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Nigeria’s poverty reduced by seven per cent, says World Bank
The World Bank has estimated that improved access to internet coverage over three years led to a seven per cent ...Again, Naira depreciates to N1,370/$ in parallel market
The naira yesterday depreciated to N1,370 per dollar in the parallel market from N1,300 per dollar on Thursday. Similarly, the ...AEDC partners Daystar, Wood factory, delivers uninterrupted power in Abuja area
Abuja Electricity Distribution Plc (AEDC) has consolidated its lead in the provision of integrated power solutions with the signing of ...FG will continue electricity subsidy to ease burden on Nigerians – NERC
Chairman of Nigerian Electricity Regulatory Commission Sanusi Garba, has said the federal government will continue to subsidise electricity to ease ...NNPC should have privatised refineries before rehabilitation — Atiku
Former Vice President Atiku Abubakar says the Nigerian National Petroleum Company Limited should have privatised refineries before rehabilitation to avoid ...Shell agrees to sell Nigerian onshore subsidiary, SPDC for $2.4bn
Shell Plc said it has “reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of ...Nigeria’s inflation hits new record in 24 years
Nigeria’s inflation figure has continued its increasing pace, posting a 28.92 percent rise in December 2023. In a report released ...NOVA Merchant Bank increases staff salaries, begins 2024 graduate trainee programme
NOVA Merchant Bank Limited has announced a substantial increase in staff salaries, effective November 1, 2023. A statement on Sunday ...Afreximbank, UBA disburse US$2.25bn of $3.3bn syndicated NNPCL-sponsored crude oil prepayment facility
The African Export-Import Bank (Afreximbank) has arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National ...Otedola rejoins billionaires list, now Nigeria’s fourth richest person
The number of Nigerian billionaires on the Forbes list has increased to four after the wealth-tracker included Femi Otedola, the ...
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