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     * Finance
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— Main Menu —Home About Us - National Anthem - Fanpage - Contact Us - History -
- Colonial era - - Early History of Nigeria - - Military era - -
Nigerian-Biafran War - - Post-independence - - Return to democracy General -
Media representation - What the papers say - Documentary News - Culture - -
Cuisine - - Literature - - Music and film - Demographics - - Ethno-linguistic
groups - - Language - - Religion - Economy - - Business - - Finance - - Key
sectors - - Real Estate - Geography - - Environmental issues - Government and
politics - - Foreign relations - - Law - - Military Science and technology
Societal issues - Crime - Education - Health issues - Human rights - Incidents -
Strife and sectarian violence Sports Subdivisions - Population of major cities
Video Page





AT LEAST A DOZEN CIVILIANS KILLED IN WEST NIGER ATTACK



At least 18 civilians have been killed after their vehicle came under attack in
a part of western Niger frequently targeted by rebel fighters, the government
has said. In a statement on Tuesday, interior minister Alkassoum Indatou
attributed Sunday’s attack [...]

February 24, 2022 Crime


PDP CHIEFTAINS INSIST ON VICTORY IN ENUGU COUNCIL POLLS



Chieftains of the Enugu State chapter of the Peoples Democratic Party (PDP) have
declared that the party will record an empathic victory in today’s council
election. Speaking at the grand finale of the party’s campaign for the elections
at Aji, [...]

February 24, 2022 Government and politics



NIGERIANS TACKLE FG OVER IMPORTATION OF SUBSTANDARD FUEL



Nigerians have blamed the federal government for the scarcity and the
importation of dirty fuel into the country, raising concerns about the health
and economic implications of this on citizens. Many participants, who spoke at
the weekly episode of the [...]

February 24, 2022 Oil & Gas


BUHARI GOVERNMENT APPROVES OVER N2BILLION FOR PURCHASE OF COWS



The President Muhammadu Buhari’s administration has approved over N2billion for
the purchase of cattle to boost animal production in Taraba State. This was made
known by the Minister of Humanitarian Affairs, Disaster Management and Social
Development, Sadiya Farouq, while addressing [...]

February 24, 2022 Agriculture



MUIZ BANIRE: APC WILL IMPLODE DUE TO WEAK FOUNDATION



Former National Legal Adviser of the All Progressives Congress (APC), Dr. Muiz
Banire, has declared that the party will soon implode. Speaking in an interview
on Lagos-based Radionow, Banire said the APC is known for violation of rule of
law, [...]

February 24, 2022 Government and politics


IMF SAYS SOMALIA FUNDING AT RISK OVER ELECTION DELAYS



The International Monetary Fund (IMF) could stop its programme in Somalia in
three months if long-postponed national elections encounter new delays, a senior
official has told the AFP. The IMF’s programme in Somalia is due for a review in
mid-May, but election [...]

February 23, 2022 Africa



SHORTAGE OF TRACTORS THREATENS FOOD SECURITY



Shortage of tractors and critical implements for farm mechanisation has hit the
country as land preparation for the 2022 dry and wet season cultivation begins
across agro-ecological zones. Secretary, Agricultural Equipment Hiring Operators
Association, Biodun Olugbami, said statistics vary. But [...]

February 23, 2022 Agriculture


NAIRA EXTENDS GAIN AT OFFICIAL MARKET



Naira clinched a meagre gain against the U.S. dollar at the official market on
Tuesday, extending its appreciation at the spot market segment to a second day.
The local unit closed at N416.00 on the dot per $1 on Tuesday, [...]

February 23, 2022 Business, Finance



OVER 120 SECURITY PERSONNEL DEPLOYED IN FORESTS TO HUNT CRIMINALS IN EDO



Edo State Governor, Godwin Obaseki, on Tuesday, said over 120 security personnel
have been deployed to forests in the state, particularly the Ovia Forest to
dislodge criminals from the area. Obaseki disclosed this after presiding over
the February Security Council [...]

