Federal Government Launches Inaugural Cargo Movement on Lagos-Ibadan Rail Corridor
After initial concerns regarding the under-utilization of the standard gauge rail line two years post-commissioning, the Federal Government has officially…
Day: September 12, 2023
Nigeria at G-20: A Glimpse of Hope in International Relations
The G-20 summit held in New Delhi, India, has concluded, marking a significant stride for the Nigerian delegation, headed by…
NNPC CEO and Regulatory Authority CEO Absent from Probe Hearing
The CEO of the Nigeria National Petroleum Company Limited (NNPC), Mele Kyari, and the CEO of the Nigerian Midstream and…
NERC Launches App to Monitor Electricity Distribution Compliance with Tariffs
The Nigeria Electricity Regulatory Commission (NERC) introduced a new app on September 11 to oversee the adherence of Electricity Distribution…
Tinubu’s Economic Reforms Benefit Business Elites, Says The Economist
President Bola Tinubu’s recent economic decisions, including the removal of fuel subsidies and the unification of exchange rates, have been…
Nigeria And UAE: Cautious Optimism As FG Adopts Piecemeal Negotiation Out Of $800m Stuck Funds As UAE Lifts Sanctions
The United Arab Emirates (UAE) has officially lifted the visa ban on Nigerian travelers, ending a nearly year-long restriction along…
Electricity Metered Customer Base Grows by 10.4% in Nigeria
The number of metered electricity customers in Nigeria reached 5.47 million in Q2 2023, indicating a notable growth of 10.4%…
Concerns Mount as Nigeria’s Fiscal Deficit Surges to ₦3.68 Trillion in 2023
A recent report reveals that Nigeria’s fiscal deficit soared to ₦3.68 trillion in the first five months of 2023. This…
Historic Agreement: UAE Lifts Visa Ban on Nigerian Travelers
In a significant diplomatic breakthrough, the United Arab Emirates (UAE) has officially lifted the visa ban imposed on Nigerian travelers,…
Central Bank of Nigeria Directs Banks to Use Forex Gains Prudently
The Central Bank of Nigeria (CBN) issued a directive on Monday instructing commercial banks not to utilize their foreign exchange…