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    Analysis

    Nigeria’s GDP improves by 2.25% in Q3 despite rising poverty rate

    Godwin Okafor -
    By Okeoghene Akubuike Abuja, Nov. 24, 2022 The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 2.25 per cent in the third quarter of 2022 on a year-on-year basis. The NBS said this in its Nigerian Gross Domestic Product Report Q3 2022 released in Abuja on Thursday. According to the report, the growth rate...

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    Foreign Policy Nigeria

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    COMMODITIES

    Maize

    Katsina residents groan over hike in prices of grains

    Oche Maria Faustina -
    Some residents of Katsina State, have expressed concern over the sudden increase in the prices of grains, sparking panic buying by some dealers. An investigation...
    Cotton

    Cotton exporter Benin developing home-grown textile industry

    Naija247news Media Nigeria -
    GLO-DJIGBE, Benin, Oct 24 (Reuters) - On a large factory floor in southwestern Benin, dozens of young people cut, stitch and assemble cotton shirts...
    Cotton

    Tiny parasite withers West Africa’s cotton harvest outlook

    Naija247news Media Nigeria -
    DAKAR, Oct 14 (Reuters) - A tiny green grasshopper-shaped parasite has infested cotton crops across West Africa and slashed output forecasts for the 2022/23...
    Cotton

    Nigerian Scientist advocates cotton production boosting technology

    Naija247news Media Nigeria -
    By Sylvester Thompson Abuja, Oct.11, 2022 Dr Rose Gidado, Country Coordinator of Open Forum on Agricultural Biotechnology (OFAB), said cotton hybrids incorporated with the BGII...
    Cocoa

    Nigeria, Cameroon request to join Ivory-Ghana cocoa initiative

    Naija247news Media Nigeria -
    Cameroon and Nigeria requested to join the Cote d’Ivoire-Ghana Cocoa Initiative (CIGCI), a joint body spearheading the interests of the two countries in the...
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    MARKETS & INVESTING

    Everything you need to know about the re-reboot of your favourite childhood flick.

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    ARTS & CULTURE

    COMPANIES & FINANCE
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    Banks & Finance

    Appeal Court reserves judgment in N700m property taken over by Access Bank

    Naija247news Media Nigeria -
    By Suleiman Shehu Ibadan, Nov. 30, 2022 The Court of Appeal in Ibadan has reserved judgment in an appeal filed by Mr Joel Chuks...
    Insurance

    African Alliance Insurance appoints Ogwemoh new board chairman

    Genevieve Okorocha -
    By Rukayat Adeyemi Lagos, Nov. 28, 2022 The Management of African Alliance Insurance Plc., on Monday announced the appointment of Mr Sylva Ogwemoh as...
    Insurance

    Prestige Assurance gets shareholders’ nod to cancel unissued shares

    News Wire -
    Underwriting firm, Prestige Assurance Plc, has secured the approval of its shareholders to cancel issued shares of the company amounting toN6,747,438,112. This is in compliance...

    LAW & JUSTICE

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    Business News

    Sahara Group, UNILAG collaborate on sustainability, global competitiveness

    Leading energy and infrastructure conglomerate, Sahara Group has announced...
    Business News

    GTCO posts N169.7bn profit before tax for Q3

    By Olawunmi Ashaf Lagos, Lagos, Oct. 26, 2022 ...
    Business News

    N1bn Dangote Promo: Over 100 customers become Instant millionaires on Wednesday

    More customers are reaping the reward of their loyalty...
    Business News

    FSD Africa Announces New Board Member, Arunma Oteh

    Nairobi, 24 October, 2022 – FSD Africa has announced...
    Business News

    *Igbobi College Partners Kreateng To Tackle Unemployment*

    Igbobi College Old Boys Association’s quest to tackle the...
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    The Nigerian Economy

