Economy
COVID-19: Lagos approves N5,000 cash transfer to residents
The Lagos State Government has approved the establishment of the State Cash Transfer Unit (SCTU) for the National Cash Transfer programme.
Nigerians will now pay stamp duty on ATM printouts, some WhatsApp messages, says FIRS
The Federal Inland Revenue Service (FIRS) says Nigerians will now pay stamp duties on WhatsApp messages, SMS, and messages via any electronic...
Buhari govt seeks $5.5bn loan for COVID-19, priority projects
President Muhammadu Buhari has asked the house of representatives and the senate to approve a loan of $5.5 billion.
US demands immediate probe of the president of African Development Bank, Akinwumi Adesina
The United States has demanded a fresh probe of the president of African Development Bank, Akinwumi Adesina, over allegations leveled against him.
NNPC reacts as Nigerians condemn appointments of ‘only Northerners’
The Nigerian National Petroleum Corporation (NNPC) says its appointments always adhere to the principle of transparency and accountability.
Kennie...
Non-oil sector weakens as GDP expands by 1.87% in Q1 2020
Nigeria’s gross domestic product (GDP) expanded by 1.87% in the first quarter of 2020, a new report by the National Bureau of...
We’ll assist companies to prevent job loss – Sanwo-Olu
In light of the disruptions and hardship caused by the coronavirus pandemic in the business environment, Lagos State Governor, Mr Babajide Sanwo-Olu,...
Malabu Oil Deal: Nigerian govt’s $1bn lawsuit against Shell, Eni struck out by UK court
The Nigerian government's $1 billion lawsuit against oil giants; Royal Dutch Shell and Eni, has been dismissed by a UK court on...
Nigeria’s economy is heading towards recession – Minister
Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards a recession.
However,...
Lagos considers lifting ban on worship centers, hotels, total economy re-opening
Lagos residents will soon heave a sigh of relieve as the state government is considering re-opening of the critical sectors of the...
Ondo Uncovers N4.3bn In Secret Account After 10 Years
According to a report by The Nation, the Ondo State Government has explained how it uncovered N4.3bn kept in a secret account...
Buhari to announce Ibrahim Gambari as new Chief of Staff
Ibrahim Gambari, a professor of political science and Nigeria’s former permanent representative to the United Nations (UN), will be announced as the...
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COVID-19: Nigeria confirms 416 new cases – Lagos 192, total now 10,578
COVID-19 cases in Nigeria increased further on Monday with 416 cases reported by the country, even as the nation intensifies efforts to...
Immigration Service introduces passport reminder system
The Nigeria Immigration Service (NIS) has commenced a test-run of passport reminder system for applicants of the travel document.
We’re hungry, frustrated – Private school owners lament closure of schools
Following the directive of the federal government that schools should remain shut-down, Private school owners on Monday wrote to FG, saying they...
Hotels in Nigeria to re-open, bars, cinemas to remain closed
The Federal Government has said hotels in the country could resume reopen effective June 2
The National Coordinator of...
