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August 16, 2022

End killings of innocent Nigerians, Afenifere tells Buhari

August 16, 2022

Power intervention fund jumps to N2.9trn

August 16, 2022

BoI disburses N1.2tn to enterprises in six years

August 16, 2022

Fuel subsidy hits N1.593tn, refinery rehabilitation gulps N54.66bn

Nigeria News

August 16, 2022

Cow dealers, OPC bloody clash regrettable – Kwara Gov

Kwara State Governor, AbdulRahman AbdulRazaq has reacted to last Friday’s bloody clash between cow dealers and Odua Peoples Congress, OPC, at Kara Market in Ajasse-Ipo town, cautioning people against violent reaction to issues for whatever reasons. some persons were killed in the bloody clash, while several others were injured, according to police reports. The incident […]

August 16, 2022

Strike: ASUU meets FG, resumes negotiation

The Academic Staff Union of Universities (ASUU) is scheduled to meet with Federal Government representatives on Tuesday over its prolonged strike. President of ASUU, Professor Emmanuel Osodeke, who disclosed this on Monday while speaking on Channels Television’s Politics Today, said the meeting was to discuss one of seven issues ASUU is protesting over. “That’s the […]

August 16, 2022

Nine varsities may lose 159 courses’ accreditation

August 16, 2022

End killings of innocent Nigerians, Afenifere tell…

August 15, 2022

Tinubu will continue from where Buhari stops – Nas…

August 15, 2022

Policemen must respect citizens’ rights – AIG

August 15, 2022

OPC, Fulani trade blame over Kwara clash

August 15, 2022

FG sacks 23 workers with fake employment letters

Politics

August 16, 2022

INEC displays voters’ register in Lagos

The Independent National Electoral Commission (INEC) in Lagos State has displayed the register of newly registered voters. The electoral umpire called on residents to check the register for respective claims and objections. Resident Electoral Commissioner, Olusegun Agbaje issued a statement on Monday through the Public Relations Officer, Adenike Oriowo. INEC explained that the publication was […]

August 16, 2022

2023: Forget political party, rally round Tinubu –…

August 15, 2022

Osun: Aregbesola’s ex-commissioner, Bolorunduro de…

August 15, 2022

Cash crunch hits APC, staff lament salary delay

Business

August 16, 2022

Nigerians’ seven-month expenditure on utility bills hits N1.69tn

Nigerians spent N1.69tn electronically on utility bills such as power, Pay TV subscriptions, and other everyday utilities in the first seven months of 2022, according to data from the Nigeria Inter-Bank Settlement System. This is a 32.06 per cent increase from the N1.28tn that was electronically spent on utilities in the corresponding period of 2021. […]

August 16, 2022

Power intervention fund jumps to N2.9trn

The Federal Government’s intervention fund to the electricity distribution companies has risen to N2.9trn, from N2trn recorded as of May this year. This indicates a 45 per cent increase over the period. By estimation, the N2.9trn is the total funding extended to the sector since privatisation in 2013. The Director-General, Bureau of Public Enterprise, Alex […]

August 16, 2022

BoI disburses N1.2tn to enterprises in six years

The Bank of Industry said it disbursed over N1.2tn to 4,205,920 enterprises and created over 9,048,444m estimated direct and indirect jobs between 2015 and 2021. The bank said in a statement on Monday that the successful completion of €1bn Guaranteed Senior Loan Facility to further enhance its capacity to deliver on its mandate, in line […]

August 16, 2022

Fuel subsidy hits N1.593tn, refinery rehabilitation gulps N54.66bn

Latest data on the amount spent in subsidising Premium Motor Spirit, popularly called petrol, seen in Abuja on Monday showed that the government subsidised the commodity with N1.593tn between January and June 2022. It was also gathered that the Nigerian National Petroleum Company Limited pumped N54.66bn into refinery rehabilitation during the six months period. Figures […]

August 15, 2022

Seven-month cashless transactions rise 41%, hit N210tn

Cashless transactions in Nigeria rose by 40.66 per cent year-on-year to N210.08 trillion in the first seven months of 2022, according to data from the Nigeria Inter-Bank Settlement System, NIBSS. From January to July 2022, N210.08tn was processed on the Nigeria Instant Payment System (NIP) and Point of Sales terminals (PoS), which explain how cashless […]

August 15, 2022

18 terminal operators owe FG $753m, N1.61bn – AGF

The Office of the Auditor General for the Federation has queried the Nigerian Ports Authority over the failure of 18 port terminal operators to remit total sums of $753m and N1.61bn to the Federal Government. These operators are the Lagos Port Complex, Tin Can Island Port, Delta Port, Rivers Port Complex, Onne Port Complex and […]

August 15, 2022

Stock investors lose N571bn in one week

Investors lost N571bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 2.09 per cent to close at 49,664.07 and N26.787tn last week. All other indices finished lower with the exception of The NGX […]

August 15, 2022

Nigeria’s N9tn oil revenue threatened, FG blames theft

Nigeria’s oil production slumped by 28 million barrels between January and July 2022, threatening the Federal Government’s N9.37tn oil and gas revenue target by the end of the year. The Federal Government, in the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper recently presented by the Minister of Finance, Budget and National Planning, Dr […]

