News

Last week, the Group Managing Director of NNPCL, Mele Kyari, headlined the State House media briefing, expressing concern about the menace of oil theft undermining Nigeria’s production and consequently fiscal capacity. Mr Kyari blamed various […]

Isa Pantami, minister of communications and digital economy, says the federal government has suspended a five percent excise duty on telecommunications services in Nigeria. According to The Punch, Pantami announced this on Monday during the […]

Terrorists posing as bandits have threatened to kill DPO Sani Muhammad Gyadi-Gyadi of Birnin-Gwari Divisional Headquarters in Kaduna State if a ransom of N80 million is not paid on Wednesday, September 7, 2022. This new […]

Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing Licence by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This licence allows Flutterwave to […]

The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account allocation committee (FAAC) meeting on […]

The federal government says Nigerians need to respect the immigration laws of other countries to avoid “unwarranted treatment”. On Wednesday, a viral video of Nigerians reportedly stranded at the Dubai international airport surfaced on social […]

Organisers of this year’s power sector awards have stated that the challenges facing the sector are hindering it from delivering on the benefits of privatisation in terms of reliable electricity supply. However, the group mentioned […]

The ongoing tight monetary policy of major central banks around the world, as well as domestic factors, including scarcity of foreign exchange, widespread insecurity, and pre-election jitters, will lead to further decline in foreign capital […]

International Air Transport Association (IATA), yesterday, applauded Nigeria’s decision to release $265 million of foreign airlines’ funds stranded in the country, urging the operators to keep serving the market. IATA, which is the umbrella body […]

The Academic Staff Union of Universities (ASUU) says its national executive council (NEC) has resolved to convert the roll-over strike into a “comprehensive, total and indefinite” strike. Emmanuel Osodeke, the president of the union, said […]

Ahead of the 2023 budget presentation, the Federal Government, yesterday, insisted that petroleum subsidy would remain in place until mid-2023. In addition, the government will borrow over N11 trillion and sell national assets to finance […]

Is the National Electoral Offences Commission desirable or not? Will it fast-track the trial of electoral offenders? Will the proposed commission reduce electoral malpractices and enhance the quality of elections in the country? These questions […]

The national association of Nigeria travel agencies (NANTA) says British Airways (BA) has closed inventory on Nigeria in the global distribution system (GDS), over foreign airlines’ trapped $464 million. Susan Akporiaye, president of NANTA, said […]

London where the destiny of Nigeria was once shaped to fail by colonial masters is again playing host to political leaders and concerned citizens are wondering, what’s in it for Nigeria’s future? October 1, 2023, […]

To halt the crisis in the aviation sector, the Central Bank of Nigeria (CBN) says it has released $265 million to airlines operating in the country to settle outstanding ticket sales. Osita Nwanisobi, director, corporate […]

Mr Festus Osifo, president of, Trade Union Congress (TUC), says Nigerians are not averse to the removal of subsidy on Premium Motor Spirit (PMS) but waiting for the government to win their trust over the […]

Power generation companies have blamed low power generation for the inability of the utility firms, also known as the DisCos, to pay up the N2trn debt owed them. This was revealed by the Executive Secretary, […]

The Central Bank of Nigeria (CBN) has unveiled the unstructured supplementary service data (USSD) code for the eNaira to enhance financial inclusion in the country. Godwin Emefiele, CBN governor, inaugurated the USSD transaction code on […]