Afrinvest Predicts 27.9% Inflation Rate for October 2023 Due to FX Depreciation
Afrinvest West Africa analysts are anticipating a further uptick in Nigeria's headline inflation rate, forecasting a rise to 27.9% for...
nigeria
NLNG Calls on Federal Government to Address Forex and VAT Issues Impacting Cooking Gas Prices
The Nigeria Liquified Natural Gas (NLNG) Ltd. has attributed the increasing cost of cooking gas in Nigeria to the shortage...
ECWA Appeals to Tinubu: Make Federal Tertiary Institutions Tuition-Free Amid Fuel Subsidy Removal
The Evangelical Church Winning All (ECWA) has put forth a comprehensive appeal to President Bola Tinubu, urging him to implement...
Lawmaker Raises Alarm Over Pirate Attacks on Fishermen in Akwa Ibom, Seeks Urgent Intervention
The House of Representatives has issued a directive to the Chief of Naval Staff and relevant security agencies to take...
Saudi Arabia and Nigeria Sign MOU on Energy Cooperation at Economic Conference
Saudi Arabia has entered into a Memorandum of Understanding (MoU) with Nigeria to enhance cooperation in the energy sector. The...
Nigeria Plans to Leverage NLNG Dividends to Bolster Naira’s Value
The Nigerian government, led by President Bola Ahmed Tinubu, is considering using dividends earned from the Nigeria Liquefied Natural Gas...
NUPENG Trustee Highlights Reasons for Persistent Fuel Scarcity in Nigeria
Fuel scarcity in Nigeria may persist due to several factors including non-functional refineries, instability in the naira-to-dollar exchange rate, overreliance...
Former CBN Governor Godwin Emefiele Granted Bail After 151 Days in Custody
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, who had been in custody for 151 days, has...
Bishop Kukah Criticizes Ministerial Selection Process in Nigeria
Catholic Bishop of Sokoto Diocese, Rev. Father Matthew Kukah, has criticised the process by which Nigerian Presidents rely on nominations...
FG Shifts Focus to Address Distribution Challenges for Better Power Supply
The Nigerian government is shifting its priorities in the energy sector to address the distribution segment of the Nigerian Electricity...
