naira with $3.36bn in two months
The Central Bank of Nigeria injected $3.36bn into the foreign exchange market in two months as part …
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Support Lawan To Challenge Atiku, Orji Uzor Kalu Begs Buhari
Senator Orji Uzor Kalu, Chief Whip of the 9th SenateFederal Republic of Nigeria, has stated that the…
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I will support you to achieve victory, Tambuwal assures Atiku
The Governor of Sokoto State, Aminu Waziri Tambuwal, has congratulated the candidate of the Peoples …
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Obaseki pays N40,000 minimum wage to Edo workers
In fulfilment of the new minimum wage regime announced on Workers’ Day, Governor Godwin Obaseki has …
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2023: PDP ready for hitch-free National Convention — Mark
The Peoples Democratic Party (PDP) National Convention Organising Committee (NCOC), says arrangement…
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Court declines Amaechi request to stop N96bn fraud probe
The Supreme Court has declined a suit seeking to stop the planned probe of N96 billion fraud alleged…
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INEC may extend primaries’ deadline by one week
The Independent National Electoral Commission may bow to pressure from political parties seeking the…
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Why I joined Labour Party – Peter Obi
A former Anambra State Governor, Peter Obi, has joined the Labour Party few days after dumping the m…
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BUA targets 17m metric tones Of cement production by 2023
The federal government through the minister of Information and Culture, Alhaji Lai Mohammed ehas app…
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AfCFTA: Afreximbank strengthens financial support for Africa
The African Export-Import Bank (Afreximbank) has renewed its technical and financial support to the …
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FG to boost economic development through MSMEs
The Federal Government says it will explore the opportunities in the micro, small and medium enterpr…
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Investors rake in over N1.1tn dividend in 12 months – NGX
The Nigerian Exchange Limited, on Thursday, said investors in the Nigerian capital market had earned…
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Osinachi: FG slams homicide charges against husband
The Federal Government has filed 23-count charges against Peter Nwachukwu, husband of late popular g…
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Ex-SMEDAN DG wins Katsina APC gov ticket
The Katsina state chapter of the All Progressives Congress early Friday elected the immediate past D…
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FAAC Shares N656.6bn To FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N636.6bn April 2022 Fed…
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Sanwo-Olu wins APC gov ticket for second term
Lagos State Governor, Babajide Sanwo-Olu, has emerged as the winner of the All Progressives Congress…
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Buhari, Aisha depart Abuja days to APC presidential primary
President Muhammadu Buhari on Thursday, departed Abuja to participate in the African Union Extra-ord…
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Why FG Can’t Increase Wages, Sack Workers– Ngige
The Federal Government has said that salaries cannot be increased without assessment of the producti…
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105,000 Tonnes of Raw Materials For Fertilizer Arrive Nigeria June 3 – NSIA
The Nigeria Sovereign Investment Authority (NSIA) has disclosed that 105, 000 metric tonnes of basic…
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Three Days To APC Presidential Primary, Buhari Departs Abuja
President Muhammadu Buhari on Thursday, departed Abuja to participate in the African Union Extra-ord…
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Gbajabiamila cleared to contest sixth consecutive term
The Speaker of the House of Representatives, Femi Gbajabiamila, has been cleared to contest for a 6t…
-
NBS To Conduct Survey On Household Income
The Statistician-General of the Federation/Chief Executive Officer of the National Bureau of Statist…
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How Nigeria Can Achieve Digital Transformation —Trade Minister
The Minister of Industry, Trade and Investment, Richard Adeniyi Adebayo, said that digital transform…
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FG Inaugurates Committee On Rejection Of Nigerian Agro Exports
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Thursday inaugurated a …
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FIRS seeks tax compliance approval for holding political offices
The Federal Inland Revenue Service (FIRS) says tax compliance should be a prerequisite for…
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IPOB killings: Soludo declares curfew in Anambra
The Anambra State Governor, Professor Chukwuma Soludo, has declared curfew in Anambra State. Soludo …
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Why I quit PDP, presidential primary –Peter Obi
Former Governor of Anambra State, Peter Obi, has explained that “recent developments” within the Peo…
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Adeniran Takes Over As Statistician-General, Assures Nigerians Of Reliable Statistics
The new Statistician-General of the Federation, Mr. Semiu Adeniran has taken over the helm of affair…
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NAICOM Inaugurates 15-Man Insurance Industry Committee On AfCFTA
The National Insurance Commission (NAICOM) today in Abuja inaugurated a fifteen-man Insurance indust…
-
CBN Disburses Over N1trn To 4.2 Million Farmers
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele said that over N1trn has been disbursed to…
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Nigeria Not Delisted From JP Morgan Bond Index– Emefiele
The Central Bank of Nigeria has said that the country’s sovereign debt has not been delisted f…
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Delta police order detention of patrol officers for teargassing travellers
The Commissioner of Police for the Delta State Command, CP Ari Ali, has ordered the immediate detent…
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Killing: Presidency warns against retaliatory violence, hasty response
Following a viral video of a woman simply identified as Fatima, who was allegedly murdered in cold b…
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NIMASA TO ENTRENCH HOME GROWN HUMAN CAPACITY DEVELOPMENT
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr Bashir Jam…
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Why we laid siege to Okorocha’s Abuja home – EFCC
The Economic and Financial Crimes Commission has advanced reasons why its personnel occupied the Abu…
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SEC Intensifies Efforts to Tackle Identity Theft in Capital Market
The Securities and Exchange Commission, has stated that the Identity Management System being develop…
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CBN raises interest rate to 13%
The Central Bank of Nigeria on Tuesday raised the interest rate to 13 per cent for the first time in…
-
Reps member defeat Dino Melaye to clinch PDP senatorial ticket
The lawmaker representing Kabba/Bunu Ijumu Federal constituency, Hon. Tajudeen Yusuf, has defeated S…
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BREAKING: Confusion as APC adjusts timetable for governorship, assemblies primaries
There was confusion at the national secretariat of the All Progressives Congress on Tuesday when the…
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EFCC arrests Okorocha, ends siege to residence
The Economic and Financial Crimes Commission finally arrested a former Governor of Imo S…
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Nigeria’s budgeting, procurement processes more transparent –Minister
The leader of the Indigenous People of Biafra, Nnamdi Kanu, has urged that the killings in the South…
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Stop bloodshed in South-East, release ‘Mama Biafra’, Nnamdi Kanu begs
The leader of the Indigenous People of Biafra, Nnamdi Kanu, has urged that the killings in the South…
-
Barth Nnaji calls for regional grids to end poor power supply
Mr Bath Nnaji former minister of power, has called for the establishment of regional grids as the so…
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Food security: Africa should be providing global solutions, says AfDB
Adesina said this at a meeting with journalists ahead of the bank’s 2022 annual meetings in Accra, G…
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NSIA’s Net Assets Rises By 19.02% To N919.73bn
Amidst the challenging operating environment which has tested the resilience of institutions and bus…
-
Train attack: Bandits threaten to starve, kill victims
Some bloodthirsty bandits who attacked the Abuja-Kaduna bound AK9 train on March, 28, have threatene…
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FG seeks industrial synergy to boost domestic refining
Minister of State, Petroleum Resources, Mr Timipre Sylva, is seeking a deeper synergy among relevant…
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Pension directorate verifies agric bank’s retirees for payment
The Executive Secretary, Pension Transitional Arrangement Directorate, Dr. Chioma Ejikeme, has said …
-
Russia’s imminent oil ban puts Nigeria’s low output at risk
Nigeria has, more than ever before, been exposed as a country that is unable to meet its OPEC’s quot…
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Sit-at-home: Banks, schools, marketplaces shut in Owerri
Owerri, the Imo state capital was again on Monday deserted as residents stayed indoors in compliance…
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Why National Assembly don’t condone corruption – Lawan
The President of the Senate, Ahmad Lawan, has assured the judiciary that the National Assembly is de…
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Nigeria’s Economy Grows By 3.11% In Q1—NBS
The Nigerian economy has continued to show resilience in the face of weak global outlook as the coun…
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Nigeria’s greatness tied to our unity, says Osinbajo
The Vice President, Prof.Yemi Osinbajo, on Saturday in Zamfara said the country works best when citi…
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Delegates’ list forces PDP to suspend Imo primaries indefinitely
The Peoples Democratic Party in Imo said it has suspended its primaries for the House of Assembly an…
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I ‘ve not pulled out of presidential race, says Lawan
Senate President and presidential aspirant under the All Progressives Congress, Ahmad Lawan has said…
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N80bn fraud: Arrest of Accountant-General shows IPPIS fraudulent– ASUU
The Academic Staff Union of Universities said the arrest and detention of the Accountant-General of …
-
NCC Advices Nigerians On How To Protect Devices From Cyber Attacks
The Nigerian Communications Commission has advised Nigerians consumers to set antivirus on thei…
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NMDPRA Plans Six Regulations For Midstream, Downstream Sector
The Nigeria Midstream and Downstream Petroleum Regulatory Authority is drafting six regulations on m…
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IMF Urges Nigeria To Improve Tax Revenue
The International Monetary Fund has said that with the size of Nigeria’s economy, the country …
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2023 election: I’m qualified, I eat ‘garri’ thrice daily, Amaechi tells Niger delegates
Former Minister of Transportation and presidential aspirant on the platform of the All Progressives …