August 13, 2022

LCCI cautions FG on rising debt

The Lagos Chamber of Commerce and Industry has expressed worries over debt servicing cost of the Federal Government and advised it to consider deficit financing from equity instead of expensive debts spent on recurrent expenditures. The chamber made the call in a statement signed by its president, Michael Olawale-Cole, titled ‘LCCI statement on Nigeria’s debt […]

August 13, 2022

NNPC, IOCs sign agreements to generate $500bn revenue

The Nigerian National Petroleum Company Limited and international oil companies operating in Nigeria, on Friday, signed various agreements that would ensure the production of about 10 billion barrels of crude oil and generate over $500bn revenue to all parties involved. NNPC officials and their counterparts from the IOCs including Shell, Chevron, Texaco, Sinopec, Sapetro, Esso […]

Energy/Oil&Gas

August 11, 2022

24 hours power supply: Ikeja Electric sign tripartite agreement with Enaro Energy and Ayobo community

Ikeja Electric Plc, Nigeria’s leading electricity distribution company, has signed a Tripartite Interconnected Mini-Grid Agreement with Enaro Energy Limited and Ayobo community, to provide reliable and uninterrupted electricity supply to Ishokan Phase1 Estate, Mercy Land Estate and Mercy Land Phase1 residents in Ayobo, Lagos State. The initiative is in line with the Nigerian Electricity Regulation […]

August 5, 2022

Ikeja Electric reiterates commitment to metering a…

March 25, 2022

Lagos State praises Ikeja Electric’s commitment to…

March 21, 2022

Crude oil price climb for third day as supply outl…

Opinion

August 3, 2022

Sam Omatseye: After Obi, let’s talk Tinubu

By Sunny Igboanugo The more I tried to ignore Sam Omatsaye’s diatribe, where he practically threw faeces on Peter Obi, the more something continues to urge me to respond. Because I don’t really know what it is all about – I must confess, I can’t really make head or tail of it all – I […]

August 3, 2022

Sam Omatseye as a Kept Man

August 3, 2022

Sam Omatseye: When crumbs lace a writer’s brain wi…

July 21, 2022

Entrepreneurial, Innovative Leadership for Aba (En…

The Latest

August 16, 2022

INEC displays voters’ register in Lagos

The Independent National Electoral Commission (INEC) in Lagos State ha…
August 16, 2022

2023: Forget political party, rally round Tinubu –…

Ahead of the 2023 presidential election, the Oluwo of Iwo, Oba Abdulro…
August 16, 2022

Cow dealers, OPC bloody clash regrettable – Kwara …

Kwara State Governor, AbdulRahman AbdulRazaq has reacted to last Frida…
August 16, 2022

Strike: ASUU meets FG, resumes negotiation

The Academic Staff Union of Universities (ASUU) is scheduled to meet w…
August 16, 2022

Nine varsities may lose 159 courses’ accreditation

The accreditation of no fewer than 159 undergraduate courses in nine f…
August 16, 2022

End killings of innocent Nigerians, Afenifere tell…

The Pan-Yoruba socio-political organisation, Afenifere, has asked the …
August 16, 2022

Nigerians’ seven-month expenditure on utility bill…

Nigerians spent N1.69tn electronically on utility bills such as power,…
August 16, 2022

Power intervention fund jumps to N2.9trn

The Federal Government’s intervention fund to the electricity distribu…
August 16, 2022

BoI disburses N1.2tn to enterprises in six years

The Bank of Industry said it disbursed over N1.2tn to 4,205,920 enterp…
August 16, 2022

Fuel subsidy hits N1.593tn, refinery rehabilitatio…

Latest data on the amount spent in subsidising Premium Motor Spirit, p…
August 15, 2022

Osun: Aregbesola’s ex-commissioner, Bolorunduro de…

Wale Bolorunduro, a former Commissioner for Finance in Osun State has …
August 15, 2022

Cash crunch hits APC, staff lament salary delay

In spite of the billions of Naira generated from the sale of expressio…
August 15, 2022

Tinubu will continue from where Buhari stops – Nas…

Nasarawa State House of Assembly Speaker, Ibrahim Abdullahi said All P…
August 15, 2022

Policemen must respect citizens’ rights – AIG

The Assistant Inspector-General of Police, zone six, Calabar, Kola Kam…
August 15, 2022

OPC, Fulani trade blame over Kwara clash

The Oodua Peoples Congress and the Fulani traders who were alleged to …
August 15, 2022

FG sacks 23 workers with fake employment letters

No fewer than 23 ghost workers have been uncovered in the Federal Mini…
August 15, 2022

Seven-month cashless transactions rise 41%, hit N2…

Cashless transactions in Nigeria rose by 40.66 per cent year-on-year t…
August 15, 2022

18 terminal operators owe FG $753m, N1.61bn – AGF

The Office of the Auditor General for the Federation has queried the N…
August 15, 2022

Stock investors lose N571bn in one week

Investors lost N571bn at the end of trading on the floor of the Nigeri…
August 15, 2022

Nigeria’s N9tn oil revenue threatened, FG blames t…

Nigeria’s oil production slumped by 28 million barrels between January…

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The Latest

  • INEC displays voters’ register in Lagos
  • 2023: Forget political party, rally round Tinubu – Oluwo to Yoruba leaders
  • Cow dealers, OPC bloody clash regrettable – Kwara Gov
  • Strike: ASUU meets FG, resumes negotiation
  • Nine varsities may lose 159 courses’ accreditation

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