Wednesday, February 5, 2025
News
Electricity Tariff Increase Likely as FG Moves to Remove Subsidy
The Federal Government's intentions to increase electricity tariff by more than 66%, from N116.18 to N193.63 per kilowatt-hour, have been met with opposition from power users. Speaking to reporters at the...
Read moreDetailsJP Morgan Delegation Explores Investment Prospects with Finance Minister Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, recently met with a high-profile delegation from JP Morgan to discuss investment opportunities in the country. According to...
Read moreDetailsNigeria committed to balancing trade, strengthening local industry
Sen. John Enoh, Minister of State for Industry, Trade, and Investment, says the Federal Government is committed to balancing trade by promoting domestic manufacturing while managing imports. Enoh stated this...
Read moreDetailsApplications Open: Green Ambassadorship Program for African Youth
The Green Ambassadorship Program (GAP) is now accepting applications for its 2025 cohort. This 16-week intensive program is designed to empower African youths by transforming their budding ideas or early-stage...
Read moreDetailsDangote Refinery Lowers Petrol Prices
Dangote Petroleum Refinery declared on February 1, 2025, that the ex-depot price of Premium Motor Spirit (PMS), also referred to as petrol, would drop from ₦950 to ₦890 per litre....
Read moreDetailsCBN is positioning banks for $1trn economy – Cardoso
The Central Bank of Nigeria (CBN) is pursuing policies that will prepare the banking sector for a one-trillion-Naira economy. Olayemi Cardoso, Governor of the Central Bank of Nigeria, announced this...
Read moreDetailsMark Zuckerberg’s Meta considers incorporation shift to Texas
The Wall Street Journal reported Friday that Meta is considering relocating its incorporation to Texas, a US state viewed as friendly to corporations run by large owners such as Mark...
Read moreDetailsApplications Open: The Leader of Africa Institute Grant Writing and Funding (GWF) Program 2025
The Leaders of Africa Institute is currently accepting applications for its Grant Writing and Funding (GWF) Program 2025. This program is designed to enhance participants' skills in grant writing, proposal...
Read moreDetailsPi Network Extends KYC Deadline to February 28, Sparks Declining User Interest
Pi Network has extended the Know Your Customer (KYC) verification and Mainnet migration deadline to 28 February 2025, giving users more time to secure their Pi holdings. Despite this extension,...
Read moreDetailsNYSC to Increase Corps Members’ Allowance to ₦77,000 Starting February – DG
Brigadier General Yushau Ahmed, the National Youth Service Corps (NYSC) director-general, declared Thursday that corps members will start receiving ₦77,000 in February 2025. The 2025 Federal Government budget includes this...
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