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Naira notes will be out of circulation soon, says CBN
The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging mar…
-
Flooding: FCTA Demolishes 30 Buildings at Trademore Estate
To mitigate flooding, the Federal Capital Territory Administration (FCTA) Thursday removed over 30 h…
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Only a leader with a touch of madness can fix Nigeria, says Obasanjo
Former President Olusegun Obasanjo, on Thursday, said Nigeria required a leader driven by passion an…
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Lagos govt facilitates N1bn from Polaris Bank for artisans
The Lagos State Employment Trust Fund, in collaboration with Polaris Bank, has unveiled a N1 billion…
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I ‘ve Been Tested And Trusted To Take Over From Buhari—Amaechi
The former Minister of Transportation, Rotimi Amaechi, on Thursday, said he had been tested, trusted…
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Cancel planned crusade in South-East, IPOB warns Kumuyi
The Indigenous People of Biafra has advised the General Overseer of the Deeper Life Bible Church, Pa…
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$200bn investments needed to access clean cooking gas by 2030-Sylva
With the global energy transition chants reaching a crescendo, the Minister of State, Petroleum Reso…
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Soludo presents 2022 revised budget to Anambra Assembly
Anambra State Governor Prof Chukwuma Soludo on Thursday presented the revised edition of the state’s…
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Buhari embarks on condolence visit to new UAE President
President Muhammadu Buhari on Thursday, would be embarking on a condolence visit to the new Presiden…
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WHO approves China’s COVID-19 vaccine
The World Health Organisation on Thursday authorised the use of Chinese manufacturer’s CanSinoBIO’s …
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Sanwo-Olu, Others Seek Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap
For Nigeria to close the infrastructure gap in the critical sectors of the economy, about $11 trilli…
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Benue police arraign 20 suspected cultists
Twenty suspected cult members arrested by the Benue State Police Command have been charged to court.…
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FCT minister suspends inauguration of council chairmen, councillors
The Minister of the Federal Capital Territory, Muhammad Bello, has suspended the planned inauguratio…
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ASUU Strike: NANS threatens shut down of all international airports
he National Association Of Nigerian Students alongside the National Association of University Studen…
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APC fixes new dates for presidential primary, others
he All Progressives Congress has fixed a new date for its presidential and all other primaries. This…
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Finance Minister Suspends Accountant General Over N80bn Fraud, Postpone FAAC
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has suspended the Accountan…
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WACMAC Conference to Focus on Effective Regulation–SEC
The West Africa Securities Regulators Association (WASRA) will hold its biennial West Afr…
-
Tension as shop owners, Okada riders clash in Abuja
There is tension in the Dei Dei area of the Federal Capital Territory over the death of a yet-to-be-…
-
College Of Insurance Supervisors To Develop Risk Based Supervision Framework For West African Countries
\ The Chairman of West African Insurance Supervisors Association, Mr Sunday Thomas, has highlighted …
-
Buhari to determine returning ministers’ fate, says Lai Mohammed
There is uncertainty over the status of some members of the President’s cabinet who shelved their po…
-
Sanwo-Olu bans Okada in Apapa, Ikeja, Lagos Island, three others
The Lagos State Governor, Babajide Sanwo-Olu, has banned the operations of commercial motorcycles po…
-
ABCON Calls for Creation of BDCs’ Autonomous FX Trading Window
The President, of the Association of Bureaux De Change Operators of Nigeria (ABCON) Mr. Am…
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Protest, gunshots rock Rivers APC secretariat over screening
Gunshots amid protests on Wednesday morning rocked the All Progressives Congress secretariat along W…
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BREAKING: Court dismisses Nnamdi Kanu’s bail plea
A Federal High Court, Abuja, on Wednesday, refused to admit the leader of the proscribed Indigenous …
-
FG fails to allocate over 1,300mw, blackout looms
Over 1000megawatts of electricity are currently not allocated to power distribution companies (DisCo…
-
NDLEA arrests wanted drug baroness, seals mansion, drug bunks in Delta
The National Drug Law Enforcement Agency(NDLEA) has won a major breakthrough in the war against illi…
-
Airtel To Finance Service Bank Deployment From $755m Profit
Airtel Africa will spend part of the $755m profit reported for the 2022 fiscal year to fund the Paym…
-
No Twitter deal without clarity on spam accounts–Eleon Musk
Billionaire Elon Musk said Tuesday that his purchase of Twitter would not go ahead unless he was giv…
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Police confirm four dead in Kano gas explosion
The Kano State Commissioner of Police, Sama’ila Dikko, has clarified that gas and not a bomb explode…
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Gunmen plans to attack nine local govts in Anambra
Gunmen have written letters to nine local government areas in Anambra State to be attacked soon. The…
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Group urges NASS, MDAs, others to partner FG in protecting FDI
The Nigeria Economic Zones Association (NEZA), an umbrella body of Free Trade Zones operators and en…
-
Adesina: Why I won’t contest for Nigeria’s presidency
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has turned down the reque…
-
Police commission promotes ex-EFCC boss Magu to AIG
The suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has bee…
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EFCC Arrests Ahmed, Accountant General Of The Federation For Alleged N80bn Scam
Operatives of the Economic and Financial Crimes Commission, (EFCC) on Monday, arrested serving Accou…
-
Petroleum minister Sylva withdraws from presidential race
Minister of State for Petroleum, Chief Timipre Sylva, has withdrawn from the presidential race in th…
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Why I’m withdrawing from senatorial race -Women affairs minister
Nigeria’s Minister of Women Affairs, Pauline Tallen, has explained why she rescinded her ambition to…
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Electoral Act: Supreme Court hears Buhari, Malami’s suit Thursday -Report
A suit by President Muhammadu Buhari, and the Attorney General of the Federation and Minister of Jus…
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Blasphemy: I’ve read Qur’an, no where justifies killings -Tunde Bakare
The Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, has condemned the …
-
Fuel scarcity: Airline operators announce flight disruption, cancellation
The Airline Operators of Nigeria have announced plans to disrupt scheduled flight operations over th…
-
NGX Joins African Exchanges to Facilitate Cross-border Trading Platform
The Nigerian Exchange Limited (NGX) joined other African Exchanges in facilitating cross-border trad…
-
Nigeria’s Inflation Rises To 16.82% In April
Nigeria’s inflation has worsened to 16.82 per cent in April, up from the 15.92 per cent recorded in …
-
Nigeria, 13 Other Countries Compete In Trade Promotion Award
The Nigerian Export Promotion Council (NEPC) has been nominated alongside 13 other Trade Promotion O…
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Nigeria’s Banking sector still strong, resilient, says CBN
The Nigerian banking sector remained resilient in February, according to a report released by t…
-
SERAP sues Buhari over N1.48tn spent for refineries’ maintenance
Socio-Economic Rights and Accountability Project has filed a lawsuit against the President Muhammadu…
-
Nnamdi Kanu sad over killing of innocent citizens -Soludo
Governor of Anambra State, Chukwuma Soludo, has visited the detained leader of the Indigenous People…
-
NDLEA seizes 203,879 Tramadol Tabs in 4 States
Operatives of the National Drug Law Enforcement Agency have foiled fresh bids by drug cartels to exp…
-
NEPC To Pay 285 Firms N375bn Export Expansion Grant Debt
The Federal Executive Council chaired by President Muhammadu Buhari has approved the payment of N375…
-
Beware, Hackers Can Steal Your Car Through Remote Control, NCC Warns
Hackers have now found a means to compromise the security of vehicles by unlocking and starting thei…
-
CAMA Transitioning Will Position NNPC To Boost Profitability—Kyari
The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mr. Mele Kyari has said …
-
DBN Guarantees 11,000 Loans Worth N91bn Through Impact Credit Guarantee
The Managing Director of Development Bank of Nigeria, Tony Okpanachi, has said that the bank has all…
-
Ngige bows to pressure, pulls out of presidential race
The minister of Labour and Employment, Chris Ngige, has pulled out of the 2023 presidential race to …
-
UAE President Dies, Govt Declares 40 Days Mourning
UAE’s long-ailing President and ruler of Abu Dhabi Sheikh Khalifa bin Zayed Al Nahyan passed a…
-
Police Arrest Suspects Linked To Gruesome Killing Of Corps Member
Three suspects alleged to have been involved in the gruesome killing of 26-year-old Stephenie Terung…
-
Afreximbank appoints new Chief Executive Officer and Chief Investment Officer for FEDA
African Export-Import Bank (Afreximbank) has announced the appointment of Ms. Marlene Ngoyi as the …
-
Inflation May Hit 16.84% In May, Says CBN
Nigerians are in for a very difficult time following a forecast by the Central Bank of Nig…
-
Air Force seeks more time to end insecurity in Nigeria
The Nigerian Air Force has vowed to end insecurity in the country, urging Nigerians to be patient wi…
-
Deal to buy Twitter on hold, says Elon Musk
Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter…
-
Buhari to replace Amaechi, Malami, Akpabio, others soon
President Muhammadu Buhari will replace the 10 members of his cabinet who have resigned from their p…
-
Jonathan charges African leaders on rule of law, rebuilding of public trust
Former President Dr. Goodluck Jonathan has urged African leaders to prioritise the rule of law, rebu…
-
Presidential Bid: I’m having fun, says Emefiele after meeting Buhari
The Central Bank Governor, Mr Godwin Emefiele, said his fate is still being decided as regards the c…
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We may relocate sensitive materials from CBN, says INEC
he Independent National Electoral Commission on Thursday said it would employ both the manual and el…
-
Fuel Scarcity:NMDPRA Pays Over N58bn Bridging Cost Claims To Oil Marketers
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said it has paid over …
-
Jonathan not yet our member, says Bayelsa APC chairman
The Bayelsa State chairman of the All Progressives Congress, Dennis Otiotio, has said that the forme…
-
Buhari Begs ASUU To Call Off Strike
President Muhammadu Buhari on Thursday appealed to the Academic Staff Union of Universities to consi…
-
BoI MD Seeks More Funding For Agric, Infrastructure Development
The Chairman of the Association of Nigerian Development Finance Institution, Mr Olukayode Pitan has …
-
FEC approves procurement of 52 operational vehicles for Civil Defence
The Federal Executive Council (FEC) at its weekly meeting Wednesday approved for the Nigeria Securit…
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BREAKING: Akpabio Resigns As Niger Delta Affairs Minister To Pursue Presidential Ambition
Niger Delta Affairs Minister Senator Godswill Akpabio has resigned in line with President Muhammadu …
