Red Cross Supports 5000 Households with Cash, Food, Others
In response to the escalating hunger crisis in Nigeria, the Nigerian Red Cross Society (NRCS) has escalated its…
Geometric Power Plant in Aba to be Commissioned Feb 26
The commissioning of the 181-megawatt Geometric Power plant in Aba, Abia State, originally slated for February…
People Can No Longer Afford Beer- CEO
Hans Essaadi, the Chief Executive Officer of Nigerian Breweries Plc, voiced concerns about the deteriorating…
Nigeria Implements 30-Second Biometric Clearance Gates at International Airports
In line with international standards and best practices, the Nigerian federal government has introduced 30-second…
Ministry of Power, Aso Villa, Others Faces Power Outage Over Debt
The Abuja Electricity Distribution Company (AEDC) has revealed that a total of 86 ministries, agencies, and…
Naira Devaluation Triggers EFCC’s Raid on BDC Operators
The Nigerian naira continued its downward trajectory against the United States dollar on Monday, causing distress…
Wema Bank Partners with NYSC, Launch New Program
Wema Bank has joined forces with the National Youth Service Corps (NYSC) to introduce the NYSC-ALAT Accelerator…
Pension Fund Administrators Report Positive Returns
Seventeen Pension Fund Administrators (PFAs) in Nigeria achieved an average return of 2.81% in January 2024,…
Protests Emerge in Ibadan Over Economic Hardships
Residents of Ibadan, Oyo State, took to the streets on Monday to express their grievances regarding the economic…
China Expands Security Partnership with Hungary Beyond Trade
In a recent meeting with Hungarian Prime Minister Viktor Orban, China extended its support to Hungary on public…
Yulia Navalnaya Joins EU Ministers to Condemn Putin’s Regime
Yulia Navalnaya, widow of Alexei Navalny, a vocal opponent of Russian President Vladimir Putin who tragically…
India To Ease Farmer Protests with Support Prices for Pulse, Corn, Others
In a bid to resolve tensions with protesting farmers, India has announced guaranteed support prices for pulses,…
Rio Tinto Faces Investor Scrutiny Over Water Practices
Global mining giant Rio Tinto, previously embroiled in controversy for destroying an ancient Indigenous site in…
Super Micro Computer Inc Faces Varied Analyst Sentiment
Despite recent fluctuations, Super Micro Computer Inc (SMCI.O) confronts diverse analyst sentiments as reflected…
Japan Pledges Bilateral Treaties with Ukrainian Prime Minister
In a diplomatic move, Japan welcomed Ukrainian Prime Minister Denys Shmyhal in Tokyo on Monday to discuss…
European and Global Markets Overview- Wayne Cole
Despite high expectations, China's market comeback post-holiday has been rather subdued, with stocks showing only…
Analysis of Nvidia’s Earnings Report and Impact on the Market
Wednesday's earnings report from chipmaker Nvidia (.NVDA) is anticipated to serve as a critical assessment for one…
House Committee Urges Urgent Reconstruction of Nigerian Ports
The House of Representatives Committee on Ports and Harbours, led by Chairman Nnolim Nnaji, has called upon the…
Power Outages Affect 14 Communities in Ogun State
Over 14 communities in Ogun State are grappling with power outages attributed to technical faults in power…
FG Plans to Raise N2.5 Trillion Through Bonds- DMO
the Federal Government, through the Debt Management Office (DMO), aims to raise N2.5 trillion in its second FGN…
Oil Marketers Ready to Lower Fuel Prices
Independent oil marketers in Nigeria have expressed their willingness to sell premium motor spirit (PMS), commonly…
Naira Depreciates as FX Market Witnesses Decline in Dollar Supply
The foreign exchange (FX) market in Nigeria experienced a notable 56.58% decrease in dollar supply on Wednesday,…
FMBN Set for N500 Billion Recapitalization
The Federal Mortgage Bank of Nigeria (FMBN) anticipates a promising future as the federal government pledges…
FG to Address Food Shortage with Grain Distribution
The federal government has expressed concern over the persistent food shortage in Nigeria and has announced plans…
Forex Crisis May Delay Foreign Investment, Says Report
A recent report titled "Finding Rain in Drought." by Comercio Partners, a prominent research and investment firm,…
First Bank to Reward Customers with N36m Cash Promo
First Bank of Nigeria has introduced the second season of its Cash Out promo aimed at rewarding users of…
Prof. Okereke Appointed as Special Adviser- Enugu Gov.
Enugu State Governor, Peter Mbah, has appointed Prof. Chukwumerije Okereke as a special adviser on Climate Policy…
NSIA Announces Offers $220, 000 for Innovation
The Nigeria Sovereign Investment Authority (NSIA) has unveiled the second edition of the NSIA Prize for Innovation…
Nigeria’s Oil Output Increases to 1.43m Barrels in 2024
Nigeria's oil production experienced a notable increase in January 2024, rising to 1.43 million barrels per day…
Femi Otedola Set to Recieve $17m from Geregu Power Plant
Nigerian billionaire Femi Otedola is set to receive a substantial final dividend exceeding $17 million from his…