Nigeria Breaking News

Showing: 1 - 8 of 8 Articles
FG, Emirates sign MoU to boost inbound tourism

FG, Emirates sign MoU to boost inbound tourism

Ministry of Art Culture Tourism and the Creative Economy has signed a Memorandum of Understanding, MoU, with Emirates to attract more international visitors to Nigeria. The agreement was signed at the 2025 Arabian Travel Market by Emirates’ Senior Vice President, Commercial Operations, Centre, Adil Al Ghaith; and Special Assistant to the Minister on Sub-National Development …

Quit in three months, again FG warns foreigners with expired visas

Quit in three months, again FG warns foreigners with expired visas

The federal government has again warned foreigners with expired visas to leave the country within three months or risk sanctions. “The Nigeria Immigration Service wishes to further inform the general public that a window period of three months from 1st May to 1st August 2025 shall be granted to allow foreigners residing in Nigeria with …

Shell net profit sinks 35% in first-quarter as oil prices fall

Shell net profit sinks 35% in first-quarter as oil prices fall

British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns. Profit attributable to shareholders fell 35 percent to $4.8 billion in the first quarter of 2025 from a year earlier, Shell said in an earnings statement. Total …

Energy transition: Nigeria needs $410bn as REA backs local solar firm

Energy transition: Nigeria needs $410bn as REA backs local solar firm

LAGOS—The Managing Director of Rural Electrification Agency, REA, Engr. Abba Aliyu, has said Nigeria needed approximately $410 billion to achieve a complete energy transition and at least $40 billion to bridge its electricity access gap. He disclosed this during a facility tour of a solar manufacturing and renewable energy services firm, LPV Technologies in Lagos …

FG unfolds plans for massive job creation in ICT

FG unfolds plans for massive job creation in ICT

The Federal Government has unveiled plans for massive job creation as it commissions the Nigeria-Korea Information Access Centre. The centre was funded by the Korean government. Thw Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, who commissioned the centre yesterday in Abuja, said Nigeria was investing significantly on digital infrastructure and technologies that …

FG urges traders to reduce food prices

FG urges traders to reduce food prices

The Federal Government has urged retailers to reflect the reduction in food prices and shun exploiting consumers. Abubakar Kyari, the Minister of Agriculture and Natural Resources, stated this on Tuesday during the 2025 Wheat Farmers Green Field Day at Dabi village in Ringim Local Government Area of Jigawa. He decried the nonchalant attitude of retailers …

FG charged to adopt assets-based financing for economic growth

FG charged to adopt assets-based financing for economic growth

At the backdrop of the plan by the Federal Government (FG) of Nigeria to grow the country’s economy to a $1 trillion value by 2030, the government has been advised to adopt assets-based financing model to replace the output-based approach it currently uses. Renowned economist and Chief Executive Officer of Economic Associates, Dr Ayo Teriba, who …

Industrial unrest looms in 110 FGCs as Labour issues strike notice

Industrial unrest looms in 110 FGCs as Labour issues strike notice

There are indications that academic and other activities at the 110 federal government colleges, FGCs, commonly known as Unity Schools, may be disrupted soon following a notice of strike by Organized Labour over poor welfare among others. Under the aegis of the the Association of Senior Civil Servants of Nigeria, ASCSN, Organized Labour, expressed disgust …