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…
Category: Local
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…
Nigeria: FG Begins Evacuation Of Stranded Nigerians In China
The Federal Government on Monday began the evacuation of Nigerians who have been stranded in China due to COVID-19 restrictions.…
Nigeria: FG Gyrating, Scared After I Threw CAMA Bomb Last Sunday – Oyedepo
Presiding Bishop, Living Faith Church Worldwide, Bishop David Oyedepo on Sunday said the Federal Government and others were gyrating and…
Nigeria: Update Prof. Ogunsola Named Unilag’s Acting VC
Prof. Folasade Ogunsola has been elected as the Acting Vice Chancellor of the University of Lagos, UNILAG. She was elected…
Changing The Dynamics Of Eastern Ports
Last week, Onne Port in Rivers State made history when it received the biggest container vessel to ever visit the…
208 Nigerians Return In Last Evacuation Flight From U.S
Two hundred and eight Nigerian citizens departed New Jersey for home on Thursday night in the ninth evacuation flight from…
Nigeria: Ondo Receives Outline Business Case On Deep Seaport
The Ondo State Government has taken a major step towards actualising the dream of establishing a seaport in the state…
Over 400% Surcharge Increase By Shipping Firms Hurts Nigerian Economy’
The Federal Government has taken a bold step to protest indiscriminate charges by multinational shipping firms, who have continued to…
Int’l Flight Resumption – Nigeria To Apply Principle Of Reciprocity
As Nigeria prepares to resume international flights, the Minister of Aviation, Hadi Sirika has revealed that the country will apply…