Business owners protest alcohol ban in FCT
Owners of recreation centres have written to the Minister of the Federal Capital Territory, Muhammed Bello, to remind him that Nigeria is a democratic society and not an Islamic state.…
Nigeria’s crude oil output drops below expectation – Report
A financial service company, Vetiva, has decried that Nigeria's crude oil output has fallen below expectation despite efforts by the Organisation of Petroleum Exporting Countries to unwind production caps. The…
NNPC, Sahara to build jetties to boost cooking gas supply
The Nigerian National Petroleum Company Limited and Sahara Group, through their joint venture business, WAGL Energy Limited, are set to develop and construct jetties across West African countries to boost…
Companies insure top executives against kidnapping
Some companies, especially multinationals in Nigeria, are obtaining insurance for their top executives in case they are taken hostage as kidnappings soar in the country. A report by SBM Intelligence…
How Nigeria, others can increase mobile money accounts – World Bank
The World Bank has revealed how Nigeria and other Sub-Saharan African countries can increase the number of mobile money accounts. According to its ‘COVID-19 Drives Global Surge in use of…
China gifts Zimbabwe $160m parliament building
China is strengthening its influence in African countries with its economic input in helping black nations develop and grow their economies. China recently completed a new parliament building in Zimbabwe…
Airports concession: FG moves to proposals request stage
The Federal Government has moved into the proposal request stage as it continues the concession of Nigeria’s four major international airports in Lagos, Abuja, Port Harcourt and Kano. It said…
Nigeria, others impacted by under-utilisation of mineral resources – Minister
Despite huge deposits, Nigeria and other African countries suffer from the under-utilisation of mineral resources, the Minister of Mines and Steel Development, Olamilekan Adegbite, has said. Adegbite made this known…
World Bank faults Buhari regime’s response to inflation
The World Bank has faulted the response of the regime of the President, Major General Muhammadu Buhari(retd), to the inflation suffered by Nigeria. According to a statement released by the…
Prepare for mother of all queues, oil marketers warn
Oil marketers have warned Nigerians to prepare for the "mother of all queues" if the Federal Government fails to meet their demands. The oil dealers under the aegis of the…
Buhari reappoints Patience Oniha as DMO DG
The President, Major General Muhammadu Buhari (retd), has reappointed Patience Oniha as Director-General of the Debt Management Office. Oniha's reappointment extends her tenure by extra five years, according to a…
Transport fares rise 47.3% in 12 months – NBS
Nigerians are paying more to move from one city to another as they continue to face a slew of challenges, ranging from insecurity, fuel scarcity to high food prices. The…