    Power

    Nigeria’s Bulk Electricity Trading Company targets 5, 500MW in 2023

    By Constance Athekame Lagos, Nov. 30, 2023 The Nigerian Bulk Electricity Trading PLC says it plans to increase power supply to 5,...
    News Analysis

    Bauchi governor approves implementation of N30,000 minimum wage

    By Olaide Ayinde Bauchi, Nov. 30, 2022 Gov. Bala Mohammed of Bauchi has approved the payment of N30,000 minimum wage...
    Budget

    Bello presents N172bn budget to Kogi assembly

    By Thompson Yamput Lokoja, Nov. 30, 2022 Gov. Yahaya...
    Budget

    Kwara State Govt. presents 189bn 2023 budget to house

    By Bushrah Yusuf-Badmus Ilorin, Nov. 30, 2022 Gov. AbdulRahman...
    News Analysis

    Subsidy: Experts advocates gradual removal to curb economic effects

    By Cecilia Ijuo Abuja, Nov. 30, 2022 Mr Eze Onyekpere,...
    Banking institutions

    CBN not introducing N5000 note

    By Lydia Ngwakwe Port Harcourt, Nov. 29, 2022 The Central...
    Banking institutions

    DMBs’ Consumer Loans Up 31% to N2.55trn on Rising Inflation

    By Kayode Tokede On the back of rising inflation rate...
    More from State of The Nigerian Consumer

    State of The Nigerian Consumer

    Consumer Inflation

    Nigerian consumers Lament as Food prices continue to rise in October – NBS

    By Okeoghene Akubuike Abuja, Nov. 30, 2022 The National Bureau of Statistics (NBS), said that prices of selected food items increased...
    Consumer Inflation

    Average price of kerosene hit N1, 041.05 per litre in October – NBS

    By Okeoghene Akubuike Abuja, Nov. 30, 2022 The National Bureau of Statistics (NBS), says the average retail price of Household Kerosene (HHK)...
    Consumer Inflation

    Average price of diesel in October was N801.09 per litre- NBS

    By Okeoghene Akubuike Abuja, Nov. 23, 2022 The National Bureau...
    Consumer Inflation

    Cooking gas price increases by 0.21% in October 2022 – NBS

    By Okeoghene Akubuike Abuja, Nov. 21, 2022 Average price...
    Consumer Inflation

    Nigeria’s inflation rate increases to 21.09% in October 2022 — NBS

    The National Bureau of Statistics (NBS), says Nigeria’s headline...
    Analysis

    Nigeria’s Headline Inflation Hits 21.09% Since September 2005; Gives MPC Little Room for Rates Tweak

    Nigeria’s headline inflation accelerated for another month (nine consecutive...
    Consumer Inflation

    Price of a 50kg bag of locally parboiled rice in Nigeria grew by 53.6% – Report

    Based on a BusinessDay report, the price of a...
    More from State of The Nigerian Consumer

    Energy Source

    Big Oil

    Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

    HOUSTON, Nov 28 - Exxon Mobil Corp (XOM.N) will wind down oil production in Equatorial Guinea and leave the West African...
    Big Oil

    Oil prices fall 2% as Chinese demand worries linger

    Brent, WTI fall for third consecutive week EU delays talks on Russian oil price cap until next week Poland seeks German support for...
    Big Oil

    Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

    HOUSTON, Nov 28 - Exxon Mobil Corp (XOM.N) will...
    Oil & Gas

    Oil jumps on hopes for easing of China’s COVID controls Get Outlook for iOS

    China to speed up COVID-19 vaccinations for elderly Investors eye...
    News Analysis

    Africa requires $190bn annual investments to achieve energy goals

    Africa will require about $190bn worth of investments...
    Big Oil

    Oil prices fall 2% as Chinese demand worries linger

    Brent, WTI fall for third consecutive week EU delays talks...
    Oil Markets

    Proposed G7 oil price cap to have little immediate impact on Russian revenue

    MOSCOW, Nov 23 (Reuters) - The Group of Seven...
    More from Energy Source

    Environment & Climate

    Climate change

    Nigeria’s Environmental activist Saro Wiwa resurrects at COP27, 27years after death

