Found 957 results for “Nigeria”
The United States has removed maritime restrictions on Nigeria, citing improved port security and anti-terrorism measures as key factors. This development is expected to enhance shipping operations and bolster economic activities in the region.
Dangote Refinery has officially opened its order book for a monumental initial public offering (IPO) aimed at raising $1.6 billion, setting a new record for Africa. The month-long share sale will offer 4.1 billion shares at N525 per unit, concluding on October 13, with an anticipated listing in November.
A concerned Lagos citizen has raised alarms over reported confrontations between state officials and a Federal Task Force assigned to protect coastal properties. The citizen is urging President Tinubu to intervene as tensions escalate over the Lagos-Calabar Coastal Highway project.
Former ministers exemplify the disconnect between Nigeria's leadership and the impoverished populace, as President Tinubu faces challenges in delivering effective reforms. Despite promises, systemic issues within the government hinder the distribution of essential palliatives to those in need.
The Nigerian equities market witnessed a significant downturn last week, losing N1.9 trillion due to widespread profit-taking. Analysts attribute this trend to heavy selling pressure across various sectors, including banking and oil.
Festus Okoye, a former National Commissioner of INEC, revealed that cyberattacks targeted the commission's platforms during the 2023 presidential elections, hampering the uploading of results. The incident raised significant concerns about the reliability of the electoral process and the effectiveness of the technology employed.
With FIFA's inquiry into Nigeria's football governance underway, experts emphasize the need for comprehensive reforms within the Nigerian Football Federation. Without addressing the root causes of persistent issues, the inquiry risks becoming an exercise in futility.
Reno Omokri, Nigeria’s ambassador-designate to Mexico, asserts that President Bola Ahmed Tinubu was not the target of an FBI investigation, despite connections to individuals involved. He emphasizes that the funds scrutinized were linked to clients of Tinubu's accounting work, not to the President himself.
The manufacturing sector in Nigeria grapples with unprecedented inventory levels, reaching approximately N1.77 trillion, as operational costs continue to rise. Leading firms like Dangote Cement and UACN are notably affected, raising alarms about the sustainability of business practices amidst growing financial pressures.
As schools resume, parents are confronted with steep increases in tuition fees, with many private institutions raising charges by up to 40%. The surge in educational costs comes amid rising fuel prices, prompting concerns over the financial burden on families and the sustainability of school transport services.
As schools across Nigeria reopen, parents are grappling with significant fee increases of up to 40%, exacerbated by rising fuel prices and economic pressures. With many families in public schools also facing new levies, the financial strain on education is becoming increasingly evident.
Nigerian dancer Poco Lee has publicly declared his innocence after being released on bail in the UK, emphasizing his mental resilience throughout the legal ordeal. In a recent video call, he expressed concern for his associates' welfare during his absence and thanked those who stood by him, including Burna Boy and Rahman Jago.
The Niger Delta Economic and Investment Summit (NDEIS) convenes in Port Harcourt, emphasizing the region's shift from oil dependency to a broader investment landscape. Stakeholders are urged to explore diverse economic avenues to stimulate growth and development in the region.
Samuel Ortom's recent remarks highlight the stark disparities in Nigeria's political and civil service retirement benefits, drawing attention to the urgent need for reform. As some retired seniors struggle with basic needs, politicians enjoy lavish perks that starkly contrast their experiences.
A mother in Anambra State has been arrested for allegedly profiting from the distribution of a pornographic video featuring her eight-year-old daughter. The shocking revelation has sparked outrage and raised concerns about child safety and exploitation in Nigeria.
