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Day: January 10, 2024

NNPC Record Profits and Suppressions on Oil Thieves
Local

NNPC Record Profits and Suppressions on Oil Thieves

The Nigerian National Petroleum Company Limited (NNPCL) announced a remarkable profit of N2.548tn in 2022, marking its “highest profit since…

byEkemini UbaJanuary 10, 2024January 10, 2024
New Leadership at Kaduna Electricity Distribution Plc: Mr Umar Hashidu Takes Helm as CEO
Local

New Leadership at Kaduna Electricity Distribution Plc: Mr Umar Hashidu Takes Helm as CEO

Kaduna Electricity Distribution Plc has welcomed Mr Umar Hashidu as its new Chief Executive Officer (CEO), following the recent resignation…

byEkemini UbaJanuary 10, 2024January 10, 2024
World Bank Forecasts Nigeria’s Per Capita Income Recovery by 2025
Local

World Bank Forecasts Nigeria’s Per Capita Income Recovery by 2025

The World Bank’s January 2024 Global Economic Prospects report predicts a return of Nigeria’s per capita income to pre-pandemic levels…

byEkemini UbaJanuary 10, 2024January 10, 2024
NASENI Signs Multibillion-Dollar MoUs for Technological Advancements
Local

NASENI Signs Multibillion-Dollar MoUs for Technological Advancements

The National Agency for Science and Engineering Infrastructure (NASENI) has inked multibillion-dollar Memoranda of Understanding (MoUs), both new and revived,…

byEkemini UbaJanuary 10, 2024January 10, 2024
Cash Scarcity Persists: Nigerians Endure High PoS Costs Despite Central Bank Assurances
Local

Cash Scarcity Persists: Nigerians Endure High PoS Costs Despite Central Bank Assurances

Nigerian customers continue to face challenges in accessing cash, leading to increased reliance on high-cost PoS services. Despite the Central…

byEkemini UbaJanuary 10, 2024January 10, 2024
Departure of BPE and FCCPC Heads: Not Dismissals, but Relief from Positions- Presidency
Local

Departure of BPE and FCCPC Heads: Not Dismissals, but Relief from Positions- Presidency

The Presidency has clarified that the departure of the heads of the Bureau of Public Enterprises (BPE) and the Federal…

byEkemini UbaJanuary 10, 2024January 10, 2024
Ahead of AFCON:Football Fans Express Discontent Over Startimes’ Subscription Price Hike
Local

Ahead of AFCON:Football Fans Express Discontent Over Startimes’ Subscription Price Hike

Football fans are expressing shock and disappointment as StarTimes announces a 15% increase in subscription prices just days before the…

byEkemini UbaJanuary 10, 2024January 10, 2024
NAFDAC Highlights Strategies for Consumers to Identify Fake Products
Local

NAFDAC Highlights Strategies for Consumers to Identify Fake Products

In the battle against counterfeit drugs and unwholesome products in the Nigerian market, the National Agency for Food and Drug…

byEkemini UbaJanuary 10, 2024January 10, 2024
Nigeria Faces 65% Drop in Foreign Investments, Loses Top Spot to Kenya
Local

Nigeria Faces 65% Drop in Foreign Investments, Loses Top Spot to Kenya

Foreign investments in Nigerian startups experienced a significant decline, falling by 65.83% year-on-year to $410 million in 2023, down from…

byEkemini UbaJanuary 10, 2024January 10, 2024

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