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Category: Local

Nigeria: Hope Dims For National Carrier Two Years After London Launch
Local

Nigeria: Hope Dims For National Carrier Two Years After London Launch

FG insists on Nigeria Air as project gets priority in N27b bailout fund • Pandemic forecloses credible investors, technical partners…

byEkeminiJuly 21, 2020
Nigeria Sets Up Committee To Drive Digital Identity Initiative
Local

Nigeria Sets Up Committee To Drive Digital Identity Initiative

Nigeria‘s President Muhammadu Buhari has established a committee led by the Secretary to the Government of the Federation, Boss Mustapha,…

byEkeminiJuly 21, 2020
‘Cassava Can Boost Nigeria’s Export’
Local

‘Cassava Can Boost Nigeria’s Export’

The New Partnership for Africa’s Development (NEPAD) Business Group Nigeria (NBGN) has called for good policies and investments in cassava…

byEkeminiJuly 21, 2020
Covid-19 Takes Toll On Kaduna Dry Port
Local

Covid-19 Takes Toll On Kaduna Dry Port

Barely five months into the outbreak of the Coronavirus (Covid-19), some operators in the sector are already feeling the heat…

byEkeminiJuly 21, 2020
Towards A Digitalised Port System
Local

Towards A Digitalised Port System

One major issue dominated discussions at the parley of the chief executive officers of maritime agencies hosted by the Nigerian…

byEkeminiJuly 21, 2020
Nigeria’s Rating Suffers Blow From COVID-19, Oil Shock – Fitch
BusinessLocal

Nigeria’s Rating Suffers Blow From COVID-19, Oil Shock – Fitch

Fitch Ratings has said the coronavirus pandemic and the oil price shock have caused a severe impact on credit rating…

byEkeminiJuly 21, 2020
Nigeria, Others Import $650bn Goods From Outside Africa – FG
BusinessLocal

Nigeria, Others Import $650bn Goods From Outside Africa – FG

Nigeria’s National Action Committee on the African Continental Free Trade Area on Monday said Nigeria and other countries on the…

byEkeminiJuly 21, 2020
Nigeria: Naira In An Age Of Pestilence
Local

Nigeria: Naira In An Age Of Pestilence

I remember when the Naira was born. It hatched out of the British Pound, and we celebrated it as though…

byEkeminiJuly 20, 2020
Nigeria: FG To Save $300m From Barite Importation
BusinessLocal

Nigeria: FG To Save $300m From Barite Importation

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the Federal Government will soon ban the importation of…

byEkeminiJuly 20, 2020
Nigeria: Waiting on the Revised Petroleum Industry Bill
BusinessLocal

Nigeria: Waiting on the Revised Petroleum Industry Bill

The much-sought sanity in the petroleum industry may soon be found if the promise by the federal government to transmit…

byEkeminiJuly 20, 2020
UAE Impounds Aircraft Operated By Nigerian Airline Over Safety Violations
Local

UAE Impounds Aircraft Operated By Nigerian Airline Over Safety Violations

Civil aviation authorities in the United Arab Emirates have impounded a private jet operated by a Nigerian airline (name withheld)…

byEkeminiJuly 20, 2020July 20, 2020
Untold Magical Treasures Of Northern Nigeria
Local

Untold Magical Treasures Of Northern Nigeria

Way before the name ‘Nigeria’ was chosen, in the period that saw the rise and reign of powerful empires and kingdoms, the…

byEkeminiJuly 20, 2020
Nigeria: No More Hiding Place for Loan Defaulters
BankingLocal

Nigeria: No More Hiding Place for Loan Defaulters

Individuals and companies, who have the habit of borrowing from banks, with the intention of not paying back, may now…

byEkeminiJuly 20, 2020
Covid-19: Lagosians Groan As Prices Of Foodstuffs, Rent Soar
Local

Covid-19: Lagosians Groan As Prices Of Foodstuffs, Rent Soar

RESIDENTS of Lagos State may have to devise ingenious means of grappling with the economic impacts of the COVID-19 pandemic…

byEkeminiJuly 20, 2020
134 Nigerians Stranded In Sudan Arrive In Abuja
Local

134 Nigerians Stranded In Sudan Arrive In Abuja

134 Nigerians who had been stranded in Sudan have returned to the country. They arrived at the Nnamdi Azikiwe International…

byEkeminiJuly 20, 2020
Nigerian Port Authority (NPA) Driving Seaport Operations
Local

