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Category: Local

Nigerians Are Leading Global Asylum Claims To Canada Despite Covid-19’S Travel Restrictions
Local

Nigerians Are Leading Global Asylum Claims To Canada Despite Covid-19’S Travel Restrictions

In February, data showed that, for the fifth year in a row, more Nigerians emigrated to Canada in 2019 than…

byEkeminiNovember 18, 2020
Nigeria’s President Vows To Prevent Repeat Of Anti-Police Brutality Protests
Local

Nigeria’s President Vows To Prevent Repeat Of Anti-Police Brutality Protests

Nigeria’s president will do what it takes to prevent a repeat of demonstrations against police brutality last month that led…

byEkeminiNovember 18, 2020
Nigerian Oil Reform Bill To Pass ‘Within Six Months’ – House Speaker
BusinessLocal

Nigerian Oil Reform Bill To Pass ‘Within Six Months’ – House Speaker

Nigeria’s House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on Tuesday, potentially…

byEkeminiNovember 18, 2020
Nigeria: NIS Issues Travelling Documents To 7,874 Applicants In Edo
BusinessLocal

Nigeria: NIS Issues Travelling Documents To 7,874 Applicants In Edo

The Nigeria Immigration Service (NIS), Edo Command, said on Tuesday that it issued travelling documents to no fewer than 7,874…

byEkeminiNovember 18, 2020November 18, 2020
Nigeria Says Air France, KLM, Lufthansa To Resume Flights
BusinessLocal

Nigeria Says Air France, KLM, Lufthansa To Resume Flights

Nigeria lifted a ban on flights to the West African country by Air France, KLM, Lufthansa and Qatar Airways Africa’s…

byEkeminiNovember 18, 2020
Nigeria: Lagos Designs Eligibility Form For Businesses To Access N1Billion Seed Capital
BusinessLocal

Nigeria: Lagos Designs Eligibility Form For Businesses To Access N1Billion Seed Capital

The Lagos State Ministry of Tourism, Arts and Culture disclosed it has designed a palliative eligibility form, to take in…

byEkeminiNovember 18, 2020November 18, 2020
FG To Make Forex Available To Oil Marketers For Import To Drive Down Petrol Price
BusinessLocal

FG To Make Forex Available To Oil Marketers For Import To Drive Down Petrol Price

The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers, in order to make…

byEkeminiNovember 17, 2020
Nigeria To Hold Summit To Woo Investors
BusinessLocal

Nigeria To Hold Summit To Woo Investors

The summit will discuss issues on Nigerians in Ghana and elsewhere, who are facing harsh conditions. Nigeria is billed to…

byEkeminiNovember 17, 2020
Nigeria: Freight Forwarders Seek Reopening Of Borders
BusinessLocal

Nigeria: Freight Forwarders Seek Reopening Of Borders

Freight forwarders under the aegis of the Association of Nigerian Licensed Customs Agents have tasked the Federal Government to re-open…

byEkeminiNovember 17, 2020
FG Has Final Decision On 5G Deployment, Says NCC
Local

FG Has Final Decision On 5G Deployment, Says NCC

Despite the hue and cry against the deployment of Fifth Generation (5G) technology in the country, the Nigerian Communications Commission…

byEkeminiNovember 17, 2020
Nigeria Benefits From Chinese $15bn Investment In Oil, Gas Sector
BusinessLocal

Nigeria Benefits From Chinese $15bn Investment In Oil, Gas Sector

Nigeria’s energy sector is about to receive a major boost from huge investment decisions from China, which is eyeing key…

byEkeminiNovember 17, 2020
CBN Policies: Coalition Tasks Apex Bank On Advocacy
Local

CBN Policies: Coalition Tasks Apex Bank On Advocacy

Coalition of Civil Society has called on the Central Bank of Nigeria (CBN) to engage Nigerians through adequate advocacy, saying…

byEkeminiNovember 17, 2020
Naira Plunges To 475 As Dollar Demand Rises
BusinessLocal

Naira Plunges To 475 As Dollar Demand Rises

The naira weakened further on Monday, trading at 475 to the United States dollar in the parallel market amid a…

byEkeminiNovember 17, 2020
Sylva: Like Diesel And Kerosene, Nigerians Will Get Used To Petrol Deregulation
BusinessLocal

Sylva: Like Diesel And Kerosene, Nigerians Will Get Used To Petrol Deregulation

Timipre Sylva, the minister of state for petroleum resources, says Nigerians will get used to the deregulation of the pump…

byEkeminiNovember 17, 2020
Nigeria: Recent Violence Has Set Lagos Economy Back By Tens Of Billions Of Naira – Sanwo-Olu
Local

Nigeria: Recent Violence Has Set Lagos Economy Back By Tens Of Billions Of Naira – Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu, is concerned about the impact of the destruction of government and private properties on the…

byEkeminiNovember 17, 2020
Nigeria Oil & Gas Market – Growth, Trends, And Forecasts (2020 – 2025)
BusinessLocal