-
NJC Moves To Check Conflicting Orders, Judgments, Issues New Policy
The National Judicial Council has issued policy directions on political and election-related cases t…
-
We Cant Extend Deadline Of Primaries, Says INEC
The Independent National Electoral Commission would continue to reject requests by political parties…
-
Abducted Kaduna Catholic priest dies in kidnappers’ den
Reverend Father Joseph Akete of the St. John Catholic Church, Kudenda in Chikun Local Government Are…
-
Ex-President Jonathan appointed to board of European Council on Africa and Middle East
Former President Dr. Goodluck Ebele Jonathan has been appointed to the international advisory board …
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Electoral Act: Appeal Court sets aside judgment voiding Section 84(12)
The Abuja Division of the Court of Appeal on Wednesday set aside the judgment of Justice Evelyn Anya…
-
Nigeria, 10 ECOWAS countries in debt distress – Report
A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa h…
-
ASUP declares two-week strike
The Academic Staff Union of Polytechnics has said it will commence a two-week strike from May 16, 20…
-
Concession Of Calabar, Kano FTZs Remains FG’s Economic Solution To Industrialization— NEPZA
The Managing Director of the Nigeria Export Processing Zones Authority, Prof. Adesoji Adesugba, has …
-
Tinubu to personally submit presidential form, says aide
Former Lagos State governor, Bola Tinubu, will personally submit his presidential nomination and exp…
-
Buhari orders Ngige, Sylva, other ministers with political ambitions to resign
President Muhammadu Buhari (retd.), has ordered all members of his cabinet and appointees vying for …
-
We Are Not Conducting Any Recruitment–CAC
The Corporate Affairs Commission (CAC), has advised members of the public to disregard a fake recrui…
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NADDC floats N200bn vehicle loan scheme – Jelani
The National Automotive Design and Development Council (NADDC) has initiated a N200 billion vehicle …
-
Senate amends Electoral Act to accommodate ‘Statutory Delegates’ at party congresses, primaries
The Senate, on Tuesday, amended the Electoral Act, 2022, to allow ‘statutory delegates’ – all those …
-
Nigerian Breweries Shareholders Approve N12.92bn Dividends Payout
Shareholders of Nigerian Breweries Plc, have unanimously approved the dividend payout of a total sum…
-
Aviation fuel: NNPC, airlines agree on three-month supply at N480/litre
The House of Representatives on Monday held a stakeholders meeting to resolve the crisis trailing th…
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SSANU, NASU to present new payment platform to FG today
The Joint Action Committee of the Non Academic Staff Union of educational and associated institution…
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Prepare for worst fuel scarcity, petrol marketers alert Nigerians
The Independent Petroleum Marketers Association of Nigeria has asked Nigerians to prepare for the wo…
-
2023: We’re open to receiving Jonathan – Bayelsa APC
The Chairman, Bayelsa State chapter of All Progressives Congress, Dr Dennis Otiotio, says former Pre…
-
FIRS Calls For Increased Collaboration Within African Countries To Effectively Tax Digital Businesses
The Federal Inland Revenue Service (FIRS) has stated that there is need for improved collaboration a…
-
AMCON Takes Over Assets Of Aeroland Travels Limited Over N1.8bn Debt
Sequel to the order of Honourable Justice D.E. Osiagor of the Federal High Court, Lagos Di…
-
Senate President Lawan picks APC presidential nomination form
Ahead of Tuesday’s deadline for the sale of nomination and expression of interest forms, there has b…
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SEC Mulls Full Digital Capital Market
In a bid to fully digitalise operations of the Nigerian capital market, the Securities and Exchange …
-
Why My 30-Year-Old-Son Doesn’t Own Personal Car—Peter Obi
Former Anambra State governor and 2023 presidential aspirant, Peter Obi, has revealed that his 30-ye…
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Sri Lanka PM resigns after violent protest
Sri Lankan Prime Minister Mahinda Rajapaksa resigned Monday after dozens of people were hospitalised…
-
Tunde Bakare officially declares for presidency, rolls out agenda
The Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, has officially dec…
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JETA1: Airlines suspend flights shutdown, Reps to meet domestic operators
The Airline Operators of Nigeria, the umbrella body for domestic airlines, has cancelled its decisio…
-
ASUU extends strike by 12 weeks
The Academic Staff Union of Universities has rolled over its ongoing strike for another 12 weeks. A …
-
Presidential ticket: Court rejects Emefiele’s request to restrain INEC, AGF
A Federal High Court in Abuja has declined the request of the Governor of the Central Bank of Nigeri…
-
Buhari leaves Abuja to Abidjan for UN COP-15 Conference on Diversification
President Muhammadu Buhari is leading an eight-man Nigerian delegation to Abidjan, Cote d’Ivoire, to…
-
Insecurity: Sustain Offensive against Criminals in N’west Zone, Buhari Directs Military
President Muhammadu Buhari has directed the security agencies to sustain the current offensives agai…
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Biden’s Wife Visit War-Torn Ukraine, Seeks End Of War
US First Lady Jill Biden made an unannounced visit to Ukraine on Sunday, her spokesman sai…
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Aare Baasofin: We’ll go ahead with Gbajabiamila’s installation, says Oyomesi
The installation of the Speaker of the House of Representatives, Femi Gbajabiamila, as the Aare Baas…
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NDLEA ARRESTS TWO PREGNANT WOMEN, BARBER FOR DRUG TRAFFICKING AT LAGOS AIRPORT
The National Drug Law Enforcement Agency, has apprehended two expectant mothers and one barber, over…
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Osinbajo: New Nigeria Impossible without National Reawakening
The Vice President, Prof. Yemi Osinbajo yesterday noted that there should be an aggressive reawakeni…
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Ninth National Assembly stands out in area of leguslation – Lawan
The President of the Senate, Ahmad Lawan has advanced reason to justify why the current National Ass…
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No approval for new electricity tariff –NERC
The Chairman, Nigerian Electricity Regulatory Commission, Mr Sanusi Garba, has said the agency has n…
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INEC chairman denies plan to contest presidency
Chairman of the Independent National Electoral Commission, Prof Yakubu Mahmood, has denied reports t…
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2023: FG bars civil servants from partaking in primaries
The Federal Government has reiterated the prohibition on civil servants to partake in primary electi…
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CBN Gov Emefiele picks N100m APC presidential form
Governor of the Central Bank of Nigeria, Godwin Emefiele, has picked the All Progressives Congress N…
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Biden appoints first black White House press secretary
White House Press Secretary Jen Psaki (R) is hugged by current Principal Deputy Press Secretary Kari…
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Allow court decide Nnamdi Kanu’s matter, Buhari replies South-East leaders
The President, Major General Muhammadu Buhari (retd.), has told South-East leaders that the court wi…
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Osinbajo arrives in Anambra, meets APC stakeholders
Vice President Yemi Osinbajo has arrived in Anambra State for a meeting with the All Progressives Co…
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Protesters storm APC secretariat, warn against Jonathan’s imposition
Protesters under the aegis of the Youth Wing of the All Progressives Congress on Thursday stormed th…
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Binance commits $500m for Elon Musk’s Twitter takeover
The world’s largest cryptocurrency exchange, Binance, has committed $500m in financing to help Elon …
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2023: BAKARE BUYS N100 Million APC PRESIDENTIAL NOMINATION FORM
The Serving Overseer of the Citadel Global Community Church, Nigeria, Tunde Bakare, has joined the l…
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31 stocks drive investors’ gain by N262.8bn
Investors gained N262.8bn on Wednesday at the end of trading on the floor of the Nigerian Exchange L…
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Elumelu wants $26trn private sector funds channeled into Africa’s infrastructure, entrepreneurship
Mr. Tony Elumelu, Africa’s top entrepreneur and philanthropist, has in sunny Los Angeles, United Sta…
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AfCFTA: Local Content Drive Key to Deepening Sustainable Growth in Africa, Says Wabote
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi …
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Customs orders probe into man’s death in accident involving patrol vehicle
The Katsina Area Command of the Nigeria Customs Service has begun an investigation into circumstance…
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President Muhammadu Buhari arrives Enugu enroute Ebonyi State on a 2-Day Working visit
President Muhammadu Buhari on Thursday arrived Akanu Ibiam International Airport Enugu entoute Ebony…
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Soludo declares emergency on infrastructure, insecurity in Anambra
The Anambra State Governor, Prof. Chukwuma Soludo, on Wednesday, declared a state of emergency on in…
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Fayemi failed in Ekiti, not qualified for president – PDP
The Peoples Democratic Party in Ekiti State has described Governor Kayode Fayemi’s presidential decl…
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Nigerians To Enjoy 5G From August 24 As NCC Issues Final Letter To MTN, Mafab
Nigerians will begins to enjoy the 5th Generation network by August as the Nigerian Communications C…
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2023: Ayade asks appointees to resign, set to reshuffle cabinet
The Governor of Cross River State, Professor Ben Ayade, has directed his appointees seeking elective…
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Power firms owe banks N861.14bn amid worsening electricity crisis
The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year …
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EFCC probes AGF’s aides over ‘sale’ of presidential pardon
Attorney General of the Federation and Minister of Justice, Abubakar Malami Some aides to the Attorn…
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2023: Why I want to be Nigeria’s president —Fayemi
Governor of Ekiti State, Kayode Fayemi, on Wednesday, formally declared his presidential ambition on…
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I Will Move Nigeria From A Consuming To Producing Nation, Says Peter Obi
Former Governor of Anambra State and presidential hopeful, Peter Obi, has said Nigeria must transit …
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World Press Day: Ortom, others commend journalists for promoting democracy
The Benue State Governor, Samuel Ortom, has, on Tuesday, commended the courage and resilience of Nig…
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Overdue debt repayment weak in most states, DMO warns
The Director-General, Debt Management Office, Ms Patience Oniha, has said that many state government…
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SIM-NIN Linkage Frustrating Terrorists Access to Telcos Services in North East – NCC
The Nigerian Communications Commission (NCC), has said that the ongoing implementation of the Nation…
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2023 Election: Its Unfair Not To Zone Presidency To The South–Clark
