Nigeria’s pursuit of an expansive gas infrastructure to address its gas needs demands an annual investment of $20 billion, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). Dr. Orji Ogbonnaya Orji, NEITI’s Executive Secretary, made this assertion during a … Continue reading NEITI: Nigeria needs $20 billion annually for gas expansion projects
The Lagos State Government has declared its intention to enforce penalties on traditional medical practitioners operating within the state if they do not register their facilities with the Lagos State Traditional Medicine Board (LSTMB). The Registrar of LSTMB, Babatunde Adele, … Continue reading Lagos govt. warns traditional medical practitioners to stay registered or face sanctions
The closure of borders in the northern region due to the Niger coup has led to a weekly revenue loss of N13 billion for northern traders, as reported by Ibrahim Dandakata, the Arewa Economic Forum’s chairman. Livestock trading contribute greatly … Continue reading Northern traders lose N13 billion weekly due to Niger border closure
President Bola Tinubu’s administration is projected to allocate around N187.32 billion this year to clear debts owed to local contractors, based on information uncovered reporter. These debts are documented as promissory notes within a report titled ‘Schedule of promissory notes … Continue reading FG plans to clear N187.32bn contractor debt by November 2023
Nigeria’s oil production took a hit in July, dropping to 1.29 million barrels per day (bpd), as revealed by data from the Nigerian Upstream Petroleum Regulatory Commission. This decline of 12.56 percent from June’s 1.48 million bpd and 1.52 percent … Continue reading Nigeria’s oil production dips to 1.29mbpd as global prices rise
The Nigerian Communications Commission (NCC) has revealed that the expenditure on telecom services surged to N3.86tn in 2022, driven by increased video streaming and talk time. This marked an 18.74% rise from the previous year’s N3.25tn spending, indicating a continued … Continue reading Rising video streaming and calls drive telecom expenditure to N3.86tn – NCC
The British Council has announced that starting from September 2023, Nigerians will be required to pay N107,500 for academic International English Language Testing System (IELTS) examinations. Originally, the United Kingdom mandates citizens of countries seeking work or study opportunities in … Continue reading Nigerians to pay N107,500 IELTS exam fee starting September 2023
In 2022, Nigerian artists achieved a remarkable revenue milestone of over N11 billion on the Spotify music streaming platform. According to a statement released by the company, the Nigerian music industry experienced a substantial 63% growth in revenue from 2021 … Continue reading Nigerian musicians generate N11bn revenue on Spotify in 2022
Simisola Kosoko, popularly known as Simi, has expressed her distress over the severe economic challenges prevailing in Nigeria. The renowned Duduke singer revealed that the state of affairs in the country weighs heavily on her heart each day. She questioned … Continue reading Nigeria breaks my heart everyday – Simi
Governor Seyi Makinde of Oyo State has declared Professor Olanrewaju Olaniyan as the new Vice Chancellor of Emmanuel Alayande University of Education, Oyo. The announcement was made during a session where reports from the Chairpersons of the Ladoke Akintola University … Continue reading Seyi Makinde names new VC for Emmanuel Alayande university of education
A recent first-quarter report by the Nigerian Electricity Regulatory Commission (NERC) has revealed that Niger owes Nigeria N4.22bn ($5.48m) for power supply. The report highlighted that the Nigerien state power company, Nigerien Electricity Society, has not remitted the $5.48m invoice … Continue reading Niger’s power debt to Nigeria amounts to N4 billion – NERC
Debo Adebayo, widely recognized as Mr Macaroni, a renowned social activist and creator of comedic skits, has strongly criticized the opulent way of life exhibited by the leadership of the National Assembly, especially in the face of severe difficulties experienced … Continue reading Mr Macaroni criticizes senate members sending themselves money for holidays amidst suffering in Nigeria
The most recent data from the World of Statistics reveals that Nigeria has taken the unenviable position of having the highest unemployment rate among countries. Nigeria’s rate stands at 33.3%, leading the chart, closely followed by another African nation, South … Continue reading Nigeria takes first position in global unemployment rating
