THISDAY

Lawmakers Lament as Nigeria’s Debt Reaches an All-time High of N42.84trn

The House also decried the decline in crude oil production due to theft and sabotage.

2 years ago

NBC: Regulator Warns Nigerian Broadcasters against Violence-Provoking Election Campaign

The commission promised to sanction any broadcaster, that circumvents the code of conduct, Electoral Act and other extant laws.

2 years ago

IMF Reiterates Need for Nigeria to End Petrol Subsidy

Nigeria is facing a severe revenue crisis as it continues to underperform in terms of crude oil production.

2 years ago

Labour Party Cries out as Police Teargas Supporters in Ebonyi; Governor Umahi Denies Disrupting Rally

They told the APC to "that no one has the monopoly of violence."

2 years ago

Nigeria Shouldn’t Depend on Imported Petrol, Labour Congress Tells APC

However, the ruling party asked the union to demand Obi's plan on subsidy.

2 years ago

Nigeria: Court Hears Government’s Bid to End Striking Lecturers’ Strike Monday

In a related development, President Muhammadu Buhari met with Pro-Chancellors of federal universities.

2 years ago

Nigeria’s Inflation Rate Surges to 20.52%, Highest in 17 Years

The CBN said Nigerians’ attitude to foreign goods impacting economy negatively.

2 years ago

Buhari Hails CBN, NDIC, NAICOM, Others on Financial System Stability

He further assured that his administration would continue to support the entire banking and finance industry.

2 years ago

The Economist: Nigeria Missing Out On Rare Global Oil Boom Opportunity

According to the news outlet, price controls remain the biggest reason the boom was ruining the public purse.

2 years ago

Nigeria Asks Court to Order Striking University Lecturers Back to Work

Parents and students worry that there might be no end in sight to the disagreement between government and ASUU.

2 years ago

Nigeria’s $15.7bn 2022 Fuel Subsidy Projection to Exceed All 36 States’ Budget

Oil theft of 400,000 bpd translates to $1.2bn every month, the combined budget of Osun, Ekiti and Kwara.

2 years ago

PDP Will Settle Differences Internally, Atiku Says

Enlivened by the favourable atmosphere at the meeting, party chairman Iyorchia Ayu boasted that PDP remains united.

2 years ago

Nigeria’s Oil Industry Headwinds Worsen, Production Drops to Record Low of 972,394 bpd

It's a new nadir in the recent downward spiral in capacity to drill enough oil to boost foreign exchange.

2 years ago

Poland President Duda Woos Nigerian Investors in Historic Visit

The Polish president, while identifying global food crisis as one of the major fallouts of the Russian invasion of Ukraine,…

2 years ago

Nigeria May End Up with IMF ‘Unwillingly’ If It Fails to Address Fiscal Challenges, Says Budget Office Boss

Akabueze advised that gains from the removal of petroleum subsidies should be redirected to investment in the oil sector.

2 years ago

Renewed Fight against Crude Oil Theft Has Denied Criminals N30bn Stolen Products, Nigerian Navy Says

Also, over 100 suspects have been arrested and handed over to the prosecutory agencies.

2 years ago

Tinubu’s Presence at Kukah’s Birthday Won’t Change Opposition to Same Faith Ticket, CAN Says

it insisted it was wrong to interpret Tinubu's presence at Kukah’s 70th birthday anniversary as a sign of recompense and…

2 years ago

You Have Till December to Crush All Terrorists, Buhari Orders Armed Forces

Magashi said the Abuja-Kaduna Expressway had been secured through a combined effort of the armed forces, the police, and other…

2 years ago