The leader of the Pan Niger Delta Forum, Edwin Clark, has insisted that the next Nigerian president …
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IGP upgrades police criminal database, orders special training for personnel
The Inspector-General of Police, IGP Usman Alkali Baba, has upgraded the Nigeria Police Crime and In…
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Abba Kyari: NDLEA uncovers tramadol worth N22b imported by drug baron
The National Drug Law Enforcement Agency has said it uncovered how a suspected billionaire drug baro…
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JUST IN: Fayemi joins APC presidential race, unfolds agenda Wednesday
Ekiti State Governor and Chairman, Nigeria Governors’ Forum, Kayode Fayemi will formally declare his…
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Stock market extends weekly gain by N636bn
Investors gained N636bn at the end of trading on the floor of the Nigerian Exchange Limited last wee…
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61% of Pension Fund invested in bonds, T-bills – Report
Total assets under the Contributory Pension Scheme rose by N460bn in three months to N13.88tn in Mar…
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Nigeria’s inflation to hit 16.1% in 2022, says IMF
The International Monetary Fund has projected that Nigeria’s Consumer Price Index will hit 16.1 per …
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Ebute Metta: Frequent building collapse embarassing, says Buhari
President Muhammadu Buhari on Monday, commiserated with families of those who died, sustained injuri…
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BREAKING: FIFA fines Nigeria N63.9m over Abuja stadium violence
World football body, FIFA, on Monday fined Nigeria CHF150,000 (N63.9m) following violence that occur…
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Osinbajo gets high presidential survey rating, Tinubu’s group disagrees
A nationwide survey carried out by the Intellectual Forum on Politics and Governance, has shown that…
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EID-EL-FITR: IGP ORDERS ADEQUATE SECURITY, FELICITATES WITH MUSLIM FAITHFULS
The Inspector-General of Police, Usman Alkali Baba, on Sunday, ordered the deployment of Police inte…
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In Sallah Message, Buhari Assures Military Of Adequate Funding To Fight Insecurity
President Muhammadu Buhari has appraised the security situation in the country, saying the battle ag…
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Insecurity: Over 30 workers killed by Bandits in Kaduna, says NLC chairman
The Chairman of the Nigeria Labour Congress, Kaduna State Council, Ayuba Magaji, said, on Sunday, th…
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Stop rehabilitating terrorists, CAN urges Buhari, felicitates Muslims
The Christian Association of Nigeria has asked the Federal Government to revisit the issue of rehabi…
-
PenCom Confirms N5bn Recapitalisation Of All PFAs In Nigeria
The National Pension Commission on Friday announced that as at 27 April 2022, all Pension Fund Admin…
-
May Day: NLC Seeks Security, Good Governance,
The Nigeria Labour Congress (NLC) has called for peace, stability, security and good governance as w…
-
LCCI Seeks NCC’s Partnership On Digital Infrastructure
The Lagos Chamber of Commerce and Industry (LCCI) is seeking the partnership of the Nigerian Communi…
-
OPEC Signs Deal to Fund Feasibility Study of $25bn Nigeria-Morocco Gas Pipeline
The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced that it will contribute …
-
FG to establish 119 ranches in Benue, Taraba others
A total of 119 ranches are to be created under the National Livestock Transformation Plan in various…
-
EFCC declares 59 wanted over N435bn, $397m, €9.9m frauds
No fewer than 59 suspects are on the Wanted List of the Economic and Financial Crimes Commission for…
-
Police intercept 10 bags of drugs worth millions
The Lagos State Police Command has intercepted 10 bags of illicit drugs suspected to be Indian Hemp.…
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ASUU strike: Presidential primaries can’t hold in Abuja, NANS declares
The National Association of Nigerian Students on Sunday declared that no political party will hold a…
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Nigeria can earn over $800trn from gas reserves – FG
THE Federal Government said the value of Nigeria’s proven gas reserves of about 206.53 trillion cubi…
-
NEPC eyes West African market to drive Nigeria’s export earning
The Nigerian Export Promotion Council is targeting Ivory Coast to expand the country’s non-oil expor…
-
44,000 farmers benefit from CBN intervention scheme in Anambra
The Central Bank of Nigeria has disclosed that no fewer than 43,000 persons in Anambra State have so…
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Airtel Receives Full Payment Service Bank Licence
Airtel Africa has become Nigeria’s second telecommunication company to receive final approval …
-
Zenith Bank Grows Profit To N67.99bn
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2022, wit…
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FG Targets Over $2bn Revenue From Compliance Certificates For Port Projects
In its statutory bid to regulate the advancement of infrastructural development of Nigeria through P…
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Imo explosion: FG urges clampdown on illegal oil refineries
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq…
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Nigeria being repositioned as PPP knowledge base in Africa – ICRC
The Infrastructure Concession Regulatory Commission (ICRC) says that it is working very assiduously …
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NAICOM To Construct Building For Insurance Department In Uni-Uyo
National Insurance Commission (NAICOM) has agreed to fund the construction of a building in the Univ…
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Govt’ll boost local manufacturers’ access to equipment – Minister
The Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, has said that the government wi…
-
FG trains 177 youths in smartphone repairs with N5.9bn
The Federal Government, on Thursday, confirmed committing the sum of N5.9 billion on training, tooli…
-
Airfares record 28% increase in one year – NBS
AIR transportation fares rose by 28.26 per cent in one year, according to a new report by the Nation…
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Telcos plan early deployment of 5G, target H2 2022
Nigerians may begin to enjoy 5G services soon as MTN Nigeria plans an early launch of the technology…
-
PENGASSAN moves to stop casualisation in oil industry
The Petroleum and Natural Gas Senior Staff Association of Nigeria says it will ensure that issues of…
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Insecurity threatening Nigeria’s nationhood, says Gbajabiamila
The Speaker of the House of Representatives, Femi Gbajabiamila, has stated that the current security…
-
Buhari swears in four permanent secretaries approve postings
President Muhammadu Buhari has sworn-in four Permanent Secretaries. He swore them in before the comm…
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AfDB Raises $540m for Nigeria’s Agro-industrial Processing Zones, Says Adesina
President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has disclosed that the bank w…
-
Sokoto Senator Danbaba defects from PDP to APC
Deputy Minority Whip of the Senate, Ibrahim Danbaba, has defected from the opposition Peoples Democr…
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BREAKING: Sokoto State Deputy Gov, SSG, CoS, 11 commissioners Resign
The Sokoto State Governor Alhaji Aminu Tambuwal on Wednesday accepted the resignation of his Deputy,…
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Confusion as thief carts away $75,000 at APC headquarters
There was a bit of confusion at the National Secretariat of the All Progressives Congress on Wednesd…
-
Terrorism Act: Senate prohibits ransom payment to kidnappers
The Senate has passed a bill seeking to amend the Terrorism (Prevention) Act, 2013, which will prohi…
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FAAC SHARES N725.571 BILLION MARCH 2022 REVENUE TO FG, STATES AND LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N725.571 billion …
-
Alleged Assault, Misconduct: CCT Boss Fails in Bid to Stop Senate Probe
Justice Inyang Ekwo of the Federal High Court, Abuja, yesterday refused to stop the Senate from inve…
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N100m form: APC raising funds to prosecute court cases, others –Okorocha
A former Governor of Imo State, Senator Rochas Okorocha, has said the All Progressives Congress jack…
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Elon Musk: US Progressive Twitter accounts lose followers, conservatives gain
Key figures on the American left, Barack Obama among them, have shed thousands of followers since El…
-
Zenith Bank clinches Global Finance’s best bank award
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks …
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Nigeria, UK Affirm Commitment To Strengthen Bilateral Trade Relations
Nigeria and the United Kingdom have affirmed their commitment to removing barriers to bilateral trad…
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N69.4bn Debt: Court Of Appeal Orders Stay Of Contempt Proceedings Initiated By Jimoh Ibrahim Against AMCON
The Court of Appeal sitting in Abuja in Appeal No. CA/ABJ/CV/269/2022 in the case between the Asset …
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Adesina Meets Buhari, Reveals AfDB’s Plans $1.5bn Africa Emergency Food Plan
The President of the African Development Bank, Dr Akiwumi Adesina, has revealed that the bank has de…
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NEPC’s N50bn Export Development Fund to facilitate growth of businesses- Osibanjo
The Vice President, Prof. Yemi Osibanjo has disclosed that the N50 billion Export Development Fund u…
-
Two Million MSMEs Collapsed In Four Years – SMEDAN
The number of micro, small and medium enterprises across the country dropped by about two million be…
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Over $10bn food production at risk in Nigeria, others –AfDB
e African Development Bank Group President, Dr Akinwumi Adesina, says a fertiliser crisis triggered …
-
FG shortlists bidders for 12 highways in Lagos, Kano, others
The Federal Government has announced that it had identified preferred/reserved bidders for 12 federa…
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Economic recovery: World Bank earmarks $170bn lifeline for Nigeria, others
The President of the World Bank Group, David Malpass, has said the bank is working on a crisis respo…
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Nigeria, Others Cant Access N100bn UN climate fund – NiMet
The Nigerian Meteorological Agency has decried the inability of Nigeria and other African countries …
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Twitter: Musk promises free speech after $44bn purchase
Elon Musk has agreed a deal to buy Twitter for about $44bn. This was confirmed on Monday after Twitt…
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FG to take 35 million people out of poverty by 2025
The Minister of State, Finance, Budget and National Planning, Clem Agba, on Monday, said the Federal…
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BREAKING: Elon Musk buys Twitter for $44bn
Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a de…
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2023: It’ll amount to injustice if I refuse to serve Nigeria –Osinbajo
The Vice President, Prof. Yemi Osinbajo on Monday visited the Ondo State Governor, Rotimi Akeredolu,…
-
Nigeria to commence production of local bitumen
The Minister of Mines and Steel Development Olamilekan Adegbite has said that the cost of road cons…
-
BoI, UNIDO Partners to Boost Industrial Energy Efficiency
The Bank of Industry (BOI) and the United Nations Industrial Development Organisation (UNIDO) have p…
-
