NDIC: Rising Public Debt, Bad Loans Threat To Financial Stability
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has said the rising public debt stock as…
Category: Local
Lagos Suspends State Activities For 3 Days Over #EndSARS
n view of the current situation in Lagos State and the nation at the moment, Governor Babajide Sanwo-Olu has directed…
New Terminal To Offload 5,000 Containers From Apapa, Ease Congestion
There appears a sigh of relief for importers from the traffic gridlock experienced on the Apapa and Tin Can Island…
Nigerian Protesters Defy Curfew After Deadly Crackdown
Hundreds of young Nigerians defied a lockdown and returned to the streets of Lagos, Africa’s most populous city, a day…
Nigeria President Calls For Calm Amid Reports Of Protesters Shot Dead In Lagos
Demonstrators against police brutality reportedly killed after security forces opened fire BY Emmanuel Akinwotu in Lagos and Jason Burke Africa…
The Political Awakening Of Nigeria’s Youth
On the 1st of October 2020, Nigeria marked 60 years of independence from British colonial rule. But rather than a…
Biotech Cowpea May Fetch Nigeria $638m In Six Years
The Open Forum on Agricultural Biotechnology (OFAB), a biotechnology informative platform, says Nigeria could rake in $638 million in six…
Amnesty: Credible Reports Protesters Shot Dead In Nigeria
LAGOS, Nigeria (AP) — Amnesty International said late Tuesday there was “credible but disturbing evidence” that security forces in the…
Nigeria Unrest: Protesters ‘Shot’ In Lagos As Millions Put Under Curfew
Protesters have come under gunfire in Nigeria’s biggest city, Lagos, eyewitnesses and local media say, amid continuing anger over police…
Gunfire In Nigeria’s Lagos As Curfew Imposed: Witnesses
Footage posted on social media shows several hundred people out demonstrating, in defiance of a curfew imposed hours earlier by…
End SARS: US Embassy Shuts Consulate General, Tells Citizens What To Do
United States Embassy and Consulate in Nigeria has warned American citizens to avoid areas around protests and demonstrations. The Embassy…
Naira Slides To N460 As BDCs Receive Over $50m Amid EndSARS Protest
Nigeria’s currency on Tuesday exchanged with the dollar at N460, depreciating by N1.00k from N459 it stood since last week…
Delta Airlines Cancels Two More Flights Over #EndSARS Protests In Nigeria
The airline cancelled Flight 248 from Atlanta, United States, to Lagos, Nigeria, and Flight 249 from Lagos to Atlanta scheduled…
Nigeria Pays Oil Majors $3 Billion, Moving Closer To Ending Arrears Due
Nigeria reimbursed oil companies including Exxon Mobil Corp. and Royal Dutch Shell Plc $3 billion, moving closer to clearing operating…
Nigeria’s Battered Farmers To Get $20 Million To Aid Crop Output
Mary Daniel, a slight woman in her 40s, weeds by hand a field dotted with trees and scraggly sesame plants.…
Losses Mount From Nigerian Police Brutality Protests
Protests against police brutality in Nigeria, Africa’s largest oil producer, have cost the economy an estimated 700 billion naira ($1.8…
Govt To Remove Expiry Dates From National ID Card
The Minister of Communications and Digital Economy, Dr. Isa Pantami, has disclosed that the federal government is working towards removing…
Nigeria Venture Plans To Raise $1.2 Billion To Fix Power Gap
(Bloomberg) — A Nigerian venture plans to raise 480 billion naira ($1.2 billion) over the next three years to buy…
Nigeria’s Lagos Imposes 24-Hour Curfew After Anti-Police Protests Turn Violent -Tweet
Nigeria’s Lagos state government on Tuesday imposed a 24-hour curfew, saying anti-police protests have “degenerated” into violence. The governor, Babajide…
FG Reiterates Commitment To Concession Onitsha River Port, Says Moghalu
The Federal Government on Monday reassured the business community in the South East of its commitment to concession the Onitsha…
Governors Call For End To Nationwide #EndSARS Protests
The 36 State Governors under the aegis of Nigeria Governors’ Forum (NGF) have called for end to the nationwide protests…
Death Toll Climbs As Nigeria Protests Spiral
Crowds have taken to the streets of Nigeria in protest against police brutality. The demonstrations come as the government disbanded…
I Am Proud That Young Nigerians Are Driving Change – We Will No Longer Be Ignored
Growing up in Nigeria, I heard of great activists, including Funmilayo Ransome-Kuti, a Nigerian educator, political campaigner and advocate for…
Nigerian Protesters Shut Down Africa’s Largest City, Escalating Standoff With Government
LAGOS, Nigeria—Tens of thousands of protesters brought the largest city in Africa to a standstill on Monday, mounting the biggest…
#EndSARS: Airlines Increase Airfare Of Domestic Flights
Following the ongoing protests against police brutality in the country, airfares on domestic routes have increased. The increase in the…
With Instagram, Hashtags And Bitcoin, Young Nigerians Boost Anti-Police Protests
Ozioma Egemasi says Nigerian police slapped, whipped and struck him with the butt of a pistol when he refused to…
Edo Govt Declares 24-Hour Curfew
The Edo State Government hereby imposes a 24-hour curfew across the state until further notice. The curfew is to take…
Govt Expecting One Million MT Steel From $1.5bn Plant
The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile…
Nigeria Commodity Exchange To Support Farmers
The Nigeria Commodity Exchange has pledged to support farmers in Borno State to boost the level of agricultural output. The…
Govt To Raise Local Content In Oil And Gas Sector To 40%
The Minister of State Petroleum Resources, Timipre Sylva, says Nigeria will raise local content in the oil and gas sector…