Naira Depreciation would Worsen Nigeria’s Food and Energy – World Bank.
According to the research, prices for the majority of commodities have dropped from their recent heights in U.S. Dollars amid…
Year: 2022
Amazon Establishes An Office In Nigeria
The first office of an IT company, Amazon Web Services, Inc. (AWS), has reportedly been established in Lagos, Nigeria. Amrote…
The Second-largest Shareholder in Twitter is the Saudi Prince, Alwaleed.
The monarch stated he adhered to his $1. 9 billion equity promise to the social media business’s new owner; after…
Nigeria FG Borrows N5.3tn, Exceeding Loan Goal by N1.12tn.
According to information obtained by The PUNCH, the Federal Government borrowed N1. 15 trillion more than it had planned to.…
Nigeria Issues 650,000 International Passports.
According to the Federal Government, 650 000 foreign passport booklets were in print in 2022, 100,000 fewer than the 750…
Aviation Employees Shut Down the Terminal at Lagos Airport, Disrupting Flights.
Workers in the aviation industry shut down Lagos’s Murtala Muhammed Airport’s Terminal Two (MMA2); resulting in the suspension of early-morning…
According to NCDC, Nigeria is at a High Risk of Contracting Ebola.
According to the Nigeria Centre for Disease Control and Prevention (NCDC), Nigeria faces a significant danger of importing the deadly…
Ghana Guarantees that No Investment will Lose Money As A Result of Continuing Discussions with the IMF.
As it works to complete a $3 billion loan agreement with the International Monetary Fund, the Ghanaian government says it…
International Brewery Estimates a Rise in Sales to N49billion in the Third Quarter of 2022.
The third quarter results for International Breweries Plc have been released, and they indicate a record 5. 6% increase in…
In the Persian Gulf, Iran’s IRGC Intercepts a Foreign Fuel Tanker.
Iran’s military has detained a tanker flying a foreign flag on suspicion of engaging in unlawful smuggling activities. According to…
Ukraine has Reported Airstrikes on Critical Infrastructure.
Ukrainian officials reported Russian strikes on vital infrastructure; with one official reporting that 40 missiles had been spotted in the…
Nigeria Will Increase Gas Drilling by 20%.
According to the Nigerian Upstream Petroleum Regulatory Commission, gas exploration will be 20% deeper in Nigeria. A plan to reach…
Budgets for Lagos, Delta and Cross River, Nigeria Totals at $2.58billion.
State budgets for Lagos, Delta, and Cross River totalling N2.58 trillion were presented. In Lagos, Governor Babajide Sanwo-Olu presented the…
World Food Supplies in Danger as Russia Pulls Out of the Black Sea Agreement.
Following Russia’s departure, hundreds of thousands of tonnes of wheat scheduled for delivery to Africa and the Middle East are…
Lula Defeats Bolsonaro to Retake the Presidency of Brazil.
The leftist Worker’s Party candidate Luiz Inacio Lula da Silva beat incumbent President Jair Bolsonaro; this is according to the…
Ukraine Gets Pounded by Missiles.
Even though Russia had reneged on a U.N. Backed agreement to secure exports from the conflict zone; twelve ships carrying…
Nigeria Immigrants to Canada Ranks Fifth Overall.
According to the country’s 2021 census, Nigeria is one of the top 5 countries of birth for recent immigrants to…
India Bridge Collapse, Death Toll Rises to 134; Police Hold Nine.
The India bridge, which connects the Darbargadh Palace historic hotel with the town, is 1. 25 meters (4.1 feet) wide…
Nigeria FG Plans to Auction off 7 Deep Offshore Oil Blocks Near Lagos.
For the first time in 15 years, the federal government will sell 7 deep offshore oil and gas blocks; The…
Nigeria and Canadas Business Increases to $2.7billion.
According to Temitayo Dada, the Canadian Commerce Commissioner in Nigeria, with $2. 67 billion in annual bilateral trade in goods,…
At least 146 People Died in South Korea’s Halloween Celebrations.
The local fire service has confirmed that a stampede on Saturday night during Halloween celebrations in Seoul, South Korea, resulted…
Non-emergency Government Workers are Instructed by the US To Vacate Abuja, Nigeria.
A higher danger of terrorist attacks prompted the United States to ask non-emergency U.S. Government workers and their families to…
In Nigeria Flood-Stricken State, Cholera Preys on Homeless Children.
On September 14, after cases were confirmed in seven local government areas, the Nigerian government declared a cholera outbreak in…
Sickness and Fatalities in the Monkeypox Epidemic Go Unreported.
Global health organizations have recorded significantly fewer cases in Africa during the current outbreak than in Europe and the US;…
Despite a Decline in Profit to $9.45billion, Shell Increased its Dividend.
Due to weaker refining and gas trading, Shell (SHEL. L) reported third-quarter profit of $9.45 billion, slightly below the second…
A Mall in Abuja Stops Operations Due to Security Concerns.
The management of the Jabi Lake Mall in Abuja’s Utako neighbourhood suspended operations; due to threats to the safety of…
Visa Ban: UAE Extorting Money from CBN and Nigeria.
A poorly thought-out plan to blackmail the government and the Central Bank of Nigeria is being used by the United…
NDLEA Freezes N20billion in 103 Bank Account of a Nigerian Socialite.
The NDLEA has taken control of N20 billion that Afam Ukatu had hidden in 103 bank accounts. Ukatu was in…
Buhari Plans to Trade with South Korea for over $1.3billion.
President Major General Muhammadu Buhari (retd) invited top Korean business executives to increase their investments in Nigeria in Seoul; saying…
Lagos Agriculture Sector to Benefit from Blockchain Platform.
The digitisation of agricultural assets by blockchain infrastructure platform Gluwa is ready to transform the Lagos State agricultural sector. The…