Firms that left Nigeria from 2020 to 2024 over economic challenges – Full list

In recent years, Nigeria has witnessed an increasing trend of multinational and local companies shutting down or relocating their operations due to economic challenges, currency volatility, and rising operational costs. The latest company to announce its departure from Nigeria is South African grocery retailer Pick n Pay, which confirmed on Monday that it will exit […]

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North blackout: 19 governors meet, President deploys troops against vandals

A-power-transmission-system The governors of the 19 northern states on Monday called for the diversification of energy following persistent blackouts in 17 states of the region recently. Apart from Niger and Kwara, 17 states in the North are without electricity supply in the last two weeks. The worst affected are Kaduna, Kano, Jigawa, Gombe, and Katsina, […]

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Ogun shuts school, suspends principal over pupil’s death

Ogun State Governor Dapo Abiodun Ogun State Government has shut down Obada Grammar School, Obada, Idi-emi over the death of Monday Arijo, an SS2 student of the school. This followed the arrest and suspension of the teacher allegedly responsible for the death of the student on Friday last week as a result of corporal punishment. […]

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Ghana eyes Dangote refinery for petroleum imports

– to cut costs, dependence on Europe Ghana may shift to purchasing petroleum products from Nigeria’s Dangote Oil Refinery once it reaches full operational capacity, potentially cutting its $400 million monthly fuel imports from Europe. This move could signal a significant cost reduction for Ghana and reinforce regional trade in Africa. This prospect was disclosed […]

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No more business as usual — New Women Affairs Minister

Newly designated Minister of Women Affairs, Hon Imaan Sulaiman-Ibrahim has assured management, staff, and stakeholders of the ministry that her tenure would be innovative and won’t be a “business as usual”. The former Minister of Police Affairs was warmly received by the Permanent Secretary, Ambassador Gabriel Aduda, amidst cheers, dance performances, and music by the […]

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I’m sorry, Abia lawmaker apologises for assaulting Bolt driver

A member of the House of Representatives, Alex Ikwechegh, who assaulted an e-hailing (Bolt) driver who went to deliver a package to him has tendered a public apology. Ikwechegh admitted that his behaviour did not meet the standards expected of a public official. He issued a public apology on Monday, saying, “As a public servant, […]

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Ondo Governorship Election: Why Aiyedatiwa will win

The coming November 16, 2024 Governorship Election offers the people of Ondo State another golden opportunity to decide through their votes their leader for the next four years. Altogether, 17 political parties are fielding candidates for the election. But considering their spread statewide, together with their structural and organizational strength, the race will likely be […]

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NLC slams IMF for fuel subsidy removal denial

The Nigeria Labour Congress has criticised the International Monetary Fund for its denial of responsibility regarding the Nigerian government’s recent removal of subsidy on petrol. The congress describes the denial as cynical and emblematic of the IMF and World Bank’s longstanding pattern of imposing harsh economic policies on developing nations. In a statement on Sunday, […]

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Dangote Refinery’s lawsuit betrays monopolistic intent

The lawsuit filed by Dangote Petroleum Refinery and Petrochemicals at the Federal High Court in Abuja, seeking the cancellation of import licenses granted to the Nigerian National Petroleum Company Limited and six other oil marketers signals an insidious attempt by the giant refiner to impose a monopoly on the country’s oil market. In the same […]

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FG, implement duty-free food imports now

One month shy of the closure of President Bola Tinubu’s promised duty-free window on food imports, Nigerians are left with nothing but empty promises. On October 1, the President’s address confirmed the government’s duty-free policy for essential food imports. This measure, proposed to alleviate skyrocketing food prices, has become an utter disappointment. Nigeria’s inflation crisis—at […]

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