Latest News for: Nigeria

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Nigeria: Transmission Problem Causes Power Outage in Most of Northern Nigeria - TCN

All Africa 22 Oct 2024
"By around 5.15 a.m. and 5.17 a.m. Line 1 and Line 2 were tried, but they all tripped immediately on the same relay indication," the TCN said ....
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Nigeria: Nigerian Govt Rejects Shell's Plan to Sell Nigeria Onshore Oil Business

All Africa 22 Oct 2024
The NUPRC approved four other other divestment applications but rejected Shell's ....
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300 of 744 LGAs are without bank branches in Nigeria – AMMBAN

Business Day Online 22 Oct 2024
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has decried banks’ inabilities to cover the whole 744. read more 300 of 744 LGAs are without bank branches in Nigeria – AMMBAN ... .
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Nigeria: Poverty in Lagos Isn't Just About Money - Here's Why

All Africa 22 Oct 2024
Lagos is Nigeria's economic powerhouse, but it has some of the worst slums in the country ....
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Nigeria’s electricity grid: Time to stop normalising abnormality

Business Day Online 22 Oct 2024
As of last Saturday, October 19, 2024, Nigerians had endured the third blackout of the national grid (commonly called a. read more Nigeria’s electricity grid. Time to stop normalising abnormality ... .
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Nigeria-USA trade hits $10 billion – Official

Business Day Online 22 Oct 2024
The trade relationship between the United States and Nigeria is now worth $10 billion per year, according to Will Stevens,. read more Nigeria-USA trade hits $10 billion – Official ... .
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Why rate hikes alone won’t solve Nigeria’s inflation crisis

Business Day Online 22 Oct 2024
With inflation reaching 32.7 percent in September 2024, Nigeria’s economic challenges are becoming harder to ignore. The Central Bank of. read more Why rate hikes alone won’t solve Nigeria’s inflation crisis ... .
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Nigeria lost N13tn to forex subsidy in three years — World Bank

Business Day Online 22 Oct 2024
The World Bank says Nigeria’s government lost N13.2 trillion because of how it managed foreign exchange between 2021 and 2023. read more Nigeria lost N13tn to forex subsidy in three years — World Bank ... .
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Nigeria and the 2024 Nobel Prize

Business Day Online 22 Oct 2024
Each year, the Nobel Prize serves as a global recognition of exceptional human contributions across various fields, including literature, science,. read more Nigeria and the 2024 Nobel Prize ... .
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Transforming primary care in Nigeria

Business Day Online 22 Oct 2024
Primary healthcare is the backbone of a strong and healthy nation. It provides essential medical care to most people, helping. read more Transforming primary care in Nigeria ... .
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Nigeria’s daily petrol consumption (usage) crashes 52% says FG

Business Day Online 22 Oct 2024
Nigeria’s daily consumption of Premium Motor Spirit, PMS, commonly known as petrol, has dropped by 92 percent following the federal. read more Nigeria’s daily petrol consumption (usage) crashes 52% says FG ... .
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Nigeria: Nigerian University Students Reject Proposed Fee Hike

All Africa 22 Oct 2024
The students' union described the proposed hikes as drastic and rash, stressing that they would continue to oppose any form of exploitation or unfair treatment of students ....
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Nigeria: NBC Apologises Over EFCC's 'Incursion' Into Enugu Radio Station

All Africa 22 Oct 2024
At about 6.48 p.m. on 14 October, the EFCC raided Urban Radio 94.5 FM Enugu and arrested a presenter ....
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Nigeria: Special Report - Post-Subsidies Removal Hardships Take Toll On Abuja Informal Economy Operators

All Africa 22 Oct 2024
With inflation driving up the prices of goods and services almost daily, Nigerians are losing their purchasing power, and businesses are shutting down due to a lack of patronage ....

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