News

The bread-making industry in Nigeria is grappling with significant challenges as input costs skyrocket, leading to a sharp increase in bread prices. Mr. Francis Afisoye, Manager of Lofty Bread, emphasized...

As Nigerians battle fuel scarcity, over 9,000 oil marketers are on the verge of losing their operating licences. As a result, the Independent Petroleum Marketers Association of Nigeria is urging...

April 2024 saw a slight uptick in the Purchasing Managers' Index (PMI) to 51.1 due to a slowing in the rate of pricing and production fee increases. According to the...

Shell Nigeria Gas and the Oyo State Government have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in...

The exchange rate for customs duty collection has surged to N1,441.53 against the US dollar over the past two days. This marks a significant jump from N1,373.64/$ recorded at the...

Recent data analysis from the Central Bank of Nigeria (CBN) reveals a concerning trend: as of March 2024, an overwhelming 94% of the currency in circulation was held outside banks....

The Nigeria Atomic Energy Commission (NAEC) has unveiled plans to collaborate with the Centre for Energy Research and Training (CERT) at Ahmadu Bello University (ABU), Zaria, to harness nuclear science...

The Nigerian Electricity Regulatory Commission (NERC) has taken action under the Nigeria Electricity Act. It has directed establishing an Independent System Operator (ISO) to assume the Transmission Company of Nigeria...

Uka Juliet Chidiebube, one of Nnamdi Azikiwe University's (UNIZIK) finest graduating students, has rewritten the 2024 Unified Tertiary Matriculation Examination (UTME). Chidiebube earned a first-class degree in Chemistry from UNIZIK...

The total active mobile subscriptions in the country dipped by 5.4 million or 2.4 per cent, settling at 219 million in the first quarter of 2024, data obtained from the...