CBN threatens banks on new banknotes
The Central Bank of Nigeria (CBN) on Friday said that any commercial bank that failed to pay the new naira...
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11 African countries’ with GDP 6% or more— report
The 2023 Africa’s Macroeconomic Performance and Outlook has projected that 11 African countries will have a Gross Domestic Product (GDP)...
EU fosters plan to grow Nigeria’s human capital
European businesses and the European Union (EU) Delegation to Nigeria have announced plans to step-up collaborations targeted at Nigerian youths...
Fuel scarcity bites harder as MOMAN jerks pump price
There is no respite for Lagos residents over the lingering fuel scarcity as Major Oil Marketers Association of Nigeria (MOMAN)...
AfDB projects Africa’s GDP growth at 4% in 2023, 2024
The African Development Bank (AfDB), has projected Africa’s Gross Domestic Product (GDP) growth at about four per cent in 2023...
AEDC explains power outages
The Abuja Electricity Distribution Company (AEDC), has attributed the drop in power supply in its franchise areas to insufficient load...
Stock market extends gains marginally by 0.02%
The Nigerian Exchange Ltd. (NGX) recorded a marginal gain of N6 billion on Thursday due to sustained bargain-hunting. Specifically, the...
1,374km roads approved by FEC to generate N11.54trn – ICRC
The Infrastructure Concession Regulatory Commission (ICRC) says the 1,374 kilometre road projects approved by the Federal Council (FEC) will generate...
Firm to launch electric vehicles in Nigeria, employ 320 workers
Roxettes Eco-Drives Ltd, an indigenous car company says it will launch an Electric Vehicle (EV) in Nigeria and the entire...
TCN receives 8 transformers at Lagos Port – Official
The Transmission Company of Nigeria (TCN) says it has received eight new power transformers under its Project Management Unit at...
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