News

The Federal Government has promised accelerated completion of the 378.3 megawatts Egbema Power Plant in Imo State, saying it is currently 70 per cent completed. The Minister of Power, Adebayo...

The United Bank for Africa (UBA) has achieved a remarkable milestone with a staggering 143% surge in gross revenue. It hit an unprecedented N2.08 trillion in the 2023 fiscal year,...

The Nigeria Employers’ Consultative Association (NECA) has voiced the private sector's incapacity to meet the Nigerian Labour Congress (NLC)’s demand for a N500,000 minimum wage this year or in the...

As Muslims prepare for Eid El-Kabir festivities, they face a bitter reality: the skyrocketing price of fresh tomatoes in Lagos markets, surging by over 100% in May alone. Traders attribute...

President Bola Tinubu has highlighted the transformative impact of the Lagos-Calabar Coastal Highway, which will create direct employment for millions and provide benefits to over 30 million Nigerians nationwide. Speaking...

Graham Hefer, the Managing Director of Okomu Oil Palm Plc, revealed that the company ceased its rubber plantation operations in 2023 due to insecurity and attacks on its facilities. Hefer...

The naira has shown resilience in the unofficial market, appreciating against the dollar as the dollar index saw some losses due to profit-taking. On Friday, the naira was valued at...

In the first quarter (Q1) of 2024, Nigeria's gross domestic product (GDP) increased by 2.98%, up from 2.31% in Q1 2023. However, this slightly decreased from the 3.46% growth in...

Nigerian Aviation Handling Company Plc has set an N100bn revenue target within the next five years. The projection was made known by the Group Chairman of the company, Dr Seinde...

The demand for foreign exchange by individuals and companies seeking to do importation and other forex-related activities fell 42 per cent year-on-year, latest data from the Central Bank of Nigeria have...