Nigeria has Set A Date for its First Census in 17 Years.
As authorities in the most populous nation in Africa seek up-to-date information on the precise population and the size of…
Category: Local
Nigeria: Kwara State Receives Projects Funding Worth N887 million from the World Bank.
According to Dr. Nusirat Elelu, executive secretary of the Kwara Health Care Development Agency, the state has acquired financing from…
Nigeria Owes China and Four Others $4.85bn
The Federal Government of Nigeria borrowed about $3.27 billion from five nations between June 30, 2015, and September 30, 2022.…
Bearish Trading Closes with N47 billion Loss In the Stock Market.
Due to profit-taking actions by Dangote Cement Plc and 20 other companies, the Nigerian stock market ended down by N47…
UK Inflation Decreases to 10.5% in December, While Food Costs Rise.
Although British inflation decreased last month after reaching a 41-year high in October, the pressure on households remained high as…
Wells Fargo Stock Declines as Analysts Issue Downgrades.
Wells Fargo (NYSE:WFC) stock is declining in pre-market trading as a result of analysts downgrading the banking behemoth after “tough”…
National Assembly Set to Approve Reorganization of N22.7tn Debt.
The Senate is prepared to approve the N23.7 trillion debt restructuring request made by President Major General Muhammadu Buhari (Retd.)…
ILO Warns that Nigeria’s Unemployment Rate Could Increase.
The International Labor Organization has issued a dire warning that millions of people in Nigeria and other Sub-Saharan nations run…
PenCom Endorses 181 Companies for Government Contracts.
181 companies have received permission from the National Pension Commission to conduct business with the Federal Government. In a report…
Nigeria FG Advised to Increase Funding for Road Infrastructure.
Hon. Unyime Idem, a member of the House of Representatives representing the Ukanafun/Oruk Anam Federal Constituency, has called on the…
Market Value Decreases by N89.14 billion.
The market capitalization of the Nigerian Exchange Limited’s stock market decreased by N89.14 billion, signalling the start of a down…
Keyamo: Under Buhari’s Administration, Inflation Rate is not the Highest.
The spokesperson for the All Progressives Congress presidential candidate Asiwaju Bola Tinubu, Festus Keyamo, has claimed that the country’s inflation…
Millions of Unclaimed PVCs Compel INEC to Change the Deadline.
The National Commissioner dismissed the fear of card shortage, saying the commission “printed 13,868,441 PVCs for all new valid registrants…
In Ten Years, 271 Structures have Collapsed in Lagos.
According to records obtained from the Building Collapse Prevention Guild, Lagos State has the highest number of fatalities with over…
Chevron Suing Rita Lori and Others for N300m in Legal Costs.
Rita Lori Ogbebor and other individuals have been brought before the Delta State High Court in Warri by multinational oil…
Nigeria will Gain from Germany’s €2.85 million Agricultural Fund.
The Standards and Trade Development Facility will receive 2. 85 million euros from Germany’s Federal Ministry for Economic Cooperation and…
Petroleum Commission Begins 2022 Mini-bid Round.
The 2022 mini-bid round has officially begun, according to the Nigerian Upstream Petroleum Regulatory Commission. Komolafe noted in the statement…
Nigeria FG Allays Fears on Election Cancellation.
The federal government has guaranteed that the scheduled February 25 and March 11 general elections in 2023 will take place…
In 2024, the Abeokuta-Lagos Road will be Renovated.
The Abeokuta-Lagos Road will be renovated in 2024, according to Dapo Abiodun, governor of Ogun State. While officially opening the…
Ruto Delays Construction of Kenya Uhuru’s Priciest Road.
The Sh160 billion Mau Summit highway project has been suspended by President William Ruto, sending contractors and investors of Kenya’s…
Nigerian Passport Drops 38 Spots in the World Ranking.
In a ranking of all passports over the past 17 years, the Nigerian passport has dropped 38 positions. From 62nd…
Nigeria FG Orders NNPC to Lower Fuel Prices.
According to Chief Timipre Sylva, the Minister of State for Petroleum Resources, the Nigerian National Petroleum Company Limited is selling…
Airtel Receives a 5G License, and Mafab Starts Testing.
In order to deploy a fifth-generation network, Airtel Networks Limited has paid the Nigerian Communications Commission $316. 7 million for…
Kenya: Bondholders Bid Sh39 billion at the Switch Auction.
The switch auction, which closed on November 30, 2022 was largely occupied by holders of the two-year bond that matured…
LCCI Requests that the Nigeria FG Changes the Petroleum Profit Tax Act.
The Petroleum Profit Tax Act has been requested to be amended to include the same clauses as Section 104 of…
Tax Experts Disagree with The ASUU’s 10% Education Tax.
To pay for the infrastructure in Nigeria’s universities, ASUU President Prof. Emmanuel Osedeke recently proposed raising the education tax from…
Why Increase Tax on Imported Cars? Agents Angrily Protest.
Following the Nigeria Customs Service’s decision to increase duty on imported vehicles by 10%, freight forwarders have warned that there…
Nigeria Will Restrict Cash withdrawals from Government Accounts.
According to a statement from the head of the Nigerian Financial Intelligence Unit (NFIU), Nigerian officials will no longer be…
Customs Seize 156 Trailers Carrying Grains, PMS, and Other Items.
According to the Federal Operations Unit, Zone A of the Nigeria Customs Service, 93,102 bags of 50kg rice—equivalent to 156…
Alleged Attack on the CBN Headquarters by a Group.
The Coalition of National Interest Defenders, a human rights group, alerted authorities to a new scheme to launch what it…