    By Usman Aiyu and Muhyideen Jimoh Sharm El Sheikh (Egypt), Nov. 11, 202 (NAN) The memory of the late Nigerian environmental activist,...
    Analysis

    Canada, Nigeria target oil and gas methane emissions with new laws

    SHARM EL SHEIKH, Nov 11 - Oil and gas producers Canada and Nigeria have become the latest countries to tackle...
    More from Environment & Climate

    Politics & Governance

    Political News & Analysis

    Royal families back Gov. Adeleke on suspension of Owa of Igbajo

    The Igbajo royal families under the aegis of Onigemo descendant in Boluwaduro Local Government Area of Osun, have expressed support...
    Political parties

    Court nullifies Abia APGA governorship primary, orders fresh election

    The Federal High Court, Abuja, has nullified the Abia All Progressives Grand Alliance (APGA) governorship primary election held on May 29. Delivering...
    Inec

    Attacks: INEC Chairman counts losses, gives way out

    The Independent National Electoral Commission (INEC) says timely arrest...
    News Feature

    Count Me Out Of Rumour To Relocate Nigeria’s Capital To Lagos, Tinubu Declares

    Asiwaju Bola Ahmed Tinubu, foremost presidential candidate in the...
    News Feature

    PHOTONEWS: Nigeria’s Bola Ahmed Tinubu Visits U.S. President Biden At The White House

    Asiwaju Bola Ahmed Tinubu has further shown that he...
    News Feature

    2023: APC unveils “Bless Mi” mobile crowdfunding channel for Tinubu’s campaign

    •Party targets N5 billion in donations •‘Innovation to democratise...
    News Feature

    Tinubu Plans To Use US, Europe Trips To Whitewash Past Criminal Record, Forgery, Southwest Group Alleges

    Tinubu, the All Progressives Congress presidential candidate, is set...
    More from Politics & Governance

    Education & Institution

    Education

    I will continue to prioritize education, says Gov Sule

    Governor Abdullahi Sule of Nasarawa State has promised sustain priority to the education sector through increase budgetary allocation if re-elected...
    Education

    ASUU protest over unpaid salaries in UNICAL

    The Academic Staff Union of Universities (ASUU), University of Calabar branch, has staged a peaceful protest to demand the payment of...
    Secondary & Primary Schools

    National skills qualification, a precondition for polytechnic’s accreditation in 2023 – NBTE

    By Philip Yatai Kaduna, Nov. 28, 2022 (NAN) The National...
    Education

    EKOEXCEL Pupils Shine at 25th Annual JETS Competition

    EKOEXCEL, the innovative digital initiative launched in 2019 by...
    Education

    Yahaya Bello reiterates commitment to quality education in Kogi

    Yahaya Bello Gov. Yahaya Bello of Kogi has reiterated his...
    Colleges

    LASU VC Pleads With Health Practitioners To Be Patriotic, Stop Brain Drain

    ...as LASU graduates 28 professional nurses The Vice Chancellor of...
    Education

    Education remains our top priority – Lalong

    Simon Lalong, Governor of Plateau State, has said that...
    More from Cryptocurrency

    CEO XCLUSIVE

    CEO EXCLUSIVE

    Nigeria needs to tap into its natural resources to resolve its foreign debt — Access Bank Chair

    Chairman Access Bank Plc, Mrs. Dere Awosika, has said that contrary to fears being expressed by Nigerians, the Federal Government can...
    CEO EXCLUSIVE

    Insurance boss cautions Nigerians on alarming rise in cybersecurity risk

    Lagos, Oct. 26, 2022 (NAN) The Managing Director/Chief Executive Officer (CEO), Leadway Assurance, Mr Tunde Hassan-Odukale, has cautioned corporate businesses owners...
    CEO EXCLUSIVE

