Bank Closure Leaves Customers Stranded In Abakaliki
The continued closure of commercial banks in Abakaliki, the Ebonyi State capital, in the wake of the violent EndSARS protests…
Category: Local
Nigeria’s Manufacturing Sector Contracts For Sixth Consecutive Month
The manufacturing Purchasing Managers’ Index (PMI) in October stood at 49.4 index points, indicating a contraction in Nigeria’s manufacturing sector…
Nigeria: Okonjo-Iweala Elected WTO DG
Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation, has emerged winner of the…
FG To Build New Airports In Anambra, Benue, Others —Sirika
The Minister of Aviation, Hadi Sirika, said on Tuesday that the Federal Government would construct 10 new airports across the…
Nigerian Govt Announces Payment Of N30,000 To Over 300,000 Artisans
The government says it will grant free registration for 250,000 small businesses. Amidst the rampage across the country by mostly…
Nigeria Receives $26.9bn Foreign Support In Six Years — Minister
The funds came from the UN, EU, USA, China, Japan and others. Clement Agba, the Minister of State for Budget…
Nigerian Govt Declares Thursday Public Holiday To Mark Islamic Festival
The federal government has declared Thursday, October 29, a public holiday across Nigeria. This was disclosed by the interior minister,…
Nigerian Govt Announces Committee To Create Jobs As Nationwide Rampage Continues
The National Executive Council (NEC) has set up a committee charged with addressing unemployment and national security in the country.…
Shippers’ Council Seeks Waiver Of Demurrage For Importers
Following clearing agents outcry against the imposition of demurrage on cargoes that were trapped at the ports during the EndSARS…
‘Perfect Storm’: How Nigeria’s Peaceful Police Protests Turned Violent
Tears fill Ephraim Osinboyejo’s eyes as he recalls the idealism that drove thousands of Nigerians like him into the streets…
PMI’s, Oil & Naira In Focus
The outlook for Nigeria’s economy has been clouded by uncertainty following weeks of youth protests across the country. Although Residents…
‘Petrol Subsidy Removal Can Save Nigeria $1bn Yearly’
The United Kingdom (UK)-backed Facility for Oil Sector Transformation (FOSTER) has estimated that Nigeria could earn up to $1 billion…
Nigerian Citizens Justify Massive Looting of Covid-19 Palliative form Government Storages
ABUJA, NIGERIA – Amid tensions in Nigeria last week over police brutality, mobs of citizens are overrunning several government-owned facilities…
Police Arrest Seven After British Special Forces Board Tanker
Seven men have been arrested on suspicion of seizing control of a ship, British police said on Monday after special…
Lagos Banks Witness Low Customers’ Turnout
Commercial banks in Lagos State on Monday witnessed the gradual return of business after the 24-hour curfew imposed on residents…
Inquiry Probes Shooting of Lagos Protesters, Police Abuses
Abuja, Nigeria – A judicial panel investigating police brutality in Nigeria and the recent shooting of unarmed protesters in the…
Nigeria Considers Supplying Electricity To Chad
The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country.…
Nigeria’s Wheat Production Output Suffers Setback
The ability of farmers to meet the expected output of wheat produced locally has suffered a setback due to inadequate…
Looting Continues Nationwide
Buckling under the resurgence of the coronavirus in Europe, the Spanish government on Sunday declared a national state of emergency…
Rebuilding Ruins Of Violence Amid Low Revenues
The Shoprite shopping mall in Lekki Phase 2 was looted on October 22, 2020, after the army repressed peaceful protestors…
CBN And N120bn Cotton Sector Intervention
The cotton value chain in Nigeria once created employment opportunities for well over 450,000 people and supported 180 textile mills.…
Curfew: Banks, Businesses Closed, Soldiers Take Over Roads In Osogbo
Residents of Osun have deserted major streets in different towns as banks and businesses, remained closed on Monday, in compliance…
Naira Steady Despite #EndSARS Protests
The naira last week traded at the parallel market for N463 against the dollar, a slightly weaker ratio from the…
2.5 Million To Get National Identification Monthly — NIMC
The National Identity Management Commission on Friday said it would scale up the enrolment and issuance of the unique National…
This Is Why The Young Protesters In Nigeria Are So Angry
Nigeria has been rocked in October by some of the biggest protests since military rule ended in 1999, resulting in…
Nigeria’s Palm Oil Price Highest In World Market- Experts
Price of Nigeria’s palm oil is over 200 % highest above the global market, The Nation can authoritatively report. Confirming…
Young Nigerian Protesters Could Transform Struggling Nation Or Split It In Two
The young Nigerians who were protesting at Lekki Toll Plaza in Lagos on Tuesday night were not the African touring…
CBN To Drive Zero Balance Account Opening
As part of efforts to boost financial inclusion, the Central Bank of Nigeria has said it will promote opening of…
Tense Calm In Nigeria After Days Of Unrest
Abuja, Nigeria – Relative calm has returned to Nigerian cities after more than two weeks of deadly protests against police…
Why We Didn’t Distribute Looted COVID-19 Palliatives, Osun Food Committee
The Osun Food and Relief Committee on COVID-19 on Friday said the looted items at a warehouse in Ede town…