Parrot Nigeria News

• Cost of labour, farm inputs and transportation still high, says Suberu• Only mechanised farming will address Nigeria’s food crisis – Apeji• ‘Insecurity is a major factor government must address to encourage farmers…

Thousands of schools in the Philippines suspended in-person classes Friday, the education department said, as parts of the tropical country endured dangerously high temperatures. The months of March, April and May are…

President Bola Tinubu has approved the appointment of Engineer Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP). Tinubu’s spokesperson, Ajuri Ngelale,…

Concerned residents of Eti-Osa East Local Council Development Area (LCDA), yesterday, staged a protest at Lagos State House of Assembly demanding the removal of chairman, John Ogundare, who was allegedly indicted in a…

Former Vice-President Atiku Abubakar has rejected the hike in electricity tariff, saying it will worsen the suffering of the people. In a series of tweets on Friday, the Peoples Democratic Party (PDP) Presidential Candidate…

Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, says the agency is determined to remove all obstacles that are militating against the growth of Micro, Small and…

The increase in the minimum capital requirement for banks to operate in Nigeria can strengthen lenders competitive position against international and pan-African banking groups, S&P Global Ratings has said. The Central…

The naira on Friday appreciated to 1,245 per dollar on the parallel market, stronger than the rate at the official and Bureau De Change (BDC) segment of the foreign exchange (FX) market. At the official FX market, the…

Nigeria is set to launch a new National Identity Card with payment and other social service features, National Identity Management Commission (NIMC) has announced. In a statement issued by Kayode Adegoke, the head of…

Yields in the Treasury Bills market increased at a much higher rate to 17.67 percent as at March 26, 2024 from 6.29 percent at the beginning of the year. This follows the unprecedented rise in the monetary policy rate by…

Water, just like food, is a basic need in the day-to-day activities of humans. In Lagos, Nigeria’s most populous city, the residents, however, grapple for survival of water, despite the existence of the Lagos Water…

In this Nigeria, I don’t even know what to do to have some comfort again. In this scorching northern sun that is always hitting my bald and wetting my body anytime I go out at a time like this to provide for my family, I…

Two days after the Nigerian Electricity Regulatory Commission (NERC) approved increase of electricity tariff for customers under the Band A classification, the Federal Government has hinted that a similar measure would be…

President Bola Tinubu, on Friday, thanked the Central Bank Investigator, Mr Jim Obazee, for his services, officially closing the months-long investigation. “Subsequent to the conclusion of the assignment and the submission…

The recent directive of the Central Bank of Nigeria (CBN) to all banks in the country to further capitalise might be an impossible task for the First Bank…

When Lagos state authorities notified Nigerian business mogul Paul Onwuanibe in late March that he had seven days to leave his multimillion-dollar beach resort so it could be torn down, he thought it was an April…

Cross-dresser Idris Okuneye, aka Bobrisky, on Friday, pleaded guilty to a four-count charge of abuse of the naira and money laundering preferred against him by the Economic and Financial Crimes Commission (EFCC) at a Lagos…

The United States government under President Joe Biden has asked the Israeli government to immediately cease fire in the ongoing war against Hamas militants in Gaza. This was stated in a press release issued by the White…

The Nigerian naira clawed back a high degree of previous losses against the British pound this year at the unofficial market as inflows by FPIs and growing confidence in the local currency amplified its bullish momentum.…

With nearly N3 trillion needed for banks in the country to meet the new minimum capital requirement as stipulated by the Central Bank of Nigeria (CBN) analysts have…

Former Russian President Dmitry Medvedev launched a scathing verbal attack against the North Atlantic Treaty Organization on Thursday, calling for…

The Minority Caucus of the House of Representatives has condemned the hike in electricity tariffs across Nigeria by the Nigerian Electricity Regulatory Commission (NERC), describing the act as insensitive, inhuman, and evil.…

The Economic and Financial Crimes Commission (EFCC) has avoided addressing Bobrisky as a “he” or “she” in a recent press release. The self-proclaimed transgender and crossdresser was arrested on Wednesday night in Lagos…

Some hoodlums on Friday invaded Agojeju-Odo, a community in Omala Local Government Area of Kogi State. The gun-wielding men were said to have shot community members and burnt houses, Daily Post reports. However, in a…