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Nigeria’s inflation rate fell for the eighth consecutive month in November to 15.40 per cent from 15.99 per cent recorded a month earlier amid a continuing increase in food prices, the National Bureau of Statistics said Wednesday. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by…
December 15, 2021
In a tit for tat move, the Nigerian government has announced decision to restrict airlines coming from Canada, United Kingdom, Saudi Arabia and Argentina into Nigeria starting from Tuesday, December 14. Nigeria's Minister of Aviation, Captain Hadi Sirika, stated this on Sunday in Lagos, explaining that it was to reciprocate restricted flights from Nigeria into…
December 13, 2021
Over 63 million telephone lines have been disconnected in about a year, data from the Nigerian Communications Commission has shown. The number of connected lines in the country as of October 2021 stood at 229,582,206. This represents a 23 per cent decline from the number of connected lines which stood at 300,042,650 in December 2020 before…
December 12, 2021
Equinix, a California-based internet provider has announced plans to acquire MainOne, the first private company to land a submarine cable company in West Africa with presence in Nigeria in a deal worth $320 million. The deal which is expected to be closed by first quarter of 2022 will contribute to the development of digital infrastructure in…
December 7, 2021
Scores of United Kingdom-bound travellers have been left stranded in Abuja and Lagos international airports as air carriers on Monday announced flight cancellation. It was gathered that the British Airways at the Murtala Muhammed International Airport, Lagos, announced flight cancellation in the early hours of Monday. Many travellers intending to travel to London Heathrow expressed their…
December 6, 2021
Electricity workers in Nigeria's capital Abuja are threatening to down tools and join the looming strike action by the Organised Labour, sources have told The New Diplomat. It was gathered that the planned strike would be in continuation of a warning strike which held weeks ago amid the ongoing call on the federal government by…
December 6, 2021
Jack Dorsey has announced his decision to step down from his position as the Chief Executive Officer (CEO) of Twitter, a social media platform he co-founded over 10 years ago. Dorsey made this announcement in a statement published on his official twitter handle on Monday. He explained that his decision to resign from his position…
November 29, 2021
It may not be the best of time for some Nigerians with stupendous wealth as no fewer than 91 private jets belonging to billionaires and large corporations in the country have been grounded over their alleged refusal to pay import duties totalling N30bn. The directive was said to have cascaded from the Federal Government to…
November 29, 2021
Mr Cui Jianchun, Ambassador of China to Nigeria, has stressed the need for his country and Nigeria to harness sporting activities, to deepen diplomatic relations between the two countries. Cui spoke while briefing Journalists on Saturday in Abuja on the sidelines of the 4th edition of the Nigeria-China Ping-Pong tournament, organised for Journalists by the…
November 28, 2021
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Nigeria’s inflation rate fell for the eighth consecutive month in November to 15.40 per cent from 15.99 per cent recorded a month earlier amid a continuing increase in food prices, the National Bureau of Statistics said Wednesday. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by…
December 15, 2021
In a tit for tat move, the Nigerian government has announced decision to restrict airlines coming from Canada, United Kingdom, Saudi Arabia and Argentina into Nigeria starting from Tuesday, December 14. Nigeria's Minister of Aviation, Captain Hadi Sirika, stated this on Sunday in Lagos, explaining that it was to reciprocate restricted flights from Nigeria into…
December 13, 2021
Over 63 million telephone lines have been disconnected in about a year, data from the Nigerian Communications Commission has shown. The number of connected lines in the country as of October 2021 stood at 229,582,206. This represents a 23 per cent decline from the number of connected lines which stood at 300,042,650 in December 2020 before…
December 12, 2021
Equinix, a California-based internet provider has announced plans to acquire MainOne, the first private company to land a submarine cable company in West Africa with presence in Nigeria in a deal worth $320 million. The deal which is expected to be closed by first quarter of 2022 will contribute to the development of digital infrastructure in…
December 7, 2021
Scores of United Kingdom-bound travellers have been left stranded in Abuja and Lagos international airports as air carriers on Monday announced flight cancellation. It was gathered that the British Airways at the Murtala Muhammed International Airport, Lagos, announced flight cancellation in the early hours of Monday. Many travellers intending to travel to London Heathrow expressed their…
December 6, 2021
Electricity workers in Nigeria's capital Abuja are threatening to down tools and join the looming strike action by the Organised Labour, sources have told The New Diplomat. It was gathered that the planned strike would be in continuation of a warning strike which held weeks ago amid the ongoing call on the federal government by…
December 6, 2021
Jack Dorsey has announced his decision to step down from his position as the Chief Executive Officer (CEO) of Twitter, a social media platform he co-founded over 10 years ago. Dorsey made this announcement in a statement published on his official twitter handle on Monday. He explained that his decision to resign from his position…
November 29, 2021
It may not be the best of time for some Nigerians with stupendous wealth as no fewer than 91 private jets belonging to billionaires and large corporations in the country have been grounded over their alleged refusal to pay import duties totalling N30bn. The directive was said to have cascaded from the Federal Government to…
November 29, 2021
Mr Cui Jianchun, Ambassador of China to Nigeria, has stressed the need for his country and Nigeria to harness sporting activities, to deepen diplomatic relations between the two countries. Cui spoke while briefing Journalists on Saturday in Abuja on the sidelines of the 4th edition of the Nigeria-China Ping-Pong tournament, organised for Journalists by the…
November 28, 2021