    Nigeria needs to tap opportunities in Creative industry to boost export earnings – UBA DMD

    By Lydia Ngwakwe Lagos, Sept 18, 2022 Mr Muyiwa...
    CEO EXCLUSIVE

    UBA Group is Well-Positioned to Meet Africa’s Banking Needs – CEO

    The Group Managing Director/Chief Executive Officer, United Bank for...
    CEO EXCLUSIVE

    New Ecobank CEO to pursue stabilisation and profits, says group chairman

    By Bate Felix DAKAR - The newly appointed chief...
    CEO EXCLUSIVE

    Implement employee career development programmes to avert mass resignation- Bank chief

    By Lydia Ngwakwe Lagos, Aug. 28, 2022 Mrs Kafilat...
    CEO EXCLUSIVE

    Paper can be Nigeria’s second oil once revitalised – CEO, FAE Envelope

    By Rukayat Moisemhe Lagos, Aug. 17, 2022(NAN) Chief Executive Officer,...
    More from CEO XCLUSIVE

    The State of The Nation

    Regions

    RMAFC, EFCC uncovers oil firms’ $205m unremitted funds

    The Revenue Mobilisation Allocation and Fiscal Commission has said that it discovered $205.01m unremitted to the federation account by oil and...
    Regions

    Nigerian Military Kills ISWAP Terrorists Undergoing Training for IED Production in Lake Chad

    Airstrikes conducted by fighter jets of the Nigerian Air Force, NAF, have killed 24 terrorists of the Islamic State of West...
    More from World News

    Africa

    Economy

    Ghana Eurobonds Steady as Country Proposes Debt Restructure

    Bloomberg) -- Ghana will ask holders of its international bonds to accept losses of as much as 30% on the principal...
    Investment

    AfDB Invests More Than $6m to Strengthen Public Finance Governance in African Countries

    This project is a follow-on to a first phase approved by the African Development Bank in 2016 The Board of Directors...
    Politics

    Militants attack hotel used by officials in Somalia’s capital

    MOGADISHU, Nov 27 (Reuters) - Islamist militants attacked a...
    Politics

    Former Ivory Coast militia leader Ble Goude returns home after exile

    ABIDJAN, Nov 26 (Reuters) - Charles Ble Goude, a...
    Politics

    Equatorial Guinea president wins re-election, VP says on Twitter

    DAKAR, Nov 26 (Reuters) - Equatorial Guinea's President Teodoro...
    Politics

    Congo schedules presidential elections for Dec 2023

    KINSHASA, Nov 26 (Reuters) - Democratic Republic of Congo...
    Economy

    Namibia plans railway revamp to boost regional coal exports

    CAPE TOWN, Nov 25 - Namibia's state-owned railway company...
    More from Africa

    Geopolitical Analysis & News

    Africa Vs Western Imperialism

    Three U.S. citizens indicted for funding Cameroon insurgents

    DAKAR, Nov 29 (Reuters) - Three U.S. citizens of Cameroonian origin have been arrested and charged with raising funds for separatist...
    New World Order vs Old World Order

    The yuan’s the new dollar as Russia rides to the redback

    Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading centre for yuan Yuan's share of Russian FX market jumps...
    China vs Taiwan

    China has rejected understanding with US on Taiwan, Blinken says

    China had altered a decades-old understanding between Washington and...
    China vs Taiwan

    Taiwan president quits as party head after local election losses

    Taiwan President Tsai Ing-wen has resigned as head of...
    Africa Vs Western Imperialism

    Kim Jong Un says North Korea aims to have the world’s strongest nuclear force

    SEOUL, Nov 27 (Reuters) - North Korean leader Kim...
    New World Order vs Old World Order

    Xi tells Kim China wants to work with North Korea for peace: KCNA

    Chinese President Xi Jinping has told North Korea’s Kim...
    Russia/Ukraine war

    President Putin Meets Mothers Of Russian Troops Fighting In Ukraine

    The president said that the country’s leadership, and he...