News

The Federal Government through the Nigerian Electricity Regulatory Commission has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the...

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu said Nigeria needs at least $100bn in investments to achieve Nigeria Agenda 2050, with over 80 per cent expected from...

The Ministry of Finance Incorporated (MOFI) has officially taken charge of the federal government's equity holdings in 11 successor Electricity Distribution Companies (DisCos). This decision follows the directive issued by...

In a reassuring address on Monday, President Bola Tinubu conveyed his confidence in Nigeria's imminent economic recovery, emphasizing the country's resilience in the face of challenges posed by the removal...

A recent report by market intelligence firm Mordor Intelligence paints an optimistic picture for the Nigerian telecom market, foreseeing a remarkable surge to $11.43 billion by 2029. The forecast indicates...

Nigeria's inflation rate for December 2023 increased to 28.92%, up from 28.20% in the previous month, according to the latest report from the National Bureau of Statistics (NBS). This marks...

1. NNPCL to hand over Port Harcourt refinery to private operators As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to...

President Bola Tinubu has recently announced the appointment of Mrs. Didi Esther Walson-Jack, OON, mni, as the Permanent Secretary of the Federal Ministry of Education, marking a notable milestone in...

The Founding Partner of Global Infrastructure Partners, Adebayo Ogunlesi will see his net worth grow to $2.3bn dollars once the takeover deal involving investment management company — Blackrock is finalised....

The Minister of Budget and Economic Planning, Atiku Bagudu, has said he expects the exchange rate to improve following the ongoing exchange reforms of President Bola Tinubu and the Central...