The Nigerian Police force has declared that there is no immediate threat to the 2023 election holding, dousing fears that the election may be cancelled due to insecurity. This was disclosed in a statement by the Inspector-General of Police, Mr Usman Baba, in a statement on Sunday in Abuja, after a meeting with Mr Todd […]

NNPC Ltd has reacted to allegations of Nigeria spending way too much on litres of subsidized fuel, stating that it will offer itself for a forensic audit of fuel supply and subsidy management, insisting that daily fuel supply is 68 million litres. This was disclosed in a statement on Sunday by Malam Garba Muhammad, Group […]

The Federal Government of Nigeria has filed fresh 24-count charges against Abbah Kyari, the suspended Deputy Commissioner of Police. The charges were filed before the Abuja division of the Federal High Court following the uncovering of 14 assets belonging to Mr Kyari. According to Punch, over N207 million and Є17,598 were discovered in Mr Kyari’s […]

Trading activities on the floor of the Nigerian Exchange Limited (NGX) ended the last trading day of week with the ASI gaining 0.311% as bulls maintained their grip on the local stock exchange. Find attached the NGX daily pricelist:

The Nigeria Deposit Insurance Corporation (NDIC), has published a final dividend declaration notice to depositors of 20 failed banks. According NANS, the NDIC also published a final dividend declaration notice to creditors of five banks in-liquidation. The notice published on the Corporation’s website on Friday, listed the banks to include ABC Merchant Bank Ltd., Commercial […]

The Federal Government said it’s optimistic that the the European Union and United States of America, will be lift ban on Nigeria’s agricultural commodities. This was disclosed by the Agriculture Minister, Dr Mohammad Abubakar, during a briefing by the Standing Inter-Ministerial Technical Committee (SIMTC) on Agro Zero Reject Initiative on Thursday in Abuja. According to NAN, the […]

The World Bank Group President, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for the poor and vulnerable. He also stressed the need for a unified exchange rate in Nigeria, which would significantly improve the business-enabling environment in Nigeria, attract foreign […]

The United Bank for Africa, UBA, has reduced its hours of hours in some of its branches in Abuja and its environs amid a heightening spate of armed banditry and terrorist attacks in the country’s capital. Announcing the development in a memo to customers, the bank said it took the decision for the safety of […]

Col. Hameed Ali (retd.) the Comptroller-General of Nigeria Customs Service, has stated that the Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation) cannot justify the volume of Premium Motor Spirit (petrol) being consumed in the country daily to warrant the over N6.34tn subsidy payment on the commodity annually. During his presentation to the […]

On Thursday, the federal government presented certificates of registration and sales permits to authorised fertiliser dealers in Nigeria. This is contained in a statement issued by Modupe Olatunji, a spokeswoman for the Ministry of Agriculture and Rural Development in Abuja. According to NANS, the Permanent Secretary, Dr Ernest Umakhihe, during the presentation of certificates said […]


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