Don Jazzy, music producer and executive, shared his early life memories in Ajegunle, where he grew up as the son of an Akara (bean cake) seller. During his appearance on the Zero Conditions podcast, he discussed how his impoverished upbringing … Continue reading I used to sell akara with my mum on the streets – Don Jazzy
The housing market in Nigeria has experienced a notable increase of approximately 40% in leasing and sales costs during the first half of 2023. Despite inflation, rising interest rates, and reduced new investments, the cost of leasing or purchasing residential … Continue reading Housing market in Nigeria sees 40% surge in costs amid economic challenges
The trade relationship between Nigeria and Niger, which amounts to approximately $226.34 million, is in jeopardy due to the recent closure of their shared border. The closure was triggered by Nigeria in response to the military coup that ousted President … Continue reading $226 million Nigeria-Niger trade under threat due to border closure
Entrepreneur and investment banker, Atedo Peterside, has expressed concern over the recent closure of Niger Republic’s airspace, suggesting that this move could lead to elevated flight expenses for travel between Nigeria and Europe. The decision to shut down the airspace … Continue reading Niger Republic airspace closure will raise flight costs from Nigeria to Europe – Atedo Peterside
Despite the Nigerian Senate’s rejection of President Bola Tinubu’s proposal to deploy Nigerian troops in Niger Republic to restore democratic rule, the looming prospect of military intervention raises concerns about its heavy toll on Nigeria’s resources. Based on the global … Continue reading Potential Niger invasion could double annual defense spending, costing Nigeria over N2.98 trillion
Bashir, the son of former Kaduna State Governor Nasir El-Rufai, has made a statement claiming that the Nigerian military has the capability to capture Niger Republic’s capital, Niamey, within 13 hours. The claim was based on a video shared on … Continue reading El-Rufai’s son claims Nigerian military can capture Niger in 13 hours
The Department of State Services (DSS) has summoned and questioned Tokunbo Talabi, the Secretary to Ogun State Government, in connection with recent fraud allegations against him. The interrogation occurred at the DSS Ogun State Command Headquarters in Abeokuta on Friday … Continue reading DSS interrogates Ogun SSG regarding ballot paper printing and COVID-19 fund
During a press conference in Abeokuta as part of the 60th-anniversary celebration of the Nigeria Immigration Service (NIS), Bosede Olayemisi, the Comptroller of NIS in Ogun State, attributed the scarcity of passport booklets to the lack of adequate funding. While … Continue reading Scarcity of booklets and other challenges caused by insufficient funding – NIS Ogun chapter
Niger’s military junta has cut off diplomatic ties with Nigeria, France, Togo, and the United States, according to a national broadcast by Colonel Major Amadou Abdramane, spokesperson for coup leader General Abdourahmane Tchiani. The move comes amidst ongoing tensions following … Continue reading Niger republic severs ties with Nigeria, USA, and France
The National Directorate of Employment (NDE) has recruited over 50 youths in Gombe State for the Rural Employment Promotion Department’s Post-Sustainable Agricultural Development Training Scheme. The goal of this initiative is to enhance food security in the region. During a … Continue reading NDE employs 50 Gombe youths to enhance food security
Comptroller of Immigration Service in Cross River State, Emmanuel Akinrinsola, revealed that his team has successfully thwarted multiple attempts by the Ambazonia Boys in southwest Cameroon to transport weapons into or through Nigeria. He made this disclosure during the 60th-anniversary … Continue reading NIS counterfeit Cameroonian insurgents’ attempts to transport firearms in and out of Nigeria
West African petrol imports experienced a significant decline of 56% in the second quarter, based on data from Refinitiv Eikon. Loadings from the Amsterdam-Rotterdam-Antwerp hub to West Africa dropped to 629,000 tonnes in June from 895,000 tonnes in the previous … Continue reading West Africa petrol imports declined by 30% in Q2 – Reports
AGS NEWS 