News

The Nigerian National Petroleum Company Limited has assured Nigerians that the country’s energy scarcity will be over in the next 10 years. The NNPCL Group Chief Executive Officer, Mele Kyari,...

The aviation industry is experiencing a sense of unease regarding the potential full implementation of the Steve Oronsaye report on the restructuring and rationalization of government agencies and parastatals. President...

The Central Bank of Nigeria (CBN) has taken a decisive step to address the persistent distortions in Nigeria’s foreign exchange market, aiming to narrow the widening gap in exchange rates....

The Chairman of Geometric Power Group, Professor Barth Nnaji, has explained that his passion to contribute to industrial development in Igbo land in a manner that would accelerate rapid development...

The governor of Abia State, Alex Otti, has confirmed that the previous administration made no financial investment in the recently commissioned 188MW geometric power plant project in the State. In...

A total of 12 African startups have received $120,000 each in investment, along with training and mentorship, to advance their entrepreneurial endeavors. These african startups, including 24Seven, Beauty Hut, Eight...

Minister of Art, Culture, and Creative Economy, Hannatu Musawa, has confirmed ongoing discussions with the organizers of the American Grammy Awards to establish an African counterpart of the prestigious award...

The cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, surged by 38 percent on a month-on-month basis. As per Vanguard's findings, the price of a 12.5kg cylinder...

Yesterday, the Central Bank of Nigeria (CBN) increased its benchmark interest rate, known as the Monetary Policy Rate (MPR), by 400 basis points, raising it from 18.75 percent to 22.75...

Standard Chartered Bank reported a significant milestone in its annual profit for Africa and the Middle East in 2023, reaching $1.3 billion, the highest figure recorded in a decade. The...