Lagos airport passengers stranded over NAHCO staff strike
The Nigerian Aviation Handling Company employees, who are being led by the unions, have begun an indefinite strike which is causing several international and local flights at the airport…
Subsidy: Petrol may hit N800/litre, says marketers
Oil marketers have revealed that if the Federal Government goes ahead with its plan to remove the subsidy on Premium of Motor Spirit, popularly called petrol, the cost of…
MPC meets over interest rate hike
The Monetary Policy Committee meeting of the Central Bank of Nigeria is expected to meet on Monday to proffer solutions to the recent rise in interest rates. According to…
S’East traders, transporters lament multiple taxes
Traders and transporters in the South Eastern part of the the country have expressed their grievances over the undue collection of taxes and levies, particularly by touts and market…
Buhari to flag-off Lagos deep sea port, rice mill
The President, Major General Muhammadu Buhari (retd.), is expected to inaugurates the Lagos deep sea port project among other projects in the State on Monday. According to the Nation,…
Petroleum Minister to secure new capital for Nigeria at London event
The African Energy Chamber has proudly announced that the Minister of State for Petroleum Resources of Nigeria, Timipre Sylva, will be leading the investment-focused discussion at the Invest in…
Electricity: SERAP sues Buhari over tariff hike
Oluwanifemi Ojo The Socio-Economic Rights and Accountability Project has filed a lawsuit against the President, Major General Muhammadu Buhari(retd.), over “the failure to reverse the unlawful, unjust, and…
CBN takes new naira awareness to Calabar markets
The Central Bank of Nigeria has expanded its awareness-raising effort to key markets in the Calabar city in advance of the January 31, 2023 deadline for the usage of obsolete…
FG approves port workers’ salary increase
The Federal Government has approved salary increment for the staff members of the Nigerian Ports Authority. The Minister of Transportation, Mu’azu Sambo, said this over the weekend at the…
Nigeria may lose 34% GDP to climate disaster – Analyst
With a median GDP impact of -20% by 2050 and -64% by 2100 under present climate policy, a study has been published by Christian Aid highlighting that the eight…
We are not against Naira redesign – Govs
The 36 states governors of Nigeria has called on the Central Bank of Nigeria (CBN) to effect the changes in its naira redesign policy to address the differences in various…
Oil production drops by 83% – Report
Findings from the Organisation of the Petroleum Exporting Countries report macroeconomic has shown that Nigeria's export capacity dropped by 83 per cent between 2020 and 2021. According to the…
