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…
Category: Local
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…
Import Restrictions, FX Fluctuations… Why Shoprite May Be Selling Stake In Nigerian Business
Shoprite, Africa’s largest food retailer, told investors on Monday that it is considering a potential sale of ” all or…
Dollar Stumbles As Investors Await U.S. Stimulus Breakthrough
A rebound in the dollar faltered on Tuesday as political wrangling over a U.S. relief plan and the gloomy economic…
CBN’s Emefiele: ‘The Nigerian Situation Is A Challenging One’ Says Analyst
In the second part of our series on the governors running the Central Banks of West Africa, we take a…
Buhari Orders Payment Of Fees For Stranded NDDC Scholars
The director, Corporate Affairs, NDDC, Mr. Charles Odili has disclosed that scholars of the Commission facing hardship abroad over non-remittance…
Nigeria’s Oil Projects Threatened As IOCs Suffer $27.8bn Loss
Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in the country…
Here’s The Nigerian Who Is Buying Shoprite’s Stake
Shoprite, Africa’s largest food retailer, announced on Monday it is considering selling off its majority share in its Nigerian subsidiary.…
Govs Express Concern Over Nigeria’s Fragile Security, To Meet Buhari
The thirty six state governors Monday expressed concern over the fragile security situation in Nigeria. The governors also resolved to…
Shoprite Lifted By Sales Jump And Potential Nigeria Exit
Shoprite Holdings could become the latest South African retailer to retreat from other African markets after it said on Monday…