February 23, 2022 Government and politics


FIFA MAKES CHANGES TO GHANA VS NIGERIA WORLD CUP QUALIFIERS



The Black Stars are set to face the Super Eagles on new dates in their bid to
secure a place at the showpiece event. World football governing body Fifa has
changed the dates for next month’s 2022 World Cup qualifying [...]

February 23, 2022 Sports



MALI PARLIAMENT APPROVES FIVE-YEAR DEMOCRATIC TRANSITION PLAN



Mali’s lawmakers on Monday approved a plan allowing the military government to
rule for up to five years, AFP journalists said, despite regional sanctions
imposed on the country over delayed elections. The army-dominated legislature
also decided that the country’s interim [...]

February 22, 2022 Africa, Government and politics, Law


TELECOMS SECTOR RECORDS $2.16B YEARLY FOREIGN EXCHANGE OUTFLOW



The Ministry of Communication and Digital Economy has revealed that Nigeria
recorded a yearly outflow of foreign exchange for the telecommunications sector
amounting to about $2.16 billion. Following the development, the Federal
Government has given the Nigerian Communications Commission (NCC) [...]

February 22, 2022 Telecomms



APC MAKES U-TURN, FIXES NATIONAL CONVENTION FOR MARCH 26



The Caretaker and Extra-ordinary Convention Planning Committee (CECPC) of the
All Progressives Congress (APC) has approved March 26 for the National
Convention of the party. John Akpankudohede, the national secretary of the
CECPC, said this when he spoke with journalists [...]

February 22, 2022 Government and politics


NIGERIAN STUDENTS APPLYING TO STUDY IN UK INCREASE BY 47%



The number of students who applied to universities in the United Kingdom has
increased by 47%, a report from the Universities and Colleges Admissions Service
stated. Nigeria recorded the most substantial proportional increase in 2021. It
is also the largest [...]

February 22, 2022 Education



EXPLOSION ROCKS GALADIMA KOGO IN NIGER STATE



Explosives believed to be Bombs planted by marauding terrorists have been
exploded this morning at Galadima Kogo. This follows last night raid where the
rampaging, hydraheaded venomous, murderous and heartless terrorists carryout
arson on the town. Report emanating from the [...]

February 22, 2022 Crime


ATTACK ON ETHIOPIA REFUGEE CAMP KILLS FIVE: UN



Fighting in northern Ethiopia’s Afar region “engulfed” a camp housing refugees
from neighbouring Eritrea, the United Nations has said, killing five people and
forcing thousands to flee. The attack earlier this month is the latest blow to
the more than [...]

February 19, 2022 Africa



REAL SECTOR FALTERS AS GDP GROWS BY 3.4 PER CENT



The country’s Gross Domestic Product (GDP), released by the National Bureau of
Statistics (NBS), yesterday, showed annualised real growth of 3.4 per cent, the
highest in the life of the administration of President Muhammadu Buhari. It was
also the second [...]

February 19, 2022 Economy


17 DEAD AS PETROL TANKER EXPLODES IN OGUN



A tanker belonging to Olam and carrying petrol exploded on Friday killing at
least 17 people, the FRSC has said. The tanker caught fire along the
Lagos-Ibadan expressway in Ogun State at about 5 a.m. Hope For Nigeria Online
earlier reported that [...]

February 19, 2022 Incidents



TERRORISTS KILL FIVE RESIDENTS IN FRESH ATTACK ON BENUE COMMUNITIES



No fewer than five people have been reportedly killed by gunmen suspected to be
bandits in a fresh attack on Tse Udeghe village of Mbapa council ward of Gwer
West Local Government Area of Benue State. It was learnt that [...]

February 19, 2022 Security


3,815 BORNO TEACHERS INCOMPETENT, NOT TRAINABLE



Borno State Governor, Prof Babagana Zulum, on Thursday, described as “very
scary” some findings submitted to him by a committee he constituted and tasked
with conducting basic literacy and numeracy competency assessment of 17,229
local education authority teachers across the [...]

