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Premium Motor Spirit (PMS) importers are bracing for significant losses, estimated at N2.5bn daily and N75bn monthly, following the latest price slash announced by Dangote Petroleum Refinery. Investigations by The...
Read moreDetailsMTN Nigeria has reported a ₦400.44 billion loss after tax for the financial year ending December 31, 2024, as the sharp devaluation of the naira significantly increased foreign exchange losses,...
Read moreDetailsThe African Economic Scholars Program (AESP) is now accepting applications for its 2025 cohort. This initiative aims to cultivate the next generation of policymakers in Africa by providing participants with...
Read moreDetailsThe recent decision by Dangote Petroleum Refinery to reduce its ex-depot petrol price from ₦890 to ₦825 per liter has significantly impacted fuel importers in Nigeria. This price adjustment, effective...
Read moreDetailsThe Federal Government of Nigeria has announced plans to review electricity tariffs for customers in Bands B and C as part of ongoing efforts to address disparities in the current...
Read moreDetailsThe Aid for Rural Education Access Initiative (AREAi) has launched the Women Techies Africa program, a sub-initiative of its Digital Skills Accelerator (DSA). This program is designed to empower young...
Read moreDetailsIn 2024, Africa experienced a notable increase in aviation accidents, as reported by the International Air Transport Association (IATA). The continent recorded 10 accidents, resulting in an all-accident rate of...
Read moreDetailsDangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, in a strategic move to provide economic relief ahead of...
Read moreDetailsOn Wednesday, the International Olympic Committee temporarily accepted the newly formed World Boxing as the authority in charge of the sport at future Games. The International Olympic Committee (IOC) cut...
Read moreDetailsThe Federal Government, through the Ministry of Labour and Employment, has issued a seven-day deadline to the management of Ibadan Electricity Distribution Company (IBEDC) and its outsourcing contractor to renegotiate...
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