Use of gas will stem deforestation – Osinbajo
Vice President Yemi Osinbajo of Nigeria has reported that the use of gas as a transition fuel would help in...
Economy/Technology
Nigeria, EU, AFD sign €25m deal to strengthen Northwest electricity
The Federal Government, the European Union, EU and the French Development Agency (AFD) have signed a €25 million agreement grant...
D-8 Countries pledge support for Nigeria’s power sector reforms
The D-8 Countries on Wednesday pledged their support for the power sector reforms in Nigeria. Ms Herietta Ighomorore, Head Corporate...
Naira falls slightly, exchanges 436.50 to dollar
The Naira on Wednesday depreciated slightly against the dollar at the Investors and Exporters window exchanging at N436.50. The figure...
Private sector investment key to economic growth
Governor Ben Ayade of Cross River says private sector’s participation is key to the economic growth of the state. The...
Customs does not determine exchange rate
The Nigeria Customs Service (NCS) says it does not determine exchange rate. The Public Relations Officer of the service, Deputy...
Buhari to present 2023 budget in October
The Speaker of the House of Representatives, Mr Femi Gbajabiamila, says President Muhammadu Buhari is expected to present the 2023...
Selloffs in tier-one stocks push equity market downward
The equity market slipped on Monday due to selloffs in tier-one stocks. Consequently, market capitalisation shed N27.87 billion, representing 0.10...
Coronation Merchant Bank projects 22.2% rise in inflation
Coronation Merchant Bank has projected a rise in Nigeria’s Consumer Price Index (CPI) to 22. 2 per cent on a...
Operators adopt green shipping
The Nigerian Shippers’ Council (NSC) on Wednesday said ship operators were adopting green shipping aimed at reducing greenhouse gase emissions....
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