Nigeria’s Imports Trapped Overseas Over Container Scarcity
The global container shortage is beginning to take its toll on imports into Nigeria as a large volume of imports...
Aliko Dangote Says Sugar Master Plan Can Save $700m Yearly
The Chairman of the Dangote Sugar Refinery Plc, Aliko Dangote, has stated that the National Sugar Master Plan would could...
Nigeria Electricity Tariff To Increase From January 2022
With plans to end the electricity subsidy from next year, Nigerians would have to pay more for the commodity under...
Central Bank of Nigeria; Forex Scams and Economy
THE continued downward spiral of the naira at the weekend, when it exchanged at N570 to one United States dollar,...
Nigeria Senate Indicts 39 MDAs Over N2.2bn Payment Advances
The Senate has indicted the Budget Office, the ministries of information, interior and 36 other federal agencies for allegedly failing...
Nigeria President Approves Incorporation Of NNPC, And Appoints New Board Members
The President, Major General Muhammadu Buhari (retd.), has directed that the Nigerian National Petroleum CompanyLimited be incorporated. He also approved...
Ivory Coast and Ghana leaders to press Guinea’s sanctions-hit junta
A delegation of West African leaders arrived in Guinea on Friday, a day after the regional bloc sanctioned the new...
‘Nigeria dependent on cooking gas imports from U.S, Algeria, Equatorial Guinea’
Despite huge gas resources, currently hovering around 206 trillion standard cubic feet, smaller African countries like Algeria and Equatorial Guinea...
Nigeria To Acquire New Satellites
Nigeria is expected to acquire new satellites in another four years for maximum coverage of the country. This is even...
Central Bank of Nigeria Set To Establish Nigerian International Financial Centre
Nigeria is to establish the Nigerian International Financial Centre (NIFC) modelled after New York, London and Singapore financial powerhouses, as...