News

The Federal Government has raised the amount that it would save this year following the recent hike in electricity tariff for Band A customers to N1.5tn. It also stated that...

The Nigeria Customs Service (NCS) has adjusted the exchange rate for the clearance of goods and assessment of import duties, lowering it from N1,246.66/$ to N1,238.17 to the USD. This...

The International Monetary Fund (IMF) disclosed that financial institutions globally have incurred losses totaling $12 billion due to cyberattacks over the past two decades. Out of this sum, $2.5 billion...

After sneaking in one of his own paintings and hanging it up in the gallery, which houses famous pieces by well-known artists like Leonardo Da Vinci and Henri Mattise, a...

A power-generating company, Geregu Power Plc, has announced a 254.37 per cent year-on-year appreciation in its revenue to N50.42bn in the first quarter of 2024. In its interim financial statement...

THE African Development Bank, AfDB, has obtained $110,000 from the Sustainable Energy Fund for Africa, SEFA, to help Ekiti State build the State Electricity Priority Plan, SEPP. Prof. Bolaji Aluko,...

Oil marketers have called for a downward review in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery to between N700...

The combined operating expenses of 10 Nigerian banks rose by 42.51 per cent to N3.23tn in 2023 compared to N2.26tn in the previous year, according to The PUNCH findings This...

The average fare paid by air passengers for specified routes on a single journey was up by 20.53 per cent year-on-year to  N89,975.68 in January 2024 from N74,648.65 in the...

Ethereum's recent surge of 8% marks its most significant rise in over a month, sending ripples across the crypto ecosystem. The surge witnessed Ethereum outperforming major cryptocurrencies like Bitcoin. According...