Browsing Category
Local
Climate Change: UK Commits £200million to Nigeria and Others.
The African Development Bank's Climate Action Window will get £200 million in support from the UK, according to…
Banks, MTN, and Airtel will all Collect VAT on their Goods.
Beginning in January 2023, MTN, Airtel, and all money deposit institutions serve as agents; for the Federal Inland…
NAICOM Develops Strategies for the Insurance Sector’s Expansion.
The National Insurance Commission has reaffirmed its commitment to using a variety of approaches to bring the…
Queues Persist as Petrol Stock Dips by 5.48m litres
According to market statistics issued, the Nigerian National Petroleum Company Limited's stock of Premium Motor…
COP27: Nigeria Seeks $400billion for its Energy Transformation Strategy.
The Federal Government is advocating for $400 billion in funds to aid in the implementation of Nigeria's Energy…
Food Security is Harmed by Severe Floods in West Africa.
The 50-year-old father of 12 is one of an estimated 4 million individuals in more than a dozen nations in West and…
FG Equips 1,859 Nigerians to Expand their Agribusiness.
The National Directorate of Employment (NDE) has taken a strategic step toward ending Nigeria's unemployment; by…
Reduced Foreign Exchange Transactions to N320 billion in 9months due to Inflation,…
Investigations by the Daily Sun show that total international transactions on the platform of the Nigerian…
Nigeria’s Oil Production Deficit Reaches 184.1 million Barrels.
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria was only able to…
Jumia CEOs Resign over Company Losses.
Sacha Poignonnec and Jeremy Hodara, the co-founders and co-CEOs of Jumia Technologies, have both resigned from…
FG Pledges to Invest $457million in Off-grid Electrification Projects.
The federal government has pledged $392 million and disbursed a total of $64.8 million; for the creation of…
Nigeria FG Prepares Supplemental Budget Due to Depreciation and Rising Inflation.
Due to a further weakening of the naira and soaring inflation, which have rendered the 2023 budget unaffordable,…
Nigeria’s Power Production Increases in 48 hours and Reaches 4,864MW.
Power generation on the national grid climbed by 834.8 megawatts, reaching a peak of 4,863.7MW.The grid generated…
Flood: FEC Approves N506billion Contract for East-West Road.
The East-West Road Project Sections 1-4 from Warri to Port Harcourt, Eket, and Oron contract value was N260…
NAICOM Lists Requirements for Dividend Payment to Investors in the Insurance…
The National Insurance Commission (NAICOM) has outlined the criteria under which dividends on insurance shares…
Nigeria Telecoms Sector has 500,000 Workers and has Invested $70 billion.
According to Prof. Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission, the…
According to Osinbajo, Nigeria might Create 30million Carbon Credits by 2030.
Yemi Osinbajo, the vice president of Nigeria, claimed that by 2030, his country may generate up to 30million…
Dangote Pledges to Boost Economic Growth and Sponsors the 2022 Lagos International…
The sponsorship of the 2022 Lagos International Trade Fair, with the theme "Connecting Businesses, Creating…
Floods: Nigeria FG Receives N109.3billion Fund and Builds Mini-dams.
The African Development Bank ($244 million) and the International Fund for Agricultural Development ($5 million)…
Naira Depreciation would Worsen Nigeria’s Food and Energy – World…
According to the research, prices for the majority of commodities have dropped from their recent heights in U.S.…
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 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…
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…
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…
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…
Nigeria Will Increase Gas Drilling by 20%.
According to the Nigerian Upstream Petroleum Regulatory Commission, gas exploration will be 20% deeper in Nigeria.…
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 trade is…
Non-emergency Government Workers are Instructed by the US To Vacate Abuja,…
A higher danger of terrorist attacks prompted the United States to ask non-emergency U.S. Government workers and…
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…
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…