Global Growth Projected at 3.1% in 2024 – IMF’s World Economic Outlook Report Reveals
The International Monetary Fund (IMF) has revealed in its latest World Economic Outlook (WEO) Update Report for January 2024 that
Read More
Business
AEDC Announces New Management Team to Drive Strategic Objectives
The Abuja Electricity Distribution Company (AEDC) has unveiled its latest management appointments, with Mr. Godfrey Abbah assuming the role of
Read More
OPay rolls out security features to secure customers’ fund
OPay, a Nigerian financial technology firm, has implemented various security measures to prevent financial fraud. The initiative was aimed at
Read More
Minister assures of supply to Nigeria-Morocco gas pipeline
The Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has assured of uninterrupted supply to the Nigeria-Morocco gas
Read More
Naira falls to all-time low on official window, trades 1348/$
Naira falls to all-time low on official window, trades 1348/$ The naira fell to an all-time low of N1348.63/$ on
Read More
Pension funds rise by 22% to N18tn – NAICOM
The total assets under the Contributory Pension Scheme reached N18.36tn by the end of 2023, according to data from the
Read More
Freddy Hirsch Nigeria Unveils Exciting Chicken Flavors for West African Market
Freddy Hirsch Nigeria, a leading spice extracts manufacturer, has announced the launch of a new line of chicken flavors tailored
Read More
FCT-IRS Requests Achimugu’s Tax Returns Following Lavish Birthday Celebration
The FCT-Internal Revenue Service has directed Abuja-based socialite, Aisha Achimugu, to furnish the agency with details of her annual tax
Read More
Senator Olamilekan Adeola Empowers 5,000 Ogun Traders with Grants and Scholarships
Senator Olamilekan Adeola, the Chairman of the Senate Committee on Appropriation and lawmaker representing Ogun West Senatorial District, has embarked
Read More
Nigerian National Petroleum Company Limited (NNPCL) Zero Remittance to Federation Account in 2022 – CFO Reveals
In a significant development, the Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), Umar Ajiya, disclosed
Read More
CBN Takes Decisive Action: Releases $500 Million to Clear Verified Forex Backlog
In a resolute move aimed at resolving the lingering issue of verified foreign exchange transactions, the Central Bank of Nigeria
Read More
Sunshine and Synergy: Nigeria and India Join Hands for Renewable Energy Future
In a promising stride towards a greener future, Nigeria and India have inked a Memorandum of Understanding (MoU) to bolster
Read More
Lagos Breathes a Sigh of Relief: Fourth Mainland Bridge Construction Finally Commences in March/April
After years of anticipation and planning, the Lagos State government has thrown Lagosians a lifeline – construction of the highly
Read More
Seplat Shines Bright, Defying Bearish Whispers: NGX Inches Up as Oil Giant Leads Gainers
The Nigerian Stock Exchange (NGX) eked out a modest gain on Friday, January 26th, 2024, defying broad investor cautiousness due
Read More
FIRS Sets Ambitious N19.4trn Revenue Target for 2024
In a bold move aimed at shoring up government finances and supporting public spending, the Federal Inland Revenue Service (FIRS)
Read More
Naira Nosedives: Backlog Bites as Dollar Demand Swells, Reaching N900.96 Low
The Nigerian naira continues its descent, plunging to a fresh low of N900.96 against the dollar at the official market
Read More
Lagos Lights Up: Nigeria’s Megacity Crowned Top Travel Destination, Stealing the Spotlight from Dubai
Move over, Dubai, there’s a new tourism titan in town! In a surprising upset, Lagos, Nigeria’s vibrant heart, has been
Read More
Lagos Says “No More Foam”: Three-Week Deadline for Styrofoam Stockpiles as Ban Bites
The air in Lagos may soon feel a little lighter, as the Lagos State Government has cracked down on styrofoam,
Read More
Gas-Rich Nigeria Plunged into Darkness: Power Outages Expose Energy Sector Woes
Nigeria, a nation sitting atop vast natural gas reserves, finds itself shrouded in darkness as persistent power outages grip the
Read More
Nigerian Stocks Soar: Equities Trade Surges by 54.3% in 2023
In the bustling financial landscape of Lagos, Nigeria, investors are rejoicing as the value of equities traded on the Nigerian
Read More