Browsing Category
Local
Shareholders urge banks to lower regulatory penalty.
Investors have urged financial institutions to cooperate with authorities in order to lower the fines and other…
Nigeria at Geneva for the International Labor Conference, along with others.
Participants from Nigeria's three tripartite systems of government, employers' organization, and organized labor…
In 2023, IATA Forecasts Increased Airline Profitability.
IATA, the International Air Transport Association, has raised expectations for 2023 and voiced optimism for…
Nigeria’s Oil Output Drops Below 1 million Barrels Per Day – Report.
According to a report from the Organization of the Petroleum Exporting Countries, Nigeria's crude oil output has…
Nigeria Launches MNVO Operations and Issues Licenses to 25 Enterprises.
The Nigerian Communications Commission (NCC) may have authorized 25 businesses to operate as Mobile Virtual…
ART seeks a crude oil swap to release $810 million in blocked funds for airlines.
Dr. Gabriel Olowo, president of the Aviation Roundtable and Safety Initiative, yesterday urged Mr. Godwin…
Stakeholders Expect an Increase in Call Costs Due to the Telecom Tax.
Muhammadu Buhari, the former president of Nigeria, put a 5% excise levy on telecommunication services into law in…
Reps Call on the Government to Contract Out Refineries to IOCs.
The House of Representatives urged the Federal Government and Nigerian National Petroleum Corporation Limited…
Nigeria Air: Representatives Urge that the Main Perpetrators be Charged.
The House of Representatives Committee on Aviation has demanded the detention, criminal prosecution, and…
Kaspersky claims Nigeria has the second-highest number of cyberattacks in Africa.
According to a Kaspersky research, Nigeria experiences the second-highest number of cyberattacks in Africa. Only…
Nigeria’s Labour Congress to Call Off Strike Over Gasoline Subsidies.
A signed resolution of the agreement stated that Nigeria's largest labor union had decided, following a meeting…
Pension funds investments in FGN securities rise – Report.
At the conclusion of the first quarter of 2023, the portion of the Pension Fund's assets held in Federal…
In Seven Years, Nigerias Debt has Outspaced its Revenue by 13million.
Nigeria's overall debt in seven years exceeded Federal Government revenue by N13.26 trillion. The conclusions were…
NCC: 22.3 million jobs and $13.2 trillion in economic output will be created by 5G…
By 2035, the introduction of 5G technological services, according to the Nigerian Communications Commission (NCC),…
CBN Reports a 27% Decrease in Electricity Export Revenue.
According to The PUNCH, Nigeria's electricity export fell by $58.1 million in a single year due to grid failure.
…
Price-fixing and petroleum equalization eras are finished, according to NMDPRA.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has declared that the era of price…
Nigerian Stocks Exhibit the Region’s Greatest Returns.
The majority of quoted securities in Nigeria outperformed their peers in Sub-Saharan Africa despite the country's…
FG and Foreign Airlines are Scheduled to Meet on Trapped Funds.
The International Air Transport Association, a worldwide airline trade group with headquarters in Switzerland,…
NLC Refuses to Attend a FG Meeting, and Electrical Workers Support Strike.
The Federal Government convened a meeting on Sunday to discuss the elimination of the fuel subsidy and the ensuing…
Outgoing Parliament: Nigeria Spent $25 billion to Repair Refineries.
Nigeria spent more than 11.35 trillion naira ($25 billion) in the last ten years repairing its three inoperable…
According to FIRS, Nigeria’s tax-to-GDP ratio is at 10.86%.
The Federal Inland Revenue Service (FIRS) Executive Chairman, Mr. Muhammad Nami, said yesterday that the nation's…
CLO: Nigeria’s Withdrawal of Gasoline Subsidies will Increase Cash in…
The withdrawal of gasoline subsidies, according to the Nigeria Sovereign Investment Authority's chief investment…
CBN Devalues the Naira to N631 per $1.
The Nigerian Central Bank depreciated the naira from N461.6 to N631 per US dollar.
48 hours after President…
NNPC Increases Petrol Price to Between N488 and N557 Per Litre With End of…
Yesterday, the Nigerian National Petroleum Company (NNPC) Limited increased the price of gasoline at the pump by…
Exchange Rates Used by CBN may Increase Debt Loads, According to W’Bank.
David Malpass, the president of the World Bank Group, has issued a warning that Nigeria's parallel exchange rate…
Naira Increases on the Black Market and Reaches 750/Dollar.
The naira's value versus the dollar increased at the parallel market, where it closed on Wednesday at N750 as…
Telcos are retiring obsolete USSD codes.
As instructed by the Nigerian Communications Commission, telecommunications companies have begun to phase out…
States are severely lacking in debt management and financial transparency –…
The Central Bank of Nigeria (CBN), said strategic efforts must be made to fortify States’ capacity in the…
Report: Release $802m to the Aviation Sector.
Dr. Seinde Fadeni, Chairman of the Board of Nigerian Aviation Handling Company Plc (NAHCO), has urged the Federal…
Tinubu takes over N16tn of the unfinished projects.
According to research by The PUNCH, Bola Tinubu, the newly elected president of Nigeria, has formally taken over …