Latest Nigeria Business News
The forthcoming general elections in Nigeria will be held in the first quarter of 2023. Presidential and National Assembly elections will be conducted on Saturday, 25th February; Governorship and State Houses of Assembly elections are scheduled for Saturday, 11th March. On September 28, the campaign season will officially open as announced by the Independent National […]
The Chairman of the Peoples Democratic Party, PDP, in Katsina State, Alhaji Salisu Majigiri has said that the “Ayu Must Go” protesters who stormed Katsina State Capital on Sunday must have been sponsored by enemies of the party from outside the State. On Sunday a coalition of youths from the North, said to be PDP […]
Muslim Rights Concern (MURIC) has lauded the Nigerian media for properly reporting the killing of Muslims in Zamfara by bandits last Friday. MURIC also hit out at the Christian Association of Nigeria (CAN) for reportedly claiming that it was only Christians that are being killed in Nigeria. MURIC disclosed this in a statement on Sunday […]
The President of the Christian Association of Nigeria, Dr Daniel Okoh, on Sunday, urged the Federal Government and the leadership of the Academic Staff Union of Universities to end the seven-month strike. Okoh made the appeal in his address during the interdenominational church service to mark the 62nd Independence Day at the National Ecumenical Centre, […]
The campaign team of the Tinubu-Shettima Presidential Campaign Council has directed all the newly appointed 422 members to turn up at the PCC headquarters in Abuja for ‘special prayers’ to officially kick off Wednesday’s electioneering campaign. This was disclosed in a statement issued in the wee hours of Monday by the Director of Media and […]
A Federal High Court in Abuja has fixed September 26 (today) for hearing a motion seeking an order compelling the Code of Conduct Bureau to release the details of the Asset Declaration Form of the Chairman of the Independent National Electoral Commission, Prof Mahmud Yakubu. The motion on notice filed by an applicant, Emmanuel Agonsi, […]
Tighter financial conditions, such as interest rate hikes have affected commercial property prices by making it more expensive for investors to finance new deals or refinance existing loans, a new report by the International Monetary Fund stated. The report, titled, “Commercial Real Estate Sector Faces Risks as Financial Conditions Tighten,” said this trend was lowering […]
Fresh licenses and permits have been issued to 37 companies to produce a total of 762.3 megawatts of electricity in order to boost power supply across the country, data obtained from the Nigerian Electricity Regulatory Commission showed. An analysis of the commission’s latest Fourth Quarter 2021 Report on Sunday also indicated that the metering of […]
The World Bank has said that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments is also crashing. It also noted that the condition of welfare in Nigeria was worsening despite the economic recovery from recession. The Washington-based bank said this in its draft report for State Action on Business […]
Brent, the global benchmark for crude, dropped in price on Sunday as virtually all oil grades witnessed reduced prices on the first day of the week despite efforts by the Organisation of Petroleum Exporting Countries to stabilise the cost of the commodity. As oil prices plunged, data obtained from the September 2022 Oil Market Report […]