To fight the sharp rise in food prices in the country, President Muhammadu Buhari has approved the release 30,000 tons of grains from the national reserve to animal feed producers.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has ordered its members in the Southwest region to sell petrol at N162 per litre
The Central Bank of Nigeria has directed all banks to pay at least 10% of its Monetary Policy Rate on savings deposits.
Akinwumi Adesina has been re-elected as the President of the African Development Bank.
Jeff Bezos, founder and CEO of Amazon, has become the first person ever to be worth more than $200 billion, according to Bloomberg Billionaires Index.
The Presidency has reacted to a report by the National Bureau of Statistics (NBS) which shows that Nigeria experienced a Gross Domestic Product decreased by -6.10% (year-on-year) in the 2nd Quarter...
COVID19: Nigeria GDP drops by -6.10% in 2nd quarter of 2020- the lowest in 3 years.
Facebook CEO and co-founder, Mark Zuckerberg is now worth a hundred billion dollars.
The Chinese Government has shut down the US consulate in Chengdu.
The House of Representatives has decided to investigate the Central Bank of Nigeria over COVID-19 loans.
Former President of Nigeria, Goodluck Jonathan says he has no problems with his successor and he is in a good relationship with the President.
Twitter accounts belonging to Bill Gates, Elon Musk, Barack Obama, among other notable Americans, were hacked yesterday, Wednesday, July 15th, 2020.
Dr Ngozi Okonjo - Iweala is set to appear before the World Trade Organisation (WTO) today in its screening exercise for the position of Director-General (DG).
The Nigerian Medical Association Lagos branch has called on the State Government to address the demands of the Lagos State employed doctors who are currently on a three-day warning strike.
Doctors in Lagos State have embarked on a three-day warning strike effective Monday, July 13, the Medical Guild in the state have said.
Vice President Osinbajo calls on IG Police Mohammed Adamu to investigate the allegations levelled against him claiming he received 4 billion naira from embattled EFCC boss Magu
Nigeria customs has intercepted a truck loaded with over N2.1 million worth of foreign rice concealed in sharp Sand.
Vice President Yemi Osinbajo's aide clears air on 4 billion received from embattled EFCC boss.
Federal Government announce increase in fuel price amid Coronavirus.
The Federal Airport Authority of Nigeria FAAN has appealed to citizens to please endure a little longer saying the airspace would soon be opened for commercial flight operations.
The Economic community of West African States (ECOWAS) has approved Nigeria's nominee, Dr Ngozi Okonjo - Iweala, for position of Director-General (DG) of the World Trade Organization (WTO).
Thousands of Malian citizens came together in Bamako, Mali's capital, to demand the resignation of President Ibrahim Boubacar Keita.
The U.S. Department of Justice and the Department of the Treasury’s Office of Foreign Assets Control has penalized six Nigerian cyber fraudsters for stealing over $6m from Americans.
The total layoffs in the United States caused by the coronavirus pandemic reached 44.2 million even as businesses try to reopen, according to analysts in the US.
Oke Aro farm, one of West Africa’s biggest pig farm, has been hit with the African swine fever.
The number of people living in abject poverty is expected to remain constant this year, and persist in 2021, due to the economic effects of the Coronavirus pandemic, according to the World Bank.
The World Trade Organisation (WTO) have received Nigeria’s candidate, Dr Ngozi Okonjo-Iweala, for the position of its Director-General (DG).
The Economic and Financial Crimes Commission has applied for the retrial of former Abia State Governor, Orji Uzor Kalu.
President Buhari has reappointed Prof Umar Garba Dantata as the Executive Vice-Chairman of the Nigerian Communications Commission (NCC).
The House of Representatives has approved President Muhammadu Buhari’s $22.7bn foreign loan request.
Journalists working for MSN would not get their contract renewed as Microsoft has opted to curate news using Artificial Intelligence.
More than 50 staff of the Olusegun Presidential Library (OOPL), Abeokuta, Ogun State have been dismissed as a result of the economic hardship caused by the COVID-19 pandemic.
The Ogun State Government has relaxed the lockdown restrictions in the State to curb the spread of the Coronavirus effective June 1.
Nigeria's former President Olusegun Obasanjo has warned that if African leaders do not rise and defend the African Development Bank, then this ongoing crisis might birth its end as "its governance ...
Akinwumi Adesina, President of the African Development Bank, has denied the allegations of corruption and nepotism against him as the United States insists on an independent probe.
The National Assembly will forfeit recess and reconvene to review the 2020 revised budget, said NASS Clerk.
Lagos State Government has reduced its 2020 budget by 21 per cent
The days ahead will not be easy due to the following underlining factors:
Despite Nigeria's wealth ofNigeria is a nation blessed with arable land, rich for production of many agricultural produces, yet importing what it should ordinarily be exporting. Before the discover...
The naira has seen a strong decline against the dollar in recent times and could still see more falloffs in coming times.
Most Nigerians cannot afford beyond necessities as they do not earn enough to push their spending and consumption especially with a big lack of disposable income.
Amid global concerns arising from the outbreak of Corona Virus COVID-19, as of early March, 2020, reports have indicated 111,284 confirmed cases and 3,892 deaths as a result, with the virus confirm...
