Welcome to a new day, good morning. Here are the latest Nigeria news headlines for today, March 3, 2021, compiled just for you by BizWatch Nigeria.
Latest Nigeria News Headlines
Stock Market Enters Bear Territory, As Investors Part Ways With N122.34bn
The stock market ended the trading day on a bearish note, with equity capitalisation closing at N20.76 trillion, a fall from the previous day’s N20.89 trillion, while investors lost N122.34 billion.
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Nigerian Army Headquarters Complex Abuja
Impacted By Fire
The Nigerian Army Headquarters complex in Abuja was on Tuesday gutted by fire. The incident was confirmed by Nigerian Army Director of Public Relations, Brigadier General Mohammed Yerimah, via a statement.
The cause of the fire was… click here to read more.
JAMB Form 2021/2022 Sale Begins Next Week, How To Buy, Register
The Joint Admissions and Matriculation Board (JAMB) has announced that forms for the 2021/2022 session will be sold from next week.
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COVID-19 Vaccines: Nigeria Receives 3.94m Doses
Nigeria joins the ranks of countries to have received COVID-19 vaccines, following the delivery of the COVAX-backed vaccines Tuesday.
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Food Blockade: Vegetable Prices Soar In Lagos
The prices of vegetables in Lagos markets have soared by as much as 200 per cent as a result of blockage of food and cattle by traders from the North, which began last week.
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Lekki, Ajah To Experience Power Outage – TCN
The Transmission Company of Nigeria (TCN) has announced a planned power outage that will affect consumers Lekki and Ajah areas of Lagos.
The company said… click here to read more.
Solar Panels, Inverter Prices In Nigeria
Both individuals and governments globally are looking to generate electricity using price-friendly renewable energy channels, and solar inverters, especially in Nigeria, have been found to be most useful in countries with poor electricity supply.
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Petrol Scarcity Is Tactics By FG To Raise Price – Oil Marketers
The lingering petrol scarcity in Abuja and neighbouring states worsened Monday as only a few retail outlets sold to buyers.
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Nigeria’s External Reserves Sufficient for Seven Months Import – Emefiele
The Central Bank Governor, Godwin Emefiele, says Nigeria’s external reserves at $35bn was sufficient to finance the country’s seven months’ imports.
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Southern States Target Food Self Sufficiency In Wake Of North’s Blockade
The decision by food vendors in the northern part of Nigeria to cut off supply to the southern part of the country has elicited reactions with some southern state governments and farmers have dismissing the blockade and stating that it is an opportunity for the South to boost its food production capacity.
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NIP, PoS Payments Shrink by N1.93 Trillion in January
The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System (NIP) and Point of Sales (POS) terminals – shrink by N1.93 trillion in January.
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DMO Clears Its Name Of Fraud In N2.2trn Scandal
The Debt Management Office (DMO) has denied receiving the sum of N2.2 trillion in 2018 as part of its budgetary allocation for the year.
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You Can’t Be Proactive About Everything – Adesina
The Special Adviser on Media and Publicity to the President, Femi Adesina said that proaction is not always the go-to response and that there “is nothing wrong about being reactive”.
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