MTN Nigeria Signs Historical N127bn Series 1 & 2 CP Issuance
MTN Nigeria Communications Plc, yesterday made history with the signing of a whooping N127 …
-
NGF Blames Economic Woes On Worsening Insecurity, Currency Depreciation
There is no denying the fact that Nigeria’s worsening security situation and currency depreciation a…
-
AfDB predicts energy, food price hikes in Nigeria, others
The President, of the African Development Bank Group, Dr Akinwumi Adesina, has said that the costs o…
-
FAAN to introduce ‘park and pay’ at Abuja airport
The Federal Airports Authority of Nigeria is getting set to introduce the park and pay scheme at the…
-
Discos reject 2,495.3MW in one week – Report
A total of 2,495.3 megawatts of electricity was not utilised nor distributed by power distribution c…
-
NCC, Stakeholders Brainstorm on Blockchain’s Benefits to Economy
The Nigerian Communications Commission (NCC), stakeholders in the academia, the public sector and en…
-
Government borrowing sustainable, says DMO boss
Contrary to the anguish being expressed in some quarters over the country’s rising debt stocks, the …
-
Buhari Orders Security Agencies to Intensify Clampdown on Illegal Refineries
President Muhammadu Buhari Sunday directed the nation’s armed forces, security and intelligence agen…
-
Nigeria’s crude oil production rigs drop by 37.5%, says OPEC
The number of functional crude oil production rigs in Nigeria decreased by 37.5 per cent to jus…
-
Limited funding hinders anti-corruption fight at ports, says ICPC
The Independent Corrupt Practices and Other Related Offences Commission has blamed limited funding f…
-
SEC Solicits NESG’s Support on Economic Development
Oluwasina Phillip The Securities and Exchange Commission has restated the vital role the capital mar…
-
Nigeria, Others To Experience High food prices till 2023–IMF
The International Monetary Fund says the impact of the war in Ukraine is likely to sustain pressure …
-
AfDB earmarks €10m equity investment to drive technologies in the wake of Covid-19
The Board of Directors of the African Development Bank has approved an equity investment of €9.8 mil…
-
Stock Market Sustains Positive Momentum for Third Consecutive Session, Adds N46bn
The stock market of the Nigerian Exchange Limited (NGX) sustained its positive momentum for the thir…
-
Biden announces new $800m military aid for Ukraine
US President Joe Biden announced Thursday a new package of $800 million in military aid for Ukraine,…
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Prioritise skill acquisition, not certificates, FG tells Nigerians
The Minister of Communications and Digital Economy, Prof Isa Pantami, has said Nigeria is challenged…
-
Stop fuel subsidy payment, CIBN tells FG
THE President of the Chartered Institute of Bankers of Nigeria, Dr Bayo Olugbemi, has advised the Fe…
-
Dangote Refinery’ll reduce import bill by 40% – Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, says Dangote Refinery will reduce Nige…
-
Oil price rises to $107 as OPEC projects steady demand growth
Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation…
-
Reps summon Sylva, Kyari, others over allege cover-up on refineries
The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria has summoned th…
-
Jonathan may Contest for President, Says Political Process Ongoing
Former President Goodluck Jonathan on Friday reacted to calls that he should contest for President, …
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Domestic, int’l passengers rise by 44%, hit 15.23million
Nigerian Airports witnessed increased patronage between January and December 2021, as the number of …
-
JAIZ BANK POSTS N4.37BN PROFIT IN 2021
Jaiz Bank Plc, the Premier Non-Interest Bank in Nigeria has released its audited financial results f…
-
CBN Probe Fire Incident At Makurdi Branch
The Central Bank of Nigeria has ordered a probe into the cause of the fire incident at its Makurdi b…
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Insecurity: 2023 elections must hold, INEC insists
The Independent National Electoral Commission on Thursday said that no amount of security challenges…
-
FG To Implement Blockchain Technology In Nigeria
The Director-General of the Bureau of Public Service Reform, Dr Dasuki Arabi, has said that the Fede…
-
SIM-NIN: Telecom consumers set to sue FG, demand policy suspension
Telecommunications subscribers under the aegis of the National Association of Telecoms Subscribers h…
-
Insecurity: Buhari meets with ministers, service chiefs
President Muhammadu Buhari is currently presiding over a meeting with some ministers and heads of se…
-
2023: Group to buy N100m presidential nomination form for Tinubu
A support group, Asiwaju Project Beyond 2023, has expressed its readiness to purchase the presidenti…
-
External reserves return to growth path, gain $243.83m
Nigeria’s external reserves rose by $243.83m in 19 days, according to figures obtained from the Cent…
-
FG Laments Attacks on Public Infrastructure, Urges Nigerians to Protect Power Assets
he federal government has urged Nigerians to rise and consciously protect Nigeria’s public infrastru…
-
FG plans to woo foreign-registered startups
THE Federal Government has said it is creating an enabling environment for new businesses especially…
-
IMF Raises Nigeria’s Economic Growth Forecast From 2.7% To 3.4%
The International Monetary Fund has raised Nigeria’s economic growth projection in the 2022 fi…
-
Group partners Bankers’ Committee on financial literacy
Junior Achievement Nigeria has entered into a partnership with the Central Bank of Nigeria Bankers’ …
-
Why we can’t regulate prices of goods—FCCPC Boss
The Federal Competition and Consumer Protection Commission has said that it has no power to regulate…
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FG Seals pact to Host 2022 Global Tourism Conference
Michael Uche The federal government has signed an agreement to host the first Global Conference on C…
-
BoI Group records N62.28bn profit
Oluwasina Phillip The Bank of Industry Group has reported a profit before tax of N62.28 billion for …
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Power generation crashes by 903MW, national grid crisis persists
The latest figures on Nigeria’s power grid performance released on Tuesday showed that the quantum o…
-
CBN Debits 10 Banks N7.02trn Over CRR Violation
The Central Bank of Nigeria (CBN) in 2021 debited 10 banks a whooping N7.02 trillion over failure to…
-
FCTA Seals Ministry of Works, FCC, Others over N10bn Debt
The Federal Capital Territory Administration (FCTA) has sealed the Federal Ministry of Works and the…
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Afreximbank Grows Assets To $22bn In 2021
Ololade Omosan-Agie The African Export-Import Bank has released the consolidated financial statement…
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High domestic not good for Nigeria’s economic stability, says IMF
The International Monetary Fund has warned that increasing levels of domestic government borrowing f…
-
Four States Yet To Pay Minimum Wage
Oluwasina Phillip Almost four years after the National Minimum Wage Act was signed into law, the Nig…
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Vandalism, others push oil firms’ bank borrowing to N5.68tn
The combined bank borrowing of oil firms operating in the downstream and upstream subsectors of the …
-
Nigeria to Benefit as IMF Approves $45bn for Low,
The International Monetary Fund (IMF) has approved a $45billion trust fund to help low and vulnerabl…
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Late Statistician General, Harry For Burial April 22
The late Statistician-General of the Federation, Simon Harry will be laid to rest on April 22, the f…
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Nigeria, other SSA countries may have 463.6 million poor people
The World Bank has projected that the number of poor people in Nigeria and other Sub-Saharan African…
-
NNPC to deliver $2.6bn gas pipeline Q1 2023
The Nigerian National Petroleum Company Limited and its contractor handling the bulk of the $2.6bn A…
-
Over 63,000 aggrieved contributors dump PFAs, transfer N226.98bn
No fewer than 63,728 workers under the Contributory Pension Scheme that were displeased with th…
-
Buhari reconstitutes Board of Federal Mortgage Bank
The President, Major General Muhammadu Buhari (retd.), has approved the reconstitution of the Board …
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What Govt Must Do To Increase Voluntary Tax Compliance—Expert
A financial expert, Dr. Philip Akiode has highlighted some of the steps that the government must tak…
-
Lagos-Ibadan, Itakpe-Warri Rail E-Ticketing Concession To generate N140bn For Govt—ICRC
The Infrastructure Concession Regulatory Commission has issued two Full Business Case certificates (…
-
National Assembly approves N4tn for petrol subsidy
The National Assembly has passed amendments to the 2022 Appropriation Act which raised the subsidy o…
-
Cashew nuts, others’ exports hit N56bn in Q1 –Customs
The TinCan Island Command of the Nigeria Customs Service has said the total tonnage of goods exporte…
-
Airlines, agents to begin sale of tickets in dollar
Some of the foreign airlines flying into Nigeria will on April 19 begin the sale of their tickets in…
-
Emirates to increase Lagos, Abuja flights
Emirates Airlines has concluded plans for additional flights to its existing Lagos daily services, e…
-
FRC, others move to boost market regulatory environment
The Financial Reporting Council of Nigeria has said it is important for governance practitioners to …
-
Port Harcourt refinery to produce 60,000 barrels/day early 2023 – FG
THE Minister of State for Petroleum Resources, Chief Timipre Sylva, said the April 2023 completion d…
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Manufacturing Sector Will Suffer Shock Of High Diesel Price, LCCI warns FG
The Lagos Chamber of Commerce and Industry has warned the Federal Government that staying within the…
-
Simon Harry, statistician-general, dies seven months after appointment
Simon Harry, the statistician-general of the federation, is dead He died on Wednesday morning in Abu…
-
World Bank, FG begin installation of solar system in Abia
The World Bank in collaboration with the Federal Government through the Niger Delta Power Holding Co…
-
Easter: FG declares Friday, Monday public holidays
The Federal Government has declared Friday, April 15 and Monday, April 18, 2022, as public holidays …
-
30 tertiary institutions jostle for CBN’s TIES loan
Thirty shortlisted higher institutions drawn from the six geo-political zones have begun the second …
-
NCDMB Pledges Support for LPG Production
The Nigerian Content Development and Monitoring Board (NCDMB), has pledged to continue to support th…
-
NEITI Wants FG to Deepen Reforms in Solid Minerals Sector
Government should continue to deepen the ongoing reforms in the mining sector and oversee the full i…
-
Imported vehicles: Customs slam 15% levy, clearing agents plan strike
Clearing agents operating in the nation’s maritime sector may withdraw their services following the …
-
EU Ambassadors in Nigeria Seek to Strengthen Partnership in Energy Sector
European Union (EU) Ambassadors in Nigeria on Monday paid a courtesy call on the Management of the N…
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FG Recovers N53.2bn From Debtors, Says Finance Minister
The Federal Government has recovered over N53.2bn from debtors currently owing its Ministries, Depar…
-
MTN gets final approval to operate payment service bank
The Central Bank of Nigeria has granted Momo Payment Service Bank Limited final approval t…
-
AfDB Appoints Rot-Münstermann As Evaluator-General
Ololade Omosan-Agie Mrs. Rot-Münstermann, a Dutch citizen has been appointed the Acting Evaluator Ge…
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WHY I AM RUNNING FOR PRESIDENT–OSINBAJO
Oluwasina Phillip Nigeria’s Vice President , Yemi Osinbajo, has finally declared his intention to ru…
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Buhari Hails Business Magnate, Aliko Dangote, at 65
President Muhammadu Buhari has felicitated the Chairman and Chief Executive Officer of Dangote Group…
