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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.
News

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.
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NIN Modification: Bank Blames NIMC, Nigerians Share Frustrations

NIN modification not reflecting in banks is a shared frustration with other Nigerians.
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Shell awards $1.98bn contracts to Nigerian firms to boost local content

Shell awards $1.98bn contracts to indigenous companies, boosting Nigeria’s local content and economic development in the oil industry
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Federal Government Dismisses Civil Servants With Degrees From Togo, Benin

The Nigerian government dismisses civil servants with degrees from unaccredited universities in Togo and Benin as part of an ongoing certificate probe.
News

Mali, Burkina Faso Terrorists Now Active In Northwest Niger State

The Senate on Thursday called for immediate action to arrest terrorists infiltrating from Mali-Burkina Faso to Nigeria's northwest and Niger state, stressing the need for military capacity and community engagement.
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Court Urged To Dismiss Charges Against Minors – Falana

Falana wants charges against #EndBadGovernance protests minors dismissed, citing constitutional and international protection.
Business

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.
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APC Criticizes Amaechi’s Call for Protests as ‘Unpatriotic’

The APC has condemned Rotimi Amaechi’s call for protests, describing it as unpatriotic and urging Nigerians to support President Tinubu's economic reforms.
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ExxonMobil’s $10 Billion Investment in Nigeria to Boost Oil Output

ExxonMobil is investing $10 billion in Nigeria’s deepwater oil assets to unlock 180,000 bpd of production, signaling a major boost for the country's oil sector and economy.
News

Nigeria Fights Paris Court Seizure of Presidential Jets in Legal Dispute

Nigeria battles in Paris court to reclaim seized presidential jets amid a $60 million dispute with a Chinese company.
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Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.
News

Government Urges Patience Amid Protests, Pledges to Address Economic Issues

The Nigerian government appeals for patience and dialogue as nationwide protests loom, pledging to address the economic issues causing public discontent.
News

Dangote Refinery Set to Disrupt 90 European Refineries

The Dangote Refinery, with its capacity to produce 650,000 barrels per day, threatens to disrupt 90 European refineries and shift global oil market dynamics
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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.
News

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.
News

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.
News

Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.