Lagos Announces Further Relaxation Of Curfew
The Lagos State Government has announced a further relaxation of the curfew imposed after the hijack of the peaceful #EndSARS…
Category: Local
We Will Make Emigration Unattractive For Doctors, FG Vows
Abuja— The Federal Government has vowed to fix brain drain in the medical sector by making emigration unattractive for doctors.…
Nigeria ETFs Is On Tear After Positive Corporate Earnings News
A Nigeria country-specific exchange traded fund jumped Friday, with Nigerian markets hitting a 16-month high, as local companies revealed stronger-than-expected…
Buhari Welcomes International Partners To Spur Development
President Muhammadu Buhari has expressed the commitment of the government of Nigeria to work with an international think-tank group and…
Nigeria Says 22 Police Killed, 205 Stations Damaged In Protests
Nigeria police said 205 stations were destroyed, 22 personnel killed and more injured during nationwide protests against alleged brutality by…
UK Govt Admits It Trained Nigeria’s Infamous SARS Police Unit Accused Of Extra Judicial Killings
The United Kingdom has acknowledged it provided training and equipment to a now-disbanded Nigerian law enforcement unit whose alleged abuses…
CBN Removes Restrictions On Refinancing Of Non-Member Mortgage Lenders By Refinancing Companies
The Central Bank of Nigeria (CBN) has removed the restriction on refinancing of mortgages of non-member mortgage lenders by the…
Nigeria Imported N2.78tn Manufactured Goods In Three Months –NBS
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures…
Fed Govt Pledges Support For SIFAX’s New Container Terminal
THE Federal Government has promised to support the vision of the newly-opened container terminal in Lagos by SIFAX Group. SIFAX…
Nigeria Immigration Warns Officers Against Extortion
The Nigeria Immigration Service (NIS) has warned personnel to avoid extortion and other acts capable of tarnishing its image. The…
#EndSARS: Lagos Offers Scholarships To Children Of Slain Police Officers
The Lagos government says the children of police officers who died during the #EndSARS crisis in the state will be…
Looting: Police ‘Recover 35 Tractors’ In Adamawa, ‘Arrest 184 Suspects’
Olugbenga Adeyanju, commissioner of police in Adamawa, says 35 tractors have been recovered, while 184 suspects have been arrested over…
Starbucks Earnings Top Estimates As Sales Rebound Quicker Than Expected In U.S., China
Starbucks on Thursday reported that sales in the U.S. and China are recovering from the coronavirus pandemic more quickly than…
Lagos Govt Asks Schools To Reopen After Protests
Private and public schools in Lagos State can reopen from Monday, November 2, 2020. The Commissioner for Education, Mrs Folasade…
Court Refuses To Issue Warrant For Diezani’s Arrest
A federal high court in Abuja has refused an application by the Economic and Financial Crimes Commission (EFCC) which sought…
“Your Demands Are Ridiculous” – FG Tells ASUU
The federal government has described the demands of the Academic Staff Union of Universities (ASUU) as ridiculous and unreasonable. The…
#EndSARS: Wike Pledges N20m Compensation To Each Slain Police Officer
Governor Nyesom Wike of Rivers has announced N20 million compensation each to families of soldiers and policemen allegedly killed by…
Nigeria’s Economy Too Fragile For A Second Lockdown
In a tweet via his official Twitter account on Thursday, the president said the country’s economy is too fragile to…
CBN Increases Access To Mortgage Financing
The Central Bank of Nigeria has said it has removed the restriction on non-member mortgage lenders from refinancing their mortgages…
Nigeria’s Earnings Threatened As Oil Sheds $2.33/Barrel
Brent, the oil against which Nigeria’s crude is benchmarked, dropped in price on Wednesday, shedding $2.33/barrel. The bulk of Nigeria’s…
Wide Gulf Persists Between CBN, BDC Rates For Naira And Dollar
The Nigerian Naira remains battered by US Dollar, Euro, Sterling The Central Bank of Nigeria exchanges N379 to one US…
Nigeria Stocks Rise To 9-Month High After Curfews Imposed Last Week Eased
Nigerian stocks climbed to a nine-month high on Wednesday after round-the-clock curfews imposed last week to curb protests over alleged…
Nigeria Is Spending $35 Per Capita To Combat COVID-19, Aig-Imoukhuede Says
Sub-Saharan Africa Governments do not have the firepower required to throw a blanket over the virus and as such need…
CBN Debits Banks Of CRR Worth N926.4bn For Breaching Lending Requirements
The Lagos State Government has announced total closure of the Adekunle to Adeniji section of the Third Mainland Bridge for…
FG To Take Over 10 Airports From State Governments
The federal has disclosed plans to take over 10 airports from State governments to help boost the aviation sector. Minister…
Purchasing Managers’ Index Contracts In October
The Manufacturing Purchasing Managers’ Index (PMI) stood at 49.4 index points in October, indicating slowing contraction in the manufacturing sector…
How Emefiele Saved The Economy From COVID-19
The Coronavirus pandemic (COVID-19) took the world by storm in a manner that inflicted destruction, the like that can only…
Nigerian Army Says It Intervened In Protests At Lagos Government’s Request
Nigeria’s Lagos state government asked the army to intervene to restore order amidst anti-police brutality protests, but soldiers did not…
Fresh Concerns Over $17 Billion Yearly Freight Loss To Foreign Shipping Lines
Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to foreign ship owners due…
Nigerian Considers Social Media Regulation In Wake Of Deadly Shooting
Nigeria’s information minister said “some form of regulation” could be imposed on social media just a week after protesters spread…