News Nigeria Industry: 3,298 Inmates On Death Row in Nigeria - NCoS
No fewer than 3,298 inmates across the custodial centres in Nigeria are on death row, the Nigerian Correctional Service (NCoS), has revealed.Its Public Relations Officer, Mr Abubakar Umar, who disclosed this to Newsmen on Wednesday in Abuja, however said that the term 'condemned criminal' had been abrogated.With the emergence of the NCoS Act 2019 which made the prisons correctional centres, the term 'condemned criminal' was abrogated as it is...
News Nigeria Industry: Nigeria's Discos Generated N434 Billion in Q3, Q4 2022 - Report
The NBS said in terms of revenue, N232.32 billion was generated by the DisCos in Q4 2022 compared to N202.62 billion in Q3 2022.The Electricity Distribution Companies (DisCos) operating in Nigeria's electricity supply industry generated N434.94 billion in revenue in the third and fourth quarters of 2022, data obtained from the National Bureau of Statistics (NBS) has shown.The bureau revealed this in its "Nigeria Electricity Report", detailing...
News Nigeria Industry: Nigeria Urged to Give Up Fight With Eni and Shell Over Lucrative Oil Block
(Bloomberg) -- A senior Nigerian minister urged the country’s president to end a long-running dispute with Eni SpA and Shell Plc to allow the companies to finally develop a prized deepwater oil license.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Elimi
News Nigeria Industry: Exxon declares force majeure on crude liftings in Nigeria
Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country following industrial action by the company's in-house workers union, the company said on Monday in a statement.
News Nigeria Industry: Nigeria's aviation workers face call to strike from Monday
Nigeria's airports face two days of disruption from Monday as aviation workers stage a second strike this year in protest over working conditions and wages, unions said on Friday.
News Nigeria Industry: Nigeria's aviation workers face call to strike from Monday - unions
ABUJA (Reuters) - Nigeria's airports face two days of disruption from Monday as aviation workers stage a second strike this year in protest over working conditions and wages, unions said on Friday. The country's aviation industry is facing problems, including poor facilities, jet fuel shortages that often ground domestic flights and a lack of foreign currency that has seen international carriers
News Nigeria Industry: No Country for Kids: In Nigeria parents pulls children out of schools as abduction becomes industry
Rampant kidnappings in northern Nigeria have forced children out of schools. Parents say they would rather have their children drop out of school, than get abducted by “bandits.” The most vulnerable ...
News Nigeria Industry: Nigeria inflation quickens to 22.04% in March
LAGOS (Reuters) - Nigeria's annual inflation accelerated to 22.04% in March from 21.91% in the previous month, its bureau of statistics said on Saturday. Inflation has remained elevated in Africa's biggest economy, eroding savings and incomes, and prompting the central bank to hike interest rates to their highest level in nearly two decades. Food inflation, which accounts for the bulk of
News Nigeria Industry: How technology is rescaling real estate sector in Nigeria
The global real estate space has enjoyed a torrent of investments over the years, with funding for commercial real estate rising to a whopping USD 1.3 ...
News Nigeria Industry: Poor funding, talent neglect limit Nigeria’s creative industry
The Nigerian creative industry has shown its capacity to attain global recognition and partnerships with foreign firms but shortage of investment and ...
News Nigeria Industry: Nigeria Construction Industry Databook Series: Growth Momentum is Expected to Continue at a CAGR of 7.7% During 2022 to 2026
Dublin, Dec. 29, 2022 (GLOBE NEWSWIRE) -- The "Nigeria Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional, Infrastructure Construction and City Level Construction by Value , Q4 2022 Update" report has been added to ResearchAndMarkets.com's offering. The construction industry in Nigeria is expected to grow by 9.0% to reach NGN 8,993 billion in 2022.Despite near-term ch
News Nigeria Industry: Economic headwinds, multiple taxes to stifle Nigeria’s beer industry
With commendations from the private sector on the government’s decision to suspend the proposed increase in excise duty rates, it ...
News Nigeria Industry: How partnership between school, private industry can boost Nigeria’s tertiary institutions’ IGR
Tertiary institutions all over the world are regarded as the hub of economic and sustainable national development. They transmit knowledge and nurture ...
News Nigeria Industry: Nigeria is becoming too expensive for a poor country
Nigeria, Africa's biggest economy with a population of over 207 million people with the tag of "poverty capital of the world" since 2016, continues to ...
News Nigeria Industry: How Leveraging Streaming Platforms Can Boost Nigeria’s Music Industry
Nigeria). While their contributions to the growth of Nigerian music industry can not be undermined,they made huge profits from pirating the works of artists.A good number of Nigerian artists ...
News Nigeria Industry: Nigeria first-quarter GDP up 3.11% year over year, statistics office says
Nigerian GDP grew 3.11% in the first quarter, slower than in the previous quarter as a fall in oil production hit the rest of the economy, the national statistics office said on Monday ahead of a central bank interest rate decision on Tuesday.
News Nigeria Industry: Adewale: Nigeria’s Aviation Industry Improved in the Last Two Years
The Chief Executive Officer of Mainstream Cargo Limited, Seyi Adewale, in this interview with Chinedu Eze, raises hope that the aviation industry has significantly improved in all indices in the ...
News Nigeria Industry: Nigeria: Ooni of Ife Urges Stakeholders to Build On Legacies of Founding Fathers of Nigerian Film Industry
The Ooni of Ife, Adeyeye Enitan Ogunwusi has called on the stakeholders in the Nigerian film industry to endeavour to build on the legacies of those who laid the foundation of the industry.