CEO, Financial Derivatives Company Limited, Bismarck Rewane in an interview on Global Business Report says that ICT is directly responsible for 11% of the country’s GDP but is indirectly
On Monday, Deputy Commissioner of Police, Abba Kyari, was found out and subsequently arrested illicit drug trafficking and attempting to bribe an NDLEA officer. Kyari already faces indictment for his
The European Union (EU) Commission on Tuesday said it would continue to partner Nigeria on business opportunities, investments and other development initiatives. The Executive Vice President of the European Union
The Nigerian National Petroleum Company Ltd (NNPC) has withdrawn all the methanol blended petrol which was imported into the country about three weeks ago. The NNPC also stated that cargoes
Few hours after he was declared wanted by the National Drug Law Enforcement Agency, NDLEA over his involvement in a cocaine deal, suspended DCP Abba Kyari have been handed by
The Academic Staff Union of Universities (ASUU) would on Monday decide whether to proceed on another indefinite strike or to suspend the industrial action. But the Director General of Michael
Nigeria’s federal government is ramping up the disbursement of the N140 billion solar intervention fund, a facility by the Central Bank of Nigeria (CBN) to close the huge energy gap,
The International Monetary Fund (IMF) has said Nigeria’s debt sustainability is at risk and causes a great deal of concern and unease in the long-term. IMF reiterated the need for
Nigeria’s Academic Staff Union of Universities (ASUU) has once more expressed disappointment over the refusal of the federal government to honour the agreements it freely entered into with the union
The Nigerian government is locked in a court battle with Britain’s National Crime Agency (NCA) over control of €180 million (£150 million) that was stashed abroad by Nigeria’s former Head
Nigeria’s President Muhammadu Buhari was said to have on Tuesday expressed anger over the contaminated petrol in circulation across the country, a development that has disrupted the nation’s fuel supply
The United Nations Children’s Fund (UNICEF) has decried that female genital mutilation (FGM) is on the rise in Nigeria and that the country is ranked third globally. A press release
As Nigeria’s political parties prepare to do battle in the 2023 elections, there are growing concerns over the quality of aspirants that have indicated interest in competing for the Presidency
A new report by the Nigerian Economic Summit Group (NESG) has disclosed that the federal government spent a total of N3.64 trillion on fuel subsidies between 2015 and 2021. The
The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has expressed optimism that with the various initiatives being implemented by the company in the
Nigeria’s Federal Executive Council (FEC) has approved contracts worth $328.87 million in consultancy services for the supervision of the various railway projects in the country. FEC also approved N115.4 billion
Unmoved by loud agitation for a presidential candidate from the southern part of Nigeria, the leadership of the Peoples Democratic Party (PDP), on Wednesday, said unequivocally that its presidential ticket
Former Governor of Imo State, Senator Rochas Okorocha, has never hidden his desire to rule Nigeria as president. His first attempt at the presidency was in 2003 after he decamped
The Chairman THISDAY/ARISE Media Group, Nduka Obaigbena, on Monday in Abuja inaugurated the reconstituted editorial board of THISDAY newspaper. In attendance were THISDAY Managing Director, Mr Eniola Bello, editorial board
The United Kingdom (UK) and Nigeria on Monday commenced the first meeting of the Nigeria-UK Security and Defence Partnership Dialogue in London. According to a statement on Monday, talks led
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