Niger Delta Community Threatens $1 trillion Lawsuit Against IOC, FG.
The host community of oil and gas in the Niger Delta has pledged a trillion-dollar against oil companies and the…
Category: Local
Pantami Tells Companies to Ignore Telecom Tax.
Communications and Digital Economy Minister Isa Pantami has urged telecom companies and other sector stakeholders to ignore any attempts to…
Turkish Airlines Launches an Investigation after a Wheelchair Passenger Reports Harassment
Ms. Margaret Adeyileka, a middle-aged wheelchair user who has been traveling for decades, claims that the humiliation she just experienced…
Zenith Bank shareholders approve a dividend payout of N100.47 billion.
According to Zenith Bank Plc, it would distribute N100.47 billion to shareholders for the 2022 fiscal year.It revealed this in…
Senate Probes Passports Renewal, Issuance Delay
The Upper house has decided to look into the reasons behind the Nigeria Immigration Service’s delays in issuing and renewing…
President Buhari Heads To London For King Charles’ Coronation
President Muhammadu Buhari and his wife, Camilla, are scheduled to go to London, United Kingdom, to see Charles III, the…
FG sues Meta, Facebook, Demand N30 billion.
The Advertising Regulatory Council of Nigeria (ARCON) has been given permission by the Abuja Division of the Federal High Court…
Foreign debt: FG Deducts N78 billion from State Allocations.
The Federal Government deducted over N78bn from allocations made to the states for external debt servicing, according to findings. This…
FAAN asks Unapproved Residents to Leave Airport Property.
All unauthorized inhabitants of airport grounds have been warned by the Federal Airports Authority of Nigeria to leave the area…
Nigerian Breweries issues commercial paper of N25 billion.
According to a regulatory filing acquired, Nigerian Breweries Plc has disclosed a proposal to raise N25bn through the sale of…
Paying Salaries After June is Uncertain, According to Obaseki.
The governor of Edo State, Mr. Godwin Obaseki, stated on Monday that the federal government might not be able to…
Aviation Unions Call off Strike.
Following a meeting with Ministry of Aviation representatives, aviation unions have decided to call off their planned strike. The decision…
IMF: Political Unrest may Cost Nigeria and others $10 billion.
According to the International Monetary Fund, geopolitical concerns might cause Nigeria to lose as much as $10 billion in foreign…
Samsung Acquires 20% stake in Meridiam.
Samsung Life Insurance purchased a 20% share in Meridiam, according to an announcement made on April 24 by Meridiam. Meridiam…
Sanwo-Olu Unveils Lagos’ First Set of Electric Buses.
Governor Sanwo-olu has announced the delivery of the first electric buses for Lagos State’s mass transit system. The governor said…
NIN Enrollment Fell 41% in April, According to a Report.
Enrollment in the National Identification Number program fell from 8 million in the first four months of 2022 to 4.67…
Group Requests that the N200 billion CBN Housing Intervention Fund be Released.
The Housing Development Advocacy Network has called on the federal government to pay N200 billion in interventions for low-cost housing…
Senate Demands N3.2bn Tractor Loan Repayment.
The Senate has indicted Kaduna’s Agricultural Bank over N3.2 billion loans made to 10 vendors to purchase tractors and other…
Banks Receive more New Notes from CBN.
Nigeria’s central bank said it was supplying banks with more new notes amid growing concerns that redesigned banknotes were disappearing.…
EU Calls for Improved Maritime Security in Nigeria .
The European Union has emphasized the need for improved security measures in the country’s maritime sector through port security in…
In the Africa Trade Barometer Report, Nigeria Dips to Seventh Position.
Nigeria dropped one spot from sixth to seventh place on the Qualitative Trade Barometer (QTB) rankings, placing eighth out of…
Malami Rejects Allegations of a $2.4 billion Loss from Crude Oil Sale to China.
Abubakar Malami, the Attorney General of the Federation (AGF) and Minister of Justice, has refuted reports that the alleged unlawful…
The Terminal Operators Ceases the New Import Vehicle Fee.
The N50,000 per unit surcharge on imported secondhand autos that are hoisted by people has been halted by Ports &…
Nigeria’s Gas Demand is Predicted to Increase by 50%.
The Nigerian Liquefied Natural Gas Limited predicts a 50% rise in gas demand in Nigeria over the next 30 years.…
Operators put 122 billion Naira in Pension Funds into Infrastructure.
As of the end of February 2023, data collected from the National Pension Commission showed that Pension Funds Operators had…
Group Requests EFCC, ICPC Investigation into Ajaokuta Steel Plant Concession.
According to Olamilekan Adegbite, the Minister of Mines and Steel Development, 11 foreign businesses expressed interest in acquiring the Ajaokuta…
FG Removes Power Companies from the National Grid.
The Federal Government said that it had started removing some power companies from the national grid because they were not…
World Bank: Diaspora Nigerians Remitted $168 billion in Eight Years.
In the last eight years, the Nigerian Diaspora has sent $168.33 billion to Nigeria, according to data compiled by our…
A Nationwide Blackout is Imminent as Energy Drops Below 4,000 MW.
Customers across the nation had a limited supply of electricity over the weekend as power generation to the national grid…
40% Pay Rise – Crisis Looms in Nigeria Universities.
There are signs that university unions may protest the federal government for allegedly leaving their members out of the 40…