HomeNews

News

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.

Keep exploring

Oil Production Boosts Planned for Akwa Ibom State

Nigeria's oil production is poised for a significant boost with the commencement of operations at Oil Mining Lease (OML) 13 in Akwa Ibom State. The project, a collaboration between the state-owned Nigerian National Petroleum Company (NNPC) and its partners, marks a promising development for the country's energy sector.

President Tinubu, Chinese Firms Launch $200M Lithium Facility

President Tinubu inaugurates Nigeria's largest lithium processing plant in Nasarawa, signaling a major leap in renewable energy investments and sustainable mining practices.

Court Orders Suspension of Pro-Wike Speaker and Legislators in Rivers Drama

The Rivers State High Court has issued a directive for the suspension of Martin...

Over 107 Million Nigerians Now Enrolled in National ID Database

The National Identity Management Commission (NIMC) in Nigeria is making significant strides in its National Identity Number (NIN) enrollment drive. As of May 2024, over 107.3 million Nigerians have been captured in the national identity database. The NIMC is also working to expand capacity to enroll 250 million Nigerians and introducing a new multifunctional National ID Card that offers a variety of functionalities beyond just identification, including financial transactions, access to government services, and travel identification. 

MTN, Airtel’s FX Woes Mask Strong Q1 Performance

Amidst the backdrop of foreign exchange challenges, telecom giants MTN and Airtel have reported...

FirstNews Abducted Editor Resigns After Apology to Gbajabiamila

Olatunji resigns as editor following a controversial retraction and public apology to Gbajabiamila, sparking debates on media freedom and ethics.

Kaduna Relocates 359 Schools to Tackle Security Challenges

Due to escalating security threats, Kaduna State merges 359 schools into safer locations, safeguarding students and educational facilities.

NEITI Audits Oil, Gas, and Mining Industries to Boost Domestic Resource Mobilization

The Nigerian Extractive Industries Transparency Initiative (NEITI) is embarking on a nationwide audit of the oil, gas and mining industries to strengthen domestic resource mobilization efforts for the Nigerian government.

Shell Contributed $1.09bn in Taxes in 2023

In 2023, Shell Nigeria paid $1.09 billion in taxes and royalties, underscoring its substantial financial contribution to the Nigerian government and its economic development.

Rivers New Factional Speaker Annuls Laws Passed by Defected Lawmakers

Rivers State finds itself embroiled in a legislative crisis as the newly elected factional...

Nigeria Probes Binance Executive’s Escape, Dismisses Bribery Claims

Nigerian House of Representatives investigates the escape of Binance's executive, Nadeem Anjarwalla, amid government's dismissal of Binance's bribery allegations.

Delta State Hails Military Withdrawal, Ushers Peace in Okuama

Governor Sheriff Oborevwori of Delta State has applauded the collaborative efforts of President Bola Tinubu and the military high command for their decision to withdraw troops from the Okuama community in Ughelli South Local Government Area.

Latest articles

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