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FG Launches Task Force to Accelerate Aviation PPP Projects

The Federal Government has launched task forces within the Ministry of Aviation and ICRC to fast-track PPP projects, aiming to enhance infrastructure investment in the aviation sector.

Foreign Investments in Nigeria’s Stocks Surge 204% in Q2 2023

Nigeria’s stock market saw a 204% surge in foreign investments in Q2 2023, signaling renewed confidence in the country’s economic potential and market stability.

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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

Nigeria Mandates CNG Pumps at Fuel Stations to Boost Autogas Use

Nigeria's government may require fuel stations to install CNG pumps to support the rollout of autogas vehicles and reduce reliance on petrol.

Nigeria’s Oil Production Inches Up, But Challenges Remain

Nigeria's oil production edged slightly higher in April 2024, offering a glimmer of hope for the nation's economic prospects. However, this increase falls short of government targets, highlighting persistent challenges that continue to plague the oil sector.

Peter Obi Meets Atiku, Saraki, Lamido to Discuss Nigeria’s Future

Peter Obi convenes with top PDP figures to deliberate on strategies aimed at tackling Nigeria's pressing issues and loosening the APC's hold on power.

Commercial Disputes Hinder Launch of MVNOs in Nigeria

Commercial disputes between MVNOs and MNOs stall the rollout of new telephony services across 31 states in Nigeria, risking broadband targets.

Nigeria, China Collaborate to Boost Trade and Agricultural Exports

Nigeria and China are collaborating to bridge the trade gap and enhance agricultural exports, signaling new opportunities for economic growth and development in both countries.

Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.

Nigeria’s Immunity Clause: Shield for Governance or Cover for Impunity?

Recent incidents highlight how Nigeria's immunity clause might be shielding officials from accountability rather than just distractions.

Businesses brace as Telcos’ Financial Strain Imperils Network Quality

Telecommunication companies face a mounting financial squeeze, casting a shadow over the reliability of...

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.

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FG Launches Task Force to Accelerate Aviation PPP Projects

The Federal Government has launched task forces within the Ministry of Aviation and ICRC to fast-track PPP projects, aiming to enhance infrastructure investment in the aviation sector.

Foreign Investments in Nigeria’s Stocks Surge 204% in Q2 2023

Nigeria’s stock market saw a 204% surge in foreign investments in Q2 2023, signaling renewed confidence in the country’s economic potential and market stability.

Olowookere Confident in Flamingos’ Performance at U-17 World Cup

Coach Bankole Olowookere is optimistic about the Flamingos' chances at the FIFA U-17 Women’s World Cup in the Dominican Republic, as Nigeria’s team aims to surpass their 2022 performance.

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