HomeNews

News

Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Keep exploring

Lagos Hotel Unveils “Most Advanced” in West Africa

A video circulating on social media offers a glimpse into a lavish suite at the Delborough Hotel in Lagos, Nigeria, claimed to be the "most advanced hotel room" in West Africa. The room features a blend of cutting-edge technology and opulent comfort.

FG Commits N130bn to Clear Power Sector Gas Debt

The Nigerian Government announces a N130 billion payment to settle debts with gas suppliers, aiming to enhance stability and reliability in the power sector.

CBN’s Naira Stabilization Efforts is Ineffective, Says Peterside

Atedo Peterside criticizes CBN’s approach to stabilizing the naira, calling for a more sustainable and market-aligned strategy as the currency hits N1500/$.

Knowledge Gaps in Bill of Lading Hurt Nigeria’s Exports

Nigeria's non-oil export sector is facing challenges due to deficiencies in bill of lading knowledge. Efforts are underway to improve exporter training and streamline processes.

Rising Drug Costs Threaten Hypertension Control in Nigeria

Stakeholders highlight the escalating costs of hypertension drugs as a major barrier to managing the condition effectively in Nigeria.

Nigerian Journalists Win Legal Victory: Cyberstalking, Insult No Longer Crimes

Nigerian human rights lawyer Femi Falana announces a landmark victory for Nigerian journalists. They can no longer be arrested for vaguely defined offenses like cyberstalking or insult, thanks to a recent ECOWAS Court ruling. This decision strengthens freedom of expression and combats shrinking civic space in Nigeria.

World Bank Blacklists 58 Nigerian Entities Over Corruption Allegations

The World Bank has taken decisive action against corruption by blacklisting 58 Nigerian companies and individuals implicated in fraudulent practices. This move underscores the global commitment to combatting corruption and promoting transparency in financial transactions.

Peter Obi Calls for Judicial Reform to Strengthen Nigeria’s Democracy

Peter Obi emphasizes the need for strong institutions and rule of law to protect Nigeria’s democracy and attract investments.

Netflix to Stream NFL Christmas Day Games

Netflix expands into live sports, securing rights to stream NFL’s prestigious Christmas Day games starting in 2024, marking a significant milestone in sports broadcasting.

House Backs Cybercrime Levy, Urges Clear Communication on Target

Nigerian lawmakers have reaffirmed their support for the controversial cybercrime levy, insisting it applies only to businesses that profit from cyberspace activities. This move follows public confusion surrounding the levy's implementation.

Federal Government Suspends 0.5% Cybersecurity Levy

In response to widespread criticism, the Nigerian government halts the controversial 0.5% cybersecurity levy, prioritizing a review of its financial and societal impacts.

ASUU Issues Two-Week Ultimatum to Tinubu Over Governing Council

Discover ASUU's call to action as they issue a two-week ultimatum to Bola Tinubu over the constitution of the governing council for the University of Lagos

Latest articles

Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.