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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges

  • 23rd August 2026

FG’s IT infrastructure investment hits N3.8tn

  • 23rd August 2026

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  • 22nd August 2026

US tariffs on Canada take effect as deal

  • 22nd August 2026

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US judge strikes down visa suspension affecting Nigeria, 74

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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges youths

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FG’s IT infrastructure investment hits N3.8tn

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has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
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NCC initiates 6GHz spectrum to boost internet speed

The Nigerian Communications Commission has initiated efforts to utilize the 6GHz spectrum to enhance internet speed in Nigeria. This disclosure was made by the Executive Vice Chairman of NCC, Dr. Aminu Maida at a Stakeholders’ Consultative Forum on Emerging Technologies in Lagos on Thursday, according to Nairametrics. The 6GHz spectrum offers advantages such as faster […]

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Coca-Cola plans $1bn investment in Nigeria over five years 

Coca-Cola Hellenic Bottling Company plans to invest $1 billion in Nigeria over the next five years to expand its operations. This investment aims to enhance production capabilities and distribution networks, reflecting the company’s commitment to growth in the Nigerian market and its potential for increased demand. This disclosure was made by the Chief Executive Officer […]

90% of Nigeria's tax revenue comes from nine sources – Wale Edun
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Nigeria’s foreign reserves record $2.35bn monthly net inflow – Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Nigeria is currently recording a net inflow of approximately $2.35 billion into the apex bank’s foreign reserves. This development indicates a positive trend in the country’s foreign exchange position. Edun disclosed this in a statement while speaking at the Access […]

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FG to raise N150bn from bond market in Sept 2024

The Federal Government, via the Debt Management Office is set to raise N150 billion from the bond market in September 2024. This issuance is part of a broader borrowing strategy aimed at bridging the budget deficit. The auction, scheduled for September 23, 2024, is offering one of the smallest in 2024, representing a 21% decrease […]

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Over $500m investment attracted via PPP projects – Infrastructure commission

The Federal Government of Nigeria has reported attracting more than $500 million through Public-Private-Partnership projects over the past year, as announced by the Infrastructure Concession Regulatory Commission. The ICRC also revealed plans to conduct a comprehensive performance audit of all existing PPP projects, according to Nairametrics. This audit will focus on ensuring compliance with statutory […]

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TCN repairs vandalized transmission towers in Bayelsa

The Transmission Company of Nigeria has successfully repaired and erected 13 of the 16 transmission towers that were vandalized along the Ahoada-Yenagoa 132kV transmission line. This restoration effort marks a significant step toward enhancing the reliability of electricity transmission in the region and demonstrates TCN’s commitment to addressing infrastructure challenges caused by vandalism. This was […]

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Fuel price hike driven by high taxes – OPEC

The Secretary General of the Organisation of Petroleum Exporting Countries, Haitham Al Ghais, has stated that taxes imposed by major oil-consuming nations are the main contributors to rising fuel costs, rather than the price of crude oil itself. Al Ghais explained that consumer prices at the pump are influenced by several factors, including crude oil […]

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Major marketers start petrol lifting from Dangote refinery

The Nigerian National Petroleum Company Limited has granted major petroleum marketers permission to begin lifting premium motor spirit, commonly known as petrol, from Dangote Petroleum Refinery. This move is in line with the existing agreement between NNPCL and the refinery. Under the initial agreement, NNPCL was designated as the sole distributor of the refinery’s petrol. […]

Labour advocates annual minimum wage adjustment to reflect inflation
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NLC blames policy inconsistencies for NNPC, Dangote dispute

The President of the Nigeria Labour Congress, Joe Ajearo has attributed the ongoing conflict between the Nigeria National Petroleum Company Limited and the Dangote Petroleum Refinery to alleged government policy inconsistencies and fraudulent activities by certain parties. Speaking to journalists at Murtala Muhammed Airport Terminal II in Lagos on Wednesday, Ajearo criticized the situation as […]

FG deducts N256.5bn for gas projects in six months
Oil and Gas

FG mandates private employers adheres to N70,000 minimum wage

The Federal Government has mandated that agencies recruiting for the private sector adhere to the N70,000 minimum wage, warning that any deviations will not be tolerated. Emphasizing the necessity of the new minimum wage to reflect current economic realities, the government stated that no Nigerian worker, whether in public or private employment, should earn less […]

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Pension assets jumps to N20.79tn in July – PenCom

The Acting Director-General of the National Pension Commission, Omolola Oloworaran, has announced that pension fund assets under the Contributory Pension Scheme have increased to N20.79 trillion as of July 2024. Oloworaran shared this update during the Quarterly Consultative Forum for state and Federal Capital Territory pension bureaus, boards, and commissions held in Lagos on Wednesday. […]

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