The World Bank and the African Development Bank (AfDB) have announced plans to partner to provide access to energy for…
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Ekperikpe Ekpo, the Minister of State for Gas, has said that the Federal government secured an agreement with Shell (SHELL)…
The average retail price of Automotive Gas Oil (Diesel) paid by consumers rose by 59.51% year-over-year, increasing from N840.81 per…
The Federal Government asserts it needs approximately N3.2 trillion to subsidize electricity in 2024 should the current tariff hike be…
The average retail price to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) rose by 42.97%, from N4,610.48…
The United States of America (USA) and Nigeria are set to discuss digital economy, emerging technology, and the development and…
The Federal Government through the Ministry of Communications, Innovation and Digital Economy, has launched Nigeria’s first Multilingual Large Language Model…
Kenyans living and working abroad sent home a total of $1.2 billion in the first three months of the year.…
The House of Representatives Public Accounts Committee has mandated the Securities and Exchange Commission (SEC) and Fiscal Responsibility Commission (FRC)…
The International Monetary Fund (IMF) says Nigeria’s inflation rate will drop to 26.3% in 2024, noting that the country’s economy…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has addressed concerns over the declining external reserves, maintaining that…
The Nigerian Ports Authority (NPA) is set to receive a $700 million loan from Citibank, which is to be funded…
Comptroller of Customs Area Commander at Tincan Island Ports (TCIP), Dera Nnadi, has reported that the command generated N303.9 billion…
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, according to the World Bank in…
China has written off an undisclosed amount of Zimbabwe’s interest-free loans and pledged to help the country navigate its way…
A new report from the National Bureau of Statistics (NBS) has disclosed the state of child labour across Nigeria. The…
The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Aminu Umar Sadiq, has announced an investment of over $500…
The Federal Government has set aside N16.1 billion monthly for the settlement of N1 trillion debts owed by state governments.…
Nigeria is projected to slip to the fourth largest economy in Africa in 2024, behind South Africa, Egypt, and Algeria,…
The federal government is looking towards a reduced interest rate to attract investments and grow the economy according to the…