Solar Power Sparks Economic Revival in Nigeria
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Bitcoin reached an all-time high of more than $83,000, as the cryptocurrency market soared following President-elect Donald Trump's victory and his administration's expected support for digital assets. Trump won in...
Read moreDetailsAs the United Nations Climate Conference kicks off in Baku, Azerbaijan, Nigeria has underscored the need for increased global funding to support climate adaptation in vulnerable nations. The country also...
Read moreDetailsThe federal government has encouraged local and international businesses to enter the country's $2 billion sugar market. Kamar Bakrin, Executive Secretary and CEO of the National Sugar Development Council (NSDC),...
Read moreDetailsAs of June 30, 2024, the total debt of Nigeria’s 36 states climbed to ₦11.47 trillion, despite funding from the Federal Accounts Allocation Committee (FAAC) and their internally generated revenues...
Read moreDetailsOn Thursday, the Naira appreciated on the official market, trading at N1,639.50 per dollar. Data from the FMDQ Exchange's official trading platform reported that the naira increased by N42.15. This...
Read moreDetailsThe World Trade Organization (WTO) has officially confirmed Ngozi Okonjo-Iweala, its current director-general, as the only candidate for the position in the upcoming term. Okonjo-Iweala formally expressed her interest in...
Read moreDetailsTaiwo Oyedele, head of the presidential committee on fiscal policy and tax reforms, has stated that Nigeria's upcoming tax law changes are poised to substantially boost revenue collection. In a...
Read moreDetailsThe Food and Agriculture Organization reported that October saw global food prices soar to their highest level in a year and a half, with vegetable oil prices leading the surge....
Read moreDetailsThe Nigerian stock market reversed its previous session gains, with investors losing N337 billion on Wednesday. The Nigerian Exchange Ltd. (NGX) market capitalisation, which started at N58.852 trillion, fell by...
Read moreDetailsBayo Onanuga, the Special Adviser to the President, acknowledged this in a statement issued on Wednesday. "President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, regrets to announce the passing...
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