Nigeria Oil & Gas Market – Growth, Trends, And Forecasts (2020 – 2025)

The Nigeria oil and gas market is expected to grow at a CAGR of less than 5% during the forecast…

byEkeminiNovember 17, 2020November 17, 2020
Nigeria Plans To Start A Bridge Bank To Aid Struggling Lenders
BusinessLocal

Nigeria Plans To Start A Bridge Bank To Aid Struggling Lenders

Nigeria plans to start a fund that will operate a bridge bank to nurse struggling lenders back to health. The…

byEkeminiNovember 16, 2020
Nigeria: SEPLAT, NNPC To Build Gas Plant In Imo
BusinessLocal

Nigeria: SEPLAT, NNPC To Build Gas Plant In Imo

SEPLAT Group has partnered with the Nigerian National Petroleum Corporation to site a multi-billion-naira gas plant at Asaa, Ohaji-Egbema Local…

byEkeminiNovember 16, 2020November 17, 2020
Nigerian Inflation Rate Rises On Surging Food Costs
Local

Nigerian Inflation Rate Rises On Surging Food Costs

Nigerian inflation quickened for a 14th straight month in October on rising food prices caused by border closures, dollar restrictions…

byEkeminiNovember 16, 2020
Nigeria: Reps Summon NNPC Boss, Emefiele, Allege N3.2tn, Others Unremitted
BusinessLocal

Nigeria: Reps Summon NNPC Boss, Emefiele, Allege N3.2tn, Others Unremitted

The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the…

byEkeminiNovember 16, 2020November 17, 2020
Nigeria: Kaduna Dry Port Woos Chamber Of Commerce, MAN, Others
BusinessLocal

Nigeria: Kaduna Dry Port Woos Chamber Of Commerce, MAN, Others

The Kaduna Inland Dry Port has begun to liaise with various segments of the organised private sector within its area…

byEkeminiNovember 16, 2020November 17, 2020
Nigeria’s Inflation Hits 14.23% — A 30-Month High
BusinessLocal

Nigeria’s Inflation Hits 14.23% — A 30-Month High

Nigeria’s inflation rate has climbed to a 30-month high, as it rose further to 14.23 percent in October, the latest…

byEkeminiNovember 16, 2020
Oil Tanker ‘Hijacking’: Probe Remains Ongoing, Say Police
BusinessLocal

Oil Tanker ‘Hijacking’: Probe Remains Ongoing, Say Police

A MARITIME ‘hijacking’ probe is ongoing. Seven Nigerian men were previously bailed for allegedly hijacking the oil tanker Nave Andromeda…

byEkeminiNovember 16, 2020
Naira Exchanges At N470/$ In Parallel Market
BusinessLocal

Naira Exchanges At N470/$ In Parallel Market

The naira has continued to fall in the parallel market as it exchanged at N470 to a dollar at the…

byEkeminiNovember 16, 2020
‘AfCFTA Will Open Up Neighbouring Markets For Nigeria’
BusinessLocal

‘AfCFTA Will Open Up Neighbouring Markets For Nigeria’

The ratification of the African Continental Free Trade Agreement (AfCFTA) last week by the Federal Government is expected to have…

byEkeminiNovember 16, 2020
‘Nigeria May Face $20bn Loss In Export Revenue’
BusinessLocal

‘Nigeria May Face $20bn Loss In Export Revenue’

Nigeria and four other oil producers on the African continent could each be facing $20billion or more in lost export…

byEkeminiNovember 16, 2020November 16, 2020
China Is Rapidly Expanding Its Oil Resources In Africa
Local

China Is Rapidly Expanding Its Oil Resources In Africa

China is making a major power play to expand its global energy influence. The United States has long played an…

byEkeminiNovember 16, 2020
How Airports Re-Opened For International Flights, By FAAN
BusinessLocal

How Airports Re-Opened For International Flights, By FAAN

The Federal Airports Authority of Nigeria (FAAN) at the weekend offered clarifications on the criteria adopted by the Federal Government…

byEkeminiNovember 16, 2020
Despite FG’s Appeals, Nigerian Traders In Ghana Call For Evacuation
BusinessLocal

Despite FG’s Appeals, Nigerian Traders In Ghana Call For Evacuation

Despite assurances and pleas by the Federal Government, Nigerians living and working in Ghana under the auspices of Nigerian Union…

byEkeminiNovember 16, 2020
Zambia Becomes First African Country To Default On Dollar Bonds Since Covid 
BusinessLocal

Zambia Becomes First African Country To Default On Dollar Bonds Since Covid 

Zambia could not pay an overdue Eurobond after the grace period elapsed on Friday, making it the first African nation…

byEkeminiNovember 16, 2020

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