Nigerian Govt Reopens Domestic Airports June 21
The Federal Government has asked the aviation sector to begin to develop protocols that will lead to the resumption of…
Category: Local
Churches And Mosque To Reopen As Nigeria’s Federal Government Lifts Ban On Religious Gatherings
The federal government has lifted the ban on religious gathering across the country. The government had imposed the ban two…
Nigeria: Nationwide Curfew Now 10pm To 4am, Banks To Fully Open
The FG also relaxes restrictions on both Churches and Mosques
Sanwo-Olu Flags Off Construction Of Lekki Regional Road
Governor of Lagos state, Babajide Sanwo-Olu has flagged off the construction of the Lekki regional road, the long-awaited road, which…
US Supreme Court Rejects Church’s Challenge To California’s Coronavirus Rules
The Supreme Court has rejected a California church’s attempt to overturn the state’s coronavirus restrictions on in-person religious services. In…
Nigeria: President Muhammadu Buhari Reshuffles NNPC’s Board Of Directors
President Muhammadu Buhari has approved the reconstitution of the board of the Nigerian National Petroleum Corporation (NNPC) after the expiration…
Why the US Is targeting Nigerian Banker, Akinwunmi Adesina
The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes…
Nigeria: CBN Forecasts slower growth, reduces lending rate to 12.5%
The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was…
Kylie Jenner Is No Longer A Billionaire – Forbes
Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash outs of…
MTN Nigeria Opens Offer Of N100b Commercial Paper Issuance
MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under…
Nigeria: Oil Revenue May Drop Further To 25% Of Budget’
With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according…
Nigeria: Only Four Or Five Airports May Be Opened For Domestic Flights Ncaa
Director-General, Nigerian Civil Aviation Authority, NCAA, Captain Musa Nuhu yesterday said only four or five Airports may be opened for…
Nigeria: Buhari Writes Reps, Seeks Another $5.513bn Loan
President Muhammadu Buhari is seeking approval to borrow another $5.513bn. The letter was read on the floor of the House…
Nigeria: FG Mulls School Reopening, Considers Morning, Afternoon Classes
The Federal Government says it is thinking of sectionalising classes for primary, secondary, and tertiary institutions in the country ahead…
EU Unveils Plan To Borrow 750 Billion Euros To Aid Economic Recovery
he European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region faces the…
Nigeria: Capital Importation Rises By 54% To $5.85bn In Q1
The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year…
Nigeria: Kaduna Extends Lockdown By Two Weeks
The Kaduna State Government has extended the lockdown in the state by another two weeks. The two weeks lockdown would…
Nigeria: Stock Market Gains N700bn Following Gains From Blue-Chip Stocks
Trading activities on the floor of the Nigerian Stock Exchange closed bullish last week following gains recorded by most blue-chip…
Nigeria: Economy Ends Q1 Strong Despite Pandemic — Expands By 1.87%
Nigeria’s gross domestic product (GDP) expanded by 1.87% in the first quarter of 2020, a new report by the National…
Nigeria: Lagos Reduces 2020 Budget By 21%
The Lagos State government has commenced a downward review of the year 2020 budget as a result of the negative…
Nigeria’s Economy Slows By -0.68% In First Quarter Of 2020 – NBS
Nigeria’s economy witnessed a slow-paced growth of -0.68% in the first quarter of 2020 as the country’s Gross Domestic Product…
Jaguar Land Rover Furloughs Half Of Workforce
About 20,000 Jaguar Land Rover (JLR) workers – half of its staff – have been furloughed because of the pandemic.…
China Scraps Annual Economic Growth Target For First Time
China will not set an economic growth goal for this year as it deals with the fallout from the coronavirus…
Nigeria: Oil, Gas Revenue Dropped By N425.52bn In Q1 –Minister
The country’s revenue from oil and gas dropped by N425.52bn in the first quarter of 2020 to N940.91bn, Minister of…
UK Court Throws Out Nigeria’s $1bn Bribery Case
An English court threw out a $1.1bn case Nigeria brought against Royal Dutch Shell and Eni relating to a dispute…
Nigeria:Lagos State’s IGR More Than The Combined Total Of 26 Other States
Lagos State has retained its place as Nigeria’s economic capital, generating N398.7bn in 2019 alone. The sum is the equivalent…
South America Is A ‘New Epicenter’ Of The Coronavirus Pandemic, WHO Says
The epicenter of the global Covid-19 pandemic has shifted to South America as cases in Rio de Janeiro and Sao…
Nigeria May Go Into Recession – Zainab Ahmed
Zainab Ahmed, Nigeria’s Finance Minister, has said that the country may go into recession due to the slowing down of…
Nigeria: Lagos Doctors Call Off Sit-At-Home Strike
Lagos Branch of the Nigerian Medical Association Thursday called off its sit-at-home order over the harassment of health workers by…
Nigeria: FAAN Slashes Workers’ Salaries
The Federal Airports Authority of Nigeria on Tuesday said it might not be able to pay full staff salaries as…