Flooding: FG to Send Delegation to Cameroon as Affected Nigerians Rise to 2.5 million
The terrible flooding that has harmed more than 2. 5 million people in Benue, Kogi, Anambra, and other states as a result of rains and the release of water from…
Kogi Communities Jubilate As Dangote Cement Obajana Plant Reopens
There were huge scenes of jubilation among affected host communities; following the Federal Government’s order for the immediate reopening of the Dangote Cement Plc plant at Obajana in Kogi State.…
Nigeria Has a Chance To Increase Its Revenue as a Result of China’s Decision To Stop Selling LNG To Europe.
On October 17, Bloomberg reported that China had instructed its state-owned natural gas importers, including Sinopec and the China National Offshore Oil Corporation (CNOOC), to stop selling liquefied natural gas…
International Telecommunications Union Sets Agenda for Rural Connectivity in Nigeria
The International Telecoms Union (ITU), the world authority in charge of telecommunications, has stated that it is collaborating with the Nigerian Ministry of Communications and Digital Economy; to make sure…
Fraudster Forfeits N40 million in Bitcoins and iPhones to the Nigerian FG.
1.982, 022, 84 units of Bitcoin, valued at N40 million and belonging to a suspected online fraudster, were ordered to be permanently forfeited to the Federal Government by a Federal…
Russian Military Confirms Major Prisoner Exchange With Ukraine.
As part of a significant prisoner exchange with Kiev, a total of 110 Russians have returned home from Ukraine; this is according to the Russian Defence Ministry. 72 civilian sailors…
UK Prime Minister Truss Refuses to Resign
Despite requests from other Conservative MPs, British Prime Minister Liz Truss indicated she had no plans to resign. She made this statement as she battles for political survival over her…
Atleast 10 Hospital Employees in Nigeria’s Niger State Are Abducted by Gunmen.
In northwest Nigeria, armed bandits seeking money have abducted or killed hundreds of people. Officials from the Niger state have claimed that the Islamise militant group Boko Haram has seized…
Nigeria’s Inflation Increased to 20.77% in September, According to NBS.
Nigeria’s inflation jumped to 20.77% in the month of September, 2022. This was stated in the National Bureau of Statistics’ (NBS) monthly report, which was made public. The research states…
Nigeria Air Will Fly In December, according to Buhari
According to President Muhammadu Buhari, the establishment of a national airline for Nigeria is 91% complete; and is to start operating before the end of this year. At the third…
9 Ghanaians Get 72 Years Jail Term For Smuggling 10,843kgs Cannabis Into Nigeria
On October 14, nine Ghanaians who had been detained for trying to smuggle 10,843. 95kg of marijuana into Nigeria across the sea were found guilty and given 72 years in…
China Stops Providing LNG Energy to the EU as Winter Approaches.
Bloomberg reported that China has instructed its state-owned gas importers to halt reselling liquefied natural gas (LNG) to international customers; as the government works to ensure the country’s own supply…
UBA America hosts the International Banking Conference from October 17–21, 2022, Emefiele, Alawuba, and others Drive the Conversation.
The discussions on global economic trends at the 2022 edition of the UBA Group International Banking Conference will be led by the Governor of the Central Bank of Nigeria (CBN),…
Nigeria LNG’s Force Majeure Status, According to Portugal’s Galp, Might Affect Supply Chains.
Portugal’s oil and gas company Galp Energia said it may face additional sourcing disruptions after Nigeria LNG declared force majeure due to a widespread flooding. Galp Energia said in a…
Ghana’s Cedi Ranks Last in the World Against the Dollar.
As speculators continued to force foreign cash into the west African nation prior to an agreement with the International Monetary Fund, the Ghanaian cedi fell to become the worst-performing currency…
U.S. Lawmakers Accuse Trump Of Defrauding Country As President.
According to papers made available by the committee, the former president’s company, The Trump Organisation, charged the nation’s secret service $1,185 per night for hotel rooms used by his security…
As Flooding Hampers the Supply of Gas, Nigeria LNG Announces Force Majeure.
Due to significant flooding that has hampered supplies, Nigeria LNG has declared force majeure; according to a company representative. The statement may make Nigeria’s financial crisis worse and may reduce…
Zamfara State in Nigeria Issues a Closure Decree for Media Covering Political Gathering.
In violation of a state-imposed ban on political activity, Zamfara state, Nigeria ordered five media outlets to shut down; after they covered a political gathering for the opposition People’s Democratic…
The Majority Labour Union and Transnet of South Africa Reach a Three-year Salary Agreement.
Transnet, a state-owned logistics company in South Africa, announced that it had reached a three-year salary agreement with the union that represents the majority of its employees; putting an end…
TCN to Increase Nigeria’s Electricity Supply by 817MW.
Plans to increase Nigeria’s electricity supply to the National Grid by 817 Megawatts have been made public by Transmission Company of Nigeria (TCN) (MWs). The TCN CEO stated that the…
Oil Theft Becomes a Threat to Nigerian Naira.
90% of Nigeria’s foreign exchange revenues in the first quarter of 2022 came from oil and gas; which is a big dependency for the country’s currency stability. According to market…
Sanwo-Olu Authorizes the Lagos Wealth Fund Bill.
The Lagos State Wealth Fund Bill and the Lagos State Civil Bill, which will be submitted to the Lagos State House of Assembly for approval, were signed by the governor…
According to NMDPRA, Dangote’s 650,000bpd Refinery is 97% Finished.
According to announcement from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the 650,000 barrels per day Dangote refinery in Lagos is now 97% complete; and Scarcity ends as…
Despite a Market Sell-off, Payment-focused Cryptocurrencies Rally.
XRP, the token closely associated with Ripple Labs, and MKR, the lending platform Maker, are the only payment-focused cryptocurrencies that are on the rise in “Uptober”; a month that has…
NBC Will Increase Its Investment In Online Banking.
NBC Bank committed to making more efforts in the field of online banking to improve customer convenience and experience. Managing director of NBC Bank, stated to clients at the start…
EFCC Arraigns ex-Lagos Commissioner for Money Laundering.
A former Lagos State attorney general and commissioner for justice, is facing a money laundering accusation from the Economic and Financial Crimes Commission in front of the Lagos Federal High…
The 2023 Budget is Read a Second Time.
For the construction of large-scale housing projects around the state, the Lagos State Government has sought a stronger relationship with the World Bank. The commissioner urged collaboration with the Bank…
Doctors Recruited From Nigeria To Work In UK Hospitals Lament Over Exploitation, ‘Slave Labour’.
A British healthcare company is hiring doctors from Nigeria with the expectation that they will operate in private hospitals; under circumstances that are not permitted by the National Health Service.…
Top 10 Employers in 2022 Seeking a Majority of Remote Positions.
This year, SAP has listed 282,62 remote jobs. SAP’s cloud ERP solutions, which is by technologies like the Internet of Things, Big Data, and others, have a significant global impact.Anthem…
OPEC Reduces Oil Production In 2022 and 2023 as the Economy Sputters.
As a result of slowing economies, the revival of China’s COVID-19 control measures, and high inflation, OPEC reduced its projection for global oil demand growth in 2022; for the fourth…