Nigerians Chased Into Dubai Desert
Early last week a viral video of Nigerians allegedly chased into the desert of Dubai in the United Arab Emirates,…
Category: Local
Hurdles Await Foreign Carriers As Flight Resume Sept 5
Foreign airlines jostling for the Nigerian routes might be in for fresh hurdles as the Federal Government has raised the…
Syndicate That Specialises In Moving Funds Through SIM Card Arrested
Detectives attached to the Nigeria Police Zone 2 Command Headquarters, Onikan, Lagos State have arrested five suspects for allegedly moving…
Nigeria: Pilot In The Crashed Bell Helicopter Confirmed As Chika Prudence Ernest
The pilot of the ill-fated Bell 206 helicopter that crashed in Ikeja, Lagos today, has been identified. He was Chika…
Nigeria: Why FG Shifted Resumption Of International Flights By One Week
The Federal Government has shifted the opening date of international flights in the country by a week due to logistics…
Nigeria Naira Eases 1.3% After Plans To Sell FX To Currency Operators
The Nigerian naira eased 1.3% against the U.S. dollar on the official market on Friday, a day after the central…
Nigeria Faces Severe Stagflation As GDP Declines, Unemployment And Inflation Rise
1. The Nigerian economy contracted by -6.1% in the second quarter of 2020. This represents the highest quarterly decline since…
Nigeria: FSDH Predicts Continued Sluggish Economic Activities In 2020
Analysts at FSDH Merchant Limited have anticipated that the sluggish economic performance recorded in the second quarter of the year…
Nigeria’s Q2 GDP Decline Better Than Forecast
The Presidency has said that the 2nd Quarter (Q2) 2020 Gross domestic product (GDP) estimates, which measures economic growth, published…
Nigeria’s Forex Devaluation Timeline – 2020
Speculations started March 12 that the naira might be devalued. This is a timeline of every decision taken since the…
Nigeria Approves Auditors For Delta Region Development Agency Probe
Nigeria’s government has approved auditors led by Ernst & Young to examine the finances of a government organisation set up…
Cash Transfer: Nigerian Govt Warns Facilitators
The federal government has warned facilitators of Conditional Cash Transfer (CCT) programme to shun corrupt tendencies. Kola Solomon, National Training…
Ghana: Nigeria Shut Borders Without Notice… Why Have Economic Community If We Can’t Trade?
Shirley Ayorkor Botchwey, Ghana’s foreign affairs minister, has retaliated comments made by Geoffery Onyeama, her Nigerian counterpart, about trade restrictions.…
Nigerian Students In Northern Cyprus Disagree With Dabiri-Erewa On Safety
Nigerian students in the Turkish Republic of Northern Cyprus (TRNC) have faulted the statement by the Chairman of the Nigerians…
OECD: ‘Unprecedented’ Economic Collapse For Developed Nations
The economic damage done to developed nations by the COVID-19 crisis has far eclipsed the damage done by the financial…
EY Advocates Reshaping Of Tax Agenda For Nigeria, Other African Countries
Ernst & Young, EY has explained the need for Nigeria and other African countries to reshape its tax agenda in…
Nigeria: COVID-19 Knocks 15% Off Export Earnings In One Month
Nigeria’s export earnings dropped by nearly $2 billion in one month due to the global coronavirus pandemic, which affected prices…
Chloroquine Kills Coronavirus In Early Stage, Says NAFDAC DG
DIRECTOR-General of the National Agency for Food and Drug Administration and Control (NAFDAC) Prof. Mojisola Adeyeye on Tuesday stated that…
6.1% Shrinking Of Economy: FG Won’t Be Able To Service Rising Debts, Fund Budget –MAN, Others
Key players in the nation’s economy including the Manufacturers Association of Nigeria and the Lagos Chamber of Commerce and Industry…
How Nigeria’s Cocoa Revenue Can Hit $1.1b In Five Years’
If Nigeria deploys measures to increase yield, land area under cultivation, quality of cocoa beans through new techniques in fermentation…
Nigeria: FG Targets Creation Of 12m Jobs With National Gas Expansion Programme
Chief Timipre Sylva, Minister of State for Petroleum Resources says the implementation of the National Gas Expansion Programme (NGEP) will…
Nigeria: Emefiele To Host CEOs Of Multinational Companies Over Export Market
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has hinted on plans to meet with the Chief…
Nigeria May Slip Into Recession In Q3
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba says Nigeria may experience another negative growth in…
Nigeria: Buhari Unveils Agenda For Next Three Years
The President, Major General Muhammadu Buhari (retd.), on Tuesday, listed nine areas his regime would prioritise during his remaining years…
Nigeria: FG Unveils Plan To Concession 5 International Airports, Reduces Quarantine To 8 Days
Plan by the federal government to concession the five international airports in the country was unveiled Monday by the Minister…
No Infrastructure For COVID-19 Testing At Airports – NCAA
The Nigerian Civil Aviation Authority on Monday declared that there was no infrastructure to conduct COVID-19 tests on thousands of…
Nigeria: Stop Sending Children To Schools In Northern Cyprus, NIDCOM Warns Parents
The Nigerians in Diaspora Commission has warned Nigerian parents against sending their children to universities in Northern Cyprus over the…
AMCON Seizes Jabfal Enterprises’ Assets Over N440m Debt
Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Joshua Abiodun Faleye, the chief promoter of Jabfal…
Nigeria: FAAN Explains Benefits Of Airport Concession
The Managing Director of the Federal Airport Authority of Nigeria, Capt. Hamisu Yadudu, has said airports concession would reduce the…
Nigeria To Become Africa’s Largest Avocado Producer By 2030 — Obasanjo
Former President, Chief Olusegun Obasanjo on Monday disclosed that Nigeria could be the largest producer of the Avocado crop by…