Lagos students, workers, and people of other interests risk being stranded on Monday, and the rest of the week as commercial bus drivers threaten to embark on a seven-day strike. …
WEST AFRICA
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NigeriaTransportation & LogisiticsWestern Africa
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The Nigerian Government disclosed that the Federation Account Allocation Committee (FAAC) allocated the sum of N760.235 billion to the Federal Government, states and local governments in September. This was disclosed in a …
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EnergyNigeriaTechnologyWestern Africa
Seplat witnesses a profit jumps 9-month by 144% to N34 billion amid oil price boom
Nigeria’s biggest quoted oil and gas company Seplat Energy Thursday posted a net profit of N34 billion ($618.6 million) for the year to September, 144 per cent stronger than the …
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NigeriaTransportation & LogisiticsWestern Africa
Lagos State Government to commence parking levy in 2023
The Lagos State Government said it would commence a new parking levy regime for residents of Lagos from the second quarter of 2023. Nairametrics understands that the parking levy regime would commence …
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President Muhammadu Buhari Wednesday in Seoul invited top Korean business executives to increase their investments in Nigeria, while his administration would continue to make determined efforts to improve the enabling …
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BusinessInformation TechnologyMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunicationsWestern Africa
MTN Nigeria gets backup with €100 million by the European Investment Bank backs for high speed network expansion
MTN Nigeria Communications Plc is set to receive €100 million credit facility from the European Investment Bank (EIB) to speed up its network expansion programme. According to a corporate disclosure by the company, …
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Banking, Finance & InvestmentNigeriaWestern Africa
Central Bank of Nigeira plans to redesign Naira Notes
The Central Bank Governor, Godwin Emefiele, has said that the apex bank would redesign the country’s currency. Emefiele, who announced this at a press briefing in Abuja, this afternoon, said …
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There are reports of a fire outbreak at the national headquarters of the WAEC, West African Examination Council in the Yaba area of Lagos. According to Channels Television, the Lagos State Emergency Management …
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PoliticsSouthern AfricaWestern Africa
President Muhammadu Buhari orders his cabinet to produce action plan in 90 days
President Muhammadu Buhari has ordered his cabinet to provide a flood prevention plan in 90 days and develop a comprehensive action plan to prevent future disasters in the country. This was disclosed in a …
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The Nigerian House of Reps has assured foreign airlines that the Federal Government will facilitate the repatriation of up to half of their trapped funds by the end of 2022. This was …