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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…
Doctors Recruited From Nigeria To Work In UK Hospitals Lament Over Exploitation,…
A British healthcare company is hiring doctors from Nigeria with the expectation that they will operate in private…
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…
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…
In September 2022, PoS Transactions Reached a Record-breaking Monthly High of…
Nigerian Point of Sales (PoS) terminal transaction volume increased to N735.6 billion in September 2022. As more…
Nigeria Attracts $10.1billion Diaspora Remittance in Half of 2022.
Between January and June 2022, Nigerians received $10.11 billion in diaspora remittances, a 9.6% increase over the…
Nigerian Non-oil Exports Reach $2.6 billion in Six months
According to Dr. Ezra Yakusak, Chief Executive Officer of the Nigerian Export Promotion Council, Nigeria's non-oil…
CBN Loans to Nigerian FG Hits N22trillion.
In August 2022, the Federal Government obtained a N1. 46 trillion loan through Ways and Means Advances from the…
76 People have Died as A Result of The Boat Capsize Catastrophe in Nigeria.
The president said that there have now been 76 fatalities; as a result of a boat accident in the state of Anambra…
42 Tapping Points Associated With Oil Theft Found In Delta and Bayelsa.
Security personnel and Former leader Government Ekpemupolo, alias Tompolo, have found a total of 58 petroleum…
In September, Canada Added Jobs, and Unemployment Rate Decreased.
According to official figures, the Canadian economy created jobs in September but did nothing to make up for the…
Kogi Flooding Leads to Fuel Shortage in Abuja, Says NNPC.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) blames the current fuel shortage in…
Russia will Benefit the Most from OPEC+’s Reduction in Oil Production.
Deep oil production cuts unexpectedly agreed to by OPEC+ this week are expected to benefit Russia the most while…
Flood Destroy Homes, Crops, and Optimism in Nigeria’s Food Basket State.
At least 500,000 Nigerians have been impacted by flooding this year in 29 of the country's 36 states, including…
Senate Rejects N1.7trillion Subsidy Recommendation Made by Committee For Budget.
The executive's proposal to lower the N3.6 trillion budgeted for subsidies in the 2023 budget to N1. 7 trillion…
Nigeria Now Has 210million Active Mobile Customers.
In August 2022, there were 210 million active mobile customers, up from 208.6million in July, with a teledensity…
World Bank: Nigeria’s economy would develop less rapidly in 2023.
According to projections, the Nigerian economy would contract in 2023, falling to 3.2% (from 3. 3%), and remain at…
Kenya Court Rejects Petition Regarding VAT on Fuel products.
Sen. Okiya Omtatah of Busia filed a case 2018 opposing the introduction of a tax on petroleum products; but the…
How To Earn From The 15.5% Interest Rate Increase By CBN.
The benchmark interest rate (MPR), according to Nigeria's Central Bank has risen to a two-decade high of 15.5%.…
Ethiopian Airlines Becomes A key Investor In Nigeria Air.
The Nigerian government announced that Ethiopia Airlines is the preferred bidder for Nigeria Air; as it gets ready…
Nigeria’s Food Problem Is Getting Worse Due To Import Dependence.
According to the International Monetary Fund, an excessive reliance on imported foods has made the food crisis…
The CBN Lends N9.3trillion To Businesses While Reducing Interference.
The Central Bank of Nigeria has lent N9.3tn to businesses, recovering N3.7tn from it.The apex bank said N5tn was…
Core Capital goods shipments and orders increased in the United States in August.
According to the data, company spending on equipment likely increased in the third quarter, allaying concerns that…
Nigerian Bank Stocks With The Lowest Price-Earnings.
According to data gathered by Bloomberg, United Bank for Africa Plc, Access Bank Plc, FBN Holdings Plc; and Unity…
Emefiele Asserts That There Is No Law Requiring CBN To Give Dollars To Foreign…
Foreign airlines' funds stranded in Nigeria, according to the International Air Transportation Association (IATA),…
Experts Criticize CBN for Raising Interest Rates To Combat Inflation.
Inflation is already out of control, reaching a 17-year high in August of 20. 52 percent, stifling the parallel…
Nigeria Pledged To Promote Environmentally Friendly Shipping – FG.
The Federal Government of Nigeria has stated that Nigeria is committed to developing greener shipping; in line…
CBN Increases MPR To 15.5% In A Determined Effort To Control Inflation.
The Monetary Policy Rate (MPR), known as the interest rate, was increased by 150 basis points from 14 to 15. 5…
NNPC Recorded 8million Barrels of Oil Production Losses In July.
According to the Nigerian National Petroleum Company (NNPC) Limited; output losses at crude oil terminals totaled…
Interest Rates Will Rise, According To MPC Analysts
Since September 2020, the Monetary Policy Rate (MPR) has remained at 11.5 percent. In order to increase access to…