HomeNews

News

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian businesses, followed by taxes, high interest rates, and financial challenges. Business confidence is improving, with optimism in industry, agriculture, and services sectors, and expectations of higher employment and expansion in...

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025 and 2026 to strengthen its health sector and reduce dependence on foreign aid. Federal health spending has risen sharply, with allocations now at 5.2 per cent of the national budget...

Keep exploring

Pressure Builds on Tinubu to Sack Key Oil Sector Chiefs

APC members urge President Tinubu to remove oil sector chiefs, citing corruption, mismanagement, and the need for urgent reform.

Nigerian Government Fights Back Against Chinese Firm’s Jet Seizure Plot

The Nigerian government is countering a Chinese firm’s attempt to seize Nigerian presidential jets in Paris, describing the move as fraudulent and baseless.

Senator Kawu’s N21 Million Monthly Allowances Ignite Public Outrage

Senator Kawu’s N21 million monthly allowances spark national debate on the fairness of lawmakers' pay in Nigeria.

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.

New Curriculum Aims to Equip Youths with AI Skills for Top Jobs

Nigeria’s new curriculum focuses on AI skills to equip youths for high-paying jobs, aiming to align education with the demands of a technology-driven job market.

Military Troops Deployed to Safeguard Farms Amid Food Crisis

In response to escalating threats from bandits and terrorists, the Nigerian military has deployed...

Telcos Face Shrinking Investments as Return on Capital Turns Negative

Telecom companies in Nigeria are seeing investments shrink as their return on capital turns negative, raising concerns about the sector's sustainability and growth.

Telcos Warn of Service Cuts as NCC Blocks Price Hikes

Telecom companies threaten service cuts over soaring costs, but NCC stands firm against approving price hikes, sparking industry tension.

OPEC Challenges Tinubu’s Claim of 1.6 Million Barrels Per Day Oil Output

OPEC challenges Nigerian President Tinubu's claim of increased oil production, highlighting differences in reported figures.

Council of State Backs Tinubu Amidst National Tensions

The Nigerian Council of State has unanimously passed a vote of confidence in President Bola Tinubu's administration, amid national protests and growing tensions. The Council emphasized that any change in government must occur through democratic means, not insurrection.

MTN and Airtel Make a Strong Comeback

MTN Nigeria and Airtel Africa, two of Nigeria's leading telecommunications companies, are charting a...

VP Shettima: North Has No Business with Poverty

VP Shettima calls for unity and action to eliminate poverty in the North, emphasizing resources and leadership.

Latest articles

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025...

AAC Condemns FCT Minister Over Mobile Phone Ban for Workers

KEY POINTS The AAC FCT Chapter condemned Wike’s directive banning mobile phone use by...

Namu Community Gets Power After 20 Years

The Namu solar project ends over 20 years of darkness, bringing electricity and new economic opportunities to rural Plateau State