-
FG begins dry season wheat harvest, targets 1,000MT
The Federal Government has commenced the harvesting of wheat from its first dry season wheat farm in…
-
SEC Committed to Technology Driven Market- YugudaThe Securities and Exchange Commission has restated its commitment to ensuring that technology plays…
-
CBN, others partner to close infrastructure deficit, raise $37bn
The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the Infrastructure Corporation of N…
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We Have No Hand In Death Of Female Guest At Our Hotel—Agete Luxury Hotel Management
Ololade Omosan-Agie The management of Agete Luxury Hotel has said that it was untrue that it has a h…
-
CBN Visits Agro-Allied Resources Plantation in Edo State
The Central Bank of Nigeria (CBN), led by its governor, Godwin Emefiele, paid a courtesy visit to th…
-
FCMB records N22.7bn profit
FCMB Group Plc said its profit before tax rose to N22.7bn as of the end of 2021 financial period, fr…
-
UBA gives N2.3trn loans to customers
The Chairman, United Bank for Africa, Tony Elumulu, on Thursday said UBA was able to drive down its …
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Nigeria, others at high risk of debt distress, IMF warns
Nigeria and 72 other countries are at high risk of debt distress or already in debt distress, accord…
-
Currency in circulation falls by N42.43bn in two months
Currency in circulation fell by N42.43bn between January and March, figures obtained from the Centra…
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Why dollar scarcity persists in Africa, by IMF
The International Monetary Fund (IMF) has explained why dollar scarcity persists in emerging economi…
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No plan to reduce duty on imported vehicles – Customs
The Nigeria Customs Service has said that there are no plans for duty reduction on imported vehicles…
-
Buhari Writes House, Seeks Revision of 2022 MTEF
President Muhamadu Buhari has written to the House of Representatives, requesting the revision of th…
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Air passengers grow by 34% in Nigeria, others — IATA
The International Air Transport Association says air travel in Nigeria and other African countries g…
-
CBN fines three banks N800m over crypto transactions
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country fo…
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RMAFC Presents New Revenue Formula To Buhari, Slashes FG’s Allocation
The Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, on Thursday proposed a 3.33% redu…
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SEC Working On Sectoral Strategy To Tackle Cybersecurity Risks On Capital Market—Yuguda
Ololade Omosan-Agie The Securities and Exchange Commission is currently working along with other age…
-
Adebayo Inaugurates Inter-Ministerial Committee On Effective Management Of Trade Matters
Oluwasina Phillip The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Thursday…
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NAPIMS Gets ISO 22301 Certification, Emerges First Public Institution to Achieve Feat
The National Petroleum Investment Management Services (NAPIMS), a subsidiary of the Nigerian Nationa…
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Customs promote 3,466 officers
THE Nigeria Customs Service Board has approved the promotion of 3,466 General Duty and Support Staff…
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Afreximbank Unveils $4bn Facility For African Countries
The Board of Directors of African Export-Import Bank has approved the launch of the Ukraine Crisis A…
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Covid: FG Lifts 12 Midnight to 4am Nationwide Curfew
The federal government has lifted the nationwide curfew from 12 midnight to 4 a.m. imposed in 2019 t…
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Total assets of 882 microfinance banks rises from N856bn to N1.35tn
The total assets of Nigeria’s microfinance banks increased to N1.35tn by the end of September 2021, …
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African Countries To Benefit From Fresh AfreximBank’s $207m Covid-19 Facility
The African Export-Import Bank on Friday in Cairo announced the finalization of a $207m fa…
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Nigerians living in hardship, businesses suffering, says Elumelu
The Chairman, United Bank for Africa (UBA), Tony Elumelu, has blamed the poor electricity supply, hi…
-
FG Reviewing Trade Policy With Ukraine
The Minister of the Federal Ministry of Industry, Trade and Investment, Mr. Adeniyi Adebayo, has urg…
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FG, LCCI highlight importance of mining sector investment
THE Lagos Chamber of Commerce and Industry and the Federal Ministry of Mines and Steel Development h…
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AfDB secures $15.6bn for Lagos-Abidjan highway corridor
The President of the African Development Bank, Dr Akinwumi Adesina, announces that the bank has secu…
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We Are Addressing Challenges Of Domestic Revenue Mobilization—Finance Minister
Ololade Omosan-Agie Recognising that Nigeria is contending with increasing fiscal and domestic reven…
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Emefiele Pushes For More Women In Top Management Positions
Michael Uche The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, said the Bank has issued ge…
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NUPENG cries out as cooking gas price rises again
The Liquefied Petroleum Gas Retailers Branch of the Nigeria Union of Petroleum and Natural Gas worke…
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How Nigeria Can Reduce Rising Food Prices –LCCI
THE Lagos Chamber of Commerce has blamed Nigeria’s poor infrastructure for the country’s inability t…
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Many scanners at Nigeria’s obsolete, says Customs CG
The Comptroller-General of the Nigeria Customs Service, Hammed Ali, has said most of the scanners av…
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Suspend N10 Per Liter Tax On Non-Alcoholic Beverages, CPPE Urges Buhari
The Centre for the Promotion of Private Enterprise has said that the N10 per liter excise duty impos…
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DEEP BLUE PROJECT: HOUSE COMMITTEE ON NAVY COMMENDS NIMASA’S TRANSPARENCY
Oluwasina Phillip The Chairman House Committee on the Nigerian Navy Honorable Yusuf Gagdi has comm…
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AfDB unveil $1bn plan to reduce Africa’s dependency on Russian wheat
The African Development Bank has announced a $1 billion plan to boost wheat production in Africa to …
-
Transport ministry opposes 12% revenue allocation to maritime varsity
The Federal Ministry of Transportation has opposed the proposal by the House of Representatives to a…
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NCC To Protect Consumer From Exploitation By Network Operators
The Nigerian Communications Commission has set up a Telecom Consumer Assistance, Resolution and Enqu…
-
NCDMB’s Investment in Base Oil Plant to Materialise in 2022
The Nigerian Content Development and Monitoring Board (NCDMB) investment in Bunorr Integrated Energy…
-
Crude oil production drops as Nigeria misses OPEC quota again
The latest data from OPEC indicated that Nigeria missed its oil production target again in February,…
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FG to channel $2.2bn Eurobond for fuel subsidy funding– Finance Minister
The Federal Government is planning to tap €2bn ($2.2bn) by this month or next of the money it raised…
-
Reps grill Amaechi, BPE officials over $214m Deep Blue contract
HE Bureau of Public Procurement has told the House of Representatives’ Committee on Navy that it doe…
-
NCC Calls on Stakeholders to Protect Consumers from Financial Losses
The Nigerian Communications Commission (NCC) has called on stakeholders in the digital finance secto…
-
Buhari Renews Pitan’s Appointment As BoI MD
Ololade Omosan-Agie President Muhammadu Buhari has approved the renewal of the appointment of Mr Olu…
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Higher oil prices’ll increase subsidy cost, Fitch tells Nigeria
Fitch Ratings has affirmed Nigeria’s long-term foreign-currency issuer default rating at ‘B’ with a …
-
China Remains Nigeria’s Major Partner As Nigeria Merchandise Trade Hits N11.7trn
The National Bureau of Statistics on Tuesday put Nigeria’s total trade in the fourth quarter of 2021…
-
CBN Introduces Cash Centres To Reduce Currency Management Cost
The Central bank of Nigeria has introduced a cash collection centre to enable it reduce cost and imp…
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Fuel crisis, others push inflation rate to 15.7% in February –NBS
Michael Uche The Consumer Price Index rose to 15.7 per cent in February from 15.6 per cent in Januar…
-
Akeredolu urges Muslims, Non-Muslims to patronise Jaiz Bank
Oluwasina Phillip The Ondo State Governor, Rotimi Akeredolu, SAN, has commissioned Jaiz Bank Branch …
-
FG addressing Nigerians’ shelter need through housing estate – Buhari
President Mohammadu Buhari on Monday, said his administration was addressing the challenge of inadeq…
-
FCCPC begins investigation of activities of Illegal Online Banks
The federal government through the Federal Competition and Consumer Protection Commission has ordere…
-
Lekki seaport’ll contribute $360bn to Nigeria’s GDP – FG
The Lekki Deep Seaport in Lagos Free Trade Zone is going add about $360bn to Nigeria’s Gross Domesti…
-
Nigeria Earns N624.45bn From Solid Minerals
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that over 2,119 compa…
-
Silverbird, names AfDB’s Adesina 2021 ‘Extraordinary Personality of the Year’
Oluwasina Phillip African Development Bank Group President Dr. Akinwumi A. Adesina, has received the…
-
SEC Seals Oxford International Group, two others for alleged Illegal Activities
Ololade Omosan-Agie The Securities and Exchange Commission (SEC), has sealed the premises of Oxford …
-
Russia-Ukraine war: Prices of products will soon rise, LCCI warns Nigerians
The Lagos Chamber of Commerce and Industry has warned Nigerians to brace for an imminent increase in…
-
Over four million Nigerians lack food security—IMF
The International Monetary Fund estimates that the number of Nigerians lacking food security in…
-
Free Trade Zones: FG Increases License Validity Period To Five Years
Oluwasina Phillip The federal government has directed that the validity period of licenses for opera…
-
Fuel Subsidy Huge Burden For Govt—Finance Minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has described the current f…
-
Russia-Ukraine War: Dangote Advises FG To Ban Maize Export Over Imminent Scarcity
Afirca’s richest man Aliko Dangote has advised the Federal Government to temporarily ban…
-
JAIZ BANK BRANCH NETWORK HITS 44
Jaiz Bank Plc, the premier non-interest bank in Nigeria has opened a new branch in Abuja at the Nati…
-
Women Receive N62bn Business Support Loan From DBN
The Development Bank of Nigeria has disbursed over N98bn to female entrepreneurs in Nigeria as at Fe…
-
FCCPC To Protect Consumers Against Exploitation By Artisans
The Federal Competition and Consumer Protection Commission has promised to protect consumers against…
-
ITF, NECA Produced 12,603 Highly Skilled Technicians
The partnership between the Industrial Training Fund and the Nigerian Employers Consultative Associa…
-
Why Nigeria Has Not Met OPEC Oil Production Quota–FG
The Federal Government said its inability to meet the oil production quota allocated to Nigeria by t…
-
IMF Okays $1.4bn emergency financing for warn-torn Ukraine
The Managjng Director of International Monetary Fund (IMF), Kristalina Georgieva, has&n…
-
NAICOM to Sanction Firms for Failure to Comply with Digital Regulatory Model
The National Insurance Commission (NAICOM), has said that it would sanction any insurance firm …
-
