At a recent stakeholders’ forum organized by the Minister of Aviation and Aerospace Development, Festus Keyamo, in Lagos, foreign airlines have revealed that approximately 90 percent of their $783 million trapped funds in Nigeria have yet to be disbursed. According … Continue reading Foreign airlines struggle as over $700m remains trapped in Nigeria
The Federal Government has disclosed that over a period of five years, more than N4.3 trillion worth of crude oil was stolen in 7,143 pipeline vandalism cases. This revelation came during the Nigeria International Pipeline Technology and Security Conference in … Continue reading Nigeria suffers N4.3 trillion loss due to oil theft over five years – FG
The ongoing instability of the Naira in relation to the US dollar has been causing waves of uncertainty in Nigeria’s economy, leading to concerns among investors. Last week, there was a temporary relief as the country’s currency gained strength against … Continue reading Nigeria’s economy and investor confidence affected by naira fluctuations and exchange rate challenges
Suspected gunmen reportedly ambushed and killed four members of the Nigeria Security and Civil Defence Corps (NSCDC) near Snake Creek in Buguma, Asari Toru Local Government Area of Rivers State. The tragic incident occurred on the waterway in the early … Continue reading Gunmen reportedly kill four NSCDC operatives in Rivers state
A recent report titled “Climate Change and Socio-Economic Development in Nigeria” has disclosed that climate change is exacting a heavy toll on Nigeria, with an estimated annual cost of approximately $100 billion. The report highlights the various ways in which … Continue reading Nigeria faces $100 billion annual loss due to climate change
Lt. General Tukur Buratai, the former Chief of Army Staff (COAS), has attributed the security challenges in Nigeria to issues within the political class and has emphasized that addressing them requires a strong political will. Buratai made these statements during … Continue reading Buratai blames political class for insecurity in Nigeria
The House of Representatives has received commendation from stakeholders in the construction industry for its proposal to establish the Nigerian Institute of Facilities Management. This legislative initiative is geared towards promoting responsible care, maintenance, and management of building facilities in … Continue reading Bill to establish Nigerian institute of facilities management approved
Pere Egbi, a former participant in the Big Brother Naija reality show, has revealed his plans to relocate from Nigeria. The American military trainee shared that he is set to move to the West African nation of Ghana. This announcement … Continue reading BBNaija’s Pere announces relocation to Ghana
The United States government has issued a warning to its citizens residing in Nigeria, advising them to steer clear of major hotels in the country, particularly in the larger cities. This caution comes in response to the perception of heightened … Continue reading US issues warning to its citizens to avoid major hotels in Nigeria
France has announced its intention to return $150 million of the General Sani Abacha loot to Nigeria. This move follows years of efforts by the Nigerian government to repatriate assets linked to the late military leader, General Sani Abacha. Catherine … Continue reading France announces return of $150m Abacha loot to Nigeria
The Chief of Defence Staff, General Christopher Musa, sought to allay concerns about the possibility of a military coup in Nigeria during his recent official visit to the 6 Division of the Nigerian Army Headquarters in Port Harcourt, Rivers State. … Continue reading Nigeria’s defence chief addresses concerns of military coup
Bolaji Balogun, CEO of Chapel Hill Denham and an economic expert, has expressed a contrary viewpoint to Nigeria’s official Gross Domestic Product (GDP) estimates, suggesting that the country’s GDP might be valued at approximately $600 to $650 billion. While Nigeria’s … Continue reading Economic expert suggests Nigeria’s GDP could be valued at $600b
Nigeria’s Vice President, Kashim Shettima, has reached out to the United States government for support in addressing pressing challenges in the country’s agricultural sector. During a meeting with Cary Fowler, the U.S. Special Envoy for Global Food Security, Vice President … Continue reading Nigeria seeks partnership with U.S. to enhance food security
The 2023 presidential candidate of the Labour Party, Peter Obi, has pinpointed poor planning and bad leadership as the principal causes of Nigeria’s current challenges. Speaking at a colloquium and Hall of Fame event honoring the National Chairman of the … Continue reading Peter Obi attributes Nigeria’s challenges to inadequate planning and leadership
Chevron Brands International LLC and Tethys Ltd have joined forces in a Branded Business Development Agreement, enabling the local production, distribution, and marketing of Texaco®-branded lubricants in Nigeria. This partnership will provide Nigerian motorists with access to a wide range … Continue reading Chevron and Tethys collaborate to produce local lubricants in Nigeria
Oluwadare Faduri, a presidential aspirant from the Labour Party for the 2023 election, expressed his concerns on Monday about the deteriorating living conditions of many Nigerians due to certain policies of the Federal Government. Faduri pointed out that the situation … Continue reading Ex-LP aspirant accuses Tinubu of worsening conditions in Nigeria
Optimism is running high among key players in Nigeria’s coffee industry, with expectations that the sector holds the potential to generate $2 billion in revenue over the next two to three years. This positive outlook is driven by the increasing … Continue reading Nigeria’s coffee industry sets sights on $2 billion in revenue
The Nigerian Senate has deferred deliberation on a motion proposing the reopening of the borders between Nigeria and Niger. Following the ousting of Niger’s civilian government, the Nigerian government closed all borders with Niger and halted power supply to the … Continue reading Senate withdraws motion to reopen Nigeria-Niger border
In a recent interview with the CTRL Room, popular rapper Odumodublvck, born Tochukwu Ojogwu, shared his perspective on the state of hip-hop in Nigeria and how he chose to navigate the music industry. The “Declan Rice” crooner expressed his belief … Continue reading Nigerians have no regard for hip-hop – Odumodu
A Nigerian couple, Deacon and Mrs. Aniefiok Friday, have celebrated the arrival of their long-awaited child, a baby girl named Utibe-Abasi (Miracle) Marvelous. The joyous news was shared by a family member, Faith Isangedihi, in a Facebook post on October … Continue reading Nigerian couple welcomes baby after 18 years
Representatives from the London Academy Business School and the University of Sunderland have initiated discussions with the National Universities Commission (NUC) in Nigeria regarding the establishment of degree programs in the country. A delegation from the University of Sunderland, led … Continue reading UK universities seek NUC approval for operations in Nigeria
Several filling stations in parts of Abuja did not dispense Premium Motor Spirit (PMS), commonly known as petrol, on Monday, leading to concerns of a potential fuel scarcity in Nigeria’s capital. In areas like Kubwa and Bwari in the Federal … Continue reading Israeli-Palestinian conflict sparks fresh fears of fuel price hike in Nigeria
Hajia Imaan Sulaiman-Ibrahim, the Minister of State for Police Affairs, has reached out to the European Union (EU) for technical support to enhance the Nigeria Police Force (NPF) and align it with global standards and best practices. This request was … Continue reading Minister seeks EU technical support to enhance Nigeria police
The upcoming Africa Cup of Nations (AFCON) draw, scheduled to take place in Ivory Coast on Thursday, has the potential to group together powerhouse teams like Nigeria, South Africa, and Morocco, creating what could be termed a “group of death.” … Continue reading Potential AFCON Grouping: Nigeria and South Africa could face Morocco
The Nigerian Building and Road Research Institute (NBRRI) has reaffirmed its commitment to conducting in-depth research aimed at identifying the root causes of road and building collapses, regardless of whether they involve private or public infrastructure. Led by Engr Celestine … Continue reading NBRRI takes action to address ongoing building collapses in Nigeria
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