Nigerians in Need Receive N16.8 billion in Cash Assistance from the Government.
Since the CCT program’s launch in 2016, the federal government has given over N16.8 billion in grants and conditional cash…
Category: Local
ILO Predicts 208 million People will be Unemployed Worldwide.
According to ILO projections, there would be 208 million unemployed people worldwide in 2023, a little increase of about 3…
IMF Advises Nigeria to Extend the Deadline for Banknote Swaps.
Nigeria should take into account extending a deadline for exchanging old banknotes, according to the International Monetary Fund, given the…
Banks Close Locations Due To Customer Assaults
This happened the day after the Lagos State Police Command warned that some groups were preparing to start violence in…
Due To Biometric Violations, JAMB Cancels The Registrations Of 817 Applicants.
Due to biometric violations discovered during the fingerprint capture process, the Joint Admissions and Matriculation Board (JAMB) has stated that…
Nigeria FG Raised N742.56bn Sukuk Earnings to Finance Road Projects in Six Years.
In order to fund road improvements in the nation’s six geopolitical zones between 2017 and 2022, the federal government has…
LIRS Anticipates more Tax Revenue Income.
A memorandum of understanding was inked by the Federal Inland Revenue Service and the Lagos State Internal Revenue Service to…
Nigerian States Contest the Deadline for Central Bank Cash Swaps.
In order to avoid problems before elections later this month, three states in Nigeria have petitioned the nation’s highest court…
Nigerian Bonds Decrease Ahead of the S&P Credit Rating Review.
Following the West African oil producer’s downgrading by another rating agency, Moody’s, a week earlier, Nigeria’s dollar-denominated government bonds declined…
Despite FG Assertions, Fuel Supply Is Still Very Low
Despite assurances by the Federal Government that it possessed more over one billion liters of PMS, enough to keep the…
Peter Obi Requests Calm, Urges Nigerians to Put Up with FG, CBN
Mr. Peter Obi, the Labour Party’s presidential candidate, has pleaded with Nigerians to have patience with the federal government and…
In 2022, Migrant Workers Sent about $800 billion Home.
People in low and middle income countries depend on migrant workers money sent home, which is expected to have increased…
According To Buhari, Nigeria Has 100% Broadband Penetration.
At the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture’s first Digital Economy Conference, which was hosted at…
Transport Union Gets Government Approval
The Amalgamated Union of App-Based Transport Workers of Nigeria has received federal government approval for trade union recognition. With this…
Addax’s Property Is Acquired By NNPCL.
After fulfilling closing obligations, NNPC Limited (NNPCL) and Addax Petroleum Development (Nigeria) Limited have amicably terminated their 24-Year Production Sharing…
PENGASSAN intends to Crack Down on Marketers for N650 Gasoline.
The Petroleum and Natural Gas Senior Staff Association of Nigeria raised the alarm that their findings showed that the price…
Contributory Pension Assets Increased to N14.9 trillion.
The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the National…
The CBN Has Agreed To Extend Exchanging Old Naira Notes By Ten Days.
CBN governor Godwin Emefiele in a statement said the new deadline is February 10, 2023. Emefiele made the announcement after…
United States Denies Access to People who are “undermining” Nigerian Democracy.
Prior to this year’s elections in Nigeria, the US announced that it is limiting entrance to those “believed to be…
Nigeria Introduces a Domestic Card Program in an Effort to go Cashless.
Nigeria’s central bank unveiled a domestic card program to compete with global cards like Mastercard and Visa in an effort…
The NPC has Begun Training for the 2023 Census.
The National Population Commission has begun training functionaries for the 2023 population and housing census, which will take place from…
Bank Lending to Customers Reaches 29.13%.
As of the end of December 2022, the maximum lending rate in the banking sector was 29.13 percent, while savings…
Dangote Cement Appoints New CEO.
Arvind Pathak has been appointed as the new Chief Executive and Managing Director of Dangote Cement Plc. The new CEO’s…
Mafab has Launched its 5G Network.
Following Mafab Communications’ rollout of 5G services in Abuja, fifth-generation technology penetration is expected to rise in Nigeria. This follows…
Nigeria Forecasts New Flooding in 2023.
The Federal Government predicted that this year will undoubtedly see more flooding in many areas of Nigeria but said that…
Nigeria: FG wants the London Court to Reverse $11 billion in Damages.
Nigeria was the target of “a campaign of bribery and fraud” regarding a failed gas processing project, its attorneys argued…
Nigeria Launches a $1 billion Deep Sea Port.
Nigeria recently opened a billion-dollar deep seaport in Lagos that was constructed by the Chinese. This port is designed to…
Nigeria FG has Approved a Pay Increase for NPA Employees.
Employees of the Nigerian Ports Authority have expressed delight that the Federal Government has approved a pay increase for them.…
World Bank: 28.9 million Nigerians Rely on Food Aid.
According to the World Bank, 28 million 900,000 people in Nigeria and other West and Central African countries rely on…
Nigeria: Interest Rates are Likely to Rise as the MPC Meets.
Financial experts have expressed varying opinions on the possible outcomes of the rates ahead of the Central Bank of Nigeria’s…