Nigeria’s inflation rises to 12.34% in April

Nigeria’s inflation maintained a steady increase in April 2020, hitting 12.34 per cent rate, year-on-year.

The new data contained in the consumer price index, CPI, report by the National Bureau of statistics, NBS, for the month of April, represents 0.08 per cent points higher than the 12. [...]

Mon, 25 May 2020

Sale tasks Abdulaziz-led TCN management on improved power

Newly-appointed Acting Managing Director of Transmission Company of Nigeria, TCN, Sule Abdulaziz, and his management team have been charged to ensure improved power transmission in the country.

Minister of Power, Sale Mamman, who gave the charge in Abuja during a virtual meeting with the new [...]

Sat, 23 May 2020

Oil free zones: court hears suit against OGFZA on June 1


A Federal High Court in Lagos has fixed June 1, 2020 for definite hearing on a suit seeking judicial intervention against alleged attempt by Oil and Gas Free Zones Authority, OGFZA, to regulate the oil and gas operations within the Snake Island Integrated Free Zone, SIIFZ.

Mon, 18 May 2020

FCTA offers NNPC land for modern health facility




The Federal Capital Territory Administration, FCTA, has offered land to the Nigerian National Petroleum Corporation NNPC-led oil and gas industry partners for the construction of a modern health facility.


Fri, 15 May 2020

Illegal mining: FG vows to prosecute culprits

As activities of illegal miners continue to rob Nigeria of its natural resources, the federal government has vowed to prosecute foreign illegal miners recently arrested in Zamfara and Osun States.


Minister of Mines and Steel Development, Mr Olamilekan Adegbite, who dropped the hin [...]

Sun, 10 May 2020

COVID-19 donations to be spent through supplementary budget

Over N25.8 billion so far donated by the private sector Coalition Against COVID-19 would be factored into the country’s 2020 supplementary budget before utilisation.

The move follows effort by the government to ensure transparency and a request by the National Assembly that all COVID-19 d [...]

Sun, 10 May 2020

FG to resume agric export certification

The federal government Friday directed the Nigeria Agricultural Quarantine Service, NAQS, to fully resume its export certification duties at all ports immediately, so as to cushion the negative impacts of the COVID-19 pandemic on Nigeria’s agricultural sector.

This was disclosed in a stat [...]

Sun, 10 May 2020

Nigeria to further cut oil benchmark for 2020 budget

Nigeria’s Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, says the country will further cut its crude oil benchmark for the 2020 budget to $20 per barrel as crude oil prices continue to dwindle at the international market.

The revelation came barely two weeks after [...]

Sun, 10 May 2020


Latest posts

PhotoShort story: Why the bat flies by night








< [...]

25 January 2021

PhotoExistential threats: Buhari, act now!

It is no longer news that Nigeria tethers on a dangerous precipice if not urgently arrested could see the country witnessing another civil war bare [...]

25 January 2021