News

The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, up from 31.70 per cent in February 2024. This represents...

The World Bank has issued a stark warning, highlighting a concerning trend: Half of the world's 75 poorest nations are experiencing a widening income gap compared to the wealthiest economies,...

Billionaire entrepreneur Elon Musk has revealed plans to downsize Tesla's global workforce by more than 10% as the demand for electric vehicles (EVs) slows. Musk emailed Tesla employees about this...

In the early hours of Monday, Nigeria experienced another collapse of its national electricity grid, resulting in a complete blackout nationwide. Data from the Transmission Company of Nigeria (TCN) revealed...

The Federal Government has appealed to members of the National Union of Electricity Employees not to down tools over the recent electricity tariff hike. This is as the union insisted...

Manufacturers have decried the high cost of automobile petrol oil (AGO), often known as diesel, which is used to generate electricity for their operations, claiming that the commodity consumes almost...

The Chibok tragedy on April 14, 2014, is a sad milestone that has altered Nigeria, particularly Northern Nigeria, in at least two ways. It made mass abductions of innocent and...

The Nigeria Customs Service, Port & Terminal Multipurpose Limited Command, has revealed that it collected N66.9bn in revenue for the first quarter of 2024. The Public Relations Officer of the...

The weakening of the naira resulted in a combined foreign exchange loss of N8.31bn for four pharmaceutical firms listed on the Nigerian Stock Exchange in 2023. The 2023 financial statements of...

The Federal Government has unveiled plans to redirect approximately N1 trillion in savings from the removal of electricity subsidies to bolster social services and enhance the power supply nationwide. During...