The Central Bank of Nigeria (CBN) has alerted the general public that the country may soon find herself back in recession. The apex bank through its Monetary Policy Committee (MPC), warned that weak economic fundamentals currently being shown by the … read more
Death toll from Nigeria’s floods has risen to 108, the country’s official relief agency said on Monday. In a statement, the National Emergency Management Agency said 441,251 people were affected in 50 municipalities. The agency said 141,369 people were displaced … read more
12 of a Swiss-owned bulk carrier’s 19 crew members have been kidnapped by Nigerian sea pirates. Geneva-based Massoel Shipping company says that the MV Glarus bulk carrier has been attacked by pirates off Nigeria’s coast and 12 of its 19 … read more
A Nigerian police investigation has retrieved hundreds of millions of dollars in stolen state oil funds. It came as an Italian court sentenced two men to four years in jail in a case involving Eni and Shell in Nigeria. Nigerian … read more
The Nigeria Immigration Service (NIS) on Friday said it recorded 81,003 non-ECOWAS foreign nationals legally resident in the country as at Aug. 31. NIS Comptroller General, Mr Muhammad Babandede, made this known in a statement signed by the agency’s spokesman, … read more
The death toll in Nigeria’s cholera outbreak in the northeastern Borno and Yobe states has risen to 97, the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) said in a statement late Friday. “A cholera outbreak has been … read more
British Prime Minister, Theresa May, says she had an excellent time in Nigeria and hopes to see increased trade and investment between Nigeria and the UK. She spoke with journalists at the Presidential Wing of the Murtala Muhammed Airport, Ikeja … read more
German Chancellor, Angela Merkel, will on Wednesday tour three West African countries, paying visits to Senegal, Ghana and Nigeria. The German Deputy Government Spokeswoman, Ulrike Demmer, said in a statement on Friday in Berlin that Merkel would spend Wednesday through … read more
The Lagos State Government has hinted that the other two bridges in the state- Carter and Eko-would also go through integrity tests after the evacuation of tankers on the roads in a few weeks time. Disclosing this yesterday during a … read more
The Lagos State Government on Friday apologised to residents over inconveniences resulting from the ongoing closure of the Third Mainland Bridge for the three-day integrity test. Mr Ladi Lawanson, the Commissioner for Transport, made the apology at a news conference … read more