Gender Equality Key to Sustainable Future – SEC DGThe year 2022 has been described as pivotal for achieving gender equality in the context of climate …
-
TCN blames low generation for nationwide incessant outages
THE Transmission Company of Nigeria says the current load shedding being experienced nationwide is a…
-
LCCI canvasses gender reforms in governance
The Lagos Chamber of Commerce and Industry has called for critical policy and social reforms that pu…
-
Oil Price To Soar As US, UK, Others Ban Import From Russia
The United States and the United Kingdom have banned the importation of oil and gas from Russia. The…
-
FIRS Offers Concession To Taxpayers With Outstanding Foreign Currency Tax Liabilities
Oluwasina Phillip Taxpayers who have outstanding foreign currency tax liabilities can now take advan…
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55 oil companies owe FG N1.32tn -NEITI report
The Nigeria Extractive Industries Transparency Initiative has released the 2020 oil and gas industry…
-
Customs suspends implementation of VIN policy for 30 days
After nearly two weeks of protests, the Nigeria Customs Service (NCS) has officially announced …
-
Badagry expressway ll be 80% completion Feb 2023 – FG
The Director of Federal Highways in South West, Mr Adedamola Kuti, says the N15bn provided through t…
-
NEPC seeks youth participation in global market
The Nigerian Export Promotion Council has charged youths to tap into the numerous opportunities in t…
-
NNPC releases 381.8 million litres of fuel, queues lessen
The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims b…
-
Nigeria Air: FG asks private sector partners to submit proposals
The federal government says it has officially opened a bid for proposal on the national carrier. The…
-
PenCom Lists Edo, 3 Others as Only States Complying with Contributory Pension
Edo workers have commended the state governor, Mr. Godwin Obaseki for prioritizing the welfare of ci…
-
BOI Fosters Export-oriented Women Led Businesses with $10m
In a bid to promote export businesses led by women, the Bank of Industry (BOI) has invested $10 mill…
-
CBN pledges support for Lekki FTZ
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, says Infrastructure Company Limited will …
-
UBA’s profit rose to N153bn in 2021 – Report
Ololade Omosan-Agie United Bank for Africa Plc said it recorded N153bn profit for the 2021 financial…
-
Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMF
Oluwasina Phillip The International Monetary Fund says countries that have very close economic links…
-
Oil refining’s GDP contribution drops by 47.94% in one year—NBS
The oil refining sub-sector’s contribution to the nation’s Gross Domestic Product recorded a de…
-
Emefiele: Agricultural Sector Saving Grace to Nigeria
Micheal Uche The Governor, Central Bank of Nigeria (CBN) has expressed satisfaction with the level i…
-
NCDMB, others to meet 10% local LPG demand
The Nigerian Content Development and Monitoring Board says it has secured approval to work with sele…
-
Nigeria Records 195 Million Telephone Subscribers In 2021–NCC
Nigeria’s phone subscribers hit 195.4 million in December 2021, according to the Nigerian Comm…
-
FG Blames Poor Power Supply On Low Water Supply
The Minister of Power, Abubakar Aliyu, has said that the poor state of power supply being experience…
-
Filling Stations Hoarding Petrol Risk Paying Huge Penalty —-NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that fuel sta…
-
NNPC Records 353% Increase in Trading Surplus
Oluwasina Phillip The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a trading…
-
Minister Assures Beer Producers Of Govt Support
Ololade Omosan-Agie The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has expre…
-
Dangote Cement, Lafarge Post N1.67trn Revenue
Ololade Omosan-Agie Two big players in the Nigerian cement industry, Dangote Cement Plc and Lafarge …
-
FCCPC Orders Reversal Of Airfare Increase
Oluwasina Phillip The Federal Competition and Consumer Protection Commission has faulted the recent …
-
2022 Revised Budget To Be Passed Next Week-Senate
The Senate has passed the 2022 Appropriation Act (Amendment) Bill for second reading. The President …
-
We have enough fund to repay distressed banks’ depositors – NDIC
The Nigeria Deposit Insurance Corporation on Thursday in Kaduna said it had enough funds to pay depo…
-
Nigeria accounts for 35% of $4bn startups funding in 2021′- Osinbajo
African technology startups raised over $4 billion funding for 564 startups in 2021 with Nigeria acc…
-
SEC Moves To Enhance Integrity Of Capital Market Instruments, Demands ‘No Objection’ Letter From Regulatory Agencies
Uche Micheal The Securities and Exchange Commission has stated that Issuers would henceforth be requ…
-
Lekki Deep Sea Port at 81 percent completion – ICRC
The Infrastructure Concession Regulatory Commission (ICRC) wishes to state that the Lekki Deep Sea P…
-
PTAD: Robust Pension Arrangement is Solution to Corrupt Practices in Civil Service
The Pension Transitional Arrangement Directorate (PTAD), has said that robust pension arrangement is…
-
CBN e-valuation: Clearing agents insist on strike despite Customs intervention
EFFORTS by the management of the Nigeria Customs Service, to get striking clearing agents back to wo…
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NNPC vows to increase production as Brent crosses $105/barrel
BRENT, the crude against which Nigeria’s oil is priced, crossed the $105/barrel price as it rose to …
-
Senate approves committee’s report on NIPOST Bill
The Senate has approved the conference committee report on the Nigeria Postal Services Act (Repeal a…
-
Net Zero Target Uncertain With 40% Used Vehicles Dumped in Nigeria, Others
Nigeria’s chances of a net zero target remain hobbled, with over 40 per cent of all used vehicles di…
-
FG Reinforces Bilateral Ties with Israel
Nigeria has reinforced and solidified bilateral ties with Israel in Science, Technology and Innovati…
-
FG laments poor implementation of donor-financed projects
The Federal Government on Tuesday said it will scale up the level of implementation for donor-financ…
-
NNPC to focus on gas development as more IOCs exit Nigeria
The Nigerian National Petroleum Company Limited has insisted that it would continue to develop Niger…
-
Zenith Bank’s profit rise by 10%, hit N280bn
Michael Uche Zenith Bank Plc says its gross earnings rose by 10 per cent to N765.6bn as of the end o…
-
Buhari commends BUA Group for bridging cement deficit gap
Ololade Omosan-Agie President Muhammadu Buhari has applauded the BUA Group for its strides in narrow…
-
NLC Begins Protest In Abuja, Demands Autonomy For Local Govt, Judiciary
The Nigerian Labour Congress on Monday staged a peaceful protest in Abuja with a demand from the Nat…
-
FCCPC Partners NCAA to Curb High Airfare
The Federal Competition and Consumers Protection Commission (FCCPC) has partnered the Nigerian Civil…
-
Firm restates commitment to tackling housing deficit
Oluwasina Phillip A real estate firm, Octo5 Holdings, has again reaffirmed its commitment to making …
-
FG urges mining companies to abide by community devt agreements
The Federal Government has urged mining companies to be more responsible and abide by community deve…
-
Buhari inaugurates first internet-enabled CBN branch
President Muhammadu Buhari has inaugurated the first Central Bank of Nigeria (CBN) internet-enabled …
-
Banks Expose Clients with Suspicious Dollar Transactions
In line with the resolve of the Central Bank of Nigeria (CBN) to halt a regime of arbitrage in the f…
-
Unremitted Pension: PenCom To Take Legal Action Against 29 Defaulting Firms
The National Pension Commission has said it recovered N2.55bn pensions deducted by employers fr…
-
Establish gold plants in Nigeria, FG urges investors
The Minister of Mines and Steel Development, Olamilekan Adegbite, has urged investors to establ…
-
MTN, Mafab Pay N234.5bn To FG For 5G Licences– NCC
Oluwasina Phillip MTN Communication Nigeria PLC and Mafab Mafab Communications Limited have paid $56…
-
Airfare hikes appear as coordinated action by airlines, FG insists
The Federal Government on Thursday insisted that the sudden and over 60 per cent hike in airfares by…
-
FAAC SHARES N574.668 BILLION JANUARY REVENUE TO FG, STATES AND LGCs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N574.668 billion January 2…
-
PenOp Advocates Informal Sector Inclusion In Micro Pension Scheme
The Chief Executive Officer of the Pension Operators Association of Nigeria, Mr. Oguche Agudah has c…
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Extend Micro Pension Plan to Informal Sector,” says Association
The need to strengthen the post-retirement financial capability of all working Nigerians across all …
-
Rising Oil Prices Worry FG, Says Nigeria Not Gaining from Soaring Rates
The federal government yesterday expressed concern over the rising international prices of crude oil…
-
SON calls for protection of local industries
The Director General, Standards Organisation of Nigeria (SON), Mallam Farouk Salim, has harped …
-
DBN loans N439bn to 180 businesses
The Development Bank of Nigeria ( DBN) has advanced more than N439 billion credit facilit…
-
World Bank sanctions Nigerian firm, MD over alleged corrupt practices
The World Bank has sanctioned AIM Consultants Limited, a Nigerian consultancy company, and its Manag…
-
FG increases school feeding cost to N100/child, spends N1bn daily
The Federal Government has increased the cost of feeding a primary school pupil from N70 to N100 and…
-
SystemSpecs Names Ernest Ndukwe As New Chairman
Ololade Omosan-Agie SystemSpecs has named former MTN Executive Vice Chairman of Nigerian Communicati…
-
DISTRESSED VESSEL MOVED OFF FEDERAL OCEAN TERMINAL ONNE
A Nigerian flagged Motor Vessel, MV VIGEO ADEBOLA which was reported to be distressed midstream Fede…
-
Reps grill oil firms over dirty fuel imports
The House of Representatives’ Committee on Petroleum Resources (Downstream), on Tuesday, grilled two…
-
How We Unlock Infrastructure Funding Through Sukuk Bond–Finance Minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said that since it…
-
Annual Loss Of N160Bn To Fake Motor Insurance Worrisome- NCRIB
The President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Rotimi …
-
Exclusion Of Police From CPS Bad For Pension Industry—Pencom
Oluwasina Phillip The National Pension Commission (PenCom) has said that the Contributory Pension Sc…
-
No need for aggressive oil production by OPEC, say Nigeria, Iraq
There is no need for the Organisation of Petroleum Exporting Countries to be more aggressive in its …
-
FG gets blueprint to boost revenue from cocoa
The Minister of Agriculture and Rural Development, Mahmood Abubakar, on Tuesday, announced that the …
-
Finance Minister Says Savings Will Grow economy
Chibuzor Harrison Mobilization of domestic savings for capital formation and investment has been ide…
-
PHOTOS: Strengthening Industrial Property Rights Enforcement In Nigeria
From Left: Head, National Central Bureau(NCB),Abuja and Vice-President, Interpol(Africa) AIG Dr Garb…
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Buhari Set to Inaugurate NDPHC’s Lafia Substation
President Muhammadu Buhari will on Thursday inaugurate the recently energised Lafia 2X150 MVA and 2X…
-
5G network rollout in Nigeria’ll require huge infrastructure –NCC
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, P…
-
Nigeria, Ghana Urged to Explore AFCFTA Opportunities
The President, Lagos Chamber of Commerce and Industry (LCCI), Dr. Michael Olawale-Cole, has stated t…
-
Security Critical for National Development, Says Accountant General
The Accountant General of the Federation (AGF), Mr. Ahmed Idris, has insisted that national security…
-
Stock market capitalisation falls to N25.41tn
The market capitalisation of equities listed on the Nigerian Exchange Limited fell by 0.12 per cent …
-
FG admits inspection failure caused dirty fuel import
The scarcity of Premium Motor Spirit, popularly called petrol, which has lingered for about two week…
-
ITF, NCDMB commence 100 youths training on 8 vocational skills
Chibuzor Harrison The Industrial Training Fund (ITF) in collaboration with the Nigerian Content Deve…
