Nigeria: APC Condemns Atiku, PDP For Sponsoring Fake News Against Osinbajo
The All Progressives Congress (APC) has condemned former Vice President Atiku Abubakar and his party, the Peoples Democratic Party (PDP)…
Category: Local
Nigeria’s Ballooning Debt: Don’t Panic, China is not the Devil
Many Nigerians are worried about rising debt profile of the nation which settled at ₦28.6 trillion in the first half…
Dow Jumps 250 Points To Start Week Even As White House, Congress Battle Over Coronavirus Relief
The Dow Jones Industrial Average rallied on Monday even amid uncertainty over a new coronavirus stimulus package. The 30-stock Dow…
Buhari Signs Nigeria’s ‘Most Significant Business Legislation In 30 Years’
President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National…
Nigeria: The Misplaced Loan for Sovereignty Uproar
More attention should be paid to what loans are used for, and if they are judiciously spent, rather than raise…
Nigeria: Buhari’s Endorsement Of Ize-Iyamu Is A ‘Dent On Anti-Corruption War’
Chris Nehikhare, a spokesman for the Peoples Democratic Party (PDP) campaign council in Edo state, has described the endorsement of…
Nigeria: Jubilant worshippers return to Lagos mosques
Muslim worshippers attend Friday prayers inside a mosque, after houses of worship reopened in Nigeria’s commercial capital Lagos, amid concerns…
Take Me To Court’– Nwaoboshi Tackles NDDC Over N2.5bn Refund Request
Peter Nwaoboshi, chairman of the senate committee on the Niger Delta Development Commission (NDDC), has dismissed a letter by the…
Nigeria: Power Should Move To Southern Nigeria In 2023
The governor of Kaduna State, Nasir El-Rufai, has said that Nigeria’s next president in 2023 should emerge from the southern…
Nigeria: Gov Bala Defends Appointment Of SA On Unmarried Women
Bauchi State Governor Mohammed Bala has defended the appointment of Balaraba Ibrahim as a Special Assistant on unmarried women affairs.…
Nigeria: Retain Service Chiefs, Increase Army Funds
Ebonyi State Governor David Umahi on Friday advised President Muhammadu Buhari to retain the current armed force service chiefs against…
Nigeria: NDDC Pondei Lists Contracts Allegedly Paid Under ‘Duress’ To Get Budget Approval
The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei, weekend, listed some of the…
NPA Warns Shipping Firms Over Empty Containers
Failure by shipping firms to provide holding bays for empty containers is responsible for ports’ congestion, operators have said. However,…
Nigeria: Reps Summon Adeosun, Ahmed, Farouq Over N1.7tn NSIP Fund
The House of Representatives has summoned a former Minister of Finance, Mrs Kemi Adeosun; the incumbent Minister of Finance, Budget…
Nigeria: DMO Lifts Suspension On FGN Savings Bond Offer
Four months after it suspended the Federal Government of Nigeria (FGN Savings Bond) offer, the Debt Management Office (DMO) yesterday…
White Customers, Black Fabrics
The recent outpouring of support for Black-owned businesses has brought attention to fashion labels that work with African prints. The…
Nigerian Crypto Activity Has Been On The Rise Since April
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months. Nigeria, the biggest source of…
Buhari Orders Compulsory Use Of Face Masks Nationwide
President Muhammadu Buhari has directed state governments and the Federal Capital Territory (FCT) to enforce the use of face masks…
Oil Slips To $45 On Demand Concerns, Set For Weekly Rise
Oil dipped to around $45 a barrel on Friday on worries that a demand recovery would slow due to a…
DMO Clarifies China’s Loans To Nigeria; Economic Viability And Revenue Issues Left Out
The attention of the Debt Management Office (DMO), has been drawn to statements and reports credited to several persons on…
Nigeria’s Cocoa Output To Be Tapered By The Spread Of The Fungal Black Pod Disease
Approximately 40% of Nigeria’s cocoa output may be at risk from the spread of the fungal black pod disease which…
Nigerian Govt Extends COVID-19 Lockdown By 4 Weeks
The Nigerian government, on Thursday, extended the second phase of the COVID-19 eased lockdown by another four weeks. This extension…
FG Asks Airlines To Get Ready For Resumption Of International Flights
The federal government had banned international flights in March as parts of measures to check the spread of COVID-19. But…
Nigeria:Total Loans To Businesses Hit N18.9 Trillion In One Year
Total gross credit for various transactions in Nigeria rose by N3.33 trillion from N15.56 trillion at end-May 2019 to N18.90…
Stranded Nigerian Chess Player Returns Home After Four Months
Nigeria’s number one chess player, Oladapo Adu, is back to his home country after being stuck in Ivory Coast for…
Nigeria: FG To Boost External Reserves By Curbing Illegal Gold Sales
The Federal Government plans to stem illegal gold export worth hundreds of millions of dollars a year to boost the…
Nigeria’s Free Fall Into China’s Debt Trap!
This is it –the inexplicable paradox of an oil-rich country, Nigeria getting caught, deep into the marshy quagmire of a…
Nigeria: Lagos Cancels 2018 Land Use Charge
Lagos State Government has cancelled the 2018 land use charge and reverted to pre-2018 land use charges. The Government announced…
306 Nigerians Return Home From UAE
At least 306 Nigerians stranded in the United Arab Emirates due to the coronavirus pandemic have returned home, the Nigerians…
Revival Of Ailing Industries Will Strengthen Currency — Expert
Mr Promise Amahah, an economic expert says revamping ailing industries and economic diversification in the country will help to strengthen…