Nigerian Port Authority (NPA) Driving Seaport Operations

During COVID-19 The Nigerian Ports Authority, (NPA), while overseeing the general seaport operation by private port operators, have had to…

byEkeminiJuly 20, 2020July 20, 2020
Nigeria:Third Mainland Bridge Alternative Routes Ready, Says LASG
Local

Nigeria:Third Mainland Bridge Alternative Routes Ready, Says LASG

The Lagos State Government has announced that rehabilitation of alternative routes to be used during the closure of the Third…

byEkeminiJuly 19, 2020
EXPLAINER: How The Policy On Settling Loan Defaults With Funds In Other Banks Will Work
BankingLocal

EXPLAINER: How The Policy On Settling Loan Defaults With Funds In Other Banks Will Work

The Central Bank of Nigeria (CBN), on Monday, released a policy that would allow banks to settle loan defaults with…

byEkeminiJuly 19, 2020
FG Arranges 3 More Evacuation Flights From U.S.
Local

FG Arranges 3 More Evacuation Flights From U.S.

The Federal Government has arranged three more flights to evacuate Nigerians stranded in the United States due to the coronavirus…

byEkeminiJuly 18, 2020
Nigeria Inflation Rises In June, Food And Healthcare Cost Weigh
Local

Nigeria Inflation Rises In June, Food And Healthcare Cost Weigh

Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, the statistics…

byEkeminiJuly 18, 2020July 18, 2020
Experts Seek Lending Rate Reduction, MPC Meets Monday
Local

Experts Seek Lending Rate Reduction, MPC Meets Monday

Financial experts have said there is a need for the Monetary Policy Committee of the Central Bank of Nigeria to…

byEkeminiJuly 18, 2020
Non-Oil Exporters Want Govt To Fix Domestic Market
Local

Non-Oil Exporters Want Govt To Fix Domestic Market

Stakeholders in the non-oil export business have asked the government to focus on addressing challenges in the domestic market so…

byEkeminiJuly 18, 2020
How Indigenous Carrier Rescued Stranded Nigerians
Local

How Indigenous Carrier Rescued Stranded Nigerians

With high cost of airfares charged by foreign airlines, many Nigerians who had depleted their resources due to Coronavirus lockdown…

byEkeminiJuly 18, 2020
Nigeria’s “Bond Lady” Tackles Public Debt With Strategy
Local

Nigeria’s “Bond Lady” Tackles Public Debt With Strategy

As director-general of the Debt Management Office (DMO) of the Nigerian Ministry of Finance, Patience Oniha oversees the country’s public…

byEkeminiJuly 17, 2020
Nigeria: Aliko Dangote’s $2 Billion Fertilizer Plant Set For February Start
Local

Nigeria: Aliko Dangote’s $2 Billion Fertilizer Plant Set For February Start

Dangote Group’s fertilizer plant, now under construction in Nigeria’s biggest city of Lagos, will be ready to start production next…

byEkeminiJuly 17, 2020
Gokada App Founder Died Of Multiple Stab Wounds
Local

Gokada App Founder Died Of Multiple Stab Wounds

The technology entrepreneur found slain and dismembered in his luxury Manhattan condominium earlier this week died of multiple stab wounds…

byEkeminiJuly 17, 2020
Illegal Oil Dealings: 3 Nigerians Sent To Prison
Local

Illegal Oil Dealings: 3 Nigerians Sent To Prison

Justice Chuka Austine Obiozor of Federal High Court, Ikoyi, on Thursday, convicted and sentenced Ometoruwa David, Morford Meteku and John…

byEkeminiJuly 17, 2020
UK Won’t Pay You Hazard Allowance, FG Tells Doctors Planning To Migrate
Local

UK Won’t Pay You Hazard Allowance, FG Tells Doctors Planning To Migrate

The Minister of Health, Dr. Osagie Ehanire, has told Nigerian doctors planning to emigrate to the United Kingdom to take…

byEkeminiJuly 17, 2020July 17, 2020
Nigerian State Revenue Too Low To Power Economy
Local

Nigerian State Revenue Too Low To Power Economy

Nigeria’s government must improve tax collection because revenue is lower than the minimum amount required for the state to play…

byEkeminiJuly 17, 2020
Nigeria Refines Own Gold, Starts Stockpiling In Reserve
BusinessLocal

Nigeria Refines Own Gold, Starts Stockpiling In Reserve

Nigeria has for the first time refined its own gold and purchased the refined product into a new gold reserve.…

byEkeminiJuly 17, 2020

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