Nigeria Counts On Gas To Ease Pangs Of Fuel Subsidy Cuts
Nigeria is counting on gas-powered vehicles to help it reduce reliance on gasoline and improve its climate credentials while easing…
Category: Local
Nigeria, EU In Closed Door Meeting Over Air Space Restrictions
European Union (EU) has urged the Nigerian government to have a rethink over restrictions placed on KLM, Lufthansa, and Air…
Visa Ban: Don’t Disrespect Nigeria, FG Tells US, UK
The Federal Government has frowned on the statements issued by the United States and the United Kingdom on the governorship…
Why Nigeria Wants Financial Account Holders To Submit Self-Certification Forms
In Nigeria, every financial account holder, both individual or corporate, will now be expected to obtain a self-certification form and…
Quarantine Measures In Nigeria, 34 Others Stall Aviation Restart
Resumption of flight services notwithstanding, shades of quarantine restrictions in Nigeria and 34 other countries in Africa and the Middle…
FG Makes U-Turn: All Account Holders Don’t Have To Re-Register With Banks
The Federal Government has apologised for misleading the public when it ordered all account holders in the country’s financial institutions…
Concerns Over Flight Disruptions By Labour Unions
Industry stakeholders have appealed to the federal government to wade into the industrial dispute rocking some of the airlines which…
FG Orders All Bank, Other Account Holders To Re-Register
The Federal Government has ordered all account holders in the country’s financial institutions to register their details again. The order…
Outrage As Nigerian Govt Mandates Citizens To Fill ‘Self-Certification’ Forms At Financial Institutions
The Nigerian government has directed account holders in financial institutions across the country to complete a new “self-certification” form. The…
Govt’ll Ensure Nigerian Traders In Ghana Get Justice, Osinbajo Assures
Vice President Yemi Osinbajo, SAN, has assured Nigerian traders in Ghana of justice in their running battle with the Ghanaian…
Nigeria: NNPC Begins Rehabilitation Of Refineries
The Nigerian National Petroleum Corporation (NNPC) has audited the government’s ailing refineries and mobilised funds and technical resources to restore…
Survival Strategies Pushing Banks In Nigeria Away From Lending
The economic downturn in Nigeria is forcing the nation’s lenders to rewrite their business plans. A shortage of dollars and…
International Arrivals To Abu Dhabi Must Wear COVID-19 Tracking Device
International passengers arriving at Abu Dhabi airport will now have to wear a tracking device while they complete a mandatory…
Nigeria-Benin: Dangote Mediates Border Fight For Buhari And Talon
While the border between Benin and Nigeria has been closed since August 2019, Nigerian billionaire Aliko Dangote is acting as…
China Is Pushing Its Currency Into Africa Through Fintech Partnerships
On September 9, UnionPay International announced a partnership with Interswitch East Africa, the regional business of the Nigerian-based Interswitch Group. Under the partnership,…
Bank Of England Warns Of ‘Unusually Uncertain’ Outlook, Reveals Negative Rates Under Consideration –
Markets now pricing in negative rates in the UK sooner, strategist says LONDON – The Bank of England on Thursday…
CBN Goes Tough, Probes Gaming Companies’ Alleged FX Infraction
Following its earlier decision to place the accounts of some gaming companies under post-no-debit (PND), the Central Bank of Nigeria…
FG To Create Crime Proceeds Recovery Agency
The Federal Government has approved the Proceeds of Crime Recovery and Management Agency Bill. Attorney General of the Federation and…
Tax-Free Airport Sales To End In January
The UK government is set to end tax-free sales at airports, ports and Eurostar stations from 1 January 2021, in…
Deregulation: Ideally, Nigerians should be paying N183 per litre for petrol – FG
The federal government has not fully deregulated the petroleum sector and should it do so, Nigerians would be paying about…
Nigeria Spends N1.1trn To Service Foreign Debt In Q2’20
The National Bureau of Statistics (NBS) yesterday said Nigeria spent $287 million, about N1.1 trillion, to service its foreign debt…
Buhari Expresses Optimism on Quick Economic Recovery
President Muhammadu Buhari has expressed optimism on the capacity of the Nigerian economy to rebound strongly in the near term…
FG To Repatriate Nigerian Refugees In Niger Republic
The Federal Government has assured Nigerian refugees in Diffa in the Republic of Niger that arrangements are ongoing to return…
Osinbajo Attends ECOWAS Extraordinary Summit In Ghana
Vice President Yemi Osinbajo will depart Abuja on Tuesday for Accra, Ghana, to attend an Extraordinary Summit of the Economic…
CBN Unveils Family Homes Financing Initiative Implementation Framework
The Central Bank of Nigeria (CBN) on Tuesday, unveiled a framework for implementation of family homes financing initiative to fast…
Bandits Target Nigeria’s Farmers And Threaten Food Security
Just before the start of crop planting in May, Abdullahi Hassan Wagini visited a neighbor’s farm in northern Nigeria to…
Nigeria Must Lift Bank Loans To Agricultural Sector To 10% Of Total In 4 Years – Cenbank
Nigeria needs to more than double the proportion of bank loans it makes to the agricultural sector to 10% within…
2023: Plot To Install Governor As Buhari’s Successor Will Fail — Marafa
A former governorship aspirant in Zamfara State, Senator Kabiru Garba Marafa, yesterday warned stalwarts of the All Progressives Congress (APC)…
ABCON Projects Naira Stability
The Association of Bureau De Change Operators of Nigeria on Monday said in spite of the marginal losses of the…