February 19, 2022 Education



EU LAUNCHES RESET WITH AU AFTER PANDEMIC DISRUPTION



The European Union has welcomed more than 40 African leaders to Brussels in an
effort to reassert its influence on a continent where China and Russia have made
hefty investment inroads, and where many felt let down by Europe’s COVID-19
[...]

February 18, 2022 Africa, Foreign relations


EDUCATIONIST DEPLORES CHEATING, EXAM MALPRACTICE IN SCHOOLS



Proprietor of Kingsfold International Academy, Mrs Olubunmi Osoba, has lamented
increased cases of examination malpractice and cheating among school children
and effects on quality education. She also frowned at the role of some parents
in the menace, describing it as [...]

February 18, 2022 Education



NIGERIANS HIT BY ELECTRICITY OUTAGE AS FUEL SCARCITY CONTINUES



Nigerians in several cities including Abuja and Lagos have been hit by a
“double-whammy” of fuel scarcity and electricity outage, leaving millions
struggling to keep up with their daily activities and businesses. For weeks, the
country has faced fuel shortage [...]

February 18, 2022 Oil & Gas, Power


102-YEAR-OLD WOMAN DECLARES TO RUN FOR NIGERIAN PRESIDENT IN 2023



A woman aged 102 has declared her intentions to contest for Nigerian President
in 2023. The woman, Nonye Josephine Ezeanyaeche says she has good plans to be
executed in Nigeria should she be voted in as President. Ezeanyaeche, who is
[...]

February 18, 2022 Government and politics



ABBA KYARI: IPOB, ESN MEMBERS OUT TO DESTROY ME



The embattled Deputy Commissioner of Police, Abba Kyari, has claimed that
members of the Indigenous People of Biafra (IPOB) and Eastern Security Network
(ESN) are behind his travails due to the onslaught launched against them in the
South East. Kyari [...]

February 18, 2022 Security


2023 ELECTIONS: THERE WILL BE TROUBLE IN NIGERIA IF PDP LOSES



Former Governor of Jigawa State, Alhaji Sule Lamido, has cautioned leaders and
stakeholders of the Peoples Democratic Party (PDP), that if the party doesn’t
get things right ahead of the 2023 general elections, Nigeria will be in
trouble. Lamido spoke [...]

February 17, 2022 Government and politics



FLUTTERWAVE IS NOW AFRICA’S MOST VALUABLE STARTUP



Flutterwave Inc., an Africa and emerging markets-focused payments firm, more
than tripled its valuation in less than a year to over $3 billion following its
latest fund-raising. B Capital Group led the $250 million round, with
participation from Alta Park [...]

February 17, 2022 Africa, Business, Technology Business & StartUps


HARDER TIMES LOOM AS FUEL CRISIS LINGERS



The near-term inflation outlook appears increasingly unpredictable, as the
petrol shortage crisis and the rising cost of diesel have added to other
challenges driving up prices of essential commodities in the country. Efforts to
rein in fuel supply shock have [...]

February 17, 2022 Oil & Gas



BUHARI APPOINTS NEW NPA MANAGING DIRECTOR



President Muhammadu Buhari has confirmed the appointment of Mohammed Bello-Koko
as the managing director of the Nigerian Ports Authority (NPA). The confirmation
was announced in a release signed by a spokesperson for the Ministry of
Transportation, Eric Ojiekwe. The appointment [...]

February 17, 2022 Business


BANDITS ATTACK KADUNA COMMUNITY, KIDNAP 22, INJURE FOUR



Twenty-two persons were reportedly abducted on Wednesday by bandits who attacked
Idon town in the Kajuru Local Government Area of Kaduna. According to Punch,
four victims were injured in the attack which occurred in the early hours of
Wednesday. The [...]

February 17, 2022 Security


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