FAAC: FG, states, LGs share N1.208trn revenue for April
May 16, 2024 The Federation Account Allocation Committee (FAAC), has shared the sum of N1.208 trillion as revenue for April among the Federal Government, states and Local Government Councils (LGCs)….
Emirates to resume flights to Nigeria Oct 1
Emirates Airlines has announced resumption of services to Nigeria from October 1, 2024, with a daily service between Lagos and Dubai, thanks to President Bola Tinubu’s efforts at effecting the…
Benin provisionally reverses ban on oil exports from Niger
May 16, 2024 Benin has provisionally reversed its decision to block exports of crude oil from Niger via its port and agreed to hold a meeting between the two countries,…
Tinubu Lauds NNPC Ltd, Partners; Commissions 3 Gas Projects
In line with its renewed hope agenda, the Federal Government has reiterated its determination to utilize Nigeria’s abundant gas resources to revamp the nation’s industrial growth and kickstart its economic…
Macron appoints Aig-Imoukhuede President of France Nigeria Business Council
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on. Aigboje Aig-Imoukhuede, the Chairman of Access…
IEA trims 2024 oil demand growth forecast, widens gap with OPEC
May 15, 2024 The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening the gap with oil producer group OPEC in terms of expectations…
Nigeria’s inflation rate rose to 33.69% in April 2024
May 15, 2024 Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 which was 33.20%. This was according to the National Bureau of Statistics (NBS)’s Consumer…
1,075 Nano businesses receive UNDP cash grant in Lagos
May 15, 2024 Lagos State Ministry of Economic Planning and Budget, through its Social Protection Coordinating Department, has helped in the disbursement of N100,000.00 (One Hundred Thousand Naira) cash grant…
Everybody including Tinubu, VP now to pay for access to airports
The Federal Government’s revenue drive has turned its focus on payment for access to airports with a new order that everybody must pay including the President, Vice President and others…
FG unveils software to showcase Nigeria’s mineral resources to investors
May 14, 2024 The Federal Government has unveiled the Nigerian Minerals Resource Decision Support System (DSS), aimed at helping investors make informed decisions in the sector. The Minister of Solid…