-
NIMASA RENEWS MoU WITH WORLD MARITIME UNIVERSITY•
Ololade Omosan-Agie The Nigerian Maritime Administration and Safety Agency (NIMASA), has …
-
Afreximbank to advance Zanzibar’s development agenda
Oluwasina Phillip African Export-Import Bank (Afreximbank) and the Revolutionary Government of Zanzi…
-
FG Seeks Investors to Improve Power, Says Minister
Ololade Omosan-Agie The Minister of Power, Mr. Abubakar Aliyu, has said the federal government is wi…
-
Currency in circulation hits N3.33tn on cash transactions
The currency in circulation rose by N418bn to N3.33tn as of December 31, 2021, from N2.91tn a year e…
-
Ethiopia begins power generation at Nile mega-dam
Ethiopia began generating electricity from its mega-dam on the Blue Nile on Sunday, a milestone in t…
-
Niger Delta deserves massive development – Osinbajo
Oluwasina Phillip Vice-President Yemi Osinbajo (SAN) says the people Niger Delta deserve considerabl…
-
FG To Earn N5bn From Concession Of Fishery Coastal Terminal, Says ICRC
Chubuzor Harrison The Infrastructure Concession Regulatory Commission (ICRC) said that plans have be…
-
Former NIPC Boss, Sadiku appointed into Flour Mills Board
A former executive secretary and chief executive officer of Nigerian Investment Promotion Commission…
-
Dangote Refinery can accelerate Nigeria’s economic recovery, says IMF
The International Monetary Fund (IMF) has noted that the non-oil sector of the Nigerian economy coul…
-
Investors oversubscribe Nigeria’s February 2022 FGN bond by N407.7bn
Ololade Omosan-Agie Nigeria’s FGN bond issuance for the month of February 2022 by the Debt Managemen…
-
Malami canvasses diversification of economy to boost non-oil sector growth
The Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami has advocated th…
-
We Will Leverage Finance Act, 2021 To Achieve Adequate Funding For Budget – FIRS
Oluwasina Phillip The Federal Inland Revenue Service (FIRS) has stated that it would use the instrum…
-
MTN, Mafab to launch 5G soon as FG hands over spectrum to NCC
The National Frequency Management Council, an agency of the Federal Government, has handed over the …
-
CBN enlightens Delta residents on eNaira usage
The Central Bank of Nigeria, on Friday, enlightened and encouraged Nigerians to embrace the use of e…
-
Pension Fund Assets Hit N13.42tn
Pension assets under the Contributory Pension Scheme rose by N1.11tn in 2021, latest figures obtaine…
-
FG, EU Seek Legal Framework For Products From Nigeria
The federal government in collaboration with the European Union is intensifying campaign for a frame…
-
Over One Million Youths Empowered Through Social Intervention Programme—FG
The federal government on Thursday said it has empowered over one million youths through various ini…
-
SEC Restates Commitment To Proper Regulation
Joshua Atuegwu The Securities and Exchange Commission has again stated that it is committed to sound…
-
AFREXIMBANK Seals 250m Euro Deal With German Agency
Joshua Atuegwu African Export-Import Bank (Afreximbank) is delighted to announce the signing of a lo…
-
Bank loans to private sector rise by N5.1tn, hit N36.7tn – CBN report
Between January and December 2021, the Nigerian banking sector’s credit to the private sector rose b…
-
Nigeria’s GDP expands further by 3.98% in Q4 2021
Nigeria’s Gross Domestic Product (GDP) grew by 3.98% year-on-year in real terms in the fourth quarte…
-
FG Endorses 10 Million Tree Planting Campaign By AFNALPA
Oluwasina Phillip The Federal Ministry of Environment has endorsed the campaign to plant 10 million …
-
AFREXIMBANK Opens Registration For 2022 Certificate Of Trade Finance Programm
Ololade Omosan-Agie African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarter…
-
Scarcity: NNPC To Deliver 2.3 Billion Liters Of PMS To Nigerians
Oluwasina Phillip The Nigerian National Petroleum Company Ltd has begun a 24 hour distribution of pe…
-
Bank of Industry Launches $700m Eurobond
The Bank of Industry (BOI), assisted by Rand Merchant Bank (RMB) has issued a EUR700m Eurobond by wa…
-
World Bank economist warns countries against excessive borrowing
elays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the…
-
FG Says Most Airlines Yet To Upgrade Planes For Bad Weather
The incessant flight delays and cancellations by domestic airlines are due to the failure of the car…
-
FG Not Transparent With Spending Of $3.4bn Covid-19 Loan—IMF
The International Monetary Fund (IMF) has accused the federal government of not being transparent an…
-
SEC Engaging Other Agencies to Curb Ponzi Schemes- Yuguda
Uchenna Ebuka The Securities and Exchange Commission has disclosed that it is engaging the National …
-
Reps raises customs revenue target by N965bn
The House of Representatives Committee on Customs and Excise has approved a budget with estimates to…
-
Buhari sends N2.55trn supplementary budget to National Assembly to fund fuel subsidy, others
President Muhammadu Buhari has transmitted the 2022 Appropriation Act (Amendment) Bill to the Nation…
-
Insurance Firms Paid N238.05bn Claims In 2021–NAICOM
Ololade Omosan-Agie The insurance industry paid the sum of N238.05bn as insurance premium in the 202…
-
Nigeria’s Inflation Rate Drops To 15.60% In January
Oluwasina Phillip The National Bureau of Statistics has said that the Consumer Price Index, which me…
-
TCN Takes Delivery Of 15 Power Transformers
Oluwasina Phillip As part of measures to increase power supply in the country, Transmission Company …
-
Insurance Sector’s Total Premium Hits N508bn in 2021
Chairman of the Nigeria Insurers Association (NIA), the umbrella body of insurance underwriters in t…
-
NUPENG set for strike over alleged diversion of N621bn road fund
The Nigeria Union of Petroleum and Natural Gas workers has declared its support for the imminent ind…
-
Jigawa gets N13.5bn from World Bank’s $750m loan
The Commissioner for Finance in Jigawa State, Ibrahim Umar, has said the state got a N13.5bn grant f…
-
Sahara Group to invest $1bn in LPG infrastructure
Sahara Group has said it is targeting additional $1bn investment in LPG infrastructure. The company …
-
PHOTOS: WTO DG, Nigeria’s Health Minister, Others Meet On Technical Support To Nigeria
Nigeria’s Ambassador to World Trade Organisation, Dr Adamu Abdulhamid; Nigeria’s Minister of Health,…
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Inflation may rise further amid naira depreciation –Report
Analysts at Financial Derivatives Company Limited have said Nigeria’s inflation rate will rise …
-
FG To Get N100bn From CACOVID For Fight Against Insecurity
Ololade Omosan-Agie The Coalition Against COVID-19 is to provide the sum of N100bn to the Federal Go…
-
Nigeria Can Repay Its N35.5trn Debt, FG Tells IMF
Oluwasina Phillip The Debt Management Office has faulted the position of the International Monetary …
-
UK economy rebounds with fastest growth since WW2
The UK economy rebounded last year with growth of 7.5% despite falling back in December due to Omicr…
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CBN To Stop Sale Of Forex To Banks By December
The Central Bank of Nigeria will from December this year stop the sale of foreign exchange to Deposi…
-
Naira slides again, exchanges for 417.51/dollar
The naira continued its downward trend as the dollar was sold for N417.51 at the official market on …
-
Lagos Will Explore NGX To Fund Infrastructure Projects—Sanwo-Olu
The Governor of Lagos State, Babajide Sanwo-Olu yesterday said the State will explore capital raisin…
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Non Collection Of Cocoa Premium Costing Nigeria N60bn – Farmers
The Federal Government had been losing about N60bn annually because of its refusal to collect Living…
-
World Bank, AfDB electrification project financing for Nigeria hit $550m
The Federal Government has put the financing for the Nigeria Electrification Project obtained from t…
-
CBN Extends 5% Interest Rate Concession On Intervention Fund By One Year
The Central Bank of Nigeria has extended the five per cent interest rate on all of its intervention …
-
FG has failed to fix 21 highways, NUPENG claims
The Petroleum Tanker Drivers branch of the Nigeria Union of Petroleum and Natural Gas workers on Wed…
-
AfCFTA Secretariat, Afreximbank Sign Agreement For Management Of Fund
The African Continental Free Trade Area (AfCFTA) Secretariat and African Export-Import Bank (Afrexim…
-
NNPC Takes Delivery Of 300 Million Litres Of Petrol
The Nigerian National Petroleum Company Limited has imported and taken delivery of 300 million litre…
-
FCCPC Investigates Impact Of Methanol Blended Petrol On Nigerians
The Federal Competition and Consumer Protection Commission is currently investigating the impact of …
-
NIPC Eyes More Investments Through National Development Plan
Ololade Omosan-Agie The Federal Government in a bid to attract more investors into the country is co…
-
Igbobi College Honours Awolowo With Service To The Nation Award
Oluwasina Phillip For his contributions to the development of the Nigerian economy, the Board of Tru…
-
SEC Harps on Professionalism in the Capital Market
Ololade Omosan-Agie The Securities and Exchange Commission has again restated the need for capital m…
-
Nissan set to assemble Navara pickup in Nigeria June
Stallion NMN Limited says it is planning to begin assembling of the new Nissan Navara pickup in Nige…
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Insurers pay N11bn claims on EndSARS
The Nigerian Insurers Association has said insurance companies have paid N11bn claims on losses suff…
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NNPC Records $224.29m Proceeds from Export of Crude Oil, Gas in August
Ebuka Uchenna The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29millio…
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Banque Misr invests $80.5m in Afreximbank, becomes largest non-sovereign shareholder
Banque Misr has announced an investment of $201.1m in African Export-Import Bank (Afreximbank), of w…
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IFC Targets $10bn Investments in Africa Annually
The International Finance Corporation (IFC) plans to ramp up its new investments in Africa to $10 bi…
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IMF Seeks Increase in Nigeria’s VAT rate
The International Monetary Fund has called on the Federal Government to further increase the Value A…
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Customs Redeploys PRO, 36 Other Comptrollers To Boost Trade
Oluwasina Phillip The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the…
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Incentives will help keep exporting companies afloat – NEPC Boss
Kelvin Fakoya The Executive Director/CEO of Nigerian Export Promotion Council (NEPC) Dr. Ezra Yakusa…
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Orbit Exploration To Take Over Ogboyega Coal Mines
Ololade Omosan-Agie The National Council on Privatisation has granted approval to Orbit Exploration …
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JAIZ Bank Posts N4.21bn Profit
Oluwasina Phillip Jaiz Bank Plc, the Premier Non-Interest Bank in Nigeria has released its unaudited…
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Afreximbank’s invests in Mauritania’s poultry, dairy production form
Ebuka Uchenna The African Export-Import Bank (Afreximbank) has announced an investment by the Fund f…
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High Crude Prices Have Negative Implication For Nigeria’s Economy—FG
Oluwasina Phillip The federal government has stated that it would not be excited about the rising pr…
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Nigeria, others need $484bn for economic recovery – AfDB president
The President, African Development Bank, Dr Akinwumi Adesina, says Africa needs $484bn over the next…
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LCCI supports efforts to boost investment in free zone
The Lagos Chamber of Commerce and Industry has pledged its support to drive investments into Lagos F…
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SEC Unveils Strategies To Encourage Young Nigerians To Invest In Capital Market
Ebuka Uchenna The securities